Tokyo Tatemono revises full-year forecasts, boosts dividends

Tokyo Tatemono Co., Ltd. announced a revision to its full-year consolidated financial results and dividend forecasts for the fiscal year ending December 31, 2025. The revised forecast for operating revenue is JPY 470,000m (previously JPY 503,000m), while operating profit, business profit, ordinary profit, and profit attributable to owners of parent are all projected to increase. For example, operating profit is now JPY 92,500m (up from JPY 86,000m). This adjustment reflects strategic property sales policy revisions, balancing steady growth in leasing revenue with increased gains from property sales.

In line with the improved performance outlook, the company has increased its annual dividend forecast for 2025. The revised year-end dividend is JPY 55 per share, resulting in a total annual dividend of JPY 103 per share (previously JPY 97 per share), targeting a payout ratio of 36.9%. The company also announced the cancellation of 1,189,100 common shares on November 28, 2025, representing 0.57% of total issued shares before cancellation, reducing the total issued shares to 207,978,574.

The Q3 2025 consolidated results show a decrease in operating revenue to JPY 298,833m (down 17.0% from Q3 2024), with a corresponding decline in operating profit and profit attributable to owners of parent. However, the upward revision of the full-year forecast indicates a stronger expected performance in the fourth quarter.