Nomura Real Estate Holdings, Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31,2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
January 31, 2017 at 08:30 pm IST
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Nomura Real Estate Holdings, Inc. provided year-end dividend guidance of JPY 30.00 per share for the Fiscal year ending March 31,2017 against JPY 30.00 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported operating revenue of JPY 368,989 million against JPY 380,749 million a year ago. Operating income was JPY 49,130 million against JPY 53,048 million a year ago. Ordinary income was JPY 42,965 million against JPY 47,131 million a year ago. Profit before income taxes was JPY 43,785 million against JPY 45,901 million a year ago. Profit attributable to owners of parent was JPY 29,185 million against JPY 28,431 million a year ago. Diluted per share were JPY 151.57 against JPY 147.92 a year ago. Net cash used in operating activities was JPY 28,306 million against JPY 96,628 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 38,103 million against JPY 24,795 million a year ago. Interest-bearing debt was JPY 851,600 million against 728,100 million for the same period a year ago.
For the year ending March 31, 2017, the company expects operating revenue of JPY 585,000 million, operating income of JPY 76,000 million, ordinary income of JPY 67,000 million, profit attributable to owners of parent was JPY 43,000 million and earnings per share of JPY 224.22.
Nomura Real Estate Holdings Inc is a real estate holding company. The Company operates in five business segments. The Housing segment is engaged in the development and allotment of condominiums, detached houses and residential properties, the development of housing for seniors, as well as the contracting of reform work business. The Urban Development segment is engaged in the development, leasing and sale of office buildings, logistics facilities and commercial facilities. The Asset Management segment provides asset management services for private placement funds, REITs and real estate securitized products. The Brokerage and CRE segment is engaged in the brokerage and consulting of real estate. The Operation Management segment is engaged in the management of office building and condominiums. The Company is also engaged in trading and leasing of land and buildings.
Nomura Real Estate Holdings, Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31,2017; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017