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The asset scale stood at JPY 463.5 billion, with an LTV of 46.8%, maintaining a stable financial foundation.","jir_summary":"### Overview of the Fiscal Year Ending February 2026 Results\nIn the fiscal year ending February 2026, Mori Trust REIT, Inc. recorded operating revenues of JPY 11,584 million and net income attributable to owners of parent of JPY 6,537 million, surpassing forecasts. Distribution per unit was JPY 1,837, slightly lower than the previous fiscal year but higher than the forecast, maintaining a high level. The asset scale remained nearly unchanged at JPY 463.5 billion, with an LTV of 46.8%, indicating a stable financial position. Occupancy rate remained high at 99.6%, reflecting the success of internal growth strategies in both office and hotel segments.\n\n### Earnings Guidance and Growth Strategy\nFor the fiscal years ending August 2026 and February 2027, earnings guidance anticipates accelerated internal growth driven by rent revisions in office properties. Although the hotel segment faces headwinds from deteriorating Japan-China relations and the absence of special demand from the Osaka Expo, a steady performance is expected. Distributions are projected to remain in the JPY 1,800 range, with an upward revision from prior guidance. External growth strategies involve leveraging sponsor support to enhance portfolio quality and expand asset scale through property acquisitions and replacements. Progress in ESG initiatives has been made, with all properties having acquired environmental certifications.","jir_financial_highlights":"Operating Revenues: JPY 11,584 million (Above forecast by JPY 113 million)\nNet Income Attributable to Owners of Parent: JPY 6,537 million (Above forecast by JPY 165 million)\nDistribution per Unit: JPY 1,837 (Down JPY 17 (\u25b20.9%) YoY, Up JPY 46 (+2.6%) vs Forecast)\nAsset Scale: JPY 463.5 billion (Unchanged YoY)\nLTV (book value basis): 46.8% (No change YoY)\nOccupancy Rate (sublease basis): 99.6% (Down 0.1 pt YoY)\nAppraised Value at Period End: JPY 536.4 billion (Up JPY 37.7 billion YoY)\nUnrealized Gains: JPY 94.4 billion (Up JPY 38.1 billion YoY)","jir_category":"","jir_hashtags":"#MoriTrustREITInc, #FinancialResults, #REIT","jir_key_figures":"Operating Revenues: JPY 11,584 million (Above forecast by JPY 113 million)\nNet Income Attributable to Owners of Parent: JPY 6,537 million (Above forecast by JPY 165 million)\nDistribution per Unit: JPY 1,837 (Down 0.9% YoY, Up 2.6% vs Forecast)","jir_meta_title":"Mori Trust REIT, Inc. Fiscal Year Ending February 2026 Results\uff5cOperating Revenues JPY 11.584 Billion (Exceeding Forecast)","jir_meta_description":"Announcement of Mori Trust REIT, Inc.'s fiscal year ending February 2026 results. Operating revenues of JPY 11,584 million, net income attributable to owners of parent of JPY 6,537 million, and distribution per unit of JPY 1,837 exceeded forecasts. Asset scale at JPY 463.5 billion with stable LTV of 46.8%.","jir_og_title":"Mori Trust REIT, Inc. Fiscal Year Ending February 2026 Results\uff5cOperating Revenues JPY 11.584 Billion (Exceeding Forecast)","jir_og_description":"Recorded operating revenues of JPY 11,584 million and net income attributable to owners of parent of JPY 6,537 million in the fiscal year ending February 2026. 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