Japan Excellent, Inc.
Notice Regarding the Revision of the Operational Forecast for the Fiscal Year Ending December 2026
Revision of the operating forecast for the fiscal year ending December 2026 from the previous forecast. Operating revenue 13,123 million yen, operating income 6,525 million yen, ordinary income 5,530 million yen, net income attributable to owners of the parent 5,529 million yen, and per-share distribution 3,100 yen were upwardly revised. The reason is the impact from the disposal of the four targeted properties. Also, the included gain on sale of real estate is expected to be 2,130 million yen, and the reversal of the mitigation reserve fund has been changed to 0 million yen.
Key Figures
- Operating Revenue: 13,123 百万円
- Operating Income: 6,525 百万円
- Ordinary Income: 5,530 百万円
AI要約
Key points of the revised operating forecast
This REIT revised its operating forecast for the fiscal year ending December 2026. Due to the disposal of three target properties, all key indicators—operating revenue, operating income, ordinary income, and net income—have been upwardly revised from the previous forecast. Per-share distribution remains at 3,100 yen. The revision includes gains recognized from the disposal of certain assets and a reassessment of the plan to unwind the reserve for land obtained through tax-saving measures.
Outlook and risks
This revision is based on the disposal of Daiba Garden City Building, Sapporo Otemachi Building, and Urawa SH Building, and may again change due to future asset replacements, rent trends, maintenance costs, interest rate movements, and additional investment unit issuances. The assumptions regarding the unwinding of the reserve have also been changed, and actual distributions will depend on future results.
Japan Excellent Investment Corporation
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