銘柄情報

Ooedo Onsen Reit Investment Corporation

Unique, specific J-REIT investing mainly in hot spring/hot bath facilities. It mainly focuses on investing in the Ooedo Model hot spring/hot bath facilities that are run by Ooedo-Onsen-Monogatari Co., Ltd., and contributes to the revitalization of regional communities and the popularization of the hot spring culture, thereby creating a stable cash flow while aiming for the sustained and stable improvement of investor value. (Excerpt from the website of Ooedo Onsen Reit Investment Corporation)

  • Unit Price and Trading Volume 拡大

  • Unit Yield, Sector Average and Overall Average 拡大

2022/07/20Update

投資指標の計算式について

Investment amount per unit

Unitholders' capital / Number of investment units authorized

NAV per unit

((Unitholders' capital + Investment surplus) + (Portforio assets appraisal value - ortfolio assets book value) / Number of investment units authorized

P/NAV

Investment unit price / NAV per unit

FFO per unit

(Net income + depreciation + profit and loss on real estate) / Number of investment units authorized

P/FFO

Investment unit price / FFO per unit

NOI

Rental business income + depreciation

NOI yield

NOI / Portfolio assets book value

Implied cap rate

NOI / (Market capitalization + (Interest-bearing liabilities - cash on hand and in bank) + Security and guarantee deposits received

Market capitalization

Investment unit price * Number of investment units authorized

LTV

Interest-bearing liabilities / Total assets

DSCR

NOI / (Interest-bearing liabilities at end of previous period - Interest-bearing liabilities at end of current period + current interest expense)

EV / EBITDA

Market capitalization + (Interest-bearing liabilities - cash on hand and in bank) / NOI

Ratio of long-term fixed interest rate

Long-term fixed interest / Interest-bearing liabilities

Corporate Data

Investment Corporation Name Ooedo Onsen Reit Investment Corporation
Abbreviation OOM
Securities code 3472(JPX)
Listing date 2016/08/31
Time elapsed 6.25 year
Closing months May / November
URL http://oom-reit.com/
Unitholders' capital 20,653Million JPY
Number of investment units authorized 235,347Unit
Investment amount per unit 87,756JPY
Rating
Type of assets under management Hotel REIT / Hotels:100%
Management target regions
Tokai:32.6% Shikoku:28.2% Kanto:21.0% Tohoku:6.6% Kinki:6.1% Hokuriku:5.5%
Number of investment properties 13
Number of tenants 2
Total leasable floor space 192,853.58㎡

Investment Index Information

NAV per Unit 111,884JPY
Unit Price / NAV per Unit 0.59
FFO per Unit 3,444JPY
Unit Price / FFO per Unit 19.05
NOI Yield 5.28%
Implied Cap Rate 6.10%
Market capitalization 15,439Million JPY
Acquisition book value 34,449Million JPY
Term-end book value 32,474Million JPY
Appraisal value 37,799Million JPY
Interest-bearing liabilities 11,874Million JPY
LTV 34.16%
EV / EBITDA 14.60
Average maturity of borrowings 0.7year
Ratio of long-term fixed interest rate
Average occupancy rate 100%
Average age of buildings 41.28year

Investment Management Policies

  • ●It mainly focuses on investing in the Ooedo Model hot spring/hot bath facilities that are run by Ooedo-Onsen-Monogatari Co., Ltd.
    ●We believe that Ooedo Model hot spring/hot bath facilities can be expected to provide stable earnings and exhibit sustained growth due to the continuing support of a broad range of customers, mainly seniors.
    ●It makes maximum use of the sponsor support provided by Ooedo-Onsen-Monogatari Co., Ltd., which has developed business know-how which it refers to as the "Ooedo Model", and which is notable in the management of the facilities they own, as a pillar for its growth strategies, while appropriately considering any conflicts of interest.
    ●Through the sponsor support provided by Ooedo-Onsen-Monogatari Co., Ltd. and the long-term securing of the management base of Ooedo-Onsen-Monogatari Co., Ltd. by this REIT, a WIN-WIN relationship will be created between this REIT and Ooedo-Onsen-Monogatari Co., Ltd., with the goal of mutual growth.
    (Excerpt from the website of Ooedo Onsen Reit Investment Corporation)

Other Related Corporations

Asset Manager
Update 2022/07/20 Capital 50Million JPY
Major Shareholders 100% Ooedo-Onsen Monogatari Co., Ltd. Other Shareholders

Account Settlement InformationFY2022-5(Million JPY)

10th 11th 12th
(most recent)
13th forecast 14th forcast
Revised Date Revised Date
Operating revenue 1,348 1,344 1,291 1,256
Operating income 593 589 554 520
Ordinary income 460 393 354 330
Net income 459 392 353 329
Short-term borrowings 10,703 10,540 11,874
Long-term borrowings 3,569 3,530
Investment corporation bonds
Total assets 37,122 36,926 34,760
Net assets 21,092 21,021 20,978
Distribution per unit 1,970
JPY/per Unit
1,686
JPY/per Unit
1,521
JPY/per Unit
1,420
JPY/per Unit

Other Affiliated Companies

Asset custodian Sumitomo Mitsui Trust Bank, Limited Accounting auditor Pricewaterhouse Coopers Arata
Accounting services Heiseikaikeisha(“HSK”) Tax Corporation Unitholders registry administrator Sumitomo Mitsui Trust Bank, Limited
Tax administration services Heiseikaikeisha(“HSK”) Tax Corporation Investment corporation bond administrator
PAGE TOP
* This site has been created merely to provide information to investors, and not to solicit any person to make an investment with us.
* This site has been created using information that we have judged to be reliable, but we shall not guarantee its accuracy and/or integrity.
Note also that the information contained on this site is subject to change or deletion without prior notice.
* Numeric values, graphs, and other information contained on this site are based on past performance and situations, and do not constitute a suggestion or guarantee of any future market environments, investment performance, or so on.
We do not take fees, taxes, or other charges into consideration, and do not indicate any substantial investment performance.
* We shall not accept any responsibility for any damages, whether they be direct or indirect, that may be incurred as a result of the information contained on this site.
* Copyrights and other intellectual property rights to the information contained on this site shall, in principle, belong to us. No information contained on this site may be transferred or reproduced in any way without our consent.