1. Japan Stocks

  2. •

    Real Estate

  3. •

    REIT - Hotel & Motel
Japan Hotel REIT Investment Corporation

Japan Hotel REIT Investment Corporation

8985.T
Japan Hotel REIT Investment CorporationJP flagTokyo Stock Exchange
75,800.00
JPY
+600.00
- -
386.35BMarket Cap
Japan Hotel REIT Investment Corporation
8985.T
(Tokyo Stock Exchange)

Recent

price

75,800.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
- -
3,841.09
- -
4,638.95
4,771.28
5,666.72
6,314.3
6,559.64
7,044.36
6,376.44
3,101.24
3,052.72
3,338.47
5,730.97
6,880.54
8,938.31
Revenue per Share
- -
1,198.11
- -
1,307.36
2,159.34
3,036.83
3,462.6
3,606.14
4,041.65
3,447.76
342.21
290.37
598.11
2,832.46
3,755
5,325
Basic EPS, GAAP
- -
-7,834.78
- -
-9,741.48
-3,329.12
-14,248.96
-14,592.02
-4,659.69
6,959.93
-11,843.51
2,422.02
1,788.41
316.24
-4,497.46
-8,734.69
-7,621.35
Free Cash Flow per Basic Share
- -
1,041.9
- -
1,217.77
1,899.17
1,964.81
2,670.92
3,311.5
3,681.64
3,517.65
3,688.87
410.43
365.95
656.79
2,871.52
3,935.81
Dividend per Share
- -
33,260.57
- -
21,058.13
24,230.33
30,962.95
41,973.2
46,514.86
42,317.65
45,589.94
42,224.86
42,206.08
42,504.13
45,759.9
51,578.08
50,975.58
Book Value per Share
- -
33,802.36
- -
28,276.3
30,100.65
35,949.79
42,188.91
43,204.46
42,249.59
45,710.19
41,953.24
42,282.89
42,775.85
45,872.11
51,656.54
51,298.46
Tangible Book Value per Share
1
1
2
2
3
3
4
4
4
4
4
4
4
5
5
5
Basic Weighted Avg Shares
- -
2,675
- -
11,473
12,760
17,344
22,107
25,476
28,254
28,279
13,839
13,634
14,913
26,575
33,481
45,564
Sales/Revenue/Turnover
- -
55.32
- -
46.79
59.13
63.36
62.81
61.85
63.69
60.64
22.95
21.71
28.81
56.5
62.06
68.15
Operating Margin (%)
- -
497
- -
2,297
2,400
2,772
3,294
3,726
4,092
4,557
4,762
4,804
4,788
5,083
5,618
6,695
Depreciation Expense
- -
834
- -
3,233
5,775
9,295
12,123
14,005
16,210
15,290
1,527
1,297
2,672
13,134
18,272
27,145
Net Income, GAAP
- -
0.25
- -
0.04
0.02
0.01
0.01
0.01
0.01
0.01
0.08
0.09
0.05
0.01
0.01
- -
Effective Tax Rate (%)
- -
31.19
- -
28.18
45.26
53.59
54.84
54.97
57.37
54.07
11.03
9.51
17.92
49.42
54.57
59.58
Profit Margin (%)
- -
-1,087
- -
-4,245
2,362
-9,440
14,686
9,758
23,245
21,135
919
-8,625
-19,612
-10,535
4,708
8,087
Working Capital
- -
17,646
- -
58,413
69,265
79,879
114,700
122,377
123,554
155,972
143,672
126,318
113,686
135,142
171,431
233,501
LT Debt
- -
23,655
- -
89,756
100,343
129,914
181,989
201,963
203,372
236,522
221,201
221,542
223,574
244,980
283,403
293,115
Total Equity
- -
6.52
- -
6.52
4.36
5.3
5.13
4.84
5.26
4.59
0.8
0.76
1.11
3.71
4.57
5.9
Return on Invested Capital (%)
- -
5.14
- -
6.83
5.02
5.98
5.57
5.08
5.51
4.88
0.77
0.71
1.08
3.85
4.71
6.14
Return on Capital (%)
- -
7.2
- -
12.42
9.88
11.65
10.03
8.55
9.25
8.22
0.78
0.69
1.41
6.53
7.89
10.63
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
9.13%
5.95%
3.43%
Free Cash Flow
-229.99%
-317.9%
-8.59%
Net Income, GAAP
53.62%
114.04%
48.56%
Sales/Revenue/Turnover
15.08%
29.64%
36.09%
Total Cash Common Dividend
50.8%
77.8%
43.59%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
26,575
2024
- -
- -
- -
- -
33,481
2025
- -
- -
- -
- -
45,564

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2,832.46
2024
- -
- -
- -
- -
3,755
2025
- -
- -
- -
- -
5,325

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
656.79
2024
- -
- -
- -
- -
2,871.52
2025
- -
- -
- -
- -
3,935.81
Similar Companies
CorePoint Lodging Inc. (CPLG)
Regal Real Estate Investment Trust (1881.HK)
Sunstone Hotel Investors, Inc. (SHO)
Sotherly Hotels Inc. (SOHO)
Sunstone Hotel Investors, Inc. (SHO-PH)
Host Hotels & Resorts, Inc. (HST)
Business
Japan Hotel REIT Investment Corporation (JHR), a Tokyo-listed real estate investment trust (REIT) established in 2005 as Nippon Hotel Fund Investment Corporation and renamed following its 2012 merger with Japan Hotel and Resort Inc., invests primarily in income-generating hotel properties across Japan; its portfolio comprises 51 hotels encompassing over 14,000 guest rooms in strategic locations targeting domestic leisure demand and inbound tourism, including urban business hotels, resort properties, and properties operated under major brands such as Hyatt, Hilton, and others; JHR entrusts asset management to Japan Hotel REIT Advisors Co., Ltd. and focuses on urban and resort areas in regions like Tokyo, Osaka, Fukuoka, and nationwide hotspots to maximize occupancy and rental income from hotel operators. Headquartered at Ebisu Neonato 4F, 4-1-18 Ebisu, Shibuya-ku, Tokyo, the REIT serves institutional and retail investors seeking exposure to Japan's hospitality sector through stable distributions derived from long-term lease agreements and property appreciation. In recent developments, JHR acquired the Hyatt Regency Tokyo from KKR and Gaw Capital for over $800 million in Q3 2025 and the Hilton Fukuoka Sea Hawk from Mizuho Leasing for JPY 64.4 billion ($420 million) earlier in 2025, expanding its high-quality urban and resort assets; these deals follow a pattern of 36 property acquisitions totaling JPY 364.7 billion since the 2012 merger, enhancing portfolio scale to an aggregate acquisition price of JPY 453.2 billion with 5.1 million investment units outstanding.