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Daiwa Office Investment Corporation (8976.T)

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294,200.00
+1,400.00
+(0.48%)
At close: April 4 at 3:30:00 PM GMT+9
Loading Chart for 8976.T
  • Previous Close 292,800.00
  • Open 292,800.00
  • Bid 292,700.00 x --
  • Ask 294,400.00 x --
  • Day's Range 291,100.00 - 295,300.00
  • 52 Week Range 272,000.00 - 320,000.00
  • Volume 3,312
  • Avg. Volume 1,988
  • Market Cap (intraday) 278.442B
  • Beta (5Y Monthly) 0.20
  • PE Ratio (TTM) 20.92
  • EPS (TTM) 14,062.76
  • Earnings Date Jan 22, 2025
  • Forward Dividend & Yield 13,840.00 (4.70%)
  • Ex-Dividend Date May 29, 2025
  • 1y Target Est 328,333.34

Daiwa Office Investment Corporation was established on July 11, 2005, in accordance with the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951; including amendments thereto) with Daiwa Real Estate Asset Management Co., Ltd. (former name K.K. daVinci Select) (the “Asset Manager”) as the organizer. After its establishment, the Investment Corporation implemented an additional issuance of investment units through a public offering (99,600 units) on October 18, 2005 and then listed on the Tokyo Stock Exchange, Inc. (TSE) Real Estate Investment Trust Section (stock code: 8976) on the following day. Though initial assets under management were 79,573 million yen (sum total of acquisition price), subsequent activities, such as additional acquisition of properties and replacement of portfolio properties, resulted in the assets under management amounting to 468,886 million yen as of the last day of May 2024. The Investment Corporation strives to secure stable revenue and sustained growth of the investment assets based on a clear portfolio development policy of specializing in investment in office buildings, with a particular focus on investment in a total floor area of more than about 2,000 m2 situated in downtown Tokyo, as well as through dedicated efforts to heighten tenant satisfaction levels.

www.daiwa-office.co.jp/en/

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Full Time Employees

November 30

Fiscal Year Ends

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Performance Overview: 8976.T

Trailing total returns as of 4/4/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 (^N225) .

YTD Return

8976.T
3.56%
Nikkei 225 (^N225)
15.33%

1-Year Return

8976.T
6.52%
Nikkei 225 (^N225)
15.07%

3-Year Return

8976.T
10.80%
Nikkei 225 (^N225)
21.79%

5-Year Return

8976.T
31.98%
Nikkei 225 (^N225)
89.56%

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Statistics: 8976.T

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Valuation Measures

Annual
As of 4/4/2025
  • Market Cap

    278.44B

  • Enterprise Value

    468.44B

  • Trailing P/E

    20.92

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    9.67

  • Price/Book (mrq)

    1.14

  • Enterprise Value/Revenue

    16.27

  • Enterprise Value/EBITDA

    25.66

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    46.47%

  • Return on Assets (ttm)

    1.91%

  • Return on Equity (ttm)

    5.43%

  • Revenue (ttm)

    28.79B

  • Net Income Avi to Common (ttm)

    13.38B

  • Diluted EPS (ttm)

    14,062.76

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    28.52B

  • Total Debt/Equity (mrq)

    80.21%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: 8976.T

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Company Insights: 8976.T

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