Header cover image

Japanese (NIKKEI) Real Estate Industry Analysis

UpdatedJun 16, 2024
DataAggregated Company Financials
Companies110
  • 7D-0.6%
  • 3M2.8%
  • 1Y28.4%
  • YTD14.8%

Last week, the Real Estate industry hasn't moved much but AEON Mall is up 4.6% in that time. The past year has been better, since the industry has gained 28% in that time. As for the next few years, earnings are expected to grow by 6.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Jun 2024JP¥20.5tJP¥18.8tJP¥1.5t12x13.8x1.1x
Tue, 14 May 2024JP¥21.2tJP¥18.8tJP¥1.5t11.6x14.4x1.1x
Thu, 11 Apr 2024JP¥22.0tJP¥18.6tJP¥1.5t12.4x14.5x1.2x
Sat, 09 Mar 2024JP¥19.9tJP¥18.6tJP¥1.5t12.2x13.2x1.1x
Mon, 05 Feb 2024JP¥19.0tJP¥18.6tJP¥1.5t11.8x12.6x1x
Wed, 03 Jan 2024JP¥18.0tJP¥18.4tJP¥1.5t10.5x12x1x
Fri, 01 Dec 2023JP¥17.9tJP¥18.4tJP¥1.5t10.7x12x1x
Sun, 29 Oct 2023JP¥17.0tJP¥18.2tJP¥1.4t10.5x11.8x0.9x
Tue, 26 Sep 2023JP¥17.8tJP¥18.1tJP¥1.4t11.3x12.4x1x
Thu, 24 Aug 2023JP¥16.6tJP¥18.1tJP¥1.4t10.5x11.6x0.9x
Sat, 22 Jul 2023JP¥16.0tJP¥17.9tJP¥1.4t10.5x11.3x0.9x
Mon, 19 Jun 2023JP¥16.2tJP¥17.9tJP¥1.4t10.5x11.5x0.9x
Wed, 17 May 2023JP¥15.2tJP¥17.9tJP¥1.4t9.9x10.9x0.9x
Fri, 14 Apr 2023JP¥14.3tJP¥17.6tJP¥1.3t9.4x11x0.8x
Sun, 12 Mar 2023JP¥14.7tJP¥17.6tJP¥1.3t9.5x11.4x0.8x
Tue, 07 Feb 2023JP¥14.4tJP¥17.4tJP¥1.3t9.5x11.1x0.8x
Thu, 05 Jan 2023JP¥14.1tJP¥17.4tJP¥1.3t9.3x10.9x0.8x
Sat, 03 Dec 2022JP¥15.2tJP¥17.4tJP¥1.3t9.3x11.7x0.9x
Mon, 31 Oct 2022JP¥15.4tJP¥17.2tJP¥1.3t9.6x11.7x0.9x
Wed, 28 Sep 2022JP¥15.2tJP¥17.0tJP¥1.3t9.7x11.6x0.9x
Fri, 26 Aug 2022JP¥15.6tJP¥17.0tJP¥1.3t10x11.9x0.9x
Sun, 24 Jul 2022JP¥15.5tJP¥16.6tJP¥1.2t10.5x12.7x0.9x
Tue, 21 Jun 2022JP¥14.8tJP¥16.6tJP¥1.2t9.6x12.1x0.9x
Thu, 19 May 2022JP¥13.6tJP¥16.6tJP¥1.2t10.2x11.1x0.8x
Sat, 16 Apr 2022JP¥15.2tJP¥16.1tJP¥1.1t10.3x13.4x0.9x
Mon, 14 Mar 2022JP¥14.1tJP¥16.1tJP¥1.1t9.9x12.5x0.9x
Wed, 09 Feb 2022JP¥15.0tJP¥15.6tJP¥1.1t10.3x13.4x1x
Fri, 07 Jan 2022JP¥14.9tJP¥15.8tJP¥1.2t10.7x12.5x0.9x
Sun, 05 Dec 2021JP¥14.9tJP¥15.8tJP¥1.2t10.9x12.5x0.9x
Tue, 02 Nov 2021JP¥16.1tJP¥15.6tJP¥1.1t12.3x14.6x1x
Thu, 30 Sep 2021JP¥16.0tJP¥15.5tJP¥1.1t12.1x14.6x1x
Sat, 28 Aug 2021JP¥15.0tJP¥15.6tJP¥1.1t12.5x13.7x1x
Sun, 04 Jul 2021JP¥15.4tJP¥15.6tJP¥1.1t12.3x14x1x
Price to Earnings Ratio

14x


Total Market Cap: JP¥15.4tTotal Earnings: JP¥1.1tTotal Revenue: JP¥15.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Real Estate Industry Price to Earnings3Y Average 12.5x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.8x which is higher than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 industry?

