Ankündigung • Jun 11
One Reit, Inc. Announces Retirement of Director Hidetoshi Kato At Asset Management Company, Effective June 10, 2026 One REIT, Inc. announced that Mizuho REIT Management Co. Ltd., the asset management company to which One REIT entrusts management of its assets, had accepted the resignation of Director (Full-time) Hidetoshi Kato as of June 10, 2026. Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: JP¥5,462 (vs JP¥4,923 in FY 2025) Full year 2026 results: EPS: JP¥5,462 (up from JP¥4,923 in FY 2025). Revenue: JP¥10.0b (up 3.8% from FY 2025). Net income: JP¥4.40b (up 11% from FY 2025). Profit margin: 44% (up from 41% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • May 20
Final dividend of JP¥2,170 announced Shareholders will receive a dividend of JP¥2,170. Ex-date: 28th August 2026 Payment date: 19th November 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. New Risk • May 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (98% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (21% increase in shares outstanding). Price Target Changed • May 08
Price target decreased by 12% to JP¥83,000 Down from JP¥94,000, the current price target is provided by 1 analyst. New target price is 7.0% above last closing price of JP¥77,600. Stock is down 4.8% over the past year. The company posted earnings per share of JP¥5,462 last year. Ankündigung • Apr 15
One REIT, Inc. announces Semi-Annual dividend, payable on November 19, 2026 One REIT, Inc. announced Semi-Annual dividend of JPY 2170.0000 per share payable on November 19, 2026, ex-date on August 28, 2026 and record date on August 31, 2026. Reported Earnings • Apr 15
Full year 2026 earnings released: EPS: JP¥5,462 (vs JP¥4,923 in FY 2025) Full year 2026 results: EPS: JP¥5,462 (up from JP¥4,923 in FY 2025). Revenue: JP¥10.0b (up 3.8% from FY 2025). Net income: JP¥4.40b (up 11% from FY 2025). Profit margin: 44% (up from 41% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥2,255 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 20 May 2026. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.9%). Ankündigung • Feb 15
One REIT, Inc. to Report Fiscal Year 2025 Final Results on Apr 14, 2026 One REIT, Inc. announced that they will report fiscal year 2025 final results on Apr 14, 2026 Reported Earnings • Jan 18
First half 2026 earnings released: EPS: JP¥3,075 (vs JP¥2,278 in 1H 2025) First half 2026 results: EPS: JP¥3,075 (up from JP¥2,278 in 1H 2025). Revenue: JP¥5.33b (up 14% from 1H 2025). Net income: JP¥2.48b (up 35% from 1H 2025). Profit margin: 46% (up from 39% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Declared Dividend • Dec 11
First half dividend of JP¥2,220 announced Shareholders will receive a dividend of JP¥2,220. Ex-date: 26th February 2026 Payment date: 20th May 2026 Dividend yield will be 12%, which is higher than the industry average of 4.3%. Ankündigung • Dec 10
One REIT, Inc. announces Semi-Annual dividend, payable on May 20, 2026 One REIT, Inc. announced Semi-Annual dividend of JPY 2220.0000 per share payable on May 20, 2026, ex-date on February 26, 2026 and record date on February 28, 2026. Price Target Changed • Nov 12
Price target increased by 10% to JP¥94,000 Up from JP¥85,333, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥91,000. Stock is up 21% over the past year. The company posted earnings per share of JP¥4,923 last year. Reported Earnings • Oct 16
First half 2026 earnings released: EPS: JP¥9,223 (vs JP¥2,278 in 1H 2025) First half 2026 results: EPS: JP¥9,223 (up from JP¥2,278 in 1H 2025). Revenue: JP¥5.33b (up 14% from 1H 2025). Net income: JP¥2.48b (up 35% from 1H 2025). Profit margin: 46% (up from 39% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 01
