Ichigo Hotel REIT Investment Corporation announced its financial results on 17 September. Ordinary profit for the fiscal year ending July 2026 fell 9.1% year on year to ¥1.23 billion, and is expected to fall a further 17.8% year on year to ¥1.01 billion in the fiscal year ending January 2027.
Ichigo Hotel REIT Investment Corporation released its financial results and presented its outlook for future performance, forecasting ordinary profit of ¥1.23 billion for the fiscal year ending July 2026, down 9.1% year on year, and ¥1.01 billion for the fiscal year ending January 2027, down 17.8% year on year. Profit is expected to decline by a greater margin than in the previous fiscal year, indicating a cautious view of the full-year profit environment. The financial results were released after the market close on 17 September.
The company also announced a policy of setting the distribution for the current fiscal year at ¥3,091. At the same time, the distribution for the previous fiscal year was raised from ¥3,566 to ¥3,761, while the distribution for the fiscal year before that was ¥4,136. As a result, the distribution level is expected to increase. The earnings summary report PDF was released, presenting indicators including results by fiscal period and revised per-unit distribution amounts.