Mitsui Fudosan Accommodations Fund Inc. [3226.T]
TOKYO, Apr 16 (Pulse News Wire) – Mitsui Fudosan Accommodations Fund Inc. (3226.T) reported higher-than-estimated results for the quarter ended February 2026.
Operating profit reached ¥6.341 billion, up from ¥5.850 billion in the same period last year. Net income stood at ¥5.850 billion, marking a significant increase compared to the previous fiscal year's corresponding quarter. The fund’s revenue saw a notable rise, driven primarily by existing property operations and gains from asset transfers.
Despite increased operational expenses, the firm managed to maintain strong profitability due to efficient cost management and robust occupancy rates. The average monthly occupancy rate improved slightly to 97.6%, reflecting stable demand across its portfolio. Looking ahead, the company forecasts continued growth in operating revenues but anticipates a slight decline in net income for the next two quarters due to planned asset disposals and higher interest payments.
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