{"id":31171,"date":"2026-02-25T16:40:46","date_gmt":"2026-02-25T07:40:46","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8985-20260225-02_wp_capital_policy\/"},"modified":"2026-02-25T16:40:46","modified_gmt":"2026-02-25T07:40:46","slug":"8985-20260225-02_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8985\/ir\/8985-20260225-02_wp_capital_policy\/","title":{"rendered":"Notice Regarding Issuance of New Investment Units and Secondary Offering"},"content":{"rendered":"<p>Japan Hotel REIT Investment Corporation plans to issue up to 848,991 new investment units, raising approximately 69.583 billion yen. The payment date is set from March 9 to March 11, 2026.<\/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":"8985","jir_company_name":"Japan Hotel REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/8985-20260225-02.pdf","jir_short_summary":"Japan Hotel REIT Investment Corporation plans to issue up to 848,991 new investment units, raising approximately 69.583 billion yen. The payment date is set from March 9 to March 11, 2026.","jir_summary":"### Overview of Capital Policy\nAt the board meeting held on February 25, 2026, Japan Hotel REIT Investment Corporation resolved to issue new investment units and conduct a secondary offering. The public offering of new investment units is up to 848,991 units, to be conducted simultaneously through domestic general offering and overseas offering. The issue price will be determined based on the closing price on the Tokyo Stock Exchange between March 3 and 5, 2026. Additionally, an overallotment secondary offering of 38,709 units is planned, accompanied by a third-party allotment of the same number of units. The maximum expected funds to be raised amount to approximately 69.583 billion yen, primarily allocated as part of the acquisition funds for the \u201cHyatt Regency Tokyo,\u201d with the remainder to be used for future asset acquisitions and repairs or capital expenditures on existing properties.\n\n### Impact on Shareholders and Future Outlook\nThe issuance of new investment units will increase the total number of issued units to approximately 5.98 million, resulting in dilution; however, the capital raising aims to secure financial soundness while advancing asset acquisitions. The execution and number of units in the over-allotment secondary offering may vary depending on demand conditions. Details such as the issue price will be decided at future board meetings. The domestic general offering is conditional on the effectiveness of the notification under the Financial Instruments and Exchange Act. For outlook on future operating performance, please refer to the separately announced \u201cNotice Regarding Revisions to the Forecast of Operating Performance for the Fiscal Year Ending December 2026 (27th Fiscal Period).\u201d","jir_financial_highlights":"Number of Units Offered: 848,991 units (Unknown)\nAmount of Funds Raised (Estimated Net Proceeds): 69,583,000,000 yen (Maximum) (Unknown)\nTotal Number of Issued Investment Units (Post-Issuance): 5,984,706 units (Unknown)\nPayment Date: 2026-03-09 to 2026-03-11 (Unknown)","jir_category":"","jir_hashtags":"#JapanHotelREITInvestmentCorporation, #CapitalPolicy, #NewInvestmentUnitsIssuance","jir_key_figures":"Number of Units Offered: 848,991 units (Public Offering of New Investment Units)\nAmount of Funds Raised (Estimated Net Proceeds): 69,583,000,000 yen (Maximum)\nTotal Number of Issued Investment Units (Post-Issuance): 5,984,706 units","jir_meta_title":"Japan Hotel REIT Investment Corporation to Raise Approximately 69.5 Billion Yen Through Issuance of 848,991 New Investment Units","jir_meta_description":"On February 25, 2026, Japan Hotel REIT Investment Corporation resolved to issue 848,991 new investment units. The funds raised, approximately 69.583 billion yen, will be primarily used for the acquisition of \u201cHyatt Regency Tokyo.\u201d","jir_og_title":"Japan Hotel REIT Investment Corporation Announces Fundraising via New Investment Units Issuance","jir_og_description":"Raising approximately 69.5 billion yen through issuance of up to 848,991 new investment units. Funds will mainly be allocated for the acquisition of \u201cHyatt Regency Tokyo.\u201d","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7952,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-31171","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Issuance of New Investment Units and Secondary Offering - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8985\/ir\/8985-20260225-02_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8985\/ir\/8985-20260225-02_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8985\/ir\/8985-20260225-02_wp_capital_policy\/\",\"name\":\"Notice Regarding Issuance of New Investment Units and Secondary Offering - 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