Heiwa Real Estate Co., Ltd. announced consolidated earnings results for the first half ended September 30, 2015. For the quarter, the company's operating revenue was ¥17,150 million compared to ¥17,312 million for the same period in 2014. Operating income was ¥4,172 million compared to ¥4,554 million for the same period in 2014. Ordinary income was ¥3,363 million compared with ¥3,577 million a year ago. Net income attributable to owners of parents was ¥2,150 million or ¥53.90 per diluted share compared to ¥1,534 million or ¥38.46 per diluted share for the same period in 2014. Income before income taxes was ¥3,085 million compared to ¥2,557 million for the same period in 2014. Net cash provided by operating activities was ¥4,087 million compared to ¥2,432 million for the same period in 2014. Purchase of tangible fixed assets was ¥6,673 million compared to ¥1,544 million for the same period in 2014. Purchase of intangible fixed assets was ¥0 million compared to ¥354 million for the same period in 2014.

For the year ending March 31, 2016, the company's expects on consolidated basis operating revenue to be ¥38,500 million, operating income to be ¥7,000 million, ordinary income to be ¥5,000 million, net income to be ¥2,700 million or ¥67.67 per share.