Acquired NSC-format commercial facility m-City Toda Park near Toda Park, Tod. Acquisition price 4,869 million yen, appraised value 5,800 million yen. Post-acquisition NOI yield is 4.5% on actual, aiming for 5.5% in the future. Rent increases are already agreed from spring 2027 onward, anticipating improved long-term profitability.<\/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":"8953","jir_company_name":"Nihon toshi Fando Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8953-20260826-02.pdf","jir_short_summary":"Acquired NSC-format commercial facility m-City Toda Park near Toda Park, Tod. Acquisition price 4,869 million yen, appraised value 5,800 million yen. Post-acquisition NOI yield is 4.5% on actual, aiming for 5.5% in the future. Rent increases are already agreed from spring 2027 onward, anticipating improved long-term profitability.","jir_summary":"### Acquisition overview\nThis investment trust will acquire the NSC-format commercial facility 'm-City Toda Park' located about a 10-minute walk from Toda Park Station. Acquisition price is 4,869 million yen, appraised value is 5,800 million yen. Rent increases from spring 2027 onward are already secured, and actual NOI yield stands at 4.5%, ensuring stable income. In the long term, by rent adjustments and tenant replacements, the aim is to improve NOI yield to around 5.5%. Future sale potential and additional asset value enhancement are also being considered.\n\n### Outlook and risks\nThis property acquisition was decided in August 2026 and is scheduled to be acquired on October 1, 2026; impact on the operation period and the most recent 2026 fiscal year is expected to be limited. Under a forward commitment, a termination penalty equivalent to 20% of the acquisition price is defined as the payment condition. By future population trends and rent adjustments for tenants, the aim is to secure long-term cash flow stability and enhance asset value.","jir_financial_highlights":"Acquisition cost: 4,869 \u767e\u4e07\u5186 (Unknown)\nAppraised value: 5,800 \u767e\u4e07\u5186 (Unknown)\nNOI yield (Actual): 4.5% (Reflected future rent increases)\nTotal rental income (annual): 248 \u767e\u4e07\u5186 (Unknown)\nOccupancy rate: 100.0% (Unknown)","jir_category":"","jir_hashtags":"#\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba, # m-\u30b7\u30c6\u30a3\u6238\u7530\u516c\u5712, # NOI\u5229\u56de\u308a, # \u4e0d\u52d5\u7523\u6295\u8cc7\u4fe1\u8a17","jir_key_figures":"Acquisition cost: 4,869 \u767e\u4e07\u5186\uff08Acquisition date: 2026-08-26\u3001Planned acquisition date: 2026-10-01\uff09\nAppraised value: 5,800 \u767e\u4e07\u5186\uff08Appraisal date: 2026-08-01\uff09\nNOI: 268 \u767e\u4e07\u5186\uff08Appraisal-based\uff09\n NOI yield: 5.5%\uff08After depreciation NOI yield 4.8%\uff09\nTotal rental income: 248 \u767e\u4e07\u5186\/\u5e74","jir_meta_title":"\u3010\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba\u3011m-\u30b7\u30c6\u30a3\u6238\u7530\u516c\u5712\u3092\u53d6\u5f97\uff5cNOI\u5b89\u5b9a\u30fb\u5c06\u67655.5%\u76ee\u6307\u3059","jir_meta_description":"Nihon City Fund Investment Corporation acquires the commercial facility 'm-City Toda Park' in Toda Park, Saitama. Acquisition price 4,869 million yen, NOI yield 4.5% (actual), aiming for 5.5% in the future. Rent increases confirmed from spring 2027 onward, targeting stable income and asset value growth.","jir_og_title":"Acquisition of m-City Toda Park by Nihon City Fund Investment Corporation\uff5cStable NOI and Future Cap-Up","jir_og_description":"Acquiring a NSC-type commercial facility in Toda Park. Short-term financial impact is limited; however, aiming for rent increases from spring 2027 onward and improvement in long-term NOI yield.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7618,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"sales_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-107249","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n