Builds a capital cycle through high-value sale of fixed-rent-type ground and reinvestment into inflation-responsive ground. Estimated sale proceeds exceed 3.7 billion yen, secured sale proceeds about 5.5 billion yen, estimated yield 4.7%. Letters of Intent (LOIs) received for all 17 properties.<\/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":"\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8953-20260917-02.pdf","jir_short_summary":"Builds a capital cycle through high-value sale of fixed-rent-type ground and reinvestment into inflation-responsive ground. Estimated sale proceeds exceed 3.7 billion yen, secured sale proceeds about 5.5 billion yen, estimated yield 4.7%. Letters of Intent (LOIs) received for all 17 properties.","jir_summary":"### Section Heading 1\nThis document is an IR material focused on building a capital cycle by selling fixed-rent-type ground at high prices and reinvesting into inflation-responsive ground. It centers on actual sale gains, future distribution model, and yield stability, including specific LOI-accepted cases such as Life Shimoji Store and Edion Kyobashi Store.\n\n### Section Heading 2\nIn the reinvestment capital cycle, the policy aims to balance stable income from fixed rents with expanded return of sale gains and distributions. It explains the no-debt structure of invested SPCs and the basis for the assumed dividend yield of 4.7%, with anticipated additional sale gains based on future ERs (LOIs already received).","jir_financial_highlights":"Sale gain actual: Total 11.7 billion yen (Unknown)\nSale at 2.5 times appraised value: Unknown (Unknown)\nFixed rent: 4.7% (Assumed dividend yield 4.7%)","jir_category":"","jir_hashtags":"#\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba, #\u56fa\u5b9a\u8cc3\u6599\u578b\u5e95\u5730, #\u30a4\u30f3\u30d5\u30ec\u5bfe\u5fdc\u578b\u5e95\u5730, #LOI\u53d7\u9818\u6e08\u307f","jir_key_figures":"Sale gain actual: Total 11.7 billion yen\nSale at 2.5 times appraised value: Unknown\nFixed rent: 4.7% (assumed dividend yield)","jir_meta_title":"\u3010\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba\u3011Fixed-rent ground sold at high price and capital cycle construction | September 2026","jir_meta_description":"Nihon City Fund Investment Corporation builds a capital cycle by selling fixed-rent-type ground at high prices and reinvesting into inflation-responsive ground. This outlines sale gains, and a projected dividend yield of 4.7%, covering all 17 properties for future outlook with LOIs received.","jir_og_title":"\u3010\u65e5\u672c\u90fd\u5e02\u30d5\u30a1\u30f3\u30c9\u6295\u8cc7\u6cd5\u4eba\u3011High-value sale of fixed-rent ground and reinvestment to build capital cycle","jir_og_description":"Sell fixed-rent-type land at a high price and reinvest into inflation-responsive land to construct a capital cycle. This explains future revenue growth and dividend yield outlook including LOI-received cases.","jir_og_image_url":"\/assets\/og\/company-disclosure_update.jpg","jir_chart_data_collection":"[]","ir_related_company":7618,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-114837","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n