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Earnings guidance for the June 2026 period anticipates operating revenue of 53,924 million yen and net income of 24,064 million yen.","jir_summary":"### Performance Overview\nOperating revenue for the fiscal year ending December 2025 (49th period) was 48,547 million yen, a 5.2% decrease compared to the same period last year. The main factor was a decrease in gains on sales of real estate and others (\u25b24,847 million yen); however, rental income from real estate increased by 3.8% YoY, reaching 44,809 million yen. Operating expenses rose 4.5% to 27,329 million yen, resulting in operating income of 21,217 million yen, down 15.4%. Net income attributable to owners of parent was 19,299 million yen, down 18.0% YoY. The number of investment units issued at period end increased 1.7% to 8,650,000 units, maintaining an average occupancy rate of 98.5% during the period.\n\n### Operational Performance and Earnings Guidance\nEarnings guidance for the June 2026 period (50th period) and December 2026 period (51st period) forecasts operating revenue of 53,924 million yen (up 11.1%) and 50,639 million yen (down 6.1%), respectively. Net income is expected to be 24,064 million yen (up 24.7%) and 19,963 million yen (down 17.0%), respectively. Occupancy rates are projected to remain at a high level in the 98% range, with revenue expansion expected due to increased rental income and rent revisions. Properties scheduled for acquisition total 60.7 billion yen, with planned dispositions of 11.9 billion yen. On the financing front, interest-bearing debt balance decreased to 628,000 million yen YoY, and the increase in long-term borrowings has strengthened the financial base.","jir_financial_highlights":"Operating Revenue: 48,547 million yen (Down 5.2% YoY)\nNet Income Attributable to Owners of Parent: 19,299 million yen (Down 18.0% YoY)\nNumber of Investment Units Issued at Period End: 8,650,000 units (Up 1.7% YoY)\nAverage Occupancy Rate During the Period: 98.5% (Unknown)\nOperating Revenue Forecast for June 2026 Period: 53,924 million yen (Up 11.1% YoY)\nNet Income Forecast for June 2026 Period: 24,064 million yen (Up 24.7% YoY)\nInterest-bearing Debt Balance: 628,000 million yen (Down 5.7% YoY)","jir_category":"","jir_hashtags":"#NIPPONBUILDINGFUNDINC, #FinancialResultsPresentation, #RealEstateInvestmentTrust","jir_key_figures":"Operating Revenue: 48,547 million yen (Down 5.2% YoY)\nNet Income Attributable to Owners of Parent: 19,299 million yen (Down 18.0% YoY)\nNumber of Investment Units Issued at Period End: 8,650,000 units (Up 1.7% YoY)","jir_meta_title":"NIPPON BUILDING FUND INC. Fiscal Year Ending December 2025 Financial Results Operating Revenue 48,547 Million Yen \/ Net Income 19,299 Million Yen","jir_meta_description":"Presentation materials for the fiscal year ending December 2025 financial results of NIPPON BUILDING FUND INC. Operating revenue was 48,547 million yen (down 5.2% YoY), net income was 19,299 million yen (down 18.0% YoY), with operating revenue forecast of 53,924 million yen for the June 2026 period.","jir_og_title":"NIPPON BUILDING FUND INC. Fiscal Year Ending December 2025 Financial Results Announcement","jir_og_description":"Operating revenue for the fiscal year ending December 2025 was 48,547 million yen, and net income was 19,299 million yen. 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