Narrative Update • Apr 24
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Japanese (NIKKEI) Industrial REITs Industry Analysis
UpdatedMay 23, 2026
DataAggregated Company Financials
Companies9
- 7D-2.2%
- 3M-7.2%
- 1Y8.1%
- YTD-10.5%
Over the last 7 days, the Industrial REITs industry has dropped 2.2%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 8.1%. In the next few years, earnings are forecast to decline by 1.5% annually.
Industry Valuation and Performance
Has the Japanese Industrial REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | JP¥2.9t | JP¥233.6b | JP¥114.6b | 22.5x | 25.4x | 12.5x |
| Mon, 20 Apr 2026 | JP¥3.1t | JP¥259.5b | JP¥123.6b | 24.4x | 25.3x | 12x |
| Wed, 18 Mar 2026 | JP¥3.2t | JP¥229.4b | JP¥107.5b | 25.3x | 29.5x | 13.8x |
| Fri, 13 Feb 2026 | JP¥3.1t | JP¥229.5b | JP¥107.6b | 24.6x | 29.3x | 13.7x |
| Sun, 11 Jan 2026 | JP¥3.3t | JP¥225.0b | JP¥104.6b | 29.2x | 31.8x | 14.8x |
| Tue, 09 Dec 2025 | JP¥3.1t | JP¥224.6b | JP¥104.7b | 26.9x | 29.8x | 13.9x |
| Thu, 06 Nov 2025 | JP¥3.1t | JP¥225.2b | JP¥104.7b | 28.7x | 30.1x | 14x |
| Sat, 04 Oct 2025 | JP¥3.0t | JP¥268.6b | JP¥123.7b | 23.2x | 23.9x | 11x |
| Mon, 01 Sep 2025 | JP¥3.0t | JP¥267.6b | JP¥123.4b | 23.4x | 23.9x | 11x |
| Wed, 30 Jul 2025 | JP¥2.8t | JP¥266.2b | JP¥123.0b | 23.7x | 23x | 10.6x |
| Fri, 27 Jun 2025 | JP¥2.8t | JP¥262.0b | JP¥120.2b | 23.7x | 23.6x | 10.8x |
| Sun, 25 May 2025 | JP¥2.7t | JP¥229.7b | JP¥105.2b | 23.6x | 25.8x | 11.8x |
| Tue, 22 Apr 2025 | JP¥2.7t | JP¥231.8b | JP¥106.2b | 24.1x | 25.8x | 11.8x |
| Thu, 20 Mar 2025 | JP¥2.8t | JP¥260.7b | JP¥118.5b | 22.1x | 23.2x | 10.6x |
| Sat, 15 Feb 2025 | JP¥2.7t | JP¥259.4b | JP¥117.9b | 22.1x | 23x | 10.5x |
| Mon, 13 Jan 2025 | JP¥2.7t | JP¥259.0b | JP¥117.7b | 21.3x | 22.9x | 10.4x |
| Wed, 11 Dec 2024 | JP¥2.7t | JP¥258.4b | JP¥117.8b | 21.3x | 22.9x | 10.4x |
| Fri, 08 Nov 2024 | JP¥2.7t | JP¥254.5b | JP¥115.7b | 22.1x | 23.6x | 10.7x |
| Sun, 06 Oct 2024 | JP¥2.9t | JP¥258.3b | JP¥115.1b | 24.6x | 24.8x | 11.1x |
| Tue, 03 Sep 2024 | JP¥2.9t | JP¥255.0b | JP¥113.4b | 25.6x | 26x | 11.6x |
| Thu, 01 Aug 2024 | JP¥2.9t | JP¥255.0b | JP¥113.5b | 24.5x | 25.4x | 11.3x |
| Sat, 29 Jun 2024 | JP¥2.9t | JP¥253.4b | JP¥112.0b | 24.9x | 26x | 11.5x |
| Mon, 27 May 2024 | JP¥3.0t | JP¥253.2b | JP¥113.3b | 25.1x | 26.1x | 11.7x |
| Wed, 24 Apr 2024 | JP¥3.0t | JP¥253.1b | JP¥113.3b | 25.5x | 26.7x | 11.9x |
| Fri, 22 Mar 2024 | JP¥3.0t | JP¥249.2b | JP¥111.8b | 25.9x | 27.1x | 12.2x |
| Sun, 18 Feb 2024 | JP¥2.8t | JP¥248.5b | JP¥110.2b | 25.2x | 25.8x | 11.4x |
| Tue, 16 Jan 2024 | JP¥3.1t | JP¥246.1b | JP¥110.1b | 27.1x | 28.2x | 12.6x |
| Thu, 14 Dec 2023 | JP¥3.0t | JP¥245.2b | JP¥108.7b | 26.2x | 27.6x | 12.2x |
| Sat, 11 Nov 2023 | JP¥3.0t | JP¥243.9b | JP¥108.3b | 27.4x | 28x | 12.4x |
| Mon, 09 Oct 2023 | JP¥3.0t | JP¥239.9b | JP¥110.7b | 26.8x | 27.3x | 12.6x |
| Wed, 06 Sep 2023 | JP¥3.2t | JP¥239.4b | JP¥111.0b | 28.6x | 28.9x | 13.4x |
| Fri, 04 Aug 2023 | JP¥3.1t | JP¥240.1b | JP¥112.4b | 28.8x | 27.7x | 13x |
| Sun, 02 Jul 2023 | JP¥3.2t | JP¥242.7b | JP¥109.1b | 30.3x | 29.3x | 13.2x |
| Tue, 30 May 2023 | JP¥3.3t | JP¥236.8b | JP¥112.0b | 31.1x | 29.1x | 13.8x |
Price to Earnings Ratio
29.1x
Current Industry PE
- Investors are relatively neutral on the Japanese Industrial REITs 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 26.3x.
- The industry is trading close to its 3-year average PS ratio of 12.0x.
Past Earnings Growth
- Both revenue and earnings for companies in the Industrial REITs industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Japanese Real Estate industry?
| JP Market | 1.18% | |
| Real Estate | -3.52% | |
| Industrial REITs | -2.24% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||