Fukuoka REIT Corporation
Fukuoka REIT Corporation 43rd Fiscal Period Financial Summary Presentation
For the 43rd fiscal period (ending February 2026), operating revenue was JPY 10,822 million, net income attributable to owners of parent was JPY 4,005 million, and distribution per unit was JPY 4,151, representing a 3.8% increase compared to forecast.
Key Figures
- Operating Revenue: JPY 10,822 million (Year-over-Year +JPY 30 million)
- Net Income Attributable to Owners of Parent: JPY 4,005 million (Year-over-Year -JPY 49 million)
- Distribution per Unit: JPY 4,151 (Compared to forecast +JPY 151, +3.8%)
AI要約
Overview of Performance
In the 43rd fiscal period (ending February 2026), operating revenue slightly increased to JPY 10,822 million year-over-year, while net income attributable to owners of parent slightly decreased to JPY 4,005 million compared to the previous period. NOI reached a record high of JPY 6,367 million, and distribution per unit rose by 3.8% over forecast to JPY 4,151. The occupancy rate remained high at 98.5%. The portfolio consists of 37 properties with a total rentable area of 621,813.29 square meters.
Outlook and Strategy
Distributions for the 44th fiscal period (ending August 2026) and the 45th fiscal period (ending February 2027) are projected at JPY 4,000, aiming to maintain stable dividend levels. Internal growth strategies involve promoting rent revisions and property renovations, while external growth strategies consider SPC investments and acquisition of new properties. The financial structure is solid with an LTV of 42.4%, a fixed ratio of 89.4%, and a JCR credit rating of AA-, enabling stable funding.
Operating Revenue Trend (Million JPY)
Net Income Attributable to Owners of Parent Trend (Million JPY)
Distribution per Unit Trend (JPY)
NOI Trend (Million JPY)
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Fukuoka REIT Corporation
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