New Risk • May 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 17
First half 2026 earnings released: EPS: JP¥4,610 (vs JP¥4,548 in 1H 2025) First half 2026 results: EPS: JP¥4,610 (up from JP¥4,548 in 1H 2025). Revenue: JP¥10.8b (up 15% from 1H 2025). Net income: JP¥4.01b (up 1.0% from 1H 2025). Profit margin: 37% (down from 42% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
Fukuoka REIT Corporation announces Semi-Annual dividend, payable on November 18, 2026 Fukuoka REIT Corporation announced Semi-Annual dividend of JPY 4000.0000 per share payable on November 18, 2026, ex-date on August 28, 2026 and record date on August 31, 2026. Buy Or Sell Opportunity • Mar 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.2% to JP¥170,900. The fair value is estimated to be JP¥218,777, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 8.2%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 9.2% in the next 2 years. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥4,000 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 18 May 2026. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (5.8%). Announcement • Jan 29
Fukuoka REIT Corporation to Report Fiscal Year 2026 Results on Apr 15, 2026 Fukuoka REIT Corporation announced that they will report fiscal year 2026 results on Apr 15, 2026 Declared Dividend • Dec 12
Final dividend of JP¥4,000 announced Shareholders will receive a dividend of JP¥4,000. Ex-date: 26th February 2026 Payment date: 18th May 2026 Dividend yield will be 4.4%, which is lower than the industry average of 4.6%. Announcement • Dec 11
Fukuoka REIT Corporation announces Semi-Annual dividend, payable on May 18, 2026 Fukuoka REIT Corporation announced Semi-Annual dividend of JPY 4000.0000 per share payable on May 18, 2026, ex-date on February 26, 2026 and record date on February 28, 2026. New Risk • Nov 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.2% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. Reported Earnings • Oct 19
Full year 2025 earnings released: FFO per share: JP¥10.5k (vs JP¥5,529 in FY 2024) Full year 2025 results: FFO per share: JP¥10.5k (up from JP¥5,529 in FY 2024). Revenue: JP¥20.2b (up 7.8% from FY 2024). Funds from operations (FFO): JP¥4.57b (up 3.9% from FY 2024). FFO margin: 23% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Oct 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.6% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported February 2025 fiscal period end). Dividend is not well covered by earnings (133% payout ratio). Buy Or Sell Opportunity • Sep 11
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.0% to JP¥182,600. The fair value is estimated to be JP¥151,837, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are forecast to decline by 0.8% per annum over the same time period. Buy Or Sell Opportunity • Aug 16
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to JP¥185,200. The fair value is estimated to be JP¥153,948, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are forecast to decline by 0.8% per annum over the same time period. Announcement • Aug 01
Fukuoka REIT Corporation to Report Fiscal Year 2025 Results on Oct 17, 2025 Fukuoka REIT Corporation announced that they will report fiscal year 2025 results on Oct 17, 2025 Buy Or Sell Opportunity • Jul 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to JP¥177,600. The fair value is estimated to be JP¥147,987, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are forecast to decline by 0.8% per annum over the same time period. New Risk • May 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.6% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (133% payout ratio). Price Target Changed • May 20
Price target increased by 7.0% to JP¥171,500 Up from JP¥160,250, the current price target is an average from 4 analysts. New target price is 5.3% above last closing price of JP¥162,900. Stock is down 1.9% over the past year. The company posted earnings per share of JP¥7,856 last year. Declared Dividend • May 17
First half dividend of JP¥4,100 announced Shareholders will receive a dividend of JP¥4,100. Ex-date: 28th August 2025 Payment date: 18th November 2025 Dividend yield will be 5.0%, which is higher than the industry average of 4.6%. Buy Or Sell Opportunity • May 12
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to JP¥161,600. The fair value is estimated to be JP¥133,392, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period. Announcement • Apr 17
Fukuoka REIT Corporation (TSE:8968) announces an Equity Buyback for 4,000 shares, representing 0.46% for ¥500 million. Fukuoka REIT Corporation (TSE:8968) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 units, representing 0.46% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the program is to enhance unitholder returns by facilitating the increase in the price of dividends per unit and NAV per unit, contributing to medium to long-term improvement of unitholder value. The repurchased shares will be cancelled. The program will be valid till May 31, 2025 or when the maximum total amount of investment units to be acquired or the maximum total investment units to be acquired is reached. As of April 16, 2025, the company had 872,000 units in issue and 0 units in treasury. Announcement • Mar 03
Fukuoka REIT Corporation to Report Fiscal Year 2025 Results on Apr 16, 2025 Fukuoka REIT Corporation announced that they will report fiscal year 2025 results on Apr 16, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥4,037 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 19 May 2025. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (6.4%). Declared Dividend • Dec 28
Final dividend of JP¥3,900 announced Shareholders will receive a dividend of JP¥3,900. Ex-date: 27th February 2025 Payment date: 19th May 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.6%. New Risk • Sep 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% 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: Major Risks Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Announcement • Aug 30
Fukuoka REIT Corporation has filed a Follow-on Equity Offering. Fukuoka REIT Corporation has filed a Follow-on Equity Offering.
