TYO/8972 (TYO/8972)

Tokyo Stock Exchange: TYO/8972 · JPY

¥139,600

-1595.51 (-1.1%)· Recorded snapshot

Market cap	563.9B
Revenue (ttm)	79.7B
Net income (ttm)	34B
EPS (ttm)	¥8,422
Shares out	4M
P/E (trailing)	16.6x
Dividend	¥8,454 (6.06%)
Volume	29,102
Beta	0.25

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 79.7B
Net income (ttm): 34B
EPS (ttm): ¥8,422
P/E (trailing): 16.6x
Market cap: 563.9B

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/E16.6

P25 n/aP50 n/aP75 n/a

ROE5.4

P25 n/aP50 n/aP75 n/a

ROIC3.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All TYO/8972 indicators

Market & fundamental data

Available fields

222

Groups with data

Currency

JPY

Showing 222 of 222 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	2026-12-17
Enterprise value	JPY 1.1T
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-04-30
First seen	2026-05-10
Fiscal year end	April
Industry	REIT - Diversified
Is primary listing	Yes
ISIN number	JP3046270009
Last earnings date	2026-06-17
Last refreshed	2026-10-28
Last stock split date	2023-10-30
Last stock split type	Forward
Market cap	JPY 563.9B
Next earnings date	2026-12-17
Price	JPY 139,600.00
Price currency	JPY
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tyo/8972
Website	https://www.kdx-reit.com

Valuation

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

Metric	Value
Average P/E ratio (10Y)	22.82x
Average P/E ratio (3Y)	18.35x
Average P/E ratio (5Y)	20.06x
Earnings yield	6.03%
EV/Earnings	32.63x
EV/EBIT	27.69x
EV/EBITDA	22.05x
EV/Sales	13.92x
Graham number	172494.89135
Graham upside	23.56%
Industry P/E	17.96x
Lynch fair value	JPY 159,006.45
Lynch upside	13.9%
P/B ratio	0.89x
P/E ratio	16.58x
P/OCF ratio	8.47x
P/S ratio	7.07x
Price / tangible book value	0.9x
Price/EBITDA ratio	11.2x
Sector P/E	13.61x

Profitability

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

Metric	Value
EBIT margin	50.28%
EBITDA margin	63.15%
Effective tax rate	0%
Gross margin	52.09%
Operating margin	50.28%
Pretax margin	42.67%
Profit margin	42.67%
Profitable quarters	34
Profitable years	21
ROA	1.99%
ROA (5Y)	2.01%
ROCE	3.54%
ROE	5.38%
ROE (5Y)	6.2%
ROIC	3.29%
ROIC (5Y)	3.39%
Tax / revenue	0%

Growth

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

Metric	Value
EPS growth	1.19%
EPS growth (Q)	1.57%
EPS growth (QoQ)	0.38%
EPS growth 10Y	3.82%
EPS growth 3Y	1.6%
EPS growth 5Y	0.15%
EPS growth quarters	2
EPS growth years	0
Net income growth	0.46%
Net income growth (Q)	1.11%
Net income growth (QoQ)	0.38%
Net income growth 3Y	35.55%
Net income growth 5Y	18.88%
Net income growth quarters	1
Net income growth years	0
OCF growth	-9%
OCF growth (Q)	-38.39%
OCF growth (QoQ)	-37.36%
OCF growth 10Y	7.11%
OCF growth 3Y	40.56%
OCF growth 5Y	18.89%
Revenue growth	1.87%
Revenue growth (Q)	2.56%
Revenue growth (QoQ)	-0.09%
Revenue growth 10Y	10.99%
Revenue growth 3Y	33.43%
Revenue growth 5Y	19.28%
Revenue growth quarters	5
Revenue growth years	4

Financial statements

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

Metric	Value
EBIT	JPY 40.1B
EBITDA	JPY 50.3B
EPS	JPY 8,421.68
Financing cash flow	JPY -6.4B
Funds from operations (FFO)	JPY 42B
Gross profit	JPY 41.5B
Income taxes	JPY 1.2M
Investing cash flow	JPY -52.9B
Net cash flow	JPY 7.2B
Net income	JPY 34B
Operating income	JPY 40.1B
Revenue	JPY 79.7B

