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Japan Prime Realty Investment Corporation logo

Japan Prime Realty Investment Corporation

8955.T

JPXReal EstateREIT - Diversified

Open in GoAI

Latest quote

¥97,800

+¥700 · +0.72%

Aug 24, 1:21 PM JST

8955.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Japan Prime Realty Investment Corporation (JPR) was founded on September 14, 2001, adhering to the provisions of Japan's Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended). JPR made its debut on the Tokyo Stock Exchange's Real Estate Investment Trust Section on June 14, 2002, initially issuing 289,600 investment units. Following a series of public offerings and other capital-raising initiatives, the total number of outstanding investment units expanded to 958,250 by the close of the 37th fiscal period on June 30, 2020. JPR entrusts the management of its property portfolio to Tokyo Realty Investment Management, Inc. (TRIM). Its strategic objective is to maximize value for unitholders through the efficient stewardship of its assets, primarily comprising office and retail properties.

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
JP
CEO
Satoshi Eida
Listed since
Sep 29, 2005
Employees
50

Market position

Day range

Current ¥97,800

52-week range

Current ¥97,800

Open
¥97,700
Previous close
¥97,100
Volume
1.67K
0.22× average
Average volume
7.63K
Average daily volume
Market cap
395.92B JPY
Beta
0.24
Market reference 1
50-day average
¥95,726
+2.17% above average
200-day average
¥100,842.5
-3.02% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
634.56B JPY
P/E (TTM)
20.54×
P/B (TTM)
1.38×
P/S (TTM)
7.31×
EV / EBITDA
24.17×
Earnings yield
4.72%
Free cash flow yield
-5.45%
Dividend yield
4.35%

Profitability & efficiency

Gross margin
33.37%
Operating margin
39.31%
Net margin
35.16%
Return on equity
6.93%
Return on assets
3.51%
Return on invested capital
3.87%

Financial health

Debt / equity
0.85×
Current ratio
1.01×
Altman Z-score
1.32
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends58%50%42%34%Gross margin, FY2021: 54.76%Gross margin, FY2022: 55.91%Gross margin, FY2023: 49.15%Gross margin, FY2024: 49.95%Gross margin, FY2025: 35.63%Operating margin, FY2021: 48.98%Operating margin, FY2022: 50.18%Operating margin, FY2023: 47.80%Operating margin, FY2024: 48.54%Operating margin, FY2025: 41.40%Net margin, FY2021: 45.03%Net margin, FY2022: 46.03%Net margin, FY2023: 43.43%Net margin, FY2024: 43.85%Net margin, FY2025: 37.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.76%. Gross margin FY2022 55.91%. Gross margin FY2023 49.15%. Gross margin FY2024 49.95%. Gross margin FY2025 35.63%. Operating margin FY2021 48.98%. Operating margin FY2022 50.18%. Operating margin FY2023 47.80%. Operating margin FY2024 48.54%. Operating margin FY2025 41.40%. Net margin FY2021 45.03%. Net margin FY2022 46.03%. Net margin FY2023 43.43%. Net margin FY2024 43.85%. Net margin FY2025 37.56%.

