Nippon Prologis REIT, Inc. announced after the market close on 28 August that it had revised its ordinary profit forecast for the fiscal year ending November 2026 upward from its previous forecast, expanding the projected increase from 0.8% to 10.1%. It also announced plans to raise the distribution from ¥1,938 to ¥1,971, putting it on track to post a record profit for the first time in 3 fiscal periods.
According to the earnings revision announced by Nippon Prologis REIT, Inc. after the market close on 28 August, ordinary profit for the fiscal year ending November 2026 was raised to ¥15.8 billion from the previous forecast of ¥14.5 billion, representing a 9.3% upward revision from the previous fiscal year's ¥14.3 billion. The projected profit growth was expanded from 0.8% to 10.1%, putting the company on track to post a record profit for the first time in 3 fiscal periods.
The plan also called for the distribution to be raised from ¥1,938 to ¥1,971. The distribution was ¥1,928 in the previous fiscal year. Kabutan News reported these figures based on the numerical data.
Kabutan News identified Mitsui Fudosan Logistics Park, Mitsubishi Estate Logistics REIT, and Nippon Logistics Fund among the related securities, and stated that the article was prepared based on publicly disclosed corporate data.