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CRE Logistics REIT, 0.05% Decrease in Ordinary Profit for The Current Fiscal Year

Mon Feb 17, 2025 3:30 pm JST Earnings

3487 CRE Logistics REIT,Inc.

Earnings Report

CRE Logistics REIT,Inc. <3487> [TSE REIT] announced its financial results after the market closed on February 17th (15:30). The ordinary profit for the fiscal year ending December 2024 increased 6.9% from the previous period to 2.21 billion yen. However, for the fiscal year ending June 2025, the profit is nearly flat with a slight decrease of 0.05% from the previous period to 2.2 billion yen.

At the same time, the company increased the distribution for the previous term from 3741 yen to 3786 yen (compared to 3654 yen in the prior term), and plans to set the distribution for the current term at 3782 yen.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 4,525 2,488 2,173 2,172 3,460.0 3,820 Feb 16, 2024 J-GAAP
Jun, 2024 4,466 2,383 2,068 2,067 3,294.0 3,654 Aug 16, 2024 J-GAAP
Dec, 2024 4,679 2,548 2,210 2,210 3,526.0 3,786 Feb 17, 2025 J-GAAP
YoY +4.8% +6.9% +6.9% +6.9% +7.0%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 4,655 2,536 2,196 2,195 3,516.8 3,741 Aug 16, 2024 J-GAAP
Dec, 2024 Results 4,679 2,548 2,210 2,210 3,526.0 3,786 Feb 17, 2025 J-GAAP
Revision Rate +0.5% +0.5% +0.6% +0.7% +0.3%

Current Period Guidance

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun, 2024 4,466 2,383 2,068 2,067 3,294.0 3,654 Aug 16, 2024 J-GAAP
Dec, 2024 4,679 2,548 2,210 2,210 3,526.0 3,786 Feb 17, 2025 J-GAAP
Jun, 2025 Guidance 4,703 2,585 2,209 2,208 3,569.4 3,782 Feb 17, 2025 J-GAAP
YoY +0.5% +1.5% 0.0% -0.1% +1.2%

Quarterly Results

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