{"id":36635,"date":"2026-03-25T17:33:44","date_gmt":"2026-03-25T08:33:44","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8952-20260325-01_wp_capital_policy\/"},"modified":"2026-03-25T17:33:44","modified_gmt":"2026-03-25T08:33:44","slug":"8952-20260325-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8952\/ir\/8952-20260325-01_wp_capital_policy\/","title":{"rendered":"Notice Regarding the Determination of Price and Other Details for New Investment Unit Issuance and Investment Unit Offering"},"content":{"rendered":"<p>Japan Real Estate Investment Corporation will issue 161,200 new investment units at an issue price of 115,898 yen per unit, totaling approximately 18.68 billion yen. The total payment amount is approximately 18.11 billion yen, scheduled for payment on April 1, 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":"8952","jir_company_name":"Japan Real Estate Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8952-20260325-01.pdf","jir_short_summary":"Japan Real Estate Investment Corporation will issue 161,200 new investment units at an issue price of 115,898 yen per unit, totaling approximately 18.68 billion yen. The total payment amount is approximately 18.11 billion yen, scheduled for payment on April 1, 2026.","jir_summary":"### Overview of Capital Policy\nJapan Real Estate Investment Corporation decided the price for the issuance of new investment units and investment unit offering at the board meeting held on March 19, 2026, with the determination made on March 25, 2026. The general offering consists of 161,200 units, of which 70,493 units are for European and Asian overseas investors. The issue price is 115,898 yen per unit, and the payment price is 112,350 yen per unit, with a total payment scheduled of approximately 18.11 billion yen. The overallotment offering consists of 8,060 units, and the third-party allotment for new investment units expects a maximum payment receipt of approximately 905 million yen.\n\n### Use of Proceeds and Future Outlook\nThe net proceeds of approximately 18.11 billion yen from the general offering will be allocated to the acquisition funds of domestic real estate and domestic real estate trust beneficiary rights announced on March 19, 2026, and partial repayment of short-term borrowings of 15 billion yen. The cap on the proceeds from the third-party allotment will be held as cash on hand to be applied for specific asset acquisitions or debt repayments in the future. The issue price was calculated based on the closing price on March 25, 2026, less expected distributions and a 2.00% discount rate. The payment date is April 1, 2026, with settlement scheduled for April 2.","jir_financial_highlights":"Number of new investment units issued: 161,200 units (Unknown)\nIssue price (subscription price): 115,898 yen per unit (Unknown)\nTotal issue price (total subscription price): 18,682,757,600 yen (Unknown)\nPayment amount (issue price): 112,350 yen per unit (Unknown)\nTotal payment amount: 18,110,820,000 yen (Unknown)\nNumber of investment units offered by overallotment: 8,060 units (Unknown)\nTotal payment amount for new investment unit issuance by third-party allotment (cap): 905,541,000 yen (Unknown)","jir_category":"","jir_hashtags":"#JapanRealEstateInvestmentCorporation, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Number of new investment units issued: 161,200 units (of which 70,493 units are for overseas investors)\nIssue price (subscription price): 115,898 yen per unit\nTotal payment amount: 18,110,820,000 yen","jir_meta_title":"Japan Real Estate Investment Corporation Decides to Issue 161,200 New Units, Raising Approximately 18.6 Billion Yen","jir_meta_description":"On March 25, 2026, Japan Real Estate Investment Corporation determined the issue price of 161,200 new investment units at 115,898 yen per unit. Raising approximately 18.6 billion yen to be allocated for acquisition funds and debt repayment.","jir_og_title":"Japan Real Estate Investment Corporation Announces New Investment Unit Issue Price","jir_og_description":"Issuing 161,200 new investment units, raising approximately 18.6 billion yen to be applied to acquisition funds and debt repayment.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7608,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-36635","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 the Determination of Price and Other Details for New Investment Unit Issuance and Investment Unit 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-8952\/ir\/8952-20260325-01_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-8952\/ir\/8952-20260325-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8952\/ir\/8952-20260325-01_wp_capital_policy\/\",\"name\":\"Notice Regarding the Determination of Price and Other Details for New Investment Unit Issuance and Investment Unit Offering - 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