{"id":35115,"date":"2026-03-17T16:41:05","date_gmt":"2026-03-17T07:41:05","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3234-20260317-02_wp_financial_summary\/"},"modified":"2026-03-17T16:41:05","modified_gmt":"2026-03-17T07:41:05","slug":"3234-20260317-02_wp_financial_summary","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3234\/ir\/3234-20260317-02_wp_financial_summary\/","title":{"rendered":"39th Period (January 2026) Financial Presentation Materials"},"content":{"rendered":"<p>Operating revenue of 11,381 million yen, operating income of 6,882 million yen, and net income attributable to owners of parent of 6,124 million yen, achieving year-over-year revenue and profit growth. Distributions per unit planned and achieved at 3,100 yen (YoY +0.3%).<\/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":"3234","jir_company_name":"Mori Hills REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3234-20260317-02.pdf","jir_short_summary":"Operating revenue of 11,381 million yen, operating income of 6,882 million yen, and net income attributable to owners of parent of 6,124 million yen, achieving year-over-year revenue and profit growth. Distributions per unit planned and achieved at 3,100 yen (YoY +0.3%).","jir_summary":"### Overview of Performance\nIn the 39th period (January 2026), operating revenue was 11,381 million yen, operating income was 6,882 million yen, and net income attributable to owners of parent was 6,124 million yen, achieving year-over-year revenue and profit growth. Distributions per unit were 3,100 yen (YoY +0.3%), achieving the plan as a result of capital gains contribution. NAV per unit stood at 165,145 yen (YoY +1.6%), increasing year-over-year due to property acquisitions at prices below the appraised value. Newly acquired property includes 'Toranomon Hills Mori Tower' in December 2025, with an acquisition price of 9.66 billion yen and an appraised value of 11.61 billion yen.\n\n### Capital Policy and Asset Management Strategy\nA decision was made to acquire treasury investment units with a cap of 1 billion yen or 6,800 units, representing 0.36% of the total investment units. The upward effect on DPU excluding capital gains is estimated at +8 yen per unit. Considering the outlook for property acquisitions, funding conditions from dispositions, and market environment, ongoing consideration will continue. Occupancy rates for office and residential assets remain at high levels, with ongoing rent increases through lease renewals and replacements. As of the fiscal year-end, book value LTV was 46.1%, appraisal LTV was 36.5%, average remaining debt maturity was 3.5 years, and credit rating was JCR AA (stable), maintaining a robust financial position.","jir_financial_highlights":"Operating Revenue: 11,381 million yen (YoY +157 million yen)\nOperating Income: 6,882 million yen (YoY +87 million yen)\nNet Income Attributable to Owners of Parent: 6,124 million yen (YoY +31 million yen)\nDistributions per Unit: 3,100 yen (YoY +0.3%)\nNAV per Unit: 165,145 yen (YoY +1.6%)\nNOI: 7,218 million yen (YoY +113 million yen)\nNOI Yield: 3.5% (\u25b30.1PT)\nProperty Acquisition Price (Weighted Average by Operational Days): 410,651 million yen (YoY +7,958 million yen)","jir_category":"","jir_hashtags":"#MoriHillsREITInvestmentCorporation, #FinancialPresentationMaterials, #JREIT","jir_key_figures":"Operating Revenue: 11,381 million yen (YoY +157 million yen)\nDistributions per Unit: 3,100 yen (YoY +0.3%)\nNew Acquisition \"Toranomon Hills Mori Tower\" Acquisition Price 9.66 billion yen, Appraised Value 11.61 billion yen","jir_meta_title":"Mori Hills REIT Investment Corporation 39th Period Financial Presentation\uff5cAchieving Revenue and Profit Growth with Operating Revenue of 11,381 million yen","jir_meta_description":"Mori Hills REIT Investment Corporation's 39th period (January 2026) financial presentation materials. Operating revenue of 11,381 million yen and net income attributable to owners of parent of 6,124 million yen, demonstrating year-over-year revenue and profit growth. Distributions per unit of 3,100 yen achieved as planned.","jir_og_title":"Mori Hills REIT Investment Corporation 39th Period Financial Presentation Released","jir_og_description":"Includes performance overview for January 2026 period and information on newly acquired properties. Achieved year-over-year revenue and profit growth and distributions per unit of 3,100 yen as planned.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":8728,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-35115","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>39th Period (January 2026) Financial Presentation Materials - 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-3234\/ir\/3234-20260317-02_wp_financial_summary\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3234\/ir\/3234-20260317-02_wp_financial_summary\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3234\/ir\/3234-20260317-02_wp_financial_summary\/\",\"name\":\"39th Period (January 2026) Financial Presentation Materials - 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