Nippon Prologis REIT, Inc. Announces Earnings Results for the Twelfth Fiscal Period Ended November 30, 2018; Provides Earnings Guidance for Thirteenth Fiscal Period Ending May 31, 2019 and Fourteenth Fiscal Period Ending November 30, 2019
January 18, 2019 at 01:00 am
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Nippon Prologis REIT, Inc. announced earnings results for the twelfth fiscal period ended November 30, 2018. For the period, the company reported total operating revenues of ¥19,726,277,000, operating income of ¥9,379,588,000 and profit of ¥8,709,478,000 or ¥3,984 per unit.
The company provided earnings guidance for thirteenth fiscal period ending May 31, 2019 and fourteenth fiscal period ending November 30, 2019. For the period ending May 31, 2018, the company expects operating revenues of ¥20,245 million, operating income of ¥9,093 million, and profit of ¥8,403 million.
For the period ending November 30, 2019, the company expects operating revenues of ¥19,708 million, operating income of ¥9,043 million and profit of ¥8,339 million.
Nippon Prologis REIT Inc. is a Japan-based real estate investment trust (REIT). It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The REIT mainly invests in logistic facilities, focusing on A class logistic facilities. Its portfolio included Prologis Park Ichikawa 1, Prologis Park Zama 1 , Prologis Park Kawajima , Prologis Park Osaka 2, Prologis Park Maishima 3 , Prologis Park Kasugai, Prologis Park Maishima 4, Prologis Park Kitanagoya, Prologis Park Tagajo and Prologis Park Takatsuki, among others. The asset manager of the REIT is Prologis REIT Management K.K.
Nippon Prologis REIT, Inc. Announces Earnings Results for the Twelfth Fiscal Period Ended November 30, 2018; Provides Earnings Guidance for Thirteenth Fiscal Period Ending May 31, 2019 and Fourteenth Fiscal Period Ending November 30, 2019