HEIWA REAL ESTATE REIT, Inc. reported earnings results for the six months ended November 30, 2016. For the period, the company reported operating revenue of ¥5,698 million, operating income of ¥2,374 million, ordinary income of ¥1,820 million, net income of ¥1,085 million or ¥1,069 per unit, net cash provided by operating activities of ¥5,033 million, income before income taxes of ¥1,086,076,000, purchase of property, plant and equipment of ¥41,544,000, and purchase of property, plant and equipment in trust of ¥306,778,000.

The company provided earnings guidance for the period from December 1, 2016 to May 31, 2017. For the period, the company expects operating revenue of ¥5,809 million, operating income of ¥2,484 million, ordinary income of ¥1,970 million and net income of ¥1,969 million or ¥1,940 per unit.

The company provided earnings guidance for the period from June 1, 2017 to May 31, 2017, the company expects to report operating revenue of ¥5,804 million, operating income of ¥2,494 million, ordinary income of ¥1,970 million and net income of ¥1,969 million or ¥1,940 per unit.