KDX Realty Investment Corporation

8972.T
REIT - Diversified
2026/03/02 Updated
Market Cap: $4.4B (¥686.7B)
Stock Price: $1,089.70 (¥170,000)
Exchange Rate: 1 USD = ¥156.01

Stock Price Chart

2026/03/02 Updated
20.33
PER (Price Earnings Ratio)
vs Industry Avg: +10.8
0.32
PBR (Price to Book Ratio)
vs Industry Avg: -1.0
4.90%
Dividend Yield
vs Industry Avg: +1.95%

Price Trend

2026/03/02 Updated
Short-term
5-Day MA
-0.46%
Near-term
25-Day MA
+0.43%
Mid-term
75-Day MA
-2.02%
Long-term
200-Day MA
+3.72%

Price & Trading Details

2026/03/02 Updated

PRICE

Previous Close ¥172,300
Open ¥173,000
High ¥173,200
Low ¥169,700
Close ¥170,000

TRADING

Volume 17,971
Average Volume 9,363
Turnover ¥31億
Min. Purchase ¥17,000,000

Analyst Recommendations 8 analysts

Updated 2026/03/01
Strong Buy
3
3
Buy
2
2
Hold
3
3
Sell
0
Strong Sell
0
Target Price (Mean)
¥187,650
Buy
¥205,000
High
¥190,000
Median
¥163,000
Low
+7% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/03/01
9.0%
Insider Holdings
65.9%
Institutional
25.1%
Public Float
161
Institutional Holders
Insider Holdings 9.0%
Institutional 65.9%
Public Float 25.1%

Dividend History 3Years Growth

Updated 2026/03/01
-%
Dividend Yield
¥8,150
Annual Dividend
+2.4%
YoY Growth
97.3%
Payout Ratio
Year Dividend Change
2025 ¥8,150 +2.4%
2024 ¥7,957 +3.4%
2023 ¥7,696 +8.1%
2022 ¥7,122 -3.0%
2021 ¥7,346 -

Financial Performance

2026/03/01 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥31,330M ¥32,157M ¥33,946M ¥78,812M
Gross Profit ¥17,196M ¥17,140M ¥18,274M ¥46,956M
Operating Income ¥14,849M ¥14,807M ¥15,749M ¥39,645M
Pretax Income ¥14,548M ¥14,477M ¥15,314M ¥38,577M
Net Income ¥12,926M ¥12,948M ¥13,777M ¥34,016M
EPS - ¥7,573.79 ¥4,725.56 ¥12,108.80
Operating Margin 47.40% 46.05% 46.39% 50.30%
Balance Sheet
Total Assets ¥456,328M ¥473,013M ¥475,368M ¥1,241,983M
Total Equity ¥230,545M ¥229,562M ¥231,523M ¥635,859M
Total Liabilities ¥225,783M ¥243,451M ¥243,844M ¥606,124M
Cash ¥19,274M ¥20,376M ¥28,937M ¥24,856M
Interest-bearing Debt ¥198,750M ¥214,950M ¥214,950M ¥548,400M
Equity Ratio 50.52% 48.53% 48.70% 51.20%
D/E Ratio 0.86 0.94 0.93 0.86
Cash Flow
Operating CF ¥20,875M ¥20,899M ¥21,884M ¥63,040M
Investing CF -¥2,160M -¥20,122M -¥676M -¥52,118M
Financing CF -¥16,201M ¥1,192M -¥12,633M -¥21,426M
Free CF ¥18,522M -¥1,158M ¥20,045M ¥10,271M
Efficiency
ROE 5.61% 5.64% 5.95% 5.35%
ROA 2.83% 2.74% 2.90% 2.74%

Latest IR Information

Latest News (5 items)

Company Information

English Name KDX Realty Investment Corporation
Japanese Name KDX不動産投資法人
Stock Code 8972.T (JPX)
Sector / Industry Real Estate / REIT - Diversified

About

Since listing on the Tokyo Stock Exchange in July 2005, we have established a solid portfolio investing in mid-sized office buildings primarily in the Tokyo Metropolitan Area. On November 1, 2023, we merged with Kenedix Residential Next Investment Corporation and Kenedix Retail REIT Corporation, and have changed our name to "KDX Realty Investment Corporation". Following the merger, we seek to achieve sustainable growth by expanding our investment universe while adapting to environmental changes. We will continue to invest in properties utilizing not only support from the sponsor Kenedix, Inc., but also the unique network of the asset management company, Kenedix Real Estate Fund Management Inc. to achieve sustainable growth in our AUM (assets under management) and expand our portfolio.

Data provided by Yahoo Finance