Nippon Prologis REIT Posts Stable Results and Keeps Payouts Steady as It Guides for Mild Earnings Dip

An update from Nippon Prologis REIT, Inc. ( (JP:3283) ) is now available.

Nippon Prologis REIT reported modest growth in operating revenues to ¥35.08 billion for the six months ended November 30, 2025, while operating income, ordinary income and net income slipped slightly versus the prior period, reflecting stable but plateauing profitability in its logistics-focused portfolio. Net income per unit edged up to ¥1,830 and the REIT maintained a full payout of earnings with distributions per unit of ¥1,920 (including ¥90 of surplus cash distributions), while its balance sheet remained solid with total assets of about ¥900 billion, net assets of ¥498.3 billion, and an equity ratio of 55.4%. For the fiscal periods ending May 31 and November 30, 2026, the trust forecasts a temporary dip in revenues and profits followed by a modest recovery, and plans to keep per-unit distributions broadly stable around the current level, signaling a continued focus on steady income and capital return for unitholders despite a slightly softer near-term earnings outlook.

The most recent analyst rating on (JP:3283) stock is a Hold with a Yen91700.00 price target. To see the full list of analyst forecasts on Nippon Prologis REIT, Inc. stock, see the JP:3283 Stock Forecast page.

More about Nippon Prologis REIT, Inc.

Nippon Prologis REIT, Inc. is a Tokyo Stock Exchange-listed Japanese real estate investment trust focused on logistics facilities, managed by Prologis REIT Management K.K. It invests primarily in modern distribution and logistics properties, providing stable income from a portfolio of large-scale warehouses and related assets that support e-commerce and supply-chain infrastructure in Japan.

Average Trading Volume: 14,830

Technical Sentiment Signal: Buy

Current Market Cap: Yen800.3B

For detailed information about 3283 stock, go to TipRanks’ Stock Analysis page.