NIPPON REIT Investment (TSE:3296) Beginning Cash Position: 円16,103 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3296 NIPPON REIT Investment Corp TSE:3296
64 GF Score
Price 円81,600.00
GF Value 円93,812.98
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is NIPPON REIT Investment Beginning Cash Position?

NIPPON REIT Investment TSE:3296 -1.09% 64 Beginning Cash Position is 円16,103 Mil as of Dec. 2025. GuruFocus rates TSE:3296 with a GF Score™ of 64/100 and a GF Value™ of 円93,812.98 (Modestly Undervalued). The stock has 3 warning signs investors should review.

NIPPON REIT Investment's Beginning Cash Position for the quarter that ended in Dec. 2025 was 円16,103 Mil.

NIPPON REIT Investment's quarterly Beginning Cash Position increased from Dec. 2024 (円17,886 Mil) to Jun. 2025 (円21,132 Mil) but then declined from Jun. 2025 (円21,132 Mil) to Dec. 2025 (円16,103 Mil).

NIPPON REIT Investment's annual Beginning Cash Position declined from Dec. 2021 (円32,667 Mil) to Dec. 2022 (円32,601 Mil) but then increased from Dec. 2022 (円32,601 Mil) to Dec. 2023 (円37,471 Mil).


NIPPON REIT Investment Beginning Cash Position Related Terms


NIPPON REIT Investment Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for NIPPON REIT Investment's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NIPPON REIT Investment Beginning Cash Position Chart

NIPPON REIT Investment Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,282.48 30,465.13 32,667.17 32,601.07 37,471.18

NIPPON REIT Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,150.03 16,119.62 17,885.75 21,132.10 16,102.59
TSE:3296
64GF Score
NIPPON REIT Investment Corp TSE:3296
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON REIT Investment Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of 円16,103 Mil mean?
NIPPON REIT Investment (TSE:3296) has a Beginning Cash Position of 円16,103 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NIPPON REIT Investment and its competitors.
Is NIPPON REIT Investment's Beginning Cash Position too high?
NIPPON REIT Investment's current Beginning Cash Position is 円16,103 Mil. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's Beginning Cash Position compare to BXP and ARE?
NIPPON REIT Investment's Beginning Cash Position of 円16,103 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a REITs company?
A good Beginning Cash Position depends on the REITs industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NIPPON REIT Investment and its competitors. NIPPON REIT Investment's current Beginning Cash Position is 円16,103 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円93,812.98, compared to a current price of 円81,600.00 — trading 13% below its estimated fair value. The current Beginning Cash Position is 円16,103 Mil. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For NIPPON REIT Investment (TSE:3296), the current Beginning Cash Position is 円16,103 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NIPPON REIT Investment (TSE:3296) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued. The current stock price of 円81,600.00 is trading 13% below its estimated GF Value™ of 円93,812.98. GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3296:

  • Beginning Cash Position: 円16,103 Mil
  • GF Value™: 円93,812.98 vs. price of 円81,600.00 (13% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIPPON REIT Investment Business Description

Industry Real EstateREITs
Address No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score

Get the complete analysis for TSE:3296

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円81,600.00
Price
円93,812.98
GF Value