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Daiwa Office Investment, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 5% Increase, Distribution Revised Upward by 310 Yen
8976 Daiwa Office Investment Corporation
Guidance Update ReportDaiwa Office Investment Corporation <8976> [TSE REIT] announced a revision to its performance and dividend after the market closed on March 24th (15:30). The ordinary profit forecast for the fiscal year ending May 2026 has been revised upward 9.3%, from the previous forecast of 7.17 billion yen to 7.84 billion yen (compared to 7.49 billion yen in the previous period), turning to a 4.6% increase in the ordinary profit outlook.
In light of the strong performance, the company has increased its planned distribution for the current fiscal year from the original plan of 7250 yen to 7560 yen (compared to 8020 yen in the previous period).
Kabutan News
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2026 Prev | 15,672 | 8,410 | 7,173 | 7,172 | 7,672.7 | 7,250 | Jan 22, 2026 | J-GAAP |
| May, 2026 New | 16,474 | 9,155 | 7,843 | 7,842 | 8,389.5 | 7,560 | Mar 24, 2026 | J-GAAP |
| Revision Rate | +5.1% | +8.9% | +9.3% | +9.3% | +9.3% |
Current Period Guidance
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May, 2025 | 15,208 | 7,921 | 6,950 | 6,949 | 7,348.0 | 6,920 | Jul 18, 2025 | J-GAAP |
| Nov, 2025 | 16,056 | 8,593 | 7,497 | 7,496 | 7,996.0 | 8,020 | Jan 22, 2026 | J-GAAP |
| May, 2026 Guidance | 16,474 | 9,155 | 7,843 | 7,842 | 8,389.5 | 7,560 | Mar 24, 2026 | J-GAAP |
| YoY | +2.6% | +6.5% | +4.6% | +4.6% | +4.9% |
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