MORI TRUST REIT, Inc. Financial Summary for Fiscal Period Ending August 2026

Performance Overview

For the fiscal period ending August 2026, the REIT recorded operating revenue of 11,830 million yen, operating income of 7,558 million yen, ordinary income of 6,591 million yen, and net income attributable to owners of parent of 6,580 million yen. Distribution per unit was 1,850 yen, and total distributions amounted to approx. 6,590 million yen. Financially, interest-bearing debt totaled 220,000 million yen, equity ratio was approx. 49.8%, and the JCR long-term issuer rating was AA with a Stable outlook. For the next periods, the February and August forecasts anticipate operating revenues of 11,743-11,901 million yen and distributions per unit of 1,800-1,810 yen.

Capital Policy, Financing, and ESG

In the current period, the REIT repaid and refinanced maturing borrowings, resulting in an outstanding balance of interest-bearing debt of approx. 22,000 million yen, and obtained a green loan utilizing GFS (Green Finance Scheme). The REIT continued ESG disclosures, achieving GRESB Green Star for 10 consecutive years and an overall GRESB rating of "A" for 7 consecutive years. As a mid- to long-term management policy, the REIT will maintain the ratio of fixed rents and continue to implement contract structures to secure stable income even in an inflationary environment.