Global Link Management Inc. (TSE:3486) entered into a Purchase and Sale Agreement to acquire ONEST Minami-Otsuka Building and Shinkawa 1-Chome Building from One REIT, Inc. (TSE:3290) for ¥6.23 billion. Global Link Management Inc. (TSE:3486) entered into a Purchase and Sale Agreement to acquire ONEST Minami-Otsuka Building and Shinkawa 1-Chome Building from One REIT, Inc. (TSE:3290) for ¥6.23 billion on September 30, 2025. The expected completion of the transaction is January 30, 2026. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥8,060 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 19 November 2025. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.8%). Ankündigung • Aug 01
One REIT, Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025 One REIT, Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025 Reported Earnings • Jul 16
Full year 2025 earnings released: EPS: JP¥14,769 (vs JP¥13,511 in FY 2024) Full year 2025 results: EPS: JP¥14,769 (up from JP¥13,511 in FY 2024). Revenue: JP¥9.66b (up 4.9% from FY 2024). Net income: JP¥3.96b (up 9.3% from FY 2024). Profit margin: 41% (up from 39% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥14,765 (vs JP¥13,511 in FY 2024) Full year 2025 results: EPS: JP¥14,765 (up from JP¥13,511 in FY 2024). Revenue: JP¥9.66b (up 4.9% from FY 2024). Net income: JP¥3.96b (up 9.3% from FY 2024). Profit margin: 41% (up from 39% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year. Declared Dividend • May 21
Final dividend of JP¥8,060 announced Shareholders will receive a dividend of JP¥8,060. Ex-date: 28th August 2025 Payment date: 19th November 2025 Dividend yield will be 6.3%, which is higher than the industry average of 4.3%. Buy Or Sell Opportunity • May 08
Now 21% undervalued Over the last 90 days, the stock has risen 2.7% to JP¥244,800. The fair value is estimated to be JP¥308,330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.0%. Ankündigung • Apr 15
One REIT, Inc. announces Semi-Annual dividend, payable on November 19, 2025 One REIT, Inc. announced Semi-Annual dividend of JPY 8060.0000 per share payable on November 19, 2025, ex-date on August 28, 2025 and record date on August 31, 2025. Ankündigung • Mar 21
Denki Building Co., Ltd. completed the acquisition of MY Kumamoto Building from One REIT, Inc. (TSE:3290). Denki Building Co., Ltd. signed a letter of intent to acquire MY Kumamoto Building from One REIT, Inc. (TSE:3290) for ¥1.9 billion on September 26, 2024. A cash consideration of ¥1.87 billion will be paid by Denki Building Co., Ltd. As part of consideration, ¥1.87 billion is paid towards assets of MY Kumamoto Building. The agreement is expected to be signed on September 30, 2024 and expected completion of the transaction is March 19, 2025. As of February 20, 2025, One REIT, Inc. announced that the first transfer representing 45.0% quasi-co-ownership interest of MY Kumamoto Building, which was scheduled to be transferred in two parts, has been completed for approximately ¥841 million. The transfer price excludes transfer costs, adjusted amount of fixed asset tax and city planning tax, consumption tax and local consumption tax, etc.
Denki Building Co., Ltd. completed the acquisition of MY Kumamoto Building from One REIT, Inc. (TSE:3290) on March 19, 2025. Buy Or Sell Opportunity • Mar 21
Now 20% undervalued Over the last 90 days, the stock has risen 9.2% to JP¥241,900. The fair value is estimated to be JP¥302,926, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.0%. Ankündigung • Mar 12
Raysum Co., Ltd. (TSE:8890) completed the acquisition of Minami-Shinagawa N Building/Minami-Shinagawa JN Building/Minami-Shinagawa J Building from One REIT, Inc. (TSE:3290). Raysum Co., Ltd. (TSE:8890) signed a letter of intent to acquire Minami-Shinagawa N Building/Minami-Shinagawa JN Building/Minami-Shinagawa J Building from One REIT, Inc. (TSE:3290) for ¥6.7 billion on December 25, 2024. A cash consideration of ¥6.7 billion will be paid by Raysum Co., Ltd. As part of consideration, ¥6.7 billion is paid towards assets of Domestic Real Estate Trust Beneficiary Rights. Conclusion date of purchase and sale agreement is December 26, 2024.
The expected completion of the transaction is March 11, 2025.
