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CENTRAL REIT Investment Corporation

3488.T

JPXReal EstateREIT - Diversified

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Latest quote

¥104,700

+¥1,400 · +1.36%

Aug 24, 3:30 PM JST

3488.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established on February 15, 2018, XYMAX REIT Investment Corporation, also known as XYMAX REIT, operates as a diversified, publicly listed Japanese Real Estate Investment Trust (J-REIT) on the Tokyo Stock Exchange's Real Estate Investment Trust Securities Market. This entity is sponsored by the XYMAX Group, a prominent leader in the real estate management industry.

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
JP
CEO
Tatsuya Nakayama
Listed since
Feb 15, 2018

Market position

Day range

Current ¥104,700

52-week range

Current ¥104,700

Open
¥103,400
Previous close
¥103,300
Volume
2.19K
1.99× average
Average volume
1.1K
Average daily volume
Market cap
26.14B JPY
Beta
0.14
Market reference 1
50-day average
¥104,442
+0.25% above average
200-day average
¥111,087.5
-5.75% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
16.2×
P/B (TTM)
0.99×
P/S (TTM)
8.34×
Dividend yield
6.17%

Profitability & efficiency

Gross margin
63.69%
Operating margin
59.38%
Net margin
51.46%

Financial health

Debt / equity
0.75×
Altman Z-score
1.11
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends72%63%55%46%Gross margin, FY2021: 63.91%Gross margin, FY2022: 69.94%Gross margin, FY2023: 63.58%Gross margin, FY2024: 64.91%Gross margin, FY2025: 65.62%Operating margin, FY2021: 54.56%Operating margin, FY2022: 59.34%Operating margin, FY2023: 54.11%Operating margin, FY2024: 55.54%Operating margin, FY2025: 55.37%Net margin, FY2021: 49.95%Net margin, FY2022: 53.74%Net margin, FY2023: 48.47%Net margin, FY2024: 49.46%Net margin, FY2025: 48.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 63.91%. Gross margin FY2022 69.94%. Gross margin FY2023 63.58%. Gross margin FY2024 64.91%. Gross margin FY2025 65.62%. Operating margin FY2021 54.56%. Operating margin FY2022 59.34%. Operating margin FY2023 54.11%. Operating margin FY2024 55.54%. Operating margin FY2025 55.37%. Net margin FY2021 49.95%. Net margin FY2022 53.74%. Net margin FY2023 48.47%. Net margin FY2024 49.46%. Net margin FY2025 48.83%.

