NIPPON REIT Investment Corporation

2026/01/15 Updated
Market Cap: $1.1B (¥174.4B)
Stock Price: $620.19 (¥98,600)
Exchange Rate: 1 USD = ¥158.98

Stock Price Chart

2026/01/15 Updated
16.00
PER (Price Earnings Ratio)
vs Industry Avg: +6.5
0.34
PBR (Price to Book Ratio)
vs Industry Avg: -0.9
4.92%
Dividend Yield
vs Industry Avg: +1.97%

Price Trend

2026/01/15 Updated
Short-term
5-Day MA
-0.04%
Near-term
25-Day MA
+0.58%
Mid-term
75-Day MA
+1.56%
Long-term
200-Day MA
+8.88%

Price & Trading Details

2026/01/15 Updated

PRICE

Previous Close ¥98,500
Open ¥98,700
High ¥98,700
Low ¥98,100
Close ¥98,600

TRADING

Volume 5,966
Average Volume 3,830
Turnover ¥6億
Min. Purchase ¥9,860,000

Analyst Recommendations 3 analysts

Updated 2026/01/11
Strong Buy
1
1
Buy
0
Hold
2
2
Sell
0
Strong Sell
0
Target Price (Mean)
¥105,333
None
¥106,000
High
¥106,000
Median
¥104,000
Low
+4% 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
10.1%
Insider Holdings
57.4%
Institutional
32.5%
Public Float
101
Institutional Holders
Insider Holdings 10.1%
Institutional 57.4%
Public Float 32.5%

Dividend History

Updated 2026/01/11
-%
Dividend Yield
¥4,766
Annual Dividend
-2.4%
YoY Growth
37.8%
Payout Ratio
Year Dividend Change
2025 ¥4,766 -2.4%
2024 ¥4,886 +13.4%
2023 ¥4,309 +0.1%
2022 ¥4,303 -23.4%
2021 ¥5,616 -

Financial Performance

2026/01/11 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥19,452M ¥17,083M ¥17,694M ¥19,829M
Gross Profit ¥13,308M ¥10,736M ¥10,893M ¥12,978M
Operating Income ¥11,543M ¥9,042M ¥9,146M ¥11,153M
Pretax Income ¥10,986M ¥8,515M ¥8,605M ¥10,619M
Net Income ¥10,194M ¥7,745M ¥7,755M ¥9,662M
EPS ¥5,664.43 - ¥4,308.99 ¥12,624.52
Operating Margin 59.34% 52.93% 51.69% 56.25%
Balance Sheet
Total Assets ¥276,577M - ¥275,462M ¥274,660M
Total Equity ¥131,870M - ¥130,606M ¥129,478M
Total Liabilities ¥144,708M - ¥144,857M ¥145,181M
Cash ¥9,800M - ¥10,247M ¥15,291M
Interest-bearing Debt ¥132,620M - ¥132,620M ¥132,620M
Equity Ratio 47.68% 0.00% 47.41% 47.14%
D/E Ratio 1.01 0.00 1.02 1.02
Cash Flow
Operating CF ¥24,202M ¥11,165M ¥13,488M ¥25,560M
Investing CF -¥14,248M -¥701M -¥7,157M -¥9,770M
Financing CF -¥10,309M -¥9,202M -¥7,532M -¥10,777M
Free CF ¥10,396M ¥10,211M ¥6,461M ¥15,908M
Efficiency
ROE 7.73% 0.00% 5.94% 7.46%
ROA 3.69% 0.00% 2.82% 3.52%

Company Information

English Name NIPPON REIT Investment Corporation
Japanese Name 日本リート投資法人
Stock Code 3296.T (JPX)
Sector / Industry Real Estate / REIT - Office

About

NIPPON REIT was established on September 8, 2010, by Polaris Investment Advisors K.K. (now SBI REIT Advisors Co., Ltd. (hereafter referred to as the “Asset Management Company”)) as the founder under the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended). Registration with the Kanto Local Finance Bureau was completed on October 26, 2010 (registration number 72, filed with the Director of the Kanto Local Finance Bureau). NIPPON REIT issued new investment units through a public offering (144,200 units) on April 23, 2014, as the payment date and listed on the J-REIT section of the Tokyo Stock Exchange (securities code: 3296) on April 24. Furthermore, NIPPON REIT issued investment units through public offerings in February 2015, July 2015 and July 2018 and third-party allotments in March 2015, July 2015 and July 2018, cancelled treasury investment units in December 2024 and conducted an investment unit split in January 2025. As a result, the total number of investment units issued and outstanding as of the end of the current period (June 30, 2025) is 1,768,380 units.

Data provided by Yahoo Finance