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Mitsubishi Estate Logistics REIT, Last Fiscal Year's Ordinary Profit Unexpectedly Increases, 9% Increase in The Current Fiscal Year

Thu Apr 16, 2026 3:30 pm JST Earnings

3481 Mitsubishi Estate Logistics REIT Investment Corporation

Earnings Report

Mitsubishi Estate Logistics REIT Investment Corporation <3481> [TSE REIT] announced its financial results after the market closed on April 16th (15:30). The ordinary profit for the fiscal year ended February 2026 increased by 1.4% from the previous period to 3.86 billion yen exceeding the previous forecast of 3.78 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending August 2026, the ordinary profit is expected to grow by 8.8% to 4.20 billion yen.

At the same time, the company increased the distribution for the previous term from 2832 yen to 2835 yen (compared to 2829 yen in the prior term), and plans to set the distribution for the current term at 3112 yen.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 9,108 5,133 4,794 4,793 3,173.0 3,173.67 Apr 17, 2025 J-GAAP
Aug, 2025 8,041 4,218 3,807 3,806 2,539.0 2,829 Oct 16, 2025 J-GAAP
Feb, 2026 8,153 4,317 3,861 3,860 2,599.0 2,835 Apr 16, 2026 J-GAAP
YoY +1.4% +2.3% +1.4% +1.4% +2.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2026 Guidance 8,137 4,249 3,783 3,782 2,546.8 2,832 Oct 16, 2025 J-GAAP
Feb, 2026 Results 8,153 4,317 3,861 3,860 2,599.0 2,835 Apr 16, 2026 J-GAAP
Revision Rate +0.2% +1.6% +2.1% +2.1% +2.1%

Current Period Guidance

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2025 8,041 4,218 3,807 3,806 2,539.0 2,829 Oct 16, 2025 J-GAAP
Feb, 2026 8,153 4,317 3,861 3,860 2,599.0 2,835 Apr 16, 2026 J-GAAP
Aug, 2026 Guidance 8,718 4,705 4,202 4,201 2,828.9 3,112 Apr 16, 2026 J-GAAP
YoY +6.9% +9.0% +8.8% +8.8% +8.8%

Quarterly Results

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