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Japanese (NIKKEI) Industrial REITs Industry Analysis

UpdatedMay 25, 2026
DataAggregated Company Financials
Companies9
  • 7D-2.2%
  • 3M-7.2%
  • 1Y8.1%
  • YTDn/a

Over the last 7 days, the Industrial REITs industry has dropped 2.2%, driven by Nippon Prologis REIT declining 0.8%. This takes the industry's 12 month performance to a gain of 8.1%. Looking forward, earnings are forecast to decline by 1.7% per year.

Industry Valuation and Performance

Has the Japanese Industrial REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 May 2026JP¥2.9tJP¥233.6bJP¥114.6b22.5x25.4x12.5x
Wed, 22 Apr 2026JP¥3.1tJP¥255.9bJP¥123.6b24.3x25x12.1x
Fri, 20 Mar 2026JP¥3.1tJP¥234.3bJP¥110.7b24.8x28.3x13.4x
Sun, 15 Feb 2026JP¥3.1tJP¥229.5bJP¥107.6b24.4x28.8x13.5x
Tue, 13 Jan 2026JP¥3.3tJP¥225.0bJP¥104.6b29.2x31.8x14.8x
Thu, 11 Dec 2025JP¥3.1tJP¥224.6bJP¥104.7b27.1x30x14x
Sat, 08 Nov 2025JP¥3.1tJP¥224.6bJP¥104.7b27.4x29.8x13.9x
Mon, 06 Oct 2025JP¥3.0tJP¥268.6bJP¥123.7b23.2x23.9x11x
Wed, 03 Sep 2025JP¥2.9tJP¥267.6bJP¥123.4b23.4x23.8x11x
Fri, 01 Aug 2025JP¥2.8tJP¥266.2bJP¥123.0b24x23.1x10.7x
Sun, 29 Jun 2025JP¥2.8tJP¥262.0bJP¥120.2b23.7x23.5x10.8x
Tue, 27 May 2025JP¥2.7tJP¥229.7bJP¥105.2b23.7x25.8x11.8x
Thu, 24 Apr 2025JP¥2.7tJP¥230.3bJP¥105.2b24.1x25.9x11.8x
Sat, 22 Mar 2025JP¥2.8tJP¥260.7bJP¥118.5b22x23.3x10.6x
Mon, 17 Feb 2025JP¥2.7tJP¥259.4bJP¥117.9b22.1x23x10.5x
Wed, 15 Jan 2025JP¥2.7tJP¥259.0bJP¥117.7b21.2x22.8x10.3x
Fri, 13 Dec 2024JP¥2.7tJP¥258.4bJP¥117.8b21.1x22.8x10.4x
Sun, 10 Nov 2024JP¥2.7tJP¥254.5bJP¥115.7b22x23.6x10.7x
Tue, 08 Oct 2024JP¥2.8tJP¥258.3bJP¥115.1b24.7x24.6x11x
Thu, 05 Sep 2024JP¥2.9tJP¥255.0bJP¥113.4b25.3x25.7x11.4x
Sat, 03 Aug 2024JP¥2.8tJP¥255.0bJP¥113.5b24x24.8x11x
Mon, 01 Jul 2024JP¥2.9tJP¥253.4bJP¥112.0b24.9x26x11.5x
Wed, 29 May 2024JP¥3.0tJP¥253.2bJP¥113.3b25.1x26.1x11.7x
Fri, 26 Apr 2024JP¥3.0tJP¥253.1bJP¥113.3b25.4x26.7x12x
Sun, 24 Mar 2024JP¥3.1tJP¥249.2bJP¥111.8b26.2x27.4x12.3x
Tue, 20 Feb 2024JP¥2.8tJP¥248.5bJP¥110.2b24.9x25.3x11.2x
Thu, 18 Jan 2024JP¥3.1tJP¥246.1bJP¥110.1b26.9x27.7x12.4x
Sat, 16 Dec 2023JP¥3.0tJP¥245.2bJP¥108.7b26.6x27.8x12.3x
Mon, 13 Nov 2023JP¥3.0tJP¥243.9bJP¥108.3b27.4x28x12.4x
Wed, 11 Oct 2023JP¥3.1tJP¥239.9bJP¥110.7b27x27.6x12.7x
Fri, 08 Sep 2023JP¥3.2tJP¥239.4bJP¥111.0b28.5x28.6x13.3x
Sun, 06 Aug 2023JP¥3.1tJP¥240.1bJP¥112.4b28.7x27.3x12.8x
Tue, 04 Jul 2023JP¥3.2tJP¥242.7bJP¥109.1b30.4x29.6x13.3x
Thu, 01 Jun 2023JP¥3.3tJP¥236.8bJP¥112.0b31.8x29.4x13.9x
Price to Earnings Ratio

29.4x


Total Market Cap: JP¥3.3tTotal Earnings: JP¥112.0bTotal Revenue: JP¥236.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Industrial REITs Industry Price to Earnings3Y Average 26.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Industrial REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 26.3x.
  • The industry is trading close to its 3-year average PS ratio of 12.0x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Industrial REITs industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Japanese Industrial REITs compare with similar industries?

JP Market1.18%
Real Estate-3.52%
REITS-1.98%
Industrial REITs-2.24%
Hotel and Resort REITs-0.35%
Residential REITs-1.30%
Healthcare REITs-1.34%
Retail REITs-1.88%
Diversified REITs-1.98%
Office REITs-2.54%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3281 GLP J-REITJP¥132.90k0.2%
+JP¥959.5m		5.8%PB1.4x
8967 Japan Logistics FundJP¥92.00k0.2%
+JP¥549.2m		-0.1%PB1.8x

Latest News

3481
JP¥119,700.00
Mitsubishi Estate Logistics REIT Investment
7D
-0.7%
1Y
3.9%
3281
JP¥132,900.00
GLP J-REIT
7D
0.2%
1Y
5.8%
2979
JP¥118,200.00
SOSiLA Logistics REIT
7D
-2.2%
1Y
6.0%
3283
JP¥85,800.00
Nippon Prologis REIT
7D
-0.8%
1Y
10.2%
3466
JP¥144,500.00
LaSalle LOGIPORT REIT
7D
-1.6%
1Y
7.4%
3249
JP¥139,900.00
Industrial & Infrastructure Fund Investment
7D
-1.0%
1Y
21.1%
Narrative Update • Apr 24

3249: Logistics Upgrades And Dividend Outlook Will Support Stable Returns

Analysts now set the Industrial & Infrastructure Fund price target at ¥160,000, up from ¥157,000, citing adjusted assumptions for fair value, discount rate, revenue growth, profit margin, and forward P/E as key reasons for the change. What's in the News IIF completed the acquisition of two domestic logistics assets, IIF Nagoya Logistics Center II in Nagoya-shi, Aichi and IIF Shizuoka Susono Logistics Center in Susono-shi, Shizuoka, funded with cash on hand and paid in a lump sum at delivery (Key Developments).
3487
JP¥146,400.00
CRE Logistics REIT
7D
-1.7%
1Y
-0.4%
3471
JP¥106,900.00
Mitsui Fudosan Logistics Park
7D
-1.4%
1Y
6.9%
8967
JP¥92,000.00
Japan Logistics Fund
7D
0.2%
1Y
-0.1%