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Japan Retail Investment
(8953)
Japan Retail Investment (8953) vs. iShares MSCI Japan ETF (EWJ)
Japan Retail Investment Business Overview & Revenue Model
Japan Retail Investment Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 128.45B | 81.72B | 82.74B | 81.71B | 70.88B | 62.86B |
| Gross Profit | 22.98B | 45.47B | 45.48B | 46.05B | 38.03B | 34.85B |
| EBITDA | 58.70B | 47.12B | 47.64B | 48.70B | 40.36B | 38.46B |
| Net Income | 41.50B | 31.71B | 32.02B | 32.65B | 25.45B | 24.92B |
Balance Sheet | ||||||
| Total Assets | 1.33T | 1.25T | 1.25T | 1.25T | 1.24T | 903.46B |
| Cash, Cash Equivalents and Short-Term Investments | 75.83B | 18.39B | 37.37B | 41.23B | 64.82B | 47.71B |
| Total Debt | 600.64B | 553.64B | 550.64B | 549.64B | 538.67B | 411.73B |
| Total Liabilities | 679.99B | 627.23B | 624.85B | 624.19B | 612.05B | 469.74B |
| Stockholders Equity | 649.38B | 624.30B | 625.08B | 624.78B | 623.67B | 433.73B |
Cash Flow | ||||||
| Free Cash Flow | -38.79B | 7.88B | 14.55B | -29.48B | 554.94M | 6.00B |
| Operating Cash Flow | 47.28B | 42.27B | 40.40B | 41.65B | 34.58B | 30.40B |
| Investing Cash Flow | -44.07B | -27.00B | -14.72B | -41.40B | -537.05M | -12.32B |
| Financing Cash Flow | 30.31B | -29.70B | -31.03B | -21.03B | -28.93B | -18.39B |
Japan Retail Investment Technical Analysis
Japan Retail Investment Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥656.44B | 23.31 | ― | 4.28% | 27.21% | 39.13% | |
73 Outperform | ¥892.63B | 21.45 | 6.41% | 4.62% | 40.15% | 27.43% | |
72 Outperform | ¥254.27B | 20.53 | ― | 4.67% | 4.11% | 2.05% | |
71 Outperform | ¥593.95B | 25.26 | ― | 4.10% | -31.88% | 2.02% | |
66 Neutral | ¥293.73B | 21.08 | ― | 4.96% | 0.59% | 3.29% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | ¥809.86B | 25.26 | 5.22% | 4.21% | 2.76% | 6.04% |
Japan Retail Investment Corporate Events
Japan Metropolitan Fund Investment Corporation has finalized the interest rate for a previously announced green loan refinancing, securing a ¥1 billion unsecured and unguaranteed loan from The Bank of Iwate with a fixed interest rate of 1.691% over a 4.9-year term. The borrowing is scheduled for December 26, 2025, with a lump-sum repayment due on November 29, 2030, reinforcing the REIT’s use of green financing instruments to support its capital structure and potentially enhance its positioning among environmentally focused investors and lenders.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has agreed to dispose of its office property JMF-Bldg. Edogawabashi 01 in Tokyo for ¥4.55 billion, a price 30% above its appraisal value and above book value, generating an estimated gain of about ¥580 million and eliminating unrealized losses tied to the asset. The REIT plans to return the entire gain on sale to unitholders in the August 2026 fiscal period while using the remaining proceeds as replacement capital for higher-yield, growth-oriented assets, a move aimed at boosting NAV, improving portfolio profitability, and mitigating downside risk from a location deemed suboptimal for office use.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has revised upward its forecast for the August 2026 fiscal period distribution per unit (DPU) to 2,950 yen, driven by plans to return the entire estimated gain on the sale of a property to investors. The REIT will dispose of the office property JMF-Bldg. Edogawabashi 01, an asset previously carrying unrealized losses, at a planned sale price of 4.55 billion yen, above both its book value of 3.81 billion yen and appraisal value of 3.5 billion yen, generating an estimated gain on sale of 580 million yen, or about 80 yen per unit. This transaction is expected to boost NAV by crystallizing gains on an underperforming asset, while the sale proceeds will be redeployed into investment units of private REITs and other assets with stronger profitability and growth potential, supporting the company’s strategy of improving earnings power and distribution stability over time.