HEIWA REAL ESTATE CO.,LTD. [8803.T]
TOKYO, Apr 30 (Pulse News Wire) – Heiwa Real Estate CO.,LTD. (8803.T) reported strong operating profit of ¥15.109 billion for the fiscal year ending March 2026, up 14.4% from the previous year.
Revenue reached ¥49 billion, marking a significant increase driven by higher rental income and increased property sales revenue. Net profit attributable to shareholders surged to ¥165.63 per share, reflecting gains from reduced policy-held securities and asset management activities. In addition, HEIWA REAL ESTATE plans to continue its capital reduction strategy, having sold five equity holdings worth approximately ¥3.300 billion during the fiscal year.
The company also executed a stock buyback program amounting to about ¥1 billion and canceled 67.00 billion shares. Looking ahead, HEIWA REAL ESTATE forecasts continued growth, targeting a dividend payout ratio of 50% percent. The company expects to distribute ¥98 per share for the fiscal year ending March 2026, representing a 2.2% increase from the previous year.
For the next fiscal year, the dividend is projected at ¥10.30 billion, marking a 4.8% rise compared to the current year's projection.
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