japan real estate investment
(8952:Tokyo)
japan real estate investment (8952) Snapshot
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Open
¥1,108,000
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Previous Close
¥1,107,000
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Day High
¥1,152,000
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Day Low
¥1,041,000
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52 Week High
04/5/13 - ¥1,412,000
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52 Week Low
05/28/12 - ¥652,000
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Market Cap
631.6B
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Average Volume 10 Days
5.3K
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EPS TTM
¥30,432
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Shares Outstanding
594.1K
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EX-Date
09/26/13
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P/E TM
34.9x
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Dividend
¥30,320
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Dividend Yield
2.90%
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Related News
japan real estate investment (8952) Related Businessweek News
No Related Businessweek News Foundjapan real estate investment (8952) Details
Japan Real Estate Investment Corporation (JREC) is a publicly owned real estate investment firm. The firm principally invests in office buildings in Japan and trust beneficiary rights in real estate trust. It provides its services to tenants in various industries, including nonferrous metals and metal products, temporary staff agency, transport services/travel, textiles, ceramics, communications, construction, machinery, retail and restaurants, real estate, pharmaceuticals, electric devices, services industries, information service, finance, and insurance. The firm primarily invests in real estate markets of Japan. It makes 75 % of its investments in real estate and 25 % in asset related securities which mainly invest in real estate assets. For its real estate investments, the firm invests in real estate, leaseholds of real estate, surface rights, trust beneficiary rights limited to those of trusts entrusted solely of real estate, surface rights, or leaseholds of land, and anonymous partnership equity interests limited to those partnerships that invest solely in real estate, surface rights or leaseholds of real estate. Japan Real Estate Investment Corporation is incorporated in 2001 and is based in Tokyo, Japan.
japan real estate investment (8952) Key Developments
Japan Real Estate Investment Corporation reported earnings results for the year ended September 30, 2012. For the year, the company’s total revenue was JPY 48,282.0 million against JPY 44,966.0 million a year ago. Pre tax profit was JPY 17,277.0 million against JPY 16,273.0 million a year ago. Profit after tax was JPY 17,383.0 million against JPY 15,920.0 million a year ago.
Japan Real Estate Investment Corporation Presents at Daiwa Investment Conference Tokyo 2013, Mar-04-2013 . Venue: The Prince Park Tower Tokyo, Tokyo, Japan.
Japan Real Estate Investment Corporation announced earnings results for the six months ended Sep. 30, 2012. For the period, the company reported operating revenues of JPY 24,222 million, operating income of JPY 10,212 million, income before income taxes of JPY 8,372 million, net income of JPY 8,448 million, FFO of JPY 13,356 million. The company announced dividend of JPY 15,700 per unit. For the 23rd fiscal period (October 1, 2012 to March 31, 2013), the company forecasts operating revenues totaling JPY 25,250 million, operating income totaling JPY 10,540 million, ordinary income totaling JPY 8,610 million, and net income totaling JPY 8,730 million. For the 23rd fiscal period (October 1, 2012 to March 31, 2013), the company plans to declare a cash dividend totaling JPY 15,140 per unit. For the 24th fiscal period (April 1, 2013 to September 30, 2013), the company forecasts operating revenues totaling JPY 26,050 million, operating income totaling JPY 10,920 million, ordinary income totaling JPY 9,070 million, and net income totaling JPY 9,060 million. For the 24th fiscal period (April 1, 2013 to September 30, 2013), the company plans to declare a cash dividend totaling JPY 15,250 per unit.
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| 8952:JP | ¥1,063,000.00 JPY | -44,000.00 | |
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Industry Analysis
8952
Industry Average
| Valuation | 8952 | Industry Range |
| Price/Earnings | 24.9x |
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| Price/Sales | 9.1x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 26.9x |
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| TEV/Sales | 3.3x |
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To contact JAPAN REAL ESTATE INVESTMENT, please visit www.j-re.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.
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