Corrected certain errors in the Financial Summary for the May 2026 period. Revisions include the appraisal values of investment assets and other figures such as revenue prices and NOI, with the affected items including the discount rate and indirect yield for Asset A-11 Residence Makuhari (Residence Makuhari Arena City). The total has been corrected to 3,952 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":"3472","jir_company_name":"Japan Hotel and Residential Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3472-20260826-01.pdf","jir_short_summary":"Corrected certain errors in the Financial Summary for the May 2026 period. Revisions include the appraisal values of investment assets and other figures such as revenue prices and NOI, with the affected items including the discount rate and indirect yield for Asset A-11 Residence Makuhari (Residence Makuhari Arena City). The total has been corrected to 3,952 million yen.","jir_summary":"### Overview of corrections\nPartial corrections to information on real estate appraisal have been announced. Targets include appraisal value, revenue price, NOI, direct capitalization method price, discount rate, final reversion yield, and price by the discounted cash flow method, with corrections to the figures for A-11 Residence Makuhari (Residence Makuhari Arena City). The total figure has also been adjusted to the corrected amount.\n\n### Next steps and impact\nThe corrections are intended to ensure the reliability of disclosure materials, and as of now there is no additional financial impact disclosed in the body of the text. Investors should reconfirm asset values based on the corrected figures. Inquiries related to this matter should be directed to the Director of Corporate Administration.","jir_financial_highlights":"Total: 3,952 (The explicit differences before\/after are described in the body text, but the amount has been corrected to 3,952.)\nA-11 Residence Makuhari (Residence Makuhari Arena City): 1,410; 1,420; 4.4; 1,400; 4.2; 4.5; 66 (Differences have been revised between before and after, the underlined numbers indicate the corrected parts.)","jir_category":"","jir_hashtags":"#JapanHotelandResidentialIRExternalCorrections, #DisclosureUpdate","jir_key_figures":"Total: 3,952\nKey figures for A-11 Residence Makuhari before\/after correction: 1,410 \/ 1,420 \/ 4.4 \/ 1,400 \/ 4.2 \/ 4.5 \/ 66\nFinal reversion yield: After-correction 3.952 (million yen)","jir_meta_title":"Japan Hotel and Residential Investment Corporation Correction Notice\uff5cMay 2026 Term","jir_meta_description":"We announce partial corrections to the May 2026 Financial Summary. Values for A-11 Residence Makuhari appraisal value, NOI, discount rate, etc., have been corrected, and the total has been updated. Inquiries: Director of Corporate Administration.","jir_og_title":"Japan Hotel & Residential Investment Corporation Correction Notice","jir_og_description":"We announce partial corrections to the May 2026 Financial Summary. An explanation of the main corrected items and their impact.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57145,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-107339","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n