Starts Proceed Investment Corporation Provides Earnings Forecasts for the 35Th Fiscal Period from November 1, 2022, to April 30, 2023 and 36Th Fiscal Period May 1, 2023, to October 31, 2023
December 20, 2022 at 10:00 am IST
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Starts Proceed Investment Corporation provided earnings forecasts for the 35th fiscal period from November 1, 2022, to April 30, 2023 and 36th fiscal period from May 1, 2023, to October 31, 2023. For the 35th fiscal period, company expects operating revenue to be JPY 3,662 million, operating income to be JPY 1,665 million and net income to be JPY 1,390 million. net income per unit to be JPY 4,922.
For the 36th fiscal period, company expects operating revenue to be JPY 3,465 million, operating income to be JPY 1,473 million and net income to be JPY 1,195 million. net income per unit to be JPY 4,131.
Starts Proceed Investment Corp is a Japan-based real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Fund mainly invests in rental housing and monthly condominiums, serviced apartments, hotels and facilities for the elderly in metropolitan area, Osaka, Nagoya, Sendai, Fukuoka and other metropolitan areas. Its property portfolio includes Procade Ichikawa, Proseade Nishiarai, Procido Hirokyoji, Proseade Shinyokohama and among others. The asset manager of the Fund is Starts Asset Management Co., Ltd.
Starts Proceed Investment Corporation Provides Earnings Forecasts for the 35Th Fiscal Period from November 1, 2022, to April 30, 2023 and 36Th Fiscal Period May 1, 2023, to October 31, 2023
STARTS PROCEED INVESTMENT CORPORATION 
