8975.TTokyo
Ichigo Office REIT Investment Corporation
¥85900.00
ListedOct 12, 2005
SectorReal Estate
IndustryREIT — Office
CountryJapan
Employees-
State-| CityTokyo| AddressMarunouchi Park Building 20F| Phone81 3 3502 4891
Ichigo Office REIT Investment Corporation is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential. Ichigo Office seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. Ichigo Office is managed by Ichigo Investment Advisors, the asset management subsidiary of Ichigo, a major Japanese real estate owner/operator. Ichigo Investment Advisors works to grow value on behalf of shareholders by deploying its deep experience and know-how in developing, operating, and managing Japanese real estate. The mid-size offices in which we invest produce stable cashflows, supporting stable dividends for shareholders. Also, this economically-sensitive asset class provides upside for shareholders via the possibility of higher rent income as the Japanese economy shows signs of emerging from multiple decades of deflation. Furthermore, because the market for mid-size offices in Japan is relatively inefficient and has less participation by other major real estate companies, who tend to focus on larger assets, there is a significant opportunity to add value and increase the profitability of the assets we acquire.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
14.2
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Div. Rate
¥4548.00
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Div. Yield
5.23%
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Payout Ratio
100.08%
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Max Consec. Div. Years
16 years
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Longest Consec. Div.
16 years
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Div. Coverage
85%
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Div. Stability Rate
0.17
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Div. Growth Rate
75.00%
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Score
87

Dividend History

Historical dividend payments by ex-dividend date.

Apr 28, 2026
¥ 2274.0000
Oct 30, 2025
¥ 2715.0000
Apr 28, 2025
¥ 3330.0000
Oct 30, 2024
¥ 2692.0000
Apr 26, 2024
¥ 2199.0000
Oct 30, 2023
¥ 2115.0000
Apr 27, 2023
¥ 4224.0000
Oct 28, 2022
¥ 2052.0000
Apr 27, 2022
¥ 2508.0000
Oct 28, 2021
¥ 2185.0000
Apr 28, 2021
¥ 2132.0000
Oct 29, 2020
¥ 2230.0000
Apr 28, 2020
¥ 2163.0000
Oct 30, 2019
¥ 2150.0000
Apr 24, 2019
¥ 2255.0000
Oct 29, 2018
¥ 2014.0000
Apr 25, 2018
¥ 1964.0000
Oct 27, 2017
¥ 1930.0000
Apr 26, 2017
¥ 1923.0000
Oct 27, 2016
¥ 1904.0000
Apr 26, 2016
¥ 1740.0000
Oct 28, 2015
¥ 1706.0000
Apr 27, 2015
¥ 1603.0000
Oct 29, 2014
¥ 1547.0000
Apr 25, 2014
¥ 1541.0000
Oct 29, 2013
¥ 1537.0000
Apr 25, 2013
¥ 1494.0000
Oct 29, 2012
¥ 1387.0000
Apr 25, 2012
¥ 1219.0000
Oct 27, 2011
¥ 1028.5714
Apr 26, 2011
¥ 979.4286
Oct 27, 2010
¥ 858.2143
Apr 27, 2010
¥ 737.7143
Oct 26, 2007
¥ 879.0000
Apr 24, 2007
¥ 1565.5714

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