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Japanese (NIKKEI) Office REITs Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies11
- 7D2.8%
- 3M-0.6%
- 1Y-1.4%
- YTD1.8%
Over the last 7 days, the Office REITs industry has risen 5.3%, driven by gains from every company within the industry. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to decline by 5.3% per year.
Industry Valuation and Performance
Has the Japanese Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | JP¥3.7t | JP¥394.2b | JP¥171.2b | 20.3x | 21.4x | 9.3x |
| Mon, 30 Dec 2024 | JP¥3.6t | JP¥392.7b | JP¥170.2b | 18.9x | 21x | 9.1x |
| Wed, 27 Nov 2024 | JP¥3.7t | JP¥391.3b | JP¥170.7b | 19.3x | 21.6x | 9.4x |
| Fri, 25 Oct 2024 | JP¥3.7t | JP¥398.9b | JP¥173.3b | 19x | 21.6x | 9.4x |
| Sun, 22 Sep 2024 | JP¥3.9t | JP¥400.6b | JP¥165.6b | 19.6x | 23.4x | 9.7x |
| Tue, 20 Aug 2024 | JP¥3.7t | JP¥402.8b | JP¥165.4b | 20x | 22.6x | 9.3x |
| Thu, 18 Jul 2024 | JP¥3.6t | JP¥404.7b | JP¥166.6b | 20.3x | 21.8x | 9x |
| Sat, 15 Jun 2024 | JP¥3.6t | JP¥408.8b | JP¥169.9b | 19.8x | 21x | 8.7x |
| Mon, 13 May 2024 | JP¥3.7t | JP¥399.3b | JP¥167.1b | 20.7x | 22.2x | 9.3x |
| Wed, 10 Apr 2024 | JP¥3.7t | JP¥390.9b | JP¥163.5b | 20.9x | 22.9x | 9.6x |
| Fri, 08 Mar 2024 | JP¥3.5t | JP¥391.3b | JP¥163.1b | 19.8x | 21.7x | 9.1x |
| Sun, 04 Feb 2024 | JP¥3.8t | JP¥392.4b | JP¥164.9b | 20.7x | 23.1x | 9.7x |
| Tue, 02 Jan 2024 | JP¥3.9t | JP¥393.5b | JP¥165.2b | 21x | 23.4x | 9.8x |
| Thu, 30 Nov 2023 | JP¥3.9t | JP¥395.1b | JP¥167.7b | 21.8x | 23.1x | 9.8x |
| Sat, 28 Oct 2023 | JP¥4.2t | JP¥424.1b | JP¥181.1b | 21.5x | 23.3x | 9.9x |
| Mon, 25 Sep 2023 | JP¥4.2t | JP¥424.8b | JP¥184.9b | 21.5x | 23x | 10x |
| Wed, 23 Aug 2023 | JP¥4.1t | JP¥428.0b | JP¥184.9b | 21.6x | 22.4x | 9.7x |
| Fri, 21 Jul 2023 | JP¥4.2t | JP¥427.4b | JP¥192.9b | 21x | 21.8x | 9.9x |
| Sun, 18 Jun 2023 | JP¥4.0t | JP¥423.9b | JP¥187.8b | 20.4x | 21.4x | 9.5x |
| Tue, 16 May 2023 | JP¥4.0t | JP¥416.7b | JP¥184.1b | 20.4x | 21.5x | 9.5x |
| Thu, 13 Apr 2023 | JP¥4.1t | JP¥427.0b | JP¥190.5b | 21.1x | 21.7x | 9.7x |
Price to Earnings Ratio
21.2x
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 22.2x.
- The industry is trading close to its 3-year average PS ratio of 9.5x.
Past Earnings Growth
- The earnings for companies in the Office REITs industry have declined 4.4% per year over the last three years,
- Revenues have also declined 3.0% 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 | 1.33% | |
| Real Estate | 3.45% | |
| Office REITs | 2.75% | |
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 | |
|---|---|---|---|---|---|
| 8952 Japan Real Estate Investment | JP¥109.40k | 3.7% +JP¥27.7b | -3.9% | PB1.4x | |
| 8954 ORIX JREIT | JP¥172.40k | 4.2% +JP¥19.3b | 0.6% | PB1.4x | |
| 8951 Nippon Building Fund | JP¥123.50k | 1.3% +JP¥13.6b | 3.3% | PB1.5x | |
| 8976 Daiwa Office Investment | JP¥294.50k | 5.0% +JP¥13.2b | -5.5% | PB1.1x | |
| 8955 Japan Prime Realty Investment | JP¥342.00k | 3.3% +JP¥11.0b | -2.4% | PB1.2x |