Financial strength

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

Metric	Value
Book value per share	JPY 157,025.80
Debt / EBITDA	11.61
Debt / equity	0.92
Interest coverage	7.41
Net cash (debt)	JPY -546.1B
Net cash / market cap	-96.85%
Net debt / EBITDA	10.85
Net debt / equity	0.86
Piotroski F-Score	5
Property, plant and equipment	JPY 1.2T
Shareholders' equity	JPY 634.3B
Tangible book value	JPY 626.6B
Tangible book value per share	JPY 155,131.14
Total assets	JPY 1.3T
Total cash	JPY 38.3B
Total debt	JPY 584.4B
Total liabilities	JPY 642B
WACC	3.23%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.06
Current ratio	0.5
Net working capital	JPY 21.5B
Quick ratio	0.28
Working capital	JPY -72.2B

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.72%
Dividend growth	3.48%
Dividend growth (10Y)	4.33%
Dividend growth (3Y)	-10%
Dividend growth (5Y)	2.8%
Dividend growth years	1
Dividend payment date	2027-01-21
Dividend payment years	22
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 8,454.00
Dividend yield	6.06%
Ex-dividend date	2026-10-29
Last dividend	JPY 4,268.00
Payout ratio	96.77%
Shareholder yield	6.78%

Performance and technicals

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

Metric	Value
10Y price change	-5.83%
10Y return CAGR	4.02%
10Y total return	48.25%
150-day SMA	JPY 154,368.67
15Y price change	154.51%
15Y return CAGR	11.28%
15Y total return	397.12%
1D price change	-1.13%
1M price change	-3.99%
1M total return	-0.96%
1W price change	0.43%
1W total return	3.6%
1Y price change	-20.18%
1Y return CAGR	-13.51%
1Y total return	-13.5%
20-day SMA	JPY 140,425.00
200-day SMA	JPY 158,479.50
20Y price change	-10.66%
20Y return CAGR	4.92%
20Y total return	161.12%
3M price change	-12.86%
3M total return	-10.11%
3Y price change	-14.36%
3Y return CAGR	1%
3Y total return	3.03%
50-day SMA	JPY 144,980.00
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 181,300.00
52-week high date	2025-11-27
52-week low	JPY 137,900.00
52-week low date	2026-10-20
5Y price change	-24.13%
5Y return CAGR	-0.1%
5Y total return	-0.49%
6M price change	-16.06%
6M total return	-11.18%
All-time high	JPY 247,000.00
All-time high date	2007-05-31
All-time low	JPY 25,075.00
All-time low date	2008-10-20
Average true range (ATR)	JPY 1,664.66
Average volume	13K
Beta (1Y)	0.19
Beta (2Y)	0.08
Beta (5Y)	0.25
Change from 52-week high	-23%
Change from 52-week low	1.23%
Change from all-time high	-43.48%
Change from all-time low	456.73%
Change from open	-0.92%
Day's gap	-0.21%
Dollar volume	JPY 4.1B
High price	JPY 140,900.00
Low price	JPY 139,300.00
Monthly RSI	35.59
Open price	JPY 140,900.00
Position in 52-week range	18.75%
Previous close	JPY 141,200.00
Price vs 150-day SMA	-9.57%
Price vs 20-day SMA	-0.59%
Price vs 200-day SMA	-11.91%
Price vs 50-day SMA	-3.71%
Relative volume	2.33
RSI	40.46
Sharpe ratio	-1.29
Sharpe ratio (3Y)	-0.27
Sharpe ratio (5Y)	-0.29
Sortino ratio	-1.3
Sortino ratio (3Y)	-0.03
Sortino ratio (5Y)	-0.09
Volume	29.1K
Weekly RSI	27.4
YTD price change	-20.64%
YTD total return	-16.03%

Ownership and float

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

Metric	Value
Float	1.5M
Shares change (QoQ)	0%
Shares change (YoY)	-0.72%
Shares held by insiders	0%
Shares held by institutions	65.17%
Shares outstanding	4M

Deeper analysis on TYO/8972

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

Forecast

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

→

Valuation

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

→

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.

