Japan Hotel REIT Investment Corporation (JHR) was established under the Act on Investment Trusts and Investment Corporations. (Act No. 198 of 1951, as amended; hereinafter referred to as the Investment Trusts Act) on November 10, 2005, and was listed on the Real Estate Investment Trust (REIT) section of the Tokyo Stock Exchange on June 14, 2006. JHR entrusts asset management to Japan Hotel REIT Advisors Co., Ltd. (hereinafter referred to as the Asset Management Company). Focusing on importance as social infrastructure and profitability as investment real estate of hotels, JHR primarily invests in real estate which are wholly or partially used as hotels or real estate equivalents of such real estate or related assets that are backed by such real estate or real estate equivalents (hereinafter referred to as Real Estate for Hotels, etc.). JHR, the former Nippon Hotel Fund Investment Corporation, merged with Japan Hotel and Resort, Inc. with an effective date of April 1, 2012 (hereinafter referred to as the Merger), and changed its name to Japan Hotel REIT Investment Corporation. Since the Merger through the end of the fiscal year under review, JHR has carried out eleven public offerings for capital increase and continuously acquired highly competitive hotels in mainly strategic investment areas where domestic and inbound leisure demand can be expected over the medium to long term. By implementing the aforementioned growth strategy, JHR has expanded its asset size while improving the quality of its portfolio through new property acquisitions of 36 properties amounting to 364,727 yen million (acquisition price basis) in total since the Merger through the end of the fiscal year under review. As a result, JHR had a portfolio of 51 properties with a combined acquisition price of 453,171 yen million, and the total number of investment units issued and outstanding stood at 5,097,006 units at the end of the fiscal year under review. Japan Hotel REIT Investment Corporation was incorporated in 2005 in Japan.
Frequently asked questions
What sector does Japan Hotel Reit Investment Corp (8985) operate in?
Japan Hotel Reit Investment Corp belongs to the Real Estate sector and operates in the REIT - Hotel & Motel industry.
What is Japan Hotel Reit Investment Corp (8985) current stock price?
As of the latest data, Japan Hotel Reit Investment Corp stock price is ¥81,100, with a previous close of ¥81,400. Japan Hotel Reit Investment Corp lost -¥300 in the last trading session, representing a -0.37% loss.
What is Japan Hotel Reit Investment Corp (8985) current market capitalization?
Japan Hotel Reit Investment Corp market cap is approximately 478.81 billion.
What is Japan Hotel Reit Investment Corp (8985) Earnings Per Share (EPS)?
The trailing EPS is ¥5,327, and the forward EPS is ¥4,921.
What is Japan Hotel Reit Investment Corp (8985) Price-to-Earnings (P/E) ratio?
Japan Hotel Reit Investment Corp current P/E ratio is 15.23, with a forward P/E of 16.48.
Does Japan Hotel Reit Investment Corp (8985) pay dividends?
Yes. Japan Hotel Reit Investment Corp pays annual dividends with an annualized yield of 6.24% and an estimated annual payout of ¥5,061 per share.
When is the next ex-dividend date for Japan Hotel Reit Investment Corp (8985)?
The next ex-dividend date is scheduled for December 29, 2026.
When is Japan Hotel Reit Investment Corp (8985) next earnings report?
Japan Hotel Reit Investment Corp is expected to release its next earnings report on June 30, 2026.
What is Japan Hotel Reit Investment Corp (8985) beta (volatility) score?
Japan Hotel Reit Investment Corp has a beta of 0.093, indicating lower volatility than the overall market.
