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    Real estate investment trusts
CENTRAL REIT Investment Corporation

CENTRAL REIT Investment Corporation

TTSE:3488
104,800.00
JPY
+400.00
(+0.38%)
28.51BMarket Cap
Apr 22Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10,860.85
11,910.51
12,121.5
11,633.12
13,966.28
13,262.87
13,476.36
13,733.03
- -
Basic EPS, GAAP
4,606.75
6,647.76
6,249.19
5,811.08
7,505.68
6,428.02
6,655.55
6,451.3
- -
Free Cash Flow per Basic Share
-261,146.67
8,963.34
6,134.26
-5,231.24
-25,836.25
7,097.84
7,371.34
7,288.29
- -
Dividend per Share
- -
6,202.46
6,060.08
6,151.15
6,077.9
7,283.61
6,599.16
7,453.53
- -
Book Value per Share
103,710.39
104,152.15
104,342.35
104,000.44
105,909.86
105,061.07
105,232.92
105,169.18
105,788.76
Tangible Book Value per Share
103,710.39
104,152.15
104,342.35
104,000.44
105,909.86
105,061.07
105,232.92
105,169.18
105,788.76
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
1,375
2,661
2,708
2,599
3,487
3,311
3,364
3,428
- -
Operating Margin (%)
65.28
59.5
55.25
54.56
59.34
54.11
55.59
54
- -
Depreciation Expense
124
240
254
272
301
331
349
381
- -
Net Income, GAAP
583
1,485
1,396
1,298
1,874
1,605
1,662
1,611
- -
Effective Tax Rate (%)
0.28
0.12
0.13
0.14
0.1
0.11
0.1
0.1
- -
Profit Margin (%)
42.42
55.81
51.55
49.95
53.74
48.47
49.39
46.98
- -
Working Capital
120
-753
-568
-2,285
619
-1,016
-970
-1,457
-897
LT Debt
9,344
8,330
8,530
9,192
16,804
15,339
15,413
15,045
15,551
Total Equity
23,169
23,268
23,310
23,234
26,440
26,228
26,271
26,255
26,410
Return on Invested Capital (%)
- -
4.49
4.27
3.92
4.94
3.87
4.06
4.01
- -
Return on Capital (%)
- -
4.4
4.19
3.81
4.73
3.77
3.97
3.95
- -
Return on Common Equity (%)
- -
6.4
5.99
5.58
7.54
6.09
6.33
6.13
- -

Capital Structure

JPY

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
ST Debt
4,856
4,856
4,350
LT Borrowings
15,045
15,045
15,551
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
28,460
29,758
28,510

Working Capital

JPY

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
Total Current Assets
3,760
3,975
4,038
Cash, Cash Equivalents & STI
1,070
977
1,088
Accounts Receivable, Net
57
67
67
Inventories
- -
- -
- -
Total Current Liabilities
5,352
5,432
4,935
Payables & Accruals
- -
- -
- -
ST Debt
4,856
4,856
4,350
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.55%
-0.06%
Free Cash Flow
- -
28.38%
-1.13%
Net Income, GAAP
- -
4.69%
-3.07%
Sales/Revenue/Turnover
- -
5.72%
1.9%
Total Cash Common Dividend
- -
7.06%
12.95%

Semi-annual Revenue

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,364
2025
- -
- -
3,428
2026
- -
- -
- -

Semi-annual Earnings Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,655.55
2025
- -
- -
6,451.3
2026
- -
- -
- -

Semi-annual Dividends Per Share

JPY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,599.16
2025
- -
- -
7,453.53
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tatsuya Nakayama
Sector
Finance
Industry
Real estate investment trusts
Address
1-1-1 Tokyo TY Japan
IPO Date
Feb 15, 2018
Website
xymaxreit.co.jp
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Business
XYMAX REIT Investment Corporation XYMAX REIT Investment Corporation (3488.T) operates as a diversified Japanese real estate investment trust that primarily invests in office buildings, commercial facilities, retail properties, hotels, and logistics facilities; its portfolio emphasizes properties in central urban areas including Tokyo's 23 wards and surrounding prefectures, Nagoya, Osaka, and other ordinance-designated cities. The company manages 18 assets with a total acquisition price of approximately 43,861 million yen and maintains a 100% occupancy rate as of September 2025, supported by sponsor backing from XYMAX GROUP Corporation for real estate management expertise in leasing, brokerage, and consulting across Kanto, Kansai, Kyushu, and Hokkaido regions. Founded in September 2017 and listed on the Tokyo Stock Exchange in February 2018, it is headquartered at 1-11-30 Akasaka, Minato-ku, Tokyo, with asset management delegated to MEITETSU XYMAX ASSET MANAGEMENT CO., LTD. In a major strategic shift on October 1, 2025, the asset management company transitioned from XYMAX REAL ESTATE INVESTMENT ADVISORS Corporation to MEITETSU XYMAX ASSET MANAGEMENT CO., LTD., coinciding with the addition of MEITETSU CITY DESIGN CO., LTD. as a co-sponsor alongside XYMAX GROUP Corporation to form a dual-sponsor structure enhancing growth through expanded networks and development projects like retail properties in Hirakata, Osaka targeting daily necessities tenants.