NIPPON REIT Investment (TSE:3296) Total Payout Ratio: 0.67 (As of Sep. 03, 2026)

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TSE:3296 NIPPON REIT Investment Corp TSE:3296
64 GF Score
Price 円81,900.00
GF Value 円91,907.16
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is NIPPON REIT Investment Total Payout Ratio?

NIPPON REIT Investment TSE:3296 -0.49% 64 Total Payout Ratio is 0.67 as of Sep. 03, 2026. GuruFocus rates TSE:3296 with a GF Score™ of 64/100 and a GF Value™ of 円91,907.16 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

NIPPON REIT Investment's current Total Payout Ratio is 0.67.


NIPPON REIT Investment Total Payout Ratio Related Terms


NIPPON REIT Investment Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for NIPPON REIT Investment's Total 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.

NIPPON REIT Investment Total Payout Ratio Chart

NIPPON REIT Investment Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.85 1.00 1.19 0.97

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
Total 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 0.94 0.83 1.39 0.72 0.62

TSE:3296 vs BXP, ARE, VNO: Total Payout Ratio Comparison

For the REIT - Office subindustry, NIPPON REIT Investment's Total Payout Ratio, along with its competitors' market caps and Total 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.


NIPPON REIT Investment Total Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, NIPPON REIT Investment's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where NIPPON REIT Investment's Total Payout Ratio falls into.


TSE:3296
64GF Score
NIPPON REIT Investment Corp TSE:3296
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON REIT Investment Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

NIPPON REIT Investment's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -7532.092) / 7757.217
=0.97

NIPPON REIT Investment's Total Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -4137.495) / 6651.405
=0.62

* 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 Total Payout Ratio →
What does a Total Payout Ratio of 0.67 mean?
NIPPON REIT Investment (TSE:3296) has a Total Payout Ratio of 0.67 as of Sep. 03, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on NIPPON REIT Investment and its competitors.
Is NIPPON REIT Investment's Total Payout Ratio too high?
NIPPON REIT Investment's current Total Payout Ratio is 0.67. 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 Total Payout Ratio compare to BXP and ARE?
NIPPON REIT Investment's Total Payout Ratio of 0.67 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 Total Payout Ratio for a REITs company?
A good Total Payout Ratio depends on the REITs industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on NIPPON REIT Investment and its competitors. NIPPON REIT Investment's current Total Payout Ratio is 0.67. 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91,907.16, compared to a current price of 円81,900.00 — trading 10.9% below its estimated fair value. The current Total Payout Ratio is 0.67. 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 Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For NIPPON REIT Investment (TSE:3296), the current Total Payout Ratio is 0.67 as of Sep. 03, 2026. 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81,900.00 is trading 10.9% below its estimated GF Value™ of 円91,907.16. GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3296:

  • Total Payout Ratio: 0.67
  • GF Value™: 円91,907.16 vs. price of 円81,900.00 (10.9% 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

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

円81,900.00
Price
円91,907.16
GF Value