Japan Metropolitan Fund Investment Corporation Financial Summary for Fiscal Period Ending August 2026

Performance Overview

For the fiscal period ending August 2026, operating revenue amounted to 51,508 million yen, ordinary income was 22,675 million yen, and net income attributable to owners of parent was 22,675 million yen. Distribution was decided at 3,012 yen per unit. The portfolio consists of 157 properties (acquisition cost 1,319.0 hundred million yen, appraisal value 1,598.4 hundred million yen) and maintained a high occupancy rate of 99.4%. Unrealized gains/losses amounted to 323.8 hundred million yen (up 27.1 hundred million yen from the prior period). Forecast distribution per unit is 3,000 yen for the February term and 3,050 yen for the August term, and net asset value per unit (NAV) rose to 132,900 yen.

Capital Structure and Financial Condition

Interest-bearing debt totaled 632.0 hundred million yen, with long-term borrowings of approximately 596.7 hundred million yen and investment corporation bonds of 34.0 hundred million yen. Long-term debt ratio stood at 99.8%, fixed-rate ratio at 91.1%, LTV at 37.3%, and interest-bearing debt to total assets ratio at 46.2%, maintaining a stable capital structure. Interest rate risk is managed using derivatives hedging while working to secure free cash flow.