GLP J-REIT

3281.T
REIT - Industrial
2026/08/21 Updated
Market Cap: $4.2B (¥673.1B)
Stock Price: $882.49 (¥140,300)
Exchange Rate: 1 USD = ¥158.98

Stock Price Chart

2026/08/21 Updated
21.41
PER (Price Earnings Ratio)
vs Industry Avg: +11.9
1.49
PBR (Price to Book Ratio)
vs Industry Avg: +0.2
4.79%
Dividend Yield
vs Industry Avg: +1.84%

Price Trend

2026/08/21 Updated
Short-term
5-Day MA
+0.79%
Near-term
25-Day MA
-1.31%
Mid-term
75-Day MA
+2.08%
Long-term
200-Day MA
+1.04%

Price & Trading Details

2026/08/21 Updated

PRICE

Previous Close ¥138,100
Open ¥139,200
High ¥140,500
Low ¥138,800
Close ¥140,300

TRADING

Volume 15,630
Average Volume 14,419
Turnover ¥22億
Min. Purchase ¥14,030,000

Analyst Recommendations 9 analysts

Updated 2026/08/01
Strong Buy
2
2
Buy
3
3
Hold
4
4
Sell
0
Strong Sell
0
Target Price (Mean)
¥160,250
Buy
¥175,000
High
¥164,000
Median
¥144,000
Low
+10% 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.

Earnings Calendar

Updated 2026/08/01
OCT
14
2026
Next Earnings Release
Q4 FY2026
51days

Shareholder Composition

Updated 2026/08/01
6.3%
Insider Holdings
57.9%
Institutional
35.8%
Public Float
185
Institutional Holders
Insider Holdings 6.3%
Institutional 57.9%
Public Float 35.8%

Top Mutual Funds / ETFs

Updated 2026/08/01

Major Holders

Updated 2026/08/01
Fund Name Ownership Shares Change
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.36%
65.1K -0.27%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.88%
42.2K +2.35%
iShares Trust-iShares Core MSCI EAFE ETF
0.72%
34.7K 0.00%
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Real Estate Securities PO
0.64%
30.8K +0.79%
iShares Trust-iShares MSCI EAFE Small-Cap ETF
0.37%
17.8K -0.23%
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Global ex-U.S. Real Estate Inde
0.35%
17.0K +1.90%
Institution Ownership Shares Change
Pacer Advisors, Inc.
0.05%
2.2K -1.94%

Dividend History

Updated 2026/08/23
-%
Dividend Yield
¥3,399
Annual Dividend
-52.0%
YoY Growth
52.4%
Payout Ratio
Year Dividend Change
2026 ¥3,399 -52.0%
2025 ¥7,077 +19.6%
2024 ¥5,918 -6.9%
2023 ¥6,358 +2.2%
2022 ¥6,220 -

Financial Performance

2026/08/23 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥49,662M ¥54,321M ¥53,273M ¥59,583M
Gross Profit ¥33,273M ¥36,003M ¥35,000M ¥41,405M
Operating Income ¥27,340M ¥29,668M ¥28,332M ¥34,175M
Pretax Income ¥26,796M ¥29,151M ¥29,036M ¥33,772M
Net Income ¥24,976M ¥27,158M ¥26,707M ¥31,108M
EPS ¥5,562.03 ¥5,671.86 ¥5,452.97 -
Operating Margin 55.05% 54.62% 53.18% 57.36%
Balance Sheet
Total Assets ¥784,470M ¥896,226M ¥889,775M ¥876,821M
Total Equity ¥412,602M ¥472,315M ¥465,822M ¥451,990M
Total Liabilities ¥371,868M ¥423,911M ¥423,954M ¥424,830M
Cash ¥27,259M ¥23,060M ¥25,254M ¥38,169M
Interest-bearing Debt ¥346,520M ¥396,560M ¥396,560M ¥396,560M
Equity Ratio 52.60% 52.70% 52.35% 51.55%
D/E Ratio 0.84 0.84 0.85 0.88
Cash Flow
Operating CF ¥43,165M ¥36,842M ¥46,182M ¥62,378M
Investing CF -¥2,337M -¥122,523M -¥9,768M -¥18,776M
Financing CF -¥27,967M ¥82,425M -¥33,214M -¥44,955M
Free CF ¥40,453M -¥88,214M ¥37,323M ¥59,338M
Efficiency
ROE 6.05% 5.75% 5.73% 6.88%
ROA 3.18% 3.03% 3.00% 3.55%

Latest IR Information

Company Information

English Name GLP J-REIT
Japanese Name GLP投資法人
Stock Code 3281.T (JPX)
Sector / Industry Real Estate / REIT - Industrial

About

GLP J-REIT is a real estate investment corporation (J-REIT) specializing in logistics facilities, and it primarily invests in modern logistics facilities. GLP J-REIT was founded in accordance with the Act on Investment Trusts and Investment Corporations with GLP Japan Advisors Inc. (hereinafter the Asset Manager) as the founder. It has its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange since December 21, 2012. Investing in highly functional modern logistics facilities and taking advantage of the wealth of experience and management resources with GLP Japan Inc. (Note) as the sponsor, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long terms. Since the inception of its operation as a listed J-REIT with 30 properties (total acquisition price of 208,731 million yen) in January 2013, GLP J-REIT has been steadily expanding its assets through the continuous acquisitions of properties. As of the end of the current fiscal period, GLP J-REIT owns 85 properties (total acquisition price of 869,529 million yen). Effective March 1, 2025, GLP Japan Inc. became part of Ares Management Corporation. GLP J-REIT was established on September 16, 2011 and incorporated in Japan.

Data provided by Yahoo Finance