For the 39th fiscal period, operating revenue was 116.72 billion yen, operating income was 5.157 billion yen, and net income attributable to owners of parent was 4.35 billion yen. The DPU was 3,036 yen, an increase of 1.2% over the previous forecast. The DPU forecast for the 40th and 41st fiscal periods has been raised to 3,050 yen and 3,100 yen, respectively.<\/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 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":"8987","jir_company_name":"Japan Excellent Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/8987-20260220-02.pdf","jir_short_summary":"For the 39th fiscal period, operating revenue was 116.72 billion yen, operating income was 5.157 billion yen, and net income attributable to owners of parent was 4.35 billion yen. The DPU was 3,036 yen, an increase of 1.2% over the previous forecast. The DPU forecast for the 40th and 41st fiscal periods has been raised to 3,050 yen and 3,100 yen, respectively.","jir_summary":"### Performance Overview\nFor the 39th fiscal period (ending December 2025), operating revenue was 116.72 billion yen, operating income was 5.157 billion yen, and net income attributable to owners of parent was 4.35 billion yen. Rental business revenue stood at 10.096 billion yen, a 64 million yen increase compared to the previous forecast. Rental business profit also remained solid at 5.315 billion yen, up 460 million yen from the previous forecast. The DPU was 3,036 yen, rising 36 yen from the previous forecast, with total distributions amounting to 3.917 billion yen. The end-of-term occupancy rate remained high at 98.3%.\n\n### Future Outlook and Growth Strategy\nThe DPU forecasts for the 40th fiscal period (ending June 2026) and 41st fiscal period (ending December 2026) have been raised to 3,050 yen and 3,100 yen, respectively, targeting an average annual growth rate of 3.3%. Internal growth strategies focus on sustained rental income increases and management cost control, while external growth involves divesting low-yield assets and acquiring high-profitability properties. With an asset scale of 290.5 billion yen and internal reserves of 2.382 billion yen, the financial foundation remains stable, supporting ongoing efforts to generate capital gains and improve portfolio quality.","jir_financial_highlights":"Operating Revenue: 116.72 billion yen (Up 161 million yen compared to previous forecast)\nOperating Income: 5.157 billion yen (Down 730 million yen compared to previous forecast)\nNet Income Attributable to Owners of Parent: 4.35 billion yen (Down 710 million yen compared to previous forecast)\nDPU (Distribution per Unit): 3,036 yen (Up 36 yen compared to previous forecast)\nEnd-of-Term Occupancy Rate: 98.3% (Down 0.6 pt year-over-year)\nAsset Scale: 290.5 billion yen (Down 2.9 billion yen year-over-year)\nInternal Reserves Balance: 2.382 billion yen (Up 430 million yen year-over-year)","jir_category":"","jir_hashtags":"#JapanExcellentInvestmentCorporation, #FinancialPresentationMaterials, #JapaneseStocks","jir_key_figures":"Operating Revenue: 116.72 billion yen (39th fiscal period actual)\nDPU: 3,036 yen (39th fiscal period actual, up 36 yen from previous forecast)\nEnd-of-Term Occupancy Rate: 98.3% (down 0.6 pt year-over-year)","jir_meta_title":"Japan Excellent Investment Corporation 39th Fiscal Period Results Operating Revenue 116.7 Billion Yen, DPU Increased to 3,036 Yen","jir_meta_description":"Financial presentation materials for Japan Excellent Investment Corporation's 39th fiscal period. Operating revenue of 116.7 billion yen, DPU of 3,036 yen, and stable end-of-term occupancy rate of 98.3%. DPU forecasts raised for periods beyond the 40th.","jir_og_title":"Japan Excellent Investment Corporation 39th Fiscal Period Results Announcement","jir_og_description":"Achieved operating revenue of 116.7 billion yen and DPU of 3,036 yen in the 39th fiscal period. 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