Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Real Estate Sector Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies164
  • 7D-2.2%
  • 3M6.0%
  • 1Y20.4%
  • YTD19.7%

The Real Estate industry is down 2.2% over the last week with Mitsui Fudosan the worst performer, down 2.3%. Over the past 12 months, the industry was up 20%. Looking forward, earnings are forecast to grow by 3.2% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Nov 2025JP¥39.8tJP¥21.5tJP¥2.4t17x16.4x1.9x
Thu, 02 Oct 2025JP¥39.4tJP¥21.4tJP¥2.4t17.6x16.2x1.8x
Sat, 30 Aug 2025JP¥39.4tJP¥21.4tJP¥2.4t17.6x16.1x1.8x
Mon, 28 Jul 2025JP¥36.2tJP¥21.1tJP¥2.4t17.5x15.1x1.7x
Wed, 25 Jun 2025JP¥36.6tJP¥21.6tJP¥2.4t17.2x15.1x1.7x
Fri, 23 May 2025JP¥35.4tJP¥21.5tJP¥2.4t16.7x14.7x1.6x
Sun, 20 Apr 2025JP¥35.8tJP¥21.2tJP¥2.3t16.7x15.5x1.7x
Tue, 18 Mar 2025JP¥34.8tJP¥21.2tJP¥2.3t16.8x15x1.6x
Thu, 13 Feb 2025JP¥34.4tJP¥21.2tJP¥2.3t16.9x15.1x1.6x
Sat, 11 Jan 2025JP¥33.6tJP¥21.1tJP¥2.2t16.6x15.3x1.6x
Mon, 09 Dec 2024JP¥33.7tJP¥21.0tJP¥2.2t16.7x15.5x1.6x
Wed, 06 Nov 2024JP¥34.0tJP¥20.9tJP¥2.3t16.7x15.1x1.6x
Fri, 04 Oct 2024JP¥35.2tJP¥20.8tJP¥2.2t17.9x15.7x1.7x
Sun, 01 Sep 2024JP¥36.3tJP¥20.9tJP¥2.2t18.5x16.3x1.7x
Tue, 30 Jul 2024JP¥35.8tJP¥20.4tJP¥2.2t19.2x16.6x1.8x
Thu, 27 Jun 2024JP¥35.2tJP¥20.4tJP¥2.1t18.9x16.4x1.7x
Sat, 25 May 2024JP¥35.0tJP¥20.4tJP¥2.1t18.1x16.5x1.7x
Mon, 22 Apr 2024JP¥36.3tJP¥20.1tJP¥2.2t19.3x16.8x1.8x
Wed, 20 Mar 2024JP¥36.6tJP¥20.1tJP¥2.1t19.1x17.1x1.8x
Fri, 16 Feb 2024JP¥33.5tJP¥20.0tJP¥2.1t18.2x15.6x1.7x
Sun, 14 Jan 2024JP¥35.0tJP¥19.9tJP¥2.1t18.2x16.4x1.8x
Tue, 12 Dec 2023JP¥34.0tJP¥20.0tJP¥2.1t17.2x15.9x1.7x
Thu, 09 Nov 2023JP¥32.9tJP¥19.7tJP¥2.1t17.3x15.8x1.7x
Sat, 07 Oct 2023JP¥32.9tJP¥19.6tJP¥2.1t17.3x15.9x1.7x
Mon, 04 Sep 2023JP¥33.5tJP¥19.6tJP¥2.1t18.1x16.2x1.7x
Wed, 02 Aug 2023JP¥32.3tJP¥19.3tJP¥2.0t16.7x15.9x1.7x
Fri, 30 Jun 2023JP¥31.9tJP¥19.4tJP¥2.0t16.2x15.7x1.6x
Sun, 28 May 2023JP¥30.7tJP¥19.3tJP¥2.0t16x15.2x1.6x
Tue, 25 Apr 2023JP¥30.1tJP¥19.0tJP¥1.9t15.8x15.8x1.6x
Thu, 23 Mar 2023JP¥17.7tJP¥18.0tJP¥1.5t10.5x12x1x
Sat, 18 Feb 2023JP¥29.5tJP¥19.0tJP¥1.9t16.3x15.5x1.6x
Mon, 16 Jan 2023JP¥29.2tJP¥18.9tJP¥1.9t16.6x15.3x1.5x
Wed, 14 Dec 2022JP¥31.3tJP¥18.8tJP¥1.9t17.3x16.4x1.7x
Fri, 11 Nov 2022JP¥31.6tJP¥18.6tJP¥1.9t17.8x16.4x1.7x
Price to Earnings Ratio

