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Ichigo Office REIT Investment TSE:8975 Stock Report

Last Price

JP¥77.60k

Market Cap

JP¥119.6b

7D

0.9%

1Y

-5.1%

Updated

19 Dec, 2024

Data

Company Financials

Ichigo Office REIT Investment Corporation

TSE:8975 Stock Report

Market Cap: JP¥119.6b

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. More details

8975 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Ichigo Office REIT Investment Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ichigo Office REIT Investment
Historical stock prices
Current Share PriceJP¥77,600.00
52 Week HighJP¥86,000.00
52 Week LowJP¥76,000.00
Beta0.48
1 Month Change-2.27%
3 Month Change-5.83%
1 Year Change-5.13%
3 Year Change-5.02%
5 Year Change-29.26%
Change since IPO24.87%

Recent News & Updates

Recent updates

Shareholder Returns

8975JP Office REITsJP Market
7D0.9%-0.7%-0.9%
1Y-5.1%-6.3%13.7%

Return vs Industry: 8975 exceeded the JP Office REITs industry which returned -6.3% over the past year.

Return vs Market: 8975 underperformed the JP Market which returned 13.7% over the past year.

Price Volatility

Is 8975's price volatile compared to industry and market?
8975 volatility
8975 Average Weekly Movement1.7%
Office REITs Industry Average Movement1.7%
Market Average Movement3.6%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market1.9%

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

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¥119.57b
Earnings (TTM)JP¥6.65b
Revenue (TTM)JP¥16.14b

18.2x

P/E Ratio

7.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8975 income statement (TTM)
RevenueJP¥16.14b
Cost of RevenueJP¥7.63b
Gross ProfitJP¥8.51b
Other ExpensesJP¥1.86b
EarningsJP¥6.65b

Last Reported Earnings

Apr 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.27k
Gross Margin52.71%
Net Profit Margin41.19%
Debt/Equity Ratio112.9%

How did 8975 perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

51%

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 DateOct 30 2024
Dividend Pay DateJan 22 2025
Days until Ex dividend51 days
Days until Dividend pay date33 days

Does 8975 pay a reliable dividends?

See 8975 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 12:35
End of Day Share Price 2024/12/19 00:00
Earnings2024/04/30
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ichigo Office REIT Investment Corporation is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yew Kiang WongCLSA
Kohei OmuraDaiwa Securities Co. Ltd.
William MontgomeryJefferies LLC