Reported Earnings • Jun 03
First half 2026 earnings released: EPS: JP¥3,354 (vs JP¥3,396 in 1H 2025) First half 2026 results: EPS: JP¥3,354 (down from JP¥3,396 in 1H 2025). Revenue: JP¥12.5b (down 2.2% from 1H 2025). Net income: JP¥6.02b (down 5.0% from 1H 2025). Profit margin: 48% (down from 50% in 1H 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • May 28
First half dividend of JP¥4,040 announced Shareholders will receive a dividend of JP¥4,040. Ex-date: 28th August 2026 Payment date: 24th November 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.4%. Buy Or Sell Opportunity • May 15
Now 20% overvalued Over the last 90 days, the stock has fallen 2.8% to JP¥149,300. The fair value is estimated to be JP¥124,279, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 91% in 2 years. Earnings are forecast to grow by 89% in the next 2 years. Reported Earnings • Apr 23
First half 2026 earnings released: EPS: JP¥3,354 (vs JP¥3,396 in 1H 2025) First half 2026 results: EPS: JP¥3,354 (down from JP¥3,396 in 1H 2025). Revenue: JP¥12.5b (down 2.2% from 1H 2025). Net income: JP¥6.02b (down 5.0% from 1H 2025). Profit margin: 48% (down from 50% in 1H 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Feb 26
LaSalle LOGIPORT REIT (TSE:3466) announces an Equity Buyback for 84,000 shares, representing 4.8% for ¥11,800 million. LaSalle LOGIPORT REIT (TSE:3466) announces a share repurchase program. Under the program, the company will repurchase up to 84,000 units, representing 4.8% for ¥11,800 million. The purpose of the program is resolved to cancel its own investment units. The program is part of company's unitholder return and flexible capital policy pursuing optimal measures to enhance unitholder value and a capital strategy with careful consideration of capital cost and investment unit price. The program will run until February 28, 2027. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥3,552 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 27 May 2026. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (4.6%). Announcement • Jan 13
LaSalle LOGIPORT REIT to Report Q4, 2026 Results on Apr 21, 2026 LaSalle LOGIPORT REIT announced that they will report Q4, 2026 results on Apr 21, 2026 Declared Dividend • Dec 12
Final dividend of JP¥3,552 announced Shareholders will receive a dividend of JP¥3,552. Ex-date: 26th February 2026 Payment date: 27th May 2026 Dividend yield will be 4.8%, which is higher than the industry average of 4.4%. Announcement • Dec 11
LaSalle LOGIPORT REIT announces Semi-Annual dividend, payable on May 27, 2026 LaSalle LOGIPORT REIT announced Semi-Annual dividend of JPY 3300.0000 per share payable on May 27, 2026, ex-date on February 26, 2026 and record date on February 28, 2026. Reported Earnings • Oct 22
Full year 2025 earnings released: EPS: JP¥3,572 (vs JP¥6,931 in FY 2024) Full year 2025 results: EPS: JP¥3,572 (down from JP¥6,931 in FY 2024). Revenue: JP¥13.2b (down 49% from FY 2024). Net income: JP¥6.57b (down 49% from FY 2024). Profit margin: 50% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • Oct 21
LaSalle LOGIPORT REIT (TSE:3466) announces an Equity Buyback for 71,500 shares, representing 4% for ¥10,000 million. LaSalle LOGIPORT REIT (TSE:3466) announces a share repurchase program. Under the program, the company will repurchase up to 71,500 units, representing 4% for ¥10,000 million. The purpose of the program is resolved to cancel its own investment units. The method of the program is purchase of investment units on the Tokyo Stock Exchange based on a discretionary trading agreement with a securities company. The program will run until October 9, 2026. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥3,829 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 18 November 2025. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.7%). Announcement • Jul 17
LaSalle LOGIPORT REIT to Report Q2, 2026 Results on Oct 21, 2025 LaSalle LOGIPORT REIT announced that they will report Q2, 2026 results on Oct 21, 2025 Reported Earnings • May 31
First half 2025 earnings released: EPS: JP¥3,396 (vs JP¥3,555 in 1H 2024) First half 2025 results: EPS: JP¥3,396 (down from JP¥3,555 in 1H 2024). Revenue: JP¥12.8b (down 2.8% from 1H 2024). Net income: JP¥6.34b (down 4.6% from 1H 2024). Profit margin: 50% (in line with 1H 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Industrial REITs industry in Japan are expected to grow by 9.7%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • May 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • May 28
First half dividend of JP¥3,829 announced Shareholders will receive a dividend of JP¥3,829. Ex-date: 28th August 2025 Payment date: 18th November 2025 Dividend yield will be 5.8%, which is higher than the industry average of 4.4%. Announcement • Apr 23
