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Nippon Building ( (JP:8951) ) has issued an announcement.
Nippon Building Fund Inc. has sharply raised its forecast for the six months ending June 30, 2026, projecting operating revenues of ¥53.9 billion and net income of ¥24.1 billion, up 11.6% and 25.0% respectively from its previous outlook, while nudging its distribution per unit to ¥2,460 despite a higher assumed unit count and increased provisioning for reserve for reduction entry. For the following half-year to December 31, 2026, the REIT forecasts operating revenues of ¥50.6 billion, net income of ¥20.0 billion and a distribution of ¥2,465 per unit, signaling expectations of continued earnings strength and stable cash returns, underpinned by reserve reversals and suggesting resilient property income and disciplined distribution policy for investors.
The most recent analyst rating on (JP:8951) stock is a Buy with a Yen153828.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
More about Nippon Building
Nippon Building Fund Inc. is a Japanese real estate investment trust (REIT) listed on the Tokyo Stock Exchange that invests primarily in income-producing office and related commercial properties, generating stable rental income for its unitholders. The fund is managed by Nippon Building Fund Management Ltd., which oversees asset management and capital allocation to support long-term, stable distributions in Japan’s real estate market.
Average Trading Volume: 18,218
Technical Sentiment Signal: Buy
Current Market Cap: Yen1230B
See more data about 8951 stock on TipRanks’ Stock Analysis page.