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New investment units were issued in January 2026 to raise funds.","jir_summary":"### Performance Overview\nFor the fiscal year ending December 2025, operating revenue amounted to JPY 48,547 million (a 5.2% decrease YoY), operating income was JPY 21,217 million (a 15.4% decrease YoY), and both ordinary income and net income were JPY 19,300 million (an 18.0% decrease YoY). Dividend per unit was JPY 2,454, down 1.6% compared to the previous year. While revenue from the office building leasing business remained steady, declines were seen from operating income downwards. Total assets at fiscal year-end were JPY 1,448.8 billion, and the equity ratio was 50.3%.\n\n### Asset Management and Financial Position\nThe number of properties held is 70, with a cumulative acquisition price of JPY 1,519 billion and total leasable area of 1,239,418 square meters, maintaining a high average occupancy rate of 98.5% during the period. Large-scale property acquisitions were made in July and November 2025, improving portfolio quality. On the financial side, approximately JPY 18 billion in equity financing was conducted in July 2025. The LTV at the fiscal year-end stood at 43.3%, and the long-term fixed-rate ratio was 83.9%, indicating continued conservative financial management.\n\n### Outlook and Capital Policy\nForecasts for the fiscal periods ending June and December 2026 anticipate fluctuations in operating revenue and income, with dividend per unit planned at JPY 2,460 and JPY 2,465 respectively. New investment units were issued in January 2026, increasing the total units to 8,815,000. Through new property acquisitions and strengthening operations of existing properties, the company aims for mid- to long-term asset growth and stable income generation.\n\n### ESG and Sustainability Initiatives\nFocusing on reducing environmental impact, the company has set substantial GHG emission reduction targets. In 2024, Scope 1+2 GHG emissions were reduced by 71.0%, achieving near-term targets for 2030. Social initiatives include collaboration with local communities and improving tenant satisfaction, while governance initiatives involve regular compliance training. The company received 5-star GRESB ratings for two consecutive years, with a green building certification acquisition rate of 99.3%.","jir_financial_highlights":"Operating Revenue: JPY 48,547 million (5.2% decrease YoY)\nOperating Income: JPY 21,217 million (15.4% decrease YoY)\nOrdinary Income: JPY 19,300 million (18.0% decrease YoY)\nNet Income Attributable to Owners of Parent: JPY 19,299 million (18.0% decrease YoY)\nDividend per Unit: JPY 2,454 (1.6% decrease YoY)\nNumber of Outstanding Investment Units: 8,650,000 units (Fiscal Year End 2025) (Increase YoY)\nEquity Ratio: 50.3% (Decrease YoY)\nTotal Assets: JPY 1,448,831 million (Increase YoY)\nLTV (Loan-to-Value Ratio): 43.3% (Increase YoY)","jir_category":"","jir_hashtags":"#NipponBuildingFundInc, #FinancialSummary, #JREIT, #RealEstateInvestment, #ESG","jir_key_figures":"Operating Revenue: JPY 48,547 million (5.2% decrease YoY)\nNet Income Attributable to Owners of Parent: JPY 19,299 million (18.0% decrease YoY)\nDividend per Unit: JPY 2,454 (1.6% decrease YoY)\nNumber of Outstanding Investment Units: 8,650,000 units (Fiscal Year End 2025)\nFiscal Year-End LTV: 43.3%\nNumber of Properties Held: 70 properties\nTotal Leasable Area: 1,239,418\u33a1\nAverage Occupancy Rate During the Period: 98.5%\nNumber of New Investment Units Issued: 164,000 units (January 2026)","jir_meta_title":"Nippon Building Fund Inc. Financial Summary for FY December 2025 Operating Revenue JPY 48,547 Million, Net Income JPY 19,299 Million","jir_meta_description":"Financial summary for FY December 2025 of Nippon Building Fund Inc. Operating revenue was JPY 48,547 million (5.2% decrease YoY), net income was JPY 19,299 million (18.0% decrease YoY), and dividend per unit was JPY 2,454. Report includes new unit issuance and ESG initiatives.","jir_og_title":"Nippon Building Fund Inc. Announces Financial Summary for Fiscal Year Ending December 2025","jir_og_description":"Announcing the financial summary for FY December 2025: operating revenue JPY 48,547 million, net income JPY 19,299 million, dividend JPY 2,454. 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