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Japanese (NIKKEI) Real Estate Industry Analysis

UpdatedJul 16, 2024
DataAggregated Company Financials
Companies110
  • 7D2.5%
  • 3M-2.2%
  • 1Y37.1%
  • YTD19.0%

Mitsui Fudosan is up 2.4%, leading the way for the Real Estate industry, which has gained 2.0%. In the same time, JINUSHILtd was down 17%. This means that the industry has gained 37% over the past year. Looking forward, earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jul 2024JP¥21.2tJP¥18.9tJP¥1.5t13.1x14.3x1.1x
Thu, 13 Jun 2024JP¥20.7tJP¥18.9tJP¥1.5t11.7x13.9x1.1x
Sat, 11 May 2024JP¥21.6tJP¥18.6tJP¥1.5t12.6x14.2x1.2x
Mon, 08 Apr 2024JP¥21.6tJP¥18.6tJP¥1.5t12.4x14.3x1.2x
Wed, 06 Mar 2024JP¥19.7tJP¥18.6tJP¥1.5t12.2x13x1.1x
Fri, 02 Feb 2024JP¥18.9tJP¥18.6tJP¥1.5t11.7x12.5x1x
Sun, 31 Dec 2023JP¥18.0tJP¥18.4tJP¥1.5t10.5x12x1x
Tue, 28 Nov 2023JP¥17.9tJP¥18.4tJP¥1.5t10.7x12x1x
Thu, 26 Oct 2023JP¥17.1tJP¥18.1tJP¥1.4t10.6x11.9x0.9x
Sat, 23 Sep 2023JP¥17.8tJP¥18.1tJP¥1.4t11.3x12.4x1x
Mon, 21 Aug 2023JP¥16.2tJP¥18.1tJP¥1.4t10.4x11.3x0.9x
Wed, 19 Jul 2023JP¥15.7tJP¥17.9tJP¥1.4t10.3x11.1x0.9x
Fri, 16 Jun 2023JP¥16.2tJP¥17.9tJP¥1.4t10.4x11.5x0.9x
Sun, 14 May 2023JP¥15.1tJP¥17.7tJP¥1.3t10x11.6x0.9x
Tue, 11 Apr 2023JP¥14.0tJP¥17.6tJP¥1.3t9.5x10.8x0.8x
Thu, 09 Mar 2023JP¥14.8tJP¥17.6tJP¥1.3t9.6x11.4x0.8x
Sat, 04 Feb 2023JP¥14.1tJP¥17.4tJP¥1.3t9.5x10.9x0.8x
Mon, 02 Jan 2023JP¥14.3tJP¥17.4tJP¥1.3t9.4x11x0.8x
Wed, 30 Nov 2022JP¥15.9tJP¥17.3tJP¥1.3t9.4x12.2x0.9x
Fri, 28 Oct 2022JP¥15.3tJP¥17.0tJP¥1.3t9.5x11.7x0.9x
Sun, 25 Sep 2022JP¥15.7tJP¥17.0tJP¥1.3t9.9x12x0.9x
Tue, 23 Aug 2022JP¥15.6tJP¥17.0tJP¥1.3t10.1x11.9x0.9x
Thu, 21 Jul 2022JP¥15.4tJP¥16.6tJP¥1.2t10.5x12.6x0.9x
Sat, 18 Jun 2022JP¥14.7tJP¥16.6tJP¥1.2t9.9x12x0.9x
Mon, 16 May 2022JP¥14.7tJP¥16.3tJP¥1.1t10.1x12.8x0.9x
Wed, 13 Apr 2022JP¥14.9tJP¥16.1tJP¥1.1t10.7x13.3x0.9x
Fri, 11 Mar 2022JP¥14.4tJP¥16.1tJP¥1.1t10.1x12.9x0.9x
Sun, 06 Feb 2022JP¥14.8tJP¥15.8tJP¥1.2t10.5x12.6x0.9x
Tue, 04 Jan 2022JP¥14.6tJP¥15.8tJP¥1.2t10.5x12.2x0.9x
Thu, 02 Dec 2021JP¥14.6tJP¥15.8tJP¥1.2t10.8x12.2x0.9x
Sat, 30 Oct 2021JP¥15.9tJP¥15.6tJP¥1.1t12.2x14.3x1x
Mon, 27 Sep 2021JP¥16.2tJP¥15.5tJP¥1.1t12.5x14.8x1x
Wed, 25 Aug 2021JP¥14.9tJP¥15.6tJP¥1.1t12.2x13.6x1x
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 14.3x 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 Market1.03%
Real Estate2.14%
Real Estate2.51%
Real Estate Operating Companies5.13%
Real Estate Services2.94%
Diversified Real Estate2.14%
Real Estate Development1.92%
Industry PE
  • Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 12.0x.
    • Analysts expect its future annual earnings growth (5.5%) to be largely in line with prior year's earnings growth.
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 Diversified Real Estate 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
8801 Mitsui FudosanJP¥1.54k2.4%
+JP¥102.3b		66.0%PE19.2x
1925 Daiwa House IndustryJP¥4.21k3.4%
+JP¥87.7b		15.2%PE9x
8905 AEON MallJP¥2.07k10.4%
+JP¥44.4b		18.7%PE22.5x
1878 Daito Trust ConstructionLtdJP¥17.36k3.8%
+JP¥41.5b		23.4%PE15.2x
8830 Sumitomo Realty & DevelopmentJP¥5.09k1.5%
+JP¥36.0b		43.7%PE13.6x
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Latest News

