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Finance

Kenedix Office Investment Corp.

Business Summary

Kenedix Office Investment Corp. operates as a real estate investment trust company. The company primarily invests in the real estate, chiefly office buildings, housing and commercial buildings located in Tokyo and regional economic areas. Its property portfolio includes KDX Nihonbashi 313 Building, Higashi-Kayabacho Yuraku Building, Harajuku FF Building, Ark Mori Building, Ginza 4-chome Tower, Portas Center Building and others; and also the asset manager of the company is Kenedix Real Estate Fund Management Inc. The company was founded on May 6, 2005 and is headquartered in Tokyo, Japan.

Financial Highlights

Oct 2021 JPYUSD
Revenue34,336.44M317.38M
Gross Profit15,047.53M139.08M
Operating income14,839.66M137.16M
Income before tax12,928.65M119.50M
Net income12,926.17M119.48M
EBITDA20,200.57M186.72M
Diluted EPS30,165.39278.82
Dividends Per Share29,384271.60
Total Assets456,327.61M4,001.99M
Total liabilities225,782.75M1,980.11M
Total equity230,544.85M2,021.87M
Operating cash flow20,875.33M192.95M
Currency in JPYCurrency in USD

Historical Data

 Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021
Revenue 52,087.74M 46,187.94M 34,927.87M 37,479.37M 34,336.44M
Gross Profit 12,320.86M 14,496.51M 14,369.48M 15,990.39M 15,047.53M
Operating income 9,432.68M 11,997.48M 12,050.39M 15,456.13M 14,839.66M
Income before tax 9,341.89M 11,939.07M 12,025.68M 13,488.54M 12,928.65M
Net income 9,339.51M 11,936.73M 12,023.17M 13,486.09M 12,926.17M
EBITDA 16,441.28M 18,917.64M 19,036.96M 20,705.35M 20,200.57M
Diluted EPS 23,067 28,770.06 28,058.10 31,472.05 30,165.39
Dividends Per Share 24,233 26,418 27,358 29,796 29,384
Total Assets 414,933.66M 437,221.07M 439,773.20M 459,719.68M 456,327.61M
Total liabilities 202,082.25M 207,907.49M 210,497.09M 229,054.60M 225,782.75M
Total equity 212,851.40M 229,313.58M 229,276.10M 230,665.07M 230,544.85M
Operating cash flow 38,768.64M 32,946.19M 21,183.29M 24,497.11M 20,875.33M
 Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021
Revenue 464.94M 418.14M 318.61M 348.39M 317.38M
Gross Profit 109.97M 131.23M 131.07M 148.64M 139.08M
Operating income 84.19M 108.61M 109.92M 143.67M 137.16M
Income before tax 83.38M 108.08M 109.69M 125.38M 119.50M
Net income 83.36M 108.06M 109.67M 125.36M 119.48M
EBITDA 146.75M 171.26M 173.65M 192.47M 186.72M
Diluted EPS 205.90 260.45 255.94 292.55 278.82
Dividends Per Share 216.30 239.16 249.55 276.97 271.60
Total Assets 3,651.62M 3,874.18M 4,068.01M 4,397.54M 4,001.99M
Total liabilities 1,778.42M 1,842.25M 1,947.15M 2,191.07M 1,980.11M
Total equity 1,873.19M 2,031.93M 2,120.86M 2,206.47M 2,021.87M
Operating cash flow 346.05M 298.26M 193.23M 227.71M 192.95M

Valuation Measures

Oct 2021
PER23.90
ROA2.82%
ROE5.60%
Operating margin43.21%
Profit margin37.64%

Key executives

  • Supervisory Officer: Shiro Toba
  • Supervisory Officer: Yoshihiro Morishima
  • Supervisory Officer: Takahiro Seki

Shareholders

  • Nomura Asset Management Co., Ltd. (5.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.2%)
  • Daiwa Asset Management Co. Ltd. (5.2%)
  • Shinkin Asset Management Co., Ltd. (4.3%)
  • PGGM Vermogensbeheer BV (4.2%)
  • Asset Management One Co., Ltd. (4.1%)
  • Sumitomo Mitsui Finance & Leasing Co., Ltd. (3.6%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.9%)
  • The Vanguard Group, Inc. (2.7%)

Contact Details

  • Website:http://www.kdo-reit.com
  • Address: 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, 103-0026, Japan
  • Phone: +81.3.5157.6010

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Competitors

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