Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Japanese (NIKKEI) Office REITs Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies11
  • 7D-0.8%
  • 3M-6.0%
  • 1Y-6.1%
  • YTDn/a

In the last week, Office REITs has been flat. As for the longer term, the industry has declined 6.1% in the last year. In the next few years, earnings are forecast to decline by 5.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024JP¥3.6tJP¥392.7bJP¥170.2b18.6x20.9x9.1x
Tue, 19 Nov 2024JP¥3.7tJP¥391.3bJP¥170.7b19.2x21.7x9.5x
Thu, 17 Oct 2024JP¥3.8tJP¥403.7bJP¥169.6b19.4x22.2x9.3x
Sat, 14 Sep 2024JP¥3.9tJP¥400.5bJP¥165.7b20x23.6x9.8x
Mon, 12 Aug 2024JP¥3.6tJP¥403.4bJP¥166.0b19.4x21.8x9x
Wed, 10 Jul 2024JP¥3.5tJP¥404.7bJP¥166.6b19.9x21.2x8.7x
Fri, 07 Jun 2024JP¥3.6tJP¥408.8bJP¥169.9b19.9x21.3x8.9x
Sun, 05 May 2024JP¥3.8tJP¥399.3bJP¥167.1b20.8x22.6x9.5x
Tue, 02 Apr 2024JP¥3.7tJP¥390.9bJP¥163.5b20.9x22.7x9.5x
Thu, 29 Feb 2024JP¥3.7tJP¥391.3bJP¥163.1b20.2x22.4x9.3x
Sat, 27 Jan 2024JP¥3.8tJP¥392.4bJP¥164.9b21.2x23.1x9.7x
Mon, 25 Dec 2023JP¥3.9tJP¥393.8bJP¥164.2b21.6x23.6x9.8x
Wed, 22 Nov 2023JP¥3.9tJP¥395.1bJP¥167.7b21.4x23.1x9.8x
Fri, 20 Oct 2023JP¥4.2tJP¥424.5bJP¥184.9b21.4x22.6x9.9x
Sun, 17 Sep 2023JP¥4.3tJP¥424.8bJP¥184.9b21.9x23.1x10x
Tue, 15 Aug 2023JP¥4.3tJP¥428.6bJP¥191.8b21.7x22.2x9.9x
Thu, 13 Jul 2023JP¥4.1tJP¥427.4bJP¥192.9b20.9x21.5x9.7x
Sat, 10 Jun 2023JP¥4.0tJP¥419.0bJP¥184.8b20.6x21.7x9.6x
Mon, 08 May 2023JP¥4.0tJP¥416.7bJP¥184.1b20.6x21.5x9.5x
Wed, 05 Apr 2023JP¥4.3tJP¥432.2bJP¥195.6b21.2x21.8x9.9x
Fri, 03 Mar 2023JP¥4.3tJP¥430.6bJP¥194.7b20.9x22x9.9x
Sun, 29 Jan 2023JP¥4.3tJP¥432.4bJP¥196.8b20.7x21.8x9.9x
Tue, 27 Dec 2022JP¥4.3tJP¥432.3bJP¥196.9b21.7x22.1x10x
Thu, 24 Nov 2022JP¥4.5tJP¥433.4bJP¥198.2b22.2x22.9x10.5x
Sat, 22 Oct 2022JP¥4.4tJP¥429.7bJP¥195.4b21.5x22.3x10.1x
Mon, 19 Sep 2022JP¥4.8tJP¥429.2bJP¥194.9b23.5x24.6x11.2x
Wed, 17 Aug 2022JP¥4.7tJP¥421.2bJP¥189.4b22.9x25x11.3x
Fri, 15 Jul 2022JP¥4.7tJP¥420.3bJP¥188.8b22.9x24.7x11.1x
Sun, 12 Jun 2022JP¥4.8tJP¥421.4bJP¥189.4b22.1x25.1x11.3x
Tue, 10 May 2022JP¥4.6tJP¥420.6bJP¥190.3b22.6x24.4x11x
Thu, 07 Apr 2022JP¥4.7tJP¥419.9bJP¥190.0b24x24.6x11.1x
Sat, 05 Mar 2022JP¥4.6tJP¥437.5bJP¥197.5b22.5x23.5x10.6x
Mon, 31 Jan 2022JP¥4.7tJP¥427.1bJP¥191.4b22.9x24.6x11x
Wed, 29 Dec 2021JP¥4.8tJP¥428.0bJP¥191.7b23.3x25.2x11.3x
Price to Earnings Ratio

25.2x


Total Market Cap: JP¥4.8tTotal Earnings: JP¥191.7bTotal Revenue: JP¥428.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Office REITs Industry Price to Earnings3Y Average 22.8x202220232024
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 22.8x.
  • The industry is trading close to its 3-year average PS ratio of 10.0x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 3.9% per year over the last three years,
  • Revenues have also declined 2.8% 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 Market-1.46%
Real Estate-0.079%
REITS0.34%
Office REITs-0.75%
Diversified REITs0.34%
Specialized REITs0%
Healthcare REITs-0.19%
Residential REITs-0.47%
Retail REITs-0.79%
Hotel and Resort REITs-1.11%
Industrial REITs-1.81%
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
8975 Ichigo Office REIT InvestmentJP¥78.20k1.3%
+JP¥1.6b		-5.0%PB1.2x
8958 Global One Real Estate InvestmentJP¥96.60k1.2%
+JP¥1.1b		-11.2%PB0.9x
3234 Mori Hills REIT InvestmentJP¥122.50k0.08%
+JP¥191.6m		-11.4%PB1.1x
2972 SANKEI REAL ESTATEJP¥73.80k0.4%
+JP¥140.1m		-18.3%PB0.7x
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 UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
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

8987

JP¥114,300.00

Japan Excellent

7D

-1.0%

1Y

-9.1%

8975

JP¥78,200.00

Ichigo Office REIT Investment

7D

1.3%

1Y

-5.0%

8955

JP¥316,500.00

Japan Prime Realty Investment

7D

-1.4%

1Y

-12.6%

8952

JP¥542,000.00

Japan Real Estate Investment

7D

-1.3%

1Y

-5.9%

3234

JP¥122,500.00

Mori Hills REIT Investment

7D

0.08%

1Y

-11.4%

8954

JP¥160,800.00

ORIX JREIT

7D

-1.8%

1Y

-3.4%

8976

JP¥285,600.00

Daiwa Office Investment

7D

-1.9%

1Y

-14.1%

8958

JP¥96,600.00

Global One Real Estate Investment

7D

1.2%

1Y

-11.2%

2972

JP¥73,800.00

SANKEI REAL ESTATE

7D

0.4%

1Y

-18.3%

3290

JP¥221,500.00

One REIT

7D

-1.1%

1Y

-16.0%