#REIT

Operating revenue for the fiscal year ending May 2026 is revised to JPY 176.89 billion (11.1% YoY increase), operating income to JPY 9.657 billion (18.5% YoY increase), net income attributable to owners of parent to JPY 8.369 billion (21.3% YoY increase), and dividend per unit to JPY 3,169 (5.6% increase).

For the fiscal year ending November 2025, operating revenue was JPY 16,538 million (4.1% YoY increase), net income attributable to owners of parent was JPY 7,394 million (6.9% YoY increase), and dividend per unit was JPY 3,113. For the fiscal year ending May 2026, operating revenue is expected to be JPY 17,689 million and dividend per unit JPY 3,169.

Sumisho Realty Management Co., Ltd. adopted a compliance declaration as of January 15, 2026, reaffirming its commitment to strengthening legal compliance systems and ensuring fair business operations.

Sumisho Realty Management Co., Ltd. announced that it submitted a business improvement report dated January 16, 2026, based on an administrative business improvement order from the Financial Services Agency, and will proceed with strengthening compliance and reviewing its internal control system.

Borrowed 1,000 million yen from Sumitomo Mitsui Banking Corporation at the base interest rate plus 0.15% as funds to repay a long-term loan of 1,000 million yen due on January 19, 2026.

Tosei Asset Advisors Co., Ltd., the asset management company of Tosei REIT Investment Corporation, has decided to change the positions of two directors effective February 1, 2026.

As of February 1, 2026, the asset management company will establish a newly created Business Risk Management Office, appoint two new directors, accept resignations of three directors, and replace the Head of Listed REIT Business Department.

Hulic REIT, Inc. plans to acquire the paid nursing home 'Hospitalment Hongo' located in Bunkyo-ku, Tokyo for 2,884 million yen. The acquisition date is scheduled for January 16, 2026.

As of January 14, 2026, borrowing conditions were determined for JPY 8.0 billion from Mizuho Bank (fixed interest rate 1.81684%) and JPY 3.0 billion from Norinchukin Bank (fixed interest rate 1.93260%).

Japan REIT Investment Corporation announced on January 14, 2026, that it has completed the acquisition of domestic real estate trust beneficiary rights for FORECAST Yokkaichi (acquisition price 3,531,500 thousand yen) and innoba Ota (acquisition price 3,158,000 thousand yen).

Hulic Reit, Inc. will execute a short-term borrowing of 2.88 billion yen on January 16, 2026, to partially fund the acquisition of scheduled assets.

MIRARTH REIT Investment Corporation plans to acquire the TOSEI HOTEL & SEMINAR Makuhari located in Narashino City, Chiba Prefecture, for 4,725 million yen. The acquisition date is set for January 30, 2026, and revenue improvement is expected through a variable rent contract.