AI 銘柄分析 · 10年
Warehouses De Pauw NV/SA
WDP · EUR · 分析基準日 2026-11-06
物流拠点と賃貸契約に強み。合併の成否と借入・増資が10年後の株主価値を左右する
AIによるシナリオ分析です。基準日以降の出来事、株価や為替の変化は個別に確認が必要です。各数値は元の分析の単位と前提に従います。
分析の要約
WDPは欧州で物流施設を保有・開発し、賃料とエネルギー関連収入を得ています。立地や顧客関係は強みですが、施設の更新投資と金利の負担があり、値上げを自由に決められる事業ではありません。ARGANとの合併は2026年11月6日時点では株主承認等が残る提案です。成立と不成立を含む５ケースを比較します。価格19.40ユーロは二次資料で照合した終値、発行株数は自己株未確認の代理値です。
要約の補足
- thesis
Prime logistics sites, indexed triple-net contracts, pre-let build-to-suit, track record on lower-interest financing; valuable real property but not capital-light moat.
- 競争優位性
moderate: site scarcity, grid connections, scale and tenants; limited pricing monopoly, substitute logistics supply and rate sensitivity.
- management
capital recycling and disclosed 7pct NOI-on-cost projects positives; October 2026 equity issue 8.5pct new shares creates dilution requiring incremental returns.
- safety
NAV/NOI cap and debt dominate; ARGAN merger conditional, borrowings and shareholders rights nontrivial.
- known_reported_9m_ifrs_earnings_oku
- 2.83652
- known_9m_epra_earnings_oku
- 2.86861
- financial_model_is_scenario_projection_not_company_guidance
- はい
- argan_merger_outcomes
Three conditional success cases (65% assumption) versus two failure (35% assumption).
- taxes
gross nominal EUR holder CF before user-specific Belgian withholding/custody/taxes, not post-tax JPY.
- risks
内容を開く
- 1
cap-rate widening
- 2
floating refinancing/interest expense
- 3
future placements and dilution
- 4
ARGAN leverage/contracting and deal closure
- 5
low rental liquidity and tenant concentration
- 6
property fair value IFRS vs owner cash divergence
- 7
French tax/Belgian REIT rules/withdrawal rights
結論の補足
- rating
pending valuation process
- basis_date
2026-11-06
- expected_irr
- 0.111322337
- initial_market_cap_oku
- 50.938121772
- valuation_pv_oku
- 55.035972332
- per_share_fair_value_eur
- 20.960683788
- margin_of_safety_to_market
- 0.080447618
- buy_price_for_25pct_safety_margin_eur
- 15.720512841
- scenario_probability_is_analyst_assumption_not_deal_success_forecast
- はい
事業
物流施設の保有・開発、賃貸、太陽光発電などを手掛けます。
競争力・事業の質
立地、接続設備、物流会社との関係や長期契約は強みですが、競合供給と金利の影響を受けます。
業界と環境
賃料、空室率、建設費、金利、物件の出口利回りを分けて評価します。
財務・資本配分
開発投資を借入・利益留保・増資で賄うため、資金調達と既存株主の希薄化を考慮します。
評価の前提と確認
不動産の営業収益から必要投資・借入を考慮し、将来物件利回りで終価を試算します。
資本コストの前提
- 資本コスト
- 10.00%
- terminal_corporate_drag_k_default
- 0.1
- valuation_hurdle_source
analyst assumption not observed company cost of capital
事業別データ
事業別の内訳と、収録されている年度別データを確認できます。
10年のシナリオ
シナリオごとの確率、期間内の株主還元・追加負担、終価です。金額は億EUR。株主の範囲や受取時点は各分析の前提を確認してください。
| シナリオ | 確率 | 株主還元・追加負担 | 終価 |
|---|---|---|---|
| 強気・ARGAN成立（早期） | 15.0% | 41.37 | 137.15 |
| 中立・ARGAN成立（早期） | 35.0% | 38.30 | 90.27 |
| 弱気・ARGAN成立（配当前後に遅延＋離脱） | 15.0% | 34.64 | 38.51 |
| 中立・ARGAN不成立 | 25.0% | 38.30 | 89.44 |
| 危機・ARGAN不成立 | 10.0% | 29.01 | 13.35 |
強気・ARGAN成立（早期）（確率 15.0%）
合併が2027年3月に成立し、賃料と開発投資が堅調に伸びる仮定。資金調達と新株の希薄化も織り込みます。
確率の根拠
確率は分析上の主観的な仮定であり、取引の成立確率を観測した数値ではありません。５ケースで合計100%です。
中立・ARGAN成立（早期）（確率 35.0%）
合併が2027年3月に成立し、賃料は緩やかに伸びる仮定。移転資産・負債と交付新株を併せて評価します。
確率の根拠
確率は分析上の主観的な仮定であり、取引の成立確率を観測した数値ではありません。５ケースで合計100%です。
日付別キャッシュフロー
- 1
内容を開く
- year
- 0.038329911
- 想定日
2026-11-20
- 金額
- 0
- 種類
argan_egm_scheduled_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
ARGAN/WDP merger announcements
- conditional
- はい
- 2
内容を開く
- year
- 0.049281314
- 想定日
2026-11-24
- 金額
- 0
- 種類
wdp_egm_scheduled_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
WDP EGM invitation
- conditional
- はい
- 3
内容を開く
- year
- 0.150581793
- 想定日
2026-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 4
内容を開く
- year
- 0.150581793
- 想定日
2026-12-31
- 金額
- 0
- 種類
fy2026_results_cutoff_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
future reporting date, not cash
- 5
内容を開く
- year
- 0.303901437
- 想定日
2027-02-25
- 金額
- 0
- 種類
argan_proposed_11eur_special_ex_date_external
- 状態
assumed
- non_cash_for_wdp_cohort
- はい
- external_eur_per_share
- 11
- external_total_oku
- 2.83237812
- eligible_argan_shares
- 25748892
- conditional
- はい
- 6
内容を開く
- year
- 0.325804244
- 想定日
2027-03-05
- 金額
- 0
- 種類
argan_proposed_11eur_special_paid_external
- 状態
conditional_unapproved_projection
- non_cash_for_wdp_cohort
- はい
- external_cash_oku
- 2.83237812
- conditional
- はい
- 7
内容を開く
- year
- 0.34770705
- 想定日
2027-03-13
- 金額
- 0
- 種類
argan_free_awards_conditionally_vest_pre_merger
- 状態
assumed
- non_cash_for_old_wdp_cohort
- はい
- conditional_award_shares
- 15435
- after_special_ex_date
- はい
- unconfirmed
- はい
- 8
内容を開く
- year
- 0.353182752
- 想定日
2027-03-15
- 金額
- 0
- 種類
argan_merger_stock_issue_dilution_no_holder_cash
- 状態
assumed
- non_cash
- はい
- conditional
- はい
- wdp_new_shares
- 77292981
- argan_dissent_withdrawn_shares
- 0
- wdp_old_holder_fraction_after
- 0.772574471
- acquired_property_proxy_oku
- 43.40502
- acquired_financial_net_debt_oku
- 21.89872812
- acquired_equity_book_proxy_oku
- 21.92571188
- detail
ARGAN post-cash-out net assets transferred once, PPA unknown
- 9
内容を開く
- year
- 0.38329911
- 想定日
2027-03-26
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2026
- dps_eur
- 1.29
- company_liability_accrued_oku
- 4.384201985
- ex_date_assumed
2027-04-29
- record_date_assumed
2027-04-30
- payment_date_assumed
2027-05-19
- confirmed
- いいえ
- 10
内容を開く
- year
- 0.476386037
- 想定日
2027-04-29
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2026
- ex_date
2027-04-29
- payment_date_assumed
2027-05-19
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 339.860619
- confirmed
- いいえ
- 11
内容を開く
- year
- 0.479123888
- 想定日
2027-04-30
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2027-04-29
- forecast_fiscal_year
- 2026
- confirmed
- いいえ
- 12
内容を開く
- year
- 0.531143053
- 想定日
2027-05-19
- 金額
- 3.38712253
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2027-04-29
- record_date_assumed
2027-04-30
- forecast_fiscal_year
- 2026
- dps_eur
- 1.29
- wdp_company_cash_total_oku
- 4.384201985
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 13
内容を開く
- year
- 0.821355236
- 想定日
2027-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.516070346
- forecast_issue_price_eur
- 19.788
- old_holder_share_fraction_after
- 0.769143431
- 14
内容を開く
- year
- 0.90349076
- 想定日
2027-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.198765708
- issued_shares_m
- 6.058043807
- forecast_price_eur
- 19.788
- old_holder_fraction_after
- 0.755732266
- 15
内容を開く
- year
- 1.106091718
- 想定日
2027-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.045571466
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.755633152
- 16
内容を開く
- year
- 1.149897331
- 想定日
2027-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 17
内容を開く
- year
- 1.399041752
- 想定日
2028-03-31
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2027
- dps_eur
- 1.32483
- company_liability_accrued_oku
- 4.60352332
- ex_date_assumed
2028-04-27
- record_date_assumed
2028-04-28
- payment_date_assumed
2028-05-17
- confirmed
- いいえ
- 18
内容を開く
- year
- 1.472963723
- 想定日
2028-04-27
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2027
- ex_date
2028-04-27
- payment_date_assumed
2028-05-17
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 347.480304619
- confirmed
- いいえ
- 19
内容を開く
- year
- 1.475701574
- 想定日
2028-04-28
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2028-04-27
- forecast_fiscal_year
- 2027
- confirmed
- いいえ
- 20
内容を開く
- year
- 1.527720739
- 想定日
2028-05-17
- 金額
- 3.478574839
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2028-04-27
- record_date_assumed
2028-04-28
- forecast_fiscal_year
- 2027
- dps_eur
- 1.32483
- wdp_company_cash_total_oku
- 4.60352332
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 21
内容を開く
- year
- 1.823408624
- 想定日
2028-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.486343476
- forecast_issue_price_eur
- 20.18376
- old_holder_share_fraction_after
- 0.752414706
- 22
内容を開く
- year
- 1.905544148
- 想定日
2028-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.030085763
- issued_shares_m
- 10.058015767
- forecast_price_eur
- 20.18376
- old_holder_fraction_after
- 0.731335934
- 23
内容を開く
- year
- 2.108145106
- 想定日
2028-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.044765684
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.731244758
- 24
内容を開く
- year
- 2.151950719
- 想定日
2028-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 25
内容を開く
- year
- 2.395619439
- 想定日
2029-03-30
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2028
- dps_eur
- 1.36060041
- company_liability_accrued_oku
- 4.885500131
- ex_date_assumed
2029-04-26
- record_date_assumed
2029-04-27
- payment_date_assumed
2029-05-16
- confirmed
- いいえ
- 26
内容を開く
- year
- 2.46954141
- 想定日
2029-04-26
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2028
- ex_date
2029-04-26
- payment_date_assumed
2029-05-16
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 359.069429546
- confirmed
- いいえ
- 27
内容を開く
- year
- 2.472279261
- 想定日
2029-04-27
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2029-04-26
- forecast_fiscal_year
- 2028
- confirmed
- いいえ
- 28
内容を開く
- year
- 2.524298426
- 想定日
2029-05-16
- 金額
- 3.572496359
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2029-04-26
- record_date_assumed
2029-04-27
- forecast_fiscal_year
- 2028
- dps_eur
- 1.36060041
- wdp_company_cash_total_oku
- 4.885500131
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 29
内容を開く
- year
- 2.822724162
- 想定日
2029-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.457199486
- forecast_issue_price_eur
- 20.5874352
- old_holder_share_fraction_after
- 0.728289166
- 30
内容を開く
- year
- 2.904859685
- 想定日
2029-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 3.160353753
- issued_shares_m
- 15.350886219
- forecast_price_eur
- 20.5874352
- old_holder_fraction_after
- 0.698545743
- 31
内容を開く
- year
- 3.107460643
- 想定日
2029-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.043974149
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.698464029
- 32
内容を開く
- year
- 3.151266256
- 想定日
2029-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 33
内容を開く
- year
- 3.392197125
- 想定日
2030-03-29
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2029
- dps_eur
- 1.397336621
- company_liability_accrued_oku
- 5.252888638
- ex_date_assumed
2030-04-25
- record_date_assumed
2030-04-26
- payment_date_assumed
2030-05-15
- confirmed
- いいえ
- 34
内容を開く
- year
- 3.466119097
- 想定日
2030-04-25
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2029
- ex_date
2030-04-25
- payment_date_assumed
2030-05-15
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 375.921489401
- confirmed
- いいえ
- 35
内容を開く
- year
- 3.468856947
- 想定日
2030-04-26
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2030-04-25
- forecast_fiscal_year
- 2029
- confirmed
- いいえ
- 36
内容を開く
- year
- 3.520876112
- 想定日
2030-05-15
- 金額
- 3.668953761
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2030-04-25
- record_date_assumed
2030-04-26
- forecast_fiscal_year
- 2029
- dps_eur
- 1.397336621
- wdp_company_cash_total_oku
- 5.252888638
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 37
内容を開く
- year
- 3.822039699
- 想定日
2030-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.428626947
- forecast_issue_price_eur
- 20.999183904
- old_holder_share_fraction_after
- 0.695819682
- 38
内容を開く
- year
- 3.904175222
- 想定日
2030-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.926125921
- issued_shares_m
- 13.934474476
- forecast_price_eur
- 20.999183904
- old_holder_fraction_after
- 0.671040067
- 39
内容を開く
- year
- 4.106776181
- 想定日
2030-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.04319661
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.670965994
- 40
内容を開く
- year
- 4.150581793
- 想定日
2030-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 41
内容を開く
- year
- 4.388774812
- 想定日
2031-03-28
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2030
- dps_eur
- 1.43506471
- company_liability_accrued_oku
- 5.615806978
- ex_date_assumed
2031-04-24
- record_date_assumed
2031-04-25
- payment_date_assumed
2031-05-21
- confirmed
- いいえ
- 42
内容を開く
- year
- 4.462696783
- 想定日
2031-04-24
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2030
- ex_date
2031-04-24
- payment_date_assumed
2031-05-21
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 391.327787435
- confirmed
- いいえ
- 43
内容を開く
- year
- 4.465434634
- 想定日
2031-04-25
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2031-04-24
- forecast_fiscal_year
- 2030
- confirmed
- いいえ
- 44
内容を開く
- year
- 4.536618754
- 想定日
2031-05-21
- 金額
- 3.768015513
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2031-04-24
- record_date_assumed
2031-04-25
- forecast_fiscal_year
- 2030
- dps_eur
- 1.43506471
- wdp_company_cash_total_oku
- 5.615806978
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 45
内容を開く
- year
- 4.821355236
- 想定日
2031-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.400614654
- forecast_issue_price_eur
- 21.419167582
- old_holder_share_fraction_after
- 0.668573082
- 46
内容を開く
- year
- 4.90349076
- 想定日
2031-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.661786477
- issued_shares_m
- 12.427123821
- forecast_price_eur
- 21.419167582
- old_holder_fraction_after
- 0.648066289
- 47
内容を開く
- year
- 5.106091718
- 想定日
2031-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.042432819
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.647998422
- 48
内容を開く
- year
- 5.149897331
- 想定日
2031-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 49
内容を開く
- year
- 5.385352498
- 想定日
2032-03-26
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2031
- dps_eur
- 1.473811457
- company_liability_accrued_oku
- 5.971853939
- ex_date_assumed
2032-04-29
- record_date_assumed
2032-04-30
- payment_date_assumed
2032-05-19
- confirmed
- いいえ
- 50
内容を開く
- year
- 5.478439425
- 想定日
2032-04-29
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2031
- ex_date
2032-04-29
- payment_date_assumed
2032-05-19
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 405.19795873
- confirmed
- いいえ
- 51
内容を開く
- year
- 5.481177276
- 想定日
2032-04-30
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2032-04-29
- forecast_fiscal_year
- 2031
- confirmed
- いいえ
- 52
内容を開く
- year
- 5.533196441
- 想定日
2032-05-19
- 金額
- 3.869751931
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2032-04-29
- record_date_assumed
2032-04-30
- forecast_fiscal_year
- 2031
- dps_eur
- 1.473811457
- wdp_company_cash_total_oku
- 5.971853939
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 53
内容を開く
- year
- 5.823408624
- 想定日
2032-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.373151622
