Nippon Prologis REIT to Split Units Three-for-One, Cuts Distribution Forecast

MT Newswires Live2025-04-18

Nippon Prologis REIT (TYO:3283) will split its investment units three-for-one on June 1 to broaden its investor base under Japan's expanded Nippon Individual Savings Account (NISA) tax program, according to a Thursday filing on the Tokyo Stock Exchange.

The move will increase the number of units in circulation to 8.52 million from 2.84 million, assuming no change from the current figure. The total number of issuable units will also be tripled to 30 million through an amendment to the Articles of Incorporation.

The effective record date for the split is May 30, as the official May 31 date falls on a holiday.

As a result, NPR revised its distribution forecast for the six months ending Nov. 30 to 1,868 yen per unit from 5,604 yen. The underlying forecast remains unchanged, with the cut reflecting only the change in unit count.

The estimate includes a 100 yen surplus cash distribution. The forecast for the current period to May 31 remains at 5,600 yen per unit.

NPR had previously said it would cancel any units repurchased by May 23. The actual number of post-split units will depend on the final buyback amount.

Price (JPY): $238000.00, Change: $+400, Percent Change: +0.17%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2528704591?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-18 09:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2528704591","market":"hk","top_or_hot":-1,"title":"Nippon Prologis REIT to Split Units Three-for-One, Cuts Distribution Forecast","media":"MT Newswires Live","content":"<html><body><p> Nippon Prologis REIT (TYO:3283) will split its investment units three-for-one on June 1 to broaden its investor base under Japan's expanded Nippon Individual Savings Account (NISA) tax program, according to a Thursday filing on the Tokyo Stock Exchange.</p><p>The move will increase the number of units in circulation to 8.52 million from 2.84 million, assuming no change from the current figure. The total number of issuable units will also be tripled to 30 million through an amendment to the Articles of Incorporation.</p><p>The effective record date for the split is May 30, as the official May 31 date falls on a holiday.</p><p>As a result, NPR revised its distribution forecast for the six months ending Nov. 30 to 1,868 yen per unit from 5,604 yen. The underlying forecast remains unchanged, with the cut reflecting only the change in unit count.</p><p>The estimate includes a 100 yen surplus cash distribution. The forecast for the current period to May 31 remains at 5,600 yen per unit.</p><p>NPR had previously said it would cancel any units repurchased by May 23. The actual number of post-split units will depend on the final buyback amount.</p><p>Price (JPY): $238000.00, Change: $+400, Percent Change: +0.17%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nippon Prologis REIT to Split Units Three-for-One, Cuts Distribution Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNippon Prologis REIT to Split Units Three-for-One, Cuts Distribution Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-18 09:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Nippon Prologis REIT (TYO:3283) will split its investment units three-for-one on June 1 to broaden its investor base under Japan's expanded Nippon Individual Savings Account (NISA) tax program, according to a Thursday filing on the Tokyo Stock Exchange.</p><p>The move will increase the number of units in circulation to 8.52 million from 2.84 million, assuming no change from the current figure. The total number of issuable units will also be tripled to 30 million through an amendment to the Articles of Incorporation.</p><p>The effective record date for the split is May 30, as the official May 31 date falls on a holiday.</p><p>As a result, NPR revised its distribution forecast for the six months ending Nov. 30 to 1,868 yen per unit from 5,604 yen. The underlying forecast remains unchanged, with the cut reflecting only the change in unit count.</p><p>The estimate includes a 100 yen surplus cash distribution. The forecast for the current period to May 31 remains at 5,600 yen per unit.</p><p>NPR had previously said it would cancel any units repurchased by May 23. The actual number of post-split units will depend on the final buyback amount.</p><p>Price (JPY): $238000.00, Change: $+400, Percent Change: +0.17%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REIT","symbol_name":"ALPS Active REIT ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2528704591","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528704591","pubTimestamp":1744940168,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Nippon Prologis REIT  will split its investment units three-for-one on June 1 to broaden its investor base under Japan's expanded Nippon Individual Savings Account  tax program, according to a Thursday filing on the Tokyo Stock Exchange.The move will increase the number of units in circulation to 8.52 million from 2.84 million, assuming no change from the current figure. The total number of issuable units will also be tripled to 30 million through an amendment to the Articles of Incorporation.The effective record date for the split is May 30, as the official May 31 date falls on a holiday.As a result, NPR revised its distribution forecast for the six months ending Nov. 30 to 1,868 yen per unit from 5,604 yen. The underlying forecast remains unchanged, with the cut reflecting only the change in unit count.The estimate includes a 100 yen surplus cash distribution. The forecast for the current period to May 31 remains at 5,600 yen per unit.NPR had previously said it would cancel any units","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"REIT":"ALPS Active REIT ETF","CFA.SI":"NikkoAM-STC Asia REIT","JPY":"Lazard Japanese Equity ETF","PLD":"安博"},"translate_title":"日本普洛斯房地产投资信托基金将三拆一单位，下调分配预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPY":1,"REIT":1,"CFA.SI":1,"PLD":1},"content_text":"Nippon Prologis REIT (TYO:3283) will split its investment units three-for-one on June 1 to broaden its investor base under Japan's expanded Nippon Individual Savings Account (NISA) tax program, according to a Thursday filing on the Tokyo Stock Exchange.The move will increase the number of units in circulation to 8.52 million from 2.84 million, assuming no change from the current figure. The total number of issuable units will also be tripled to 30 million through an amendment to the Articles of Incorporation.The effective record date for the split is May 30, as the official May 31 date falls on a holiday.As a result, NPR revised its distribution forecast for the six months ending Nov. 30 to 1,868 yen per unit from 5,604 yen. The underlying forecast remains unchanged, with the cut reflecting only the change in unit count.The estimate includes a 100 yen surplus cash distribution. The forecast for the current period to May 31 remains at 5,600 yen per unit.NPR had previously said it would cancel any units repurchased by May 23. The actual number of post-split units will depend on the final buyback amount.Price (JPY): $238000.00, Change: $+400, Percent Change: +0.17%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2528704591","isCrawlerRequest":true}