1. Japan Stocks

  2. •

    Real Estate

  3. •

    REIT - Diversified
Japan Prime Realty Investment Corporation

Japan Prime Realty Investment Corporation

JPRRF
Japan Prime Realty Investment CorporationUS flagOther OTC
614.57
USD
- -
- -
2.49BMarket Cap
Japan Prime Realty Investment Corporation
JPRRF
(Other OTC)

Recent

price

614.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
8,456.23
8,147.69
8,217.35
8,142.57
8,374.86
8,331.16
8,405.63
8,225.68
8,357.99
8,696.54
8,793.27
9,277.02
9,318.39
8,921.53
9,332.66
10,382.11
Revenue per Share
3,147.95
2,871.02
3,124.16
3,008.73
3,124.74
3,335.36
3,450.61
3,678.77
3,642.22
3,827.41
3,968.66
4,177.81
4,289.38
3,874.82
4,091.91
4,989.37
Basic EPS, GAAP
-5,794.64
2,674.56
-12,175.09
-107.28
3,822.27
2,565.12
3,749.7
405.94
4,264.06
3,322.87
-3,211.41
-287.76
3,800.61
1,649.11
-71.08
-6,660.79
Free Cash Flow per Basic Share
3,206.31
2,821.85
2,856.35
3,029.98
3,039
3,184.51
3,335.55
3,481.62
3,616.37
3,676.09
3,726.09
3,851.41
3,770.68
3,837.01
3,799.75
3,993.19
Dividend per Share
59,934.88
59,934.88
63,991.77
59,703.38
59,789.12
63,507.82
62,017.49
64,787.23
64,579.66
64,620.85
67,133.52
66,726.37
67,876.99
67,468.81
67,827.95
67,639.82
Book Value per Share
59,686.68
59,734.03
62,457.51
58,271.77
58,357.85
62,120.51
57,831.59
60,871.04
60,677.58
61,609.92
64,215.2
64,139.18
65,760.05
65,669.81
65,961.63
65,981.44
Tangible Book Value per Share
3
3
3
3
3
3
3
4
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
24,185
23,302
25,309
26,870
27,637
28,357
29,352
30,260
30,858
32,108
33,493
35,559
37,098
35,585
37,225
41,150
Sales/Revenue/Turnover
51.15
48.78
51.99
47.46
46.69
47.71
47.82
50.62
48.36
48.71
49.4
48.98
50.18
47.8
48.54
53
Operating Margin (%)
3,827
3,738
3,587
3,754
3,676
3,730
3,769
3,829
3,887
3,940
4,114
4,229
4,102
4,105
4,349
4,353
Depreciation Expense
9,003
8,211
9,622
9,929
10,312
11,353
12,050
13,533
13,447
14,131
15,117
16,014
17,077
15,456
16,321
19,776
Net Income, GAAP
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Effective Tax Rate (%)
37.23
35.24
38.02
36.95
37.31
40.03
41.05
44.72
43.58
44.01
45.13
45.03
46.03
43.43
43.85
48.06
Profit Margin (%)
-18,227
-16,038
-14,963
-13,321
-14,634
-6,364
-20,307
4,263
8,133
8,656
8,445
-1,354
15,737
10,182
10,870
-1,638
Working Capital
121,005
123,989
149,939
161,524
158,292
149,960
144,328
157,820
159,920
163,020
170,700
176,400
179,900
182,400
198,500
208,500
LT Debt
175,503
175,641
197,169
197,095
197,378
216,239
216,639
238,619
238,712
239,270
256,400
257,650
273,604
273,753
274,917
273,334
Total Equity
3.8
3.35
3.67
3.33
3.32
3.46
3.51
3.71
3.55
3.7
3.77
3.79
3.95
3.56
3.67
4.29
Return on Invested Capital (%)
3.73
3.3
3.5
3.28
3.27
3.44
3.49
3.7
3.59
3.71
3.77
3.81
3.96
3.57
3.68
4.31
Return on Capital (%)
5.49
4.79
5.22
5.04
5.23
5.49
5.57
5.95
5.64
5.92
6.12
6.26
6.49
5.73
6.05
7.34
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
2.44%
1.32%
-0.58%
Free Cash Flow
818.2%
1,497.64%
9,211.84%
Net Income, GAAP
5.97%
5.97%
21.16%
Sales/Revenue/Turnover
3.85%
4.31%
10.54%
Total Cash Common Dividend
3.9%
2.22%
4.43%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
35,585
2024
- -
- -
- -
- -
37,225
2025
- -
- -
- -
- -
41,150

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3,874.82
2024
- -
- -
- -
- -
4,091.91
2025
- -
- -
- -
- -
4,989.37

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3,837.01
2024
- -
- -
- -
- -
3,799.75
2025
- -
- -
- -
- -
3,993.19
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Business
Japan Prime Realty Investment Corporation is a Japan-based closed-end real estate investment trust (REIT) that primarily invests in urban commercial real estate, focusing on premium office buildings and high-profile retail properties located primarily in Tokyo and other key cities across Japan. Its core offerings include ownership and management of office buildings; retail commercial facilities; urban business facilities; and, more recently, hospitality assets such as limited-service hotels. The company’s portfolio consists mainly of downtown commercial establishments and prime office spaces, complemented by select retail properties. The asset management of the REIT’s portfolio is entrusted to Tokyo Tatemono Realty Investment Management, Inc., a wholly owned subsidiary of Tokyo Tatemono Co., Ltd., which acts as its main sponsor. Recent strategic activities include the acquisition of four properties from Tokyo Tatemono for approximately JPY 31.9 billion, comprising additional stakes in Grand Front Osaka’s North and South Buildings, the FUNDES Kamata retail property, and the Hotel Gracery Asakusa, a select-service hotel marking JPR’s entry into hospitality assets. Concurrently, the REIT sold older office properties, namely the Minami Azabu Building and JPR Yokohama Nihon-Odori Building for JPY 9.53 billion, reflecting a portfolio rebalancing aimed at improving asset quality and profitability. Additionally, in 2024, JPR acquired The Royal Park Canvas Nagoya, its first urban limited-service hotel, marking a strategic diversification beyond office and retail properties. The company also completed an equity buyback in early 2025 and implemented a unit split (four-for-one) effective July 2025, aimed at enhancing liquidity and market accessibility. Founded in 2001 and headquartered in Tokyo, Japan Prime Realty Investment Corporation targets institutional and retail investors seeking steady income and capital appreciation through investment in high-quality urban commercial real estate assets. The company operates mainly in Japan, with a portfolio valued at over JPY 526 billion as of late 2025 and an occupancy rate exceeding 99%. Its main industry segments are real estate investment and asset management, focusing on commercial real estate sectors including office, retail, and hotel properties. The strategic alliance with its sponsor Tokyo Tatemono facilitates a pipeline of quality assets and ongoing portfolio optimization to sustain growth and distributions to unitholders. Japan Prime Realty aims for sustainable growth by selectively acquiring properties with strong potential, leveraging sponsor relationships, and focusing on rent improvement and portfolio quality enhancement.