TSE:8954Office REITs
Orix JREIT (TSE:8954) Cash Flow Coverage Concerns Challenge Bullish Narratives
ORIX JREIT (TSE:8954) has just posted FY 2026 results that put the focus on top line scale and earnings power, with second half revenue at ¥31.2 billion and basic EPS of ¥2,609.42, while trailing twelve month EPS reached ¥4,873.19 on revenue of ¥59.6 billion alongside 19.4% earnings growth and a net profit margin of 45.1% versus 43.6% a year earlier. Over recent periods, revenue has stepped up from ¥25.6 billion in FY 2025 H2 to ¥28.4 billion in FY 2026 H1 and then ¥31.2 billion in FY 2026...