LaSalle LOGIPORT REIT (TSE:3466) announces an Equity Buyback for 29,000 shares, representing 1.6% for ¥4,000 million. LaSalle LOGIPORT REIT (TSE:3466) announces a share repurchase program. Under the program, the company will repurchase up to 29,000 units, representing 1.60% of its outstanding units (excluding the number of own investment units), for ¥4,000 million. The program will run until October 14, 2025. As of April 21, 2025, the company has 1,810,620 shares issued and no shares in treasury. Reported Earnings • Apr 22
First half 2025 earnings released: EPS: JP¥3,395 (vs JP¥3,555 in 1H 2024) First half 2025 results: EPS: JP¥3,395 (down from JP¥3,555 in 1H 2024). Revenue: JP¥12.8b (down 2.8% from 1H 2024). Net income: JP¥6.34b (down 4.6% from 1H 2024). Profit margin: 50% (in line with 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥3,948 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 21 May 2025. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (5.0%). Announcement • Jan 09
LaSalle LOGIPORT REIT to Report Fiscal Year 2025 Results on Apr 15, 2025 LaSalle LOGIPORT REIT announced that they will report fiscal year 2025 results on Apr 15, 2025 Declared Dividend • Dec 28
Final dividend of JP¥3,948 announced Shareholders will receive a dividend of JP¥3,948. Ex-date: 27th February 2025 Payment date: 21st May 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.4%. Reported Earnings • Oct 17
Full year 2024 earnings released: EPS: JP¥6,932 (vs JP¥5,667 in FY 2023) Full year 2024 results: EPS: JP¥6,932 (up from JP¥5,667 in FY 2023). Revenue: JP¥25.9b (up 17% from FY 2023). Net income: JP¥12.9b (up 27% from FY 2023). Profit margin: 50% (up from 46% in FY 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Industrial REITs industry in Japan are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Sep 10
LaSalle LOGIPORT REIT to Report Q2, 2025 Results on Oct 15, 2024 LaSalle LOGIPORT REIT announced that they will report Q2, 2025 results on Oct 15, 2024 Buy Or Sell Opportunity • Aug 26
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to JP¥148,900. The fair value is estimated to be JP¥123,643, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 3.8%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 0.4% per annum over the same time period. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥3,581 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 18 November 2024. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (4.3%). Declared Dividend • Apr 20
First half dividend of JP¥3,581 announced Shareholders will receive a dividend of JP¥3,581. Ex-date: 29th August 2024 Payment date: 18th November 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.4%. New Risk • Apr 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Announcement • Apr 17
LaSalle LOGIPORT REIT (TSE:3466) announces an Equity Buyback for 43,000 shares, representing 2.3% for ¥6,000 million. LaSalle LOGIPORT REIT (TSE:3466) announces a share repurchase program. Under the program, the company will repurchase up to 43,000 units, representing 2.30% of its outstanding units (excluding the number of own investment units), for ¥6,000 million. The purpose of the program is to improve unitholder values by focusing on the long term stable growth in cash flows and asset values. The program will run until July 31, 2024. As of April 15, 2024, the company had 1,868,000 units outstanding and 0 unit in treasury. Reported Earnings • Apr 16
First half 2024 earnings released: EPS: JP¥3,555 (vs JP¥2,856 in 1H 2023) First half 2024 results: EPS: JP¥3,555 (up from JP¥2,856 in 1H 2023). Revenue: JP¥13.1b (up 20% from 1H 2023). Net income: JP¥6.64b (up 30% from 1H 2023). Profit margin: 51% (up from 46% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Industrial REITs industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Apr 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Upcoming Dividend • Feb 21
Upcoming dividend of JP¥3,750 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 22 May 2024. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (4.6%). Announcement • Dec 15
LaSalle LOGIPORT REIT Announces Board Changes LaSalle REIT Advisors K.K. to which LaSalle LOGIPORT REIT has entrusted the management of its assets, has received and accepted a resignation request from the current director Keith Takashi Fujii, and decided at a meeting of its board of directors held on December 15, 2023 to submit a proposal for the election of a new director to the extraordinary general meeting of shareholders. In a subsequently held extraordinary general meeting of shareholders on December 15, 2023, the proposal was approved. Keith Takashi Fujii resigned as Non-executive director as of December 31, 2023 and Kunihiko Okumura is appointed as Non-executive director as of January 1, 2024. Career summary of Kunihiko Okumura is October 1992: Japan International Development Organization K.K. August 1997: Pacific Century Property Management Limited. December 2003: Lehman Brothers Real Estate Co. Limited. December 2008: Westbrook Japan Co. Limited. December 2011: LaSalle Investment Management K.K. Managing Director, Head of Acquisitions Japan. January 2021: LaSalle Investment Management K.K. Co-CIO Asia Pacific (current). March 2023: LaSalle Investment Management K.K. President and CEO (current). January 2024: LaSalle REIT Advisors K.K. - Non-Executive Director (planned). Reported Earnings • Dec 05
