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Finance

Daiwa House REIT Investment Corp.

Business Summary

Daiwa House REIT Investment Corp. engages in the real estate investment trust business with core assets in logistics properties, residential properties, retail properties and hotels. Its investments are mainly in the greater Tokyo, Nagoya and Osaka areas. The company was founded on June 6, 2005 and is headquartered in Tokyo, Japan.

Financial Highlights

Aug 2021 JPYUSD
Revenue60,913.75M568.52M
Gross Profit27,016.02M252.14M
Operating income25,692.72M239.79M
Income before tax22,719.53M212.04M
Net income22,718.32M212.03M
EBITDA40,201.08M375.20M
Diluted EPS10,345.3296.55
Dividends Per Share11,974111.75
Total Assets900,310.89M8,195.07M
Total liabilities410,843.57M3,739.70M
Total equity489,467.31M4,455.37M
Operating cash flow44,175.46M412.30M
Currency in JPYCurrency in USD

Historical Data

 Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021
Revenue 47,574.35M 44,712.15M 54,691.51M 57,292.93M 60,913.75M
Gross Profit 25,540.90M 18,225.43M 21,637.35M 23,195.38M 27,016.02M
Operating income 13,662.77M 17,282.58M 17,822.58M 22,133.46M 25,692.72M
Income before tax 12,362.53M 14,908.84M 17,764.38M 19,063.18M 22,719.53M
Net income 12,361.32M 14,907.63M 17,763.17M 19,061.97M 22,718.32M
EBITDA 27,042.21M 29,295.55M 33,854.04M 36,079.32M 40,201.08M
Diluted EPS 7,664.06 8,309.41 8,881.66 8,924.00 10,345.32
Dividends Per Share 9,764 10,240 11,200 11,467 11,974
Total Assets 682,359.35M 771,281.79M 841,236.43M 899,579.70M 900,310.89M
Total liabilities 305,038.06M 340,685.67M 378,065.44M 408,277.51M 410,843.57M
Total equity 377,321.28M 430,596.11M 463,170.98M 491,302.18M 489,467.31M
Operating cash flow 28,915.30M 28,873.00M 40,695.71M 36,734.75M 44,175.46M
 Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021
Revenue 430.41M 405.13M 495.40M 530.54M 568.52M
Gross Profit 231.07M 165.13M 195.99M 214.79M 252.14M
Operating income 123.61M 156.59M 161.43M 204.95M 239.79M
Income before tax 111.84M 135.08M 160.91M 176.52M 212.04M
Net income 111.83M 135.07M 160.90M 176.51M 212.03M
EBITDA 244.65M 265.44M 306.65M 334.10M 375.20M
Diluted EPS 69.33 75.29 80.45 82.63 96.55
Dividends Per Share 88.33 92.78 101.45 106.18 111.75
Total Assets 6,199.88M 6,955.69M 7,925.35M 8,483.00M 8,195.07M
Total liabilities 2,771.56M 3,072.42M 3,561.78M 3,850.04M 3,739.70M
Total equity 3,428.32M 3,883.26M 4,363.56M 4,632.95M 4,455.37M
Operating cash flow 261.60M 261.61M 368.62M 340.16M 412.30M

Valuation Measures

Aug 2021
PER31.46
ROA2.52%
ROE4.63%
Operating margin42.17%
Profit margin37.29%

Key executives

  • Executive Officer: Toshiharu Asada
  • Supervisory Officer: Hiroshi Ishikawa
  • Supervisory Officer: Junko Ogai

Shareholders

  • Daiwa House Industry Co., Ltd. (8.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.0%)
  • Daiwa Asset Management Co. Ltd. (5.0%)
  • Asset Management One Co., Ltd. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • BlackRock Fund Advisors (2.9%)
  • The Vanguard Group, Inc. (2.8%)
  • Nikko Asset Management Co., Ltd. (2.6%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.5%)
  • BlackRock Japan Co., Ltd. (1.9%)

Contact Details

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