TYO/8976 (TYO/8976)

Tokyo Stock Exchange: TYO/8976 · JPY

¥295,400

-3013.98 (-1.0%)· Recorded snapshot

Market cap	276.1B
Revenue (ttm)	32.6B
Net income (ttm)	15.4B
EPS (ttm)	¥16,489
Shares out	934.7K
P/E (trailing)	17.9x
Dividend	¥14,370 (4.87%)
Volume	1,685
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): 17.9x
Market cap: 276.1B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E17.9

P25 n/aP50 n/aP75 n/a

ROE6.3

P25 n/aP50 n/aP75 n/a

ROIC3.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/8976 indicators

Market & fundamental data

Available fields

223

Groups with data

Currency

JPY

Showing 223 of 223 available metrics for this ticker.

Profile and market data

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

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-10-23
Employees	124
Enterprise value	JPY 484.6B
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-05-31
First seen	2026-05-10
Fiscal year end	May
Founded	2005
Industry	REIT - Office
Is primary listing	Yes
ISIN number	JP3046310003
Last earnings date	2026-07-17
Last refreshed	2026-10-28
Last stock split date	2024-05-30
Last stock split type	Forward
Market cap	JPY 276.1B
Price	JPY 295,400.00
Price currency	JPY
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tyo/8976
Website	https://www.daiwa-office.co.jp/en/

Valuation

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

Metric	Value
Average P/E ratio (10Y)	25.09x
Average P/E ratio (3Y)	22.28x
Average P/E ratio (5Y)	22.73x
Earnings yield	5.58%
EV/Earnings	31.44x
EV/EBIT	27.23x
EV/EBITDA	22.44x
EV/Sales	14.88x
Graham number	310665.80143
Graham upside	5.17%
Industry P/E	20.61x
Lynch fair value	JPY 82,444.82
Lynch upside	-72.09%
P/B ratio	1.14x
P/E ratio	17.92x
P/OCF ratio	11.27x
P/S ratio	8.48x
Price / tangible book value	1.15x
Price/EBITDA ratio	12.78x
Sector P/E	13.74x

Profitability

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

Metric	Value
EBIT margin	54.65%
EBITDA margin	66.32%
Effective tax rate	0.01%
Gross margin	56%
Operating margin	54.65%
Pretax margin	47.33%
Profit margin	47.32%
Profit per employee	JPY 124.3M
Profitable quarters	37
Profitable years	19
Revenue per employee	JPY 262.6M
ROA	2.22%
ROA (5Y)	1.98%
ROCE	3.71%
ROE	6.32%
ROE (5Y)	5.64%
ROIC	3.69%
ROIC (5Y)	3.35%
Tax / revenue	0.01%

Growth

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

Metric	Value
EPS growth	10.5%
EPS growth (Q)	15.15%
EPS growth (QoQ)	6.22%
EPS growth 10Y	4.85%
EPS growth 3Y	5.03%
EPS growth 5Y	1.98%
EPS growth quarters	4
EPS growth years	2
Net income growth	9.22%
Net income growth (Q)	13.92%
Net income growth (QoQ)	5.61%
Net income growth 3Y	4.23%
Net income growth 5Y	0.99%
Net income growth quarters	4
Net income growth years	2
OCF growth	7.27%
OCF growth (Q)	1.49%
OCF growth (QoQ)	-1.24%
OCF growth 10Y	0.25%
OCF growth 3Y	1.78%
OCF growth 5Y	0.55%
Revenue growth	7.05%
Revenue growth (Q)	8.57%
Revenue growth (QoQ)	2.84%
Revenue growth 10Y	3.01%
Revenue growth 3Y	4.01%
Revenue growth 5Y	1.72%
Revenue growth quarters	4
Revenue growth years	3

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
EBIT	JPY 17.8B
EBITDA	JPY 21.6B
EPS	JPY 16,488.96
Financing cash flow	JPY 2.8B
Gross profit	JPY 18.2B
Income taxes	JPY 1.8M
Investing cash flow	JPY -33.2B
Net cash flow	JPY -5.9B
Net income	JPY 15.4B
Operating income	JPY 17.8B
Revenue	JPY 32.6B

