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LaSalle LOGIPORT REIT

3466.T

JPXReal EstateREIT - Industrial

Open in GoAI

Latest quote

¥149,600

+¥800 · +0.54%

Aug 24, 3:30 PM JST

3466.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

LaSalle LOGIPORT REIT (LLR) is a Japanese real estate investment trust focused exclusively on logistics properties, operating under the sponsorship of the internationally recognized LaSalle Investment Management group. The logistics real estate sector has demonstrated continuous expansion and market growth over the last few years. LLR intends to develop a high-quality asset collection, strategically focusing on the Tokyo and Osaka regions due to their strong, consistent demand from consumer-centric logistics tenants. Its investment strategy is directed towards facilities that are optimally designed to support tenants' requirements for integrated and highly efficient logistics operations. The LaSalle Group is a preeminent global leader in real estate investment management, with a substantial history and pioneering expertise in Japan's logistics development and investment landscape. By harnessing the extensive support and experience provided by the LaSalle Group, LLR endeavors to execute effective internal growth, external acquisition, and financial strategies, all aimed at maximizing asset values and cash flows to ensure enduring stability for its investors.

Industry
REIT - Industrial
Sector
Real Estate
Headquarters
JP
CEO
Taira Jigami
Listed since
Feb 17, 2016

Market position

Day range

Current ¥149,600

52-week range

Current ¥149,600

Open
¥149,000
Previous close
¥148,800
Volume
5.49K
1.14× average
Average volume
4.82K
Average daily volume
Market cap
259.83B JPY
Beta
0.29
Market reference 1
50-day average
¥148,192
+0.95% above average
200-day average
¥152,562
-1.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
409.47B JPY
P/E (TTM)
21.43×
P/B (TTM)
1.32×
P/S (TTM)
8.52×
EV / EBITDA
23.79×
Earnings yield
5.04%
Free cash flow yield
9.85%
Dividend yield
5.10%

Profitability & efficiency

Gross margin
54.57%
Operating margin
46.85%
Net margin
41.26%
Return on equity
6.04%
Return on assets
3.26%
Return on invested capital
3.72%

Financial health

Debt / equity
0.84×
Current ratio
1.13×
Altman Z-score
1.3
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%63%52%42%Gross margin, FY2021: 69.34%Gross margin, FY2022: 66.92%Gross margin, FY2023: 52.25%Gross margin, FY2024: 70.72%Gross margin, FY2025: 70.51%Operating margin, FY2021: 55.86%Operating margin, FY2022: 53.43%Operating margin, FY2023: 51.53%Operating margin, FY2024: 44.58%Operating margin, FY2025: 55.75%Net margin, FY2021: 49.25%Net margin, FY2022: 47.92%Net margin, FY2023: 45.90%Net margin, FY2024: 50.65%Net margin, FY2025: 49.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 69.34%. Gross margin FY2022 66.92%. Gross margin FY2023 52.25%. Gross margin FY2024 70.72%. Gross margin FY2025 70.51%. Operating margin FY2021 55.86%. Operating margin FY2022 53.43%. Operating margin FY2023 51.53%. Operating margin FY2024 44.58%. Operating margin FY2025 55.75%. Net margin FY2021 49.25%. Net margin FY2022 47.92%. Net margin FY2023 45.90%. Net margin FY2024 50.65%. Net margin FY2025 49.65%.

