Sumitomo Realty & Development Co., Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported operating revenue of JPY 925,151 million as compared to JPY 854,964 million a year ago. Operating income was JPY 188,171 million as compared to JPY 174,240 million a year ago. Ordinary profit was JPY 167,697 million as compared to JPY 148,424 million a year ago. Profit attributable to owners of parent was JPY 103,488 million as compared to JPY 87,797 million a year ago. Earnings per share were JPY 218.34 as compared to JPY 185.23 a year ago. Return on average equity 10.9% against 10.2% a year ago.

The company provided earnings results guidance for the full year ending March 31, 2017. For the year, the company expects operating revenue of JPY 950,000 million, operating income of JPY 200,000 million, ordinary profit of JPY 180,000 million and profit attributable to owners of parent of JPY 115,000 million.

For the full year ending March 31, 2017, the company expects to pay dividend of JPY 13.00 per share against JPY 11.00 per share a year ago.

For the six months fiscal 2017, the company expects to pay dividend of JPY 13.00 per share against JPY 11.00 per share a year ago.

For the full year ending March 31, 2018, the company expects to pay dividend of JPY 13.00 per share against JPY 13.00 per share a year ago.