Starts Proceed Investment Corporation Provides Earnings Forecasts for the 36Th Fiscal Period from May 1, 2023 to October 31, 2023 and 37Th Fiscal Period from November 1, 2023, to April 30, 2023
June 14, 2023 at 04:30 am EDT
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Starts Proceed Investment Corporation provided earnings forecasts for the 36th fiscal period from May 1, 2023 to October 31, 2023 and 37th fiscal period from November 1, 2023, to April 30, 2023. For the 36th fiscal period, company expects operating revenue to be JPY 3,489 million, operating income to be JPY 1,470 million and net income to be JPY 1,194 million. net income per unit to be JPY 4,230.
For the 37th fiscal period, company expects operating revenue to be JPY 3,523 million, operating income to be JPY 1,476 million and net income to be JPY 1,200 million. net income per unit to be JPY 4,249.
Starts Proceed Investment Corp is a Japan-based real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Fund mainly invests in rental housing and monthly condominiums, serviced apartments, hotels and facilities for the elderly in metropolitan area, Osaka, Nagoya, Sendai, Fukuoka and other metropolitan areas. Its property portfolio includes Procade Ichikawa, Proseade Nishiarai, Procido Hirokyoji, Proseade Shinyokohama and among others. The asset manager of the Fund is Starts Asset Management Co., Ltd.
Starts Proceed Investment Corporation Provides Earnings Forecasts for the 36Th Fiscal Period from May 1, 2023 to October 31, 2023 and 37Th Fiscal Period from November 1, 2023, to April 30, 2023
STARTS PROCEED INVESTMENT CORPORATION 
