Hulic REIT, Inc. reported unaudited earnings results for the six months ended February 28, 2017. For the period, the company reported total operating revenues of JPY 6,685,656,000. Operating income was JPY 3,896,170,000. Ordinary income was JPY 3,453,430,000. Profit before income taxes was JPY 3,453,430,000. Profit was JPY 3,452,588,000. Net cash provided by operating activities was JPY 3,628,718,000. Purchase of property, plant and equipment was JPY 31,101,093,000. Basic earnings per unit were JPY 3,355 per unit. Return on equity was 2.7%.

For the period ending August 31, 2017, the company expects operating revenues to be JPY 7,025 million. Operating income is expected to be JPY 3,925 million. Ordinary income is expected to be JPY 3,450 million. Profit is expected to be JPY 3,449 million. Basic earnings per unit are expected to be JPY 3,300 per unit.

For the period ending February 28, 2018, the company expects operating revenues to be JPY 7,113 million. Operating income is expected to be JPY 3,982 million. Ordinary income is expected to be JPY 3,481 million. Profit is expected to be JPY 3,480 million. Basic earnings per unit are expected to be JPY 3,330 per unit.

For the period, the company reported distributions of JPY 3,304 per unit. Scheduled date to commence payment of distributions is May 15, 2017.