{"id":135019,"date":"2026-10-27T18:34:43","date_gmt":"2026-10-27T09:34:43","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8966-20261027-02_wp_financial_summary\/"},"modified":"2026-10-27T18:34:43","modified_gmt":"2026-10-27T09:34:43","slug":"8966-20261027-02_wp_financial_summary","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8966\/ir\/8966-20261027-02_wp_financial_summary\/","title":{"rendered":"Supplementary Explanation Materials Regarding Today&#8217;s Disclosure"},"content":{"rendered":"<p>Details a policy to reinforce three enhancement measures focused on improving capital efficiency and increasing returns to unitholders, centered on plans for acquiring and disposing domestic assets and revisions to operational forecasts. Plans to record gains on sales and utilize retained earnings aim to secure stability for future dividend increases. Acquired assets are mainly four relatively new residential properties in the 23 wards of Tokyo; expected gain on sale is approximately 4.4 billion yen, and recognition of gain on sale is assumed to occur over two periods.<\/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\u2606\u2606","jir_publication_date":"2026-10-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/8966-20261027-02.pdf","jir_short_summary":"Details a policy to reinforce three enhancement measures focused on improving capital efficiency and increasing returns to unitholders, centered on plans for acquiring and disposing domestic assets and revisions to operational forecasts. Plans to record gains on sales and utilize retained earnings aim to secure stability for future dividend increases. Acquired assets are mainly four relatively new residential properties in the 23 wards of Tokyo; expected gain on sale is approximately 4.4 billion yen, and recognition of gain on sale is assumed to occur over two periods.","jir_summary":"### Summary\nThese supplementary explanation materials set out a policy to reinforce three enhancement measures aimed at improving capital efficiency and maximizing unitholder value. By changing management policies including asset replacement, the REIT intends to generate gains on sale and use strengthened retained earnings and rent revisions to fund returns to unitholders via EPU growth. Recognizing gains on sale over two consecutive periods is intended to enhance the stability and feasibility of future distributions and dividend increases.\n\n### Outlook and Impact\nThe assets planned for acquisition are four relatively new residential properties mainly in the 23 wards of Tokyo, part of a leasehold development project utilizing sponsor support. Gains on sale are expected to be recorded over two consecutive periods, with a design to return gains to distributions while limiting the use of retained earnings. Through rent revisions and asset replacement to strengthen organic growth, the plan targets an annual rent revenue growth rate of 6%, aiming to increase the certainty of future dividend increases.","jir_financial_highlights":"Estimated gain on sale: 44 hundred million yen ((Note 3) Forward-looking estimate subject to change)\nPlanned acquisition price: approx. 80 hundred million yen (New planned acquisition)\nNOI yield: 4.6% \/ 3.6%","jir_category":"","jir_hashtags":"#HeiwaRealEstateREIT_SupplementaryExplanation, #TimelyDisclosure, #CapitalEfficiency, #AssetReplacement","jir_key_figures":"Estimated gain on sale: 44 hundred million yen\nPlanned acquisition price: approx. 80 hundred million yen\nNOI yield: 4.6% \/ 3.6%","jir_meta_title":"Heiwa Real Estate REIT, Inc. Supplementary Explanation Materials: Capital Enhancement and Asset Replacement Growth Strategy | 2026-10-27","jir_meta_description":"Summary of Heiwa Real Estate REIT, Inc.'s supplementary explanation materials dated today. Describes capital efficiency improvements and strengthened returns to unitholders through three enhancement measures, stabilization of dividend increases via gains on sale, and plans to acquire and dispose of four relatively new residential properties mainly in the 23 wards of Tokyo.","jir_og_title":"Analysis of Heiwa Real Estate REIT, Inc.'s Supplementary Explanation Materials","jir_og_description":"Explains the strategy focused on improving capital efficiency and strengthening returns to unitholders, the estimated gain on sale and planned acquisition price, and internal growth measures including rent revisions.","jir_og_image_url":"\/assets\/og\/company-financial_summary.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-135019","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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