8905

JP¥2,066.50

AEON Mall

7D

10.4%

1Y

18.7%

3252

JP¥2,310.00

JINUSHILtd

7D

-16.7%

1Y

24.8%

3231

JP¥4,201.00

Nomura Real Estate Holdings

7D

2.9%

1Y

24.0%

Nomura Real Estate Holdings' (TSE:3231) Dividend Will Be Increased To ¥82.50

Jul 12
Nomura Real Estate Holdings' (TSE:3231) Dividend Will Be Increased To ¥82.50

3003

JP¥1,490.00

Hulic

7D

3.0%

1Y

24.9%

Hulic Co., Ltd.'s (TSE:3003) Business Is Trailing The Market But Its Shares Aren't

Jul 12
Hulic Co., Ltd.'s (TSE:3003) Business Is Trailing The Market But Its Shares Aren't

1878

JP¥17,360.00

Daito Trust ConstructionLtd

7D

3.8%

1Y

23.4%

Daito Trust ConstructionLtd (TSE:1878) Has Announced A Dividend Of ¥287.00

Jul 11
Daito Trust ConstructionLtd (TSE:1878) Has Announced A Dividend Of ¥287.00

8830

JP¥5,086.00

Sumitomo Realty & Development

7D

1.5%

1Y

43.7%

Is Now An Opportune Moment To Examine Sumitomo Realty & Development Co., Ltd. (TSE:8830)?

Jul 11
Is Now An Opportune Moment To Examine Sumitomo Realty & Development Co., Ltd. (TSE:8830)?

8802

JP¥2,653.50

Mitsubishi Estate

7D

1.1%

1Y

57.9%

Mitsubishi Estate's (TSE:8802) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
Mitsubishi Estate's (TSE:8802) Shareholders Will Receive A Bigger Dividend Than Last Year

1925

JP¥4,208.00

Daiwa House Industry

7D

3.4%

1Y

15.2%

Daiwa House Industry (TSE:1925) Is Due To Pay A Dividend Of ¥70.00

Jul 11
Daiwa House Industry (TSE:1925) Is Due To Pay A Dividend Of ¥70.00

8801

JP¥1,537.00

Mitsui Fudosan

7D

2.4%

1Y

66.0%

3264

JP¥189.00

Ascot

7D

-7.8%

1Y

24.3%

3236

JP¥187.00

Properst

7D

-9.7%

1Y

25.5%

3498

JP¥14,850.00

Kasumigaseki CapitalLtd

7D

-2.8%

1Y

213.3%

8918

JP¥8.00

LAND

7D

-11.1%

1Y

-11.1%

2986

JP¥4,430.00

LA Holdings

7D

-0.1%

1Y

5.4%

4827

JP¥930.00

Business One Holdings

7D

-4.9%

1Y

55.3%

8925

JP¥51.00

ARDEPRO

7D

-29.2%

1Y

-86.7%