Income trends

Revenue

3.56B JPY+6.28%

Operating income

1.97B JPY+5.95%

Net income

1.74B JPY+4.92%
Income trends across reported periods3.78B JPY2.88B JPY1.98B JPY1.07B JPYRevenue, FY2021: 2.6B JPYRevenue, FY2022: 3.49B JPYRevenue, FY2023: 3.31B JPYRevenue, FY2024: 3.35B JPYRevenue, FY2025: 3.56B JPYOperating income, FY2021: 1.42B JPYOperating income, FY2022: 2.07B JPYOperating income, FY2023: 1.79B JPYOperating income, FY2024: 1.86B JPYOperating income, FY2025: 1.97B JPYNet income, FY2021: 1.3B JPYNet income, FY2022: 1.87B JPYNet income, FY2023: 1.6B JPYNet income, FY2024: 1.65B JPYNet income, FY2025: 1.74B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.6B JPY. Revenue FY2022 3.49B JPY. Revenue FY2023 3.31B JPY. Revenue FY2024 3.35B JPY. Revenue FY2025 3.56B JPY. Operating income FY2021 1.42B JPY. Operating income FY2022 2.07B JPY. Operating income FY2023 1.79B JPY. Operating income FY2024 1.86B JPY. Operating income FY2025 1.97B JPY. Net income FY2021 1.3B JPY. Net income FY2022 1.87B JPY. Net income FY2023 1.6B JPY. Net income FY2024 1.65B JPY. Net income FY2025 1.74B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue3.56B JPY3.35B JPY3.31B JPY3.49B JPY2.6B JPY
Cost of goods sold1.22B JPY1.17B JPY1.21B JPY1.05B JPY938.02M JPY
Gross profit2.33B JPY2.17B JPY2.11B JPY2.44B JPY1.66B JPY
Selling, general, and administrative254.96M JPY228.94M JPY225.77M JPY264.82M JPY174.93M JPY
Operating expenses364.41M JPY313.19M JPY313.7M JPY369.67M JPY242.99M JPY
Interest income5.12M JPY−48.87M JPY−49.1M JPY34K JPY27K JPY
Interest expense188.45M JPY153.02M JPY135.47M JPY106.25M JPY79.39M JPY
Depreciation and amortization375.91M JPY353.82M JPY339.74M JPY301.21M JPY271.98M JPY
Operating income1.97B JPY1.86B JPY1.79B JPY2.07B JPY1.42B JPY
Net income1.74B JPY1.65B JPY1.6B JPY1.87B JPY1.3B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
63%
5 beats, 1 miss, 2 met estimates
Average EPS surprise
+1.86%
8 comparable reports
Latest EPS result
3,238
Estimate 3,172 · Beat by 2.08%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3,877.123,561.813,246.52,931.19Q2 '23BeatQ4 '23BeatQ2 '24BeatQ4 '24MetQ2 '25MetQ4 '25BeatQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Apr 18, 2023: actual 3,261, estimate 3,120.37, surprise +4.51%, Beat. Q4 2023, reported Oct 18, 2023: actual 3,166, estimate 3,080.31, surprise +2.78%, Beat. Q2 2024, reported Apr 18, 2024: actual 3,299, estimate 3,120.37, surprise +5.72%, Beat. Q4 2024, reported Oct 18, 2024: actual 3,327, estimate 3,327, surprise 0.00%, Met estimate. Q2 2025, reported Apr 18, 2025: actual 3,728, estimate 3,728, surprise 0.00%, Met estimate. Q4 2025, reported Oct 17, 2025: actual 3,225, estimate 3,172, surprise +1.67%, Beat. Q2 2026, reported Apr 17, 2026: actual 3,238, estimate 3,172, surprise +2.08%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 3,360, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.24B2.01B1.78B1.55BQ2 '23BeatQ4 '23MissQ2 '24MissQ4 '24MetQ2 '25MetQ4 '25BeatQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Apr 18, 2023: actual 1.65B JPY, estimate 1.64B JPY, surprise +0.37%, Beat. Q4 2023, reported Oct 18, 2023: actual 1.67B JPY, estimate 1.68B JPY, surprise -0.60%, Miss. Q2 2024, reported Apr 18, 2024: actual 1.66B JPY, estimate 1.68B JPY, surprise -1.07%, Miss. Q4 2024, reported Oct 18, 2024: actual 1.68B JPY, estimate 1.68B JPY, surprise 0.00%, Met estimate. Q2 2025, reported Apr 18, 2025: actual 1.84B JPY, estimate 1.84B JPY, surprise 0.00%, Met estimate. Q4 2025, reported Oct 17, 2025: actual 1.71B JPY, estimate 1.71B JPY, surprise +0.23%, Beat. Q2 2026, reported Apr 17, 2026: actual 2.16B JPY, estimate 2.16B JPY, surprise +0.05%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 1.97B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥6,925

2025 complete year+19.2% since 2021

2026 partial: ¥3,238

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

¥3,343

Semi-Annual

Record Aug 31, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend Feb 26, 2026

¥3,238

Semi-Annual

Record Feb 28, 2026 · Payment May 26, 2026

Dividend

Ex-dividend Aug 28, 2025

¥3,226

Semi-Annual

Record Aug 31, 2025 · Payment Nov 20, 2025

Dividend

Ex-dividend Feb 27, 2025

¥3,699

Semi-Annual

Record Feb 28, 2025 · Payment May 26, 2025

Dividend

Ex-dividend Aug 29, 2024

¥3,328

Semi-Annual

Record Aug 31, 2024 · Payment Nov 21, 2024

Dividend

Ex-dividend Feb 28, 2024

¥3,300

Annual

Record Feb 29, 2024 · Payment May 24, 2024

3488.T peers

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ETFs holding 3488.T

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
584.52K
Weight
0.01%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.785+0.16%
Dimensional - Global Real Estate ETF logoDimensional - Global Real Estate ETFDFGR
Market value
279.43K
Weight
0.01%
AUM
3.85B USD
Expense ratio
0.22%
Price / 1D
$29.555+0.32%
Avantis Real Estate ETF logoAvantis Real Estate ETFAVRE
Market value
59.15K
Weight
0.01%
AUM
877.49M USD
Expense ratio
0.17%
Price / 1D
$48.37+0.23%

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