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Nippon Building
(OTC:8951)
Nippon Building (8951) vs. iShares MSCI Japan ETF (EWJ)
Nippon Building Business Overview & Revenue Model
Nippon Building Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 101.06B | 94.38B | 99.58B | 96.55B | 80.34B |
| Gross Profit | 53.10B | 45.60B | 52.71B | 50.13B | 38.95B |
| EBITDA | 64.40B | 57.26B | 64.05B | 60.61B | 49.83B |
| Net Income | 46.01B | 38.85B | 45.73B | 43.15B | 32.79B |
Balance Sheet | |||||
| Total Assets | 1.38T | 1.39T | 1.37T | 1.31T | 1.20T |
| Cash, Cash Equivalents and Short-Term Investments | 21.35B | 18.88B | 11.48B | 21.75B | 133.73B |
| Total Debt | 586.30B | 592.50B | 577.50B | 550.50B | 459.50B |
| Total Liabilities | 672.51B | 679.37B | 662.22B | 634.56B | 530.81B |
| Stockholders Equity | 710.44B | 706.25B | 706.52B | 672.29B | 666.62B |
Cash Flow | |||||
| Free Cash Flow | 55.47B | 26.33B | -25.29B | -176.28B | -306.63M |
| Operating Cash Flow | 109.18B | 83.84B | 82.85B | 151.46B | 53.61B |
| Investing Cash Flow | -54.43B | -56.89B | -108.23B | -312.69B | -52.84B |
| Financing Cash Flow | -48.01B | -24.12B | 15.45B | 53.49B | 117.56B |
Nippon Building Technical Analysis
Nippon Building Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥523.02B | 23.22 | 4.09% | -17.31% | 15.83% | ||
76 Outperform | ¥1.12T | 24.44 | 6.37% | 3.63% | 21.60% | 18.44% | |
75 Outperform | ¥303.81B | 22.82 | 629.72% | -16.54% | 47.97% | ||
74 Outperform | ¥225.50B | 20.16 | 5.11% | -29.52% | 9.41% | ||
72 Outperform | $838.78B | 22.25 | 6.87% | 4.16% | 6.93% | 5.52% | |
66 Neutral | ¥176.44B | 22.28 | 4.49% | -16.98% | 1.05% | ||
63 Neutral | $6.87B | 19.10 | -1.13% | 7.17% | 4.77% | -25.03% |
Nippon Building Corporate Events
Nippon Building Fund Inc. announced a significant debt financing move, securing a total of ¥37 billion in long-term borrowings from various financial institutions. This financing will support the acquisition of new assets, including D-TOWER TOYAMA and other domestic real estate interests, enhancing NBF’s portfolio and strengthening its market position in the Japanese real estate sector.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced a debt refinancing plan involving a short-term borrowing of ¥5 billion from Mizuho Bank, Ltd. at an interest rate of 0.643%, to be implemented on June 30, 2025. This move is part of their strategy to manage existing financial obligations without altering their overall debt structure, ensuring stability in their financial operations.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. has announced the determination of pricing for a new issuance and secondary offering of investment units, following a board decision on June 19, 2025. The issuance includes 138,045 new units, with a significant portion aimed at overseas investors in Europe and Asia, excluding the United States and Canada. The move is expected to enhance NBF’s capital base and support its strategic growth initiatives in the real estate sector.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced revisions to its forecasted operating results for the period ending December 31, 2025, and provided new forecasts for the period ending June 30, 2026. The revisions reflect the company’s recent acquisitions and dispositions, including the acquisition of Yokohama Mitsui Building and the scheduled acquisition of D-TOWER TOYAMA. These strategic moves are expected to enhance NBF’s asset portfolio and financial performance, potentially impacting distributions per unit and overall investor returns.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced a partial change to the funding strategy for acquiring the Frontier Musashikosugi N and S Buildings. The company will now use proceeds from new investment units, alongside loans and cash on hand, to finance the acquisition. This strategic move could enhance NBF’s financial flexibility and potentially improve its market positioning by optimizing its capital structure.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced its decision to issue new investment units and conduct a secondary offering, as approved by its board of directors. This strategic move is expected to enhance the company’s capital base, enabling further investments in prime real estate assets, and potentially strengthening its market position in the competitive REIT sector.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Management Ltd. announced the acquisition of the Frontier Musashikosugi N and S Buildings for 29,000 million yen, with the transaction set to be completed by July 2, 2025. This acquisition is expected to enhance the company’s portfolio profitability, leveraging the strategic location and high demand for office spaces in the Musashikosugi area, which is well-connected to major cities and serves as a hub for IT and education-related tenants.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced its decision to refinance a short-term borrowing of ¥5 billion from Mizuho Bank, Ltd. at an interest rate of 0.643%, with the repayment due on June 30, 2025. This refinancing is part of the company’s strategic financial management to maintain its current borrowing levels while slightly adjusting its long-term borrowing structure, with no significant change in its total debt profile. The move is expected to have no impact on the investment risks previously reported, ensuring stability for stakeholders.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced a long-term borrowing of ¥1 billion from SBI Shinsei Bank, Limited, with an interest rate of 0.87%, to refinance a maturing loan. This move maintains the company’s overall borrowing level, reflecting a strategic approach to managing its financial obligations without altering its investment risk profile.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund, Inc. announced a correction to its previous notice regarding the acquisition and disposition of domestic real estate trust beneficiary interests. The correction pertains to the earthquake resistance details of the Yokohama Mitsui Building, with the Earthquake PML adjusted from 1.8% to 2.4%, impacting the building’s risk assessment.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
Nippon Building Fund Inc. announced a debt refinancing decision involving a ¥5 billion short-term borrowing from Mizuho Bank, Ltd., with an interest rate of 0.660%. This refinancing is aimed at maintaining their current financial structure without altering the total amount of borrowings, ensuring stability in their financial operations and minimizing risks for stakeholders.