- forecast_issue_price_eur
- 21.847550934
- old_holder_share_fraction_after
- 0.645809875
- 54
内容を開く
- year
- 5.905544148
- 想定日
2032-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.364205698
- issued_shares_m
- 10.821376296
- forecast_price_eur
- 21.847550934
- old_holder_fraction_after
- 0.629066517
- 55
内容を開く
- year
- 6.108145106
- 想定日
2032-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.041682534
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.629003703
- 56
内容を開く
- year
- 6.151950719
- 想定日
2032-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 57
内容を開く
- year
- 6.381930185
- 想定日
2033-03-25
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2032
- dps_eur
- 1.513604366
- company_liability_accrued_oku
- 6.31830181
- ex_date_assumed
2033-04-28
- record_date_assumed
2033-04-29
- payment_date_assumed
2033-05-18
- confirmed
- いいえ
- 58
内容を開く
- year
- 6.475017112
- 想定日
2033-04-28
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2032
- ex_date
2033-04-28
- payment_date_assumed
2033-05-18
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 417.434169181
- confirmed
- いいえ
- 59
内容を開く
- year
- 6.477754962
- 想定日
2033-04-29
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2033-04-28
- forecast_fiscal_year
- 2032
- confirmed
- いいえ
- 60
内容を開く
- year
- 6.529774127
- 想定日
2033-05-18
- 金額
- 3.974235232
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2033-04-28
- record_date_assumed
2033-04-29
- forecast_fiscal_year
- 2032
- dps_eur
- 1.513604366
- wdp_company_cash_total_oku
- 6.31830181
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 61
内容を開く
- year
- 6.822724162
- 想定日
2033-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.34622708
- forecast_issue_price_eur
- 22.284501952
- old_holder_share_fraction_after
- 0.626981684
- 62
内容を開く
- year
- 6.904859685
- 想定日
2033-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.029907678
- issued_shares_m
- 9.109055622
- forecast_price_eur
- 22.284501952
- old_holder_fraction_after
- 0.613634285
- 63
内容を開く
- year
- 7.107460643
- 想定日
2033-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.040945515
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.613575571
- 64
内容を開く
- year
- 7.151266256
- 想定日
2033-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 65
内容を開く
- year
- 7.397672827
- 想定日
2034-03-31
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2033
- dps_eur
- 1.554471684
- company_liability_accrued_oku
- 6.652056855
- ex_date_assumed
2034-04-27
- record_date_assumed
2034-04-28
- payment_date_assumed
2034-05-17
- confirmed
- いいえ
- 66
内容を開く
- year
- 7.471594798
- 想定日
2034-04-27
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2033
- ex_date
2034-04-27
- payment_date_assumed
2034-05-17
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 427.930397398
- confirmed
- いいえ
- 67
内容を開く
- year
- 7.474332649
- 想定日
2034-04-28
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2034-04-27
- forecast_fiscal_year
- 2033
- confirmed
- いいえ
- 68
内容を開く
- year
- 7.526351814
- 想定日
2034-05-17
- 金額
- 4.081539584
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2034-04-27
- record_date_assumed
2034-04-28
- forecast_fiscal_year
- 2033
- dps_eur
- 1.554471684
- wdp_company_cash_total_oku
- 6.652056855
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 69
内容を開く
- year
- 7.822039699
- 想定日
2034-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.319830471
- forecast_issue_price_eur
- 22.730191991
- old_holder_share_fraction_after
- 0.611688989
- 70
内容を開く
- year
- 7.904175222
- 想定日
2034-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.65503027
- issued_shares_m
- 7.281197936
- forecast_price_eur
- 22.730191991
- old_holder_fraction_after
- 0.601486222
- 71
内容を開く
- year
- 8.106776181
- 想定日
2034-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.040221527
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.601430807
- 72
内容を開く
- year
- 8.150581793
- 想定日
2034-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 73
内容を開く
- year
- 8.394250513
- 想定日
2035-03-30
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2034
- dps_eur
- 1.59644242
- company_liability_accrued_oku
- 6.969614972
- ex_date_assumed
2035-04-26
- record_date_assumed
2035-04-27
- payment_date_assumed
2035-05-16
- confirmed
- いいえ
- 74
内容を開く
- year
- 8.468172485
- 想定日
2035-04-26
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2034
- ex_date
2035-04-26
- payment_date_assumed
2035-05-16
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 436.571647332
- confirmed
- いいえ
- 75
内容を開く
- year
- 8.470910335
- 想定日
2035-04-27
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2035-04-26
- forecast_fiscal_year
- 2034
- confirmed
- いいえ
- 76
内容を開く
- year
- 8.5229295
- 想定日
2035-05-16
- 金額
- 4.191741154
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2035-04-26
- record_date_assumed
2035-04-27
- forecast_fiscal_year
- 2034
- dps_eur
- 1.59644242
- wdp_company_cash_total_oku
- 6.969614972
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 77
内容を開く
- year
- 8.821355236
- 想定日
2035-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.293951442
- forecast_issue_price_eur
- 23.184795831
- old_holder_share_fraction_after
- 0.599653498
- 78
内容を開く
- year
- 8.90349076
- 想定日
2035-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.235280197
- issued_shares_m
- 5.327975309
- forecast_price_eur
- 23.184795831
- old_holder_fraction_after
- 0.592444596
- 79
内容を開く
- year
- 9.106091718
- 想定日
2035-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.039510341
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.592391785
- 80
内容を開く
- year
- 9.149897331
- 想定日
2035-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 81
内容を開く
- year
- 9.3908282
- 想定日
2036-03-28
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2035
- dps_eur
- 1.639546365
- company_liability_accrued_oku
- 7.267011924
- ex_date_assumed
2036-04-24
- record_date_assumed
2036-04-25
- payment_date_assumed
2036-05-21
- confirmed
- いいえ
- 82
内容を開く
- year
- 9.464750171
- 想定日
2036-04-24
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2035
- ex_date
2036-04-24
- payment_date_assumed
2036-05-21
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 443.233084425
- confirmed
- いいえ
- 83
内容を開く
- year
- 9.467488022
- 想定日
2036-04-25
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2036-04-24
- forecast_fiscal_year
- 2035
- confirmed
- いいえ
- 84
内容を開く
- year
- 9.538672142
- 想定日
2036-05-21
- 金額
- 4.304918164
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2036-04-24
- record_date_assumed
2036-04-25
- forecast_fiscal_year
- 2035
- dps_eur
- 1.639546365
- wdp_company_cash_total_oku
- 7.267011924
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 85
内容を開く
- year
- 9.823408624
- 想定日
2036-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.254918033
- issued_shares_m
- 1.077946262
- forecast_issue_price_eur
- 23.648491748
- old_holder_share_fraction_after
- 0.590954579
- 86
内容を開く
- year
- 9.905544148
- 想定日
2036-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.767820175
- issued_shares_m
- 7.475403479
- forecast_price_eur
- 23.648491748
- old_holder_fraction_after
- 0.581176455
- 87
内容を開く
- year
- 10.001368925
- 想定日
2036-11-06
- 金額
- 0
- 種類
exact_10_calendar_year_valuation_date_zero_cash
- 状態
assumed
- non_cash
- はい
- terminal_value_in_mcap_not_timed_cashflows
- はい
その他の数値・前提
- merger_completed_in_model
- はい
- merger_completion_confirmed_as_of_base_date
- いいえ
- merger_policy
conditional 2027-03-15; only if EGM, tax, regulators, ARGAN special approved and paid; legal title not transferred as-of base date
- assumptions
内容を開く
- merger
- はい
- merger_date
2027-03-15
- withdrawal_fraction
- 0
- late_argan_fy26_dps
- 0
- organic
- 0.027
- debt_rate
- 0.032
- capex
- 7
- dev_yield
- 0.07
- cap
- 0.0595
- dps_g
- 0.027
- kind
- 0.3
- min_issue
- 0.55
- max_ltv
- 0.45
- post_2036_g
- 0.016
- fv0
- 0
- low0
- 0
- maint
- 0.46
- extra_admin
- 0
- buyback
- 0
- corp_k
- 0.1
- opening_2026_11_06
内容を開く
- parent_equity_proxy_oku
- 55.78055
- netdebt_proxy_oku
- 34.3457
- cash_proxy_oku
- 4.2078
- gross_financial_debt_proxy_oku
- 38.5535
- operating_noi_runrate_proxy_oku
- 4.94522
- 株数
- 262567638
- old_cohort_ownership
- 1
- merger_accounting_bridge
内容を開く
- completion_assumed
2027-03-15
- 状態
CONDITIONAL_NOT_COMPLETED_ON_BASE_DATE
- wda_new_shares
- 77292981
- argan_issued_shares_board
- 25766939
- argan_treasury_updated_2026_10_30
- 18047
- argan_treasury_older_board_report
- 16717
- argan_conditional_free_shares
- 15435
- argan_withdrawal_share_count_assumed
- 0
- argan_cash_compensation_post_special_eur_per_share
- 60.1
- argan_withdrawal_cash_oku
- 0
- argan_special_paid_external_oku
- 2.83237812
- argan_late_fy2026_distribution_to_argan_holders_oku
- 0
- argan_late_fy2026_dividend_eligible_post_dissent_shares
- 25748892
- argan_dissent_settlement_before_fy2026_ex_date_assumed
- いいえ
- argan_pre_distribution_cash_oku
- 3.20469
- argan_after_external_cash_net_before_bridge_oku
- 0.37231188
- argan_extra_bridge_borrowing_if_cash_short_oku
- 0
- argan_after_external_cash_and_bridge_proxy_oku
- 0.37231188
- argan_net_debt_brought_in_oku
- 21.89872812
- argan_parent_equity_brought_in_oku
- 21.92571188
- argan_property_value_brought_in_oku
- 43.40502
- argan_nci_brought_in_oku
- 0.41016
- merger_transaction_cost_paid_oku
- 0.25
- merger_transaction_cost_tax_relief_assumed_fraction
- 0
- stock_issue_has_no_cash_from_wdp_owners
- はい
- new_shares_have_fy2026_coupon
- はい
- new_shares_coupon_number
- 9
- post_special_2026_argan_distribution_separate_from_11eur
- いいえ
- ppa_unresolved_and_not_recognized_as_verified_ifrs_profit
- はい
- 期間内の親会社利益合計（億）
- 78.790829501
- 期間内株主受取
- 38.297349067
- 終価
- 90.268245189
- キャッシュフローの算出方法
timed_holder_cashflows_v1
- annual_11_periods
内容を開く
- 1
内容を開く
- period_index
- 0
- period_type
first_partial_post_cutoff
- fiscal_year
- 2026
- 開始日
2026-11-07
- 終了日
2026-12-31
- calendar_days
- 55
- fiscal_denominator_days
- 365
- year_fraction
- 0.150684932
- end_time_years_act365_25
- 0.150581793
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 55.78055
- opening_net_financial_debt_oku
- 34.3457
- opening_jv_book_oku
- 3.60908
- opening_nci_equity_oku
- 0
- opening_gross_financial_debt_proxy_oku
- 38.5535
- opening_cash_proxy_oku
- 4.2078
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- -3.429638971
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 262.567638
- gross_property_noi_oku
- 0.76501794
- corporate_admin_expense_oku
- 0.039931507
- noncash_sbc_expense_in_ifrs_oku
- 0
- depreciation_oku
- 0.01130137
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 0.713785063
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 0.713785063
- net_finance_expense_oku
- 0.13164476
- equity_accounted_jv_profit_oku
- 0.031191781
- equity_accounted_jv_cash_distributions_received_oku
- 0.006027397
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.009041096
- closing_equity_accounted_jv_book_oku
- 3.643285479
- ifrs_profit_before_tax_oku
- 0.613332083
- ifrs_total_tax_oku
- 0.015821918
- cash_tax_before_merger_cost_deduction_oku
- 0.015821918
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 0.613332083
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.015821918
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0
- parent_ifrs_net_income_oku
- 0.597510166
- parent_recurring_earnings_ex_fv_oku
- 0.597510166
- noncash_sbc_cashflow_addback_oku
- 0
- noncash_depreciation_addback_oku
- 0.01130137
- operating_cash_after_finance_tax_before_maintenance_oku
- 0.583647152
- maintenance_capex_cash_oku
- 0.067808219
- sustainable_cash_after_maintenance_before_growth_oku
- 0.515838933
- cash_after_maintenance_and_growth_before_shareholders_oku
- -0.237585725
- growth_capex_cash_oku
- 0.753424658
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0
- forecast_property_in_kind_shares_issued_m
- 0
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0
- nci_profit_annualized_H1_actual_proxy_oku
- 0
- company_dividend_cash_oku
- 0
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 0
- new_cash_shares_issued_m
- 0
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0
- sbc_equity_credit_oku
- 0
- old_cohort_dividend_received_oku
- 0
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 0
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 56.378060166
- closing_net_financial_debt_oku
- 34.592326821
- closing_gross_financial_debt_proxy_oku
- 35.123861029
- closing_cash_proxy_oku
- 0.531534208
- closing_nci_equity_oku
- 0
- closing_carried_property_and_energy_proxy_oku
- 88.589034658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 5.016394198
- closing_issuer_shares_m
- 262.567638
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 1
- model_financial_ltv_proxy
- 0.390480909
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 記載なし
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.025
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2026-11-07
- 期間末
2026-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- いいえ
- argan_effective_consolidation_days
- 0
- argan_effective_fiscal_fraction
- 0
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 0.761160735
- wdp_rental_ifrs_revenue_oku
- 0.761160735
- argan_rental_ifrs_revenue_oku
- 0
- tenant_charges_recovered_as_income_oku
- 0.066811558
- other_property_income_net_incl_energy_oku
- 0.05727511
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.047665528
- early_termination_wdp_memo_subset_not_additive_oku
- 0.005367909
- modeled_positive_ifrs_operating_revenue_lines_oku
- 0.885247403
- leasing_cost_oku
- 0.000733412
- tenant_reimbursable_occupancy_cost_oku
- 0.084265099
- property_technical_expense_oku
- 0.019804221
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.005397162
- nonenergy_technical_expense_balance_oku
- 0.014407058
- property_commercial_expense_oku
- 0.00296917
- property_management_expense_oku
- 0.012455471
- ARGAN_other_direct_property_expense_oku
- 0
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 0.120227373
- source_table_rounding_allocation_oku
- -2.089E-6
- net_operating_property_contribution_including_energy_oku
- 0.76501794
- wdp_component_net_operating_contribution_oku
- 0.76501794
- ARGAN_component_net_operating_contribution_oku
- 0
- wdp_company_admin_expense_oku
- 0.039931507
- argan_company_admin_expense_oku
- 0
- model_synergy_reduction_of_admin_oku
- 0
- group_company_admin_expense_after_synergy_oku
- 0.039931507
- wdp_noncash_depreciation_oku
- 0.01130137
- argan_noncash_depreciation_assumed_oku
