Nippon Prologis REIT, Inc. (JP:3283)
:3283
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Nippon Prologis REIT, Inc.
(3283)
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Rating:63Neutral
Price Target:
¥96,383.00
▲(8.30% Upside)
Action:DowngradedDate:01/23/26
The score is primarily supported by strong profitability and revenue growth with a generally stable (though gradually more levered) balance sheet, but it is weighed down by inconsistent free cash flow and weak near-term technical signals (below key moving averages with low momentum). Valuation is mixed: a healthy dividend yield offsets a relatively high P/E.
Positive Factors
Revenue growth & high margins
Sustained top-line acceleration and very high margins indicate durable demand for logistics space and structural pricing power. This supports long-term cash generation capacity to fund distributions, reinvestment, and selective development even through economic cycles.
Negative Factors
Volatile free cash flow
Irregular free cash flow limits the REIT's ability to self-fund development and acquisitions and forces periodic capital market dependence. Recurrent negative FCF years raise refinancing and dividend sustainability risks over multi-year planning horizons.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & high margins
Sustained top-line acceleration and very high margins indicate durable demand for logistics space and structural pricing power. This supports long-term cash generation capacity to fund distributions, reinvestment, and selective development even through economic cycles.
Read all positive factors
Nippon Prologis REIT, Inc. (3283) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥744.11B
Dividend Yield4.1%
Average Volume (3M)14.92K
Price to Earnings (P/E)25.3
Beta (1Y)0.10
Revenue Growth12.04%
EPS Growth12.83%
CountryJP
Employees136
SectorReal Estate
Sector Strength53
IndustryREIT - Industrial
Share Statistics
EPS (TTM)1830.00
Shares Outstanding8,389,107
10 Day Avg. Volume14,961
30 Day Avg. Volume14,916
Financial Highlights & Ratios
PEG Ratio-0.43
Price to Book (P/B)1.56
Price to Sales (P/S)10.37
P/FCF Ratio-1.54K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)3,529.2
Revenue Forecast (FY)¥63.21B
Nippon Prologis REIT, Inc. Business Overview & Revenue Model
Company Description
Nippon Prologis REIT, Inc. (3283) is a leading real estate investment trust (REIT) in Japan, specializing in the acquisition, development, and management of logistics facilities. The company focuses on the industrial sector, primarily investing in...
How the Company Makes Money
Nippon Prologis REIT generates revenue primarily through leasing its logistics properties to tenants on long-term contracts. The company's revenue model is based on rental income earned from these leases, which provides a consistent and stable cas...
Nippon Prologis REIT, Inc. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
74
Positive
Cash Flow
55
Neutral
| Breakdown | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 75.06B | 61.43B | 59.35B | 54.38B | 49.96B |
| Gross Profit | 18.97B | 32.87B | 26.09B | 24.23B | 27.92B |
| EBITDA | 48.79B | 41.54B | 40.02B | 37.06B | 34.52B |
| Net Income | 30.79B | 25.14B | 23.46B | 22.37B | 21.61B |
Balance Sheet | |||||
| Total Assets | 899.89B | 878.18B | 881.22B | 803.38B | 752.32B |
| Cash, Cash Equivalents and Short-Term Investments | 30.21B | 34.70B | 33.30B | 32.54B | 35.00B |
| Total Debt | 362.30B | 333.30B | 333.30B | 309.10B | 282.50B |
| Total Liabilities | 401.57B | 369.63B | 368.63B | 337.07B | 313.48B |
| Stockholders Equity | 498.32B | 508.54B | 512.59B | 466.31B | 438.84B |
Cash Flow | |||||
| Free Cash Flow | -506.39M | 37.69B | -60.83B | -29.51B | -30.65B |
| Operating Cash Flow | 43.72B | 40.51B | 36.39B | 35.80B | 34.22B |
| Investing Cash Flow | -53.57B | -2.54B | -94.50B | -63.85B | -63.05B |
| Financing Cash Flow | -12.02B | -29.20B | 52.23B | 26.31B | 35.09B |
Nippon Prologis REIT, Inc. Technical Analysis
Negative
89000.00
Price Trends
90420.00
Negative
91592.87
Negative
87169.39
Positive
Market Momentum
-782.87
Negative
47.41
Neutral
83.20
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3283, the sentiment is Negative. The current price of 89000 is above the 20-day moving average (MA) of 88990.00, below the 50-day MA of 90420.00, and above the 200-day MA of 87169.39, indicating a neutral trend. The MACD of -782.87 indicates Negative momentum. The RSI at 47.41 is Neutral, neither overbought nor oversold. The STOCH value of 83.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3283.
Nippon Prologis REIT, Inc. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥269.90B | 19.83 | 5.78% | 5.26% | 12.81% | 1.32% | |
68 Neutral | ¥640.02B | 21.26 | ― | 4.86% | ― | ― | |
66 Neutral | ¥267.48B | 10.83 | 8.18% | 3.87% | 27.77% | 14.16% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ¥190.08B | 12.06 | ― | 4.68% | 22.29% | 0.88% | |
63 Neutral | ¥744.11B | 25.28 | ― | 4.10% | 12.04% | 12.83% |
* Real Estate Sector Average
JP:3283
Nippon Prologis REIT, Inc.
89,600.00
14,225.14
18.87%
JP:3466
LaSalle LOGIPORT REIT
157,200.00
25,568.48
19.42%
JP:8967
Japan Logistics Fund
98,400.00
9,911.22
11.20%
JP:3281
GLP J-REIT
141,000.00
23,982.34
20.49%
JP:3471
Mitsui Fudosan Logistics Park, Inc.
117,300.00
23,129.35
24.56%
JP:3481
Mitsubishi Estate Logistics REIT Investment Corp.
129,700.00
20,164.84
18.41%
Nippon Prologis REIT, Inc. Corporate Events
Nippon Prologis REIT Sets Prices for Ichikawa 2 Acquisition and Funabashi 5 Disposition in Portfolio Swap
Jan 21, 2026
Nippon Prologis REIT has set the acquisition price for full co-ownership of Prologis Park Ichikawa 2 in Chiba at ¥27.5 billion, based on an appraisal value of ¥28.3 billion, and scheduled the remaining 54% stake to be acquired from Japan...
Nippon Prologis REIT Outlines 26th Fiscal Period Results and Growth Strategy
Jan 21, 2026
Nippon Prologis REIT, Inc. released materials for its 26th fiscal period ended November 30, 2025, outlining financial highlights, growth strategies, logistics real estate market fundamentals, and investor relations activities, with per-unit histor...
Nippon Prologis REIT Posts Stable Results and Keeps Payouts Steady as It Guides for Mild Earnings Dip
Jan 21, 2026
Nippon Prologis REIT reported modest growth in operating revenues to ¥35.08 billion for the six months ended November 30, 2025, while operating income, ordinary income and net income slipped slightly versus the prior period, reflecting stable...
Nippon Prologis REIT Extends ¥20 Billion Commitment Line to 2028
Dec 24, 2025
Nippon Prologis REIT, Inc. has extended the maturity of its existing 20 billion yen unsecured, non-guaranteed commitment line by one year, pushing the end of the commitment period from February 26, 2027 to February 29, 2028. The syndicated facilit...
Nippon Prologis REIT Secures 5,000 Million Yen for Debt Refinancing
Nov 20, 2025
Nippon Prologis REIT, Inc. has announced a debt financing initiative to obtain 5,000 million yen through short-term borrowing from Sumitomo Mitsui Banking Corporation and Mizuho Bank, Ltd. This borrowing is intended to refinance an existing short-...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.