Tokyo Tatemono's Q1 profit surges on strong real estate sales

Tokyo Tatemono announced its consolidated financial results for the three months ended March 31, 2025, showcasing a 9.0% year-over-year increase in operating revenues to JPY126.665 billion. Operating profit jumped 23.7% to JPY23.706 billion, while profit attributable to owners of parent soared 23.0% to JPY14.347 billion. The Commercial Properties business saw operating revenue rise 21.5% to JPY37.482 billion, and the Residential business revenue edged up 3.2% to JPY71.460 billion. The company affirmed its full-year forecast, indicating confidence in continued performance and has not announced revisions to cash dividends forecasts. The company's basic earnings per share reached JPY68.77. Total assets stood at JPY2,156.616 billion, with net assets at JPY546.146 billion.