Security Name: Units
Security Type: Common Stock
Securities Offered: 72,400
Transaction Features: Subsequent Direct Listing Upcoming Dividend • Aug 22
Upcoming dividend of JP¥3,600 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 18 November 2024. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (6.1%). Reported Earnings • Jun 05
First half 2024 earnings released: FFO per share: JP¥5.5k (vs JP¥5,319 in 1H 2023) First half 2024 results: FFO per share: JP¥5.5k (up from JP¥5,319 in 1H 2023). Revenue: JP¥9.09b (up 1.9% from 1H 2023). Funds from operations (FFO): JP¥4.40b (up 3.9% from 1H 2023). FFO margin: 48% (in line with 1H 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Retail REITs industry in Asia. 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 4% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 18
First half dividend of JP¥3,600 announced Shareholders will receive a dividend of JP¥3,600. Ex-date: 29th August 2024 Payment date: 18th November 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Reported Earnings • Apr 17
First half 2024 earnings released: EPS: JP¥3,807 (vs JP¥3,580 in 1H 2023) First half 2024 results: EPS: JP¥3,807 (up from JP¥3,580 in 1H 2023). Revenue: JP¥9.33b (up 4.5% from 1H 2023). Net income: JP¥3.03b (up 6.3% from 1H 2023). Profit margin: 33% (in line with 1H 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. Announcement • Apr 16
Fukuoka REIT Corporation, Annual General Meeting, May 22, 2024 Fukuoka REIT Corporation, Annual General Meeting, May 22, 2024, at 10:00 Tokyo Standard Time. Location: Grand Hyatt Fukuoka 2F Savoy, 1-2-82 Sumiyoshi, Hakata Ward, Fukuoka City Japan Agenda: To consider the Partial Amendments of Articles of Incorporation; to consider the Election of One Executive Director; to consider the Election of Two Supervisory Directors; to consider the Election of One Substitute Executive Director; to consider the Election of One Substitute Supervisory Director; and to discuss other matters. Announcement • Mar 03
Fukuoka REIT Corporation to Report Fiscal Year 2024 Results on Apr 16, 2024 Fukuoka REIT Corporation announced that they will report fiscal year 2024 results on Apr 16, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥3,755 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 20 May 2024. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (6.2%). Reported Earnings • Dec 01
Full year 2023 earnings released: FFO per share: JP¥10.5 (vs JP¥10,828 in FY 2022) Full year 2023 results: FFO per share: JP¥10.5 (down from JP¥10,828 in FY 2022). Revenue: JP¥17.8b (up 1.6% from FY 2022). Funds from operations (FFO): JP¥8.32b (down 3.5% from FY 2022). FFO margin: 47% (down from 49% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Oct 21
Full year 2023 earnings released Full year 2023 results: Revenue: JP¥18.3b (up 4.8% from FY 2022). Net income: JP¥5.84b (up 3.9% from FY 2022). Profit margin: 32% (in line with FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Retail REITs industry in Asia. Announcement • Sep 04
Fukuoka REIT Corporation to Report Q2, 2024 Results on Oct 18, 2023 Fukuoka REIT Corporation announced that they will report Q2, 2024 results on Oct 18, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,600 per share at 4.3% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 20 November 2023. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (4.6%). Reported Earnings • Jun 04
Full year 2023 earnings released: FFO per share: JP¥5.4k (vs JP¥5,358 in FY 2022) Full year 2023 results: FFO per share: JP¥5.4k (up from JP¥5,358 in FY 2022). Revenue: JP¥17.9b (up 2.6% from FY 2022). Funds from operations (FFO): JP¥4.32b (up 1.2% from FY 2022). FFO margin: 24% (in line with FY 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Reported Earnings • Apr 16
First half 2023 earnings released: EPS: JP¥3,579 (vs JP¥3,536 in 1H 2022) First half 2023 results: EPS: JP¥3,579 (up from JP¥3,536 in 1H 2022). Revenue: JP¥9.04b (up 4.4% from 1H 2022). Net income: JP¥2.85b (up 1.2% from 1H 2022). Profit margin: 32% (down from 33% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Board Change • Mar 28
