Kenedix, Inc. reported consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported revenue of JPY 13,509 million compared to JPY 12,911 million a year ago. Operating income was JPY 6,836 million compared to JPY 6,364 million a year ago. Profit attributable to owners of parent was JPY 5,941 million or JPY 24.48 per diluted share compared to JPY 7,090 million or JPY 27.19 per diluted share a year ago. Profit before income taxes was JPY 7,556 million compared to JPY 10,921 million a year ago. Net cash from operating activities was JPY 7,955 million compared to net cash used in operating activities of JPY 11,432 million a year ago. Payment for purchase of property and equipment was JPY 29,450 million compared to JPY 14,059 million a year ago. Payment for purchase of intangible assets was JPY 17 million compared to JPY 26 million a year ago.

For the year ending Dec. 31, 2017, the company expects a dividend of JPY 6 per share compared to JPY 4 declared a year ago.

For the year ending Dec. 31, 2017, the company expects consolidated revenue of JPY 24,000 million, operating income of JPY 10,900 million, profit attributable to owners of parent of JPY 10,500,000 or JPY 42.02 per share.