- 0
- group_noncash_depreciation_oku
- 0.01130137
- group_noncash_stock_comp_expense_oku
- 0
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 0.713785063
- net_finance_expense_oku
- 0.13164476
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.031191781
- ifrs_profit_before_tax_oku
- 0.613332083
- ifrs_tax_expense_oku
- 0.015821918
- noncontrolling_interest_profit_oku
- 0
- ifrs_parent_net_profit_oku
- 0.597510166
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.067808219
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.006027397
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 0.713785063
- ifrs_pre_tax_bridge_oku
- 0.613332084
- parent_profit_bridge_oku
- 0.597510166
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 2
内容を開く
- period_index
- 1
- period_type
full_fiscal_year
- fiscal_year
- 2027
- 開始日
2027-01-01
- 終了日
2027-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 1.149897331
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 56.378060166
- opening_net_financial_debt_oku
- 34.592326821
- opening_jv_book_oku
- 3.643285479
- opening_nci_equity_oku
- 0
- opening_gross_financial_debt_proxy_oku
- 35.123861029
- opening_cash_proxy_oku
- 0.531534208
- argan_gross_financial_debt_brought_in_oku
- 22.27104
- argan_post_special_cash_brought_in_oku
- 0.37231188
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 6.123187895
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 262.567638
- gross_property_noi_oku
- 7.039243519
- corporate_admin_expense_oku
- 0.362035
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.091
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 6.577208519
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0.25
- ifrs_operating_profit_oku
- 6.327208519
- net_finance_expense_oku
- 1.694441898
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 3.870285479
- ifrs_profit_before_tax_oku
- 4.839766621
- ifrs_total_tax_oku
- 0.1274
- cash_tax_before_merger_cost_deduction_oku
- 0.1274
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 5.089766621
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.1274
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0.25
- nci_profit_oku
- 0.04328
- parent_ifrs_net_income_oku
- 4.669086621
- parent_recurring_earnings_ex_fv_oku
- 4.919086621
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.091
- operating_cash_after_finance_tax_before_maintenance_oku
- 4.895366621
- maintenance_capex_cash_oku
- 0.588
- sustainable_cash_after_maintenance_before_growth_oku
- 4.307366621
- cash_after_maintenance_and_growth_before_shareholders_oku
- -2.692633379
- growth_capex_cash_oku
- 7
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.516070346
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.0032
- nci_profit_annualized_H1_actual_proxy_oku
- 0.04328
- company_dividend_cash_oku
- 4.384201985
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 1.198765708
- new_cash_shares_issued_m
- 6.058043807
- argan_merger_shares_issued_m
- 77.292981
- forecast_sbc_shares_delivered_m
- 0.045571466
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.38712253
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.38712253
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 21.89872812
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 25748892
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 21.92571188
- argan_nci_brought_in_oku
- 0.41016
- closing_parent_equity_oku
- 80.09642239
- closing_net_financial_debt_oku
- 62.682324596
- closing_gross_financial_debt_proxy_oku
- 63.518088924
- closing_cash_proxy_oku
- 0.835764328
- closing_nci_equity_oku
- 0.45024
- closing_carried_property_and_energy_proxy_oku
- 139.294054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 7.884496841
- closing_issuer_shares_m
- 347.480304619
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.755633152
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2026
- declaration_date
2027-03-26
- ex_date
2027-04-29
- record_date
2027-04-30
- pay_date
2027-05-19
- dps_eur
- 1.29
- old_cash_paid_oku
- 3.38712253
- company_cash_paid_oku
- 4.384201985
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 339.860619
- company_liability_on_declaration_oku
- 4.384201985
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2027-01-01
- 期間末
2027-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 292
- argan_effective_fiscal_fraction
- 0.8
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 6.991209046
- wdp_rental_ifrs_revenue_oku
- 5.235385046
- argan_rental_ifrs_revenue_oku
- 1.755824
- tenant_charges_recovered_as_income_oku
- 0.980804565
- other_property_income_net_incl_energy_oku
- 0.425659347
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.327851114
- early_termination_wdp_memo_subset_not_additive_oku
- 0.036921336
- modeled_positive_ifrs_operating_revenue_lines_oku
- 8.397672957
- leasing_cost_oku
- 0.005044527
- tenant_reimbursable_occupancy_cost_oku
- 1.1060688
- property_technical_expense_oku
- 0.13621659
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.037122542
- nonenergy_technical_expense_balance_oku
- 0.099094048
- property_commercial_expense_oku
- 0.020422428
- property_management_expense_oku
- 0.085670721
- ARGAN_other_direct_property_expense_oku
- 0.005008
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 1.358431066
- source_table_rounding_allocation_oku
- 1.628E-6
- net_operating_property_contribution_including_energy_oku
- 7.039243519
- wdp_component_net_operating_contribution_oku
- 5.261915519
- ARGAN_component_net_operating_contribution_oku
- 1.777328
- wdp_company_admin_expense_oku
- 0.270035
- argan_company_admin_expense_oku
- 0.092
- model_synergy_reduction_of_admin_oku
- 0
- group_company_admin_expense_after_synergy_oku
- 0.362035
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.016
- group_noncash_depreciation_oku
- 0.091
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0.25
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 6.327208519
- net_finance_expense_oku
- 1.694441898
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 4.839766621
- ifrs_tax_expense_oku
- 0.1274
- noncontrolling_interest_profit_oku
- 0.04328
- ifrs_parent_net_profit_oku
- 4.669086621
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.588
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 6.327208519
- ifrs_pre_tax_bridge_oku
- 4.839766621
- parent_profit_bridge_oku
- 4.669086621
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 3
内容を開く
- period_index
- 2
- period_type
full_fiscal_year
- fiscal_year
- 2028
- 開始日
2028-01-01
- 終了日
2028-12-31
- calendar_days
- 366
- fiscal_denominator_days
- 366
- year_fraction
- 1
- end_time_years_act365_25
- 2.151950719
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 80.09642239
- opening_net_financial_debt_oku
- 62.682324596
- opening_jv_book_oku
- 3.870285479
- opening_nci_equity_oku
- 0.45024
- opening_gross_financial_debt_proxy_oku
- 63.518088924
- opening_cash_proxy_oku
- 0.835764328
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 2.215185672
- cash_rollforward_residual_oku
- -0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 347.480304619
- gross_property_noi_oku
- 8.123717048
- corporate_admin_expense_oku
- 0.350165665
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 7.669551383
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 7.669551383
- net_finance_expense_oku
- 2.033063827
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 4.097285479
- ifrs_profit_before_tax_oku
- 5.843487556
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 5.843487556
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 5.656387556
- parent_recurring_earnings_ex_fv_oku
- 5.656387556
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 5.647487556
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 5.027487556
- cash_after_maintenance_and_growth_before_shareholders_oku
- 0.436487556
- growth_capex_cash_oku
- 7.091
- property_sales_cash_oku
- 2.5
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.486343476
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 4.60352332
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 2.030085763
- new_cash_shares_issued_m
- 10.058015767
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.044765684
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.478574839
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.478574839
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 83.48837239
- closing_net_financial_debt_oku
- 64.883274596
- closing_gross_financial_debt_proxy_oku
- 65.733274596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.50034
- closing_carried_property_and_energy_proxy_oku
- 144.185054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 8.479748256
- closing_issuer_shares_m
- 359.069429546
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.731244758
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2027
- declaration_date
2028-03-31
- ex_date
2028-04-27
- record_date
2028-04-28
- pay_date
2028-05-17
- dps_eur
- 1.32483
- old_cash_paid_oku
- 3.478574839
- company_cash_paid_oku
- 4.60352332
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 347.480304619
- company_liability_on_declaration_oku
- 4.60352332
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2028-01-01
- 期間末
2028-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 366
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 8.066867335
- wdp_rental_ifrs_revenue_oku
- 5.842457805
- argan_rental_ifrs_revenue_oku
- 2.22440953
- tenant_charges_recovered_as_income_oku
- 1.173203244
- other_property_income_net_incl_energy_oku
- 0.479802929
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.36586732
- early_termination_wdp_memo_subset_not_additive_oku
- 0.041202575
- modeled_positive_ifrs_operating_revenue_lines_oku
- 9.719873508
- leasing_cost_oku
- 0.005629468
- tenant_reimbursable_occupancy_cost_oku
- 1.313779778
- property_technical_expense_oku
- 0.152011681
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.041427112
- nonenergy_technical_expense_balance_oku
- 0.110584568
- property_commercial_expense_oku
- 0.022790525
- property_management_expense_oku
- 0.09560473
- ARGAN_other_direct_property_expense_oku
- 0.00634451
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 1.596160692
- source_table_rounding_allocation_oku
- 4.232E-6
- net_operating_property_contribution_including_energy_oku
- 8.123717048
- wdp_component_net_operating_contribution_oku
- 5.872064638
- ARGAN_component_net_operating_contribution_oku
- 2.25165241
- wdp_company_admin_expense_oku
- 0.275165665
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.350165665
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 7.669551383
- net_finance_expense_oku
- 2.033063827
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 5.843487556
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 5.656387556
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 7.669551383
- ifrs_pre_tax_bridge_oku
- 5.843487556
- parent_profit_bridge_oku
- 5.656387556
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 4
内容を開く
- period_index
- 3
- period_type
full_fiscal_year
- fiscal_year
- 2029
- 開始日
2029-01-01
- 終了日
2029-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 3.151266256
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 83.48837239
- opening_net_financial_debt_oku
- 64.883274596
- opening_jv_book_oku
- 4.097285479
- opening_nci_equity_oku
- 0.50034
- opening_gross_financial_debt_proxy_oku
- 65.733274596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.3669
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 359.069429546
- gross_property_noi_oku
- 8.776483857
- corporate_admin_expense_oku
- 0.355393813
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 8.317090045
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 8.317090045
- net_finance_expense_oku
- 2.103843667
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 4.324285479
- ifrs_profit_before_tax_oku
- 6.420246378
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 6.420246378
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 6.233146378
- parent_recurring_earnings_ex_fv_oku
- 6.233146378
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 6.224246378
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 5.604246378
- cash_after_maintenance_and_growth_before_shareholders_oku
- -1.577753622
- growth_capex_cash_oku
- 7.182
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.457199486
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 4.885500131
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 3.160353753
- new_cash_shares_issued_m
- 15.350886219
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.043974149
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.572496359
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.572496359
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 88.30537239
- closing_net_financial_debt_oku
- 68.250174596
- closing_gross_financial_debt_proxy_oku
- 69.100174596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.55044
- closing_carried_property_and_energy_proxy_oku
- 151.667054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 9.232441459
- closing_issuer_shares_m
- 375.921489401
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.698464029
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2028
- declaration_date
2029-03-30
- ex_date
2029-04-26
- record_date
2029-04-27
- pay_date
2029-05-16
- dps_eur
- 1.36060041
- old_cash_paid_oku
- 3.572496359
- company_cash_paid_oku
- 4.885500131
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 359.069429546
- company_liability_on_declaration_oku
- 4.885500131
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2029-01-01
- 期間末
2029-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 8.715913874
- wdp_rental_ifrs_revenue_oku
- 6.431445287
- argan_rental_ifrs_revenue_oku
- 2.284468587
- tenant_charges_recovered_as_income_oku
- 1.242732304
- other_property_income_net_incl_energy_oku
- 0.525207236
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.402750988
- early_termination_wdp_memo_subset_not_additive_oku
- 0.045356272
- modeled_positive_ifrs_operating_revenue_lines_oku
- 10.483853413
- leasing_cost_oku
- 0.006196984
- tenant_reimbursable_occupancy_cost_oku
- 1.396992833
- property_technical_expense_oku
- 0.167336221
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.045603446
- nonenergy_technical_expense_balance_oku