Raysum Co., Ltd. (TSE:8890) completed the acquisition of Minami-Shinagawa N Building/Minami-Shinagawa JN Building/Minami-Shinagawa J Building from One REIT, Inc. (TSE:3290) on March 11, 2025. Ankündigung • Mar 06
One REIT, Inc. to Report Q2, 2025 Results on Apr 14, 2025 One REIT, Inc. announced that they will report Q2, 2025 results on Apr 14, 2025 Buy Or Sell Opportunity • Mar 04
Now 20% undervalued Over the last 90 days, the stock has risen 4.7% to JP¥235,500. The fair value is estimated to be JP¥295,485, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.0%. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥7,020 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 20 May 2025. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (4.5%). Declared Dividend • Dec 28
Final dividend of JP¥7,020 announced Shareholders will receive a dividend of JP¥7,020. Ex-date: 27th February 2025 Payment date: 20th May 2025 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. Reported Earnings • Oct 18
First half 2025 earnings released: EPS: JP¥6,835 (vs JP¥6,822 in 1H 2024) First half 2025 results: EPS: JP¥6,835 (up from JP¥6,822 in 1H 2024). Revenue: JP¥4.66b (flat on 1H 2024). Net income: JP¥1.84b (flat on 1H 2024). Profit margin: 39% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year. Ankündigung • Sep 05
One REIT, Inc. to Report Fiscal Year 2024 Results on Oct 15, 2024 One REIT, Inc. announced that they will report fiscal year 2024 results on Oct 15, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥6,720 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 20 November 2024. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (4.5%). Declared Dividend • Apr 17
Final dividend of JP¥6,720 announced Shareholders will receive a dividend of JP¥6,720. Ex-date: 29th August 2024 Payment date: 20th November 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.3%. Ankündigung • Mar 05
One REIT, Inc. to Report First Half, 2024 Results on Apr 15, 2024 One REIT, Inc. announced that they will report first half, 2024 results on Apr 15, 2024 Ankündigung • Mar 01
Mizuho Realty One Co., Ltd. acquired additional 4.7% stake in One REIT’s investment units from One REIT, Inc. (TSE:3290). Mizuho Realty One Co., Ltd. agreed to acquire additional 4.7% stake in One REIT’s investment units from One REIT, Inc. (TSE:3290) on October 16, 2023. Mizuho Realty One Co., Ltd. now hold 14.7% stake in One REIT’s investment units.
Mizuho Realty One Co., Ltd. completed the acquisition of additional 4.7% stake in One REIT’s investment units from One REIT, Inc. (TSE:3290) on February 29, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥6,580 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 20 May 2024. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (4.6%). Price Target Changed • Oct 26
Price target increased by 7.5% to JP¥259,000 Up from JP¥241,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥254,300. Stock is up 5.3% over the past year. The company posted earnings per share of JP¥13,851 last year. Reported Earnings • Oct 18
First half 2024 earnings released: EPS: JP¥6,820 (vs JP¥7,012 in 1H 2023) First half 2024 results: EPS: JP¥6,820 (down from JP¥7,012 in 1H 2023). Revenue: JP¥4.64b (up 2.6% from 1H 2023). Net income: JP¥1.83b (down 2.7% from 1H 2023). Profit margin: 40% (down from 42% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Ankündigung • Sep 05
One REIT, Inc. to Report Fiscal Year 2023 Results on Oct 16, 2023 One REIT, Inc. announced that they will report fiscal year 2023 results on Oct 16, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥6,490 per share at 5.1% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 20 November 2023. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (4.2%). Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: JP¥13,851 (vs JP¥18,141 in FY 2022) Full year 2023 results: EPS: JP¥13,851 (down from JP¥18,141 in FY 2022). Revenue: JP¥9.11b (down 1.7% from FY 2022). Net income: JP¥3.72b (down 19% from FY 2022). Profit margin: 41% (down from 49% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥6,650 per share at 5.7% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 19 May 2023. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (4.0%). Reported Earnings • Dec 04
Full year 2022 earnings released: EPS: JP¥14,431 (vs JP¥15,151 in FY 2021) Full year 2022 results: EPS: JP¥14,431. Revenue: JP¥8.90b (flat on FY 2021). Net income: JP¥3.85b (up 5.9% from FY 2021). Profit margin: 43% (up from 41% in FY 2021). Price Target Changed • Nov 16
Price target decreased to JP¥241,000 Down from JP¥295,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥243,400. Stock is down 18% over the past year. The company posted earnings per share of JP¥18,141 last year. Price Target Changed • Oct 26