Full year 2023 earnings released: EPS: JP¥5,621 (vs JP¥5,678 in FY 2022) Full year 2023 results: EPS: JP¥5,621. Revenue: JP¥22.4b (up 4.0% from FY 2022). Net income: JP¥10.2b (flat on FY 2022). Profit margin: 45% (down from 47% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Industrial REITs industry in Japan. Reported Earnings • Oct 18
Full year 2023 earnings released Full year 2023 results: Revenue: JP¥22.2b (up 2.9% from FY 2022). Net income: JP¥10.2b (flat on FY 2022). Profit margin: 46% (down from 47% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Industrial REITs industry in Japan. Announcement • Oct 18
LaSalle LOGIPORT REIT, Annual General Meeting, Nov 22, 2023 LaSalle LOGIPORT REIT, Annual General Meeting, Nov 22, 2023, at 10:00 Tokyo Standard Time. Location: 1-7-12, Marunouchi, Chiyoda-ku, Tokyo Sapia Tower 5th floor, Station Conference Tokyo Meeting Room 501 Tokyo Japan Agenda: To consider Partial amendment to the Articles of Incorporation; to consider Appointment of one Executive Director; to consider Appointment of one Substitute Executive Director; to consider Appointment of three Supervisory Directors; and to consider other business matters. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,080 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 17 November 2023. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (3.7%). New Risk • Jul 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.0% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Reported Earnings • Apr 19
First half 2023 earnings released: EPS: JP¥2,856 (vs JP¥2,899 in 1H 2022) First half 2023 results: EPS: JP¥2,856 (down from JP¥2,899 in 1H 2022). Revenue: JP¥11.0b (up 3.7% from 1H 2022). Net income: JP¥5.10b (down 1.5% from 1H 2022). Profit margin: 46% (down from 49% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Board Change • Mar 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Supervisory Director Rie Takenaga was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥3,080 per share at 4.0% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 23 May 2023. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.0%). Reported Earnings • Dec 04
Full year 2022 earnings released: EPS: JP¥5,678 (vs JP¥6,083 in FY 2021) Full year 2022 results: EPS: JP¥5,678 (down from JP¥6,083 in FY 2021). Revenue: JP¥21.6b (flat on FY 2021). Net income: JP¥10.1b (down 4.1% from FY 2021). Profit margin: 47% (down from 49% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Supervisory Director Rie Takenaga was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥187,972, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Reported Earnings • Oct 17
Full year 2022 earnings released: EPS: JP¥5,738 (vs JP¥6,083 in FY 2021) Full year 2022 results: EPS: JP¥5,738 (down from JP¥6,083 in FY 2021). Revenue: JP¥21.4b (flat on FY 2021). Net income: JP¥10.2b (down 3.1% from FY 2021). Profit margin: 48% (down from 49% in FY 2021). Net asset value (NAV) per share: JP¥119,806 (flat on FY 2021). The current share price is 29% higher than NAV per share. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,058 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 18 November 2022. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.6%). Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Supervisory Director Rie Takenaga was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
First half 2022 earnings released: EPS: JP¥2,899 (vs JP¥2,853 in 1H 2021) First half 2022 results: EPS: JP¥2,899 (up from JP¥2,853 in 1H 2021). Revenue: JP¥10.6b (up 11% from 1H 2021). Net income: JP¥5.17b (up 11% from 1H 2021). Profit margin: 49% (in line with 1H 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Apr 15
LaSalle LOGIPORT REIT Announces Earnings Guidance for the Fiscal Periods Ending August 31, 2022 and February 28, 2023 LaSalle LOGIPORT REIT announced earnings guidance for the fiscal periods ending August 31, 2022 and February 28, 2023. For the period ending August 31, 2022, the company expected Operating revenue to be JPY 10,694 Million; operating income to be JPY 5,627 Million; Net income to be JPY 5,030 Million and Distributions per unit to be JPY 3,058 million. For the period ending February 28, 2023, the company expected Operating revenue to be JPY 10,748 Million; Operating income to be JPY 5,579 Million; Net income to be JPY 4,982 Million and Distributions per unit to be JPY 3,064 million. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥3,090 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 23 May 2022. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.8%). Announcement • Jan 28
