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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8987","jir_company_name":"Japan Excellent Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8987-20260821-02.pdf","jir_short_summary":"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.","jir_summary":"### Key points of the revised operating forecast\nThis REIT revised its operating forecast for the fiscal year ending December 2026. Due to the disposal of three target properties, all key indicators\u2014operating revenue, operating income, ordinary income, and net income\u2014have 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.\n\n### Outlook and risks\nThis 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.","jir_financial_highlights":"Operating Revenue: 13,123 \u767e\u4e07\u5186 (Upward revision from previous forecast 11,434 \u767e\u4e07\u5186)\nOperating Income: 6,525 \u767e\u4e07\u5186 (Upward revision from previous forecast 4,883 \u767e\u4e07\u5186)\nOrdinary Income: 5,530 \u767e\u4e07\u5186 (Upward revision from previous forecast 3,887 \u767e\u4e07\u5186)\nNet Income Attributable to Owners of the Parent: 5,529 \u767e\u4e07\u5186 (Upward revision from previous forecast 3,886 \u767e\u4e07\u5186)\nPer-Share Distribution: 3,100 \u5186 (Same as previous forecast 3,100 \u5186)","jir_category":"","jir_hashtags":"#JapanExcellentInvestmentCorporation, #RevisionOfOperatingForecast, #RealEstateInvestmentTrust","jir_key_figures":"Operating Revenue: 13,123 \u767e\u4e07\u5186\nOperating Income: 6,525 \u767e\u4e07\u5186\nOrdinary Income: 5,530 \u767e\u4e07\u5186","jir_meta_title":"\u3010Japan Excellent Investment Corporation\u3011Revision of Operating Forecast\uff5cFiscal Year ending December 2026","jir_meta_description":"Japan Excellent Investment Corporation revises its operating forecast for the fiscal year ending December 2026. Key figures include Operating Revenue 13,123 million yen, Operating Income 6,525 million yen, Net Income 5,529 million yen, etc. Explains the impact of disposals and the outlook for distributions.","jir_og_title":"Japan Excellent Investment Corporation Revision of Operating Forecast","jir_og_description":"Revision of the operating forecast for the fiscal year ending December 2026. Details on upward revisions of revenue and profit and a stable distribution outlook.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8988,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-106164","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n