Starts Proceed Investment Corporation

TSE:8979 Stock Report

Market Cap: JP¥48.6b

Starts Proceed Investment Past Earnings Performance

Past criteria checks 5/6

Starts Proceed Investment has been growing earnings at an average annual rate of 0.5%, while the Residential REITs industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 3% per year. Starts Proceed Investment's return on equity is 5.7%, and it has net margins of 37.8%.

Key information

0.5%

Earnings growth rate

-2.0%

EPS growth rate

Residential REITs Industry Growth3.3%
Revenue growth rate3.0%
Return on equity5.7%
Net Margin37.8%
Last Earnings Update31 Oct 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Starts Proceed Investment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8979 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 247,3812,787500
31 Jul 247,2632,707480
30 Apr 247,1452,628460
31 Jan 247,1162,631490
31 Oct 237,0872,633580
31 Jul 236,8982,675510
30 Apr 236,7092,716500
31 Jan 236,5092,607490
31 Oct 226,5042,498550
31 Jul 226,2902,427490
30 Apr 226,2712,355510
31 Oct 216,3542,314680
31 Jul 216,2712,458630
30 Apr 216,2672,576630
31 Oct 206,7042,784700
31 Jul 206,2142,957560
30 Apr 206,7542,836630
31 Jan 206,2072,583570
31 Oct 196,1882,304720
31 Jul 196,2032,319590
30 Apr 196,2242,309660
31 Jan 196,1662,317590
31 Oct 186,1582,264740
31 Jul 186,0702,402580
30 Apr 186,0812,478650
31 Jan 185,9622,447570
31 Oct 176,3462,572700
31 Jul 175,5642,137540
30 Apr 175,2261,859600
31 Jan 174,8481,652500
31 Oct 164,4901,460600
31 Jul 164,4721,429480
30 Apr 164,4601,414540
31 Jan 164,4601,421490
31 Oct 154,4401,402600
31 Jul 154,3081,369500
30 Apr 154,1551,310550
31 Oct 143,8321,168580
30 Apr 143,8521,216600

Quality Earnings: 8979 has high quality earnings.

Growing Profit Margin: 8979's current net profit margins (37.8%) are higher than last year (37.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8979's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: 8979's earnings growth over the past year (5.8%) exceeds its 5-year average (0.5% per year).

Earnings vs Industry: 8979 earnings growth over the past year (5.8%) exceeded the Residential REITs industry 3%.

Return on Equity

High ROE: 8979's Return on Equity (5.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 17:58
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
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

Starts Proceed Investment Corporation is covered by 4 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
null nullDaiwa Securities Co. Ltd.
Yosuke OhataMizuho Securities Co., Ltd.
Hiroshi ToriiSMBC NIKKO