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Tokyo Stock Exchange · Real Estate

Invest in Fukuoka REIT stock from India

Indian and foreign residents can buy Fukuoka REIT (8968) shares directly through Paasa.

By Paasa · Updated

Fukuoka REIT at a glance

Price
¥169,600.00-¥400.00 (0.24%)
Market cap
¥147.89B
Day range
¥168,700.00 – ¥170,300.00
P/E
18.29
Dividend yield
4.81%
Volume
1.48K
1 month
-3.36%
6 months
-0.82%
YTD
-9.88%
1 year
-10.41%
5 years
+1.25%

Live chart and statistics

Fukuoka REIT statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥21.2B¥19.0B¥17.8B¥17.5B¥17.8B
Gross profit¥10.5B¥8.5B¥6.3B¥7.7B¥7.6B
Operating income¥8.9B¥7.1B¥6.6B¥6.4B¥6.3B
Net income¥8.0B¥6.3B¥5.8B¥5.6B¥5.5B
Earnings per share¥9,233.51¥7,855.86¥7,333.06¥7,059.31¥6,899.97
EBITDA¥12.0B¥10.1B¥9.4B¥9.4B¥9.3B
Total assets¥226.8B¥215.1B¥203.9B¥201.2B¥199.8B
Total debt¥96.3B¥96.3B¥86.5B¥83.9B¥82.4B
Cash and short-term investments¥3.1B¥3.9B¥6.3B¥4.2B¥6.9B
Shareholders' equity¥113.4B¥102.2B¥101.9B¥101.7B¥101.8B
Operating cash flow¥8.9B¥8.7B¥8.6B¥7.9B¥10.1B
Free cash flow−¥7.6B−¥7.6B¥3.5B¥1.4B¥492.3M
Capital expenditure−¥16.5B−¥16.2B−¥5.2B−¥6.4B−¥9.6B

Fiscal years as reported, the latest ending 31 Aug 2025. Figures in JPY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
NTT UD REIT Investment8956.T¥125,500.00¥184.26B
Tokyu REIT8957.T¥181,900.00¥174.87B
Heiwa Real Estate REIT8966.T¥129,300.00¥173.72B
Tosei8923.T¥1,750.00¥169.76B
Mitsubishi Estate Logistics REIT Investment3481.T¥110,800.00¥164.54B
Heiwa Real Estate8803.T¥2,320.00¥153.28B
Star Asia Investment3468.T¥54,500.00¥146.44B
NIPPON REIT Investment3296.T¥79,000.00¥144.60B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Fukuoka REIT from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to JPY when you buy.

  3. Step 3

    Search 8968 and buy

    Find Fukuoka REIT by name or by its ticker, 8968, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Fukuoka REIT from India

What Fukuoka REIT does

Fukuoka REIT Corporation, trading under the securities code 8968, stands as Japan's inaugural region-specific Real Estate Investment Trust. Capitalizing on its deep insight into the regional intricacies of real estate – an intrinsically localized industry – Fukuoka REIT strategically oversees an investment portfolio. Fukuoka REIT operates in the REIT - Diversified industry within the Real Estate sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in Japan mean for your Fukuoka REIT shares.

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.

About inheritance tax in Japan

Frequently asked questions

Can I buy Fukuoka REIT stock from India?

Yes. Indian residents and NRIs can buy Fukuoka REIT (8968) shares directly through Paasa. Fukuoka REIT is listed on the Tokyo Stock Exchange, in the REIT - Diversified industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Fukuoka REIT share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥169,600.00 a share, size the order by the lot, not by the share.

How are Fukuoka REIT dividends taxed for Indian investors?

Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Dividends are taxed at your slab rate in India. Fukuoka REIT’s current yield is 4.81%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Fukuoka REIT shares?

Japan generally does not levy capital gains tax on non-resident individual investors. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the JPY/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Fukuoka REIT shares if I pass away?

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. The rule looks at everything you hold there, not at Fukuoka REIT alone.

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