Price target decreased to JP¥241,000 Down from JP¥295,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥241,100. Stock is down 21% over the past year. The company posted earnings per share of JP¥18,141 last year. Reported Earnings • Oct 18
First half 2023 earnings released: EPS: JP¥7,010 (vs JP¥10,890 in 1H 2022) First half 2023 results: EPS: JP¥7,010 (down from JP¥10,890 in 1H 2022). Revenue: JP¥4.52b (down 7.6% from 1H 2022). Net income: JP¥1.88b (down 28% from 1H 2022). Profit margin: 42% (down from 53% in 1H 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Ankündigung • Sep 07
One REIT, Inc. to Report Q4, 2022 Results on Oct 17, 2022 One REIT, Inc. announced that they will report Q4, 2022 results on Oct 17, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥7,120 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 21 November 2022. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.6%). Reported Earnings • Jul 14
Full year 2022 earnings released: EPS: JP¥18,137 (vs JP¥12,254 in FY 2021) Full year 2022 results: EPS: JP¥18,137 (up from JP¥12,254 in FY 2021). Revenue: JP¥9.27b (up 13% from FY 2021). Net income: JP¥4.58b (up 56% from FY 2021). Profit margin: 49% (up from 36% in FY 2021). The increase in margin was primarily driven by higher revenue. Net asset value (NAV) per share: JP¥228,417 (flat on FY 2021). The current share price is 18% higher than NAV per share. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: JP¥18,137 (vs JP¥12,254 in FY 2021) Full year 2022 results: EPS: JP¥18,137 (up from JP¥12,254 in FY 2021). Revenue: JP¥9.27b (up 13% from FY 2021). Net income: JP¥4.58b (up 56% from FY 2021). Profit margin: 49% (up from 36% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥7,190 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 20 May 2022. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.8%). Ankündigung • Feb 04
One REIT, Inc. to Report Fiscal Year 2021 Results on Apr 14, 2022 One REIT, Inc. announced that they will report fiscal year 2021 results on Apr 14, 2022 Ankündigung • Jan 22
One REIT, Inc. Provides Earnings Guidance for the Fiscal Periods Ending February 28, 2022 and August 31, 2022 One REIT, Inc. provided earnings guidance for the fiscal periods ending February 28, 2022 and August 31, 2022. For February 28, 2022, the company expects operating revenue of JPY 4,365 million, operating profit of JPY 2,235 million and net income of JPY 1,930 million.For August 31, 2022, the company expects operating revenue of JPY 4,425 million, operating profit of JPY 2,218 million and net income of JPY 1,911 million. Reported Earnings • Nov 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: JP¥10,890 (up from JP¥7,994 in 1H 2021). Revenue: JP¥4.89b (up 17% from 1H 2021). Net income: JP¥2.61b (up 36% from 1H 2021). Profit margin: 53% (up from 46% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Oct 17
First half 2022 earnings released: EPS JP¥10,888 (vs JP¥7,994 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: JP¥4.89b (up 17% from 1H 2021). Net income: JP¥2.61b (up 36% from 1H 2021). Profit margin: 53% (up from 46% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥7,320 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 19 November 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (3.4%). Reported Earnings • Jun 03
Full year 2021 earnings released: EPS JP¥12,255 (vs JP¥14,952 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥8.23b (flat on FY 2020). Net income: JP¥2.94b (down 18% from FY 2020). Profit margin: 36% (down from 43% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Price Target Changed • May 10
Price target increased to JP¥320,000 Up from JP¥255,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥305,000. Stock is up 17% over the past year. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥7,420 Per Share Will be paid on the 19th of May to those who are registered shareholders by the 25th of February. The trailing yield of 4.9% is in the top quartile of Japanese dividend payers (2.8%), and it is higher than industry peers (3.8%). Is New 90 Day High Low • Jan 27
New 90-day high: JP¥263,700 The company is up 10.0% from its price of JP¥240,600 on 29 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: JP¥256,600 The company is up 3.0% from its price of JP¥249,500 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 1.0% over the same period. Ankündigung • Aug 10
One REIT, Inc. to Report Q4, 2020 Results on Oct 15, 2020 One REIT, Inc. announced that they will report Q4, 2020 results on Oct 15, 2020 