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 (3 non-independent directors). Supervisory Director Yasuo Kawasho is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥3,520 per share at 4.3% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 18 May 2023. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.0%). Buying Opportunity • Nov 22
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥214,975, 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 2.6%. 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 (3 non-independent directors). Supervisory Director Yasuo Kawasho is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Buying Opportunity • Nov 02
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥214,507, 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 2.6%. Announcement • Aug 25
Fukuoka REIT Corporation to Report First Half, 2023 Results on Oct 19, 2022 Fukuoka REIT Corporation announced that they will report first half, 2023 results on Oct 19, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,500 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 18 November 2022. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.6%). Reported Earnings • Jun 03
Full year 2022 earnings released: FFO: JP¥17.4b per share (vs JP¥10,769 in FY 2021) Full year 2022 results: FFO: JP¥17.4b per share (down from JP¥10,769 in FY 2021). Revenue: JP¥17.4b (flat on FY 2021). Funds from operations (FFO): JP¥4.27b (down 50% from FY 2021). FFO margin: 25% (down from 49% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Board Change • Apr 27
No independent directors There are 3 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: 3 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Executive Director Etsuo Matsuyuki 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 experienced directors. Announcement • Apr 15
Fukuoka REIT Corporation, Annual General Meeting, May 25, 2022 Fukuoka REIT Corporation, Annual General Meeting, May 25, 2022, at 10:00 Tokyo Standard Time. Location: Canal City Business Center BLDG. B1 Meeting Room 1-2-25 Sumiyoshi, Hakata Ward Fukuoka City Japan Agenda: To consider partial amendments of Articles of Incorporation; to consider election of One Executive Director; to consider election of two supervisory directors; to consider election of One Substitute Executive Director; and to consider election of One Substitute Supervisory Director. Reported Earnings • Apr 15
First half 2022 earnings released: EPS: JP¥3,535 (vs JP¥3,361 in 1H 2021) First half 2022 results: EPS: JP¥3,535 (up from JP¥3,361 in 1H 2021). Revenue: JP¥8.66b (down 2.8% from 1H 2021). Net income: JP¥2.81b (up 5.2% from 1H 2021). Profit margin: 33% (up from 30% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥3,500 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 18 May 2022. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.8%). Announcement • Feb 04
Fukuoka REIT Corporation to Report Fiscal Year 2022 Results on Apr 14, 2022 Fukuoka REIT Corporation announced that they will report fiscal year 2022 results on Apr 14, 2022 Reported Earnings • Dec 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: FFO: JP¥17.7b per share (down from JP¥11,095 in FY 2020). Revenue: JP¥17.7b (flat on FY 2020). Funds from operations (FFO): JP¥8.56b (down 3.0% from FY 2020). FFO margin: 49% (down from 50% in FY 2020). Net asset value (NAV) per share: JP¥127,833 (flat on FY 2020). The current share price is 28% higher than NAV per share. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥3,500 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 18 November 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (3.4%). Reported Earnings • Jun 03
First half 2021 earnings released: FFO JP¥5,401 per share (vs JP¥5,727 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: JP¥8.90b (down 2.8% from 1H 2020). Funds from operations (FFO): JP¥4.30b (down 5.7% from 1H 2020). FFO margin: 48% (down from 50% in 1H 2020). 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 2% per year. Announcement • Jun 02
Fukuoka REIT Corporation (TSE:8968) acquired Tenjin Nishi-Dori Business Center from Fukuoka Jisho Co.,Ltd. for ¥7.7 billion. Fukuoka REIT Corporation (TSE:8968) acquired Tenjin Nishi-Dori Business Center from Fukuoka Jisho Co.,Ltd. for ¥7.7 billion on June 1, 2021. Consideration will be paid in lump-sum. Transaction will be funded from proceeds from an asset and cash on hand.
