Nomura Real Estate Master Fund, Inc.
Stock Price Chart
2026/10/09 12:26 UpdatedPrice Trend
2026/10/09 12:26 UpdatedPrice & Trading Details
2026/10/09 12:26 UpdatedPRICE
TRADING
Analyst Recommendations 5 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Top Mutual Funds / ETFs
Updated 2026/10/01Major Holders
Updated 2026/10/01| Fund Name | Ownership | Shares | Change |
|---|---|---|---|
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
63.2K | +0.99% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
39.3K | +2.23% | |
|
Goldman Sachs TRT-Goldman Sachs Intl Small Cap Insights Fd.
|
37.4K | +44.34% | |
|
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Real Estate Securities PO
|
28.8K | -3.71% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
25.6K | +0.14% | |
|
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Global ex-U.S. Real Estate Inde
|
15.9K | -7.41% |
Dividend History 4Years Growth
Updated 2026/10/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥7,329 | +4.8% |
| 2025 | ¥6,995 | +1.9% |
| 2024 | ¥6,864 | +2.2% |
| 2023 | ¥6,714 | +2.6% |
| 2022 | ¥6,544 | - |
Financial Performance
2026/10/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥76,543M | ¥83,632M | ¥84,457M | ¥86,828M |
| Gross Profit | ¥43,618M | ¥48,939M | ¥49,045M | ¥50,939M |
| Operating Income | ¥30,178M | ¥35,045M | ¥35,114M | ¥36,899M |
| Pretax Income | ¥29,389M | ¥34,164M | ¥34,220M | ¥36,089M |
| Net Income | ¥25,877M | ¥30,695M | ¥30,647M | ¥32,090M |
| EPS | ¥5,487.93 | ¥6,509.89 | ¥6,537.74 | - |
| Operating Margin | 39.43% | 41.90% | 41.58% | 42.50% |
| Balance Sheet | ||||
| Total Assets | ¥1,187,582M | ¥1,192,127M | ¥1,183,176M | ¥1,181,280M |
| Total Equity | ¥615,128M | ¥614,690M | ¥606,202M | ¥603,146M |
| Total Liabilities | ¥572,454M | ¥577,437M | ¥576,973M | ¥578,134M |
| Cash | ¥31,608M | ¥37,831M | ¥32,469M | ¥37,629M |
| Interest-bearing Debt | ¥517,466M | ¥521,385M | ¥521,296M | ¥522,227M |
| Equity Ratio | 51.80% | 51.56% | 51.24% | 51.06% |
| D/E Ratio | 0.84 | 0.85 | 0.86 | 0.87 |
| Cash Flow | ||||
| Operating CF | ¥50,640M | ¥65,188M | ¥75,744M | ¥79,029M |
| Investing CF | -¥37,727M | -¥31,763M | -¥41,860M | -¥39,246M |
| Financing CF | -¥31,132M | -¥27,282M | -¥39,246M | -¥34,261M |
| Free CF | ¥12,404M | ¥33,430M | ¥34,456M | ¥40,150M |
| Efficiency | ||||
| ROE | 4.21% | 4.99% | 5.06% | 5.32% |
| ROA | 2.18% | 2.57% | 2.59% | 2.72% |
Latest IR Information
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Notice regarding Comprehensive Resolution on the Issuance of Investment Corporation Bonds
Discloses that the total amount of unsecured domestic investment corporation bonds is capped at 50 billion yen, with issuance period from 2026/09/29 to 2027/09/28, and the purpose as funding use.
Read more -
Notice Regarding the Setting of a Commitment Line
To secure funding agility and stability, a commitment line with four lending banks totaling 40,000 hundred million yen is established. Planned contract signing date: 2026-09-14, commitment start date: 2026-09-24, termination date: 2027-09-22. Unsecured and without guarantees;用途 is for real estate...
Read more -
Correction of Notice Regarding Domestic Real Estate Acquisition
Correction information including correction of whether a mediator is involved in the planned acquisition. The planned acquisition date and price remain unchanged, and the mediation status is corrected from 'none' to 'present'.
Read more -
Notice Regarding Borrowing of Funds (Interest Rate Determination)
As of 2026/08/24. This is a notice regarding borrowings under term loan agreements concluded on August 24, 2026. The interest rate is fixed at 2.83565%, the total borrowing amount is 2,500 million yen, the execution date is August 26, 2026,...
Read more -
Supplementary Materials for Today’s Announcement Regarding Domestic Real Estate Acquisition
Supplementary materials for the real estate acquisition are published. Describes the characteristics and location of the target property, hotel demand outlook, and the ratio of foreign guests in Minato Ward with charts. The acquisition schedule remains unknown.
Read more
Latest News (5 items)
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Average Analyst Rating: buy
Average Target Price: ¥181,880
Rating Score: 1.80 (Based on 5 analysts)
※1=Strong Buy, 5=Strong Sell
Nomura Real Estate Master Fund Corrects Disclosure on Tokyo Hotel Acquisition - The Globe and Mail ↗
Company Information
About
Nomura Real Estate Master Fund, Inc. (NMF) is a wholly owned subsidiary of the former Nomura Real Estate Master Fund Corporation (hereinafter referred to as the Former NMF) and Nomura Real Estate Office Fund Investment Corporation (hereinafter referred to as NOF) and Nomura Real Estate Residential Investment Corporation (hereinafter referred to as NRF) will be the dissolved corporations in the consolidation-type merger. The Investment Corporation was established through a consolidation-type merger (hereinafter referred to as the 3-REIT Merger). The Investment Corporation will allocate 1.6 investment units per 1 investment unit of NRF, and 3.6 investment units per 1 investment unit of NOF. Investment 4.45 investment units of the Investment Corporation were allocated for each 1 investment unit. Nomura Real Estate Master Fund, Inc. was established on October 01, 2015 and incorporated in 2015 in Japan.
