SANKEI REAL ESTATE Inc. logo

SANKEI REAL ESTATE Inc.

2972.T

JPXReal EstateREIT - Office

Latest quote

¥112,400

+¥600 · +0.54%

Aug 24, 3:30 PM JST

2972.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

SANKEI REAL ESTATE Inc., identified by TSE code 2972, made its debut on the Tokyo Stock Exchange's J-REIT market on March 12, 2019. The Trust primarily targets prime office properties in Japan's leading metropolitan areas, including Greater Tokyo, Osaka, and Nagoya. These assets are considered foundational within the country's real estate securitization sector. A portion of its capital is also strategically allocated to "sub assets" – property categories distinct from office buildings. This diversification aims to construct a resilient portfolio, delivering both consistent revenue and appreciative growth, capable of navigating the inherent cycles of the real estate market. For external expansion, SANKEI REAL ESTATE leverages an "asset recycling business model" in collaboration with its sponsor, the Sankei Building Group. This group, an arm of the media conglomerate Fuji Media Holdings, specializes in "Urban Development, Hotels & Resorts," and provides a reliable pipeline of both office properties and complementary "sub assets" that it develops or owns. Internally, the Trust aims to fortify and optimize the profitability of its managed properties over the mid to long term. It achieves this by drawing upon the comprehensive platform of its sponsor group, which encompasses development, operations, property management, and various other essential services. Its fundamental philosophy is centered on maximizing unitholder value over the long run. SANKEI REAL ESTATE pursues this by evolving alongside the J-REIT market as a socially responsible entity, underpinned by the ethos of "Making people, cities & society happy" through the steadfast support of its sponsor.

Industry
REIT - Office
Sector
Real Estate
Headquarters
JP
CEO
Yuichi Ota
Listed since
Mar 12, 2019

Market position

52-week range

Current ¥112,400

Open
¥112,400
Previous close
¥111,800
Volume
583
0.18× average
Average volume
3.25K
Average daily volume
Market cap
52.5B JPY
Beta
0.32
Market reference 1
50-day average
¥112,440
-0.04% below average
200-day average
¥117,088.5
-4.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
84.07B JPY
P/E (TTM)
-18.06×
P/B (TTM)
1.16×
P/S (TTM)
6.45×
EV / EBITDA
25.79×
Earnings yield
5.03%
Free cash flow yield
12.64%
Dividend yield
5.24%

Profitability & efficiency

Gross margin
34.46%
Operating margin
36.32%
Net margin
-35.68%
Return on equity
4.45%
Return on assets
2.14%
Return on invested capital
2.60%

Financial health

Debt / equity
1.09×
Current ratio
0.63×
Altman Z-score
0.61
Piotroski F-score
3 of 9

Earnings

EPS beat rate
86%
6 beats, 1 miss, 0 met estimates
Average EPS surprise
-53.90%
7 comparable reports
Latest EPS result
-8,583
Estimate 2,783 · Miss by 408.41%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4,540.08-158.31-4,856.69-9,555.08Q1 '24No estimateQ2 '24BeatQ3 '24No estimateQ4 '24BeatQ2 '25BeatQ4 '25BeatQ2 '26MissQ4 '26Estimate
Q1 2024, reported Feb 29, 2024: actual 2,220.66, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 15, 2024: actual 2,220, estimate 2,059, surprise +7.82%, Beat. Q3 2024, reported Aug 31, 2024: actual 2,369.2, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 16, 2024: actual 2,369, estimate 2,117, surprise +11.90%, Beat. Q2 2025, reported Apr 15, 2025: actual 2,450, estimate 2,310, surprise +6.06%, Beat. Q4 2025, reported Oct 16, 2025: actual 2,361, estimate 2,342, surprise +0.81%, Beat. Q2 2026, reported Apr 28, 2026: actual -8,583, estimate 2,783, surprise -408.41%, Miss. Q4 2026, reported Oct 16, 2026: actual —, estimate 3,568, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.21B6.16B4.11B2.06BQ1 '24No estimateQ2 '24BeatQ3 '24No estimateQ4 '24BeatQ2 '25BeatQ4 '25BeatQ2 '26MissQ4 '26Estimate
Q1 2024, reported Feb 29, 2024: actual 7.78B JPY, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 15, 2024: actual 7.78B JPY, estimate 2.63B JPY, surprise +195.74%, Beat. Q3 2024, reported Aug 31, 2024: actual 2.46B JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 16, 2024: actual 2.46B JPY, estimate 2.43B JPY, surprise +1.48%, Beat. Q2 2025, reported Apr 15, 2025: actual 2.52B JPY, estimate 2.48B JPY, surprise +1.66%, Beat. Q4 2025, reported Oct 16, 2025: actual 2.61B JPY, estimate 2.6B JPY, surprise +0.42%, Beat. Q2 2026, reported Apr 28, 2026: actual 2.88B JPY, estimate 2.9B JPY, surprise -0.62%, Miss. Q4 2026, reported Oct 16, 2026: actual —, estimate 3.76B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥4,812

2025 complete year-43.9% since 2021

2026 partial: ¥3,532

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

¥3,560

Semi-Annual

Record Aug 31, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend Feb 26, 2026

¥3,532

Semi-Annual

Record Aug 31, 2026

Dividend

Ex-dividend Aug 28, 2025

¥2,361

Semi-Annual

Record Aug 31, 2025 · Payment Nov 25, 2025

Dividend

Ex-dividend Feb 27, 2025

¥2,451

Semi-Annual

Record Feb 28, 2025 · Payment May 26, 2025

Dividend

Ex-dividend Aug 29, 2024

¥2,369

Semi-Annual

Record Aug 31, 2024 · Payment Nov 22, 2024

Dividend

Ex-dividend Feb 28, 2024

¥2,221

Semi-Annual

Record Feb 29, 2024 · Payment May 24, 2024

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