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Finance

Heiwa Real Estate Co., Ltd.

Business Summary

Heiwa Real Estate Co., Ltd. engages in leasing, management, and sale of real estate. It operates through the following business segments: Leasing, Real Estate Solutions and Others. The Leasing segment deals with the buildings, leasing, administration, and management of stock exchange facilities, office buildings, commercial facilities and residential properties. The Real Estate Solutions segment handles the development, sale, operation and management of revenue-generating real estate; development and sale of residential buildings; and real estate agency services. The Others segment covers the maintenance and management of building facilities; repair works contracting; and insurance services. The company was founded in July 1947 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue46,639M428.95M
Gross Profit15,091M138.79M
Operating income9,584M88.14M
Income before tax9,972M91.71M
Net income7,046M64.80M
EBITDA15,718M144.56M
Diluted EPS184.811.69
Dividends Per Share560.51
Total Assets339,545M3,145.24M
Total liabilities232,240M2,151.26M
Total equity107,302M993.95M
Operating cash flow28,666M263.65M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 37,355M 41,747M 32,698M 39,480M 46,639M
Gross Profit 12,705M 13,678M 13,304M 13,553M 15,091M
Operating income 6,812M 8,148M 8,076M 8,012M 9,584M
Income before tax 6,431M 6,286M 7,802M 9,700M 9,972M
Net income 4,408M 4,514M 5,288M 6,174M 7,046M
EBITDA 13,668M 14,551M 14,095M 14,102M 15,718M
Diluted EPS 110.49 113.15 132.57 158.72 184.81
Dividends Per Share 26 26 37 48 56
Total Assets 296,511M 293,025M 300,243M 335,572M 339,545M
Total liabilities 201,684M 195,503M 195,337M 226,492M 232,240M
Total equity 94,827M 97,524M 104,900M 109,075M 107,302M
Operating cash flow 10,221M 21,471M 13,147M -12,707M 28,666M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 311.07M 385.52M 295.02M 356.01M 428.95M
Gross Profit 105.80M 126.31M 120.03M 122.21M 138.79M
Operating income 56.72M 75.24M 72.86M 72.24M 88.14M
Income before tax 53.55M 58.04M 70.39M 87.47M 91.71M
Net income 36.70M 41.68M 47.71M 55.67M 64.80M
EBITDA 113.82M 134.37M 127.17M 127.16M 144.56M
Diluted EPS 0.92 1.04 1.19 1.43 1.69
Dividends Per Share 0.21 0.24 0.33 0.43 0.51
Total Assets 2,638.11M 2,629.67M 2,823.15M 3,031.77M 3,145.24M
Total liabilities 1,794.42M 1,754.49M 1,836.73M 2,046.27M 2,151.26M
Total equity 843.69M 875.20M 986.36M 985.45M 993.95M
Operating cash flow 85.11M 198.27M 118.62M -114.58M 263.65M

Valuation Measures

Mar 2020
PER15.14
ROA2.08%
ROE6.51%
Operating margin20.54%
Profit margin15.10%

Key executives

  • President & Representative Director: Kiyoyuki Tsuchimoto
  • Director & Executive Officer: Shinichi Hayashi
  • Executive Officer, Head-Planning & General Affairs: Yuji Nakao
  • Director & Managing Executive Officer: Kazuo Yamada
  • Representative Director: Norio Iwasaki

Shareholders

  • Mitsubishi Estate Co., Ltd. (10.9%)
  • Simplex Asset Management Co., Ltd. (9.9%)
  • T. Rowe Price International Ltd. (4.6%)
  • Principal Real Estate Investors LLC (3.6%)
  • The Vanguard Group, Inc. (3.0%)
  • Dimensional Fund Advisors LP (2.9%)
  • Heiwa Real Estate Co., Ltd. (2.8%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Norges Bank Investment Management (1.9%)
  • Aberdeen Standard Investments (Japan) Ltd. (1.7%)

Contact Details

Related Companies

  • Heiwa Real Estate Board Incentive Plan
  • Hotel Emisia Sapporo
  • Heiwa Healthcare Co., Ltd.
  • Heiwa Service Co. Ltd.
  • Tokyo Shoken Building, Inc.
  • Osaka Shoken Kaikan Co. Ltd.
  • HEIWA REAL ESTATE Asset Management Co., Ltd.

Competitors

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