MIRARTH Real Estate Investment Corporation Financial Summary for the Fiscal Period Ending August 2026 (REIT)

Overview of Results

In this fiscal summary, based on expansion of managed assets and stabilization of occupancy rates, the corporation recorded operating revenue of 5,845 million yen, ordinary income of 2,608 million yen, and net income of 2,587 million yen. Distributions were set at 2,700 yen per unit, totaling 2,735 million yen, and 490 million yen was retained as internal reserves. During the period, seven properties were newly acquired (3 residential, 2 office, 1 retail facility, 1 hotel; total 7 properties; total acquisition cost 17.3 hundred million yen), expanding the number of properties to 85 and total acquisition amount to 1930 hundred million yen. On the financial side, with an LTV of approximately 49.8% and ratings of A / Stable and A+ / Stable, the corporation maintains a solid financial foundation.

Outlook and Impact for Investors

For the February 2027 and August 2027 periods, the operational forecast indicates that while increasing internal reserves to a certain extent, the corporation will pursue both external growth (continued new acquisitions) and internal growth to expand asset scale and enhance portfolio stability. Funding will combine debt finance and equity finance, strengthen bank formation, and aim to control interest rate risk. Total assets are expected to grow to approximately 209,943 million yen and net assets to approximately 99,159 million yen, targeting medium- to long-term enhancement of investor value.