Japan Metropolitan Fund Investment Corporation
JRFIF
Other OTC623.98
USD
- -
- -
ISIN
JP3039710003
Return %
Stock
S&P500
1Y
- -
17.85
3Y
-5.36
64.56
5Y
-37.60
69.89
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Keita Araki
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- Tokyo Building Tokyo TY Japan 100-6420
- IPO Date
- Feb 22, 2013
- Website
- jmf-reit.com
- Similar Companies
- Business
- Japan Metropolitan Fund Investment Corporation (JMF) operates as Japan's largest diversified real estate investment trust (REIT), listed on the Real Estate Investment Trust Section of the Tokyo Stock Exchange (securities code: 8953) since March 2002 under its original name Japan Retail Fund Investment Corporation; headquartered in Tokyo, the company invests in urban real estate properties that support metropolitan life through living, working, and consumption activities, including retail facilities, office buildings, residences, hotels, mixed-use properties, and other commercial assets primarily located in major metropolitan areas such as Tokyo, Nagoya, and Osaka, with a portfolio of 158 properties totaling 1,324,532 million yen in acquisition price and a 99.3% occupancy ratio as of October 31, 2025. JMF targets properties in central business districts like Chiyoda, Minato, and Chuo wards, as well as suburban hubs with strong tenant demand and transport connectivity, focusing on income-producing assets with durable leases, selective capital expenditures, and strategic asset rotation to deliver stable distributions and medium- to long-term capital gains to unitholders. The company outsources asset management to KJR Management, which handles investment strategy, property management, and investor relations. Originally the first Japanese investment corporation dedicated to retail properties, JMF expanded through its merger with LaSalle Japan REIT Inc. in March 2010 and with MCUBS MidCity Investment Corporation, an office-focused REIT, in March 2021; more recently, in August 2025, it agreed to acquire a 14-property portfolio valued at 68,653 million yen from Fujisoft Incorporated and Cyber Com Co., Ltd., comprising 12 office buildings—including the Fujisoft Shiodome Building, Fujisoft Headquarters Building, Fujisoft Shin-Nagoya Building, and Fujisoft Shin-Fukuoka Building—and two land leasehold assets across locations in Tokyo, Kanagawa, Saitama, Nagoya, Fukuoka, and Chiba, marking the first CRE carve-out deal between KKR (Fujisoft's parent) and KJR Management with rent revision clauses tied to office market fluctuations. As of the fiscal period ended August 2025, JMF reported distributions per unit of 2,820 yen, with forecasts of 2,952 yen for February 2025 and 2,850 yen for August 2026.
Japan Metropolitan Fund Investment Co. (OTCMKTS:JRFIF) Sees Significant Growth in Short Interest