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Heiwa Real Estate Co Ltd (8803.T)

8803.T on Tokyo Stock Exchange

20 Nov 2017
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¥36 (+1.76%)
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Latest Key Developments (Source: Significant Developments)

HEIWA REAL ESTATE revises consolidated full-year outlook and raises year-end dividend forecast for FY 2016
Thursday, 28 Jan 2016 

HEIWA REAL ESTATE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 36,000 mln yen from 38,500 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 7,500 mln yen from 7,000 mln yen.Ordinary profit forecast increased to 6,000 mln yen from 5,000 mln yen.Net profit forecast increased to 3,500 mln yen from 2,700 mln yen.Earnings per share increased to 87.73 yen from 67.67 yen.Says revenue outlook lowered due to the decreased sales in core business.Says it raised the year-end dividend forecast to 15 yen per share from 11 yen per share for the fiscal year ending March 2016.  Full Article

BRIEF- R&I affirms Heiwa Real Estate's rating at "BBB" and announces stable outlook -R&I

* Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB" -R&I