KK Seibu Holdings

Latest Results (22.12.2024):

Revenue Forecast

KK Seibu Holdings has revised its consolidated earnings forecast for the fiscal year ending March 2025, significantly increasing its operating revenue projection from 494,000 million yen to 898,000 million yen. This substantial revision is primarily attributed to the liquidation of Tokyo Garden Terrace Kioicho, which is expected to boost revenue figures beyond previous estimates.

Profit Expectations

The company has also adjusted its profit expectations, with the revised forecast for operating profit now standing at 289,000 million yen, up from the previously announced 45,000 million yen. This increase reflects a notable improvement in profitability, driven by higher-than-anticipated revenue and strategic financial management.

Segment Performance

In the Real Estate segment, KK Seibu Holdings anticipates a remarkable increase in operating revenue, operating profit, and EBITDA due to the liquidation of Tokyo Garden Terrace Kioicho. However, in the Hotel and Leisure segment, while revenue is expected to exceed previous forecasts, operating profit and EBITDA may fall short due to repair expenses aimed at maintaining building functionality.

Dividend Forecast

KK Seibu Holdings has revised its dividend forecast for the fiscal year ending March 2025, increasing the expected fiscal year-end dividend per share from 15.00 yen to 25.00 yen. This adjustment reflects the company's commitment to enhancing shareholder returns in line with its long-term growth strategy.

Outlook and Strategy

The revised earnings forecast is based on current business performance trends and strategic initiatives, including the liquidation of Tokyo Garden Terrace Kioicho. KK Seibu Holdings remains focused on growth investments to enhance enterprise value while ensuring stable and increasing shareholder returns, as outlined in its Long-Term Strategy 2035.