40th Term (FY February 2026) operating revenue of JPY 13,727 million (YoY +JPY 531 million), operating income of JPY 6,353 million (+JPY 502 million), net income of JPY 299 million (+JPY 299 million), distributions per unit of JPY 2,405 (forecast +JPY 34), total asset LTV at 51.3%<\/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":"3226","jir_company_name":"Mitsui Fudosan Accommodation Fund Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3226-20260416-02.pdf","jir_short_summary":"40th Term (FY February 2026) operating revenue of JPY 13,727 million (YoY +JPY 531 million), operating income of JPY 6,353 million (+JPY 502 million), net income of JPY 299 million (+JPY 299 million), distributions per unit of JPY 2,405 (forecast +JPY 34), total asset LTV at 51.3%","jir_summary":"### Performance Overview\nIn the 40th term (FY February 2026), Mitsui Fudosan Accommodation Fund Inc. recorded operating revenue of JPY 13,727 million (YoY +JPY 531 million), operating income of JPY 6,353 million (+JPY 502 million), and net income of JPY 299 million (+JPY 299 million). Distributions per unit were JPY 2,405, achieving an increase of JPY 34 compared to forecasts, representing distribution growth of approximately 4.5%. The average monthly occupancy rate remained high at 97.6%. Notably, rental rates increased with a turnover rent change rate of +15.6% and a renewal rent change rate of +1.9%.\n\n### Financial and Portfolio Status\nThe total asset LTV was stably managed at 51.3%. Although the weighted average interest rate rose slightly to 0.72% compared to the previous period, the ratio of long-term fixed liabilities remained high at 87.8%. The portfolio is concentrated with 88.9% investment in the 23 wards of Tokyo and 83.2% in single-compact type properties. During the 40th term, two properties were acquired for JPY 2.6 billion and one property was sold for JPY 700 million. Two properties totaling JPY 3.2 billion are planned for acquisition in the 41st term, with proactive strategic asset replacement underway. From a sustainability perspective, 33.9% of buildings have acquired green building certifications, and the GRESB rating achieved 1 Star\/Green Star.","jir_financial_highlights":"Operating Revenue: JPY 13,727 million (YoY +JPY 531 million)\nOperating Income: JPY 6,353 million (YoY +JPY 502 million)\nNet Income: JPY 299 million (YoY +JPY 299 million)\nDistributions Per Unit: JPY 2,405 (Forecast +JPY 34)\nTotal Asset LTV: 51.3 % (YoY \u00b10.0 points)\nAverage Monthly Occupancy Rate: 97.6 % (Forecast +0.1 points)\nWeighted Average Interest Rate: 0.72 % (YoY +0.10 points)","jir_category":"","jir_hashtags":"#MitsuiFudosanAccommodationFundInc, #FinancialResults, #JREIT","jir_key_figures":"Operating Revenue: JPY 13,727 million (YoY +JPY 531 million)\nDistributions Per Unit: JPY 2,405 (Forecast +JPY 34)\nTotal Asset LTV: 51.3% (Stably Managed)","jir_meta_title":"Mitsui Fudosan Accommodation Fund 2026 February Term Financial Results\uff5cOperating Revenue Up to JPY 13,727 Million","jir_meta_description":"40th term financial results for Mitsui Fudosan Accommodation Fund Inc. Operating revenue at JPY 13,727 million, operating income JPY 6,353 million, distributions per unit JPY 2,405, maintaining high levels. Focused investment in Tokyo 23 Wards and high occupancy rate are strengths.","jir_og_title":"Mitsui Fudosan Accommodation Fund 2026 February Term Financial Results\uff5cOperating Revenue Up to JPY 13,727 Million","jir_og_description":"In the 40th term, operating revenue recorded JPY 13,727 million, and distributions per unit reached JPY 2,405. Stable growth continues through high occupancy rates and strategic asset replacement.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Revenue Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"31st Term\\\",\\\"32nd Term\\\",\\\"33rd Term\\\",\\\"34th Term\\\",\\\"35th Term\\\",\\\"36th Term\\\",\\\"37th Term\\\",\\\"38th Term\\\",\\\"39th Term\\\",\\\"40th Term\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue\\\",\\\"data\\\":[11986,12217,12327,12344,12500,12586,12703,12828,13195,13727],\\\"borderColor\\\":\\\"#3e95cd\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":false}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"31st Term\\\",\\\"32nd Term\\\",\\\"33rd Term\\\",\\\"34th Term\\\",\\\"35th Term\\\",\\\"36th Term\\\",\\\"37th Term\\\",\\\"38th Term\\\",\\\"39th Term\\\",\\\"40th Term\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[4978,5279,5293,5427,5893,5770,5571,5794,6341,6353],\\\"borderColor\\\":\\\"#8e5ea2\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":false}}}}\"}, {\"jir_chart_id\": \"net_income_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Trend (Million JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"31st Term\\\",\\\"32nd Term\\\",\\\"33rd Term\\\",\\\"34th Term\\\",\\\"35th Term\\\",\\\"36th Term\\\",\\\"37th Term\\\",\\\"38th Term\\\",\\\"39th Term\\\",\\\"40th Term\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[256,506,632,526,811,938,1183,1067,944,299],\\\"borderColor\\\":\\\"#3cba9f\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"distribution_per_unit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Distributions Per Unit Trend (JPY)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"31st Term\\\",\\\"32nd Term\\\",\\\"33rd Term\\\",\\\"34th Term\\\",\\\"35th Term\\\",\\\"36th Term\\\",\\\"37th Term\\\",\\\"38th Term\\\",\\\"39th Term\\\",\\\"40th Term\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Distributions Per Unit\\\",\\\"data\\\":[10035,10485,10299,10778,10645,11459,11064,11306,2324,2405],\\\"borderColor\\\":\\\"#e8c3b9\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"occupancy_rate_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Average Monthly Occupancy Rate Trend (%)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"31st Term\\\",\\\"32nd Term\\\",\\\"33rd Term\\\",\\\"34th Term\\\",\\\"35th Term\\\",\\\"36th Term\\\",\\\"37th Term\\\",\\\"38th Term\\\",\\\"39th Term\\\",\\\"40th Term\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Occupancy Rate\\\",\\\"data\\\":[96.2,97.3,97.3,97.1,96.9,97.1,96.8,97.5,97.5,97.6],\\\"borderColor\\\":\\\"#f39c12\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":false,\\\"max\\\":100}}}}\"}]","ir_related_company":8090,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-41091","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n