Japan Excellent, Inc. Provides Financial Guidance for the 35th Period Ending December 31, 2023 and for the 36th Period Ending June 30, 2024
August 17, 2023 at 02:30 am EDT
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Japan Excellent, Inc. provided financial guidance for the 35th Period Ending December 31, 2023 and for the 36th Period Ending June 30, 2024. For the 35rd Period Ending December 31, 2023, the company expected Total revenues of JPY 10,785 million, Operating income of JPY 4,468 million and Net income of JPY 3,873 million.
For the 36th Period Ending June 30, 2024, the company expected Total revenues of JPY 10,822 million, Operating income of JPY 4,463 million and Net income of JPY 3,862 million.
Japan Excellent, Inc. is a real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. It primarily invests in office buildings located in Tokyo's six central wards, central Osaka and Nagoya, Tokyo's surrounding areas, including Kanagawa, Saitama and Chiba Prefectures, as well as other government-designated cities. Its property portfolio includes Kowa Kawasaki Nishiguchi Building, Akasaka Garden City, Omori Bellport D, AKASAKA INTERCITY, Musashikosugi Tower Place, Daiba Garden City Building, Kowa Kawasaki Higashiguchi Building, Shiba 2-Chome Building, JEI Hamamatsucho Building and No.44 Kowa Building. The asset manager of the Fund is Japan Excellent Asset Management Co., Ltd.