→

Financials

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

→

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.

→

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/8972 report

Is a complete TYO/8972 research report available?

No complete published report is available for tyo/8972 (TYO/8972) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

563.9B

Revenue (ttm)

79.7B

Net income (ttm)

34B

EPS (ttm)

¥8,422

Shares out

P/E (trailing)

16.6x

Dividend

¥8,454 (6.06%)

Volume

29,102

Beta

0.25

Metric

Value

Amount currency

JPY

Country

Japan

Country code

Earnings date

2026-12-17

Enterprise value

JPY 1.1T

Exchange

Tokyo Stock Exchange

Financial currency

JPY

Financial report date

2026-04-30

First seen

2026-05-10

Fiscal year end

April

Industry

REIT - Diversified

Is primary listing

Yes

ISIN number

JP3046270009

Last earnings date

2026-06-17

Last refreshed

2026-10-28

Last stock split date

2023-10-30

Last stock split type

Forward

Market cap

JPY 563.9B

Next earnings date

2026-12-17

Price

JPY 139,600.00

Price currency

JPY

Sector

Real Estate

SIC code

6798

Stock price date

2026-10-28

Symbol

tyo/8972

Website

https://www.kdx-reit.com

Metric

Value

Average P/E ratio (10Y)

22.82x

Average P/E ratio (3Y)

18.35x

Average P/E ratio (5Y)

20.06x

Earnings yield

6.03%

EV/Earnings

32.63x

EV/EBIT

27.69x

EV/EBITDA

22.05x

EV/Sales

13.92x

Graham number

172494.89135

Graham upside

23.56%

Industry P/E

17.96x

Lynch fair value

JPY 159,006.45

Lynch upside

13.9%

P/B ratio

0.89x

P/E ratio

16.58x

P/OCF ratio

8.47x

P/S ratio

7.07x

Price / tangible book value

0.9x

Price/EBITDA ratio

11.2x

Sector P/E

13.61x

Metric

Value

EBIT margin

50.28%

EBITDA margin

63.15%

Effective tax rate

Gross margin

52.09%

Operating margin

50.28%

Pretax margin

42.67%

Profit margin

42.67%

Profitable quarters

Profitable years

ROA

1.99%

ROA (5Y)

2.01%

ROCE

3.54%

ROE

5.38%

ROE (5Y)

6.2%

ROIC

3.29%

ROIC (5Y)

3.39%

Tax / revenue

Metric

Value

EPS growth

1.19%

EPS growth (Q)

1.57%

EPS growth (QoQ)

0.38%

EPS growth 10Y

3.82%

EPS growth 3Y

1.6%

EPS growth 5Y

0.15%

EPS growth quarters

EPS growth years

Net income growth

0.46%

Net income growth (Q)

1.11%

Net income growth (QoQ)

0.38%

Net income growth 3Y

35.55%

Net income growth 5Y

18.88%

Net income growth quarters

Net income growth years

OCF growth

-9%

OCF growth (Q)

-38.39%

OCF growth (QoQ)

-37.36%

OCF growth 10Y

7.11%

OCF growth 3Y

40.56%

OCF growth 5Y

18.89%

Revenue growth

1.87%

Revenue growth (Q)

2.56%

Revenue growth (QoQ)

-0.09%

Revenue growth 10Y

10.99%

Revenue growth 3Y

33.43%

Revenue growth 5Y

19.28%

Revenue growth quarters

Revenue growth years

Metric

Value

EBIT

JPY 40.1B

EBITDA

JPY 50.3B

EPS

JPY 8,421.68

Financing cash flow

JPY -6.4B

Funds from operations (FFO)

JPY 42B

Gross profit

JPY 41.5B

Income taxes

JPY 1.2M

Investing cash flow

JPY -52.9B

Net cash flow

JPY 7.2B

Net income

JPY 34B

Operating income

JPY 40.1B

Revenue

JPY 79.7B

Metric

Value

Book value per share

JPY 157,025.80

Debt / EBITDA

11.61

Debt / equity

0.92

Interest coverage

7.41

Net cash (debt)

