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Japanese (NIKKEI) Real Estate Sector Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies174
  • 7D-3.5%
  • 3M-2.5%
  • 1Y-0.6%
  • YTD-1.5%

Over the last 7 days, the Real Estate industry has dropped 3.5%, driven by declines in Mitsubishi Estate and Mitsui Fudosan of 6.5% and 6.0%, respectively. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 6.1% per annum.

Sector Valuation and Performance

Has the Japanese Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022JP¥31.3tJP¥18.8tJP¥1.9t17.3x16.3x1.7x
Wed, 02 Nov 2022JP¥32.1tJP¥18.6tJP¥1.9t17.9x16.7x1.7x
Fri, 30 Sep 2022JP¥31.2tJP¥18.4tJP¥1.9t18.3x16.4x1.7x
Sun, 28 Aug 2022JP¥32.5tJP¥18.4tJP¥1.9t18.6x17.1x1.8x
Tue, 26 Jul 2022JP¥32.1tJP¥18.0tJP¥1.8t18.2x17.9x1.8x
Thu, 23 Jun 2022JP¥31.0tJP¥18.0tJP¥1.8t17.1x17.2x1.7x
Sat, 21 May 2022JP¥31.3tJP¥18.0tJP¥1.8t17.2x17.4x1.7x
Mon, 18 Apr 2022JP¥31.7tJP¥17.5tJP¥1.7t18.3x18.6x1.8x
Wed, 16 Mar 2022JP¥30.0tJP¥17.5tJP¥1.7t17.5x17.5x1.7x
Fri, 11 Feb 2022JP¥31.4tJP¥16.9tJP¥1.7t19.8x18.3x1.9x
Sun, 09 Jan 2022JP¥31.4tJP¥17.1tJP¥1.8t20.1x17.6x1.8x
Tue, 07 Dec 2021JP¥31.5tJP¥17.1tJP¥1.8t20.2x17.7x1.8x
Thu, 04 Nov 2021JP¥33.0tJP¥17.0tJP¥1.7t20.3x19.6x1.9x
Sat, 02 Oct 2021JP¥32.3tJP¥16.9tJP¥1.7t18.9x19.4x1.9x
Mon, 30 Aug 2021JP¥33.1tJP¥16.9tJP¥1.7t19.9x19.9x2x
Tue, 06 Jul 2021JP¥32.9tJP¥16.9tJP¥1.7t19.8x19.7x1.9x
Fri, 09 Apr 2021JP¥31.8tJP¥16.6tJP¥1.6t19.7x20.4x1.9x
Thu, 31 Dec 2020JP¥27.9tJP¥17.0tJP¥1.7t18.3x16.8x1.6x
Sun, 04 Oct 2020JP¥26.0tJP¥16.5tJP¥1.5t17.8x17x1.6x
Wed, 08 Jul 2020JP¥25.1tJP¥16.8tJP¥1.6t16x15.5x1.5x
Tue, 31 Mar 2020JP¥24.1tJP¥17.2tJP¥1.7t14.4x13.8x1.4x
Fri, 03 Jan 2020JP¥32.6tJP¥17.3tJP¥1.7t20.5x19.5x1.9x
Price to Earnings Ratio

19.5x


Total Market Cap: JP¥32.6tTotal Earnings: JP¥1.7tTotal Revenue: JP¥17.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Real Estate Sector Price to Earnings3Y Average 17.7x20212022
Current Industry PE
  • Investors are relatively neutral on the Japanese Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 17.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 2.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Japanese Real Estate sector?

JP Market-3.01%
Real Estate-3.55%
REITS-1.49%
Real Estate-5.64%
Industry PE
  • Investors are most optimistic about the REITS industry, which is trading close to its 3-year average PE ratio of 27.0x.
    • Analysts are expecting annual earnings growth of 2.3%, which is lower than the prior year's growth of 6.2% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 12.9x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 6.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 15% per year.
  • In contrast, the REITS industry is expected to see its earnings grow by 2.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8963 Invincible InvestmentJP¥48.85k4.0%
+JP¥11.6b		28.6%PB1.2x
3281 GLP J-REITJP¥158.40k1.1%
+JP¥8.0b		-12.7%PB1.8x
8985 Japan Hotel REIT InvestmentJP¥75.60k1.9%
+JP¥6.3b		31.3%PB1.5x
3479 TKPJP¥2.62k3.3%
+JP¥3.5b		72.6%PB2.9x
8938 GLOME HoldingsIncJP¥1.33k24.8%
+JP¥2.4b		23.3%PB1.5x
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Latest News

1925

JP¥3,051.00

Daiwa House Industry

7D

-4.5%

1Y

-9.1%

3479

JP¥2,617.00

TKP

7D

3.3%

1Y

72.6%

8938

JP¥1,329.00

GLOME HoldingsInc

7D

24.8%

1Y

23.3%

3283

JP¥332,000.00

Nippon Prologis REIT

7D

-4.2%

1Y

-10.0%

8876

JP¥2,143.00

Relo Group

7D

-7.6%

1Y

4.0%

8963

JP¥48,850.00

Invincible Investment

7D

4.0%

1Y

28.6%

1878

JP¥14,320.00

Daito Trust ConstructionLtd

7D

-8.3%

1Y

12.6%

3003

JP¥1,117.00

Hulic

7D

-3.2%

1Y

1.5%

8929

JP¥1,138.00

Aoyama Zaisan Networks CompanyLimited

7D

3.6%

1Y

-17.5%

8830

JP¥3,473.00

Sumitomo Realty & Development

7D

-5.3%

1Y

-3.6%

8985

JP¥75,600.00

Japan Hotel REIT Investment

7D

1.9%

1Y

31.3%

8802

JP¥1,814.00

Mitsubishi Estate

7D

-6.8%

1Y

13.5%

8801

JP¥2,584.50

Mitsui Fudosan

7D

-5.3%

1Y

5.2%

4781

JP¥1,215.00

Nihon HousingLtd

7D

1.3%

1Y

12.0%

3281

JP¥158,400.00

GLP J-REIT

7D

1.1%

1Y

-12.7%

2991

JP¥1,284.00

LANDNET

7D

11.7%

1Y

-10.2%