LaSalle LOGIPORT REIT to Report Fiscal Year 2022 Results on Apr 15, 2022 LaSalle LOGIPORT REIT announced that they will report fiscal year 2022 results on Apr 15, 2022 Reported Earnings • Oct 17
Full year 2021 earnings released: EPS JP¥5,900 (vs JP¥5,375 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥20.2b (up 36% from FY 2020). Net income: JP¥9.95b (up 36% from FY 2020). Profit margin: 49% (in line with FY 2020). Net asset value (NAV) per share: JP¥120,398 (flat on FY 2020). The current share price is 61% higher than NAV per share. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Price Target Changed • Sep 28
Price target increased to JP¥197,500 Up from JP¥178,333, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥195,200. Stock is up 11% over the past year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,142 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 18 November 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (3.4%). Price Target Changed • Jun 17
Price target decreased to JP¥172,500 Down from JP¥199,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥180,000. Stock is up 9.7% over the past year. Announcement • May 22
LaSalle LOGIPORT REIT has completed a Follow-on Equity Offering in the amount of ¥23.478 billion. LaSalle LOGIPORT REIT has completed a Follow-on Equity Offering in the amount of ¥23.478 billion.
Security Name: Investment Units
Security Type: Common Stock
Securities Offered: 140,000
Price\Range: ¥167700
Discount Per Security: ¥5866
Security Features: Income Trust
Transaction Features: Rule 144A Reported Earnings • Apr 17
First half 2021 earnings released: EPS JP¥2,853 (vs JP¥3,531 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: JP¥9.50b (up 8.5% from 1H 2020). Net income: JP¥4.67b (down 1.9% from 1H 2020). Profit margin: 49% (down from 54% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Apr 16
LaSalle LOGIPORT REIT Provides Earnings Guidance for the Year ending February 28, 2022 LaSalle LOGIPORT REIT provided earnings guidance for the year ending February 28, 2022. For the year, the company expects operating revenues of JPY 10,538 million as compared to JPY 9,491 million as previously reported, operating income of JPY 5,681 million, net income of JPY 5,077 million. Announcement • Apr 15
LaSalle LOGIPORT REIT Raises Earnings Guidance for the first half ending August 31, 2021 LaSalle LOGIPORT REIT raised earnings guidance for the first half ending August 31, 2021. For the first half, the company now expects operating revenues of JPY 10,718 million as compared to JPY 9,491 million as previously reported. operating income of JPY 5,893 million as compared to JPY 4,979 million as previously reported. Net income of JPY 5,194 million as compared to JPY 4,445 million as previously reported. Is New 90 Day High Low • Mar 09
New 90-day low: JP¥148,400 The company is down 6.0% from its price of JP¥157,400 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 12% over the same period. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥3,000 Per Share Will be paid on the 22nd of May to those who are registered shareholders by the 25th of February. The trailing yield of 3.6% is in the top quartile of Japanese dividend payers (2.8%), and it is in line with industry peers (3.8%). Announcement • Jan 29
LaSalle LOGIPORT REIT to Report Fiscal Year 2021 Results on Apr 15, 2021 LaSalle LOGIPORT REIT announced that they will report fiscal year 2021 results on Apr 15, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: JP¥171,000 The company is up 1.0% from its price of JP¥169,700 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the REITs industry, which is also up 1.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day low: JP¥153,200 The company is down 14% from its price of JP¥178,800 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 2.0% over the same period. Price Target Changed • Dec 01
Price target raised to JP¥196,333 Up from JP¥182,667, the current price target is provided by 1 analyst. The new target price is 28% above the current share price of JP¥153,200. As of last close, the stock is down 7.2% over the past year. Announcement • Sep 26
LaSalle LOGIPORT REIT has completed a Follow-on Equity Offering in the amount of ¥46.272413 billion. LaSalle LOGIPORT REIT has completed a Follow-on Equity Offering in the amount of ¥46.272413 billion.
Security Name: Investment Units
Security Type: Common Stock
Securities Offered: 261,904
Price\Range: ¥176677
Discount Per Security: ¥5962
Security Features: Income Trust
Transaction Features: Rule 144A Announcement • Aug 09
LaSalle LOGIPORT REIT to Report Fiscal Year 2020 Results on Oct 15, 2020 LaSalle LOGIPORT REIT announced that they will report fiscal year 2020 results on Oct 15, 2020 