Financial strength

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

Metric	Value
Book value per share	JPY 260,142.31
Debt / EBITDA	11.08
Debt / equity	0.98
Interest coverage	8.47
Net cash (debt)	JPY -208.5B
Net cash / market cap	-75.51%
Net debt / EBITDA	9.65
Net debt / equity	0.86
Piotroski F-Score	5
Property, plant and equipment	JPY 469.9B
Shareholders' equity	JPY 243.2B
Tangible book value	JPY 240.5B
Tangible book value per share	JPY 257,248.31
Total assets	JPY 510.9B
Total cash	JPY 30.7B
Total debt	JPY 239.3B
Total liabilities	JPY 267.7B
WACC	3.1%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.06
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 / dilution	1.06%
Dividend growth	-0.94%
Dividend growth (10Y)	3.39%
Dividend growth (3Y)	2.61%
Dividend growth (5Y)	1.12%
Dividend growth years	0
Dividend payment date	2027-02-15
Dividend payment years	21
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 14,370.00
Dividend yield	4.87%
Ex-dividend date	2026-11-27
Last dividend	JPY 7,170.00
Payout ratio	90.98%
Shareholder yield	5.93%

Performance and technicals

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

Metric	Value
10Y price change	1.51%
10Y return CAGR	4.26%
10Y total return	51.8%
150-day SMA	JPY 322,389.33
15Y price change	213.76%
15Y return CAGR	12.25%
15Y total return	466.29%
1D price change	-1.01%
1M price change	-3.93%
1M total return	-3.93%
1W price change	1.69%
1W total return	1.69%
1Y price change	-21.54%
1Y return CAGR	-17.96%
1Y total return	-17.94%
20-day SMA	JPY 294,545.00
200-day SMA	JPY 334,047.00
20Y price change	14.94%
20Y return CAGR	6.23%
20Y total return	235.05%
3M price change	-14.75%
3M total return	-14.75%
3Y price change	-12.08%
3Y return CAGR	0.2%
3Y total return	0.61%
50-day SMA	JPY 306,248.00
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 391,000.00
52-week high date	2025-11-25
52-week low	JPY 288,500.00
52-week low date	2026-10-08
5Y price change	-19.29%
5Y return CAGR	0.08%
5Y total return	0.4%
6M price change	-12.34%
6M total return	-10.22%
All-time high	JPY 505,000.00
All-time high date	2007-05-02
All-time low	JPY 53,250.00
All-time low date	2009-02-18
Average true range (ATR)	JPY 3,973.20
Average volume	1.7K
Beta (1Y)	0.16
Beta (2Y)	0.09
Beta (5Y)	0.14
Change from 52-week high	-24.45%
Change from 52-week low	2.39%
Change from all-time high	-41.5%
Change from all-time low	454.74%
Change from open	-1.04%
Day's gap	0.03%
Dollar volume	JPY 497.7M
High price	JPY 298,800.00
Low price	JPY 294,300.00
Monthly RSI	39.48
Open price	JPY 298,500.00
Position in 52-week range	24.44%
Previous close	JPY 298,400.00
Price vs 150-day SMA	-8.37%
Price vs 20-day SMA	0.29%
Price vs 200-day SMA	-11.57%
Price vs 50-day SMA	-3.54%
Relative volume	1
RSI	44.27
Sharpe ratio	-1.28
Sharpe ratio (3Y)	-0.17
Sharpe ratio (5Y)	-0.24
Sortino ratio	-1.33
Sortino ratio (3Y)	0.13
Sortino ratio (5Y)	-0.01
Volume	1.7K
Weekly RSI	31.82
YTD price change	-21.12%
YTD total return	-19.21%

Ownership and float

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

Metric	Value
Float	276.9K
Shares change (QoQ)	-0.58%
Shares change (YoY)	-1.06%
Shares held by institutions	39.64%
Shares outstanding	934.7K

Deeper analysis on TYO/8976

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

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

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

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Sensitivity

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

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Risks

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

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

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

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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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 statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TYO/8976

Frequently asked questions