TYO/3231 (TYO/3231)

Tokyo Stock Exchange: TYO/3231 · JPY

¥868

-9.83 (-1.1%)· Recorded snapshot

Market cap	742.9B
Revenue (ttm)	912.2B
Net income (ttm)	74.4B
EPS (ttm)	¥86.9
Shares out	856.4M
P/E (trailing)	10.0x
P/E (forward)	8.6x
Dividend	¥44.0 (5.07%)
Volume	3,796,400
Beta	0.27

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 912.2B
Net income (ttm): 74.4B
EPS (ttm): ¥86.9
P/E (trailing): 10.0x
P/E (forward): 8.6x
Market cap: 742.9B

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/E8.6

P25 n/aP50 n/aP75 n/a

Trailing P/E10

P25 n/aP50 n/aP75 n/a

ROE9.6

P25 n/aP50 n/aP75 n/a

ROIC4.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TYO/3231 indicators

Market & fundamental data

Available fields

243

Groups with data

Currency

JPY

Showing 243 of 243 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	2026-10-29
Employees	7,176
Employees change	196
Employees growth	2.81%
Enterprise value	JPY 2.3T
Exchange	Tokyo Stock Exchange
Financial currency	JPY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	March
Founded	1957
Industry	Real Estate - Development
Is primary listing	Yes
ISIN number	JP3762900003
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Last stock split date	2025-03-28
Last stock split type	Forward
Market cap	JPY 742.9B
Next earnings date	2026-10-29
Price	JPY 867.50
Price currency	JPY
Sector	Real Estate
SIC code	6552
Stock price date	2026-10-28
Symbol	tyo/3231
Website	https://www.nomura-re-hd.co.jp

Valuation

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

Metric	Value
Average P/E ratio (10Y)	9.52x
Average P/E ratio (3Y)	10.52x
Average P/E ratio (5Y)	9.97x
Earnings yield	10.02%
EV/Earnings	30.4x
EV/EBIT	16.93x
EV/EBITDA	13.85x
EV/Sales	2.48x
FCF / EV yield	-1.07%
FCF yield	-3.27%
Forward P/E	8.61x
Graham number	1353.02807
Graham upside	55.97%
Industry P/E	10.25x
Lynch fair value	JPY 647.00
Lynch upside	-25.42%
P/B ratio	0.93x
P/E ratio	9.98x
P/OCF ratio	16.54x
P/S ratio	0.81x
PEG ratio	1.97x
Price / tangible book value	0.98x
Price/EBITDA ratio	4.74x
Sector P/E	13.74x

Profitability

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

Metric	Value
EBIT margin	13.92%
EBITDA margin	17.18%
Effective tax rate	23.86%
Gross margin	32.18%
Operating margin	13.92%
Pretax margin	10.73%
Profit margin	8.16%
Profit per employee	JPY 8.5M
Profitable quarters	54
Profitable years	22
Revenue per employee	JPY 104.5M
ROA	2.89%
ROA (5Y)	3.05%
ROCE	5.4%
ROE	9.6%
ROE (5Y)	10.1%
ROIC	4.25%
ROIC (5Y)	4.44%
Tax / revenue	2.56%

Growth

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

Metric	Value
EPS growth	1.79%
EPS growth (Q)	-36.14%
EPS growth (QoQ)	-63.13%
EPS growth 10Y	5.81%
EPS growth 3Y	7.32%
EPS growth 5Y	8.74%
EPS growth years	5
Gross profit growth	9.79%
Gross profit growth (Q)	-12.48%
Gross profit growth 3Y	9.27%
Gross profit growth 5Y	8.2%
Net income growth	1.1%
Net income growth (Q)	-36.5%
Net income growth (QoQ)	-63.12%
Net income growth 3Y	6.33%
Net income growth 5Y	7.44%
Net income growth years	5
OCF growth 10Y	12.98%
Operating income growth	8.01%
Operating income growth (Q)	-30.61%
Operating income growth 3Y	8%
Operating income growth 5Y	7.38%
Revenue growth	17.22%
Revenue growth (Q)	-13.71%
Revenue growth (QoQ)	-47.07%
Revenue growth 10Y	5.26%
Revenue growth 3Y	11.14%
Revenue growth 5Y	9.08%
Revenue growth years	5

Financial statements

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

Metric	Value
Capital expenditures	JPY -69.2B
Depreciation and amortization	JPY 29.7B
EBIT	JPY 127B
EBITDA	JPY 156.7B
EPS	JPY 86.92
FCF per share	JPY -28.33
Financing cash flow	JPY 15.6B
Free cash flow	JPY -24.3B
Gross profit	JPY 293.5B
Income taxes	JPY 23.4B
Investing cash flow	JPY -59.1B
Net borrowing	JPY 53.1B
Net cash flow	JPY 948M
Net income	JPY 74.4B
Operating income	JPY 127B
Revenue	JPY 912.2B

