Investor Presentaiton
Financial Highlights for Aug. 2022 (14th) FP
Achieved growth in virtual distributions, retained a portion of the gain on sales as internal reserves,
and final DPU was 4 yen higher than forecast (to 3,300 yen).
Main factors in change of DPU (\/unit)
Increased
distribution factors
Decreased
Contributions to
distribution factors
internal reserves
Distributions from gain
on sales
Increase in utility expenses paid
-64
Aug. 2022 FP
Increase in PM fee
-21
Acquisition PMO Hamamatsucho II, PROUD FLAT Togoshi-Ginza,
PRIME URBAN Higashi Nakano Court
Disposition Ichibancho stear
Increase in taxes and public dues
-18
Increase in depreciation
-16
Decrease in interest
expenses, etc.
+4
Others
-10
Increase in asset
23 (Note 1)
3,300
3,296
3,244
management fees
-16
Others
-21
96
34
96
74
-129
74
97
-33
80
Increase in rent and
common area charges
+33
Office
+20
Response to
earthquake
damage
-10
Logistics
-19
Residential
+12
Impact of property acquisition
(Landport Ome and three other
+109
Retail
+13
properties)
3,210
Increase in utility expenses
received
Impact of property sale
-28
3,226
+44
(Ichibancho stear and two other
properties)
3,199
Increase in cancellation
penalty fee, etc.
+19
Impact of deterioration in
electricity expenses, etc.
-20
Feb. 2022 FP
DPU result
Rent revenues
(portfolio
properties)
Rental business
expenses
(portfolio properties)
Other
External growth
(Note 2)
Gain on
sales, etc.
Aug. 2022 FP
DPU result
Aug. 2022 FP
DPU forecasts
(Note 1) Contributions to internal reserves exclude a 63 yen per unit reversal of internal reserves for Feb. 2022 FP (loss on the sale of Sundai Azamino), and a 33 yen gain on receipt of donated air-conditioning systems for Landport Hachioji II.
(Note 2) Includes the impact of property acquisitions and sales during Feb. 2022 FP.
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