Japan Metropolitan Fund Investment (8953) Q4 2025 earnings summary

Executive summary

• Operating revenues increased to ¥49,325 million for the six months ended August 31, 2025, up from ¥46,315 million year-over-year.

• Net income rose to ¥21,697 million from ¥19,799 million in the prior six-month period.

• Portfolio occupancy improved to 99.4% from 98.4%, with 3,272 tenants at period-end.

Financial highlights

• Total assets reached ¥1,329,366 million as of August 31, 2025, up from ¥1,323,633 million at the previous fiscal period-end.

• Net assets increased to ¥649,381 million from ¥647,918 million.

• Operating income was ¥25,032 million, up from ¥24,198 million year-over-year.

• Ordinary income rose to ¥21,698 million from ¥19,800 million.

• Cash and cash equivalents at period-end were ¥75,826 million, up from ¥47,470 million.

Outlook and guidance

• Portfolio occupancy remains robust at 99.4%, supporting stable rental income.

• Continued focus on maintaining high occupancy and stable cash flows.