# Japan Hotel REIT Investment Corporation (NIPOF)

> Real Estate · JP · Reports in JPY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NIPOF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | ¥ 37.11B | ¥ 20.78B | ¥ 21.10B | ¥ 269.62B | ¥ 293.37B |
| 2024 | ¥ 33.48B | ¥ 18.27B | ¥ -42.50B | ¥ 205.23B | ¥ 283.40B |
| 2023 | ¥ 26.57B | ¥ 13.13B | ¥ -20.85B | ¥ 175.23B | ¥ 244.98B |
| 2022 | ¥ 14.91B | ¥ 2.67B | ¥ 1.41B | ¥ 164.23B | ¥ 223.57B |
| 2021 | ¥ 13.63B | ¥ 1.30B | ¥ 7.99B | ¥ 164.75B | ¥ 221.54B |
| 2020 | ¥ 13.74B | ¥ 1.52B | ¥ 10.73B | ¥ 168.75B | ¥ 221.20B |
| 2019 | ¥ 27.75B | ¥ 6.24B | ¥ -51.54B | ¥ 168.75B | ¥ 236.52B |
| 2018 | ¥ 27.94B | ¥ 16.03B | ¥ 30.60B | ¥ 136.67B | ¥ 203.37B |
| 2017 | ¥ 25.27B | ¥ 13.89B | ¥ 17.62B | ¥ 140.40B | ¥ 201.96B |
| 2016 | ¥ 22.15B | ¥ 12.15B | ¥ 13.72B | ¥ 126.18B | ¥ 181.99B |
| 2015 | ¥ 17.43B | ¥ 9.34B | ¥ 15.94B | ¥ 102.77B | ¥ 129.91B |
| 2014 | ¥ 12.85B | ¥ 5.82B | ¥ 7.62B | ¥ 81.09B | ¥ 100.34B |
| 2013 | ¥ 11.83B | ¥ 3.34B | ¥ -17.32B | ¥ 74.78B | ¥ 89.76B |
| 2012 | ¥ 10.18B | ¥ 26.59B | ¥ 5.87B | ¥ 0 | ¥ 69.01B |
| 2011 | ¥ 2.80B | ¥ 872.45M | ¥ -5.71B | ¥ 21.63B | ¥ 23.66B |
| 2010 | ¥ 2.61B | ¥ 778.32M | ¥ 1.20B | ¥ 18.93B | ¥ 19.95B |
| 2009 | ¥ 2.66B | ¥ 848.32M | ¥ 1.06B | ¥ 19.17B | ¥ 19.85B |
| 2008 | N/A | N/A | N/A | ¥ 19.50B | ¥ 20.08B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.92 |
| Liabilities / Eq | 0.97 |
| Current Ratio | 1.39 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 25.44 |

## Other views

- [Metrics](https://sponda.capital/en/NIPOF.md)
- [Charts](https://sponda.capital/en/NIPOF/charts.md)
- [Compare](https://sponda.capital/en/NIPOF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.