NIPPON REIT Investment Corporation

TSE:3296 Stock Report

Market Cap: JP¥136.9b

NIPPON REIT Investment Past Earnings Performance

Past criteria checks 4/6

NIPPON REIT Investment's earnings have been declining at an average annual rate of -1.6%, while the REITs industry saw earnings growing at 4.5% annually. Revenues have been growing at an average rate of 0.1% per year. NIPPON REIT Investment's return on equity is 6.7%, and it has net margins of 46.8%.

Key information

-1.6%

Earnings growth rate

-1.6%

EPS growth rate

REITs Industry Growth5.9%
Revenue growth rate0.1%
Return on equity6.7%
Net Margin46.8%
Next Earnings Update19 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How NIPPON REIT Investment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:3296 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2418,6948,7571310
31 Mar 2418,1948,2561220
31 Dec 2317,6937,7541310
30 Sep 2317,5547,6501210
30 Jun 2317,4137,5451200
31 Mar 2317,2487,6451190
31 Dec 2217,0837,7451190
30 Sep 2217,8298,5261200
30 Jun 2218,5769,3071200
31 Mar 2219,0149,7511200
31 Dec 2119,45210,1941200
30 Sep 2119,49510,2481190
30 Jun 2119,53810,3021170
31 Mar 2119,1629,9481170
31 Dec 2018,7869,5951160
30 Sep 2018,0398,8731160
30 Jun 2017,2938,1511170
31 Mar 2017,4558,2391190
31 Dec 1917,6178,3261200
30 Sep 1917,5298,2461220
30 Jun 1917,4428,1661240
31 Mar 1916,5637,6681260
31 Dec 1815,6847,1691280
30 Sep 1815,2327,0531290
30 Jun 1814,7796,9371300
31 Mar 1814,6406,8821320
31 Dec 1714,5016,8261330
30 Sep 1714,1426,5501330
30 Jun 1713,7846,2731340
31 Mar 1713,6146,1361330
31 Dec 1613,4445,9991320
30 Sep 1613,3675,9561280
30 Jun 1613,2905,9131240
31 Dec 1513,3645,9361340
30 Jun 157,0063,154670
31 Dec 144,8162,154520
30 Jun 141,890182300

Quality Earnings: 3296 has high quality earnings.

Growing Profit Margin: 3296's current net profit margins (46.8%) are higher than last year (43.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3296's earnings have declined by 1.6% per year over the past 5 years.

Accelerating Growth: 3296's earnings growth over the past year (16.1%) exceeds its 5-year average (-1.6% per year).

Earnings vs Industry: 3296 earnings growth over the past year (16.1%) exceeded the REITs industry 3.9%.

Return on Equity

High ROE: 3296's Return on Equity (6.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 18:35
End of Day Share Price 2025/01/08 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NIPPON REIT Investment Corporation is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takumi AkiyamaDaiwa Securities Co. Ltd.
null nullDaiwa Securities Co. Ltd.
Yasuhiro IshiiMitsubishi UFJ Morgan Stanley Securities Company Limited