Nippon Prologis REIT, Inc.
Financial Summary for the Fiscal Year Ending November 2025 (REIT)
Operating revenue for the fiscal year ending November 2025 was 35.08 billion yen (1.5% YoY increase), net income attributable to owners of parent was 15.354 billion yen (0.5% YoY decrease), and dividend per unit was 1,830 yen. Operating forecasts for the fiscal periods ending May and November 2026 are also disclosed.
Key Figures
- Operating Revenue: 35,080 million yen (Fiscal Year Ending November 2025)
- Net Income Attributable to Owners of Parent: 15,354 million yen (Fiscal Year Ending November 2025)
- Dividend per Unit (excluding Excess Profits Distribution): 1,830 yen (Fiscal Year Ending November 2025)
AI要約
Summary of Performance
For the fiscal year ending November 2025, Japan Prologis REIT, Inc. recorded operating revenue of 35.08 billion yen, a 1.5% increase year-over-year. However, operating income, ordinary income, and net income attributable to owners of parent each saw slight year-over-year decreases. Dividend per unit was 1,830 yen, representing a 3.1% increase. Total assets stood at approximately 899.9 billion yen, net assets at about 498.3 billion yen, and LTV remained stable at 40.3%. Demand in the logistics real estate market remains strong, with asset occupancy rates steady at 98.2%.
Outlook and Management Policy
Operating revenue for the fiscal periods ending May and November 2026 are projected at 33.812 billion yen and 34.59 billion yen respectively, with net income attributable to owners of parent forecasted at 14.324 billion yen and 14.492 billion yen respectively. Dividends per unit are planned at 1,920 yen (May period) and 1,934 yen (November period), including excess profit distributions, aiming to maintain stable payouts. Internal growth strategies focus on maintaining high occupancy rates and improving rent revision rates, while external growth strategies include acquiring new properties through collaboration with the Prologis Group. The financial strategy emphasizes stable funding primarily via long-term fixed-rate borrowing, and initiatives to promote ESG are being advanced.
