1. Japan Stocks

  2. •

    Real Estate

  3. •

    REIT - Diversified
Nippon Accommodations Fund Inc.

Nippon Accommodations Fund Inc.

NIPPF
Nippon Accommodations Fund Inc.US flagOther OTC
920.66
USD
- -
- -
2.32BMarket Cap
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
Revenue per Share
8,036.59
8,406.1
8,698.21
8,690.99
8,844.16
9,047.2
9,720.15
9,461.91
9,458.36
9,792.87
10,087.49
10,046.06
5,241.92
Basic EPS, GAAP
2,852.49
3,023.22
3,133.88
3,233.16
3,407.74
3,667.95
4,273.38
4,029.95
3,952.5
4,199.41
4,496.26
4,504.59
2,324.26
Free Cash Flow per Basic Share
-12,986.17
-4,539.14
1,760.62
3,109.02
3,579.88
4,400.39
2,643.64
2,429.92
-3,674.87
4,465.13
5,751.35
3,706.81
1,153.54
Dividend per Share
2,673.86
2,860.19
3,055.36
3,144.09
3,311
3,535.03
3,772.92
4,098.12
4,005.72
4,104.13
4,215.1
4,420.69
2,301.06
Book Value per Share
60,645.22
56,012.46
58,932.41
57,600.25
57,673.69
57,806.44
58,295.69
57,995.87
60,425.12
59,881.16
60,119.51
59,991.57
60,103.09
Tangible Book Value per Share
60,645.2
56,042.79
58,701.52
57,374.82
57,470.86
57,603.64
58,103.64
58,035.42
60,377.99
59,805.09
60,085.97
60,154
60,265.54
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
3
3
3
3
Sales/Revenue/Turnover
17,084
19,394
20,564
21,055
21,426
21,918
23,548
22,923
23,547
24,652
25,394
25,290
13,196
Operating Margin (%)
44.6
43.76
42.54
43.22
43.84
45.13
47.86
46.42
45.42
46.46
47.62
48.1
48.06
Depreciation Expense
3,664
4,065
4,159
4,140
4,117
4,060
4,029
3,998
4,033
4,071
3,898
3,798
1,930
Net Income, GAAP
6,064
6,975
7,409
7,833
8,256
8,886
10,353
9,763
9,840
10,571
11,319
11,340
5,851
Effective Tax Rate (%)
0.03
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.02
0.02
Profit Margin (%)
35.49
35.96
36.03
37.2
38.53
40.54
43.96
42.59
41.79
42.88
44.57
44.84
44.34
Working Capital
-15,886
-15,472
-8,099
-16,235
-17,005
-18,005
-14,336
-11,290
-13,771
-12,813
-2,976
-7,296
-13,807
LT Debt
116,500
134,500
135,500
127,500
126,000
123,000
129,500
136,500
143,500
144,000
150,000
147,500
145,000
Total Equity
128,921
129,297
139,399
139,613
139,846
140,167
141,379
141,213
150,927
151,167
151,874
152,085
152,366
Return on Invested Capital (%)
3.04
3.06
3.04
3.15
3.26
3.44
3.86
3.58
3.45
3.57
3.78
3.82
1.98
Return on Capital (%)
3.04
3.06
3.04
3.15
3.26
3.44
3.86
3.59
3.46
3.57
3.8
3.82
1.99
Return on Common Equity (%)
5.22
5.4
5.52
5.62
5.91
6.35
7.36
6.93
6.76
7.02
7.49
7.5
3.87

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
0.91%
1.57%
0.18%
Free Cash Flow
-48.29%
-110.78%
-68.88%
Net Income, GAAP
-0.33%
-6.58%
-48.4%
Sales/Revenue/Turnover
-2.66%
-7.56%
-47.82%
Total Cash Common Dividend
-0.34%
-7.27%
-47.95%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
25,394
2024
- -
- -
- -
- -
25,290
2025
- -
- -
- -
- -
13,196

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4,496.26
2024
- -
- -
- -
- -
4,504.59
2025
- -
- -
- -
- -
2,324.26

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4,215.1
2024
- -
- -
- -
- -
4,420.69
2025
- -
- -
- -
- -
2,301.06

Company Description

APIChatGPT
CEO
Takashi Ikeda
Sector
Real Estate
Industry
REIT - Diversified
Address
4-1, Nihonbashi 1-chome Tokyo Japan 103-0027
IPO Date
Dec 31, 2009
Website
naf-r.jp
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Business
Nippon Accommodations Fund Inc. Nippon Accommodations Fund Inc. (NIPPF) operates as a Japanese real estate investment trust (J-REIT) that primarily invests in accommodation assets, including rental apartments, dormitories, corporate housing, serviced apartments, senior housing, and hospitality facilities such as hotels; its portfolio emphasizes newly developed residential properties in response to evolving social and lifestyle demands, with key properties like Okawabata Rental Building, Park Axis Gakugei University, Dormy Kyoto Nijo, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, and Park Cube Higashi Shinagawa. The fund targets urban centers, with approximately 80% of properties in Tokyo's 23 wards, alongside regional core designated metropolitan areas and major cities nationwide for hospitality assets; it serves residential tenants, corporate clients, seniors, and hotel guests, generating stable mid- to long-term earnings through strategic asset management. Founded in 2005 and listed on the Tokyo Stock Exchange in 2006, Nippon Accommodations Fund Inc. maintains its headquarters at Nihonbashi 1-chome Mitsui Building, 1-4-1 Nihonbashi, Chuo-ku, Tokyo, with Mitsui Fudosan Accommodations Fund Management Co., Ltd. serving as its asset manager. Recent developments include the acquisition of the Stayat Osaka Shinsaibashi East property for 2.55 billion yen in February 2025 to diversify its portfolio and drive asset growth, alongside ongoing portfolio expansions and financial results announcements for its 39th fiscal period ending August 2025, reflecting sustained operational performance as of November 2025.