16.4x


Total Market Cap: JP¥31.6tTotal Earnings: JP¥1.9tTotal Revenue: JP¥18.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Real Estate Sector Price to Earnings3Y Average 15.8x202320242025
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 15.8x.
  • 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 8.0% per year over the last three years.
  • Revenues for these companies have grown 4.9% 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 Market0.085%
Real Estate-2.16%
Retail REITs-0.21%
Office REITs-0.62%
Industrial REITs-0.69%
REITS-1.52%
Residential REITs-1.80%
Hotel and Resort REITs-1.97%
Health Care REITs-2.37%
Real Estate-2.95%
Industry PE
  • Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 25.9x.
    • Analysts are expecting annual earnings growth of 5.0%, which is higher than its past year's earnings growth of 1.4% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading close to its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 5.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 49% per year.
  • In contrast, the Office REITs industry is expected to see its earnings decline by 2.0% 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
8954 ORIX JREITJP¥105.90k3.1%
+JP¥17.7b		34.1%PB1.7x
3283 Nippon Prologis REITJP¥90.90k2.4%
+JP¥17.6b		11.2%PB1.5x
8951 Nippon Building FundJP¥142.80k1.1%
+JP¥13.8b		7.7%PB1.7x
8984 Daiwa House REIT InvestmentJP¥134.50k1.6%
+JP¥9.6b		17.3%PB1.2x
8953 Japan Metropolitan Fund InvestmentJP¥119.40k1.1%
+JP¥9.4b		29.8%PB1.3x

Latest News

8801
JP¥1,591.00
Mitsui Fudosan
7D
-2.0%
1Y
19.4%

8801: Share Repurchase And Dividend Hike Will Drive Future Value

Narrative Update: Analyst Price Target Revision for Mitsui Fudosan Analysts have maintained their fair value estimate for Mitsui Fudosan at ¥1,804.55. They cited only minor revisions to the discount rate and negligible changes to growth and profitability forecasts.
3231
JP¥868.20
Nomura Real Estate Holdings
7D
-7.3%
1Y
15.0%

Nomura Real Estate Holdings, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 02
Nomura Real Estate Holdings, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
3482
JP¥2,900.00
Loadstar Capital K.K
7D
-13.7%
1Y
24.1%
1878
JP¥2,884.00
Daito Trust ConstructionLtd
7D
-6.0%
1Y
-14.6%
3498
JP¥8,330.00
Kasumigaseki CapitalLtd
7D
-5.2%
1Y
15.1%
1925
JP¥5,280.00
Daiwa House Industry
7D
-0.6%
1Y
15.4%
8954
JP¥105,900.00
ORIX JREIT
7D
3.1%
1Y
34.1%
8953
JP¥119,400.00
Japan Metropolitan Fund Investment
7D
1.1%
1Y
29.8%
8984
JP¥134,500.00
Daiwa House REIT Investment
7D
1.6%
1Y
17.3%
3281
JP¥140,400.00
GLP J-REIT
7D
0.6%
1Y
5.9%
8951
JP¥142,800.00
Nippon Building Fund
7D
1.1%
1Y
7.7%
8830
JP¥6,567.00
Sumitomo Realty & Development
7D
-2.4%
1Y
40.1%
8802
JP¥3,286.00
Mitsubishi Estate
7D
-1.7%
1Y
45.7%
3471
JP¥112,600.00
Mitsui Fudosan Logistics Park
7D
1.2%
1Y
11.7%
3279
JP¥143,200.00
Activia Properties
7D
2.7%
1Y
32.8%
3283
JP¥90,900.00
Nippon Prologis REIT
7D
2.4%
1Y
11.2%