Tokyo Tatemono Co., Ltd. Revises Earnings & Dividend — Operating Profit Up 5.5%

Tokyo Tatemono Co., Ltd. Revises Earnings & Dividend — Operating Profit Up 5.5%

Tokyo Tatemono Co., Ltd. (TSE:8804) has raised its full-year earnings forecast for the fiscal year ending December 2026, citing strong progress across its core real estate operations and improved financial performance.

The company maintained its revenue guidance at JPY 524.0bn while raising operating profit to JPY 105.5bn from JPY 100.0bn, reflecting a 5.5% upward revision. Ordinary income (keijo rieki), a Japan-specific profit metric that includes non-operating financial items, was lifted to JPY 83.5bn from JPY 80.5bn. Net profit attributable to parent shareholders rose to JPY 65.0bn from JPY 63.0bn. Management attributed the improvements to steady progress in building operations, residential sales, and investor property disposals, alongside a favorable reassessment of equity-method investment gains. These gains were partially offset by increased corporate expenses.

On the dividend front, Tokyo Tatemono adjusted its payout structure while maintaining full-year shareholder returns. The interim dividend was reduced to JPY 48/share from JPY 61/share, while the year-end dividend was raised to JPY 65/share from JPY 61/share, resulting in a full-year dividend of JPY 126/share versus the prior JPY 122/share forecast—a 3.3% increase. The revision demonstrates management’s commitment to sustainable shareholder returns while optimizing capital allocation. Earnings per share (EPS) was raised to JPY 313.54 from JPY 303.46, reflecting improved profitability despite flat revenue guidance.

Source: Original filing (TDnet) | 日本語版

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