Financial Presentation for Fiscal Period Ending August 2026 (15th Term)

Summary of Results

This period's results highlight total rental income, including leasing operations, as a key indicator, with focus also on payout ratio and DPU trends. The earnings highlights show operating revenue of 3,729 million yen and operating income of 1,987 million yen for comparison, net income attributable to owners of parent of 1,663 million yen, and distribution per unit of 3,680 yen. As of September 2026, financial condition disclosures include information on refinancing and debt repayment, and trends in LTV and other financial management items.

Outlook and Key Factors

The Topics section records asset disposals and restructurings such as completion of the transfer of Fukuoka Green Building and the start of a takeover bid. Asset management highlights indicate recovery in portfolio occupancy, progress on rent revisions, and hotel operation trends, while financial management tracks metrics such as interest rates, LTV, and the ratio of long-term debt. Going forward, investors should monitor the progress of the takeover bid, the use of proceeds from disposals, and the impact of financial strategy.