Frontier Real Estate Investment Corp. provided earning guidance for the first half, ending June 30, 2021 and for the second half, ending December 31, 2021. For the first half, the company expects operating revenues of JPY 10,664 million, operating income of JPY 5,645 million, ordinary income of JPY 5,387 million and net income of JPY 5,386 million. For the second half, the company expects operating revenues of JPY 10,794 million, operating income of JPY 5,655 million, ordinary income of JPY 5,389 million and net income of JPY 5,388 million.