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Daiwa Office Investment TSE:8976 Stock Report

Last Price

JP¥307.50k

Market Cap

JP¥289.7b

7D

1.0%

1Y

-9.3%

Updated

19 Nov, 2024

Data

Company Financials +

Daiwa Office Investment Corporation

TSE:8976 Stock Report

Market Cap: JP¥289.7b

8976 Stock Overview

Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No. More details

8976 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health1/6
Dividends6/6

Daiwa Office Investment Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Daiwa Office Investment
Historical stock prices
Current Share PriceJP¥307,500.00
52 Week HighJP¥347,000.00
52 Week LowJP¥274,500.00
Beta0.43
11 Month Change1.82%
3 Month Change1.49%
1 Year Change-9.29%
33 Year Change-16.44%
5 Year Change-26.44%
Change since IPO34.28%

Recent News & Updates

Recent updates

Shareholder Returns

8976JP Office REITsJP Market
7D1.0%0.06%-1.8%
1Y-9.3%-2.7%11.4%

Return vs Industry: 8976 underperformed the JP Office REITs industry which returned -2.7% over the past year.

Return vs Market: 8976 underperformed the JP Market which returned 11.4% over the past year.

Price Volatility

Is 8976's price volatile compared to industry and market?
8976 volatility
8976 Average Weekly Movement2.1%
Office REITs Industry Average Movement2.0%
Market Average Movement3.9%
10% most volatile stocks in JP Market7.7%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 8976 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 8976's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/an/awww.daiwa-office.co.jp/en/

Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951; including amendments thereto) with Daiwa Real Estate Asset Management Co., Ltd. (former name K.K. daVinci Select) (the “Asset Manager”) as the organizer. After its establishment, the Investment Corporation implemented an additional issuance of investment units through a public offering (99,600 units) on October 18, 2005 and then listed on the Tokyo Stock Exchange, Inc. (TSE) Real Estate Investment Trust Section (stock code: 8976) on the following day.

Daiwa Office Investment Corporation Fundamentals Summary

How do Daiwa Office Investment's earnings and revenue compare to its market cap?
8976 fundamental statistics
Market capJP¥289.67b
Earnings (TTM)JP¥12.41b
Revenue (TTM)JP¥27.22b

23.5x

P/E Ratio

10.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8976 income statement (TTM)
RevenueJP¥27.22b
Cost of RevenueJP¥13.20b
Gross ProfitJP¥14.02b
Other ExpensesJP¥1.61b
EarningsJP¥12.41b

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)13.11k
Gross Margin51.52%
Net Profit Margin45.58%
Debt/Equity Ratio86.7%

How did 8976 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

82%

Payout Ratio

Does 8976 pay a reliable dividends?

See 8976 dividend history and benchmarks
When do you need to buy 8976 by to receive an upcoming dividend?
Daiwa Office Investment dividend dates
Ex Dividend DateNov 28 2024
Dividend Pay DateFeb 17 2025
Days until Ex dividend9 days
Days until Dividend pay date90 days

Does 8976 pay a reliable dividends?

See 8976 dividend history and benchmarks