Heiwa Real Estate Co., Ltd. Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

Consolidated revenue for the interim period was 26,551 million yen (up 21.7% year-over-year). Operating income was 7,404 million yen (up 28.4% year-over-year), and ordinary income was 6,193 million yen (up 28.2% year-over-year), continuing a trend of profit growth. Interim net income attributable to owners of parent was 4,595 million yen (up 5.7% year-over-year), indicating structural improvement in profitability. On the balance sheet, total assets were 448,610 million yen, and the equity ratio was 28.0%. Regarding dividends, a year-end dividend of 44 yen and a special dividend of 15 yen were recorded. The full-year forecast remains revenue of 63,800 million yen, ordinary income of 13,000 million yen, and net income attributable to owners of parent of 11,500 million yen, with no revisions at this time.

Outlook and Shareholder Returns

The full-year forecast is unchanged, and there are no revisions to the performance outlook in this financial summary. The dividend policy remains as currently projected, with a year-end dividend of 44 yen and a special dividend of 15 yen expected. Going forward, the company plans to focus on expanding earnings through growth in the Building business and Asset Management business by segment, and on securing cash flow stability.