Heiwa Real Estate REIT, Inc.

8966.T
REIT - Diversified
2026/02/16 Updated
Market Cap: $1.3B (¥192.6B)
Stock Price: $1,006.51 (¥153,900)
Exchange Rate: 1 USD = ¥152.91

November 2025 Financial Summary (REIT)

For the November 2025 period, operating revenue was 107.04 billion yen (5.4% Year-over-Year increase), net income attributable to owners of parent was 5.20651 billion yen (6.7% YoY increase), and the distribution per unit rose to 3,950 yen. Total number of investment units issued was 1,251,533 units.

Importance:
Page Updated: January 19, 2026
IR Disclosure Date: January 19, 2026

Key Figures

  • Operating Revenue: 10,704 million yen (5.4% Year-over-Year increase)
  • Net Income Attributable to Owners of Parent: 5,206 million yen (6.7% Year-over-Year increase)
  • Distribution per Unit: 3,950 yen (Increase of 100 yen Year-over-Year)

AI要約

Summary of Financial Performance

For the November 2025 period, operating revenue reached 10,704 million yen (5.4% Year-over-Year increase), operating income was 5,985 million yen (7.7% YoY increase), ordinary income was 5,207 million yen (6.7% YoY increase), and net income attributable to owners of parent amounted to 5,206 million yen (6.7% YoY increase). The distribution per unit was 3,950 yen, reflecting a 100 yen increase compared to the previous year. The total number of investment units issued rose to 1,251,533 units, and the equity ratio improved to 48.8% compared to the previous year.

Asset Portfolio and Financial Strategy

At the end of the period, the asset portfolio consisted of 133 properties with an acquisition price totaling 256,126 million yen, comprising 45 office properties (132,083 million yen) and 88 residential properties (124,043 million yen). The occupancy rate was maintained at a high level of 97.8%, with continual efforts to improve rental levels. Financing was implemented through public offerings and borrowings, achieving an average borrowing period of 7.2 years and an average borrowing interest rate of 1.19%, ensuring a stable financial base. Going forward, focus will be placed on 'Enhancing Investor Returns,' 'Strengthening Internal Growth,' and 'Reinforcing Asset Turnover Strategy' to maximize investor value.

Operating Revenue Trend

Operating Income Trend

Net Income Attributable to Owners of Parent Trend

Distribution per Unit Trend

Occupancy Rate Trend

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.