Operating revenue for the fiscal period ending February 2026 was 4,690 million yen (12.0% decrease YoY), net income was 1,922 million yen (22.4% decrease YoY), and dividend distribution amounted to 2,386 yen per unit. The number of outstanding investment units was 805,404.<\/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":"3290","jir_company_name":"One REIT 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\/3290-20260414-01.pdf","jir_short_summary":"Operating revenue for the fiscal period ending February 2026 was 4,690 million yen (12.0% decrease YoY), net income was 1,922 million yen (22.4% decrease YoY), and dividend distribution amounted to 2,386 yen per unit. The number of outstanding investment units was 805,404.","jir_summary":"### Performance Overview\nFor the fiscal period ending February 2026, operating revenue was 4,690 million yen, a 12.0% decrease YoY; operating income was 2,353 million yen (17.9% decrease YoY); ordinary income was 1,923 million yen (22.6% decrease YoY); and net income attributable to owners of parent was 1,922 million yen (22.4% decrease YoY). Dividend per investment unit was 2,386 yen. Applying the special tax measures law that allows maximum deductibility of dividend payout, almost the entire amount of undistributed income after deducting internally reserved amounts carried over from previous periods was distributed. The number of outstanding investment units has significantly increased to 805,404 units from 268,468 units as of the August 2025 period.\n\n### Asset Management and Financial Position\nAt the end of the period, the portfolio comprised 28 properties (total acquisition cost of 122,588 million yen), with a total rentable area of 157,059.07\u33a1 and an occupancy rate of 97.3%. As part of the asset replacement strategy, ONEST Minami-Otsuka Building and Shinkawa 1-Chome Building were sold, and Candeo Hotels Kyoto Karasuma Rokkaku was acquired. Interest-bearing debt balance was 65,394 million yen with an LTV of 48.5%. New investment units were issued in March 2026, partially financing acquisitions. Going forward, the focus will be on qualitative enhancement and enlarging the portfolio scale, mainly comprising small to medium-sized office buildings, but also including hotels, residential, and commercial facilities.\n\n### Outlook\nFor the fiscal periods ending August 2026 and February 2027, operating revenues are forecasted at 5,006 million yen and 5,226 million yen, respectively, with net incomes of 1,812 million yen and 1,832 million yen. Dividends per unit are planned at 2,170 yen, assuming the drawdown of internal reserves. While attention must be paid to economic factors such as U.S. trade policies and Middle East conditions, the office building rental market is expected to maintain solid demand. The hotel market is also anticipated to benefit from inbound demand recovery.","jir_financial_highlights":"Operating Revenue: 4,690 million yen (12.0% decrease YoY)\nOperating Income: 2,353 million yen (17.9% decrease YoY)\nOrdinary Income: 1,923 million yen (22.6% decrease YoY)\nNet Income Attributable to Owners of Parent: 1,922 million yen (22.4% decrease YoY)\nDividend per Unit: 2,386 yen (Decrease YoY (The change from 8,329 yen to 2,386 yen reflects the impact of unit split))\nNumber of Outstanding Investment Units: 805,404 units (Significant increase YoY (from 268,468 units to 805,404 units))\nTotal Assets: 134,898 million yen (Almost flat YoY)\nInterest-bearing Debt Balance: 65,394 million yen (Increase YoY)\nLTV (Loan-to-Value Ratio): 48.5% (Unknown)","jir_category":"","jir_hashtags":"#OneREITInvestmentCorporation, #FinancialSummary, #REIT, #RealEstateInvestmentTrust, #FiscalPeriodEndingFebruary2026","jir_key_figures":"Operating Revenue: 4,690 million yen (12.0% decrease YoY)\nNet Income Attributable to Owners of Parent: 1,922 million yen (22.4% decrease YoY)\nNumber of Outstanding Investment Units: 805,404 units (significant increase YoY)","jir_meta_title":"\u3010One REIT Investment Corporation\u3011Financial Results for Fiscal Period Ending February 2026\uff5cOperating Revenue 4.69 Billion Yen (12.0% Decrease YoY)","jir_meta_description":"Financial summary for One REIT Investment Corporation for the fiscal period ending February 2026. Operating revenue was 4,690 million yen (12.0% decrease YoY), net income was 1,922 million yen (22.4% decrease YoY), and dividend per unit was 2,386 yen. Number of outstanding investment units: 805,404.","jir_og_title":"\u3010One REIT Investment Corporation\u3011Financial Results for Fiscal Period Ending February 2026\uff5cOperating Revenue 4.69 Billion Yen (12.0% Decrease YoY)","jir_og_description":"Announcement of financial summary for One REIT Investment Corporation for the fiscal period ending February 2026: operating revenue of 4,690 million yen, net income of 1,922 million yen, and dividend per unit of 2,386 yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Revenue Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Period Ending August 2025\\\",\\\"Fiscal Period Ending February 2026\\\",\\\"Forecast August 2026\\\",\\\"Forecast February 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue\\\",\\\"data\\\":[5332,4690,5006,5226],\\\"backgroundColor\\\":\\\"#007bff\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Period Ending August 2025\\\",\\\"Fiscal Period Ending February 2026\\\",\\\"Forecast August 2026\\\",\\\"Forecast February 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[2866,2353,2383,2516],\\\"backgroundColor\\\":\\\"#28a745\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (million yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Period Ending August 2025\\\",\\\"Fiscal Period Ending February 2026\\\",\\\"Forecast August 2026\\\",\\\"Forecast February 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"data\\\":[2477,1922,1812,1832],\\\"backgroundColor\\\":\\\"#dc3545\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"distribution_per_unit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Dividend per Unit Trend (yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Period Ending August 2025\\\",\\\"Fiscal Period Ending February 2026\\\",\\\"Forecast August 2026\\\",\\\"Forecast February 2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Dividend per Unit\\\",\\\"data\\\":[8329,2386,2170,2170],\\\"backgroundColor\\\":\\\"#ffc107\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"issued_units_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Number of Outstanding Investment Units Trend (units)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Fiscal Period Ending August 2025\\\",\\\"Fiscal Period Ending February 2026\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Number of Outstanding Investment Units\\\",\\\"data\\\":[268468,805404],\\\"backgroundColor\\\":\\\"#17a2b8\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":16964,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-40802","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n