- 0.121732775
- property_commercial_expense_oku
- 0.025088074
- property_management_expense_oku
- 0.105242795
- ARGAN_other_direct_property_expense_oku
- 0.006515812
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 1.707372718
- source_table_rounding_allocation_oku
- 3.162E-6
- net_operating_property_contribution_including_energy_oku
- 8.776483857
- wdp_component_net_operating_contribution_oku
- 6.464036832
- ARGAN_component_net_operating_contribution_oku
- 2.312447025
- wdp_company_admin_expense_oku
- 0.280393813
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.355393813
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 8.317090045
- net_finance_expense_oku
- 2.103843667
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 6.420246378
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 6.233146378
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 8.317090044
- ifrs_pre_tax_bridge_oku
- 6.420246377
- parent_profit_bridge_oku
- 6.233146377
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- -1.0E-9
- pbt_to_parent_rounding_residual_oku
- -1.0E-9
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 5
内容を開く
- period_index
- 4
- period_type
full_fiscal_year
- fiscal_year
- 2030
- 開始日
2030-01-01
- 終了日
2030-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 4.150581793
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 88.30537239
- opening_net_financial_debt_oku
- 68.250174596
- opening_jv_book_oku
- 4.324285479
- opening_nci_equity_oku
- 0.55044
- opening_gross_financial_debt_proxy_oku
- 69.100174596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.40785
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 375.921489401
- gross_property_noi_oku
- 9.541567918
- corporate_admin_expense_oku
- 0.360721295
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 9.076846623
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 9.076846623
- net_finance_expense_oku
- 2.211933907
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 4.551285479
- ifrs_profit_before_tax_oku
- 7.071912716
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 7.071912716
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 6.884812716
- parent_recurring_earnings_ex_fv_oku
- 6.884812716
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 6.875912716
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 6.255912716
- cash_after_maintenance_and_growth_before_shareholders_oku
- -1.017087284
- growth_capex_cash_oku
- 7.273
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.428626947
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 5.252888638
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 2.926125921
- new_cash_shares_issued_m
- 13.934474476
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.04319661
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.668953761
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.668953761
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 93.17242239
- closing_net_financial_debt_oku
- 71.658024596
- closing_gross_financial_debt_proxy_oku
- 72.508024596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.60054
- closing_carried_property_and_energy_proxy_oku
- 159.240054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 10.011827378
- closing_issuer_shares_m
- 391.327787435
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.670965994
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2029
- declaration_date
2030-03-29
- ex_date
2030-04-25
- record_date
2030-04-26
- pay_date
2030-05-15
- dps_eur
- 1.397336621
- old_cash_paid_oku
- 3.668953761
- company_cash_paid_oku
- 5.252888638
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 375.921489401
- company_liability_on_declaration_oku
- 5.252888638
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2030-01-01
- 期間末
2030-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 9.47669978
- wdp_rental_ifrs_revenue_oku
- 7.130550541
- argan_rental_ifrs_revenue_oku
- 2.346149239
- tenant_charges_recovered_as_income_oku
- 1.322408462
- other_property_income_net_incl_energy_oku
- 0.578926869
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.446530468
- early_termination_wdp_memo_subset_not_additive_oku
- 0.05028655
- modeled_positive_ifrs_operating_revenue_lines_oku
- 11.378035112
- leasing_cost_oku
- 0.006870603
- tenant_reimbursable_occupancy_cost_oku
- 1.492882823
- property_technical_expense_oku
- 0.185525854
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.050560591
- nonenergy_technical_expense_balance_oku
- 0.134965263
- property_commercial_expense_oku
- 0.027815176
- property_management_expense_oku
- 0.116682804
- ARGAN_other_direct_property_expense_oku
- 0.006691739
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 1.836468999
- source_table_rounding_allocation_oku
- 1.805E-6
- net_operating_property_contribution_including_energy_oku
- 9.541567918
- wdp_component_net_operating_contribution_oku
- 7.166684823
- ARGAN_component_net_operating_contribution_oku
- 2.374883095
- wdp_company_admin_expense_oku
- 0.285721295
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.360721295
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 9.076846623
- net_finance_expense_oku
- 2.211933907
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 7.071912716
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 6.884812716
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 9.076846623
- ifrs_pre_tax_bridge_oku
- 7.071912716
- parent_profit_bridge_oku
- 6.884812716
- revenue_to_NOI_rounding_residual_oku
- -0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 6
内容を開く
- period_index
- 5
- period_type
full_fiscal_year
- fiscal_year
- 2031
- 開始日
2031-01-01
- 終了日
2031-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 5.149897331
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 93.17242239
- opening_net_financial_debt_oku
- 71.658024596
- opening_jv_book_oku
- 4.551285479
- opening_nci_equity_oku
- 0.60054
- opening_gross_financial_debt_proxy_oku
- 72.508024596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.4488
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 391.327787435
- gross_property_noi_oku
- 10.333705048
- corporate_admin_expense_oku
- 0.36615
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 9.863555048
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 9.863555048
- net_finance_expense_oku
- 2.321334547
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 4.778285479
- ifrs_profit_before_tax_oku
- 7.749220501
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 7.749220501
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 7.562120501
- parent_recurring_earnings_ex_fv_oku
- 7.562120501
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 7.553220501
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 6.933220501
- cash_after_maintenance_and_growth_before_shareholders_oku
- -0.430779499
- growth_capex_cash_oku
- 7.364
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.400614654
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 5.615806978
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 2.661786477
- new_cash_shares_issued_m
- 12.427123821
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.042432819
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.768015513
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.768015513
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 98.08952239
- closing_net_financial_debt_oku
- 75.106824596
- closing_gross_financial_debt_proxy_oku
- 75.956824596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.65064
- closing_carried_property_and_energy_proxy_oku
- 166.904054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 10.818626717
- closing_issuer_shares_m
- 405.19795873
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.647998422
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- -0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2030
- declaration_date
2031-03-28
- ex_date
2031-04-24
- record_date
2031-04-25
- pay_date
2031-05-21
- dps_eur
- 1.43506471
- old_cash_paid_oku
- 3.768015513
- company_cash_paid_oku
- 5.615806978
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 391.327787435
- company_liability_on_declaration_oku
- 5.615806978
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2031-01-01
- 期間末
2031-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 10.264390458
- wdp_rental_ifrs_revenue_oku
- 7.854895189
- argan_rental_ifrs_revenue_oku
- 2.409495269
- tenant_charges_recovered_as_income_oku
- 1.404794444
- other_property_income_net_incl_energy_oku
- 0.634575771
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.491890494
- early_termination_wdp_memo_subset_not_additive_oku
- 0.055394822
- modeled_positive_ifrs_operating_revenue_lines_oku
- 12.303760672
- leasing_cost_oku
- 0.007568541
- tenant_reimbursable_occupancy_cost_oku
- 1.592066327
- property_technical_expense_oku
- 0.204372177
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.055696701
- nonenergy_technical_expense_balance_oku
- 0.148675476
- property_commercial_expense_oku
- 0.030640733
- property_management_expense_oku
- 0.128535825
- ARGAN_other_direct_property_expense_oku
- 0.006872416
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 1.970056018
- source_table_rounding_allocation_oku
- 3.94E-7
- net_operating_property_contribution_including_energy_oku
- 10.333705048
- wdp_component_net_operating_contribution_oku
- 7.89470011
- ARGAN_component_net_operating_contribution_oku
- 2.439004938
- wdp_company_admin_expense_oku
- 0.29115
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.36615
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 9.863555048
- net_finance_expense_oku
- 2.321334547
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 7.749220501
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 7.562120501
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 9.863555048
- ifrs_pre_tax_bridge_oku
- 7.749220501
- parent_profit_bridge_oku
- 7.562120501
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 7
内容を開く
- period_index
- 6
- period_type
full_fiscal_year
- fiscal_year
- 2032
- 開始日
2032-01-01
- 終了日
2032-12-31
- calendar_days
- 366
- fiscal_denominator_days
- 366
- year_fraction
- 1
- end_time_years_act365_25
- 6.151950719
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 98.08952239
- opening_net_financial_debt_oku
- 75.106824596
- opening_jv_book_oku
- 4.778285479
- opening_nci_equity_oku
- 0.65064
- opening_gross_financial_debt_proxy_oku
- 75.956824596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.48975
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 405.19795873
- gross_property_noi_oku
- 11.153625678
- corporate_admin_expense_oku
- 0.37168185
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 10.677943828
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 10.677943828
- net_finance_expense_oku
- 2.432045587
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 5.005285479
- ifrs_profit_before_tax_oku
- 8.452898241
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 8.452898241
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 8.265798241
- parent_recurring_earnings_ex_fv_oku
- 8.265798241
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 8.256898241
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 7.636898241
- cash_after_maintenance_and_growth_before_shareholders_oku
- 0.181898241
- growth_capex_cash_oku
- 7.455
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.373151622
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 5.971853939
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 2.364205698
- new_cash_shares_issued_m
- 10.821376296
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.041682534
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.869751931
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.869751931
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 103.05667239
- closing_net_financial_debt_oku
- 78.596574596
- closing_gross_financial_debt_proxy_oku
- 79.446574596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.70074
- closing_carried_property_and_energy_proxy_oku
- 174.659054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 11.653579639
- closing_issuer_shares_m
- 417.434169181
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.629003703
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2031
- declaration_date
2032-03-26
- ex_date
2032-04-29
- record_date
2032-04-30
- pay_date
2032-05-19
- dps_eur
- 1.473811457
- old_cash_paid_oku
- 3.869751931
- company_cash_paid_oku
- 5.971853939
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 405.19795873
- company_liability_on_declaration_oku
- 5.971853939
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2032-01-01
- 期間末
2032-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 366
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 11.079712333
- wdp_rental_ifrs_revenue_oku
- 8.605160692
- argan_rental_ifrs_revenue_oku
- 2.474551641
- tenant_charges_recovered_as_income_oku
- 1.489963413
- other_property_income_net_incl_energy_oku
- 0.692206032
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.538873739
- early_termination_wdp_memo_subset_not_additive_oku
- 0.060685895
- modeled_positive_ifrs_operating_revenue_lines_oku
- 13.261881778
- leasing_cost_oku
- 0.008291455
- tenant_reimbursable_occupancy_cost_oku
- 1.694632269
- property_technical_expense_oku
- 0.22389292
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.061016608
- nonenergy_technical_expense_balance_oku
- 0.162876312
- property_commercial_expense_oku
- 0.033567402
- property_management_expense_oku
- 0.140813009
- ARGAN_other_direct_property_expense_oku
- 0.007057971
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 2.108255027
- source_table_rounding_allocation_oku
- -1.073E-6
- net_operating_property_contribution_including_energy_oku
- 11.153625678
- wdp_component_net_operating_contribution_oku
- 8.648767606
- ARGAN_component_net_operating_contribution_oku
- 2.504858072
- wdp_company_admin_expense_oku
- 0.29668185
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.37168185
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 10.677943828
- net_finance_expense_oku
- 2.432045587
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 8.452898241
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 8.265798241
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 10.677943828
- ifrs_pre_tax_bridge_oku
- 8.452898241
- parent_profit_bridge_oku
