Comforia Residential Toshihojin

3282

Equity

ISIN JP3047540004 / Valor 20399953

Tokyo Stock Exchange (2024-12-25)

JPY 274,700.00+0.18%

Comforia Residential Toshihojin
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Comforia Residential REIT, Inc. (CRR), established on June 8, 2010, and listed on the J-REIT section of the Tokyo Stock Exchange on February 6, 2013, focuses on investing in residential properties primarily in the Tokyo metropolitan area. The company targets rental residences designed for singles and small families, leveraging the expertise and brand recognition of the "COMFORIA" series developed by Tokyu Land Corporation. CRR aims to achieve stable earnings and growth of its managed assets through medium and long-term strategies, with a strong emphasis on maximizing unitholder value. The asset management is handled by TLC REIT Management Inc., which aligns with CRR's objectives to ensure operational efficiency and growth.

Summarized from source with an LLMView SourceSector: Finance

Operating Revenues

Comforia Residential Toshihojin reported operating revenues of 10,664 million yen for the 27th period ending January 2024. This represents a slight decrease from the 26th period, which recorded 10,680 million yen. The primary source of revenue continues to be rent from real estate, which remained consistent at 10,664 million yen.

Operating Profit

For the 27th period ending January 2024, Comforia Residential Toshihojin achieved an operating profit of 4,915 million yen. This marks a modest increase from the 26th period's operating profit of 4,846 million yen, indicating improved efficiency in managing operating expenses, which decreased slightly to 5,748 million yen.

Net Profit

Comforia Residential Toshihojin's net profit for the 27th period ending January 2024 was 4,173 million yen. This is a slight increase from the 26th period's net profit of 4,138 million yen, reflecting the company's stable profitability and effective cost management strategies.

Distribution Per Unit

In the 27th period ending January 2024, Comforia Residential Toshihojin declared a distribution per unit of 5,650 yen. This is a small increase from the 26th period's distribution of 5,620 yen, demonstrating the company's commitment to providing consistent returns to its investors.

Occupancy Rate

Comforia Residential Toshihojin reported an occupancy rate of 97.1% at the end of the 27th period in January 2024. This is a slight improvement from the 26th period's occupancy rate of 97.0%, indicating strong demand and effective property management practices.

Summarized from source with an LLMView Source

Key figures

-11.7%1Y

-19.6%3Y

-19.7%5Y

Performance

17.4%1Y

17.9%3Y

26.1%5Y

Volatility