Hulic Reit, Inc. announced earnings results for the full year ended August 31, 2018. For the period, the company reported operating revenues of JPY 8,101 million against JPY 8,183 million a year ago. Operating profit was JPY 4,576 million against JPY 4,733 million a year ago. Ordinary profit was JPY 4,044 million against JPY 4,215 million a year ago. Profit was JPY 4,043 million or JPY 3,643 per basic share against JPY 4,214 million or JPY 3,873 per basic share a year ago. Return on equity was 2.8% against 3.0% a year ago. Profit before income taxes was JPY 4,044,648,000 against JPY 4,215,944,000 a year ago. Net cash provided by operating activities was JPY 8,902,764,000 against JPY 13,798,571,000 a year ago. Purchase of property, plant and equipment in trust was JPY 19,142,774,000 against JPY 15,660,230,000 a year ago.

The company declared a year end dividend of JPY 3,643 per share for the full year ended August 31, 2018. The company will commence the payment of this dividend from November 15, 2018.

The company provided dividend guidance for the first half and for the full year of fiscal 2019. The company planned to pay an interim dividend of JPY 3,450 per share and a final dividend of JPY 3,350 per share.

The company provided earnings guidance for the first half and for the full year of fiscal 2019. For the first half ending February 28, 2019, the company expects to report operating revenues of JPY 8,840 million, operating profit of JPY 4,926 million, ordinary profit of JPY 4,317 million and profit JPY 4,316 million.

For the full year ending August 31, 2019, the company expects to report operating revenues of JPY 8,872 million, operating profit of JPY 4,800 million, ordinary profit of JPY 4,192 million and profit JPY 4,191 million.