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Japanese (NIKKEI) Office REITs Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies12
  • 7D-0.3%
  • 3M-4.4%
  • 1Y-4.8%
  • YTD-7.2%

In the last week, Office REITs has been flat. As for the longer term, the industry has declined 4.8% in the last year. As for the next few years, earnings are forecast to decline by 2.2% per annum.

Industry Valuation and Performance

Has the Japanese Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024JP¥3.6tJP¥404.5bJP¥166.8b19.9x21.4x8.8x
Thu, 16 May 2024JP¥3.7tJP¥399.3bJP¥167.1b20.8x22.3x9.3x
Sat, 13 Apr 2024JP¥3.7tJP¥390.9bJP¥163.5b20.5x22.6x9.4x
Mon, 11 Mar 2024JP¥3.6tJP¥391.3bJP¥163.1b19.7x21.8x9.1x
Wed, 07 Feb 2024JP¥3.8tJP¥392.5bJP¥165.0b20.5x22.9x9.6x
Fri, 05 Jan 2024JP¥3.8tJP¥392.6bJP¥165.2b20.9x23.2x9.8x
Sun, 03 Dec 2023JP¥3.9tJP¥395.1bJP¥167.7b21.8x23x9.8x
Tue, 31 Oct 2023JP¥4.1tJP¥424.1bJP¥181.1b21.1x22.7x9.7x
Thu, 28 Sep 2023JP¥4.3tJP¥424.8bJP¥184.9b21.6x23x10x
Sat, 26 Aug 2023JP¥4.2tJP¥428.0bJP¥184.9b21.9x22.9x9.9x
Mon, 24 Jul 2023JP¥4.2tJP¥426.2bJP¥190.9b21.3x22x9.9x
Wed, 21 Jun 2023JP¥4.0tJP¥423.9bJP¥187.8b20.5x21.3x9.4x
Fri, 19 May 2023JP¥3.9tJP¥417.8bJP¥184.2b20.3x21.3x9.4x
Sun, 16 Apr 2023JP¥4.2tJP¥427.0bJP¥190.5b21.2x21.9x9.8x
Price to Earnings Ratio

21.8x


Total Market Cap: JP¥4.3tTotal Earnings: JP¥195.6bTotal Revenue: JP¥432.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Office REITs Industry Price to Earnings3Y Average 22.4xJulyOctober2024April
Current Industry PE
  • Investors are relatively neutral on the Japanese Office 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 22.4x.
  • The industry is trading close to its 3-year average PS ratio of 9.6x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 5.2% per year over the last three years,
  • Revenues have also declined 2.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

JP Market-2.66%
Real Estate-2.91%
Office REITs-0.27%
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?

CompanyLast Price7D1YValuation
8951 Nippon Building FundJP¥575.00k0.5%
+JP¥5.1b
2.7%PB1.4x
8954 ORIX JREITJP¥158.00k0.8%
+JP¥3.6b
-11.8%PB1.2x
3234 Mori Hills REIT InvestmentJP¥130.50k1.1%
+JP¥2.7b
-12.3%PB1.2x
8955 Japan Prime Realty InvestmentJP¥327.50k0.8%
+JP¥2.5b
-6.6%PB1.2x
3476 MIRAIJP¥45.00k0.9%
+JP¥763.0m
-1.4%PB1.1x
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Latest News

8975

JP¥80,800.00

Ichigo Office REIT Investment

7D

-0.5%

1Y

-8.0%

8976

JP¥278,700.00

Daiwa Office Investment

7D

0.3%

1Y

-7.7%

8958

JP¥99,400.00

Global One Real Estate Investment

7D

-0.1%

1Y

-8.7%

8952

JP¥500,000.00

Japan Real Estate Investment

7D

-1.8%

1Y

-6.9%

3476

JP¥45,000.00

MIRAI

7D

0.9%

1Y

-1.4%

2972

JP¥83,900.00

SANKEI REAL ESTATE

7D

-0.7%

1Y

-4.7%

3290

JP¥255,600.00

One REIT

7D

0.7%

1Y

5.7%

8987

JP¥119,200.00

Japan Excellent

7D

-0.7%

1Y

-1.6%

8955

JP¥327,500.00

Japan Prime Realty Investment

7D

0.8%

1Y

-6.6%