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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%
  • YTDn/a

Over the last 7 days, the Office REITs industry has risen 2.8%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. As for the next few years, earnings are forecast to decline by 5.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025JP¥3.7tJP¥394.2bJP¥171.2b20.3x21.4x9.3x
Mon, 30 Dec 2024JP¥3.6tJP¥392.7bJP¥170.2b18.9x21x9.1x
Wed, 27 Nov 2024JP¥3.7tJP¥391.3bJP¥170.7b19.3x21.6x9.4x
Fri, 25 Oct 2024JP¥3.7tJP¥398.9bJP¥173.3b19x21.6x9.4x
Sun, 22 Sep 2024JP¥3.9tJP¥400.6bJP¥165.6b19.6x23.4x9.7x
Tue, 20 Aug 2024JP¥3.7tJP¥402.8bJP¥165.4b20x22.6x9.3x
Thu, 18 Jul 2024JP¥3.6tJP¥404.7bJP¥166.6b20.3x21.8x9x
Sat, 15 Jun 2024JP¥3.6tJP¥408.8bJP¥169.9b19.8x21x8.7x
Mon, 13 May 2024JP¥3.7tJP¥399.3bJP¥167.1b20.7x22.2x9.3x
Wed, 10 Apr 2024JP¥3.7tJP¥390.9bJP¥163.5b20.9x22.9x9.6x
Fri, 08 Mar 2024JP¥3.5tJP¥391.3bJP¥163.1b19.8x21.7x9.1x
Sun, 04 Feb 2024JP¥3.8tJP¥392.4bJP¥164.9b20.7x23.1x9.7x
Tue, 02 Jan 2024JP¥3.9tJP¥393.5bJP¥165.2b21x23.4x9.8x
Thu, 30 Nov 2023JP¥3.9tJP¥395.1bJP¥167.7b21.8x23.1x9.8x
Sat, 28 Oct 2023JP¥4.2tJP¥424.1bJP¥181.1b21.5x23.3x9.9x
Mon, 25 Sep 2023JP¥4.2tJP¥424.8bJP¥184.9b21.5x23x10x
Wed, 23 Aug 2023JP¥4.1tJP¥428.0bJP¥184.9b21.6x22.4x9.7x
Fri, 21 Jul 2023JP¥4.2tJP¥427.4bJP¥192.9b21x21.8x9.9x
Sun, 18 Jun 2023JP¥4.0tJP¥423.9bJP¥187.8b20.4x21.4x9.5x
Tue, 16 May 2023JP¥4.0tJP¥416.7bJP¥184.1b20.4x21.5x9.5x
Thu, 13 Apr 2023JP¥4.1tJP¥427.0bJP¥190.5b21.1x21.7x9.7x
Sat, 11 Mar 2023JP¥4.3tJP¥430.6bJP¥194.7b20.9x21.9x9.9x
Mon, 06 Feb 2023JP¥4.2tJP¥432.9bJP¥196.9b20.4x21.4x9.7x
Wed, 04 Jan 2023JP¥4.4tJP¥432.3bJP¥196.9b21.3x22.1x10.1x
Fri, 02 Dec 2022JP¥4.5tJP¥431.1bJP¥196.5b22.2x23x10.5x
Sun, 30 Oct 2022JP¥4.6tJP¥429.5bJP¥195.4b22.6x23.8x10.8x
Tue, 27 Sep 2022JP¥4.7tJP¥429.2bJP¥194.9b23.2x23.9x10.9x
Thu, 25 Aug 2022JP¥4.7tJP¥427.8bJP¥193.4b22.9x24.4x11x
Sat, 23 Jul 2022JP¥4.7tJP¥420.3bJP¥188.8b23x24.9x11.2x
Mon, 20 Jun 2022JP¥4.5tJP¥422.6bJP¥189.6b22x24x10.7x
Wed, 18 May 2022JP¥4.7tJP¥420.6bJP¥190.3b22.4x24.5x11.1x
Fri, 15 Apr 2022JP¥4.6tJP¥420.0bJP¥189.9b23.3x24.4x11x
Sun, 13 Mar 2022JP¥4.6tJP¥437.5bJP¥197.5b22.3x23.1x10.4x
Tue, 08 Feb 2022JP¥4.6tJP¥426.9bJP¥191.5b22.6x24.2x10.8x
Price to Earnings Ratio

24.2x


Total Market Cap: JP¥4.6tTotal Earnings: JP¥191.5bTotal Revenue: JP¥426.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Office REITs Industry Price to Earnings3Y Average 22.7x202320242025
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 22.7x.
  • The industry is trading close to its 3-year average PS ratio of 9.9x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 3.7% per year over the last three years,
  • Revenues have also declined 2.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Japanese Office REITs compare with similar industries?

JP Market1.33%
Real Estate3.45%
REITS3.44%
Office REITs2.75%
Retail REITs3.88%
Diversified REITs3.44%
Industrial REITs1.79%
Hotel and Resort REITs1.71%
Residential REITs0.84%
Specialized REITs0%0
Healthcare REITs-0.93%
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
8952 Japan Real Estate InvestmentJP¥109.40k3.7%
+JP¥27.7b		-3.9%PB1.4x
8954 ORIX JREITJP¥172.40k4.2%
+JP¥19.3b		0.6%PB1.4x
8951 Nippon Building FundJP¥123.50k1.3%
+JP¥13.6b		3.3%PB1.5x
8976 Daiwa Office InvestmentJP¥294.50k5.0%
+JP¥13.2b		-5.5%PB1.1x
8955 Japan Prime Realty InvestmentJP¥342.00k3.3%
+JP¥11.0b		-2.4%PB1.2x
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Latest News

8952

JP¥109,400.00

Japan Real Estate Investment

7D

3.7%

1Y

-3.9%

8954

JP¥172,400.00

ORIX JREIT

7D

4.2%

1Y

0.6%

8976

JP¥294,500.00

Daiwa Office Investment

7D

5.0%

1Y

-5.5%

3234

JP¥125,600.00

Mori Hills REIT Investment

7D

0.8%

1Y

-8.0%

8955

JP¥342,000.00

Japan Prime Realty Investment

7D

3.3%

1Y

-2.4%

8958

JP¥105,300.00

Global One Real Estate Investment

7D

3.0%

1Y

-3.7%

8987

JP¥125,500.00

Japan Excellent

7D

3.0%

1Y

2.8%

8951

JP¥123,500.00

Nippon Building Fund

7D

1.3%

1Y

3.3%