Nippon Building Fund Inc.
Nippon Building Fund Inc. Financial Summary for the Fiscal Year Ending December 2025 (49th Period)
For the fiscal year ending December 2025, operating revenue was JPY 48,547 million, operating income was JPY 21,217 million, and net income attributable to owners of parent was JPY 19,299 million. The number of issued investment units at the end of the period was 8,650,000 units, with a distribution per unit of JPY 2,454.
Key Figures
- Operating Revenue: 48,547 million yen (Year-over-Year -5.2%)
- Operating Income: 21,217 million yen (Year-over-Year -15.4%)
- Net Income Attributable to Owners of Parent: 19,299 million yen (Year-over-Year -18.0%)
AI要約
Overview of Financial Results
In the fiscal year ending December 2025 (49th period), operating revenue was JPY 48,547 million (down 5.2% YoY), operating income was JPY 21,217 million (down 15.4% YoY), and net income attributable to owners of parent was JPY 19,299 million (down 18.0% YoY). The decrease in operating revenue was mainly due to the absence of gains on sales of real estate. Real estate rental income increased by 4.7% to JPY 44,809 million. The number of issued investment units at the end of the period was 8,650,000 units, with a distribution per unit of JPY 2,454. Total assets were JPY 1,448,831 million, up 4.0% YoY, while total liabilities increased 5.9% YoY to JPY 719,649 million.
Earnings Guidance and Growth Outlook
For the fiscal year ending June 2026 (50th period) and the fiscal year ending December 2026 (51st period), operating revenue is forecasted at JPY 53,924 million (up 11.1% YoY) for the 50th period and JPY 50,639 million (down 6.1% YoY) for the 51st period. Operating income is expected to be JPY 26,476 million (up 24.8% YoY) for the 50th period and JPY 22,718 million (down 14.2% YoY) for the 51st period. Net income attributable to owners of parent is projected at JPY 24,064 million (up 24.7% YoY) for the 50th period and JPY 19,963 million (down 17.0% YoY) for the 51st period. Occupancy rates remain in the 98% range, supported by increased real estate rental income and rent revisions.
