The 10th Fiscal Period (Nov. 2016) Presentation

 

The 10th Fiscal Period (Nov. 2016) Presentation

Index

Highlights of the 10th Fiscal Period (ended Nov. 2016) and onwards

Highlights of the 4th Public Offering

Financial Results for the 10th Period (ended Nov. 2016): Income Statement

External Growth 〜 Continuous Expansion of Asset Size 〜

Internal Growth 〜Management of Tokyo Office Properties ①〜

Financing Strategy 〜Status of Financing ① 〜

Appraisal Values of Properties 〜as of Nov. 30, 2016〜

Other Achievements

Disclaimer

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I would like to move on to the explanation about the financial results for the 10th period. At first, we will explain about Income Statement.

Please see table 1. on the left side. In the 10th period, operating revenue was ¥10,917 million, operating income was ¥6,161 million and net income was ¥5,409 million. Distributions per unit was ¥9,021.

We achieved substantial increase in both revenue and income, owing to the management of the new three properties acquired during the 10th period and steady internal growth, as seen in the increase in sales-linked rent at hotels and office rent increase. Distributions per unit show a 4.1% increase by ¥355, compared with the 9th period.

Please turn onto the next page.