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Daiwa Securities Living Investment, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 9% Increase, Raises Record High Profit, Distribution Revised Upward by 200 yen

Fri Dec 20, 2024 3:30 pm JST Revision

8986 Daiwa Securities Living Investment Corporation

Guidance Update Report

Daiwa Securities Living Investment Corporation <8986> [TSE REIT] announced a revision to its performance and dividend after the market closed on December 20th (15:30). The ordinary profit for the fiscal year ending March 2025 has been revised upward 20.2%, from the previous forecast of 5.63 billion yen to 6.76 billion yen (compared to 6.2 billion yen in the previous period), record profits reach four consecutive terms, turning to a 9.1% 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 2400 yen to 2600 yen (compared to 2400 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
Mar, 2025 Prev 13,281 6,660 5,631 5,631 2,339.5 2,400 Nov 20, 2024 J-GAAP
Mar, 2025 New 14,720 7,795 6,768 6,768 2,811.9 2,600 Dec 20, 2024 J-GAAP
Revision Rate +10.8% +17.0% +20.2% +20.2% +20.2%

Current Period Guidance

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 13,284 6,599 5,813 5,813 2,425.0 2,300 May 22, 2024 J-GAAP
Sep, 2024 14,155 7,092 6,204 6,203 2,577.0 2,400 Nov 20, 2024 J-GAAP
Mar, 2025 Guidance 14,720 7,795 6,768 6,768 2,811.9 2,600 Dec 20, 2024 J-GAAP
YoY +4.0% +9.9% +9.1% +9.1% +9.1%

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