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Ichigo Office REIT Investment TSE:8975 Stock Report

Last Price

JP¥81.00k

Market Cap

JP¥122.1b

7D

0.6%

1Y

-14.1%

Updated

19 Apr, 2024

Data

Company Financials

Ichigo Office REIT Investment Corporation

TSE:8975 Stock Report

Market Cap: JP¥122.1b

8975 Stock Overview

Ichigo Office (8975) is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential.

8975 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends5/6

Ichigo Office REIT Investment Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ichigo Office REIT Investment
Historical stock prices
Current Share PriceJP¥81,000.00
52 Week HighJP¥96,900.00
52 Week LowJP¥76,500.00
Beta0.45
1 Month Change1.12%
3 Month Change-1.94%
1 Year Change-14.10%
3 Year Change-16.92%
5 Year Change-21.05%
Change since IPO30.34%

Recent News & Updates

Recent updates

Shareholder Returns

8975JP Office REITsJP Market
7D0.6%-0.6%-2.6%
1Y-14.1%0.5%28.4%

Return vs Industry: 8975 underperformed the JP Office REITs industry which returned 0.5% over the past year.

Return vs Market: 8975 underperformed the JP Market which returned 28.4% over the past year.

Price Volatility

Is 8975's price volatile compared to industry and market?
8975 volatility
8975 Average Weekly Movement2.0%
Office REITs Industry Average Movement2.3%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.2%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 8975 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8975's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTakuma Hasegawawww.ichigo-office.co.jp

Ichigo Office (8975) is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential. Ichigo Office seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. Ichigo Office is managed by Ichigo Investment Advisors, the asset management subsidiary of Ichigo, a major Japanese real estate owner/operator.

Ichigo Office REIT Investment Corporation Fundamentals Summary

How do Ichigo Office REIT Investment's earnings and revenue compare to its market cap?
8975 fundamental statistics
Market capJP¥122.13b
Earnings (TTM)JP¥9.49b
Revenue (TTM)JP¥20.29b

12.9x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8975 income statement (TTM)
RevenueJP¥20.29b
Cost of RevenueJP¥8.73b
Gross ProfitJP¥11.57b
Other ExpensesJP¥2.08b
EarningsJP¥9.49b

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)6.27k
Gross Margin57.00%
Net Profit Margin46.74%
Debt/Equity Ratio112.7%

How did 8975 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

56%

Payout Ratio

Does 8975 pay a reliable dividends?

See 8975 dividend history and benchmarks
When do you need to buy 8975 by to receive an upcoming dividend?
Ichigo Office REIT Investment dividend dates
Ex Dividend DateApr 26 2024
Dividend Pay DateJul 22 2024
Days until Ex dividend6 days
Days until Dividend pay date93 days

Does 8975 pay a reliable dividends?

See 8975 dividend history and benchmarks
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