Interim report
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GLP J - REIT ( 3281 ) Financial Results for the fiscal period ended August 31 , 2026 SUMMARY OF FINANCIAL RESULTS ( REIT ) For the 29th Fiscal Period Ended August 31 , 2026 < Under Japanese GAAP > October 15 , 2026 Name of REIT Issuer : Securities Code : Representative : Name of Asset Manager : Representative : Contact : Scheduled date to file securities report : GLP J - REIT 3281 Stock Exchange Listing : TSE URL https://www.glpjreit.com/ ( Name ) Yuma Kawatsuji , ( Title ) Executive Director GLP Japan Advisors Inc. ( Name ) Yuma Kawatsuji , ( Title ) President ( Name ) Shinji Yagiba , ( Title ) CFO TEL : + 81-3-6897-8810 November 27 , 2026 Scheduled date to commence distribution payments : Supplementary materials for financial results : Holding of financial results briefing session : November 16 , 2026 Yes No ( Japanese / English ) Yes ⚫ No ( For institutional investors and analysts , in Japanese ) ( Amounts are rounded down to the nearest million yen ) 1. Financial Results for the Fiscal Period Ended August 31 , 2026 ( From March 1 , 2026 to August 31 , 2026 ) ( 1 ) Operating Results [ Percentages indicate period - on - period changes ] Ordinary income Operating revenues Period ended August 31 , 2026 February 28 , 2026 Million yen 30,454 28,821 % 5.7 ( 5.5 ) Operating income Million yen 17,328 16,482 Net income % 5.1 ( 6.6 ) Million yen 15,534 14,896 % 4.3 Million yen 15,532 % ( 7.3 ) 14,896 4.3 ( 7.3 ) Period ended August 31 , 2026 February 28 , 2026 ( 2 ) Distributions Net income per unit Yen 3,248 3,104 Return on unitholders ' equity Ordinary income to total assets Ordinary income to operating revenues % % % 3.5 1.7 51.0 3.3 1.7 51.7 Period ended August 31 , 2026 February 28 , 2026 Distributions ( excluding OPDS * ) Optimal payable distributions ( OPDs ) Distributions ( including OPDs ) Per Unit Total Per Unit Total Per Unit Payout ratio Distributions to net assets Total Yen Million yen Yen Million yen Yen Million yen % % 3,267 3,105 393 1,868 3,660 17,398 99.9 3.5 294 1,410 3,399 16,307 100.0 3.3 15,529 14,896 * The " OPDs " stand for " Optimal Payable Distributions " that mean distributions in excess of retained earnings . ( Note 1 ) Payout ratio is rounded down to the first decimal place . Payout ratio was calculated as follows since own investment units were acquired and cancelled for the period ended August 31 , 2026 . Payout ratio = Total distributions ( excluding OPDs ) / Net income x 100 ( Note 2 ) Payout ratio and distributions to net assets ratio are calculated on the basis of excluding OPDs . ( Note 3 ) All of the amounts of OPDs for the periods ended August 31 , 2026 and February 28 , 2026 are the refund of investment categorized as a distribution from unitholders ' capital for tax purposes . The OPDs for the periods ended August 31 , 2026 and February 28 , 2026 include a temporary OPD of 25 yen per unit , respectively . Please see " ( iv ) Overview of Financial Results and Cash Distributions " on page 4 . ( Note 4 ) Retained earnings have decreased at a rate of 0.005 and 0.004 for the periods ended August 31 , 2026 and February 28 ,