Japan Excellent, Inc.
39th Fiscal Period (December 2025) Financial Presentation Materials
For the 39th fiscal period, operating revenue was 116.72 billion yen, operating income was 5.157 billion yen, and net income attributable to owners of parent was 4.35 billion yen. The DPU was 3,036 yen, an increase of 1.2% over the previous forecast. The DPU forecast for the 40th and 41st fiscal periods has been raised to 3,050 yen and 3,100 yen, respectively.
Key Figures
- Operating Revenue: 116.72 billion yen (39th fiscal period actual)
- DPU: 3,036 yen (39th fiscal period actual, up 36 yen from previous forecast)
- End-of-Term Occupancy Rate: 98.3% (down 0.6 pt year-over-year)
AI要約
Performance Overview
For the 39th fiscal period (ending December 2025), operating revenue was 116.72 billion yen, operating income was 5.157 billion yen, and net income attributable to owners of parent was 4.35 billion yen. Rental business revenue stood at 10.096 billion yen, a 64 million yen increase compared to the previous forecast. Rental business profit also remained solid at 5.315 billion yen, up 460 million yen from the previous forecast. The DPU was 3,036 yen, rising 36 yen from the previous forecast, with total distributions amounting to 3.917 billion yen. The end-of-term occupancy rate remained high at 98.3%.
Future Outlook and Growth Strategy
The DPU forecasts for the 40th fiscal period (ending June 2026) and 41st fiscal period (ending December 2026) have been raised to 3,050 yen and 3,100 yen, respectively, targeting an average annual growth rate of 3.3%. Internal growth strategies focus on sustained rental income increases and management cost control, while external growth involves divesting low-yield assets and acquiring high-profitability properties. With an asset scale of 290.5 billion yen and internal reserves of 2.382 billion yen, the financial foundation remains stable, supporting ongoing efforts to generate capital gains and improve portfolio quality.