JPY -546.1B

Net cash / market cap

-96.85%

Net debt / EBITDA

10.85

Net debt / equity

0.86

Piotroski F-Score

Property, plant and equipment

JPY 1.2T

Shareholders' equity

JPY 634.3B

Tangible book value

JPY 626.6B

Tangible book value per share

JPY 155,131.14

Total assets

JPY 1.3T

Total cash

JPY 38.3B

Total debt

JPY 584.4B

Total liabilities

JPY 642B

WACC

3.23%

Metric

Value

Asset turnover

0.06

Current ratio

0.5

Net working capital

JPY 21.5B

Quick ratio

0.28

Working capital

JPY -72.2B

Metric

Value

Buyback yield / dilution

0.72%

Dividend growth

3.48%

Dividend growth (10Y)

4.33%

Dividend growth (3Y)

-10%

Dividend growth (5Y)

2.8%

Dividend growth years

Dividend payment date

2027-01-21

Dividend payment years

Dividend payout frequency

Semi-Annual

Dividend per share

JPY 8,454.00

Dividend yield

6.06%

Ex-dividend date

2026-10-29

Last dividend

JPY 4,268.00

Payout ratio

96.77%

Shareholder yield

6.78%

Metric

Value

10Y price change

-5.83%

10Y return CAGR

4.02%

10Y total return

48.25%

150-day SMA

JPY 154,368.67

15Y price change

154.51%

15Y return CAGR

11.28%

15Y total return

397.12%

1D price change

-1.13%

1M price change

-3.99%

1M total return

-0.96%

1W price change

0.43%

1W total return

3.6%

1Y price change

-20.18%

1Y return CAGR

-13.51%

1Y total return

-13.5%

20-day SMA

JPY 140,425.00

200-day SMA

JPY 158,479.50

20Y price change

-10.66%

20Y return CAGR

4.92%

20Y total return

161.12%

3M price change

-12.86%

3M total return

-10.11%

3Y price change

-14.36%

3Y return CAGR

3Y total return

3.03%

50-day SMA

JPY 144,980.00

50-day SMA vs 200-day SMA

50under200

52-week high

JPY 181,300.00

52-week high date

2025-11-27

52-week low

JPY 137,900.00

52-week low date

2026-10-20

5Y price change

-24.13%

5Y return CAGR

-0.1%

5Y total return

-0.49%

6M price change

-16.06%

6M total return

-11.18%

All-time high

JPY 247,000.00

All-time high date

2007-05-31

All-time low

JPY 25,075.00

All-time low date

2008-10-20

Average true range (ATR)

JPY 1,664.66

Average volume

13K

Beta (1Y)

0.19

Beta (2Y)

0.08

Beta (5Y)

0.25

Change from 52-week high

-23%

Change from 52-week low

1.23%

Change from all-time high

-43.48%

Change from all-time low

456.73%

Change from open

-0.92%

Day's gap

-0.21%

Dollar volume

JPY 4.1B

High price

JPY 140,900.00

Low price

JPY 139,300.00

Monthly RSI

35.59

Open price

JPY 140,900.00

Position in 52-week range

18.75%

Previous close

JPY 141,200.00

Price vs 150-day SMA

-9.57%

Price vs 20-day SMA

-0.59%

Price vs 200-day SMA

-11.91%

Price vs 50-day SMA

-3.71%

Relative volume

2.33

RSI

40.46

Sharpe ratio

-1.29

Sharpe ratio (3Y)

-0.27

Sharpe ratio (5Y)

-0.29

Sortino ratio

-1.3

Sortino ratio (3Y)

-0.03

Sortino ratio (5Y)

-0.09

Volume

29.1K

Weekly RSI

27.4

YTD price change

-20.64%

YTD total return

-16.03%

Metric

Value

Float

1.5M

Shares change (QoQ)

Shares change (YoY)

-0.72%

Shares held by insiders

Shares held by institutions

65.17%

Shares outstanding

TYO/8972 (TYO/8972)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/8972

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/8972 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/8972

Frequently asked questions

TYO/8972 (TYO/8972)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/8972

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/8972 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/8972

Frequently asked questions