Revised operating status and distribution forecast for the fiscal year ending May 2027 (52nd period). Dividend per unit increased to 4,070 yen (previous forecast 4,040 yen). Revision rationale: changes in assumptions due to asset acquisitions such as HF Akishima Station Front Building.<\/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,"price_fetched_at":"","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":"8966","jir_company_name":"Heiwa Real Estate REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8966-20260924-01.pdf","jir_short_summary":"Revised operating status and distribution forecast for the fiscal year ending May 2027 (52nd period). Dividend per unit increased to 4,070 yen (previous forecast 4,040 yen). Revision rationale: changes in assumptions due to asset acquisitions such as HF Akishima Station Front Building.","jir_summary":"### Key earnings highlights\nThe REIT has revised its operating status and dividend forecast for the fiscal year ending May 2027. The primary driver of the revision is changes in assumptions based on the acquisition decision of HF Akishima Station Front Building and the review of operating performance of existing properties. Under the new assumptions, the dividend per unit is 4,070 yen, up from the previous forecast of 4,040 yen.\n\n### Asset management, financing assumptions and impact\nBased on the conditions in the attached exhibit, the fiscal year ending May 2027 assumes a total of 136 properties reflecting new acquisitions in managed assets and a total issued units of 1,343,533. Also, the impact of acquired assets is expected to be minor in the November 2026 period and will affect timing of expense recognition from period 52 onward.","jir_financial_highlights":"Operating revenue: 9,903 million yen (Increased by 139 million yen from the previous forecast of 9,764 million yen)\nOperating income: 4,812 million yen (Increased by 77 million yen from the previous forecast of 4,734 million yen)\nOrdinary income: 3,501 million yen (Increased by 4 million yen from the previous forecast of 3,497 million yen)\nNet income for the period: 3,501 million yen (Increased by 5 million yen from the previous forecast of 3,496 million yen)\nDividend per unit: 4,070 yen (Increased by 30 yen from the previous forecast of 4,040 yen)","jir_category":"","jir_hashtags":"#HeiwaRealEstateREITInc, #DividendRevision, #RealEstateInvestmentTrust, #FinancialStatementRevision","jir_key_figures":"Fiscal year ending May 2027 (52nd period) assumptions for acquisition and recognition of operating assets (including HF Akishima Station Front Building)\nDividend per unit 4,070 yen (previous forecast 4,040 yen)\nInterest-bearing debt balance 142,990 million yen (end of period projection)","jir_meta_title":"Heiwa Real Estate REIT, Inc. \u2013 Operating Status and Dividend Forecast Revisions | May 2027","jir_meta_description":"Heiwa Real Estate REIT, Inc. revises the operating status and dividend forecast for the fiscal year ending May 2027. Dividend per unit is 4,070 yen; revisions are explained with acquisitions such as the Akishima Station Front Building.","jir_og_title":"Dividend Forecast Revision for Heiwa Real Estate REIT, Inc.","jir_og_description":"Revision of operating status and dividend forecast for the fiscal year ending May 2027. Dividend per unit increased to 4,070 yen due to new acquisitions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8996,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-122762","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n