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NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation

8956.T
NTT UD REIT Investment CorporationJP flagTokyo Stock Exchange
134,500.00
JPY
+1,300.00
- -
197.48BMarket Cap
NTT UD REIT Investment Corporation
8956.T
(Tokyo Stock Exchange)

Recent

price

134,500.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
14,782.78
14,467.94
12,890
12,619.37
12,373.33
12,270.71
12,541.77
12,974.82
13,875.8
14,591.57
14,214.53
16,861.8
16,561.6
17,499.97
16,043.15
18,069.95
Revenue per Share
5,146.36
4,038.16
4,282.34
3,991.74
4,173.21
4,696.99
4,993.45
5,056.93
5,489.35
6,041.58
5,795.59
7,418.65
6,842.65
7,168.19
5,787.96
5,748.13
Basic EPS, GAAP
-2,708.22
-1,543.06
-25,861.15
2,926.52
-3,859.71
-7,574.84
4,168.69
-3,958.46
8,803.28
8,488.5
4,017.53
-797.48
-2,995.11
8,714.89
-18,346.17
13,171.7
Free Cash Flow per Basic Share
5,395.37
4,702.06
3,482.3
4,049.51
3,829.9
3,976.04
4,772.02
5,052.24
5,221.74
5,669.64
5,659.54
6,947.22
6,994.49
5,999.75
5,911.29
6,069.04
Dividend per Share
102,723.63
102,723.63
88,214.67
89,036.49
88,288.33
97,517.89
93,915.89
93,919.82
94,078.82
94,160.45
94,305.98
94,777.63
97,440.29
98,226.57
98,858.16
98,336.79
Book Value per Share
102,703.7
102,042.89
88,420.54
87,326.3
86,706.52
96,257.84
92,752.63
92,759.36
93,027.34
93,386.22
93,533.78
83,938.57
87,524.95
88,671.15
90,154.52
89,552.5
Tangible Book Value per Share
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Basic Weighted Avg Shares
10,355
10,135
12,529
12,411
13,503
15,536
16,517
17,088
18,274
19,220
18,720
22,207
23,208
24,529
23,777
26,531
Sales/Revenue/Turnover
46.92
42.79
46.18
43.42
43.96
45.96
45.95
44.53
44.45
45.65
45
47.82
45.1
44.59
41.05
36.81
Operating Margin (%)
1,821
1,964
2,235
2,271
2,350
2,498
2,620
2,756
2,799
2,817
2,890
3,044
3,184
3,140
3,405
3,433
Depreciation Expense
3,605
2,829
4,162
3,926
4,554
5,947
6,576
6,660
7,229
7,958
7,633
9,770
9,589
10,047
8,578
8,440
Net Income, GAAP
0.08
0.13
0.04
0.08
0.09
0.06
0.06
0.05
0.05
0.04
0.04
0.03
0.03
0.03
0.06
0.04
Effective Tax Rate (%)
34.81
27.91
33.22
31.63
33.73
38.28
39.81
38.97
39.56
41.4
40.77
44
41.32
40.96
36.08
31.81
Profit Margin (%)
-7,662
-37,545
-23,815
-11,340
-38,144
-14,031
-8,717
-17,736
-2,823
11,362
-2,437
-6,003
-7,501
- -
-1,460
-1,672
Working Capital
56,362
46,062
73,412
86,900
66,900
77,950
83,600
86,200
97,050
107,600
95,700
103,850
101,924
106,497
131,437
123,562
LT Debt
73,733
73,267
87,729
87,668
96,402
123,656
123,947
123,952
124,302
124,790
124,963
125,584
137,656
139,289
148,623
146,493
Total Equity
3.58
2.88
3.38
2.89
3.24
3.65
3.57
3.47
3.61
3.8
3.64
4.58
4.39
4.41
3.59
3.43
Return on Invested Capital (%)
3.62
2.88
3.4
2.9
3.22
3.63
3.56
3.46
3.61
3.81
3.65
4.6
4.4
4.43
3.61
3.47
Return on Capital (%)
5.12
3.93
5.28
4.53
4.95
5.41
5.32
5.38
5.84
6.42
6.15
7.85
7.34
7.33
6.04
5.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.31%
-1.43%
Free Cash Flow
-143.58%
-141%
-171.13%
Net Income, GAAP
4.11%
2.94%
-1.61%
Sales/Revenue/Turnover
5.66%
7.47%
11.58%
Total Cash Common Dividend
6.4%
4.31%
1.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
24,529
2024
- -
- -
- -
- -
23,777
2025
- -
- -
- -
- -
26,531

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,168.19
2024
- -
- -
- -
- -
5,787.96
2025
- -
- -
- -
- -
5,748.13

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
5,999.75
2024
- -
- -
- -
- -
5,911.29
2025
- -
- -
- -
- -
6,069.04
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Business
NTT UD REIT Investment Corporation (NUD), ticker 8956.T, operates as a Japanese real estate investment trust (J-REIT) that acquires, owns, and manages a diversified portfolio of office buildings, residential properties, and other urban real estate assets primarily located in major Japanese cities including Tokyo. Sponsored by NTT Urban Development Corporation and with asset management provided by its wholly-owned subsidiary NTT Urban Development Asset Management Corporation, the company focuses on properties integrated with the NTT Group's urban development initiatives to ensure stable rental income and long-term asset value growth for unitholders. Founded on May 2, 2002, as Premier Investment Corporation and renamed NTT UD REIT Investment Corporation effective April 1, 2021, it is headquartered at Otemachi First Square 9th floor, 1-5-1 Otemachi, Chiyoda Ward, Tokyo, Japan, with fiscal periods ending April 30 and October 31; as of November 30, 2025, its portfolio comprises 62 properties with a total acquisition price of 296.4 billion yen and an occupancy rate of 98.2% as of October 31, 2025. Core investment products and services encompass large-scale office buildings in central business districts, urban residential complexes offering stable housing demand, and select other assets such as mixed-use developments; the portfolio emphasizes high-quality, strategically located properties benefiting from NTT Urban Development's development pipeline, including sites with strong connectivity to public transportation and proximity to NTT facilities. Recent major changes include NTT Urban Development Corporation's additional acquisition of NUD investment units announced on April 24, 2025, to increase its unitholding ratio and reinforce sponsor support for sustainable growth; the second transfer of ownership for the Landic Shimbashi 2 Building completed on October 30, 2025, as part of active portfolio management; renewal of commitment line agreements on September 25, 2025; receipt of a 4-Star rating in the 2025 GRESB Real Estate Assessment for the second consecutive year, alongside launch of a dedicated ESG website and adoption of a new corporate logo aligned with the NTT Group's corporate identity renewal; and new debt financing of 6.7 billion yen through six term loans to refinance existing obligations. NUD targets institutional and retail investors seeking J-REIT exposure to office and residential sectors, maintaining operations exclusively within Japan while leveraging sponsor synergies for competitive positioning in the urban real estate market.