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NIPPON REIT Investment Corp
(3296)
NIPPON REIT Investment Corp (3296) vs. iShares MSCI Japan ETF (EWJ)
NIPPON REIT Investment Corp Business Overview & Revenue Model
NIPPON REIT Investment Corp Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.98B | 19.83B | 17.69B | 19.45B | 18.79B | 17.62B |
| Gross Profit | 13.18B | 12.98B | 10.87B | 13.31B | 12.58B | 11.28B |
| EBITDA | 14.65B | 12.61B | 10.63B | 13.00B | 12.31B | 10.97B |
| Net Income | 10.97B | 9.66B | 7.75B | 10.19B | 9.59B | 8.33B |
Balance Sheet | ||||||
| Total Assets | 277.29B | 274.66B | 275.46B | 276.58B | 277.19B | 270.28B |
| Cash, Cash Equivalents and Short-Term Investments | 10.36B | 15.29B | 10.25B | 9.80B | 10.25B | 9.14B |
| Total Debt | 134.23B | 132.62B | 132.62B | 132.62B | 132.62B | 126.87B |
| Total Liabilities | 146.15B | 145.18B | 144.86B | 144.71B | 145.21B | 139.74B |
| Stockholders Equity | 131.15B | 129.48B | 130.61B | 131.87B | 131.98B | 130.54B |
Cash Flow | ||||||
| Free Cash Flow | 29.91B | 15.91B | 6.46B | 10.40B | 3.77B | 7.52B |
| Operating Cash Flow | 29.91B | 25.56B | 13.49B | 24.20B | 19.51B | 17.53B |
| Investing Cash Flow | -20.59B | -9.77B | -7.16B | -14.25B | -15.77B | -9.93B |
| Financing Cash Flow | -11.10B | -10.78B | -7.53B | -10.31B | -2.39B | -7.47B |
NIPPON REIT Investment Corp Technical Analysis
NIPPON REIT Investment Corp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥176.13B | 16.19 | ― | 4.79% | 50.47% | 26.45% | |
75 Outperform | ¥194.86B | 20.71 | ― | 4.64% | 13.33% | 8.96% | |
74 Outperform | ¥193.91B | 20.23 | 7.82% | 3.97% | 21.72% | 5.02% | |
69 Neutral | ¥166.12B | 20.62 | ― | 4.30% | 10.22% | 17.61% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ¥204.52B | 22.88 | ― | 4.51% | 13.38% | -6.44% |
NIPPON REIT Investment Corp Corporate Events
NIPPON REIT Investment Corporation has completed the transfer of a real estate trust beneficiary interest in a property located in Nagoya, Aichi. The details of the purchaser and the transfer price have not been disclosed, indicating a strategic move to optimize its asset portfolio, which may impact its market positioning and stakeholder interests.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has completed the acquisition of two real estate trust beneficiary interests in Japan, as previously announced. The acquisitions include HOTEL RESOL STAY AKIHABARA in Tokyo and Smile Hotel Premium Hakodate Goryokaku in Hokkaido, with respective acquisition prices of 6,250 million yen and 2,700 million yen. This strategic move is expected to enhance NIPPON REIT’s portfolio and strengthen its position in the Japanese real estate market.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has entered into an interest rate swap agreement with Mizuho Bank to stabilize the interest rate on its borrowings, mitigating the risk of interest rate fluctuations. The agreement is expected to have minimal impact on the company’s financial forecasts for the upcoming fiscal periods, indicating stable financial management and risk mitigation strategies.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation announced the approval of several key resolutions at its 10th General Meeting of Unitholders. These resolutions include amendments to the Articles of Incorporation and the election of new executive and supervising officers, which are expected to influence the company’s governance and strategic direction.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has announced corrections to its investor presentation for the 26th period, which ended on June 30, 2025. The corrections include updates to the average age of acquired properties and the actual NOI yield for certain properties, reflecting adjustments in their strategic asset management approach. These changes may influence stakeholders’ perceptions of the company’s operational efficiency and asset valuation strategies.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation announced a change in the party from whom it will acquire priority negotiation rights for Hotel Resol Akihabara. This change is part of a restructuring strategy to enhance flexibility in property acquisitions, with the new rights holder being a Domestic LLC backed by NCS RE Capital Limited. The change does not affect the company’s financial forecasts for the upcoming fiscal periods, indicating stability in its operational outlook.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has completed the transfer of several real estate trust beneficiary interests in Japan, as previously announced. The properties transferred include office and residential buildings in Tokyo, Fukuoka, and Osaka, with undisclosed purchasers and transfer prices, highlighting the company’s ongoing strategic asset management and potential impact on its portfolio and market positioning.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation announced a correction to a previously released notice concerning amendments to its Articles of Incorporation and the appointment of board officers. The correction involves the number of investment units held by a candidate for alternate executive officer, Takamichi Kato, which was updated from 0 to 4 units. This correction ensures transparency and accuracy in the company’s governance documentation, potentially impacting stakeholders’ perceptions of the company’s management integrity.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has announced the conclusion of interest rate swap agreements to stabilize the interest rates on its recent borrowings. These agreements are designed to mitigate the risk of fluctuating interest rates, ensuring financial stability for the company. Despite these financial maneuvers, the company expects minimal impact on its financial forecasts for the upcoming fiscal periods, maintaining its current outlook.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation announced the acquisition of five properties, including its first hotel assets, as part of a strategy to improve portfolio quality and cash flow. This move is expected to lower the average building age and diversify asset use, enhancing competitiveness in the real estate market.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation announced a new borrowing arrangement totaling several billion yen through a syndicate of major banks, including MUFG Bank and Mizuho Bank. This borrowing will be used to refinance existing debts and support future growth initiatives, reflecting the company’s strategic focus on maintaining financial flexibility and strengthening its market position.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has announced revisions to its internal management guidelines, subject to unitholder approval. These changes aim to broaden investment targets and regions, allowing for greater flexibility and potential growth in asset acquisition. The revisions are designed to strengthen the company’s portfolio and increase competitiveness, with no expected impact on current financial forecasts.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has announced proposed amendments to its Articles of Incorporation and the appointment of new board officers, pending approval at its upcoming General Meeting of Unitholders. The amendments aim to enhance investment flexibility and expand the company’s asset portfolio, while the board appointments are intended to ensure continued effective governance. These changes are expected to strengthen NIPPON REIT’s market position and potentially increase unitholder value.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation reported a significant increase in its financial performance for the fiscal period ending June 30, 2025, with operating revenues rising by 10.5% and net income increasing by 24.3% compared to the previous period. The company also announced a scheduled distribution of cash to its investors, reflecting a payout ratio of 68.2%. These results indicate a strong operational performance and a positive outlook for stakeholders, as the company continues to enhance its market positioning within the real estate investment sector.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.
NIPPON REIT Investment Corporation has announced the transfer of certain assets as part of its strategy to enhance portfolio quality. The company is selling older properties with limited growth potential to acquire newer, inflation-resistant buildings with better growth prospects. This move is expected to improve cash flow and increase the net operating income (NOI) of its portfolio, ultimately maximizing value for unitholders.
The most recent analyst rating on (JP:3296) stock is a Hold with a Yen104000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.