TYO/8976 (TYO/8976)

Tokyo Stock Exchange: TYO/8976 · JPY

¥302,500

-2993.84 (-1.0%)· Recorded snapshot

Market cap	282.8B
Revenue (ttm)	32.6B
Net income (ttm)	15.4B
EPS (ttm)	¥16,489
Shares out	934.7K
P/E (trailing)	18.3x
Dividend	¥14,370 (4.59%)
Volume	3,921
Beta	0.14

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 32.6B
Net income (ttm): 15.4B
EPS (ttm): ¥16,489
P/E (trailing): 18.3x
Market cap: 282.8B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-09-13 02:00 UTC

Forward P/En/a

P25 8.4P50 10.4P75 15.4

Trailing P/E18.3

P25 8.5P50 13.3P75 19.4

ROE6.3

P25 5.9P50 8.6P75 14.6

ROIC3.7

P25 3.3P50 4.2P75 8.3

Benchmarks · 1M

S&P 500-0.9%

Nasdaq Composite-0.4%

Dow Jones Industrial Average-2.3%

Russell 2000-4.1%

All TYO/8976 indicators

Market & fundamental data

Available fields

219

Groups with data

Currency

JPY

Showing 219 of 219 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	Japan
Country code	JP
Employees	124
Enterprise value	JPY 491.3B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
First seen	2026-05-10
Industry	REIT - Office
Industry PE	21.56
Isin	JP3046310003
Last refreshed	2026-09-13
Market cap	JPY 282.8B
Price	JPY 302,500
Price currency	JPY
Rev Per Employee	262,648,709.68x
Sector	Real Estate
Sector PE	13.79
Sic	6798
Symbol	tyo/8976
Website	https://www.daiwa-office.co.jp/en/

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	5.45%
EV Earnings	31.87x
EV/EBIT	27.6x
EV/EBITDA	22.74x
EV/Sales	15.08x
P/B ratio	1.16x
P/E ratio	18.35x
P/S ratio	8.68x
PE Ratio10 Y	25.09x
PE Ratio3 Y	22.28x
PE Ratio5 Y	22.73x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	54.65%
EBITDA Margin	66.32%
Gross margin	56%
Gross Profit	JPY 18.2B
Net Income	JPY 15.4B
Net Income Growth	9.22%
Net Income Growth Q	13.92%
Net Income Growth Qo Q	5.61%
Net Income Growth Quarters	4%
Net Income Growth Years	2%
Net Income Growth3 Y	4.23%
Net Income Growth5 Y	0.99%
Pretax Margin	47.33%
Profit Margin	47.32%
Profit Per Employee	JPY 124.3M
Profitable Quarters	JPY 37
Profitable Years	18
ROA	2.22
Roa5y	1.98
ROCE	3.71
ROE	6.32
Roe5y	5.64
ROIC	3.69
Roic5y	3.35

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	3.67%
Cagr15y	11.12%
Cagr1y	-13.83%
Cagr20y	6.36%
Cagr3y	0.01%
Cagr5y	-0.51%
Div CAGR10	4.48%
Div CAGR3	4.54%
Div CAGR5	2.39%
EPS Growth	10.5
EPS Growth Q	15.15
EPS Growth Qo Q	6.22
EPS Growth Quarters	4
EPS Growth Years	2
EPS Growth3 Y	5.03
EPS Growth5 Y	1.98
OCF Growth	7.27%
OCF Growth Q	1.49%
OCF Growth Qo Q	-1.24%
OCF Growth10 Y	0.25%
OCF Growth3 Y	1.78%
OCF Growth5 Y	0.55%
Revenue Growth	7.05x
Revenue Growth Q	8.57x
Revenue Growth Qo Q	2.84x
Revenue Growth Quarters	4x
Revenue Growth Years	3x
Revenue Growth3 Y	4.01x
Revenue Growth5 Y	1.72x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	JPY 0.06
Assets	JPY 510.9B
Cash	JPY 30.7B
Debt	JPY 239.3B
Debt EBITDA	JPY 11.08
Debt Equity	JPY 0.98
Equity	JPY 243.2B
Interest Coverage	8.47
Liabilities	JPY 267.7B
Net Cash	JPY -208.5B
Net Cash By Market Cap	JPY -73.74
Net Debt EBITDA	JPY 9.65
Net Debt Equity	JPY 0.86
Tangible Book Value	JPY 240.5B
Tangible Book Value Per Share	JPY 257,248
WACC	3.12