Fukuoka REIT Corporation (TSE:8968) completed the acquisition of Tenjin Nishi-Dori Business Center from Fukuoka Jisho Co.,Ltd. on June 1, 2021. Price Target Changed • May 20
Price target increased to JP¥171,500 Up from JP¥158,750, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥176,900. Stock is up 44% over the past year. Announcement • Apr 28
Fukuoka REIT to Be Deleted from Other OTC Fukuoka REIT Corporation will be deleted from Other OTC effective April 27, 2021. The deletion is due to Inactive Security. Reported Earnings • Apr 17
First half 2021 earnings released: EPS JP¥3,361 (vs JP¥3,642 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: JP¥8.90b (down 2.8% from 1H 2020). Net income: JP¥2.68b (down 7.7% from 1H 2020). Profit margin: 30% (down from 32% in 1H 2020). 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 2% per year. Is New 90 Day High Low • Feb 12
New 90-day high: JP¥171,500 The company is up 29% from its price of JP¥132,500 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 12% over the same period. Announcement • Feb 04
Fukuoka REIT Corporation to Report Fiscal Year 2021 Results on Apr 15, 2021 Fukuoka REIT Corporation announced that they will report fiscal year 2021 results on Apr 15, 2021 Is New 90 Day High Low • Jan 21
New 90-day high: JP¥153,800 The company is up 15% from its price of JP¥133,700 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥152,300 The company is up 12% from its price of JP¥136,200 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥142,500 The company is up 7.0% from its price of JP¥133,800 on 03 September 2020. The Japanese market is up 9.0% 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. Announcement • Sep 09
Fukuoka REIT Corporation to Report Fiscal Year 2020 Results on Oct 16, 2020 Fukuoka REIT Corporation announced that they will report fiscal year 2020 results on Oct 16, 2020 Announcement • Jul 30
Fukuoka REIT Corporation (TSE:8968) completed the acquisition of Real Estate Beneficiary Interest in Higashi Hie Business Center III located in Fukuoka City, Japan from Fukuoka Jisho Co.,Ltd. Fukuoka REIT Corporation (TSE:8968) agreed to acquire Real Estate Beneficiary Interest in Higashi Hie Business Center III located in Fukuoka City, Japan from Fukuoka Jisho Co.,Ltd. for ¥3.3 billion on April 13, 2020. Consideration is payable on completion. Transaction will be funded through cash on hand and loan of ¥3.2 billion from The Bank of Fukuoka, Resona Bank, The Nishi-Nippon City Bank, Resona Bank, The Oita Bank, The Bank of Nagasaki and The Bank of Saga. Completion is scheduled to take place on May 29, 2020.
Fukuoka REIT Corporation (TSE:8968) completed the acquisition of Real Estate Beneficiary Interest in Higashi Hie Business Center III located in Fukuoka City, Japan from Fukuoka Jisho Co.,Ltd. on May 29, 2020. 
