Operating revenue for the fiscal year ending December 2025 has been revised to JPY 45,564 million (2.0% increase from previous forecast), net income attributable to owners of parent to JPY 27,140 million (4.1% increase), and dividend per unit to JPY 5,060 (4.8% increase). For the fiscal year ending December 2026, operating revenue is forecasted at JPY 44,840 million, net income at JPY 24,218 million, and dividend per unit at JPY 5,177.<\/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 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/8985-20260122-01.pdf","jir_short_summary":"Operating revenue for the fiscal year ending December 2025 has been revised to JPY 45,564 million (2.0% increase from previous forecast), net income attributable to owners of parent to JPY 27,140 million (4.1% increase), and dividend per unit to JPY 5,060 (4.8% increase). For the fiscal year ending December 2026, operating revenue is forecasted at JPY 44,840 million, net income at JPY 24,218 million, and dividend per unit at JPY 5,177.","jir_summary":"### Revision of Operation Status and Dividend Forecast for the Fiscal Year Ending December 2025\nOperating revenue for the fiscal year ending December 2025 has been revised to JPY 45,564 million (2.0% increase from previous forecast), and net income attributable to owners of parent to JPY 27,140 million (4.1% increase). This improvement reflects robust domestic and international lodging demand, as well as an increase in inbound tourism, which contributed to favorable hotel performance. Increases in variable rent, adjustments in property-related expenses, and reductions in financing costs also had an impact. Dividend per unit has been revised upward to JPY 5,060, a 4.8% increase from the previous forecast.\n\n### Operation Status and Dividend Forecast for the Fiscal Year Ending December 2026\nFor the fiscal year ending December 2026, operating revenue is forecasted at JPY 44,840 million, and net income attributable to owners of parent at JPY 24,218 million. Dividend per unit is expected to increase by 2.3% Year-over-Year to JPY 5,177; excluding one-time factors such as sale gains, the base dividend is anticipated to grow by 6.1%. While incorporating the impact of travel advisories from the Chinese government, hotel performance is projected to remain strong due to enhanced marketing efforts in Asia, Europe, North America, and Australia. Additionally, a large-scale renovation of Hilton Tokyo Odaiba is planned from February 2026 through the end of December 2027, with effects from this factored into the forecast.","jir_financial_highlights":"Operating Revenue (Fiscal Year Ending December 2025): JPY 45,564 million (2.0% increase from previous forecast)\nNet Income Attributable to Owners of Parent (Fiscal Year Ending December 2025): JPY 27,140 million (4.1% increase from previous forecast)\nDividend Per Unit (Fiscal Year Ending December 2025): JPY 5,060 (4.8% increase from previous forecast)\nOperating Revenue (Fiscal Year Ending December 2026 Forecast): JPY 44,840 million (1.6% decrease Year-over-Year)\nNet Income Attributable to Owners of Parent (Fiscal Year Ending December 2026 Forecast): JPY 24,218 million (10.8% decrease Year-over-Year)\nDividend Per Unit (Fiscal Year Ending December 2026 Forecast): JPY 5,177 (2.3% increase Year-over-Year)\nNumber of Issued Investment Units: 5,097,006 units (Unknown)","jir_category":"","jir_hashtags":"#JapanHotelREITInvestmentCorporation, #financial_summary, #JapaneseStocks","jir_key_figures":"Operating Revenue for Fiscal Year Ending December 2025: JPY 45,564 million (2.0% increase from previous forecast)\nNet Income Attributable to Owners of Parent for Fiscal Year Ending December 2025: JPY 27,140 million (4.1% increase from previous forecast)\nDividend Per Unit for Fiscal Year Ending December 2025: JPY 5,060 (4.8% increase from previous forecast)","jir_meta_title":"Japan Hotel REIT Investment Corporation Revises 2025 Fiscal Year Earnings Forecast and Announces 2026 Dividend Forecast (Dividend per Unit: JPY 5,177)","jir_meta_description":"Japan Hotel REIT Investment Corporation has upwardly revised operating revenue to JPY 45,564 million and net income to JPY 27,140 million for the fiscal year ending December 2025. The company forecasts a dividend of JPY 5,177 per unit for fiscal year 2026, reflecting solid hotel demand and an anticipated dividend increase.","jir_og_title":"Japan Hotel REIT Investment Corporation Revises 2025 Earnings and Announces 2026 Dividend Forecast","jir_og_description":"Upward revision of earnings forecast for the fiscal year ending December 2025 and a dividend forecast of JPY 5,177 per unit for 2026, reflecting a recovery in hotel demand.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Revenue Trend (Revised Forecast for Fiscal Year Ending December 2025 and Forecast for Fiscal Year Ending December 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending December 2025 (Previous Forecast)\\\",\\\"Fiscal Year Ending December 2025 (Revised Forecast)\\\",\\\"Fiscal Year Ending December 2026 (Forecast)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue (million JPY)\\\",\\\"data\\\":[44669,45564,44840],\\\"backgroundColor\\\":\\\"#4e79a7\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (Revised Forecast for Fiscal Year Ending December 2025 and Forecast for Fiscal Year Ending December 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending December 2025 (Previous Forecast)\\\",\\\"Fiscal Year Ending December 2025 (Revised Forecast)\\\",\\\"Fiscal Year Ending December 2026 (Forecast)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent (million JPY)\\\",\\\"data\\\":[26063,27140,24218],\\\"backgroundColor\\\":\\\"#f28e2b\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"distribution_per_unit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Dividend Per Unit Trend (Revised Forecast for Fiscal Year Ending December 2025 and Forecast for Fiscal Year Ending December 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending December 2025 (Previous Forecast)\\\",\\\"Fiscal Year Ending December 2025 (Revised Forecast)\\\",\\\"Fiscal Year Ending December 2026 (Forecast)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Dividend Per Unit (JPY)\\\",\\\"data\\\":[4830,5060,5177],\\\"backgroundColor\\\":\\\"#e15759\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend (Revised Forecast for Fiscal Year Ending December 2025 and Forecast for Fiscal Year Ending December 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending December 2025 (Previous Forecast)\\\",\\\"Fiscal Year Ending December 2025 (Revised Forecast)\\\",\\\"Fiscal Year Ending December 2026 (Forecast)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income (million JPY)\\\",\\\"data\\\":[30221,31047,29455],\\\"backgroundColor\\\":\\\"#76b7b2\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"ordinary_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Ordinary Income Trend (Revised Forecast for Fiscal Year Ending December 2025 and Forecast for Fiscal Year Ending December 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Year Ending December 2025 (Previous Forecast)\\\",\\\"Fiscal Year Ending December 2025 (Revised Forecast)\\\",\\\"Fiscal Year Ending December 2026 (Forecast)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Ordinary Income (million JPY)\\\",\\\"data\\\":[25666,26743,24219],\\\"backgroundColor\\\":\\\"#59a14f\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":7952,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-20410","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n