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.03
Net Working Capital	JPY -4B
Quick ratio	1.02
Working Capital	JPY 1.1B

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	1.06%
Dividend Growth	13.08%
Dividend Growth Years	0%
Dividend per share	JPY 14,370
Dividend Years	21
Dividend Yield	4.59%
Ex Div Date	2026-05-28
Last Dividend	JPY 7,630
Payout Frequency	Semi-Annual
Payout Ratio	90.98%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	43.34%
1Y total return	-13.82%
200-day SMA	345,375
3Y total return	0.03%
50-day SMA	326,870
50-day SMA vs 200-day SMA	50under200
5Y total return	-2.53%
All Time High	505,000
All Time High Change	-40.1%
All Time High Date	2007-05-02
All Time Low	53,250
All Time Low Change	468.08%
All Time Low Date	2009-02-18
ATR	4,677.9
Beta	0.14
Beta1y	0.11
Beta2y	0.08
Ch YTD	-19.23
High	309,500
High52	391,000
High52 Date	2025-11-25
High52ch	-22.63%
Low	299,500
Low52	299,500
Low52 Date	2026-09-11
Low52ch	0.83%
Ma50ch	-7.46%
Price vs 200-day SMA	-12.41%
RSI	23.3
RSI Monthly	41.25
RSI Weekly	29.74
Sharpe ratio	-1.17x
Sharpe Ratio3y	-0.05x
Sharpe Ratio5y	-0.2x
Sortino ratio	-1.2
Sortino Ratio3y	0.29
Sortino Ratio5y	0.05
Total Return	5.66%
Tr YTD	-17.28
Tr15y	386.29%
Tr1m	-7.07%
Tr1w	-2.73%
Tr3m	-4.87%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	276,858%
Shares Institutions	39.16%
Shares Out	934,745
Shares Qo Q	-0.58%
Shares Yo Y	-1.06%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	1,981.55x
Bv Per Share	260,142.3
Ch10y	-4.12
Ch15y	169.5
Ch1m	-7.07
Ch1w	-2.73
Ch1y	-17.57
Ch20y	17.7
Ch3m	-4.87
Ch3y	-12.57
Ch5y	-21.63
Ch6m	-14.18
Change	-0.98%
Change From Open	-2.26
Close	305,500
Days Gap	1.31
Dollar Volume	1,186,102,500
Earnings Date	2026-10-16
EBIT	JPY 17.8B
EBITDA	JPY 21.6B
EPS	JPY 16,489
F Score	5
Financing CF	2,777,667,000
Fiscal Year End	May
Founded	2,005
Graham Number	310665.80143
Graham Upside	2.7
Income Tax	JPY 1.8M
Investing CF	-33,173,816,000
Is Primary Listing	1
Last Earnings Date	2026-07-17
Last Report Date	2026-05-31
Last Split Date	2024-05-30
Last Split Type	Forward
Lynch Fair Value	JPY 82,445
Lynch Upside	-72.75
Ma150	335,086.7
Ma150ch	-9.72%
Ma20	317,625
Ma20ch	-4.76%
Net CF	-5,899,060,000
Next Earnings Date	2026-10-16
Open	309,500
P OCF Ratio	11.54
Payment Date	2026-08-14
Position In Range	30
Ppne	469,924,778,000
Price Date	2026-09-11
Price EBITDA	JPY 13.09
Ptbv Ratio	1.18
Relative Volume	2.12x
Revenue	32,568,440,000x
Tax By Revenue	0.01x
Tax Rate	0.01%
Tr20y	243.03%
Tr6m	-12.12%
Volume	3,921

Deeper analysis on TYO/8976

14 sections in the full report · jump straight to what you need

Forecast

Bull, base, and bear cases with expected-return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this TYO/8976 report

Is a complete TYO/8976 research report available?

