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Finance

Frontier Real Estate Investment Corp.

Business Summary

Frontier Real Estate Investment Corp. engages in the management of closed-end real estate investment trust funds. It handles real estate property and security investments. Its investment properties include shopping centers, large-scale retail facilities, and buildings in urban centers. The company was founded on May 12, 2004 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue22,156.98M201.65M
Gross Profit12,262.29M111.60M
Operating income11,998.65M109.20M
Income before tax11,427.23M104.00M
Net income11,425.34M103.98M
EBITDA16,165.45M147.12M
Diluted EPS21,723.64197.71
Dividends Per Share21,719197.67
Total Assets330,060.02M2,866.22M
Total liabilities155,613.48M1,351.33M
Total equity174,446.54M1,514.88M
Operating cash flow15,022.37M136.72M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 20,146.93M 20,589.54M 25,255.34M 21,453.69M 22,156.98M
Gross Profit 10,861.64M 11,120.20M 10,992.65M 11,652.61M 12,262.29M
Operating income 10,022.12M 10,325.17M 10,171.97M 11,377.06M 11,998.65M
Income before tax 10,005.11M 10,157.51M 10,132.47M 10,837.04M 11,427.23M
Net income 10,003.33M 10,155.85M 10,130.64M 10,835.32M 11,425.34M
EBITDA 14,821.38M 15,023.19M 14,621.36M 15,417.55M 16,165.45M
Diluted EPS 20,168.01 20,475.51 20,106.63 21,111.52 21,723.64
Dividends Per Share 20,168 20,476 21,016 21,214 21,719
Total Assets 272,792.06M 280,006.31M 308,815.07M 309,407.16M 330,060.02M
Total liabilities 120,980.12M 128,127.16M 147,239.68M 150,458.23M 155,613.48M
Total equity 151,811.93M 151,879.15M 161,575.38M 158,948.92M 174,446.54M
Operating cash flow 14,857.56M 14,439.34M 19,189.01M 15,409.52M 15,022.37M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 179.66M 186.42M 231.67M 200.93M 201.65M
Gross Profit 96.86M 100.68M 100.84M 109.13M 111.60M
Operating income 89.37M 93.48M 93.31M 106.55M 109.20M
Income before tax 89.22M 91.97M 92.94M 101.50M 104.00M
Net income 89.20M 91.95M 92.93M 101.48M 103.98M
EBITDA 132.17M 136.02M 134.12M 144.40M 147.12M
Diluted EPS 179.85 185.39 184.44 197.73 197.71
Dividends Per Share 179.85 185.39 192.78 198.69 197.67
Total Assets 2,421.58M 2,552.12M 2,841.63M 2,996.82M 2,866.22M
Total liabilities 1,073.94M 1,167.81M 1,354.86M 1,457.29M 1,351.33M
Total equity 1,347.64M 1,384.30M 1,486.77M 1,539.53M 1,514.88M
Operating cash flow 132.49M 130.74M 176.02M 144.32M 136.72M

Valuation Measures

Dec 2021
PER22.87
ROA3.57%
ROE6.85%
Operating margin54.15%
Profit margin51.56%

Key executives

  • Executive Officer: Takao Iwadou
  • Supervisory Officer: Toshio Suzuki
  • Supervisory Officer: Koji Iida
  • Supervisory Officer: Noriko Suzuki

Shareholders

  • Mitsui Fudosan Co., Ltd. (5.3%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Daiwa Asset Management Co. Ltd. (4.7%)
  • Bank of Japan (4.6%)
  • Asset Management One Co., Ltd. (4.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.8%)
  • The Vanguard Group, Inc. (2.8%)
  • BlackRock Fund Advisors (2.5%)
  • Nikko Asset Management Co., Ltd. (2.5%)

Contact Details

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Competitors

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