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Area Link---Monthly Performance for October 2024
AreaLink<8914> announced its monthly performance for October 2024 on the 7th. The operating status of Hello Storage shows a total number of rooms of 108,675, operating rooms of 93,895, occupancy rate of 86.40%, existing occupancy rate of 91.33%, and new occupancy rate of 52.85%. The existing occupancy rate continues to be maintained above 91%. The number of new store openings is increasing, while still maintaining high occupancy. The cumulative number of store openings until October 2024 is on track to reach the target of 10,400 rooms for 2024.
AreaLink---In the third quarter, double-digit revenue growth and increased net profit were announced, with an increase in year-end dividend payments.
AreaLink <8914> announced its financial results for the third quarter of the fiscal year ending December 2024 (January to September 24). Revenue increased by 12.9% year-on-year to 19.296 billion yen, operating profit increased by 12.7% to 3.781 billion yen, ordinary profit increased by 7.3% to 3.574 billion yen, and net profit for the quarter increased by 6.7% to 2.494 billion yen. The revenue from the storage business increased by 12.3% year-on-year to 14.668 billion yen, and the operating profit increased by 15.8% to 3.976 billion yen.
Arealink: Summary of financial results for the 3rd quarter of the fiscal year ending 2024/12 [Japanese GAAP] (unconsolidated)
Arealink: Notice regarding changes in dividend policy and revisions to year-end dividend forecasts (dividends increase)
Arealink: Financial results presentation materials for the 3rd quarter of the fiscal year ending 2024/12
Arealink Sees Parent FY Net Y3.08B
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