NTT UD REIT Investment Corporation

8956.T
REIT - Diversified
2026/11/05 12:54 Updated
Market Cap: $1.1B (¥175.5B)
Stock Price: $754.05 (¥119,500)
Exchange Rate: 1 USD = ¥158.48

Stock Price Chart

2026/11/05 12:54 Updated
19.68
PER (Price Earnings Ratio)
vs Industry Avg: +10.1
1.19
PBR (Price to Book Ratio)
vs Industry Avg: -0.1
5.28%
Dividend Yield
vs Industry Avg: +2.33%

Price Trend

2026/11/05 12:54 Updated
Short-term
5-Day MA
+1.65%
Near-term
25-Day MA
+0.83%
Mid-term
75-Day MA
-4.13%
Long-term
200-Day MA
-8.24%

Price & Trading Details

2026/11/05 12:54 Updated

PRICE

Previous Close ¥116,400
Open ¥116,500
High ¥120,200
Low ¥116,500
Close ¥119,500

TRADING

Volume 1,275
Average Volume 3,152
Turnover ¥2億
Min. Purchase ¥11,950,000

Analyst Recommendations 3 analysts

Updated 2026/11/01
Strong Buy
1
1
Buy
1
1
Hold
1
1
Sell
0
Strong Sell
0
Target Price (Mean)
¥153,000
None
¥160,000
High
¥155,000
Median
¥144,000
Low
+9% 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.

Earnings Calendar

Updated 2026/11/01
DEC
17
2026
Next Earnings Release
Q4 FY2026
41days

Shareholder Composition

Updated 2026/11/01
6.4%
Insider Holdings
57.7%
Institutional
35.9%
Public Float
100
Institutional Holders
Insider Holdings 6.4%
Institutional 57.7%
Public Float 35.9%

Top Mutual Funds / ETFs

Updated 2026/11/01

Major Holders

Updated 2026/11/01
Fund Name Ownership Shares Change
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.29%
18.9K -0.97%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.88%
13.0K +4.98%
iShares Trust-iShares Core MSCI EAFE ETF
0.74%
10.9K +1.06%
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Real Estate Securities PO
0.65%
9.6K -3.86%
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Global ex-U.S. Real Estate Inde
0.34%
5.0K +3.34%
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Small-Cap
0.33%
4.8K +3.26%

Dividend History

Updated 2026/11/01
-%
Dividend Yield
¥6,240
Annual Dividend
-0.1%
YoY Growth
1.1%
Payout Ratio
Year Dividend Change
2026 ¥6,240 -0.1%
2025 ¥6,244 +7.9%
2024 ¥5,787 -10.3%
2023 ¥6,455 -5.6%
2022 ¥6,841 -

Financial Performance

2026/11/01 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥22,207M ¥23,208M ¥24,529M ¥23,777M
Gross Profit ¥12,043M ¥11,941M ¥12,454M ¥11,207M
Operating Income ¥10,620M ¥10,468M ¥10,937M ¥9,760M
Pretax Income ¥10,611M ¥10,436M ¥10,916M ¥9,733M
Net Income ¥9,770M ¥9,589M ¥10,047M ¥8,578M
EPS ¥7,418.65 ¥6,842.64 ¥7,168.19 ¥5,787.96
Operating Margin 47.82% 45.10% 44.59% 41.05%
Balance Sheet
Total Assets ¥266,706M ¥277,449M ¥274,959M ¥311,655M
Total Equity ¥125,584M ¥137,656M ¥139,289M ¥148,623M
Total Liabilities ¥141,122M ¥139,793M ¥135,670M ¥163,033M
Cash ¥7,059M ¥6,763M ¥6,607M ¥5,964M
Interest-bearing Debt ¥108,850M ¥103,924M ¥114,197M ¥141,137M
Equity Ratio 47.09% 49.61% 50.66% 47.69%
D/E Ratio 0.87 0.75 0.82 0.95
Cash Flow
Operating CF ¥19,855M ¥26,065M ¥20,783M ¥12,235M
Investing CF -¥20,480M -¥28,992M -¥9,155M -¥39,231M
Financing CF ¥4,521M ¥1,910M -¥12,209M ¥27,538M
Free CF -¥1,057M -¥4,197M ¥12,215M -¥27,190M
Efficiency
ROE 7.78% 6.97% 7.21% 5.77%
ROA 3.66% 3.46% 3.65% 2.75%

Company Information

English Name NTT UD REIT Investment Corporation
Japanese Name NTT都市開発リート投資法人
Stock Code 8956.T (JPX)
Sector / Industry Real Estate / REIT - Diversified

About

NTT Urban Development REIT Investment Corporation (hereinafter referred to as the Investment Corporation). In accordance with the Act on Investment Trusts and Investment Corporations (hereinafter referred to as the Investment Trust Act) and was listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchange on September 10, 2002 (stock code 8956). Since then, the company has steadily expanded its asset base, and the total acquisition cost (Note 1) of its properties has increased from 49,021 million yen (11 properties) at the end of the first fiscal year (April 30, 2003) to 295,266 million yen (62 properties, including one preferred equity certificate) as of the end of the current fiscal year (April 30, 2026). This investment corporation aims to secure stable returns over the medium to long term by diversifying its investments in real estate primarily used for office and residential purposes, with its investment area centered on the Tokyo economic zone (Note 2). Since its first fiscal period in April 2003, it has distributed profits 46 times up to the 46th fiscal period of the previous fiscal year. NTT UD REIT Investment Corporation was established on May 2, 2002, and incorporated in Japan.

Data provided by Yahoo Finance