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Japanese (NIKKEI) Real Estate Industry Analysis

UpdatedJul 05, 2024
DataAggregated Company Financials
Companies111
  • 7D3.5%
  • 3M-3.4%
  • 1Y30.8%
  • YTD16.7%

The Real Estate industry has gained 3.5% in the last week and Mitsui Fudosan up 3.8%. During this same period, the MIGALO HOLDINGS underperformed, falling 21%. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 6.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jul 2024JP¥20.8tJP¥18.9tJP¥1.5t12.8x14x1.1x
Sun, 02 Jun 2024JP¥20.3tJP¥18.7tJP¥1.5t11.3x13.8x1.1x
Tue, 30 Apr 2024JP¥21.4tJP¥18.6tJP¥1.5t12.4x14.1x1.2x
Thu, 28 Mar 2024JP¥22.0tJP¥18.6tJP¥1.5t12.5x14.6x1.2x
Sat, 24 Feb 2024JP¥19.4tJP¥18.6tJP¥1.5t12.3x12.9x1x
Mon, 22 Jan 2024JP¥18.8tJP¥18.4tJP¥1.5t11.4x12.6x1x
Wed, 20 Dec 2023JP¥17.9tJP¥18.4tJP¥1.5t10.4x12x1x
Fri, 17 Nov 2023JP¥18.0tJP¥18.5tJP¥1.5t10.2x12x1x
Sun, 15 Oct 2023JP¥17.4tJP¥18.1tJP¥1.4t10.7x12.1x1x
Tue, 12 Sep 2023JP¥17.4tJP¥18.1tJP¥1.4t11.3x12.2x1x
Thu, 10 Aug 2023JP¥16.4tJP¥18.1tJP¥1.5t10.6x11.1x0.9x
Sat, 08 Jul 2023JP¥15.9tJP¥17.9tJP¥1.4t10.3x11.4x0.9x
Mon, 05 Jun 2023JP¥15.6tJP¥17.9tJP¥1.4t10.1x11.1x0.9x
Wed, 03 May 2023JP¥15.0tJP¥17.6tJP¥1.3t10x11.6x0.9x
Fri, 31 Mar 2023JP¥14.1tJP¥17.6tJP¥1.3t9.4x10.8x0.8x
Sun, 26 Feb 2023JP¥14.5tJP¥17.6tJP¥1.3t9.3x11.2x0.8x
Tue, 24 Jan 2023JP¥14.3tJP¥17.5tJP¥1.3t9.4x11x0.8x
Thu, 22 Dec 2022JP¥14.2tJP¥17.4tJP¥1.3t9.5x11x0.8x
Sat, 19 Nov 2022JP¥15.6tJP¥17.3tJP¥1.3t9.3x12x0.9x
Mon, 17 Oct 2022JP¥15.7tJP¥17.0tJP¥1.3t9.6x12x0.9x
Wed, 14 Sep 2022JP¥15.9tJP¥17.0tJP¥1.3t10.1x12.2x0.9x
Fri, 12 Aug 2022JP¥15.2tJP¥16.9tJP¥1.3t10.3x11.8x0.9x
Sun, 10 Jul 2022JP¥15.2tJP¥16.6tJP¥1.2t9.9x12.4x0.9x
Tue, 07 Jun 2022JP¥15.1tJP¥16.6tJP¥1.2t10.7x12.4x0.9x
Thu, 05 May 2022JP¥15.0tJP¥16.2tJP¥1.2t10.3x13.1x0.9x
Sat, 02 Apr 2022JP¥15.3tJP¥16.1tJP¥1.1t11x13.7x1x
Mon, 28 Feb 2022JP¥14.8tJP¥16.1tJP¥1.1t10.3x13.1x0.9x
Wed, 26 Jan 2022JP¥14.7tJP¥15.7tJP¥1.2t10.1x12.4x0.9x
Fri, 24 Dec 2021JP¥14.5tJP¥15.8tJP¥1.2t10.6x12.2x0.9x
Sun, 21 Nov 2021JP¥15.4tJP¥15.8tJP¥1.2t11.3x12.9x1x
Tue, 19 Oct 2021JP¥16.0tJP¥15.5tJP¥1.1t12.1x14.6x1x
Thu, 16 Sep 2021JP¥16.1tJP¥15.6tJP¥1.1t12.7x14.3x1x
Sat, 14 Aug 2021JP¥15.2tJP¥15.6tJP¥1.1t12x13.9x1x
Price to Earnings Ratio