No complete published report is available for tyo/8976 (TYO/8976) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/8976 (TYO/8976)

Tokyo Stock Exchange: TYO/8976 · JPY

¥302,500

-2993.84 (-1.0%)· Recorded snapshot

Market cap	282.8B
Revenue (ttm)	32.6B
Net income (ttm)	15.4B
EPS (ttm)	¥16,489
Shares out	934.7K
P/E (trailing)	18.3x
Dividend	¥14,370 (4.59%)
Volume	3,921
Beta	0.14

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 32.6B
Net income (ttm): 15.4B
EPS (ttm): ¥16,489
P/E (trailing): 18.3x
Market cap: 282.8B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-09-13 02:00 UTC

Forward P/En/a

P25 8.4P50 10.4P75 15.4

Trailing P/E18.3

P25 8.5P50 13.3P75 19.4

ROE6.3

P25 5.9P50 8.6P75 14.6

ROIC3.7

P25 3.3P50 4.2P75 8.3

Benchmarks · 1M

S&P 500-0.9%

Nasdaq Composite-0.4%

Dow Jones Industrial Average-2.3%

Russell 2000-4.1%

All TYO/8976 indicators

Market & fundamental data

Available fields

219

Groups with data

Currency

JPY

Showing 219 of 219 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	Japan
Country code	JP
Employees	124
Enterprise value	JPY 491.3B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
First seen	2026-05-10
Industry	REIT - Office
Industry PE	21.56
Isin	JP3046310003
Last refreshed	2026-09-13
Market cap	JPY 282.8B
Price	JPY 302,500
Price currency	JPY
Rev Per Employee	262,648,709.68x
Sector	Real Estate
Sector PE	13.79
Sic	6798
Symbol	tyo/8976
Website	https://www.daiwa-office.co.jp/en/

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	5.45%
EV Earnings	31.87x
EV/EBIT	27.6x
EV/EBITDA	22.74x
EV/Sales	15.08x
P/B ratio	1.16x
P/E ratio	18.35x
P/S ratio	8.68x
PE Ratio10 Y	25.09x
PE Ratio3 Y	22.28x
PE Ratio5 Y	22.73x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	54.65%
EBITDA Margin	66.32%
Gross margin	56%
Gross Profit	JPY 18.2B
Net Income	JPY 15.4B
Net Income Growth	9.22%
Net Income Growth Q	13.92%
Net Income Growth Qo Q	5.61%
Net Income Growth Quarters	4%
Net Income Growth Years	2%
Net Income Growth3 Y	4.23%
Net Income Growth5 Y	0.99%
Pretax Margin	47.33%
Profit Margin	47.32%
Profit Per Employee	JPY 124.3M
Profitable Quarters	JPY 37
Profitable Years	18
ROA	2.22
Roa5y	1.98
ROCE	3.71
ROE	6.32
Roe5y	5.64
ROIC	3.69
Roic5y	3.35

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	3.67%
Cagr15y	11.12%
Cagr1y	-13.83%
Cagr20y	6.36%
Cagr3y	0.01%
Cagr5y	-0.51%
Div CAGR10	4.48%
Div CAGR3	4.54%
Div CAGR5	2.39%
EPS Growth	10.5
EPS Growth Q	15.15
EPS Growth Qo Q	6.22
EPS Growth Quarters	4
EPS Growth Years	2
EPS Growth3 Y	5.03
EPS Growth5 Y	1.98
OCF Growth	7.27%
OCF Growth Q	1.49%
OCF Growth Qo Q	-1.24%
OCF Growth10 Y	0.25%
OCF Growth3 Y	1.78%
OCF Growth5 Y	0.55%
Revenue Growth	7.05x
Revenue Growth Q	8.57x
Revenue Growth Qo Q	2.84x
Revenue Growth Quarters	4x
Revenue Growth Years	3x
Revenue Growth3 Y	4.01x
Revenue Growth5 Y	1.72x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	JPY 0.06
Assets	JPY 510.9B
Cash	JPY 30.7B
Debt	JPY 239.3B
Debt EBITDA	JPY 11.08
Debt Equity	JPY 0.98
Equity	JPY 243.2B
Interest Coverage	8.47
Liabilities	JPY 267.7B
Net Cash	JPY -208.5B
Net Cash By Market Cap	JPY -73.74
Net Debt EBITDA	JPY 9.65
Net Debt Equity	JPY 0.86
Tangible Book Value	JPY 240.5B
Tangible Book Value Per Share	JPY 257,248
WACC	3.12

