Stock Analysis
Daiwa House REIT Investment Full Year 2024 Earnings: EPS: JP¥8,820 (vs JP¥9,633 in FY 2023)
Daiwa House REIT Investment (TSE:8984) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥60.5b (up 2.4% from FY 2023).
- Net income: JP¥20.4b (down 8.6% from FY 2023).
- Profit margin: 34% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥8,820 (down from JP¥9,633 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Daiwa House REIT Investment Earnings Insights
In the last 12 months, the only revenue segment was Real Estate Leasing Business contributing JP¥60.5b. The most substantial expense, totaling JP¥5.41b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how 8984's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the REITs industry in Japan are expected to grow by 1.7%.
Performance of the Japanese REITs industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Daiwa House REIT Investment that we have uncovered.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSE:8984
Daiwa House REIT Investment
Our investment strategy is to target a diversified portfolio, focusing on logistics, residential, retail and hotel properties as our core asset classes, as well as other asset classes such as office buildings and healthcare properties.
