Global One Real Estate Investment Past Earnings Performance

Past criteria checks 2/6

Global One Real Estate Investment has been growing earnings at an average annual rate of 9.4%, while the REITs industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 4.7% per year. Global One Real Estate Investment's return on equity is 4.8%, and it has net margins of 40.6%.

Key information

9.4%

Earnings growth rate

-12.8%

EPS growth rate

REITs Industry Growth	19.4%
Revenue growth rate	4.7%
Return on equity	4.8%
Net Margin	40.6%
Last Earnings Update	31 Mar 2022

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Global One Real Estate Investment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:GBRS.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 22	11,343	4,606	165
31 Dec 21	11,395	4,655	165
30 Sep 21	11,447	4,704	165
31 Mar 21	11,419	4,702	164
31 Dec 20	11,505	4,660	163
30 Sep 20	11,590	4,619	163
31 Mar 20	12,053	4,876	161
31 Dec 19	11,736	4,712	135
30 Sep 19	11,419	4,549	133
30 Jun 19	10,923	4,191	133
31 Mar 19	10,427	3,833	155
31 Dec 18	10,370	3,767	136
30 Sep 18	10,313	3,700	140
30 Jun 18	10,282	3,634	142
31 Mar 18	10,251	3,568	167
31 Dec 17	9,909	3,391	141
30 Sep 17	9,566	3,213	138
30 Jun 17	9,213	3,046	135
31 Mar 17	8,860	2,878	152
31 Dec 16	8,686	2,690	133
30 Sep 16	8,512	2,501	134
30 Jun 16	8,241	2,252	135
31 Mar 16	8,152	2,150	176
31 Dec 15	8,564	2,508	136

Quality Earnings: GBRS.F has high quality earnings.

Growing Profit Margin: GBRS.F's current net profit margins (40.6%) are lower than last year (41.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GBRS.F's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: GBRS.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GBRS.F had negative earnings growth (-2%) over the past year, making it difficult to compare to the REITs industry average (37.9%).

Return on Equity

High ROE: GBRS.F's Return on Equity (4.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/04 05:07
End of Day Share Price	2022/07/07 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Global One Real Estate Investment Corp. is covered by 8 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Junichi Tazawa	Barclays
Noritaka Hobo	Daiwa Securities Co. Ltd.
null null	Daiwa Securities Co. Ltd.

Global One Real Estate Investment Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Recent updates

Daibiru Corporation completed the acquisition of additional 5% stake in Otemachi First Square from Global One Real Estate Investment Corp. (TSE:8958) for ¥1.4 billion.

Global One Real Estate Investment Corp. Revises Dividend Forecast for the Six-Month Period Ending September 2024 and the Six-Month Period Ending March 2025

Global One Real Estate Investment Corp. (TSE:8958) announces an Equity Buyback for 25,000 shares, representing 2.44% for ¥2,000 million.

Global One Real Estate Investment Corp. (TSE:8958) agreed to acquire 5% ownership in Shin-Daibiru Building and 20% ownership in Tosabori Daibiru Building from Daibiru Corporation for ¥8 billion.

Nippon Building Fund Incorporation (TSE:8951) agreed to acquire Yodoyabashi Flex Tower from Global One Real Estate Investment Corp. (TSE:8958) for ¥9.8 billion.

Global One Real Estate Investment Corp. Provides Earnings Guidance for the Six-Months Ending September 30, 2023 and Year Ending March 31, 2024

Global One Real Estate Investment Corp. (TSE:8958) agreed to acquire Tomatsu Building from Fuyo General Lease Co., Ltd. for ¥17.3 billion.

Daibiru Corporation agreed to acquire Otemachi First Square from Global One Real Estate Investment Corp. (TSE:8958) for ¥ 27000 million.

Global One Real Estate Investment Corp. (TSE:8958) entered into a purchase and sale agreement to acquire THE PEAK SAPPORO from Fuyo General Lease Co., Ltd. (TSE:8424) for ¥17 billion.