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Nippon Building Fund (TSE:8951) 5-Year ROIIC % : 2.68% (As of Dec. 2023)


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What is Nippon Building Fund 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Nippon Building Fund's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 2.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nippon Building Fund's 5-Year ROIIC % or its related term are showing as below:

TSE:8951's 5-Year ROIIC % is ranked worse than
60.03% of 598 companies
in the REITs industry
Industry Median: 3.635 vs TSE:8951: 2.68

Nippon Building Fund 5-Year ROIIC % Historical Data

The historical data trend for Nippon Building Fund's 5-Year ROIIC % 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.

* Premium members only.

Nippon Building Fund 5-Year ROIIC % Chart

Nippon Building Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.56 - 6.59 4.39 2.68

Nippon Building Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-Year ROIIC % 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 6.59 - 4.39 - 2.68

Competitive Comparison of Nippon Building Fund's 5-Year ROIIC %

For the REIT - Office subindustry, Nippon Building Fund's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 Building Fund's 5-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Building Fund's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nippon Building Fund's 5-Year ROIIC % falls into.



Nippon Building Fund 5-Year ROIIC % Calculation

Nippon Building Fund's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 41414 (Dec. 2023) - 31803.1853634 (Dec. 2018) )/( 1428361 (Dec. 2023) - 1070172.485 (Dec. 2018) )
=9610.8146366/358188.515
=2.68%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Nippon Building Fund  (TSE:8951) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Nippon Building Fund 5-Year ROIIC % Related Terms

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Nippon Building Fund (TSE:8951) Business Description

Traded in Other Exchanges
N/A
Address
38th Floor, GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6738
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.

Nippon Building Fund (TSE:8951) Headlines

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