Income trends

Revenue

52.65B JPY+41.45%

Operating income

21.8B JPY+20.63%

Net income

19.78B JPY+21.16%
Income trends across reported periods56.37B JPY41.49B JPY26.62B JPY11.74B JPYRevenue, FY2021: 35.56B JPYRevenue, FY2022: 37.1B JPYRevenue, FY2023: 35.59B JPYRevenue, FY2024: 37.23B JPYRevenue, FY2025: 52.65B JPYOperating income, FY2021: 17.42B JPYOperating income, FY2022: 18.62B JPYOperating income, FY2023: 17.01B JPYOperating income, FY2024: 18.07B JPYOperating income, FY2025: 21.8B JPYNet income, FY2021: 16.01B JPYNet income, FY2022: 17.08B JPYNet income, FY2023: 15.46B JPYNet income, FY2024: 16.32B JPYNet income, FY2025: 19.78B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.56B JPY. Revenue FY2022 37.1B JPY. Revenue FY2023 35.59B JPY. Revenue FY2024 37.23B JPY. Revenue FY2025 52.65B JPY. Operating income FY2021 17.42B JPY. Operating income FY2022 18.62B JPY. Operating income FY2023 17.01B JPY. Operating income FY2024 18.07B JPY. Operating income FY2025 21.8B JPY. Net income FY2021 16.01B JPY. Net income FY2022 17.08B JPY. Net income FY2023 15.46B JPY. Net income FY2024 16.32B JPY. Net income FY2025 19.78B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue52.65B JPY37.23B JPY35.59B JPY37.1B JPY35.56B JPY
Cost of goods sold33.9B JPY18.63B JPY18.09B JPY16.36B JPY16.09B JPY
Gross profit18.76B JPY18.6B JPY17.49B JPY20.74B JPY19.47B JPY
Selling, general, and administrative1.74B JPY219.44M JPY213.8M JPY1.76B JPY1.71B JPY
Operating expenses−3.04B JPY525.37M JPY479.81M JPY2.12B JPY2.06B JPY
Interest income52.82M JPY−20.98M JPY383K JPY367K JPY415K JPY
Interest expense2.12B JPY1.63B JPY1.59B JPY1.44B JPY1.4B JPY
Depreciation and amortization4.36B JPY4.35B JPY4.1B JPY4.1B JPY4.24B JPY
Operating income21.8B JPY18.07B JPY17.01B JPY18.62B JPY17.42B JPY
Net income19.78B JPY16.32B JPY15.46B JPY17.08B JPY16.01B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 3 misses, 3 met estimates
Average EPS surprise
+1.49%
11 comparable reports
Latest EPS result
2,319.76
Estimate 2,321.35 · Miss by 0.07%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2,724.82,396.352,067.91,739.45Q3 '23BeatQ1 '24MetQ3 '24MetQ1 '25MissQ3 '25MissQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 17, 2023: actual 2,030.25, estimate 2,014.86, surprise +0.76%, Beat. Q1 2024, reported Feb 16, 2024: actual 1,844.25, estimate 1,844.25, surprise 0.00%, Met estimate. Q3 2024, reported Aug 16, 2024: actual 1,887.75, estimate 1,887.75, surprise 0.00%, Met estimate. Q1 2025, reported Feb 17, 2025: actual 2,203.75, estimate 2,207.5, surprise -0.17%, Miss. Q3 2025, reported Aug 15, 2025: actual 2,602, estimate 2,620, surprise -0.69%, Miss. Q1 2026, reported Feb 16, 2026: actual 2,387, estimate 2,325, surprise +2.67%, Beat. Q3 2026, reported Aug 17, 2026: actual 2,319.76, estimate 2,321.35, surprise -0.07%, Miss. Q1 2027, reported Feb 12, 2027: actual —, estimate 1,983.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates21.64B19.95B18.26B16.58BQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25BeatQ3 '25BeatQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 17, 2023: actual 18.17B JPY, estimate 18.18B JPY, surprise -0.02%, Miss. Q1 2024, reported Feb 16, 2024: actual 17.41B JPY, estimate 17.41B JPY, surprise -0.01%, Miss. Q3 2024, reported Aug 16, 2024: actual 17.64B JPY, estimate 17.64B JPY, surprise -0.00%, Miss. Q1 2025, reported Feb 17, 2025: actual 19.58B JPY, estimate 19.53B JPY, surprise +0.28%, Beat. Q3 2025, reported Aug 15, 2025: actual 20.8B JPY, estimate 20.79B JPY, surprise +0.08%, Beat. Q1 2026, reported Feb 16, 2026: actual 20.35B JPY, estimate 20.33B JPY, surprise +0.08%, Beat. Q3 2026, reported Aug 17, 2026: actual 20.3B JPY, estimate 20.78B JPY, surprise -2.33%, Miss. Q1 2027, reported Feb 12, 2027: actual —, estimate 19.52B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥4,118.5

2025 complete year-56.5% since 2021

2026 partial: ¥2,147

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 29, 2026

¥2,147

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Dec 29, 2025

¥2,111

Semi-Annual

Record Dec 31, 2025 · Payment Mar 10, 2026

Dividend

Ex-dividend Jun 27, 2025

¥2,007.5

Semi-Annual

Record Jun 30, 2025 · Payment Sep 10, 2025

Dividend

Ex-dividend Dec 27, 2024

¥7,935

Semi-Annual

Record Dec 31, 2024 · Payment Mar 10, 2025

Dividend

Ex-dividend Jun 27, 2024

¥30,400

Semi-Annual

Record Jun 30, 2024 · Payment Sep 10, 2024

Dividend

Ex-dividend Dec 28, 2023

¥7,600

Semi-Annual

Record Dec 31, 2023 · Payment Mar 8, 2024

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ETFs holding 8955.T

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

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
32.38M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
22.01M
Weight
0.01%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
16.07M
Weight
0.01%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
9.07M
Weight
0.23%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.71+0.04%
iShares MSCI EAFE Small-Cap ETF logoiShares MSCI EAFE Small-Cap ETFSCZ
Market value
7.48M
Weight
0.06%
AUM
13.28B USD
Expense ratio
0.40%
Price / 1D
$86.60+0.70%
iShares Global REIT ETF logoiShares Global REIT ETFREET
Market value
6.13M
Weight
0.12%
AUM
5.06B USD
Expense ratio
0.14%
Price / 1D
$28.02-0.21%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
5.13M
Weight
0.01%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.69+0.82%
Schwab International Equity ETF logoSchwab International Equity ETFSCHF
Market value
4.55M
Weight
0.01%
AUM
69.7B USD
Expense ratio
0.03%
Price / 1D
$28.46+0.85%

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