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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8957-20260316-01.pdf","jir_short_summary":"For the fiscal year ending January 2026, operating revenue was 10,372 million yen (5.8% YoY increase), operating income was 5,640 million yen (5.5% YoY increase), net income attributable to owners of parent was 5,177 million yen (6.1% YoY increase), and the distribution per investment unit was maintained at 4,000 yen.","jir_summary":"### Overview of Operations\nFor the fiscal year ending January 2026, Tokyu Real Estate Investment Corporation recorded operating revenue of 10,372 million yen (5.8% YoY increase), operating income of 5,640 million yen (5.5% YoY increase), ordinary income of 5,178 million yen (6.1% YoY increase), and net income attributable to owners of parent of 5,177 million yen (6.1% YoY increase). Distribution per unit was maintained at 4,000 yen, the same as the previous fiscal year. The number of issued investment units at the end of the period was 961,371, unchanged from before. The equity ratio improved by 0.4 points to 51.0% compared to the previous fiscal year. The total appraised value of owned properties at the end of the period was 326.92 billion yen, with unrealized gains of 95.677 billion yen exceeding the book value.\n\n### Asset Management and Future Outlook\nThis investment corporation focuses its investments on Tokyo's five central wards and the Tokyu railway line area, continuing to invest in competitive properties. In October 2025, TOKYU REIT Shimokitazawa Square was sold, and in January 2026, a 30% joint ownership interest in TOKYU REIT Toranomon Building was transferred. In March 2026, acquisitions of Togoshi Ginza Round Building and Tokyu Susukino Building were decided. For the fiscal years ending July 2026 and January 2027, operating revenue is forecasted at 10,532 million yen (1.5% YoY increase) and net income at 5,434 million yen (5.0% YoY increase), with distribution per unit expected to be 4,010 yen. While noting risks from changes in the financial environment, the corporation plans to pursue portfolio replacement and internal growth based on a long-term investment management strategy.","jir_financial_highlights":"Operating Revenue: 10,372 million yen (5.8% YoY increase)\nOperating Income: 5,640 million yen (5.5% YoY increase)\nOrdinary Income: 5,178 million yen (6.1% YoY increase)\nNet Income Attributable to Owners of Parent: 5,177 million yen (6.1% YoY increase)\nDistribution Per Unit: 4,000 yen (No change YoY)\nTotal Number of Issued Investment Units: 961,371 units (No change)\nEquity Ratio: 51.0% (0.4 points YoY increase)\nBalance of Interest-Bearing Debt: 105.5 billion yen (Unknown)","jir_category":"","jir_hashtags":"#TokyuRealEstateInvestmentCorporation, #FinancialSummary, #REIT, #JapaneseStocks","jir_key_figures":"Operating Revenue: 10,372 million yen (5.8% YoY increase)\nNet Income Attributable to Owners of Parent: 5,177 million yen (6.1% YoY increase)\nDistribution Per Unit: 4,000 yen (No change YoY)","jir_meta_title":"Tokyu Real Estate Investment Corporation FY January 2026 Financial Summary\uff5cOperating Revenue Up 5.8%, Distribution Maintained at 4,000 Yen","jir_meta_description":"Tokyu Real Estate Investment Corporation's FY January 2026 financial summary. Operating revenue increased by 5.8% YoY to 10.372 billion yen, net income rose 6.1% YoY to 5.177 billion yen. Distribution per unit maintained at 4,000 yen.","jir_og_title":"Announcement of Tokyu Real Estate Investment Corporation FY January 2026 Financial Summary","jir_og_description":"The FY January 2026 financial summary announced, showing increases in both operating revenue and income, with distributions maintained at 4,000 yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Revenue Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY July 2025\\\",\\\"FY January 2026\\\",\\\"Forecast FY July 2026\\\",\\\"Forecast FY January 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue\\\",\\\"data\\\":[9802,10372,10532,7977],\\\"borderColor\\\":\\\"#3e95cd\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY July 2025\\\",\\\"FY January 2026\\\",\\\"Forecast FY July 2026\\\",\\\"Forecast FY January 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[5348,5640,5963,3417],\\\"borderColor\\\":\\\"#8e5ea2\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY July 2025\\\",\\\"FY January 2026\\\",\\\"Forecast FY July 2026\\\",\\\"Forecast FY January 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"data\\\":[4882,5177,5434,2809],\\\"borderColor\\\":\\\"#3cba9f\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"distribution_per_unit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Distribution Per Unit Trend (yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY July 2025\\\",\\\"FY January 2026\\\",\\\"Forecast FY July 2026\\\",\\\"Forecast FY January 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Distribution Per Unit\\\",\\\"data\\\":[4000,4000,4010,4010],\\\"borderColor\\\":\\\"#e8c3b9\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":false}}}}\"}, {\"jir_chart_id\": \"equity_ratio_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Equity Ratio Trend (%)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY July 2025\\\",\\\"FY January 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Equity Ratio\\\",\\\"data\\\":[50.6,51.0],\\\"borderColor\\\":\\\"#f39c12\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":8978,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-34887","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n