Investor Presentaiton
Continuous Steady External Growth aiming at more growth
We will continuously aim for new mid-term goal "¥500 bn".
16
properties
158.3 bn yen
17
properties
158.9 bn yen
17
properties
158.9
bn yen
23
properties
194.3 bn yen
23
properties
194.3 bn yen
40 properties
355.1 bn yen
36 properties
330.6 bn yen
+245
28
properties
249.2 bn yen
31
properties
268.5 bn yen
+621
/EON
イオンリート
Mid-term
500.0 bn yen
External Growth
Investments in
Revitalization
Sustainable
Growth Cycle
Generation of
Cash Flow
Improvement
of Profitability
Portion of top 10
properties
Number of
prefectures
January 31,
2014
(2nd fiscal
period)
July 31,
2014
(3rd fiscal
period)
January 31,
January 31,
July 31, 2015
2015
(4th fiscal
period)
(5th fiscal
period)
2016
(6th fiscal
period)
July 31,
2016
(7th fiscal
period)
January 31,
2017
(8th fiscal
period)
July 31,
2017
(9th fiscal
period)
After
acquisition of
new 4
properties
aiming at more growth
79%
78%
78%
71%
71%
61%
57%
49%
46%
-Further Property Diversification
14
14
14
17
17
20
21
24
24
ΝΟΙ
2.4bn yen 5.4bn yen 5.5bn yen 6.6bn yen 6.8bn yen 7.8bn yen
8.7bn yen 10.4bn yen 11.2bn yen
Effective Use of Cash
Generated from Our Portfolio
Depreciation
1.1bn yen 2.2bn yen 2.2bn yen 2.6bn yen 2.6bn yen 3.1bn yen
3.3bn yen 4.1bn yen 4.4bn yen
2nd Fiscal
Period
3rd Fiscal
Period
4th Fiscal
Period
5th Fiscal
Period
6th Fiscal
Period
7th Fiscal
Period
8th Fiscal
Period
9th Fiscal
Period
10th Fiscal
Period
(Forecast)
11th Fiscal
Period
1口当たり
分配金
¥686
¥2,461
¥2,473
¥2,724
¥2,790
¥1,450
¥3,019
¥2,926
¥3,000
¥2,855
Impact of property
tax and city planning
tax in 11th period
Approx.
¥244/unit
Forecast at the
¥2,875
¥2,990
stabilized
distribution
1口当たり
NAV(注)
previous
announcement
¥110,456 ¥112,635 ¥115,939 ¥122,057 ¥126,169 ¥123,547 ¥127,912 ¥127,358
(Note) NAV (Net asset value) per unit = (Total unitholders' capital at end of period + Unrealized profit or loss of the whole portfolio at end of period) / Number of total investment units issued at end of period.
For the 7th and 8th fiscal period, market valuation of AEON MALL Kumamoto is excluded from the calculation.
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