13.8x


Total Market Cap: JP¥15.1tTotal 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 14.0x 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 11% 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 Market3.37%
Real Estate1.89%
Real Estate3.50%
Diversified Real Estate3.95%
Real Estate Development3.30%
Real Estate Operating Companies1.88%
Real Estate Services-2.41%
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 17.7%, 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 5.4% 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
8830 Sumitomo Realty & DevelopmentJP¥5.03k6.6%
+JP¥147.4b		42.6%PE13.5x
8801 Mitsui FudosanJP¥1.52k3.5%
+JP¥142.9b		61.2%PE19x
8802 Mitsubishi EstateJP¥2.63k4.5%
+JP¥137.0b		53.9%PE19.7x
1925 Daiwa House IndustryJP¥4.11k0.8%
+JP¥21.8b		11.2%PE8.8x
3231 Nomura Real Estate HoldingsJP¥4.12k2.3%
+JP¥16.1b		19.5%PE10.4x
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Latest News

3498

JP¥14,850.00

Kasumigaseki CapitalLtd

7D

7.3%

1Y

188.3%

1925

JP¥4,111.00

Daiwa House Industry

7D

0.8%

1Y

11.2%

Earnings Troubles May Signal Larger Issues for Daiwa House Industry (TSE:1925) Shareholders

Jul 05
Earnings Troubles May Signal Larger Issues for Daiwa House Industry (TSE:1925) Shareholders

3231

JP¥4,124.00

Nomura Real Estate Holdings

7D

2.3%

1Y

19.5%

2998

JP¥4,130.00

CREAL

7D

-10.7%

1Y

-47.5%

These 4 Measures Indicate That CREAL (TSE:2998) Is Using Debt Reasonably Well

Jul 03
These 4 Measures Indicate That CREAL (TSE:2998) Is Using Debt Reasonably Well

8801

JP¥1,519.50

Mitsui Fudosan

7D

3.5%

1Y

61.2%

Mitsui Fudosan (TSE:8801) Has A Somewhat Strained Balance Sheet

Jul 03
Mitsui Fudosan (TSE:8801) Has A Somewhat Strained Balance Sheet

8871

JP¥2,642.00

GOLDCRESTLtd

7D

-1.8%

1Y

44.1%

8876

JP¥1,697.50

Relo Group

7D

-0.8%

1Y

-12.0%

3289

JP¥1,087.00

Tokyu Fudosan Holdings

7D

1.3%

1Y

33.2%

3480

JP¥2,998.00

J.S.B.Co.Ltd

7D

-6.3%

1Y

20.8%

3479

JP¥1,405.00

TKP

7D

-2.4%

1Y

-51.5%

8804

JP¥2,607.00

Tokyo Tatemono

7D

2.7%

1Y

40.8%

3003

JP¥1,413.00

Hulic

7D

-0.8%

1Y

15.5%

8830

JP¥5,032.00

Sumitomo Realty & Development

7D

6.6%

1Y

42.6%

3496

JP¥5,800.00

AzoomLtd

7D

-4.9%

1Y

-10.4%

8802

JP¥2,634.00

Mitsubishi Estate

7D

4.5%

1Y

53.9%

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

5535

JP¥2,075.00

MIGALO HOLDINGS

7D

-15.6%

1Y

243.3%