Upcoming Dividend • 3h
Upcoming dividend of JP¥2,365 per share Eligible shareholders must have bought the stock before 30 July 2026. Payment date: 07 October 2026. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.6%). Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director Seiichi Suzuki was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 18
Japan Logistics Fund, Inc. announces Semi-Annual dividend, payable on October 07, 2026 Japan Logistics Fund, Inc. announced Semi-Annual dividend of JPY 2150.0000 per share payable on October 07, 2026, ex-date on July 30, 2026 and record date on July 31, 2026. Announcement • Jan 06
Japan Logistics Fund, Inc. to Report Fiscal Year 2026 Results on Mar 17, 2026 Japan Logistics Fund, Inc. announced that they will report fiscal year 2026 results on Mar 17, 2026 Announcement • Nov 13
Japan Logistics Fund, Inc. announces Semi-Annual dividend, payable on April 07, 2026 Japan Logistics Fund, Inc. announced Semi-Annual dividend of JPY 2150.0000 per share payable on April 07, 2026, ex-date on January 29, 2026 and record date on January 31, 2026. Announcement • Sep 12
Japan Logistics Fund, Inc. (TSE:8967) announces an Equity Buyback for 44,000 shares, representing 1.6% for ¥4,000 million. Japan Logistics Fund, Inc. (TSE:8967) announces a share repurchase program. Under the program, the company will repurchase 44,000 investment units, representing 1.6% of the outstanding investment units, for ¥4,000 million. The purpose of the program is to improve cost of capital and increase unitholder value over the medium to long-term. The repurchased shares will be cancelled. The program will run until December 30, 2025. As of September 12, 2025, the company had 2,746,163 outstanding investment units and 0 units in treasury. Announcement • Jul 03
Japan Logistics Fund, Inc. to Report Q2, 2026 Results on Sep 12, 2025 Japan Logistics Fund, Inc. announced that they will report Q2, 2026 results on Sep 12, 2025 Announcement • Mar 13
Japan Logistics Fund, Inc. announces Semi-Annual dividend, payable on October 07, 2025 Japan Logistics Fund, Inc. announced Semi-Annual dividend of JPY 2150.0000 per share payable on October 07, 2025, ex-date on July 30, 2025 and record date on July 31, 2025. Reported Earnings • Sep 13
First half 2025 earnings released: EPS: JP¥5,716 (vs JP¥5,151 in 1H 2024) First half 2025 results: EPS: JP¥5,716 (up from JP¥5,151 in 1H 2024). Revenue: JP¥10.0b (down 1.0% from 1H 2024). Net income: JP¥5.32b (up 11% from 1H 2024). Profit margin: 53% (up from 47% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.5% growth forecast for the Industrial REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥5,300 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 07 October 2024. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.8%). Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: JP¥10,360 (vs JP¥10,207 in FY 2023) Full year 2024 results: EPS: JP¥10,360 (up from JP¥10,207 in FY 2023). Revenue: JP¥20.2b (up 2.4% from FY 2023). Net income: JP¥9.67b (up 1.6% from FY 2023). Profit margin: 48% (in line with FY 2023). Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Industrial REITs industry in Europe are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Declared Dividend • Mar 18
First half dividend of JP¥5,300 announced Shareholders will receive a dividend of JP¥5,300. Ex-date: 30th July 2024 Payment date: 7th October 2024 Dividend yield will be 335%, which is higher than the industry average of 3.8%. Upcoming Dividend • Jan 23
Upcoming dividend of JP¥5,170 per share at 3.6% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 08 April 2024. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.1%). Announcement • Nov 25
Japan Logistics Fund, Inc. (TSE:8967) announces an Equity Buyback for 3,300 shares, representing 0.35% for ¥1,000 million. Japan Logistics Fund, Inc. (TSE:8967) announces a share repurchase program. Under the program, the company will repurchase 3,300 investment units, representing 0.35% of the outstanding investment units, for ¥1,000 million. The purpose of the program is to as part of company's capital policy to increase distributions per unit (DPU), return to its unitholders and improve its capital cost. The program will run until January 12, 2024. As of November 22, 2023, the company had 934,000 outstanding investment units and 0 units in treasury. Reported Earnings • Nov 05
Full year 2023 earnings released: EPS: JP¥10,300 (vs JP¥9,942 in FY 2022) Full year 2023 results: EPS: JP¥10,300 (up from JP¥9,942 in FY 2022). Revenue: JP¥20.3b (up 5.5% from FY 2022). Net income: JP¥9.62b (up 4.0% from FY 2022). Profit margin: 47% (in line with FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Industrial REITs industry in Europe. Announcement • Sep 13
Japan Logistics Fund, Inc. Announces Board Changes Japan Logistics Fund, Inc. announced that Ryota Sekiguchi, JLF's current Executive Director, will resign after the 14th General Unitholders' Meeting. The expiration of the term of office of Yumiko Kikuchi (Note 3), Tsuyoshi Oyama, Motomi Oi and Kanae Kamoshita, JLF's current four Supervisory Directors, is different from the expiration of the term of office of the new Executive Director. To make the expiration dates consistent, they will temporarily resign after the 14th General Unitholders' Meeting, and the Board of Directors will appoint four Supervisory Directors (Yumiko Kikuchi, Tsuyoshi Oyama, Motomi Oi and Kanae Kamoshita, JLF's current Supervisory Directors). Upcoming Dividend • Jul 21
