NIPPON REIT Investment Corporation
Stock Price Chart
2026/03/02 UpdatedPrice Trend
2026/03/02 UpdatedPrice & Trading Details
2026/03/02 UpdatedPRICE
TRADING
Analyst Recommendations 3 analysts
Updated 2026/03/01Shareholder Composition
Updated 2026/03/01Dividend History
Updated 2026/03/01| Year | Dividend | Change |
|---|---|---|
| 2025 | ¥4,778 | -2.2% |
| 2024 | ¥4,886 | +13.4% |
| 2023 | ¥4,309 | +0.1% |
| 2022 | ¥4,303 | -23.4% |
| 2021 | ¥5,616 | - |
Financial Performance
2026/03/01 UpdatedRevenue & 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% |
Latest IR Information
-
Notice Regarding the Determination of Price and Other Matters for New Investment Unit Issuance and Investment Unit Secondary Offering
Issuance of 59,000 new investment units at an issue price of 92,527 yen per unit, totaling approximately 5.46 billion yen. An over-allotment offering of 2,950 units and a third-party allotment with a maximum issue amount of 263,293,400 yen are planned....
Read more -
Supplementary Explanation Materials Regarding Today's Announcement on "Notice of New Investment Units Issuance and Investment Unit Offering"
Plans to acquire five relatively new properties including hotels, offices, and residential for approximately 18.9 billion yen in March 2026. Asset scale will expand to approximately 274.2 billion yen through a public offering, accelerating portfolio resilience.
Read more -
Financial Summary for the Fiscal Year Ending December 2025 (REIT)
Operating revenue for the fiscal year ending December 2025 was 11,654 million yen (5.8% YoY increase), net income attributable to owners of parent was 6,650 million yen (9.4% YoY increase), and distribution per unit was 2,433 yen. Dividend forecasts for...
Read more -
Supplementary Explanation Materials Regarding the Revision of Operating Status and Dividend Forecast for the Fiscal Year Ending June 2026 and the Operating Status and Dividend Forecast for the Fiscal Year Ending December 2026
The forecasted EPU for the fiscal year ending December 2026 is upwardly revised to 2,040 yen, representing a 2.3% increase compared to the actual results for the fiscal year ending December 2025. The lower target for DPU is set at...
Read more
Latest News (5 items)
-
Average Analyst Rating: none
Average Target Price: ¥105,333
Rating Score: - (Based on 3 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
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.
