profit from every ¥100 of sales.
¥0¥100
Nippon Building Fund
¥117,900.00-0.76% today
-20.8% in 1 year
1-year low ¥115,600.001-year high ¥149,400.00
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay ¥24.26 for every ¥1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Nippon Building Fund sold, what it kept, and what it did with the cash.
Sales went from ¥99.6 billion in 2022 to ¥99.8 billion in 2025, with ¥42.8 billion of profit last year.
SalesProfit
Nippon Building Fund vs. similar companies
Nippon Building Fund grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from ¥100 of sales | Sales growth a year | Price per ¥1 of profit |
|---|---|---|---|
| Nippon Building Fund | 24.3× · Fair price | ||
 BXP | 41.4× · Expensive | ||
 MERLIN Properties SOCIMI | 9.4× · Cheap | ||
 Alexandria Real Estate Equities | No profit yet | ||
 Vornado Realty | 7.9× · Cheap |
AI analysis
An AI analyst reads Nippon Building Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of JPY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 99,583 | 94,380 | 101,065 | 99,766 | |
| 52,710 | 45,600 | 53,099 | 50,648 | |
| 48,404 | 41,408 | 48,713 | 46,291 | |
| 63,895 | 57,160 | 64,401 | 61,729 | |
| 45,729 | 38,849 | 46,011 | 42,846 | |
| 5,384.28 | 4,567.81 | 5,409.90 | 4,994.48 | |
| 52.9% | 48.3% | 52.5% | 50.8% | |
| 48.6% | 43.9% | 48.2% | 46.4% | |
| 45.9% | 41.2% | 45.5% | 42.9% |
Balance sheet
| In millions of JPY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,368,739 | 1,385,619 | 1,382,958 | 1,448,831 |
| Cash | 11,478 | 14,185 | 21,348 | 23,912 |
| Total debt | 577,500 | 592,500 | 586,300 | 628,000 |
| Total liabilities | 662,218 | 679,372 | 672,514 | 719,649 |
| 706,521 | 706,247 | 710,444 | 729,182 | |
| 8 | 9 | 9 | 9 | |
| 2.6% | 2.2% | 2.6% | 2.4% | |
| 6.5% | 5.5% | 6.5% | 5.9% |
Cash flow
| In millions of JPY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 82,847 | 83,844 | 109,182 | 87,625 | |
| 108,140 | 57,516 | 53,717 | 105,676 | |
| -25,292 | 26,327 | 55,465 | -18,051 | |
| Dividends paid | 42,497 | 39,123 | 41,809 | 42,156 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 24.3×
- –
- –
- 1.5×
- 10.4×
- –
- 26.6×
- -1.7%
- 4.1%
- 4.1%
Profitability
- 50.8%
- 46.4%
- 42.9%
- –
- 2.4%
- 2.5%
- –
- –
- –
- –
Growth
- +0.1%
- −2.5%
- –
- –
- +0.3%
Financial health
- 9.8×
- 0.86
- –
- 13.8×
- 0.35
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 23%of 746
Top 43%of 752
Bottom 30%of 666
Bottom 19%of 762
Bottom 13%of 763
4.1%of the share price, paid each year
On $1,000 invested$41a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
98.4% of its profit
Room to growStretchedMore than it earnsNews
Nippon Steel Corporation reports 1H resultsSeeking Alpha · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Nippon Building Fund
Is Nippon Building Fund a good stock to buy?
A business with weak numbers at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nippon Building Fund AI analysis
What does Nippon Building Fund do?
Nippon Building Fund Inc. is an investment corporation under the Law Concerning Investment Trusts and Investment Corporations of Japan. It is in REIT - Office, based in Tokyo, Japan.
Does Nippon Building Fund pay a dividend?
Yes. At today's price the dividend is 4.1% a year, about 98% of its yearly profit. In 2025 it paid out ¥42.2 billion in dividends.
Is Nippon Building Fund stock halal?
No. Nippon Building Fund does not pass our halal screen: its debt is 60% of its market value, at or above the 33% limit. How we check
How has Nippon Building Fund stock done over the past year?
Down 20.8% over the past twelve months, to ¥117,900.00. It traded between ¥115,600.00 and ¥149,400.00 and is 21.1% below its high.
Who are Nippon Building Fund's competitors?
The largest listed companies in the same industry are BXP, MERLIN Properties SOCIMI, Alexandria Real Estate Equities and Vornado Realty. The peers table on this page compares their profit, growth and price with Nippon Building Fund's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.