Upcoming dividend of JP¥5,130 per share at 3.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 06 October 2023. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%). Announcement • Jun 06
Japan Logistics Fund, Inc., Annual General Meeting, Jun 22, 2023 Japan Logistics Fund, Inc., Annual General Meeting, Jun 22, 2023. Agenda: To approve the Resigning corporate auditor; to approve the Newly appointed corporate auditor. Upcoming Dividend • Jan 23
Upcoming dividend of JP¥5,190 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 06 April 2023. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.9%). Board Change • Nov 16
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). President & Executive Director Naohiro Kameoka is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Sep 23
Japan Logistics Fund, Inc. Announces Notice Concerning Personnel Changes Japan Logistics Fund Inc. (hereafter referred to as "JLF") announced the following personnel changes of Mitsui & Co., Logistics Partners Ltd. (hereinafter referred to as "MLP"), the asset management company of JLF. Moreover, MLP has decided to make a vote on the appointment of the new director at the General Shareholders' Meeting of MLP scheduled to be held on September 30, 2022. 1. Resigning director (effective date: September 30, 2022) Director, Yasushi Ogaku2. Newly appointed director (effective date: October 1, 2022) Director, Satoshi Kikkawa (Post-appointment title: chief Investment Officer, Managing Director of Investment Dept. and Asset Management Dept.). Reported Earnings • Sep 15
First half 2023 earnings released: EPS: JP¥4,972 (vs JP¥4,324 in 1H 2022) First half 2023 results: EPS: JP¥4,972 (up from JP¥4,324 in 1H 2022). Revenue: JP¥9.61b (up 5.4% from 1H 2022). Net income: JP¥4.63b (up 18% from 1H 2022). Profit margin: 48% (up from 43% in 1H 2022). The increase in margin was primarily driven by higher revenue. Announcement • Aug 03
Japan Logistics Fund, Inc. (TSE:8967) acquired Urayasu Logistics Center for JPY 8,745 million. Japan Logistics Fund, Inc. (TSE:8967) acquired Urayasu Logistics Center for JPY 8,745 million on August 1, 2022.
Japan Logistics Fund, Inc. (TSE:8967) completed the acquisition of Urayasu Logistics Center on August 1, 2022. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥4,920 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 06 October 2022. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.7%). Board Change • Apr 28
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). Supervisory Director Toshima Araki is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 18
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥9,195 (down from JP¥15,328 in FY 2021). Revenue: JP¥18.4b (down 24% from FY 2021). Net income: JP¥8.32b (down 40% from FY 2021). Profit margin: 45% (down from 58% in FY 2021). The decrease in margin was driven by lower revenue. Net asset value (NAV) per share: €1,128 (flat on FY 2021). The current share price is 96% higher than NAV per share. Revenue was in line with analyst estimates. Upcoming Dividend • Jan 21
Upcoming dividend of JP¥4,850 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 08 April 2022. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Sep 16
First half 2022 earnings released: EPS JP¥4,324 (vs JP¥10,776 in 1H 2021) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2022 results: Revenue: JP¥9.12b (down 39% from 1H 2021). Net income: JP¥3.91b (down 60% from 1H 2021). Profit margin: 43% (down from 65% in 1H 2021). Announcement • Sep 15
Japan Logistics Fund, Inc. Provides Earnings Guidance for the Period from August 1, 2021 to January 31, 2022 and Fiscal Period from February 1, 2022 to July 31, 2022 Japan Logistics Fund, Inc. provided earnings guidance for the period from August 1, 2021 to January 31, 2022 and Fiscal Period from February 1, 2022 to July 31, 2022. For the period ending January 31, 2022, the company expected operating revenue to be JPY 9,245 million, operating income to be JPY 4,799 million, and Net income to be JPY 4,390 million.
For the period ending July 31, 2022, the company expected operating revenue to be JPY 9,274 million, operating income to be JPY 4,817 million, and net income to be JPY 4,407 million. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥4,800 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 06 October 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (3.0%). Reported Earnings • Mar 20
Full year 2021 earnings released: EPS JP¥15,328 (vs JP¥9,734 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥24.1b (up 29% from FY 2020). Net income: JP¥13.9b (up 57% from FY 2020). Profit margin: 58% (up from 47% in FY 2020). The increase in margin was driven by higher revenue. Net asset value (NAV) per share: €1,150 (flat on FY 2020). The current share price is 100% higher than NAV per share. Announcement • Jan 27
Japan Logistics Fund, Inc. to Report Fiscal Year 2021 Results on Mar 17, 2021 Japan Logistics Fund, Inc. announced that they will report fiscal year 2021 results on Mar 17, 2021 
