{"id":135020,"date":"2026-10-27T18:34:47","date_gmt":"2026-10-27T09:34:47","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8966-20261027-03_wp_earnings_guidance\/"},"modified":"2026-10-27T18:34:47","modified_gmt":"2026-10-27T09:34:47","slug":"8966-20261027-03_wp_earnings_guidance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8966\/ir\/8966-20261027-03_wp_earnings_guidance\/","title":{"rendered":"Notice of Revision to Operational Forecasts (Fiscal Period Ending November 2026 &#8211; 50th Period; Fiscal Period Ending May 2027 &#8211; 51st Period)"},"content":{"rendered":"<p>Due to additional planned acquisitions and a disposition, operating revenue, ordinary income, net income attributable to owners of parent, and distribution per unit for the fiscal periods ending November 2026 and May 2027 have been revised. Based on assumptions for new acquisitions and dispositions, the outlook represents a significant upward revision from the previous forecasts.<\/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":"2026-10-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/8966-20261027-03.pdf","jir_short_summary":"Due to additional planned acquisitions and a disposition, operating revenue, ordinary income, net income attributable to owners of parent, and distribution per unit for the fiscal periods ending November 2026 and May 2027 have been revised. Based on assumptions for new acquisitions and dispositions, the outlook represents a significant upward revision from the previous forecasts.","jir_summary":"### Key Points and Background\nHeiwa Real Estate REIT, Inc. has decided to acquire HF Shin-Osaka Residence, HF Nishi-Nippori Residence, HF Shimura-Sakaue Residence, and HF Oshiage Residence II, and to dispose of HF Shirokane-Takanawa Residence. Accordingly, it has revised its operational forecasts for the fiscal period ending November 2026 (50th period) and the fiscal period ending May 2027 (51st period). Changes in the underlying assumptions have resulted in substantial upward revisions to operating revenue, ordinary income, and net income attributable to owners of parent, while distribution per unit is expected to remain flat.\n\n### Impact on Investors and Outlook\nThe additions and disposition of assets are expected to change the total assets under management, and actual amounts may vary depending on surrender notice status and market conditions. The policy is to maintain the current distribution forecast, but attention should be paid to factors that may cause variability such as rental income and repair expenses. Depending on future progress of asset acquisitions and dispositions and market trends, performance results and distribution policy may be reviewed again.","jir_financial_highlights":"Operating Revenue: 2026-11: 12,001 million yen; 2027-05: 11,961 million yen (Increase compared with the previously announced forecast (A))\nOperating Income: 2026-11: 6,936 million yen; 2027-05: 6,773 million yen (Increase compared with the previously announced forecast (B))\nOrdinary Income: 2026-11: 5,826 million yen; 2027-05: 5,384 million yen (Substantial increase compared with the previously announced forecast (A))\nNet Income Attributable to Owners of Parent: 2026-11: 5,826 million yen; 2027-05: 5,383 million yen (Substantial increase compared with the previously announced forecast (A))\nDistribution per Unit: 2026-11: 4,030 yen; 2027-05: 4,070 yen (Same as previous forecast (no change of 0 yen))","jir_category":"","jir_hashtags":"#HeiwaRealEstateREIT, #RevisionToOperationalForecasts, #RealEstateInvestmentTrust","jir_key_figures":"Operating Revenue 2026-11: 12,001 million yen\nOperating Income 2026-11: 6,936 million yen\nNet Income Attributable to Owners of Parent 2026-11: 5,826 million yen","jir_meta_title":"Heiwa Real Estate REIT, Inc. - Notice of Revision to Operational Forecasts | Fiscal Periods Ending Nov 2026 & May 2027","jir_meta_description":"Heiwa Real Estate REIT, Inc. has revised its operational forecasts for the fiscal periods ending November 2026 and May 2027 due to additional planned acquisitions and a decided disposition. Summary of expected increases in revenue and profits and the outlook for distributions.","jir_og_title":"Heiwa Real Estate REIT, Inc. | Notice of Revision to Operational Forecasts","jir_og_description":"Revisions to forecasts for the fiscal periods ending November 2026 and May 2027 due to additional planned acquisitions and a disposition. Summary of expected increases in key indicators and distribution outlook.","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":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-135020","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Revision to Operational Forecasts (Fiscal Period Ending November 2026 - 50th Period; Fiscal Period Ending May 2027 - 51st Period) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8966\/ir\/8966-20261027-03_wp_earnings_guidance\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8966\/ir\/8966-20261027-03_wp_earnings_guidance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8966\/ir\/8966-20261027-03_wp_earnings_guidance\/\",\"name\":\"Notice of Revision to Operational Forecasts (Fiscal Period Ending November 2026 - 50th Period; 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