Hulic Reit, 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 4 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Dividend History 3Years Growth
Updated 2026/10/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥8,050 | +0.6% |
| 2025 | ¥8,000 | +10.5% |
| 2024 | ¥7,237 | +4.0% |
| 2023 | ¥6,960 | -4.7% |
| 2022 | ¥7,300 | - |
Financial Performance
2026/10/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥22,509M | ¥21,901M | ¥22,828M | ¥25,238M |
| Gross Profit | ¥15,265M | ¥14,082M | ¥14,795M | ¥17,091M |
| Operating Income | ¥12,449M | ¥11,508M | ¥12,027M | ¥13,730M |
| Pretax Income | ¥12,055M | ¥11,084M | ¥11,614M | ¥13,361M |
| Net Income | ¥10,821M | ¥9,952M | ¥10,417M | ¥11,945M |
| EPS | ¥7,586.90 | ¥6,910.80 | ¥7,234.18 | - |
| Operating Margin | 55.31% | 52.55% | 52.68% | 54.40% |
| Balance Sheet | ||||
| Total Assets | ¥400,231M | ¥401,942M | ¥410,385M | ¥423,654M |
| Total Equity | ¥200,679M | ¥200,291M | ¥200,537M | ¥201,460M |
| Total Liabilities | ¥199,552M | ¥201,651M | ¥209,847M | ¥222,194M |
| Cash | ¥16,842M | ¥7,586M | ¥16,005M | ¥8,977M |
| Interest-bearing Debt | ¥178,616M | ¥180,116M | ¥187,616M | ¥198,716M |
| Equity Ratio | 50.14% | 49.83% | 48.87% | 47.55% |
| D/E Ratio | 0.89 | 0.90 | 0.94 | 0.99 |
| Cash Flow | ||||
| Operating CF | ¥20,443M | ¥27,228M | ¥27,675M | ¥24,809M |
| Investing CF | -¥35,218M | -¥27,572M | -¥16,194M | -¥30,556M |
| Financing CF | ¥18,275M | -¥8,839M | -¥2,687M | ¥79M |
| Free CF | -¥16,448M | -¥1,245M | ¥11,014M | -¥6,012M |
| Efficiency | ||||
| ROE | 5.39% | 4.97% | 5.19% | 5.93% |
| ROA | 2.70% | 2.48% | 2.54% | 2.82% |
Latest IR Information
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Notice on Acquisition, Transfer and Leasing of Domestic Real Estate Trust Beneficiary Interests through Exchange, etc.
This REIT determines acquisitions and leasing of assets through Quadruple Quartz Shinsaibashi, East Net Building, etc., via an asset management company (this exchange). Total planned acquisition price is approximately 48,600 million yen, including assets to be transferred. The exchange partner...
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Notice Regarding Fund Financing
Procured 21.2 billion yen of funding as part of acquisition financing for the acquired assets. Lenders are Mizuho Bank and Mitsubishi UFJ Bank, with interest added to the standard bank-lender TIBOR. Repayment terms set for 2027 to 2028. Total borrowings...
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Financial Summary Supplementary Material: Notice on Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interests through Exchanges, and on Borrowing and Lending
Enhancing portfolio quality and upside through asset replacement and transfer in the Shinsaibashi area. NOI yield targets for two acquisition properties are in the 4% range, while anticipated capital expenditure increases for three properties slated for transfer raise concerns. Overall,...
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Notice Regarding Fund Borrowing (Green Loans, etc.)
Long-term, unsecured syndicated loan including a total of 16.388 billion yen in green loans, to be executed by August 31, 2026. Repayment deadline is 2031–2033, and the applicable base rate may apply when eligibility criteria are met for climate change...
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Notice regarding pre-maturity repayment of borrowings
This REIT decided to repay borrowings before maturity. The repayment amount is 3.88 billion yen, with repayment date on 2026-08-31. Funding for repayment is planned to be sourced via long-term borrowings. The impact on future operations is expected to be...
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Latest News (5 items)
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Average Analyst Rating: hold
Average Target Price: ¥177,250
Rating Score: 2.75 (Based on 4 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
About
Hulic Reit, Inc. with Hulic Reit Management Co., Ltd. (hereinafter referred to as the, which is entrusted with the management of the assets of the Investment Corporation. As the organizer under the Act on Investment Trusts and Investment Corporations of Japan (hereinafter referred to as the Investment Trust Act). On November 25, 2013, the Investment Corporation was registered with the Director-General of the Kanto Local Finance Bureau (registration number: Director-General of the Kanto Local Finance Bureau No. 88). The Investment Corporation issued new investment units through a public offering with the payment date on February 6, 2014, which were listed on the Real Estate Investment Trust Securities (J-REIT) Market of Tokyo Stock Exchange, Inc. on February 7, 2014. New investment units were issued through a third-party allotment on March 7, 2014. The Investment Corporation recently carried out capital increases through its eighth public offering after its listing on October 27, 2021 and a third-party allotment on November 22, 2021. As a result, the number of investment units issued as of August 31, 2025 (hereinafter, the end of the reporting period) was 1,440,000. The Investment Corporation primarily invests in and manages office buildings and retail facilities. Hulic Reit, Inc. was established in November 07, 2013 and incorporated in Japan.