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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3283-20260121-02.pdf","jir_short_summary":"In the 26th fiscal period (November 2025), achieved a distributable income per unit of \u00a51,920 (1.1% above forecast), NOI of \u00a524,590 million (0.5% above forecast), average occupancy rate during the period at 98.6%, and average rental rate revision at +3.8%.","jir_summary":"### Performance Overview\nIn the 26th fiscal period (November 2025), maintained a high occupancy rate of 98.6% with steady rental growth. Distributable income per unit was \u00a51,920, a 1.1% increase from forecast, and NOI was \u00a524,590 million, a 0.5% increase from forecast. Appraised LTV stood at 28.7%, and market capitalization was \u00a5789.4 billion. A high proportion of leased area with lease contracts expiring is covered by long-term agreements, securing a stable revenue base.\n\n### Growth Strategy and Capital Policy\nFocused on internal growth by maintaining a high occupancy rate above 98% and pursuing rental increases, accelerating the introduction of CPI-linked clauses. In capital policy, continued appropriate acquisition of treasury shares to optimize payout ratio and control debt costs. External growth involves continuing the distribution of gains over five terms through asset replacement, aiming to build a resilient portfolio. Several areas confirmed rental increases, indicating sustainable growth prospects.","jir_financial_highlights":"Distributable Income per Unit: \u00a51,920 (vs. Forecast: +1.1%, vs. Previous Period: \u25bc0.9%)\nNOI: \u00a524,590 million (vs. Forecast: +0.5%, vs. Previous Period: \u25bc0.4%)\nAppraised LTV: 28.7% (As of end November 2025)\nAverage Occupancy Rate During Period: 98.6% (Unknown)\nAverage Rental Rate Revision: +3.8% \/ +3.5% (Full Year 2025 \/ 26th Fiscal Period)\nMarket Capitalization: \u00a5789.4 billion (As of end November 2025)","jir_category":"","jir_hashtags":"#JapanPrologisREIT, #FinancialPresentationMaterials, #RealEstateInvestmentTrust","jir_key_figures":"Distributable Income per Unit: \u00a51,920 (vs. Forecast +1.1%)\nNOI: \u00a524,590 million (vs. Forecast +0.5%)\nAverage Occupancy Rate During Period: 98.6%","jir_meta_title":"Japan Prologis REIT, Inc. 26th Fiscal Period Financial Presentation Materials | Distributable Income \u00a51,920\u30fbNOI \u00a524,590 million","jir_meta_description":"Japan Prologis REIT, Inc.'s 26th fiscal period (November 2025) financial presentation materials. Achieved distributable income per unit of \u00a51,920 (1.1% above forecast), NOI of \u00a524,590 million (0.5% above forecast), and high occupancy rate of 98.6%, continuing stable growth.","jir_og_title":"Japan Prologis REIT, Inc. 26th Fiscal Period Financial Presentation Materials Released","jir_og_description":"Achieved distributable income of \u00a51,920 and NOI of \u00a524,590 million in the 26th fiscal period. 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