For the fiscal year ending February 2026, NOI reached 20.67 billion yen (initial forecast +1.2%), cruising DPU was 2,741 yen (initial forecast +3.3%), and DPU was 3,399 yen (initial forecast 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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":"3281","jir_company_name":"GLP Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3281-20260413-04.pdf","jir_short_summary":"For the fiscal year ending February 2026, NOI reached 20.67 billion yen (initial forecast +1.2%), cruising DPU was 2,741 yen (initial forecast +3.3%), and DPU was 3,399 yen (initial forecast +9.6%).","jir_summary":"### Business Overview\nFor the fiscal year ending February 2026, accelerated rent growth and promotion of asset sales contributed to achieving a cruising DPU of 2,741 yen (initial forecast +3.3%) and a DPU of 3,399 yen (initial forecast +9.6%). NOI reached 20.67 billion yen, exceeding the initial forecast, and the occupancy rate was maintained at a high level of 97.9%. Although there was some decline due to asset sales and occupancy rate decreases, strong internal growth boosted earnings.\n\n### Growth Strategy and Market Environment\nThe logistics real estate markets in the Tokyo metropolitan area and Kansai region are showing improving vacancy rates, and a significant supply reduction is expected toward 2027. The potential for rent increases is expanding, and rent growth maintained a high level of 9.0% (fiscal year ending February 2026). More than 90% of contracts are inflation-indexed, and the effective WALE is 2.7 years, securing long-term stable rental income. In capital allocation, a maximum treasury unit acquisition framework of 13 billion yen has been set, along with plans to raise distributions exceeding profits.","jir_financial_highlights":"NOI: 20,668 million yen (Initial forecast +1.2%)\nCruising DPU: 2,741 yen (Initial forecast +3.3%)\nDPU: 3,399 yen (Initial forecast +9.6%)\nOccupancy Rate: 97.9% (Initial forecast -0.3%)\nNet Income: 14,896 million yen (Unknown)\nOutstanding Investment Units: 4,797,731 units (Unknown)","jir_category":"","jir_hashtags":"#GLPInvestmentCorporation, #FinancialPresentation, #JREIT","jir_key_figures":"NOI: 20,668 million yen (Initial forecast +1.2%)\nCruising DPU: 2,741 yen (Initial forecast +3.3%)\nDPU: 3,399 yen (Initial forecast +9.6%)","jir_meta_title":"\u3010GLP Investment Corporation\u3011FY Ending February 2026 Financial Results\uff5cCruising DPU of 2,741 yen (+3.3%) Achieved","jir_meta_description":"Financial presentation materials for GLP Investment Corporation's fiscal year ending February 2026. Achieved NOI of 20.67 billion yen, cruising DPU of 2,741 yen (+3.3% vs initial forecast), and DPU of 3,399 yen (+9.6%), highlighting improvements in the logistics real estate market and growth strategies.","jir_og_title":"\u3010GLP Investment Corporation\u3011FY Ending February 2026 Financial Results\uff5cCruising DPU of 2,741 yen (+3.3%) Achieved","jir_og_description":"GLP Investment Corporation's financial results for the fiscal year ending February 2026. Achieved NOI of 20.67 billion yen, cruising DPU of 2,741 yen (+3.3%), and DPU of 3,399 yen (+9.6%). Explains growth strategies in the logistics real estate market.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":7714,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-40287","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n