Hankyu Hanshin REIT, Inc.

8977.T
REIT - Diversified
2026/01/16 Updated
Market Cap: $742.7M (¥117.7B)
Stock Price: $1,068.28 (¥169,300)
Exchange Rate: 1 USD = ¥158.48

Stock Price Chart

2026/01/16 Updated
25.84
PER (Price Earnings Ratio)
vs Industry Avg: +16.3
1.36
PBR (Price to Book Ratio)
vs Industry Avg: +0.1
3.94%
Dividend Yield
vs Industry Avg: +0.99%

Price Trend

2026/01/16 Updated
Short-term
5-Day MA
+0.37%
Near-term
25-Day MA
+1.04%
Mid-term
75-Day MA
-0.92%
Long-term
200-Day MA
+6.34%

Price & Trading Details

2026/01/16 Updated

PRICE

Previous Close ¥168,100
Open ¥168,100
High ¥169,300
Low ¥168,000
Close ¥169,300

TRADING

Volume 1,744
Average Volume 1,837
Turnover ¥3億
Min. Purchase ¥16,930,000

Analyst Recommendations 1 analysts

Updated 2026/01/11
Strong Buy
0
Buy
0
Hold
1
1
Sell
0
Strong Sell
0
Target Price (Mean)
¥161,000
None
¥161,000
High
¥161,000
Median
¥161,000
Low
-5% 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 2026/01/11
18.4%
Insider Holdings
41.2%
Institutional
40.4%
Public Float
82
Institutional Holders
Insider Holdings 18.4%
Institutional 41.2%
Public Float 40.4%

Major Holders

Updated 2026/01/11
Institution Ownership Shares Change
Vanguard International Stock Index-Total Intl Stock Indx
1.32%
9.2K +16.91%
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund
0.82%
5.7K 0.00%
iShares Core MSCI EAFE ETF
0.74%
5.1K +1.95%
DFA Investment Dimensions-DFA Int'l Real Estate Securities
0.73%
5.1K -7.85%
SPDR Portfolio Developed World ex-US ETF
0.52%
3.6K 0.00%
Vanguard Global ex U.S. Real Estate Index Fund
0.42%
2.9K -0.62%

Dividend History 4Years Growth

Updated 2026/01/11
-%
Dividend Yield
¥6,619
Annual Dividend
+7.0%
YoY Growth
1.1%
Payout Ratio
Year Dividend Change
2025 ¥6,619 +7.0%
2024 ¥6,185 +1.4%
2023 ¥6,099 +2.0%
2022 ¥5,980 +1.1%
2021 ¥5,917 -

Financial Performance

2026/01/11 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥11,392M ¥11,377M ¥11,723M ¥12,445M
Gross Profit ¥5,818M ¥5,960M ¥5,998M ¥6,330M
Operating Income ¥4,734M ¥4,826M ¥4,901M ¥5,149M
Pretax Income ¥4,670M ¥4,742M ¥4,809M ¥5,058M
Net Income ¥4,114M ¥4,187M ¥4,240M ¥4,387M
EPS ¥5,917.30 ¥6,023.17 ¥6,098.61 ¥6,156.68
Operating Margin 41.55% 42.42% 41.81% 41.38%
Balance Sheet
Total Assets ¥171,781M ¥170,604M ¥176,100M ¥182,637M
Total Equity ¥86,570M ¥86,677M ¥86,702M ¥86,751M
Total Liabilities ¥85,211M ¥83,928M ¥89,398M ¥95,886M
Cash ¥5,659M ¥4,651M ¥5,766M ¥5,595M
Interest-bearing Debt ¥75,773M ¥75,745M ¥80,617M ¥87,089M
Equity Ratio 50.40% 50.81% 49.23% 47.50%
D/E Ratio 0.88 0.87 0.93 1.00
Cash Flow
Operating CF ¥7,116M ¥13,433M ¥6,279M ¥7,041M
Investing CF -¥1,914M -¥10,638M -¥5,763M -¥1,672M
Financing CF -¥4,210M -¥4,108M ¥660M -¥4,236M
Free CF ¥5,562M ¥2,973M ¥376M ¥5,166M
Efficiency
ROE 4.75% 4.83% 4.89% 5.06%
ROA 2.39% 2.45% 2.41% 2.40%

Latest IR Information

  • No IR information found for this company.

    Searched stock code: 8977

Company Information

English Name Hankyu Hanshin REIT, Inc.
Japanese Name 阪急阪神リート投資法人
Stock Code 8977.T (JPX)
Sector / Industry Real Estate / REIT - Diversified

About

Hankyu Hanshin REIT, Inc. (hereinafter “HHR”) is an integrated real estate investment trust that invests mainly in real estate properties for retail or office use throughout Japan with the purpose of securing stable income over the medium-to-long-term and achieving the best possible returns for unitholders. HHR will focus on investments in the retail-use zone (zone in which visitors receive goods and services in return for payment) and the Kansai Region (the six prefectures of Osaka, Kyoto, Hyogo, Nara, Shiga and Wakayama). In principle, the ratio of investment each in the retail-use zone and the Kansai Region will be 50% or more of the total investment portfolio (based on acquisition prices) as of the end of each fiscal period. HHR will utilize the planning and management capacities in the real estate business of the Hankyu Hanshin Holdings Group (a corporate group formed under Hankyu Hanshin Holdings, Inc. as the holding company; hereinafter the “sponsor group”).

Data provided by Yahoo Finance