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has decided to further expand its exposure to Japan’s residential real estate sector by acquiring additional investment units in two private residential REITs, Nisshin Private Residential Reit (NSPR) and Hoosiers Private REIT Investment Corporation (HPR), from Mizuho Securities. JMF will buy 960 new NSPR units for 1,199 million yen and 800 new HPR units for 877 million yen, funded with cash on hand, as part of capital increases by the two vehicles to finance the acquisition of a total of eight new residential properties. The move builds on JMF’s existing strategy of supporting the growth of these unlisted REITs through ongoing unit purchases, which has already led to expansion in their asset bases and improved dividend yields, and JMF expects the latest acquisitions to further strengthen the stability and growth of its own distributable income and enhance value for its unitholders while keeping its real estate ratio at or above 70% of total assets.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has decided to refinance a ¥1 billion loan maturing on December 26, 2025 with a new unsecured, unguaranteed green loan from The Bank of Iwate, Ltd., carrying a 4.9-year term and a lump-sum repayment due on November 29, 2030. The transaction is structured under JMF’s Green Finance Framework and does not change the total amount of its interest-bearing debt, but it increases the share of green loans within its long-term borrowings, underscoring the REIT’s ongoing commitment to sustainable financing while maintaining overall leverage levels for stakeholders.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has raised its forecast for operating results and distributions for the fiscal period ending August 2026, citing stronger-than-expected performance. Operating revenues are now projected at ¥50.24 billion and net income at ¥22.23 billion, both up modestly from previous estimates, lifting the forecast distribution per unit by ¥100 to ¥2,950. The upward revision is driven by higher gains on the sale of JMF-Bldg. Edogawabashi 01, increased dividend income from additional acquisitions of investment units in Nisshin Private Residential Reit and Hoosiers Private REIT Investment Corporation, and internal growth within its existing portfolio, signaling improving earnings momentum and potentially more attractive returns for unitholders.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has announced the determination of the interest rate for its recent debt financing initiative. This decision, involving a loan from Sumitomo Mitsui Trust Bank, Limited, sets a fixed interest rate of 1.672% for a loan amount of ¥2,000 million over a term of 4.9 years, with a scheduled borrowing date of November 28, 2025, and a repayment date of October 31, 2030. The loan is unsecured and unguaranteed, with a lump sum repayment structure.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation, a player in the real estate investment sector, has completed the disposition of its trust beneficiary right in the JMF-Bldg. Akasaka 01 property. The company plans to use the gain from this sale, amounting to 3,139 million yen, as dividends over several fiscal periods, while the proceeds will be used to fund new property acquisitions and repay short-term borrowings.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation announced amendments to its Articles of Incorporation to allow electronic record-keeping and signatures, enhancing management flexibility and operational efficiency. Additionally, the company plans to appoint new directors and alternates, with changes to be finalized at the upcoming General Meeting of Unitholders, potentially impacting its governance structure.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
Japan Metropolitan Fund Investment Corporation has announced a promotional initiative to distribute shopping vouchers to its unitholders, aiming to boost sales and rent revenue at six of its retail facilities. This initiative, which will be reviewed for its effectiveness, is not expected to impact the company’s financial forecasts for the upcoming fiscal periods.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
JMF has announced the acquisition of additional shares in the Kawaramachi OPA, a prominent retail property in Kyoto’s commercial district. This acquisition aims to increase JMF’s ownership to 94.4065%, enhancing liquidity, operational flexibility, and financial returns, while reducing unrealized losses by approximately 0.08 billion yen.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.