MCUBS MidCity Investment Corporation announced distribution of JPY 7,100 per unit for the six months ended June 30, 2016 against JPY 7,281 per unit for the six months ended December 31, 2015. The dividend is payable on September 16, 2016.

The company reported consolidated earnings results for the six months ended June 30, 2016. For the period, the company's total operating revenue was JPY 6,824,128,000, operating income was JPY 2,462,970,000, ordinary income was JPY 1,889,716,000, income before income taxes was JPY 1,889,716,000, net income was JPY 1,888,808,000 or JPY 7,100 per unit. Net cash provided by operating activities were JPY 3,853,632,000. Purchase of property, plant and equipment in trust was JPY 471,780,000.

The company provided earnings guidance for the fiscal half year ending December 31, 2016 and year ending June 30, 2017. For the December 31, 2016, the company expects operating revenue of JPY 6,974 million, operating income of JPY 2,479 million, ordinary income of JPY 1,916 million, net income of JPY 1,915 million and JPY 7,200 distribution per unit.

For the fiscal year ending June 30, 2017, the company expects operating revenue of JPY 6,922 million, operating income of JPY 2,487 million, ordinary income of JPY 1,943 million, net income of JPY 1,942 million and JPY 7,300 distribution per unit.