- 8.265798241
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 8
内容を開く
- period_index
- 7
- period_type
full_fiscal_year
- fiscal_year
- 2033
- 開始日
2033-01-01
- 終了日
2033-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 7.151266256
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 103.05667239
- opening_net_financial_debt_oku
- 78.596574596
- opening_jv_book_oku
- 5.005285479
- opening_nci_equity_oku
- 0.70074
- opening_gross_financial_debt_proxy_oku
- 79.446574596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.5307
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 417.434169181
- gross_property_noi_oku
- 12.002079964
- corporate_admin_expense_oku
- 0.377318805
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 11.520761159
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 11.520761159
- net_finance_expense_oku
- 2.544067027
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 5.232285479
- ifrs_profit_before_tax_oku
- 9.183694132
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 9.183694132
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 8.996594132
- parent_recurring_earnings_ex_fv_oku
- 8.996594132
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 8.987694132
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 8.367694132
- cash_after_maintenance_and_growth_before_shareholders_oku
- 0.821694132
- growth_capex_cash_oku
- 7.546
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.34622708
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 6.31830181
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 2.029907678
- new_cash_shares_issued_m
- 9.109055622
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.040945515
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 3.974235232
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 3.974235232
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 108.07387239
- closing_net_financial_debt_oku
- 82.127274596
- closing_gross_financial_debt_proxy_oku
- 82.977274596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.75084
- closing_carried_property_and_energy_proxy_oku
- 182.505054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 12.517446289
- closing_issuer_shares_m
- 427.930397398
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.613575571
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2032
- declaration_date
2033-03-25
- ex_date
2033-04-28
- record_date
2033-04-29
- pay_date
2033-05-18
- dps_eur
- 1.513604366
- old_cash_paid_oku
- 3.974235232
- company_cash_paid_oku
- 6.31830181
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 417.434169181
- company_liability_on_declaration_oku
- 6.31830181
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2033-01-01
- 期間末
2033-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 11.923411451
- wdp_rental_ifrs_revenue_oku
- 9.382046916
- argan_rental_ifrs_revenue_oku
- 2.541364535
- tenant_charges_recovered_as_income_oku
- 1.577990511
- other_property_income_net_incl_energy_oku
- 0.751871148
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.587524032
- early_termination_wdp_memo_subset_not_additive_oku
- 0.066164704
- modeled_positive_ifrs_operating_revenue_lines_oku
- 14.25327311
- leasing_cost_oku
- 0.00904002
- tenant_reimbursable_occupancy_cost_oku
- 1.800671975
- property_technical_expense_oku
- 0.244106294
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.066525275
- nonenergy_technical_expense_balance_oku
- 0.177581019
- property_commercial_expense_oku
- 0.036597916
- property_management_expense_oku
- 0.153525809
- ARGAN_other_direct_property_expense_oku
- 0.007248536
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 2.251190549
- source_table_rounding_allocation_oku
- -2.597E-6
- net_operating_property_contribution_including_energy_oku
- 12.002079964
- wdp_component_net_operating_contribution_oku
- 9.429590724
- ARGAN_component_net_operating_contribution_oku
- 2.57248924
- wdp_company_admin_expense_oku
- 0.302318805
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.377318805
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 11.520761159
- net_finance_expense_oku
- 2.544067027
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 9.183694132
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 8.996594132
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 11.520761159
- ifrs_pre_tax_bridge_oku
- 9.183694132
- parent_profit_bridge_oku
- 8.996594132
- revenue_to_NOI_rounding_residual_oku
- -0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 9
内容を開く
- period_index
- 8
- period_type
full_fiscal_year
- fiscal_year
- 2034
- 開始日
2034-01-01
- 終了日
2034-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 8.150581793
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 108.07387239
- opening_net_financial_debt_oku
- 82.127274596
- opening_jv_book_oku
- 5.232285479
- opening_nci_equity_oku
- 0.75084
- opening_gross_financial_debt_proxy_oku
- 82.977274596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.57165
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 427.930397398
- gross_property_noi_oku
- 12.879838314
- corporate_admin_expense_oku
- 0.383062862
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 12.392775452
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 12.392775452
- net_finance_expense_oku
- 2.657398867
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 5.459285479
- ifrs_profit_before_tax_oku
- 9.942376585
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 9.942376585
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 9.755276585
- parent_recurring_earnings_ex_fv_oku
- 9.755276585
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 9.746376585
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 9.126376585
- cash_after_maintenance_and_growth_before_shareholders_oku
- 1.489376585
- growth_capex_cash_oku
- 7.637
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.319830471
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 6.652056855
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 1.65503027
- new_cash_shares_issued_m
- 7.281197936
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.040221527
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 4.081539584
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 4.081539584
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 113.14112239
- closing_net_financial_debt_oku
- 85.698924596
- closing_gross_financial_debt_proxy_oku
- 86.548924596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.80094
- closing_carried_property_and_energy_proxy_oku
- 190.442054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 13.411007339
- closing_issuer_shares_m
- 436.571647332
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.601430807
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- -0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2033
- declaration_date
2034-03-31
- ex_date
2034-04-27
- record_date
2034-04-28
- pay_date
2034-05-17
- dps_eur
- 1.554471684
- old_cash_paid_oku
- 4.081539584
- company_cash_paid_oku
- 6.652056855
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 427.930397398
- company_liability_on_declaration_oku
- 6.652056855
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2034-01-01
- 期間末
2034-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 12.796253996
- wdp_rental_ifrs_revenue_oku
- 10.186272618
- argan_rental_ifrs_revenue_oku
- 2.609981378
- tenant_charges_recovered_as_income_oku
- 1.668952907
- other_property_income_net_incl_energy_oku
- 0.813626061
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.637886381
- early_termination_wdp_memo_subset_not_additive_oku
- 0.071836319
- modeled_positive_ifrs_operating_revenue_lines_oku
- 15.278832964
- leasing_cost_oku
- 0.009814927
- tenant_reimbursable_occupancy_cost_oku
- 1.910279237
- property_technical_expense_oku
- 0.265030998
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.072227798
- nonenergy_technical_expense_balance_oku
- 0.1928032
- property_commercial_expense_oku
- 0.039735076
- property_management_expense_oku
- 0.166685986
- ARGAN_other_direct_property_expense_oku
- 0.007444247
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 2.398990471
- source_table_rounding_allocation_oku
- -4.179E-6
- net_operating_property_contribution_including_energy_oku
- 12.879838314
- wdp_component_net_operating_contribution_oku
- 10.237891865
- ARGAN_component_net_operating_contribution_oku
- 2.641946449
- wdp_company_admin_expense_oku
- 0.308062862
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.383062862
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 12.392775452
- net_finance_expense_oku
- 2.657398867
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 9.942376585
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 9.755276585
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 12.392775452
- ifrs_pre_tax_bridge_oku
- 9.942376585
- parent_profit_bridge_oku
- 9.755276585
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 10
内容を開く
- period_index
- 9
- period_type
full_fiscal_year
- fiscal_year
- 2035
- 開始日
2035-01-01
- 終了日
2035-12-31
- calendar_days
- 365
- fiscal_denominator_days
- 365
- year_fraction
- 1
- end_time_years_act365_25
- 9.149897331
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 113.14112239
- opening_net_financial_debt_oku
- 85.698924596
- opening_jv_book_oku
- 5.459285479
- opening_nci_equity_oku
- 0.80094
- opening_gross_financial_debt_proxy_oku
- 86.548924596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.6126
- cash_rollforward_residual_oku
- 0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 436.571647332
- gross_property_noi_oku
- 13.787691938
- corporate_admin_expense_oku
- 0.388916056
- noncash_sbc_expense_in_ifrs_oku
- 0.009
- depreciation_oku
- 0.095
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 13.294775881
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 13.294775881
- net_finance_expense_oku
- 2.772041107
- equity_accounted_jv_profit_oku
- 0.207
- equity_accounted_jv_cash_distributions_received_oku
- 0.04
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.06
- closing_equity_accounted_jv_book_oku
- 5.686285479
- ifrs_profit_before_tax_oku
- 10.729734774
- ifrs_total_tax_oku
- 0.133
- cash_tax_before_merger_cost_deduction_oku
- 0.133
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 10.729734774
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.133
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.0541
- parent_ifrs_net_income_oku
- 10.542634774
- parent_recurring_earnings_ex_fv_oku
- 10.542634774
- noncash_sbc_cashflow_addback_oku
- 0.009
- noncash_depreciation_addback_oku
- 0.095
- operating_cash_after_finance_tax_before_maintenance_oku
- 10.533734774
- maintenance_capex_cash_oku
- 0.62
- sustainable_cash_after_maintenance_before_growth_oku
- 9.913734774
- cash_after_maintenance_and_growth_before_shareholders_oku
- 2.185734774
- growth_capex_cash_oku
- 7.728
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.3
- forecast_property_in_kind_shares_issued_m
- 1.293951442
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.004
- nci_profit_annualized_H1_actual_proxy_oku
- 0.0541
- company_dividend_cash_oku
- 6.969614972
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 1.235280197
- new_cash_shares_issued_m
- 5.327975309
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0.039510341
- sbc_equity_credit_oku
- 0.009
- old_cohort_dividend_received_oku
- 4.191741154
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 4.191741154
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 118.25842239
- closing_net_financial_debt_oku
- 89.311524596
- closing_gross_financial_debt_proxy_oku
- 90.161524596
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.85104
- closing_carried_property_and_energy_proxy_oku
- 198.470054658
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 14.335064537
- closing_issuer_shares_m
- 443.233084425
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.592391785
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2034
- declaration_date
2035-03-30
- ex_date
2035-04-26
- record_date
2035-04-27
- pay_date
2035-05-16
- dps_eur
- 1.59644242
- old_cash_paid_oku
- 4.191741154
- company_cash_paid_oku
- 6.969614972
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 436.571647332
- company_liability_on_declaration_oku
- 6.969614972
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2035-01-01
- 期間末
2035-12-31
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 365
- argan_effective_fiscal_fraction
- 1
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 13.69902684
- wdp_rental_ifrs_revenue_oku
- 11.018575965
- argan_rental_ifrs_revenue_oku
- 2.680450875
- tenant_charges_recovered_as_income_oku
- 1.762929854
- other_property_income_net_incl_energy_oku
- 0.877527196
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.690007014
- early_termination_wdp_memo_subset_not_additive_oku
- 0.077705945
- modeled_positive_ifrs_operating_revenue_lines_oku
- 16.339483889
- leasing_cost_oku
- 0.010616889
- tenant_reimbursable_occupancy_cost_oku
- 2.023550378
- property_technical_expense_oku
- 0.286686239
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.078129411
- nonenergy_technical_expense_balance_oku
- 0.208556828
- property_commercial_expense_oku
- 0.042981763
- property_management_expense_oku
- 0.18030562
- ARGAN_other_direct_property_expense_oku
- 0.007645241
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 2.551786129
- source_table_rounding_allocation_oku
- -5.822E-6
- net_operating_property_contribution_including_energy_oku
- 13.787691938
- wdp_component_net_operating_contribution_oku
- 11.074412935
- ARGAN_component_net_operating_contribution_oku
- 2.713279003
- wdp_company_admin_expense_oku
- 0.313916056
- argan_company_admin_expense_oku
- 0.115
- model_synergy_reduction_of_admin_oku
- 0.04
- group_company_admin_expense_after_synergy_oku
- 0.388916056
- wdp_noncash_depreciation_oku
- 0.075
- argan_noncash_depreciation_assumed_oku
- 0.02
- group_noncash_depreciation_oku
- 0.095
- group_noncash_stock_comp_expense_oku
- 0.009
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 13.294775881
- net_finance_expense_oku
- 2.772041107
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.207
- ifrs_profit_before_tax_oku
- 10.729734774
- ifrs_tax_expense_oku
- 0.133
- noncontrolling_interest_profit_oku
- 0.0541
- ifrs_parent_net_profit_oku
- 10.542634774