Income trends

Revenue

25.99B JPY+1.68%

Operating income

14.49B JPY+27.16%

Net income

12.9B JPY-0.33%
Income trends across reported periods27.6B JPY21.18B JPY14.77B JPY8.35B JPYRevenue, FY2021: 20.21B JPYRevenue, FY2022: 21.37B JPYRevenue, FY2023: 22.2B JPYRevenue, FY2024: 25.56B JPYRevenue, FY2025: 25.99B JPYOperating income, FY2021: 11.29B JPYOperating income, FY2022: 11.42B JPYOperating income, FY2023: 11.44B JPYOperating income, FY2024: 11.4B JPYOperating income, FY2025: 14.49B JPYNet income, FY2021: 9.95B JPYNet income, FY2022: 10.24B JPYNet income, FY2023: 10.19B JPYNet income, FY2024: 12.95B JPYNet income, FY2025: 12.9B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 20.21B JPY. Revenue FY2022 21.37B JPY. Revenue FY2023 22.2B JPY. Revenue FY2024 25.56B JPY. Revenue FY2025 25.99B JPY. Operating income FY2021 11.29B JPY. Operating income FY2022 11.42B JPY. Operating income FY2023 11.44B JPY. Operating income FY2024 11.4B JPY. Operating income FY2025 14.49B JPY. Net income FY2021 9.95B JPY. Net income FY2022 10.24B JPY. Net income FY2023 10.19B JPY. Net income FY2024 12.95B JPY. Net income FY2025 12.9B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue25.99B JPY25.56B JPY22.2B JPY21.37B JPY20.21B JPY
Cost of goods sold7.66B JPY7.83B JPY10.6B JPY7.07B JPY6.2B JPY
Gross profit18.33B JPY18.08B JPY11.6B JPY14.3B JPY14.02B JPY
Selling, general, and administrative3.61B JPY3.53B JPY36.87M JPY2.78B JPY2.59B JPY
Operating expenses3.84B JPY314M JPY158.42M JPY2.88B JPY2.72B JPY
Interest income34.97M JPY−296.61M JPY260K JPY259K JPY241K JPY
Interest expense1.26B JPY1.05B JPY914.63M JPY877.62M JPY814.09M JPY
Depreciation and amortization3.04B JPY3.09B JPY2.91B JPY2.85B JPY2.62B JPY
Operating income14.49B JPY11.4B JPY11.44B JPY11.42B JPY11.29B JPY
Net income12.9B JPY12.95B JPY10.19B JPY10.24B JPY9.95B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+0.62%
11 comparable reports
Latest EPS result
3,353
Estimate 3,380 · Miss by 0.80%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3,954.63,486.953,019.32,551.65Q2 '23BeatQ4 '23BeatQ2 '24BeatQ4 '24BeatQ2 '25MissQ4 '25BeatQ2 '26MissQ4 '26Estimate
Q2 2023, reported Apr 17, 2023: actual 2,856, estimate 2,851.5, surprise +0.16%, Beat. Q4 2023, reported Oct 16, 2023: actual 2,811, estimate 2,703.75, surprise +3.97%, Beat. Q2 2024, reported Apr 15, 2024: actual 3,554, estimate 3,540, surprise +0.40%, Beat. Q4 2024, reported Oct 15, 2024: actual 3,376, estimate 3,360, surprise +0.48%, Beat. Q2 2025, reported Apr 21, 2025: actual 3,395, estimate 3,505, surprise -3.14%, Miss. Q4 2025, reported Oct 21, 2025: actual 3,627, estimate 3,620, surprise +0.19%, Beat. Q2 2026, reported Apr 22, 2026: actual 3,353, estimate 3,380, surprise -0.80%, Miss. Q4 2026, reported Oct 9, 2026: actual —, estimate 3,802.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates26.67B21.02B15.37B9.72BQ2 '23BeatQ4 '23MissQ2 '24MissQ4 '24MissQ2 '25BeatQ4 '25BeatQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Apr 17, 2023: actual 10.98B JPY, estimate 10.89B JPY, surprise +0.83%, Beat. Q4 2023, reported Oct 16, 2023: actual 11.22B JPY, estimate 13.17B JPY, surprise -14.82%, Miss. Q2 2024, reported Apr 15, 2024: actual 13.12B JPY, estimate 13.15B JPY, surprise -0.20%, Miss. Q4 2024, reported Oct 15, 2024: actual 12.78B JPY, estimate 25.5B JPY, surprise -49.87%, Miss. Q2 2025, reported Apr 21, 2025: actual 12.76B JPY, estimate 12.75B JPY, surprise +0.05%, Beat. Q4 2025, reported Oct 21, 2025: actual 13.24B JPY, estimate 13.22B JPY, surprise +0.12%, Beat. Q2 2026, reported Apr 22, 2026: actual 12.47B JPY, estimate 12.39B JPY, surprise +0.65%, Beat. Q4 2026, reported Oct 9, 2026: actual —, estimate 13.02B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥7,915

2025 complete year+26.2% since 2021

2026 partial: ¥3,725

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

¥4,040

Semi-Annual

Record Aug 31, 2026

Dividend

Ex-dividend Feb 26, 2026

¥3,725

Semi-Annual

Record Feb 28, 2026 · Payment May 27, 2026

Dividend

Ex-dividend Aug 28, 2025

¥3,910

Semi-Annual

Record Aug 31, 2025 · Payment Nov 21, 2025

Dividend

Ex-dividend Feb 27, 2025

¥4,005

Semi-Annual

Record Feb 28, 2025 · Payment May 27, 2025

Dividend

Ex-dividend Aug 29, 2024

¥3,626

Semi-Annual

Record Aug 31, 2024 · Payment Aug 29, 2024

Dividend

Ex-dividend Feb 28, 2024

¥3,802

Semi-Annual

Record Feb 29, 2024 · Payment May 21, 2024

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