Daiwa House REIT Investment Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Koichi Tsuchida

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.1yrs
CEO ownership	n/a
Management average tenure	8.7yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO

Koichi Tsuchida (64 yo)

10.1yrs

Tenure

Mr. Koichi Tsuchida serves as President and CEO at Daiwa House Asset Management Co., Ltd., an Asset Manager of Daiwa House REIT Investment Corporation, since April 2014. Mr. Tsuchida serves as General Mana...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Koichi Tsuchida	President & CEO of Daiwa House Asset Management Co.	10.1yrs	no data	no data
Hirotaka Uruma	Chief Financial Officer and Director of Finance & Corporate Planning Department	no data	no data	no data
Haruto Tsukamoto	GM, Finance & Corp. Planning Dept. (CFO)	8.3yrs	no data	no data
Masashi Hiratsuka	Compliance Officer	no data	no data	no data
Masahiko Arima	Managing Director	no data	no data	no data
Tsuyoshi Saito	Executive Director	less than a year	no data	no data
Isao Mikam	MD & Deputy Head of Investment Management Division - Daiwa House Asset Mgmt Co Ltd	9.1yrs	no data	no data

8.7yrs

Average Tenure

Experienced Management: 8984's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Koichi Tsuchida	President & CEO of Daiwa House Asset Management Co.	no data	no data	no data
Tsuyoshi Saito	Executive Director	less than a year	no data	no data
Hiroshi Ishikawa	Supervisory Director	10.4yrs	no data	no data
Fusae Kakishima	Substitute Supervisory Director	2.5yrs	no data	no data
Junko Kogayu	Supervisory Director	2.5yrs	no data	no data

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: 8984's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Daiwa House REIT Investment Management

Management criteria checks 1/4

Key information

Recent management updates

No independent directors

No independent directors

Daiwa House Reit Investment Corporation Announces the Retirement of the Haruto Tsukamoto as Director and Deputy Head of Daiwa House Reit Division Effective as of September 30, 2020

Recent updates

First half dividend of JP¥5,750 announced

Daiwa House REIT Investment Corporation (TSE:8984) announces an Equity Buyback for 14,000 shares, representing 0.6% for ¥3,000 million.

First half 2024 earnings released: EPS: JP¥4,473 (vs JP¥4,795 in 1H 2023)

Price target decreased by 9.7% to JP¥287,800

Upcoming dividend of JP¥5,650 per share

Daiwa House REIT Investment Corporation to Report Fiscal Year 2024 Results on Apr 16, 2024

Now 21% overvalued

Full year 2023 earnings released: EPS: JP¥9,633 (vs JP¥9,802 in FY 2022)

Price target decreased by 7.4% to JP¥295,333

Full year 2023 earnings released

Now 21% undervalued after recent price drop

Daiwa House REIT Investment Corporation (TSE:8984) agreed to acquire D Project Kadoma I for ¥3.1 billion.

Upcoming dividend of JP¥5,600 per share at 4.0% yield

Daiwa House REIT Investment Corporation to Report First Half, 2024 Results on Nov 27, 2023

First half 2023 earnings released: EPS: JP¥4,795 (vs JP¥5,040 in 1H 2022)

Upcoming dividend of JP¥5,600 per share at 4.0% yield

Now 20% undervalued after recent price drop

No independent directors

Now 20% undervalued after recent price drop

Full year 2022 earnings released

Daiwa House REIT Investment Corporation to Report First Half, 2023 Results on Nov 25, 2022

Upcoming dividend of JP¥5,600 per share

Now 20% undervalued after recent price drop

No independent directors

First half 2022 earnings released: EPS: JP¥5,040 (vs JP¥5,054 in 1H 2021)

Daiwa House REIT Investment Corporation to Report Second Half, 2022 Results on May 27, 2022

Upcoming dividend of JP¥5,750 per share

Daiwa House REIT Investment Corporation to Report Fiscal Year 2022 Results on Apr 15, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Price target increased to JP¥350,600

Full year 2021 earnings released: EPS JP¥10,345 (vs JP¥8,928 in FY 2020)

Upcoming dividend of JP¥6,050 per share

Daiwa House REIT Investment Corporation (TSE:8984) agreed to acquire 50% stake in GRANODE Hiroshima from Daiwa House Industry Co.,Ltd. (TSE:1925) for ¥14.4 billion.

Price target increased to JP¥339,600

First half 2021 earnings released: EPS JP¥5,054 (vs JP¥4,398 in 1H 2020)

Price target increased to JP¥315,500

First half 2021 earnings released: EPS JP¥5,054 (vs JP¥4,398 in 1H 2020)

Daiwa House REIT Investment Corporation Provides Earnings Guidance for the Ending August 31, 2021 and February 28, 2022

Upcoming Dividend of JP¥5,750 Per Share

Daiwa House REIT Investment Corporation to Report Fiscal Year 2021 Results on Apr 20, 2021

New 90-day high: JP¥277,700

Daiwa House REIT Investment Corporation Properties Receives DBJ Green Building Certification

New 90-day high: JP¥263,100

An unknown buyer entered into an agreement to acquire Castalia Maruyama Urasando from Daiwa House REIT Investment Corporation (TSE:8984) for approximately ¥410 million.

New 90-day low: JP¥240,600

Daiwa House REIT Investment Corporation (TSE:8984) agreed to acquire the trust beneficiary rights of Candeo Hotels Nagasaki Shinchi Chinatown from Daiwa House Industry Co.,Ltd. (TSE:1925) for approximately ¥3.1 billion.

Daiwa House Reit Investment Corporation Announces the Retirement of the Haruto Tsukamoto as Director and Deputy Head of Daiwa House Reit Division Effective as of September 30, 2020

Daiwa House REIT Investment Corporation to Report First Half, 2021 Results on Nov 27, 2020

Daiwa House REIT Investment Corporation (TSE:8984) agreed to acquire Sports Plaza Ibaraki for ¥2.7 billion.

Daiwa House REIT Investment Corporation to Report Fiscal Year 2020 Results on Oct 16, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age