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.62
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.04
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 13.294775882
- ifrs_pre_tax_bridge_oku
- 10.729734775
- parent_profit_bridge_oku
- 10.542634775
- revenue_to_NOI_rounding_residual_oku
- 0
- NOI_to_ebit_rounding_residual_oku
- 1.0E-9
- pbt_to_parent_rounding_residual_oku
- 1.0E-9
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- 11
内容を開く
- period_index
- 10
- period_type
last_partial_to_10y
- fiscal_year
- 2036
- 開始日
2036-01-01
- 終了日
2036-11-06
- calendar_days
- 311
- fiscal_denominator_days
- 366
- year_fraction
- 0.849726776
- end_time_years_act365_25
- 10.001368925
- source_data_status
projection_after_2026_11_06
- opening_parent_equity_oku
- 118.25842239
- opening_net_financial_debt_oku
- 89.311524596
- opening_jv_book_oku
- 5.686285479
- opening_nci_equity_oku
- 0.85104
- opening_gross_financial_debt_proxy_oku
- 90.161524596
- opening_cash_proxy_oku
- 0.85
- argan_gross_financial_debt_brought_in_oku
- 0
- argan_post_special_cash_brought_in_oku
- 0
- gross_debt_net_issuance_positive_or_repayment_negative_oku
- 3.104519262
- cash_rollforward_residual_oku
- -0
- opening_wdp_holder_shares_m
- 262.567638
- opening_issuer_shares_m
- 443.233084425
- gross_property_noi_oku
- 12.48846997
- corporate_admin_expense_oku
- 0.335540501
- noncash_sbc_expense_in_ifrs_oku
- 0.007647541
- depreciation_oku
- 0.080724044
- noncash_property_fair_value_profit_oku
- 0
- ifrs_operating_profit_before_merger_cost_oku
- 12.064557884
- ifrs_merger_cost_recognized_in_operating_profit_oku
- 0
- ifrs_operating_profit_oku
- 12.064557884
- net_finance_expense_oku
- 2.454005616
- equity_accounted_jv_profit_oku
- 0.175893443
- equity_accounted_jv_cash_distributions_received_oku
- 0.033989071
- equity_accounted_jv_new_equity_financing_cash_oku
- 0.050983607
- closing_equity_accounted_jv_book_oku
- 5.879173458
- ifrs_profit_before_tax_oku
- 9.786445711
- ifrs_total_tax_oku
- 0.113013661
- cash_tax_before_merger_cost_deduction_oku
- 0.113013661
- merger_cost_tax_relief_rate_assumed
- 0
- merger_cost_tax_relief_cash_oku
- 0
- pretax_nonmerger_earnings_oku
- 9.786445711
- statutory_pretax_merger_cost_included
- はい
- of_which_cash_tax_proxy_oku
- 0.113013661
- of_which_non_cash_fair_value_tax_oku
- 0
- argan_integration_transaction_expense_cash_oku
- 0
- nci_profit_oku
- 0.045970219
- parent_ifrs_net_income_oku
- 9.627461831
- parent_recurring_earnings_ex_fv_oku
- 9.627461831
- noncash_sbc_cashflow_addback_oku
- 0.007647541
- noncash_depreciation_addback_oku
- 0.080724044
- operating_cash_after_finance_tax_before_maintenance_oku
- 9.619899263
- maintenance_capex_cash_oku
- 0.526830601
- sustainable_cash_after_maintenance_before_growth_oku
- 9.093068662
- cash_after_maintenance_and_growth_before_shareholders_oku
- 2.449055001
- growth_capex_cash_oku
- 6.644013661
- property_sales_cash_oku
- 0
- property_in_kind_noncash_oku
- 0.254918033
- forecast_property_in_kind_shares_issued_m
- 1.077946262
- issuer_buyback_shares_repur_m
- 0
- nci_dividends_cash_oku
- 0.003398907
- nci_profit_annualized_H1_actual_proxy_oku
- 0.045970219
- company_dividend_cash_oku
- 7.267011924
- company_tender_buyback_cash_oku
- 0
- external_paid_equity_cash_oku
- 1.767820175
- new_cash_shares_issued_m
- 7.475403479
- argan_merger_shares_issued_m
- 0
- forecast_sbc_shares_delivered_m
- 0
- sbc_equity_credit_oku
- 0.007647541
- old_cohort_dividend_received_oku
- 4.304918164
- old_cohort_buyback_received_oku
- 0
- old_cohort_total_real_cash_received_oku
- 4.304918164
- argan_special_cash_received_by_wdp_old_holders_oku
- 0
- argan_net_debt_brought_in_oku
- 0
- argan_withdrawal_cash_external_oku
- 0
- argan_fy26_delayed_dividend_eligible_shares_after_dissent_buyback
- 0
- argan_late_fy26_distribution_external_oku
- 0
- argan_extra_bridge_debt_included_once_oku
- 0
- argan_parent_equity_brought_in_after_special_oku
- 0
- argan_nci_brought_in_oku
- 0
- closing_parent_equity_oku
- 122.649258046
- closing_net_financial_debt_oku
- 92.416043858
- closing_gross_financial_debt_proxy_oku
- 93.266043858
- closing_cash_proxy_oku
- 0.85
- closing_nci_equity_oku
- 0.893611311
- closing_carried_property_and_energy_proxy_oku
- 205.368986352
- property_proxy_excludes_JV_book_and_JV_NOI
- はい
- closing_full_year_property_noi_runrate_oku
- 15.146213342
- closing_issuer_shares_m
- 451.786434166
- closing_old_cohort_shares_m
- 262.567638
- closing_old_cohort_fraction
- 0.581176455
- model_financial_ltv_proxy
- 0.45
- equity_rollforward_residual_oku
- 0
- pretax_profit_bridge_residual_oku
- 0
- assumed_dps_paid_during_period
- 1
内容を開く
- fiscal_year
- 2035
- declaration_date
2036-03-28
- ex_date
2036-04-24
- record_date
2036-04-25
- pay_date
2036-05-21
- dps_eur
- 1.639546365
- old_cash_paid_oku
- 4.304918164
- company_cash_paid_oku
- 7.267011924
- old_shares_entitled_m
- 262.567638
- company_shares_entitled_m
- 443.233084425
- company_liability_on_declaration_oku
- 7.267011924
- 状態
future_scenario_assumption
- growth_asset_yield_assumption
- 0.07
- organic_noi_growth_assumption
- 0.027
- tax_rate_proxy_not_reported
- はい
- ifrs_operating_revenue_to_noi_to_parent_bridge
内容を開く
- period_start
2036-01-01
- 期間末
2036-11-06
- 状態
conditional_forward_imputation_from_model_NOI_not_reported_future_sales
- revenue_forecast_verified_by_company
- いいえ
- exact_future_ifrs_revenue_independently_estimated_oku
- 未確認
- IFRS_line_item_classification_2026_anchor_primary_not_future_assurance
- はい
- source_wdp
wdp_9m_2026_company_ifrs_pages_42_48_53
- source_argan
argan_h1_2026_company_ifrs_page_5
- argan_consolidated_only_after_assumed_merger
- はい
- argan_effective_consolidation_days
- 311
- argan_effective_fiscal_fraction
- 0.849726776
- ARGAN_2027_cash_distribution_and_3to1_issue_are_not_turnover
- はい
- wda_noi_assignment_method
Legacy WDP absorbs all new development/in-kind NOI after acquisition; acquired ARGAN NOI follows organic rental growth only; scenario assumption
- rental_ifrs_revenue_oku
- 12.408827455
- wdp_rental_ifrs_revenue_oku
- 10.074415356
- argan_rental_ifrs_revenue_oku
- 2.334412099
- tenant_charges_recovered_as_income_oku
- 1.577324318
- other_property_income_net_incl_energy_oku
- 0.800232064
- energy_sales_of_wdp_memo_subset_not_additive_oku
- 0.630881638
- early_termination_wdp_memo_subset_not_additive_oku
- 0.071047472
- modeled_positive_ifrs_operating_revenue_lines_oku
- 14.786383838
- leasing_cost_oku
- 0.009707148
- tenant_reimbursable_occupancy_cost_oku
- 1.815267114
- property_technical_expense_oku
- 0.262120646
- energy_operating_cost_allocated_WITHIN_technical_expense_memo_oku
- 0.071434652
- nonenergy_technical_expense_balance_oku
- 0.190685994
- property_commercial_expense_oku
- 0.039298738
- property_management_expense_oku
- 0.164855578
- ARGAN_other_direct_property_expense_oku
- 0.006658262
- direct_property_costs_total_EXCLUDING_duplicate_energy_memo_oku
- 2.297907484
- source_table_rounding_allocation_oku
- -6.383E-6
- net_operating_property_contribution_including_energy_oku
- 12.48846997
- wdp_component_net_operating_contribution_oku
- 10.125467763
- ARGAN_component_net_operating_contribution_oku
- 2.363002207
- wdp_company_admin_expense_oku
- 0.271810993
- argan_company_admin_expense_oku
- 0.097718579
- model_synergy_reduction_of_admin_oku
- 0.033989071
- group_company_admin_expense_after_synergy_oku
- 0.335540501
- wdp_noncash_depreciation_oku
- 0.063729508
- argan_noncash_depreciation_assumed_oku
- 0.016994536
- group_noncash_depreciation_oku
- 0.080724044
- group_noncash_stock_comp_expense_oku
- 0.007647541
- noncash_property_revaluation_gain_or_loss_oku
- 0
- merger_advisory_cost_expensed_pnl_oku
- 0
- merger_company_equity_direct_fee_if_IFRS32_oku
- 0
- ifrs_operating_profit_oku
- 12.064557884
- net_finance_expense_oku
- 2.454005616
- equity_accounted_JV_profit_outside_IFRS_sales_oku
- 0.175893443
- ifrs_profit_before_tax_oku
- 9.786445711
- ifrs_tax_expense_oku
- 0.113013661
- noncontrolling_interest_profit_oku
- 0.045970219
- ifrs_parent_net_profit_oku
- 9.627461831
- maintenance_capex_BS_cash_not_current_revenue_expense_oku
- 0.526830601
- jv_distributions_are_investing_cash_NOT_IFRS_sales_oku
- 0.033989071
- lease_rental_revenue_margin_implied_not_independently_underwritten
- はい
- source_2026_9m_energy_cost_2583EURk_is_subclassification_within_property_technical_ASSUMED
- はい
- ifrs_operating_profit_bridge_oku
- 12.064557884
- ifrs_pre_tax_bridge_oku
- 9.786445711
- parent_profit_bridge_oku
- 9.627461831
- revenue_to_NOI_rounding_residual_oku
- -0
- NOI_to_ebit_rounding_residual_oku
- 0
- pbt_to_parent_rounding_residual_oku
- 0
- gross_property_noi_is_not_IFRS_revenue
- はい
- gross_property_noi_definition
modeled property operating NOI-like contribution, includes energy, after tenant and direct property costs, before G&A; forecast, not audited revenue
- terminal_value_bridge
内容を開く
- valuation_date
2036-11-06
- terminal_years_act_365_25
- 10.001368925
- next_twelve_month_noi_oku
- 15.388552755
- assumed_stabilized_exit_property_yield
- 0.0595
- property_asset_value_capitalized_noi_oku
- 258.631138741
- net_financial_debt_deducted_oku
- 92.416043858
- non_controlling_equity_deducted_oku
- 0.893611311
- equity_method_jv_net_asset_value_added_not_in_noi_oku
- 5.291256112
- equity_method_jv_book_rollforward_end_oku
- 5.879173458
- future_annual_corporate_overhead_oku
- 0.394880462
- future_annual_cash_tax_oku
- 0.160543779
- future_annual_maintenance_capex_oku
- 0.719535312
- future_annual_sbc_employee_share_delivery_m
- 0.03881173
- future_assumed_market_price_for_sbc_eur
- 23.188865946
- future_annual_cash_buyback_needed_to_neutralize_sbc_oku
- 0.009
- FY2036_accrued_pre_valuation_SBC_issued_after_cutoff_expense_oku
- 0.007647541
- FY2036_Dec15_conditional_unissued_SBC_shares_m
- 0.032979366
- FY2036_Dec15_conditional_issue_price_eur
- 23.188865946
- FY2036_pending_awards_oneoff_stock_neutral_buyback_cash_oku
- 0.007647541
- FY2036_pending_awards_and_2037plus_recurring_cost_distinct
- はい
- events_after_term_not_in_IRR
- 1
内容を開く
- 想定日
2036-12-15
- 種類
forecast_delivery_of_pre_terminal_awards_no_cash_to_old_owners
- stock_shares_m
- 0.032979366
- is_confirmed
- いいえ
- included_as_oneoff_equivalent_in_terminal
- はい
- future_capitalized_corporate_tax_sbc_drag_oku
- 6.719336195
- future_capitalized_maintenance_reserve_oku
- 8.565896566
- terminal_corporate_drag_capitalization_rate
- 0.1
- terminal_long_run_g
- 0.016
- term_equity_value_company_oku
- 155.319859381
- old_cohort_fraction_at_horizon
- 0.581176455
- terminal_old_cohort_mcap_oku
- 90.268245189
- unpaid_ex_date_before_terminal_payment_after_terminal_stress
内容を開く
- 状態
hypothetical_only_not_in_main_scenario
- ex_date_assumed
2036-11-03
- payment_date_assumed
2036-11-20
- illustrative_dividend_per_share_eur
- 0.1
- company_dividend_liability_if_declared_oku
- 0.451786434
- old_cohort_entitled_receivable_oku
- 0.262567638
- ex_div_company_equity_value_oku
- 154.868072947
- old_cohort_ex_div_shares_value_oku
- 90.005677551
- old_cohort_ex_div_shares_plus_claim_oku
- 90.268245189
- invariance_to_pre_hypothetical_terminal_value_oku
- -0
- main_timed_cashflows_amount_oku
- 0
- main_payout_oku_changes
- いいえ
- 注記
When ex-date creates entitlement before cutoff but payment is after, accrue claim separately, deduct issuer payable from ex-div shares, carry receivable inside mcap once; no post-cutoff CF.
- no_dated_terminal_cashflow
- はい
- FY2036_unattached_dividend_expected_ex_date_after_horizon
2037-04-29 (illustrative; not a separately established dividend receivable)
- basecase_ex_before_horizon_pay_after_horizon_count
- 0
- no_2027_plus_argan_cash_11eur_to_wdp_old_holders
- はい
- final_2036_12_dividend_excluded
- はい
- future_unpaid_dividend_rights_rule
ex<=terminal<pay -> terminal shares ex-div plus old holder receivable (not timed payout). ex>terminal -> no old holder receivable; future ordinary dividend is represented in cum-right shares price only
- post2036_sbc_neutralized_by_continuing_repurchases_once_no_double_dilution
- はい
- parent_equity_carrying_is_not_2036_terminal_mark_to_market
- はい
- old_holder_economics
内容を開く
- original_cohort_shares
- 262567638
- original_cohort_market_value_oku
- 50.938121772
- final_cohort_shares_m
- 262.567638
- final_total_shares_m
- 451.786434166
- final_old_fraction
- 0.581176455
- 期間内株主受取
- 38.297349067
- terminal_old_cohort_mcap_oku
- 90.268245189
- dividend_cash_oku
- 38.297349067
- pro_rata_buyback_cash_oku
- 0
- argan_special_dividend_oku
- 0
- unpaid_2036_after_horizon_dividends_oku
- 0
- terminal_cross_boundary_ex_entitlement_sensitivity_oku
- 0.262567638
- last_payment_in_horizon_observed_or_forecast_only
May 2036 FY2035 dividend is forecast
- horizons
- y10
内容を開く
- キャッシュフローの算出方法
timed_holder_cashflows_v1
- 期間内の親会社利益合計（億）
- 78.790829501
- 期間内株主受取
- 38.297349067
- 終価
- 90.268245189
- 日付別キャッシュフロー
内容を開く
- 1
内容を開く
- year
- 0.038329911
- 想定日
2026-11-20
- 金額
- 0
- 種類
argan_egm_scheduled_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
ARGAN/WDP merger announcements
- conditional
- はい
- 2
内容を開く
- year
- 0.049281314
- 想定日
2026-11-24
- 金額
- 0
- 種類
wdp_egm_scheduled_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
WDP EGM invitation
- conditional
- はい
- 3
内容を開く
- year
- 0.150581793
- 想定日
2026-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 4
内容を開く
- year
- 0.150581793
- 想定日
2026-12-31
- 金額
- 0
- 種類
fy2026_results_cutoff_reassessment
- 状態
assumed
- non_cash
- はい
- 出典
future reporting date, not cash
- 5
内容を開く
- year
- 0.303901437
- 想定日
2027-02-25
- 金額
- 0
- 種類
argan_proposed_11eur_special_ex_date_external
- 状態
assumed
- non_cash_for_wdp_cohort
- はい
- external_eur_per_share
- 11
- external_total_oku
- 2.83237812
- eligible_argan_shares
- 25748892
- conditional
- はい
- 6
内容を開く
- year
- 0.325804244
- 想定日
2027-03-05
- 金額
- 0
- 種類
argan_proposed_11eur_special_paid_external
- 状態
conditional_unapproved_projection
- non_cash_for_wdp_cohort
- はい
- external_cash_oku
- 2.83237812
- conditional
- はい
- 7
内容を開く
- year
- 0.34770705
- 想定日
2027-03-13
- 金額
- 0
- 種類
argan_free_awards_conditionally_vest_pre_merger
- 状態
assumed
- non_cash_for_old_wdp_cohort
- はい
- conditional_award_shares
- 15435
- after_special_ex_date
- はい
- unconfirmed
- はい
- 8
内容を開く
- year
- 0.353182752
- 想定日
2027-03-15
- 金額
- 0
- 種類
argan_merger_stock_issue_dilution_no_holder_cash
- 状態
assumed
- non_cash
- はい
- conditional
- はい
- wdp_new_shares
- 77292981
- argan_dissent_withdrawn_shares
- 0
- wdp_old_holder_fraction_after
