Japan Hotel Reit Investment Corporation

Japan Hotel Reit Investment Corporation

520.03
USD
+6.10
(+1.19%)
2.52BMarket Cap
Feb 25Next 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
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
- -
Basic EPS, GAAP
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
- -
Free Cash Flow per Basic Share
-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
- -
Dividend per Share
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
- -
Book Value per Share
34,241.35
35,948.69
41,318.41
48,376.82
50,354.28
50,705.55
53,004.04
49,570.62
49,595.26
50,050.08
52,831.57
55,601.79
57,507.22
57,507.22
Tangible Book Value per Share
26,678.6
28,839.98
34,994.17
39,264.86
41,834.62
42,249.59
45,428.51
41,953.24
42,273.95
42,775.85
45,872.11
49,316.09
51,305.08
51,305.08
Basic Weighted Avg Shares
2
3
3
4
4
4
4
4
4
4
5
5
5
- -
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
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
- -
Net Income, GAAP
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
- -
Effective Tax Rate (%)
0.04
0.02
0.01
0.01
0.01
0.01
0.01
0.08
0.09
0.05
0.01
0.01
- -
- -
Profit Margin (%)
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
- -
Working Capital
-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
8,087
LT Debt
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
233,501
Total Equity
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
293,115
Return on Invested Capital (%)
- -
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 Capital (%)
- -
3.96
4.96
4.85
4.64
5.06
4.43
0.71
0.65
0.99
3.54
4.37
5.76
- -
Return on Common Equity (%)
- -
6.08
8.07
7.77
7.3
8
6.95
0.67
0.59
1.2
5.61
6.92
9.42
- -

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
33,800
46,630
35,880
LT Borrowings
171,431
222,951
233,501
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
349,352
371,502
394,834

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
42,989
35,884
50,995
Cash, Cash Equivalents & STI
22,933
16,348
26,389
Accounts Receivable, Net
6,045
4,418
7,970
Inventories
- -
- -
- -
Total Current Liabilities
38,281
49,964
42,908
Payables & Accruals
- -
- -
- -
ST Debt
33,800
46,630
35,880
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

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%

Semi-annual Revenue

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
26,575
2024
- -
- -
33,481
2025
- -
- -
45,564

Semi-annual Earnings Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,832.46
2024
- -
- -
3,755
2025
- -
- -
5,325

Semi-annual Dividends Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
656.79
2024
- -
- -
2,871.52
2025
- -
- -
3,935.81

Company Description

CEO
Hiroyuki Aoki
Sector
Finance
Industry
Real estate investment trusts
Address
Ebisu Neonato Tokyo TY Japan 150-0013
IPO Date
Jun 14, 2006
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.

Company News

  • Japan Hotel REIT Investment Co. (OTCMKTS:NIPOF) Short Interest Down 34.2% in January