Financial strength

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

Metric	Value
Altman Z-Score	1.49
Book value per share	JPY 936.09
Debt / EBITDA	10.83
Debt / equity	2.11
Interest coverage	6.48
Long-term assets	JPY 1.2T
Long-term liabilities	JPY 1.5T
Net cash (debt)	JPY -1.5T
Net cash / market cap	-204.43%
Net debt / EBITDA	9.69
Net debt / equity	1.89
Piotroski F-Score	5
Property, plant and equipment	JPY 771.7B
Shareholders' equity	JPY 802.3B
Tangible book value	JPY 761.9B
Tangible book value per share	JPY 889.64
Total assets	JPY 2.8T
Total cash	JPY 177.8B
Total debt	JPY 1.7T
Total liabilities	JPY 2T
WACC	2.36%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.33
Current assets	JPY 1.7T
Current liabilities	JPY 487.3B
Current ratio	3.43
Inventory turnover	0.5
Net working capital	JPY 1.3T
Quick ratio	0.43
Working capital	JPY 1.2T
Working capital turnover	0.86

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	0.68%
Dividend growth	-58.29%
Dividend growth (10Y)	13.87%
Dividend growth (3Y)	19.17%
Dividend growth (5Y)	20.95%
Dividend growth years	15
Dividend payment date	2026-12-01
Dividend payment years	20
Dividend payout frequency	Semi-Annual
Dividend per share	JPY 44.00
Dividend yield	5.07%
Ex-dividend date	2026-09-29
Last dividend	JPY 22.00
Payout ratio	50.62%
Shareholder yield	5.75%

Performance and technicals

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

Metric	Value
10Y price change	136.25%
10Y return CAGR	13.06%
10Y total return	241.16%
150-day SMA	JPY 942.64
15Y price change	232.63%
15Y return CAGR	11.84%
15Y total return	435.44%
1D price change	-1.12%
1M price change	-4.46%
1M total return	-2.08%
1W price change	-0.37%
1W total return	-0.37%
1Y price change	-7.96%
1Y return CAGR	-3.63%
1Y total return	-3.63%
20-day SMA	JPY 862.41
200-day SMA	JPY 973.02
20Y price change	1.58%
20Y return CAGR	2.94%
20Y total return	78.57%
3M price change	-10.38%
3M total return	-8.15%
3Y price change	24.57%
3Y return CAGR	12.08%
3Y total return	40.79%
50-day SMA	JPY 896.35
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 1,166.00
52-week high date	2026-02-27
52-week low	JPY 835.60
52-week low date	2026-10-15
5Y price change	49.78%
5Y return CAGR	12.78%
5Y total return	82.47%
6M price change	-14.07%
6M total return	-11.93%
All-time high	JPY 1,166.00
All-time high date	2026-02-27
All-time low	JPY 203.60
All-time low date	2010-07-22
Average true range (ATR)	JPY 14.72
Average volume	4.6M
Beta (1Y)	0.51
Beta (2Y)	0.37
Beta (5Y)	0.27
Change from 52-week high	-25.6%
Change from 52-week low	3.82%
Change from all-time high	-25.6%
Change from all-time low	326.08%
Change from open	-1.66%
Day's gap	0.55%
Dollar volume	JPY 3.3B
High price	JPY 882.40
Low price	JPY 867.40
Monthly RSI	47.75
Open price	JPY 882.10
Position in 52-week range	0.67%
Previous close	JPY 877.30
Price vs 150-day SMA	-7.97%
Price vs 20-day SMA	0.59%
Price vs 200-day SMA	-10.84%
Price vs 50-day SMA	-3.22%
Relative volume	0.83
RSI	46.09
Sharpe ratio	-0.07
Sharpe ratio (3Y)	0.29
Sharpe ratio (5Y)	0.47
Sortino ratio	0.14
Sortino ratio (3Y)	0.61
Sortino ratio (5Y)	0.89
Volume	3.8M
Weekly RSI	39.66
YTD price change	-10.29%
YTD total return	-6.07%

Ownership and float

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

Metric	Value
Float	512.4M
Shares change (QoQ)	0.03%
Shares change (YoY)	-0.68%
Shares held by insiders	0.11%
Shares held by institutions	24.65%
Shares outstanding	856.4M

Deeper analysis on TYO/3231

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/3231 report

Is a complete TYO/3231 research report available?

No complete published report is available for tyo/3231 (TYO/3231) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TYO/3231 (TYO/3231)

Price

Financial snapshot

Fair-value bridge

Latest news · TYO/3231

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TYO/3231 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/3231

Frequently asked questions