Mitsui Fudosan Retail Fund Investment (TSE:8964) Dividend Payout Ratio: 1.01 (As of Dec. 2025) — Near Median

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TSE:8964 Mitsui Fudosan Retail Fund Investment Corp TSE:8964
60 GF Score
Price 円82,000.00
GF Value 円90,311.48
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio?

Mitsui Fudosan Retail Fund Investment TSE:8964 -3.19% 60 Dividend Payout Ratio is 1.01 as of Dec. 2025, which is 1% above its 10-year median of 1.00. GuruFocus rates TSE:8964 with a GF Score™ of 60/100 and a GF Value™ of 円90,311.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 704 REITs companies, Mitsui Fudosan Retail Fund Investment ranks worse than 53.55% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.01.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mitsui Fudosan Retail Fund Investment Corp is 1.01, which seems too high.

The historical rank and industry rank for Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio or its related term are showing as below:

TSE:8964' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1   Max: 1.04
Current: 1.01

During the past 13 years, the highest Dividend Payout Ratio of Mitsui Fudosan Retail Fund Investment was 1.04. The lowest was 0.92. And the median was 1.00.

TSE:8964's Dividend Payout Ratio is ranked worse than
53.55% of 704 companies
in the REITs industry
Industry Median: 0.99 vs TSE:8964: 1.01

As of today (2026-08-03), the Dividend Yield % of Mitsui Fudosan Retail Fund Investment is 5.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mitsui Fudosan Retail Fund Investment was 8.58%. The lowest was 3.48%. And the median was 4.57%.

Mitsui Fudosan Retail Fund Investment's Dividends per Share for the months ended in Dec. 2025 was 円2,200.00.

During the past 12 months, Mitsui Fudosan Retail Fund Investment's average Dividends Per Share Growth Rate was -0.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mitsui Fudosan Retail Fund Investment was 2.40% per year. The lowest was -0.40% per year. And the median was 1.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Mitsui Fudosan Retail Fund Investment (TSE:8964) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio Related Terms

Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio 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.

Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio Chart

Mitsui Fudosan Retail Fund Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.00 0.99 0.92 1.01

Mitsui Fudosan Retail Fund Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio 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 1.00 0.93 0.92 1.01 1.01

TSE:8964 vs SPG, O, KIM: Dividend Payout Ratio Comparison

For the REIT - Retail subindustry, Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio falls into.


TSE:8964
60GF Score
Mitsui Fudosan Retail Fund Investment Corp TSE:8964
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan Retail Fund Investment Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=4400/ 4358.202
=1.01

Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=2200/ 2183.826
=1.01

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.01 mean?
Mitsui Fudosan Retail Fund Investment (TSE:8964) has a Dividend Payout Ratio of 1.01 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors. This is near median its historical median of 1.00. Over the past decade, Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio has ranged from 0.92 to 1.04. According to the industry distribution chart, Mitsui Fudosan Retail Fund Investment ranks #377 out of 704 companies in the REITs industry, placing it in the top 53.6%.
Is Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio too high?
Mitsui Fudosan Retail Fund Investment's current Dividend Payout Ratio of 1.01 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.04. The REITs industry median Dividend Payout Ratio is 0.99. Mitsui Fudosan Retail Fund Investment's value of 1.01 is 2% above this industry median. Based on the distribution chart, Mitsui Fudosan Retail Fund Investment ranks #377 out of 704 companies in the REITs industry, which is below the industry midpoint. Overall, Mitsui Fudosan Retail Fund Investment has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Retail Fund Investment's Dividend Payout Ratio compare to SPG and O?
According to the REITs industry distribution chart, Mitsui Fudosan Retail Fund Investment ranks #377 out of 704 companies for Dividend Payout Ratio. This places Mitsui Fudosan Retail Fund Investment in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Mitsui Fudosan Retail Fund Investment's value of 1.01 is 2% above this benchmark. Historically, Mitsui Fudosan Retail Fund Investment's own Dividend Payout Ratio has ranged from 0.92 to 1.04 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.99, Mitsui Fudosan Retail Fund Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 704 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsui Fudosan Retail Fund Investment's current Dividend Payout Ratio of 1.01 is 2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Fudosan Retail Fund Investment's current Dividend Payout Ratio is 1.01, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Retail Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment (TSE:8964) is currently considered Fairly Valued. The stock's GF Value™ is 円90,311.48, compared to a current price of 円82,000.00 — trading 9.2% below its estimated fair value. The current Dividend Payout Ratio is 1.01, which is near median its 10-year median of 1.00 and 2% above the REITs industry median of 0.99. Mitsui Fudosan Retail Fund Investment's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Mitsui Fudosan Retail Fund Investment (TSE:8964), the current Dividend Payout Ratio is 1.01 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 Mitsui Fudosan Retail Fund Investment (TSE:8964) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued. The current stock price of 円82,000.00 is trading 9.2% below its estimated GF Value™ of 円90,311.48. GuruFocus considers Mitsui Fudosan Retail Fund Investment to be Fairly Valued.

Key valuation signals for TSE:8964:

  • Dividend Payout Ratio: 1.01 (near median its 10-year median of 1.00)
  • GF Value™: 円90,311.48 vs. price of 円82,000.00 (9.2% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 2% above the REITs median (#377 of 704)

No single metric tells the full story. See the TSE:8964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitsui Fudosan Retail Fund Investment Business Description

Industry Real EstateREITs
Address Kojun Building, 6th Floor, 6-8-7 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
60GF Score

Get the complete analysis for TSE:8964

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円82,000.00
Price
円90,311.48
GF Value