Composite setup radar
33
Risk-first tape
JPX Equity Snapshot
8951 Weekly Equity Report
Nippon Building Fund Inc.
Latest Close
123,600 JPY
12 Jun 2026
1W Return
3.5%
latest completed week
4W Return
-1.9%
short-term follow-through
12W Return
-13.0%
quarterly tape
Trend Breadth
76.9%
40 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
Company Brief
What the company does
Nippon Building Fund Inc. is an investment corporation under the Law Concerning Investment Trusts and Investment Corporations of Japan. With Mitsui Fudosan Co., Ltd., Sumitomo Mitsui Trust Bank, Limited. and Nippon Building Fund Management Ltd, (hereinafter NBFM) acting as sponsors. Registration with the Kanto Local Finance Bureau of the Ministry of Finance was completed on May 10, 2001 and NBF started acquisition of office properties on May 23, 2001. NBF is an externally managed real estate fund, formed as an investment corporation. NBFM, as NBF's asset management company, is engaged in acquiring, managing, leasing, and …
Snapshot
What the weekly tape is saying
8951 closed the latest completed week at 123,600 JPY. The 4-week return is -1.9% and the 12-week return is -13.0%. Trend Signal is inactive, Market Dynamics is -1.25. Setup signature: Risk-first tape with a 33/100 composite read.
Trend Signal
Inactive
Market Dynamics
No fresh buy
Price vs Trend
-10.5%
Volume
1.1x
Setup Cockpit
A compressed read of the whole setup
The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.
Scoreboard
Trend
42
Persistence of active Trend Signal over the last year and current streak.
Momentum
34
Blend of 4-week and 12-week follow-through.
Dynamics
29
Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength
0
Relative leadership and short-term RS change.
Volume
47
Participation compared with the 13-week volume baseline.
Risk Control
48
Drawdown and recent weekly volatility pressure.
16-week signal tape
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
Weekly return bar
Trend Signal dot
Positive Market Dynamics dot
Price Action
Price, Trend Line, and Fair Value
Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.
52-week price path
Price
Trend Line
Fair Value
Price map
- Trend Line
- 138,169 JPY
- Vs Trend Line
- -10.5%
- Fair Value
- 122,622 JPY
- Vs Fair Value
- 0.8%
- 52W High
- 152,300 JPY
- 52W Low
- 119,000 JPY
- Drawdown
- -18.8%
- Range Position
- 13.8%
Momentum
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 0 weeks
- 52W Active Weeks
- 40
- 52W Active Breadth
- 76.9%
- Sector Scope
- JP Real Estate
- Sector Rank
- 16 of 192
- Sector Percentile
- 92.1%
Peer Context
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
JP Real Estate
- Tracked Peers
- 100
- 4W Rank
- 44 of 100
- Avg 1W
- 2.1%
- Avg 4W
- -2.3%
- Trend Breadth
- 14.0%
- Positive MD
- 8.0%
JP Reit - Office
- Tracked Peers
- 12
- 4W Rank
- 6 of 12
- Avg 1W
- 2.8%
- Avg 4W
- -2.1%
- Trend Breadth
- 0.0%
- Positive RS
- 0.0%
Market Dynamics
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Market Dynamics
Relative Strength
Signal state
- Market Dynamics
- -1.25
- 4W MD Change
- 20.5%
- Relative Strength
- -32.07
- 4W RS Change
- -12.3%
- Expectation
- Undecided
- Probability
- 47.79%
Volume
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 169.2K
- 13W Average
- 150.4K
- 52W Average
- 117.8K
- Vs 13W
- 1.1x
- Vs 52W
- 1.4x
Risk Anatomy
Volatility, downside weeks, and return shape
A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.
26-week return distribution
Risk map
- 13W Volatility
- 2.7%
- 52W Volatility
- 2.2%
- Upside Weeks
- 29
- Downside Weeks
- 23
- Downside Breadth
- 44.2%
- Avg Gain / Loss
- 1.4% / -1.9%
Context
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- JPX
- Country
- JP
- Sector
- Real Estate
- Industry
- Reit - Office
- Currency
- JPY
- Market Cap
- 1119.5B
Opportunity signals
- Price is above Fair Value, showing premium demand versus the model.
- Latest weekly return ranks in the strongest part of its sector group.
Risk signals
- Trend Signal is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Market Dynamics is negative, which weakens the current setup.
Watch next
- Trend Line remains the key weekly regime level.
- Market Dynamics is the pressure gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 123,600 JPY | 3.5% | 138,169 JPY | 122,622 JPY | -1.25 | -32.07 | 169.2K | Off |
| 5 Jun 2026 | 119,400 JPY | -6.3% | 138,849 JPY | 122,473 JPY | -1.28 | -35.63 | 202.3K | Off |
| 29 May 2026 | 127,400 JPY | 4.6% | 139,607 JPY | 122,354 JPY | -1.39 | -31.82 | 242.6K | Off |
| 22 May 2026 | 121,800 JPY | -3.3% | 140,020 JPY | 122,170 JPY | -1.51 | -32.40 | 185.1K | Off |
| 15 May 2026 | 126,000 JPY | -2.2% | 140,570 JPY | 122,005 JPY | -1.57 | -28.57 | 163.9K | Off |
| 8 May 2026 | 128,800 JPY | -1.7% | 140,954 JPY | 121,824 JPY | -1.64 | -29.14 | 90.3K | Off |
| 1 May 2026 | 131,000 JPY | -1.6% | 141,182 JPY | 121,622 JPY | -1.62 | -24.74 | 126.0K | Off |
| 24 Apr 2026 | 133,100 JPY | -1.6% | 141,357 JPY | 121,421 JPY | -1.57 | -24.45 | 125.7K | Off |
| 17 Apr 2026 | 135,200 JPY | -1.3% | 141,596 JPY | 121,218 JPY | -1.51 | -22.32 | 131.2K | Off |
| 10 Apr 2026 | 137,000 JPY | 0.7% | 141,723 JPY | 120,986 JPY | -1.45 | -19.86 | 91.1K | Off |
| 3 Apr 2026 | 136,100 JPY | -0.5% | 141,851 JPY | 120,737 JPY | -1.20 | -15.46 | 160.5K | Off |
| 27 Mar 2026 | 136,800 JPY | -3.7% | 141,915 JPY | 120,498 JPY | -0.96 | -16.01 | 173.1K | Off |
| 20 Mar 2026 | 142,100 JPY | -1.3% | 142,015 JPY | 120,250 JPY | -0.81 | -13.22 | 93.6K | On |
| 13 Mar 2026 | 143,900 JPY | 0.2% | 142,006 JPY | 119,967 JPY | -0.71 | -13.19 | 114.9K | On |