Nippon REIT Investment Corporation announced that ordinary profit for the fiscal year ending June 2026 is expected to fall 23.5% year on year to ¥5.09 billion, followed by an 18.8% decline to ¥4.13 billion for the fiscal year ending December 2026. It also announced plans to increase the distribution for the previous fiscal year and set the distribution for the current fiscal year at ¥2,300.
In its earnings release after the close on 20 August, Nippon REIT Investment Corporation reported ordinary profit of ¥5.09 billion for the fiscal year ending June 2026, down 23.5% year on year, and disclosed that ordinary profit for the fiscal year ending December 2026 is expected to fall 18.8% year on year to ¥4.13 billion.
The distribution for the previous fiscal year will be increased from ¥2,433 to ¥2,516. Meanwhile, the company announced plans to set the distribution for the current fiscal year at ¥2,300.
As of 16:40, the share price was ¥82,400, up ¥1,100 from the previous day.