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Japanese (NIKKEI) Office REITs Industry Analysis

UpdatedMay 21, 2022
DataAggregated Company Financials
Companies14
  • 7D1.4%
  • 3M4.8%
  • 1Y-5.4%
  • YTD-0.9%

The Office REITs industry is up 1.8% in the last week, with Nippon Building Fund Incorporation up 2.8%. However, the industry is down 7.1% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 21 May 2022JP¥4.7tJP¥422.2bJP¥190.8b22.2x
Mon, 18 Apr 2022JP¥4.7tJP¥420.6bJP¥190.3b23.4x
Wed, 16 Mar 2022JP¥4.6tJP¥437.5bJP¥197.5b22.4x
Fri, 11 Feb 2022JP¥4.7tJP¥426.9bJP¥191.5b23x
Sun, 09 Jan 2022JP¥4.7tJP¥428.0bJP¥191.7b23.3x
Tue, 07 Dec 2021JP¥4.9tJP¥430.8bJP¥192.9b23.9x
Thu, 04 Nov 2021JP¥5.1tJP¥428.5bJP¥191.7b24.2x
Sat, 02 Oct 2021JP¥4.9tJP¥421.2bJP¥186.2b24.3x
Mon, 30 Aug 2021JP¥5.3tJP¥420.8bJP¥186.1b26.3x
Tue, 06 Jul 2021JP¥5.2tJP¥420.8bJP¥186.1b26x
Fri, 09 Apr 2021JP¥4.9tJP¥420.2bJP¥186.6b24.7x
Thu, 31 Dec 2020JP¥4.4tJP¥421.3bJP¥188.2b21.6x
Sun, 04 Oct 2020JP¥4.0tJP¥420.6bJP¥183.9b21.1x
Wed, 08 Jul 2020JP¥4.0tJP¥418.2bJP¥181.4b19.7x
Tue, 31 Mar 2020JP¥4.2tJP¥418.1bJP¥179.1b18x
Fri, 03 Jan 2020JP¥5.5tJP¥410.6bJP¥173.2b31.1x
Mon, 07 Oct 2019JP¥5.6tJP¥404.9bJP¥172.1b30.9x
Sun, 30 Jun 2019JP¥5.0tJP¥399.9bJP¥169.7b27.8x
Median PE Ratio

27.6x


Total Market Cap: JP¥4.9tTotal Earnings: JP¥166.7bTotal Revenue: JP¥396.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Office REITs Industry Median PE3Y Average 24.3x202020212022
Current Industry PE
  • Investors are relatively neutral on the 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 24.4x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 4.5% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Japanese Office REITs compare with similar industries?

JP Market0.71%
Real Estate0.74%
REITS0.56%
Office REITs1.43%
Healthcare REITs1.93%
Industrial REITs0.80%
Retail REITs0.29%
Residential REITs0.013%
Specialized REITs0%
Diversified REITs-0.16%
Hotel and Resort REITs-0.29%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8951 Nippon Building Fund IncorporationJP¥698.00k2.6%
+JP¥30.6b
0.4%PB1.8x
8955 Japan Prime Realty InvestmentJP¥404.00k3.3%
+JP¥13.0b
-5.6%PB1.6x
8954 ORIX JREITJP¥184.50k2.0%
+JP¥10.2b
-5.9%PB1.5x
8952 Japan Real Estate InvestmentJP¥640.00k0.6%
+JP¥5.5b
-3.0%PB1.7x
8987 Japan ExcellentJP¥127.20k1.3%
+JP¥2.1b
-17.0%PB1.1x
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