CRE Logistics REIT, Inc.
Financial Summary for the Fiscal Year Ending December 2025 (REIT)
Operating revenue for the fiscal year ending December 2025 was JPY 4,762 million (1.2% Year-over-Year increase), net income attributable to owners of parent was JPY 2,229 million (0.8% YoY increase), and distribution per unit was JPY 3,883. A share buyback is scheduled to commence in February 2026.
Key Figures
- Operating Revenue: JPY 4,762 million (1.2% Year-over-Year increase)
- Net Income Attributable to Owners of Parent: JPY 2,229 million (0.8% Year-over-Year increase)
- Distribution per Unit (Including Excess Profit Distribution): JPY 3,883
- Total Number of Outstanding Investment Units: 613,389 units (Decrease Year-over-Year)
- LTV: 44.6% (Almost flat Year-over-Year)
- Planned Share Buyback: 3,900 units, JPY 500 million (2026-02-18 to 2026-05-29)
AI要約
Performance Overview
For the fiscal year ending December 2025, operating revenue was JPY 4,762 million (1.2% Year-over-Year increase), operating income was JPY 2,645 million (2.2% YoY increase), ordinary income was JPY 2,230 million (0.8% YoY increase), and net income attributable to owners of parent was JPY 2,229 million (0.8% YoY increase). Distribution per unit was JPY 3,883, including an excess profit distribution of JPY 248. The portfolio consists of 20 properties with a total acquisition cost of JPY 157,425 million, maintaining a high occupancy rate of 99.9%. The LTV stands at 44.6%, reflecting a sound financial foundation.
Capital Policy and Future Outlook
At the board meeting held on February 17, 2026, a resolution was made to execute a share buyback with an upper limit of 3,900 units and JPY 500 million, with cancellation planned by the end of the June 2026 fiscal period. This is intended to enhance investor returns and improve distribution per unit and NAV, as the unit price has been trading below NAV. The operation outlook for June and December 2026 fiscal periods forecasts operating revenue of JPY 4,880 million and JPY 4,810 million, respectively, and projected net income per unit of JPY 3,593 and JPY 3,348. Investment will continue to focus on quality logistics facilities in the Tokyo Metropolitan and Kansai regions to generate stable cash flows.
