NIPPON REIT Investment Corporation

2026/08/21 Updated
Market Cap: $948.7M (¥150.8B)
Stock Price: $518.30 (¥82,400)
Exchange Rate: 1 USD = ¥158.98

Fiscal Year Ending June 2026 Financial Summary

For the fiscal year ending June 2026, operating revenue was 10,190 million yen, net income attributable to owners of the parent was 5,090 million yen. The distribution per unit is 2,516 yen, total distributions amount to 4,605 million yen. For the fiscal year ending December 2026 and June 2027, outlooks are operating revenue of 9,600 million yen and 9,377 million yen, with a distribution per unit of 2,300 yen. Assets are primarily entrusted real estate focused, with occupancy rate of 98.7% and LTV of 48.1%. Multiple asset acquisitions, borrowings, and credit ratings actions have been undertaken. An earnings briefing is scheduled.

Importance:
Page Updated: August 20, 2026
IR Disclosure Date: August 20, 2026

Key Figures

  • 10,190百万円: 営業収益
  • 5,090百万円: 当期純利益
  • 2,516円: 1口当たり分配金
  • 4,605百万円: 分配金総額

AI要約

Operational highlights

This period recorded operating revenue of 10,190 million yen, operating income of 6,032 million yen, ordinary income of 5,091 million yen, and net income of 5,090 million yen. Distributions per unit amounted to 2,516 yen, total distributions 4,605 million yen. The portfolio is a mix of office and residential-focused REIT assets, maintaining a high occupancy rate of 98.7%. Outlook for the fiscal years ending December 2026 and June 2027 assumes stable rental income with some new acquisitions; however, results may vary with interest rates and market conditions. The financial summary provides detailed information on future fund-raising, external growth strategy, and financial strategy.

Guidance and investor impact

External growth plans include expanding a comprehensive office-residential portfolio centered in the Tokyo metropolitan area, leveraging sponsor networks to maximize property acquisition opportunities, and considering temporary holding and healing functions using SBI Group's warehousing capabilities. On the financial side, the target range for LTV is 45–55%. The distribution policy is linked to profits, and distributions may vary depending on future investments, rent trends, and maintenance costs.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

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