#JREIT

For the fiscal year ending February 2026, operating revenue was 32,063 million JPY (YoY -6.5%), net income attributable to owners of parent was 12,213 million JPY (YoY -18.7%), and distribution per unit was 3,458 JPY.

Operating revenue for the fiscal year ending February 2026 was 12,653 million yen (1.0% decrease YoY), net income attributable to owners of parent was 6,059 million yen (0.7% increase YoY), and distribution per unit was 4,050 yen. The number of issued investment units was 1,440,000 units, and the scheduled distribution payment date is May 15, 2026.

40th Term (FY February 2026) operating revenue of JPY 13,727 million (YoY +JPY 531 million), operating income of JPY 6,353 million (+JPY 502 million), net income of JPY 299 million (+JPY 299 million), distributions per unit of JPY 2,405 (forecast +JPY 34), total asset LTV at 51.3%

For the 43rd fiscal period (ending February 2026), operating revenue was JPY 10,822 million, net income attributable to owners of parent was JPY 4,005 million, and distribution per unit was JPY 4,151, representing a 3.8% increase compared to forecast.

Following the revision to no dividend for Sankei Real Estate Investment Corporation's February 2026 period distribution forecast, the tender offer period by Tiger Investment Business Limited Partnership and Lion Investment Business Limited Partnership was extended until April 28, 2026, with the tender offer price remaining unchanged at 125,000 yen.

The tender offer period was extended to April 28, 2026, totaling 76 business days. The dividend forecast for the fiscal year ending February 2026 was revised to zero dividend, with an impairment loss of 4,933 million yen expected to be recorded.

Operating revenue for the fiscal year ending February 2026 was 28,821 million yen (down 5.5% YoY), operating income was 16,482 million yen (down 6.6% YoY), net income was 14,896 million yen (down 7.3% YoY), and distribution per unit was 3,105 yen.

For the fiscal year ending February 2026, NOI reached 20.67 billion yen (initial forecast +1.2%), cruising DPU was 2,741 yen (initial forecast +3.3%), and DPU was 3,399 yen (initial forecast +9.6%).

Tender offer period extended until April 16, 2026, totaling 68 business days. Tender offer price remains unchanged at 125,000 yen. Significant dividend decline expected due to tenant relocation at Fukuoka Green Building.

The tender offer period for Sankei Real Estate Investment Corporation has been extended until April 16, 2026. A significant revenue and profit decline as well as a reduction in dividends are expected for the fiscal year ending February 2027 due to tenant relocation in the Fukuoka Green Building.

Japan Real Estate Investment Corporation has signed a committed term loan agreement of 6 billion yen on March 31, 2026, implementing J-REIT's first green finance for ZEB retrofit construction costs.

As of March 31, 2026, promoting asset replacement with property acquisitions totaling 92.3 billion yen and disposals totaling 35.1 billion yen, building a portfolio targeting DPU growth of 3% per annum plus alpha.