- 0.772574471
- acquired_property_proxy_oku
- 43.40502
- acquired_financial_net_debt_oku
- 21.89872812
- acquired_equity_book_proxy_oku
- 21.92571188
- detail
ARGAN post-cash-out net assets transferred once, PPA unknown
- 9
内容を開く
- year
- 0.38329911
- 想定日
2027-03-26
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2026
- dps_eur
- 1.29
- company_liability_accrued_oku
- 4.384201985
- ex_date_assumed
2027-04-29
- record_date_assumed
2027-04-30
- payment_date_assumed
2027-05-19
- confirmed
- いいえ
- 10
内容を開く
- year
- 0.476386037
- 想定日
2027-04-29
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2026
- ex_date
2027-04-29
- payment_date_assumed
2027-05-19
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 339.860619
- confirmed
- いいえ
- 11
内容を開く
- year
- 0.479123888
- 想定日
2027-04-30
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2027-04-29
- forecast_fiscal_year
- 2026
- confirmed
- いいえ
- 12
内容を開く
- year
- 0.531143053
- 想定日
2027-05-19
- 金額
- 3.38712253
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2027-04-29
- record_date_assumed
2027-04-30
- forecast_fiscal_year
- 2026
- dps_eur
- 1.29
- wdp_company_cash_total_oku
- 4.384201985
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 13
内容を開く
- year
- 0.821355236
- 想定日
2027-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.516070346
- forecast_issue_price_eur
- 19.788
- old_holder_share_fraction_after
- 0.769143431
- 14
内容を開く
- year
- 0.90349076
- 想定日
2027-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.198765708
- issued_shares_m
- 6.058043807
- forecast_price_eur
- 19.788
- old_holder_fraction_after
- 0.755732266
- 15
内容を開く
- year
- 1.106091718
- 想定日
2027-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.045571466
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.755633152
- 16
内容を開く
- year
- 1.149897331
- 想定日
2027-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 17
内容を開く
- year
- 1.399041752
- 想定日
2028-03-31
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2027
- dps_eur
- 1.32483
- company_liability_accrued_oku
- 4.60352332
- ex_date_assumed
2028-04-27
- record_date_assumed
2028-04-28
- payment_date_assumed
2028-05-17
- confirmed
- いいえ
- 18
内容を開く
- year
- 1.472963723
- 想定日
2028-04-27
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2027
- ex_date
2028-04-27
- payment_date_assumed
2028-05-17
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 347.480304619
- confirmed
- いいえ
- 19
内容を開く
- year
- 1.475701574
- 想定日
2028-04-28
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2028-04-27
- forecast_fiscal_year
- 2027
- confirmed
- いいえ
- 20
内容を開く
- year
- 1.527720739
- 想定日
2028-05-17
- 金額
- 3.478574839
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2028-04-27
- record_date_assumed
2028-04-28
- forecast_fiscal_year
- 2027
- dps_eur
- 1.32483
- wdp_company_cash_total_oku
- 4.60352332
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 21
内容を開く
- year
- 1.823408624
- 想定日
2028-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.486343476
- forecast_issue_price_eur
- 20.18376
- old_holder_share_fraction_after
- 0.752414706
- 22
内容を開く
- year
- 1.905544148
- 想定日
2028-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.030085763
- issued_shares_m
- 10.058015767
- forecast_price_eur
- 20.18376
- old_holder_fraction_after
- 0.731335934
- 23
内容を開く
- year
- 2.108145106
- 想定日
2028-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.044765684
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.731244758
- 24
内容を開く
- year
- 2.151950719
- 想定日
2028-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 25
内容を開く
- year
- 2.395619439
- 想定日
2029-03-30
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2028
- dps_eur
- 1.36060041
- company_liability_accrued_oku
- 4.885500131
- ex_date_assumed
2029-04-26
- record_date_assumed
2029-04-27
- payment_date_assumed
2029-05-16
- confirmed
- いいえ
- 26
内容を開く
- year
- 2.46954141
- 想定日
2029-04-26
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2028
- ex_date
2029-04-26
- payment_date_assumed
2029-05-16
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 359.069429546
- confirmed
- いいえ
- 27
内容を開く
- year
- 2.472279261
- 想定日
2029-04-27
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2029-04-26
- forecast_fiscal_year
- 2028
- confirmed
- いいえ
- 28
内容を開く
- year
- 2.524298426
- 想定日
2029-05-16
- 金額
- 3.572496359
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2029-04-26
- record_date_assumed
2029-04-27
- forecast_fiscal_year
- 2028
- dps_eur
- 1.36060041
- wdp_company_cash_total_oku
- 4.885500131
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 29
内容を開く
- year
- 2.822724162
- 想定日
2029-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.457199486
- forecast_issue_price_eur
- 20.5874352
- old_holder_share_fraction_after
- 0.728289166
- 30
内容を開く
- year
- 2.904859685
- 想定日
2029-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 3.160353753
- issued_shares_m
- 15.350886219
- forecast_price_eur
- 20.5874352
- old_holder_fraction_after
- 0.698545743
- 31
内容を開く
- year
- 3.107460643
- 想定日
2029-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.043974149
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.698464029
- 32
内容を開く
- year
- 3.151266256
- 想定日
2029-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 33
内容を開く
- year
- 3.392197125
- 想定日
2030-03-29
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2029
- dps_eur
- 1.397336621
- company_liability_accrued_oku
- 5.252888638
- ex_date_assumed
2030-04-25
- record_date_assumed
2030-04-26
- payment_date_assumed
2030-05-15
- confirmed
- いいえ
- 34
内容を開く
- year
- 3.466119097
- 想定日
2030-04-25
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2029
- ex_date
2030-04-25
- payment_date_assumed
2030-05-15
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 375.921489401
- confirmed
- いいえ
- 35
内容を開く
- year
- 3.468856947
- 想定日
2030-04-26
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2030-04-25
- forecast_fiscal_year
- 2029
- confirmed
- いいえ
- 36
内容を開く
- year
- 3.520876112
- 想定日
2030-05-15
- 金額
- 3.668953761
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2030-04-25
- record_date_assumed
2030-04-26
- forecast_fiscal_year
- 2029
- dps_eur
- 1.397336621
- wdp_company_cash_total_oku
- 5.252888638
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 37
内容を開く
- year
- 3.822039699
- 想定日
2030-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.428626947
- forecast_issue_price_eur
- 20.999183904
- old_holder_share_fraction_after
- 0.695819682
- 38
内容を開く
- year
- 3.904175222
- 想定日
2030-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.926125921
- issued_shares_m
- 13.934474476
- forecast_price_eur
- 20.999183904
- old_holder_fraction_after
- 0.671040067
- 39
内容を開く
- year
- 4.106776181
- 想定日
2030-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.04319661
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.670965994
- 40
内容を開く
- year
- 4.150581793
- 想定日
2030-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 41
内容を開く
- year
- 4.388774812
- 想定日
2031-03-28
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2030
- dps_eur
- 1.43506471
- company_liability_accrued_oku
- 5.615806978
- ex_date_assumed
2031-04-24
- record_date_assumed
2031-04-25
- payment_date_assumed
2031-05-21
- confirmed
- いいえ
- 42
内容を開く
- year
- 4.462696783
- 想定日
2031-04-24
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2030
- ex_date
2031-04-24
- payment_date_assumed
2031-05-21
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 391.327787435
- confirmed
- いいえ
- 43
内容を開く
- year
- 4.465434634
- 想定日
2031-04-25
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2031-04-24
- forecast_fiscal_year
- 2030
- confirmed
- いいえ
- 44
内容を開く
- year
- 4.536618754
- 想定日
2031-05-21
- 金額
- 3.768015513
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2031-04-24
- record_date_assumed
2031-04-25
- forecast_fiscal_year
- 2030
- dps_eur
- 1.43506471
- wdp_company_cash_total_oku
- 5.615806978
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 45
内容を開く
- year
- 4.821355236
- 想定日
2031-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.400614654
- forecast_issue_price_eur
- 21.419167582
- old_holder_share_fraction_after
- 0.668573082
- 46
内容を開く
- year
- 4.90349076
- 想定日
2031-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.661786477
- issued_shares_m
- 12.427123821
- forecast_price_eur
- 21.419167582
- old_holder_fraction_after
- 0.648066289
- 47
内容を開く
- year
- 5.106091718
- 想定日
2031-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.042432819
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.647998422
- 48
内容を開く
- year
- 5.149897331
- 想定日
2031-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 49
内容を開く
- year
- 5.385352498
- 想定日
2032-03-26
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2031
- dps_eur
- 1.473811457
- company_liability_accrued_oku
- 5.971853939
- ex_date_assumed
2032-04-29
- record_date_assumed
2032-04-30
- payment_date_assumed
2032-05-19
- confirmed
- いいえ
- 50
内容を開く
- year
- 5.478439425
- 想定日
2032-04-29
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2031
- ex_date
2032-04-29
- payment_date_assumed
2032-05-19
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 405.19795873
- confirmed
- いいえ
- 51
内容を開く
- year
- 5.481177276
- 想定日
2032-04-30
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2032-04-29
- forecast_fiscal_year
- 2031
- confirmed
- いいえ
- 52
内容を開く
- year
- 5.533196441
- 想定日
2032-05-19
- 金額
- 3.869751931
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2032-04-29
- record_date_assumed
2032-04-30
- forecast_fiscal_year
- 2031
- dps_eur
- 1.473811457
- wdp_company_cash_total_oku
- 5.971853939
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 53
内容を開く
- year
- 5.823408624
- 想定日
2032-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.373151622
- forecast_issue_price_eur
- 21.847550934
- old_holder_share_fraction_after
- 0.645809875
- 54
内容を開く
- year
- 5.905544148
- 想定日
2032-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.364205698
- issued_shares_m
- 10.821376296
- forecast_price_eur
- 21.847550934
- old_holder_fraction_after
- 0.629066517
- 55
内容を開く
- year
- 6.108145106
- 想定日
2032-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.041682534
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.629003703
- 56
内容を開く
- year
- 6.151950719
- 想定日
2032-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 57
内容を開く
- year
- 6.381930185
- 想定日
2033-03-25
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2032
- dps_eur
- 1.513604366
- company_liability_accrued_oku
- 6.31830181
- ex_date_assumed
2033-04-28
- record_date_assumed
2033-04-29
- payment_date_assumed
2033-05-18
- confirmed
- いいえ
- 58
内容を開く
- year
- 6.475017112
- 想定日
2033-04-28
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2032
- ex_date
2033-04-28
- payment_date_assumed
2033-05-18
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 417.434169181
- confirmed
- いいえ
- 59
内容を開く
- year
- 6.477754962
- 想定日
2033-04-29
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2033-04-28
- forecast_fiscal_year
- 2032
- confirmed
- いいえ
- 60
内容を開く
- year
- 6.529774127
- 想定日
2033-05-18
- 金額
- 3.974235232
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2033-04-28
- record_date_assumed
2033-04-29
- forecast_fiscal_year
- 2032
- dps_eur
- 1.513604366
- wdp_company_cash_total_oku
- 6.31830181
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 61
内容を開く
- year
- 6.822724162
- 想定日
2033-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.34622708
- forecast_issue_price_eur
- 22.284501952
- old_holder_share_fraction_after
- 0.626981684
- 62
内容を開く
- year
- 6.904859685
- 想定日
2033-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 2.029907678
- issued_shares_m
- 9.109055622
- forecast_price_eur
- 22.284501952
- old_holder_fraction_after
- 0.613634285
- 63
内容を開く
- year
- 7.107460643
- 想定日
2033-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.040945515
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.613575571
- 64
内容を開く
- year
- 7.151266256
- 想定日
2033-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 65
内容を開く
- year
- 7.397672827
- 想定日
2034-03-31
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2033
- dps_eur
- 1.554471684
- company_liability_accrued_oku
- 6.652056855
- ex_date_assumed
2034-04-27
- record_date_assumed
2034-04-28
- payment_date_assumed
2034-05-17
- confirmed
- いいえ
- 66
内容を開く
- year
- 7.471594798
- 想定日
2034-04-27
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2033
- ex_date
2034-04-27
- payment_date_assumed
2034-05-17
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 427.930397398
- confirmed
- いいえ
- 67
内容を開く
- year
- 7.474332649
- 想定日
2034-04-28
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2034-04-27
- forecast_fiscal_year
- 2033
- confirmed
- いいえ
- 68
内容を開く
- year
- 7.526351814
- 想定日
2034-05-17
- 金額
- 4.081539584
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2034-04-27
- record_date_assumed
2034-04-28
- forecast_fiscal_year
- 2033
- dps_eur
- 1.554471684
- wdp_company_cash_total_oku
- 6.652056855
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 69
内容を開く
- year
- 7.822039699
- 想定日
2034-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.319830471
- forecast_issue_price_eur
- 22.730191991
- old_holder_share_fraction_after
- 0.611688989
- 70
内容を開く
- year
- 7.904175222
- 想定日
2034-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.65503027
- issued_shares_m
- 7.281197936
- forecast_price_eur
- 22.730191991
- old_holder_fraction_after
- 0.601486222
- 71
内容を開く
- year
- 8.106776181
- 想定日
2034-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.040221527
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.601430807
- 72
内容を開く
- year
- 8.150581793
- 想定日
2034-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 73
内容を開く
- year
- 8.394250513
- 想定日
2035-03-30
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2034
- dps_eur
- 1.59644242
- company_liability_accrued_oku
- 6.969614972
- ex_date_assumed
2035-04-26
- record_date_assumed
2035-04-27
- payment_date_assumed
2035-05-16
- confirmed
- いいえ
- 74
内容を開く
- year
- 8.468172485
- 想定日
2035-04-26
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2034
- ex_date
2035-04-26
- payment_date_assumed
2035-05-16
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 436.571647332
- confirmed
- いいえ
- 75
内容を開く
- year
- 8.470910335
- 想定日
2035-04-27
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2035-04-26
- forecast_fiscal_year
- 2034
- confirmed
- いいえ
- 76
内容を開く
- year
- 8.5229295
- 想定日
2035-05-16
