The tender offer period was extended to April 28, 2026, totaling 76 business days. The dividend forecast for the fiscal year ending February 2026 was revised to zero dividend, with an impairment loss of 4,933 million yen expected to be recorded.<\/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":"2972","jir_company_name":"Sankei Real Estate Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/2972-20260414-01.pdf","jir_short_summary":"The tender offer period was extended to April 28, 2026, totaling 76 business days. The dividend forecast for the fiscal year ending February 2026 was revised to zero dividend, with an impairment loss of 4,933 million yen expected to be recorded.","jir_summary":"### Overview of Changes to Tender Offer Conditions\nTiger Investment Business Limited Partnership and Lion Investment Business Limited Partnership have extended the tender offer period for the investment units of Sankei Real Estate Investment Corporation, which began on January 7, 2026, until April 28, 2026, totaling 76 business days. The tender offer price remains unchanged at 125,000 yen. With the extension of the tender offer period, unitholders were expected to have the opportunity to receive both the dividend for the fiscal year ending February 2026 and the tender offer price. However, following the target corporation\u2019s announcement on April 13, 2026, revising the dividend forecast to zero and disclosing an expected impairment loss of 4,933 million yen, a correction to the tender offer registration statement was submitted.\n\n### Operating Status of the Target Corporation and Revision of Dividend Forecast\nDue to tenant changes at the Fukuoka Green Building and delays in renovation work, the target corporation expects significantly reduced revenues and profits for the fiscal year ending February 2027. For the fiscal year ending February 2026, the forecast has been revised to operating revenue of 2,882 million yen, operating loss of 3,323 million yen, ordinary loss of 3,564 million yen, net income attributable to owners of parent of 4,009 million yen, and 0 yen dividend (no dividend), representing a 2,773 yen decrease in the dividend from the previous forecast. As a result, no dividend is expected to be received during the tender offer period, although the tender offer price remains unchanged.","jir_financial_highlights":"Tender Offer Period: January 7, 2026 \u2013 April 28, 2026 (76 business days) (Extended (originally 68 business days until April 16, 2026))\nTender Offer Price: 125,000 yen (No change)\nDividend Forecast for Fiscal Year Ending February 2026: 0 yen (no dividend) (100.0% decrease from previous forecast of 2,773 yen)\nImpairment Loss (Fiscal Year Ending February 2026): 4,933 million yen (Newly recorded expected)","jir_category":"","jir_hashtags":"#SankeiRealEstateInvestmentCorporation, #TenderOffer, #JREIT","jir_key_figures":"Tender Offer Period: January 7, 2026 \u2013 April 28, 2026 (76 business days)\nTender Offer Price: 125,000 yen (no change)\nDividend Forecast for Fiscal Year Ending February 2026: 0 yen (no dividend, decreased from previous forecast of 2,773 yen)\nImpairment Loss (Fiscal Year Ending February 2026): Expected recording of 4,933 million yen","jir_meta_title":"Sankei Real Estate Investment Corporation: Tender Offer Period Extension and Dividend Zero Revision | April 2026","jir_meta_description":"The tender offer period for Sankei Real Estate Investment Corporation has been extended until April 28, 2026. The dividend forecast for the fiscal year ending February 2026 was revised to zero, with an impairment loss of 4,933 million yen expected.","jir_og_title":"Sankei Real Estate Investment Corporation: Tender Offer Period Extension and Dividend Zero Revision | April 2026","jir_og_description":"Announcement regarding the extension of the tender offer period, revision to zero dividend for the fiscal year ending February 2026, and recording of impairment loss.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17224,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-40796","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n