Japan Metropolitan Fund Investment Corporation

2026/03/05 Updated
Market Cap: $5.4B (¥846.6B)
Stock Price: $746.22 (¥117,700)
Exchange Rate: 1 USD = ¥157.73

Stock Price Chart

2026/03/05 Updated
20.37
PER (Price Earnings Ratio)
vs Industry Avg: +10.8
1.30
PBR (Price to Book Ratio)
vs Industry Avg: +0.0
5.02%
Dividend Yield
vs Industry Avg: +2.07%

Price Trend

2026/03/05 Updated
Short-term
5-Day MA
-2.92%
Near-term
25-Day MA
-2.45%
Mid-term
75-Day MA
-1.96%
Long-term
200-Day MA
+6.50%

Price & Trading Details

2026/03/05 Updated

PRICE

Previous Close ¥120,100
Open ¥118,100
High ¥118,500
Low ¥116,400
Close ¥117,700

TRADING

Volume 30,330
Average Volume 16,618
Turnover ¥36億
Min. Purchase ¥11,770,000

Analyst Recommendations 9 analysts

Updated 2026/03/01
Strong Buy
2
2
Buy
6
6
Hold
1
1
Sell
0
Strong Sell
0
Target Price (Mean)
¥136,067
Strong Buy
¥143,000
High
¥140,000
Median
¥122,000
Low
+11% 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 2026/03/01
6.7%
Insider Holdings
61.0%
Institutional
32.3%
Public Float
184
Institutional Holders
Insider Holdings 6.7%
Institutional 61.0%
Public Float 32.3%

Top Mutual Funds / ETFs

Updated 2026/03/01

Major Holders

Updated 2026/03/01
Fund Name Ownership Shares Change
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.36%
97.8K 0.00%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.86%
62.1K +1.93%
iShares Trust-iShares Core MSCI EAFE ETF
0.71%
50.9K 0.00%
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Real Estate Securities PO
0.70%
50.4K 0.00%
MFS SERIES TRUST XIII-MFS Global Real Estate Fund
0.61%
44.1K +1.11%
iShares Trust-iShares MSCI EAFE Small-Cap ETF
0.37%
26.9K 0.00%
Institution Ownership Shares Change
Oregon Public Employees Retirement Fund
0.04%
2.5K +1.00%

Dividend History

Updated 2026/03/01
-%
Dividend Yield
¥2,952
Annual Dividend
-47.5%
YoY Growth
51.2%
Payout Ratio
Year Dividend Change
2026 ¥2,952 -47.5%
2025 ¥5,628 +23.0%
2024 ¥4,576 +0.0%
2023 ¥4,574 +0.6%
2022 ¥4,547 -

Financial Performance

2026/03/01 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥81,711M ¥82,738M ¥81,716M ¥95,641M
Gross Profit ¥46,049M ¥45,478M ¥45,474M ¥56,865M
Operating Income ¥36,503M ¥35,942M ¥35,825M ¥46,411M
Pretax Income ¥35,824M ¥35,161M ¥35,002M ¥45,565M
Net Income ¥32,647M ¥32,017M ¥31,712M ¥41,497M
EPS ¥4,671.12 ¥4,580.95 ¥4,540.82 ¥5,769.20
Operating Margin 44.67% 43.44% 43.84% 48.53%
Balance Sheet
Total Assets ¥1,248,964M ¥1,249,926M ¥1,251,535M ¥1,329,366M
Total Equity ¥624,776M ¥625,077M ¥624,301M ¥649,381M
Total Liabilities ¥624,188M ¥624,849M ¥627,235M ¥679,986M
Cash ¥41,233M ¥37,370M ¥18,392M ¥51,895M
Interest-bearing Debt ¥549,645M ¥550,645M ¥553,645M ¥600,645M
Equity Ratio 50.02% 50.01% 49.88% 48.85%
D/E Ratio 0.88 0.88 0.89 0.92
Cash Flow
Operating CF ¥41,650M ¥40,403M ¥42,269M ¥39,878M
Investing CF -¥41,401M -¥14,722M -¥27,003M -¥130,572M
Financing CF -¥21,027M -¥31,032M -¥29,696M ¥101,021M
Free CF -¥29,478M ¥14,546M ¥7,876M -¥108,906M
Efficiency
ROE 5.23% 5.12% 5.08% 6.39%
ROA 2.61% 2.56% 2.53% 3.12%

Latest IR Information

Company Information

English Name Japan Metropolitan Fund Investment Corporation
Japanese Name 日本都市ファンド投資法人
Stock Code 8953.T (JPX)
Sector / Industry Real Estate / REIT - Retail

About

Japan Metropolitan Fund Investment Corporation (“JMF”) was established under the Law Concerning Investment Trusts and Investment Corporations of Japan (Law No. 198 of 1951; as amended) on September 14, 2001. It was the first investment corporation in Japan to specifically target retail real estate assets. It was listed on the Real Estate Investment Trust (“REIT”) Section of the Tokyo Stock Exchange (securities code: 8953) on March 12, 2002. After that, JMF effected an absorption-type merger (the “Merger”) effective on March 1, 2021 with JMF as the surviving corporation and MCUBS MidCity Investment Corporation (“MMI”) as the dissolving corporation and changed the corporation name from Japan Retail Fund Investment Corporation to Japan Metropolitan Fund Investment Corporation. JMF seeks to enhance its total return (Distribution Per Unit and Net Asset Value) by expanding its growth cycle driven by “internal growth” and “return of gains on sales,” and acquired two properties and disposed of five properties (including partial dispositions) during the fiscal period ended August 31, 2025. As a result, the total assets managed by JMF at the end of the 47th fiscal period (fiscal period ended on August 31, 2025) amounted to 1,262.0 billion yen (the total acquisition price for 145 properties). The total acquisition price including investment securities such as the silent partnership interests and the investment units of domestic real estate investment corporation is 1,282.4 billion yen.

Data provided by Yahoo Finance