JP Market-0.16%
Real Estate-0.40%
Real Estate-0.64%
Real Estate Services3.17%
Real Estate Operating Companies1.47%
Real Estate Development0.35%
Diversified Real Estate-1.10%
Industry PE
  • Investors are most optimistic about the Real Estate Development industry, which is trading close to its 3-year average PE ratio of 14.3x.
    • Analysts are expecting annual earnings growth of 18.5%, which is higher than its past year's earnings growth of 12.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 5.5% 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
8905 AEON MallJP¥1.98k4.6%
+JP¥19.7b		10.7%PE22.1x
6620 Miyakoshi HoldingsJP¥1.92k14.5%
+JP¥9.7b		127.8%PE143.3x
8818 Keihanshin BuildingJP¥1.70k11.1%
+JP¥8.3b		44.8%PE21.9x
2980 SRE HoldingsJP¥4.72k11.6%
+JP¥7.9b		11.1%PE54.6x
8876 Relo GroupJP¥1.66k3.1%
+JP¥7.7b		-20.9%PS1.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

8818

JP¥1,696.00

Keihanshin Building

7D

11.1%

1Y

44.8%

Keihanshin Building Co., Ltd.'s (TSE:8818) Shareholders Might Be Looking For Exit

Jun 14
Keihanshin Building Co., Ltd.'s (TSE:8818) Shareholders Might Be Looking For Exit

8848

JP¥529.00

Leopalace21

7D

3.3%

1Y

81.8%

8802

JP¥2,590.00

Mitsubishi Estate

7D

-1.7%

1Y

46.5%

Mitsubishi Estate (TSE:8802) Seems To Be Using A Lot Of Debt

Jun 11
Mitsubishi Estate (TSE:8802) Seems To Be Using A Lot Of Debt

3003

JP¥1,464.50

Hulic

7D

-1.3%

1Y

16.6%

6625

JP¥504.00

JALCO Holdings

7D

11.0%

1Y

149.5%

JALCO Holdings Inc.'s (TSE:6625) Shares Leap 30% Yet They're Still Not Telling The Full Story

Jun 07
JALCO Holdings Inc.'s (TSE:6625) Shares Leap 30% Yet They're Still Not Telling The Full Story

8905

JP¥1,983.50

AEON Mall

7D

4.6%

1Y

10.7%

AEON Mall (TSE:8905) Is Due To Pay A Dividend Of ¥25.00

Jun 07
AEON Mall (TSE:8905) Is Due To Pay A Dividend Of ¥25.00

3289

JP¥1,094.50

Tokyu Fudosan Holdings

7D

-3.7%

1Y

27.1%

1925

JP¥4,092.00

Daiwa House Industry

7D

-0.9%

1Y

9.3%

Earnings Working Against Daiwa House Industry Co., Ltd.'s (TSE:1925) Share Price

Jun 04
Earnings Working Against Daiwa House Industry Co., Ltd.'s (TSE:1925) Share Price

2980

JP¥4,720.00

SRE Holdings

7D

11.6%

1Y

11.1%

5535

JP¥5,240.00

MIGALO HOLDINGS

7D

15.2%

1Y

344.1%

3498

JP¥14,150.00

Kasumigaseki CapitalLtd

7D

-6.0%

1Y

209.0%

Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) Intrinsic Value Is Potentially 48% Above Its Share Price

May 27
Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) Intrinsic Value Is Potentially 48% Above Its Share Price

1878

JP¥16,690.00

Daito Trust ConstructionLtd

7D

-0.7%

1Y

18.0%

3231

JP¥4,021.00

Nomura Real Estate Holdings

7D

-2.0%

1Y

15.8%

There Is A Reason Nomura Real Estate Holdings, Inc.'s (TSE:3231) Price Is Undemanding

May 22
There Is A Reason Nomura Real Estate Holdings, Inc.'s (TSE:3231) Price Is Undemanding

8801

JP¥1,476.50

Mitsui Fudosan

7D

-1.9%

1Y

54.6%

We Think That There Are Issues Underlying Mitsui Fudosan's (TSE:8801) Earnings

May 21
We Think That There Are Issues Underlying Mitsui Fudosan's (TSE:8801) Earnings

8876

JP¥1,659.00

Relo Group

7D

3.1%

1Y

-20.9%

Relo Group, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 14
Relo Group, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

6620

JP¥1,920.00

Miyakoshi Holdings

7D

14.5%

1Y

127.8%