- 金額
- 4.191741154
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2035-04-26
- record_date_assumed
2035-04-27
- forecast_fiscal_year
- 2034
- dps_eur
- 1.59644242
- wdp_company_cash_total_oku
- 6.969614972
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 77
内容を開く
- year
- 8.821355236
- 想定日
2035-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.3
- issued_shares_m
- 1.293951442
- forecast_issue_price_eur
- 23.184795831
- old_holder_share_fraction_after
- 0.599653498
- 78
内容を開く
- year
- 8.90349076
- 想定日
2035-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.235280197
- issued_shares_m
- 5.327975309
- forecast_price_eur
- 23.184795831
- old_holder_fraction_after
- 0.592444596
- 79
内容を開く
- year
- 9.106091718
- 想定日
2035-12-15
- 金額
- 0
- 種類
wdp_forecast_sbc_share_delivery_zero_old_holder_cash
- 状態
illustrative_not_disclosed_company_award
- non_cash
- はい
- issued_shares_m
- 0.039510341
- sbc_expense_oku
- 0.009
- equity_credit_oku
- 0.009
- future_share_purchase_oku_if_neutralized
- 0.009
- old_holder_fraction_after
- 0.592391785
- 80
内容を開く
- year
- 9.149897331
- 想定日
2035-12-31
- 金額
- 0
- 種類
fiscal_year_end_valuation_checkpoint
- 状態
assumed
- non_cash
- はい
- 81
内容を開く
- year
- 9.3908282
- 想定日
2036-03-28
- 金額
- 0
- 種類
wdp_dividend_declaration_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2035
- dps_eur
- 1.639546365
- company_liability_accrued_oku
- 7.267011924
- ex_date_assumed
2036-04-24
- record_date_assumed
2036-04-25
- payment_date_assumed
2036-05-21
- confirmed
- いいえ
- 82
内容を開く
- year
- 9.464750171
- 想定日
2036-04-24
- 金額
- 0
- 種類
wdp_dividend_ex_date_reassessment
- 状態
assumed
- non_cash
- はい
- forecast_fiscal_year
- 2035
- ex_date
2036-04-24
- payment_date_assumed
2036-05-21
- old_holder_shares_ex_m
- 262.567638
- total_shares_ex_m
- 443.233084425
- confirmed
- いいえ
- 83
内容を開く
- year
- 9.467488022
- 想定日
2036-04-25
- 金額
- 0
- 種類
wdp_dividend_record_date_reassessment
- 状態
assumed
- non_cash
- はい
- ex_date
2036-04-24
- forecast_fiscal_year
- 2035
- confirmed
- いいえ
- 84
内容を開く
- year
- 9.538672142
- 想定日
2036-05-21
- 金額
- 4.304918164
- 種類
wdp_cash_dividend_old_cohort
- 状態
forecast_not_declared_as_of_baseline
- ex_date
2036-04-24
- record_date_assumed
2036-04-25
- forecast_fiscal_year
- 2035
- dps_eur
- 1.639546365
- wdp_company_cash_total_oku
- 7.267011924
- eligible_old_shares_m
- 262.567638
- entitlement_rule
old cohort eligible via ex-date; after ex old buyers do not inherit payout
- 85
内容を開く
- year
- 9.823408624
- 想定日
2036-09-02
- 金額
- 0
- 種類
wdp_property_in_kind_stock_issue_dilution
- 状態
assumed
- non_cash
- はい
- company_in_kind_asset_added_oku
- 0.254918033
- issued_shares_m
- 1.077946262
- forecast_issue_price_eur
- 23.648491748
- old_holder_share_fraction_after
- 0.590954579
- 86
内容を開く
- year
- 9.905544148
- 想定日
2036-10-02
- 金額
- 0
- 種類
wdp_third_party_cash_issue_dilution_zero_old_cash
- 状態
unannounced_hypothetical
- non_cash_for_old_holder
- はい
- company_cash_raised_oku
- 1.767820175
- issued_shares_m
- 7.475403479
- forecast_price_eur
- 23.648491748
- old_holder_fraction_after
- 0.581176455
- 87
内容を開く
- year
- 10.001368925
- 想定日
2036-11-06
- 金額
- 0
- 種類
exact_10_calendar_year_valuation_date_zero_cash
- 状態
assumed
- non_cash
- はい
- terminal_value_in_mcap_not_timed_cashflows
- はい
- irr
- 0.121145118
- pv_at_coc_oku
- 58.905182083
- net_sum_definition
sum parent IFRS profit all 11 rows 2026partial+2027..2035+2036partial
- payout_definition
actual cash from company to original WDP cohort during 10 years
- mcap_definition
terminal remaining original WDP holder cohort market value at 2036-11-06 EXCLUDING cumulative dividends
- terminal_cashflow_excluded_from_timed_list
- はい
- irr_independent_validation
内容を開く
- brentq_act365_25_irr
- 0.121145118
- independent_bisection_calendar_xirr
- 0.121145118
- difference
- 0
- net_present_value_at_irr_oku
- 0
- cashflows_only_nonnegative
- はい
- capital_transactions
内容を開く
- 1
内容を開く
- 日付
2027-03-15
- 種類
merger_3_to_1_conditional
- 発行済株式数
- 77292981
- cash_raised_oku
- 0
- in_kind_business_combination_equity_proxy_oku
- 21.92571188
- 状態
assumed_completion_PPA_unknown
- 2
内容を開く
- 日付
2027-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1516070
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 19.788
- 3
内容を開く
- 日付
2027-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 6058044
- cash_raised_oku
- 1.198765708
- issue_price_eur
- 19.788
- 4
内容を開く
- 日付
2027-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 45571
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 5
内容を開く
- 日付
2028-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1486343
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 20.18376
- 6
内容を開く
- 日付
2028-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 10058016
- cash_raised_oku
- 2.030085763
- issue_price_eur
- 20.18376
- 7
内容を開く
- 日付
2028-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 44766
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 8
内容を開く
- 日付
2029-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1457199
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 20.5874352
- 9
内容を開く
- 日付
2029-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 15350886
- cash_raised_oku
- 3.160353753
- issue_price_eur
- 20.5874352
- 10
内容を開く
- 日付
2029-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 43974
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 11
内容を開く
- 日付
2030-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1428627
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 20.999183904
- 12
内容を開く
- 日付
2030-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 13934474
- cash_raised_oku
- 2.926125921
- issue_price_eur
- 20.999183904
- 13
内容を開く
- 日付
2030-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 43197
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 14
内容を開く
- 日付
2031-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1400615
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 21.419167582
- 15
内容を開く
- 日付
2031-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 12427124
- cash_raised_oku
- 2.661786477
- issue_price_eur
- 21.419167582
- 16
内容を開く
- 日付
2031-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 42433
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 17
内容を開く
- 日付
2032-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1373152
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 21.847550934
- 18
内容を開く
- 日付
2032-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 10821376
- cash_raised_oku
- 2.364205698
- issue_price_eur
- 21.847550934
- 19
内容を開く
- 日付
2032-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 41683
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 20
内容を開く
- 日付
2033-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1346227
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 22.284501952
- 21
内容を開く
- 日付
2033-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 9109056
- cash_raised_oku
- 2.029907678
- issue_price_eur
- 22.284501952
- 22
内容を開く
- 日付
2033-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 40946
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 23
内容を開く
- 日付
2034-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1319830
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 22.730191991
- 24
内容を開く
- 日付
2034-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 7281198
- cash_raised_oku
- 1.65503027
- issue_price_eur
- 22.730191991
- 25
内容を開く
- 日付
2034-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 40222
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 26
内容を開く
- 日付
2035-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1293951
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.3
- issue_price_eur
- 23.184795831
- 27
内容を開く
- 日付
2035-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 5327975
- cash_raised_oku
- 1.235280197
- issue_price_eur
- 23.184795831
- 28
内容を開く
- 日付
2035-12-15
- 種類
forecast_sbc_delivery
- 発行済株式数
- 39510
- cash_raised_oku
- 0
- expense_non_cash_oku
- 0.009
- equity_credit_oku
- 0.009
- 29
内容を開く
- 日付
2036-09-02
- 種類
forecast_property_in_kind
- 発行済株式数
- 1077946
- cash_raised_oku
- 0
- noncash_equity_created_oku
- 0.254918033
- issue_price_eur
- 23.648491748
- 30
内容を開く
- 日付
2036-10-02
- 種類
forecast_cash_issue_third_party
- 発行済株式数
- 7475403
- cash_raised_oku
- 1.767820175
- issue_price_eur
- 23.648491748
- income_bridge_apportioned_NOI_by_period
内容を開く
- 1
内容を開く
- period
- 2026
- wdp_NOI_oku
- 0.76501794
- ARGAN_NOI_oku
- 0
- consolidated_NOI_oku
- 0.76501794
- 2
内容を開く
- period
- 2027
- wdp_NOI_oku
- 5.261915519
- ARGAN_NOI_oku
- 1.777328
- consolidated_NOI_oku
- 7.039243519
- 3
内容を開く
- period
- 2028
- wdp_NOI_oku
- 5.872064638
- ARGAN_NOI_oku
- 2.25165241
- consolidated_NOI_oku
- 8.123717048
- 4
内容を開く
- period
- 2029
- wdp_NOI_oku
- 6.464036832
- ARGAN_NOI_oku
- 2.312447025
- consolidated_NOI_oku
- 8.776483857
- 5
内容を開く
- period
- 2030
- wdp_NOI_oku
- 7.166684823
- ARGAN_NOI_oku
- 2.374883095
- consolidated_NOI_oku
- 9.541567918
- 6
内容を開く
- period
- 2031
- wdp_NOI_oku
- 7.89470011
- ARGAN_NOI_oku
- 2.439004938
- consolidated_NOI_oku
- 10.333705048
- 7
内容を開く
- period
- 2032
- wdp_NOI_oku
- 8.648767606
- ARGAN_NOI_oku
- 2.504858072
- consolidated_NOI_oku
- 11.153625678
- 8
内容を開く
- period
- 2033
- wdp_NOI_oku
- 9.429590724
- ARGAN_NOI_oku
- 2.57248924
- consolidated_NOI_oku
- 12.002079964
- 9
内容を開く
- period
- 2034
- wdp_NOI_oku
- 10.237891865
- ARGAN_NOI_oku
- 2.641946449
- consolidated_NOI_oku
- 12.879838314
- 10
内容を開く
- period
- 2035
- wdp_NOI_oku
- 11.074412935
- ARGAN_NOI_oku
- 2.713279003
- consolidated_NOI_oku
- 13.787691938
- 11
内容を開く
- period
- 2036
- wdp_NOI_oku
- 10.125467763
- ARGAN_NOI_oku
- 2.363002207
- consolidated_NOI_oku
- 12.48846997
- income_bridge_projected_sales_status
unverified_conditional_calibration_not_independent_rental_underwriting
弱気・ARGAN成立（配当前後に遅延＋離脱）（確率 15.0%）
合併が2027年5月まで遅れ、ARGAN側で配当と一部株主の離脱が生じる仮定。借入コスト上昇と物件価値への圧力も見込みます。
確率の根拠
確率は分析上の主観的な仮定であり、取引の成立確率を観測した数値ではありません。５ケースで合計100%です。
中立・ARGAN不成立（確率 25.0%）
合併が成立せず、WDP単独で開発・賃貸を続ける仮定。ARGANの資産、負債、交換新株を加えません。
確率の根拠
確率は分析上の主観的な仮定であり、取引の成立確率を観測した数値ではありません。５ケースで合計100%です。
危機・ARGAN不成立（確率 10.0%）
合併不成立に加え、金利上昇と賃料の停滞、物件利回りの上昇で資産価値が下がる厳しい仮定。
確率の根拠
確率は分析上の主観的な仮定であり、取引の成立確率を観測した数値ではありません。５ケースで合計100%です。
事業の詳細
- principal_activities
内容を開く
- 1
pan-European leased logistics real estate
- 2
pre-let developments
- 3
solar panels and energy solutions
- 4
optional merger with French ARGAN property portfolio
- sectors
内容を開く
- 1
Belgium
- 2
Netherlands
- 3
France
- 4
Germany
- 5
Romania
- 6
Luxembourg and more
- income_mechanics
CPI indexed long duration tenancy; growth capex funded via retained earnings, external shares and debt
- not_an_asset_light_franchise
- はい
競争力の詳細
- business_understandability
- 0.88
- moat_stability
- 0.69
- management_capital_allocation
- 0.62
- balance_sheet_resilience
- 0.62
- owner_earnings_predictability
- 0.6
- ownership_overall
- 0.67
- score_is_analyst_subjective
- はい
業界の詳細
- reits_are_rate_sensitive
- はい
- rental_yield_source_2026_wdp_epra_niy
- 0.055
- base_year_occupancy
- 0.972
- company_projected_development_noi_yield
- 0.07
- property_valuation_mechanics
exit NOI / property cap-rate; subtract debt,NCI,maintenance and corporate/SBC perpetual cash costs; no market PER input
財務・資本配分の詳細
- wdp_9m_cash_flow_classification
Operating CF 3.407億 before payment interest classified financing; minus interest 0.646億 = 2.761億 before growth and shareholders; do not add EPRA unrealized gain to owner cash.
- oct_2026_raise_shares
- 20618556
- oct_2026_raise_cash_oku
- 4
- source_9m_scrip_dividend_stock_issue_shares
- 5404235
- source_9m_scrip_dividend_non_cash_oku
- 1.16
- argan_financial_net_debt_2026_06_30_incl_leases_oku
- 19.06635
- liability_lease_ifrs16_included_once
- はい
- cash_vs_book_profit
cash from recurrent NOI less cash interest,taxes,maintenance/growth capex; JV equity profit replaced by separately modeled cash distributions (0.040億EUR/full year) and JV reinvestment (0.060億EUR/full year); both analyst assumptions; fair value changes only IFRS and portfolio, never cash.
- holder_capital_policy
original old cohort collects 100% cash, no future scrip elected; no participation in new external paid issues; buyback in bull only proportional tender.
- sbc_policy
profit includes SBC expense, future deliveries dilute holder cohort; post horizon annual delivery compensated by equal shares bought for cash using assumed market price; no double subtraction from net earnings and cash.
- derivative_and_foreign_exchange_other_income
unmodeled_future=0 assumption; latest IFRS actual includes fair value financial instrument movements
評価根拠の詳細
- price_19_40_is_market_reference_not_target_value
- はい
- terminal_not_market_PER_based
- はい
- merger_exchange_ratio_uses_proposed_11eur_special_prepaid
- はい
- no_reuse_of_old_5y_payout
- はい
- 10y_cumulative_CF_from_2026_11_07_to_2036_11_06_only
- はい
- book_nav_not_mixed_with_exit_NOI_assessed_market_value
- はい
- PER_as_exit_multiple_used
- いいえ
分析基準とデータ
- 日付
2026-11-06
- 価格・単価
- 19.4
- price_eur
- 19.4
- 株数
- 262567638
- initial_old_holder_investment_oku
- 50.938121772
- 時価総額（億）
- 50.938121772
- shares_measure
post October 2 2026 private placement issued share count proxy, treasury not independently verified
- price_status
secondary_market_closing_print_verified_two_sources
- share_count_status
company_primary_merger_board_report
- starting_ownership
100pct of WDP post-placement issued-share proxy, no subscription for future external equity
- 株価の出所
2026年11月6日の19.40 EUR終値は複数の二次価格情報で照合。取引所の同日原票は未確認。
- 株数の出所
2026年10月の増資後発行済262,567,638株。2026年11月6日の自己株は未確認で、旧株主数の代理値。
検証上の留意点
- 1
ARGANとの合併は提案であり、株主総会や税務・規制の条件、成立時期、交換株数は未確定。
- 2
2026年9月末親会社資本51.41055億EURに10月の増資総額4.0億EURと追加0.37億EURを加えた55.78055億EURを開始持分の代理値としています。追加0.37億EURの根拠や対応資産は未確認です。この追加分だけを除き他の前提を固定すると、モデルの株主CF・終価・IRRは変わりませんが、対応する資産・現金などを変えた場合の影響は未検証です。
- 3
将来の賃料・回収費用等は、会社が発表した将来売上ではありません。物件純収益の予測を2026年実績の構成比で条件付きに分解した参考値です。NOIを売上と同一視しません。
- 4
合併前ARGANの11 EUR特別分配はARGAN旧株主の受取で、WDP既存株主の配当ではありません。
- 5
現地配当源泉税、ETF費用、投資家ごとの税、将来為替は含みません。予定イベント到達後は再評価します。
追加データ・検証記録
分析ごとに収録された追加の前提、年度別データ、検証上の注意を確認できます。
分析に使用した資料
- wdp_9m_2026
- wdp_9m_web_mirror
- wdp_sec_merger_board_report
- wdp_egm_invitation
- argan_h1_2026
- wdp_close_secondary
- wdp_close_secondary_check
- argan_primary_oct30_treasury_voting_rights
- wdp_2026_9m_company_published_pdf
- ifrs3_rule_official
- argan_sec_crossborder_merger_draft
- wdp_9m_2026_PRIMARY_income_statement_pages_42_48_53
- argan_H1_2026_PRIMARY_IFRS_income_statement_page_5