Japan Real Estate Investment Corp.

Japan Real Estate Investment Corp.

635.00
EUR
0.00
(0.00%)
4.62BMarket Cap
Nov 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8,737.82
8,930.49
9,113.73
9,373.46
9,552.7
9,677.89
9,844.96
10,245.75
10,373.24
10,699.92
10,828.1
11,806.58
11,807.38
- -
Basic EPS, GAAP
3,041.38
3,063.61
3,141.73
3,314.84
3,528.05
3,805.05
4,097.08
4,526.97
4,681.82
4,740.94
4,737.03
5,267.86
5,154.28
- -
Free Cash Flow per Basic Share
-4,984.23
-2,965.81
-10,064.58
5,224.11
450.93
-3,738.98
4,128.36
-1,148.95
6,720.2
1,692.81
-665.83
3,112.74
4,102.49
- -
Dividend per Share
2,984.63
2,990.52
2,999.05
3,222.95
3,380.66
3,591.76
3,837.74
4,161.06
4,515.68
4,550.85
4,573.38
4,843.1
4,955.94
- -
Book Value per Share
68,235.66
69,774.27
71,605.23
71,695.68
71,842.72
73,776.31
74,034.99
74,400.56
74,565.98
74,755.72
75,678.7
76,103.37
76,300.84
76,405.09
Tangible Book Value per Share
66,991.3
68,596.71
70,484.48
70,577.2
70,772.37
72,769.56
73,033.31
73,462.89
73,634.26
73,829.47
74,782.52
74,764.87
74,967.6
75,073.93
Basic Weighted Avg Shares
6
6
6
7
7
7
7
7
7
7
7
7
7
- -
Sales/Revenue/Turnover
51,583
54,343
58,296
61,364
62,537
65,022
68,187
70,963
71,846
74,108
75,973
83,996
84,002
- -
Operating Margin (%)
41.51
40.64
39.96
40.29
41.17
43.33
45.53
47.71
48.54
47.43
46.19
48.76
47.72
- -
Depreciation Expense
10,716
11,533
12,342
12,988
13,086
12,952
12,838
13,046
12,796
12,602
12,460
12,426
12,300
- -
Net Income, GAAP
17,954
18,643
20,096
21,701
23,097
25,565
28,377
31,354
32,427
32,836
33,236
37,477
36,669
- -
Effective Tax Rate (%)
- -
0.12
0.09
0.34
0.1
0.57
1.58
1.82
1.7
1.83
0.07
3.5
2.07
- -
Profit Margin (%)
34.81
34.31
34.47
35.36
36.93
39.32
41.62
44.18
45.13
44.31
43.75
44.62
43.65
- -
Working Capital
-34,464
-52,594
-49,451
-72,974
-64,087
-28,881
-33,854
-60,814
-32,021
-51,322
-68,490
-96,346
-62,323
-65,449
LT Debt
267,050
252,450
304,650
267,800
295,000
337,993
329,993
335,793
350,493
353,193
354,893
340,893
379,493
414,493
Total Equity
405,415
436,623
468,767
469,359
470,322
510,978
512,770
515,302
516,448
517,762
538,403
541,424
542,829
543,570
Return on Invested Capital (%)
- -
2.97
2.9
2.95
3.07
3.22
3.4
3.62
3.66
3.67
3.63
3.97
3.91
- -
Return on Capital (%)
- -
2.96
2.9
2.95
3.07
3.2
3.39
3.62
3.66
3.68
3.62
3.97
3.93
- -
Return on Common Equity (%)
4.62
4.43
4.44
4.63
4.92
5.21
5.54
6.1
6.29
6.35
6.29
6.94
6.76
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
96,500
81,700
88,700
LT Borrowings
378,193
379,493
414,493
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
778,906
888,823
848,230

Working Capital

JPY

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
33,708
30,703
34,893
Cash, Cash Equivalents & STI
26,189
21,967
25,534
Accounts Receivable, Net
447
662
859
Inventories
- -
- -
- -
Total Current Liabilities
108,370
93,026
100,341
Payables & Accruals
- -
- -
- -
ST Debt
96,500
81,700
88,700
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.51%
1.06%
0.26%
Free Cash Flow
-297.89%
-288.36%
31.8%
Net Income, GAAP
6.31%
3.3%
-2.16%
Sales/Revenue/Turnover
3.76%
3.5%
0.01%
Total Cash Common Dividend
6.33%
4.16%
2.33%

Semi-annual Revenue

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
83,996
2025
- -
- -
84,002
2026
- -
- -
- -

Semi-annual Earnings Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5,267.86
2025
- -
- -
5,154.28
2026
- -
- -
- -

Semi-annual Dividends Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,843.1
2025
- -
- -
4,955.94
2026
- -
- -
- -

Company Description

CEO
Kazuyuki Inoue
Full Time Employees
- -
Sector
Finance
Industry
Real estate investment trusts
Address
Park Building Tokyo TY Japan 100-0004
IPO Date
Sep 10, 2001
Website
j-re.co.jp
Business
Japan Real Estate Investment Corporation, founded in 2001 and headquartered in Tokyo, Japan, operates as a real estate investment trust (REIT) focused primarily on the acquisition, ownership, and leasing of office buildings and commercial properties in Japan's key metropolitan areas including Tokyo, Osaka, and Nagoya. Its core portfolio comprises office buildings, retail facilities, logistics centers, and residential properties, with notable assets including Kitanomaru Square, Shiodome Building, Akasaka Park Building, Mitsubishi UFJ Trust and Banking Building, MM Park Building, Shibuya Cross Tower, Tokyo Opera City Building, Harumi Front, Harumi Center Building, and Shin-Fujita Building. The company provides comprehensive asset management services including tenant acquisition, retention, lease management, and property operation tailored to urban business environments. In recent strategic activity, Japan Real Estate Investment Corporation has focused on portfolio strengthening through selective acquisitions such as an additional 4.0% ownership in the Hachioji First Square property, enhancing asset value and operational efficiency. It has actively engaged in debt financing initiatives, including multiple loan agreements and a 60 billion yen commitment line established in 2025, aimed at supporting growth and refinancing activities. The company continues to emphasize sustainability, achieving certifications such as the ZEB Ready for properties like the JRE Amagasaki Front Building, and pursuing fixed- and long-term lease agreements to stabilize revenue streams amid challenging market conditions. Japan Real Estate Investment Corporation targets mid- to long-term stable earnings through its investment in office-centric real estate assets predominantly located within Tokyo's central business district and other major urban centers in Japan. Its tenant base spans diverse industries with a concentration in service, information technology, electric device manufacturing, and financial services sectors. The entity’s asset management approach focuses on maintaining high occupancy rates and fostering tenant satisfaction to ensure steady income flow, supported by rigorous property selection standards, including earthquake resilience and competitive facility offerings. The corporation also manages real estate-related securities and maintains a stable financial structure with prudent loan-to-value metrics. Overall, Japan Real Estate Investment Corporation is an established leader in Japan’s REIT market, specializing in commercial real estate investment, offering a diversified property portfolio, and demonstrating recent active portfolio management and financing strategies to sustain and grow its real estate assets under management.

Company News

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