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.03
Net Working Capital	JPY -4B
Quick ratio	1.02
Working Capital	JPY 1.1B

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	1.06%
Dividend Growth	13.08%
Dividend Growth Years	0%
Dividend per share	JPY 14,370
Dividend Years	21
Dividend Yield	4.59%
Ex Div Date	2026-05-28
Last Dividend	JPY 7,630
Payout Frequency	Semi-Annual
Payout Ratio	90.98%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	43.34%
1Y total return	-13.82%
200-day SMA	345,375
3Y total return	0.03%
50-day SMA	326,870
50-day SMA vs 200-day SMA	50under200
5Y total return	-2.53%
All Time High	505,000
All Time High Change	-40.1%
All Time High Date	2007-05-02
All Time Low	53,250
All Time Low Change	468.08%
All Time Low Date	2009-02-18
ATR	4,677.9
Beta	0.14
Beta1y	0.11
Beta2y	0.08
Ch YTD	-19.23
High	309,500
High52	391,000
High52 Date	2025-11-25
High52ch	-22.63%
Low	299,500
Low52	299,500
Low52 Date	2026-09-11
Low52ch	0.83%
Ma50ch	-7.46%
Price vs 200-day SMA	-12.41%
RSI	23.3
RSI Monthly	41.25
RSI Weekly	29.74
Sharpe ratio	-1.17x
Sharpe Ratio3y	-0.05x
Sharpe Ratio5y	-0.2x
Sortino ratio	-1.2
Sortino Ratio3y	0.29
Sortino Ratio5y	0.05
Total Return	5.66%
Tr YTD	-17.28
Tr15y	386.29%
Tr1m	-7.07%
Tr1w	-2.73%
Tr3m	-4.87%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	276,858%
Shares Institutions	39.16%
Shares Out	934,745
Shares Qo Q	-0.58%
Shares Yo Y	-1.06%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	1,981.55x
Bv Per Share	260,142.3
Ch10y	-4.12
Ch15y	169.5
Ch1m	-7.07
Ch1w	-2.73
Ch1y	-17.57
Ch20y	17.7
Ch3m	-4.87
Ch3y	-12.57
Ch5y	-21.63
Ch6m	-14.18
Change	-0.98%
Change From Open	-2.26
Close	305,500
Days Gap	1.31
Dollar Volume	1,186,102,500
Earnings Date	2026-10-16
EBIT	JPY 17.8B
EBITDA	JPY 21.6B
EPS	JPY 16,489
F Score	5
Financing CF	2,777,667,000
Fiscal Year End	May
Founded	2,005
Graham Number	310665.80143
Graham Upside	2.7
Income Tax	JPY 1.8M
Investing CF	-33,173,816,000
Is Primary Listing	1
Last Earnings Date	2026-07-17
Last Report Date	2026-05-31
Last Split Date	2024-05-30
Last Split Type	Forward
Lynch Fair Value	JPY 82,445
Lynch Upside	-72.75
Ma150	335,086.7
Ma150ch	-9.72%
Ma20	317,625
Ma20ch	-4.76%
Net CF	-5,899,060,000
Next Earnings Date	2026-10-16
Open	309,500
P OCF Ratio	11.54
Payment Date	2026-08-14
Position In Range	30
Ppne	469,924,778,000
Price Date	2026-09-11
Price EBITDA	JPY 13.09
Ptbv Ratio	1.18
Relative Volume	2.12x
Revenue	32,568,440,000x
Tax By Revenue	0.01x
Tax Rate	0.01%
Tr20y	243.03%
Tr6m	-12.12%
Volume	3,921

Deeper analysis on TYO/8976

14 sections in the full report · jump straight to what you need

Forecast

Bull, base, and bear cases with expected-return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this TYO/8976 report

Is a complete TYO/8976 research report available?

No complete published report is available for tyo/8976 (TYO/8976) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/8976 (TYO/8976)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/8976

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/8976 indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on TYO/8976

Frequently asked questions

TYO/8976 (TYO/8976)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/8976

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/8976 indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on TYO/8976

Frequently asked questions