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CRE Logistics REIT, Inc. logo

CRE Logistics REIT, Inc.

3487.T

JPXReal EstateREIT - Diversified

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Latest quote

¥136,800

+¥2,500 · +1.86%

Aug 24, 3:30 PM JST

3487.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Capitalizing on the extensive expertise of the CRE Group, which possesses over five decades of experience in the logistics real estate sector, CRE REIT strategically acquires premium logistics properties. These facilities are meticulously chosen to cater to the diverse requirements of their occupants. The primary objective of these investments is to secure a dependable revenue flow and ultimately boost shareholder value.

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
JP
CEO
Tsuyoshi Ito
Listed since
Feb 7, 2018

Market position

Day range

Current ¥136,800

52-week range

Current ¥136,800

Open
¥134,600
Previous close
¥134,300
Volume
3.58K
1.84× average
Average volume
1.94K
Average daily volume
Market cap
83.91B JPY
Beta
0.33
Market reference 1
50-day average
¥140,294
-2.49% below average
200-day average
¥156,472.5
-12.57% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
169.93B JPY
EV / EBITDA
25.14×
Earnings yield
4.26%
Free cash flow yield
6.79%

Profitability & efficiency

Return on equity
5.40%
Return on assets
2.83%
Return on invested capital
3.33%

Financial health

Current ratio
0.29×
Altman Z-score
0.89
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%61%48%34%Gross margin, FY2021: 67.82%Gross margin, FY2022: 71.34%Gross margin, FY2023: 56.15%Gross margin, FY2024: 64.16%Gross margin, FY2025: 37.65%Operating margin, FY2021: 57.57%Operating margin, FY2022: 61.66%Operating margin, FY2023: 54.97%Operating margin, FY2024: 53.93%Operating margin, FY2025: 51.55%Net margin, FY2021: 49.16%Net margin, FY2022: 55.76%Net margin, FY2023: 47.61%Net margin, FY2024: 46.77%Net margin, FY2025: 43.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.82%. Gross margin FY2022 71.34%. Gross margin FY2023 56.15%. Gross margin FY2024 64.16%. Gross margin FY2025 37.65%. Operating margin FY2021 57.57%. Operating margin FY2022 61.66%. Operating margin FY2023 54.97%. Operating margin FY2024 53.93%. Operating margin FY2025 51.55%. Net margin FY2021 49.16%. Net margin FY2022 55.76%. Net margin FY2023 47.61%. Net margin FY2024 46.77%. Net margin FY2025 43.82%.

Income trends

Revenue

10.14B JPY+10.85%

Operating income

5.23B JPY+5.96%

Net income

4.44B JPY+3.85%
Income trends across reported periods10.82B JPY8.09B JPY5.37B JPY2.64B JPYRevenue, FY2021: 6.76B JPYRevenue, FY2022: 9.63B JPYRevenue, FY2023: 8.76B JPYRevenue, FY2024: 9.15B JPYRevenue, FY2025: 10.14B JPYOperating income, FY2021: 3.89B JPYOperating income, FY2022: 5.94B JPYOperating income, FY2023: 4.82B JPYOperating income, FY2024: 4.93B JPYOperating income, FY2025: 5.23B JPYNet income, FY2021: 3.32B JPYNet income, FY2022: 5.37B JPYNet income, FY2023: 4.17B JPYNet income, FY2024: 4.28B JPYNet income, FY2025: 4.44B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.76B JPY. Revenue FY2022 9.63B JPY. Revenue FY2023 8.76B JPY. Revenue FY2024 9.15B JPY. Revenue FY2025 10.14B JPY. Operating income FY2021 3.89B JPY. Operating income FY2022 5.94B JPY. Operating income FY2023 4.82B JPY. Operating income FY2024 4.93B JPY. Operating income FY2025 5.23B JPY. Net income FY2021 3.32B JPY. Net income FY2022 5.37B JPY. Net income FY2023 4.17B JPY. Net income FY2024 4.28B JPY. Net income FY2025 4.44B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue10.14B JPY9.15B JPY8.76B JPY9.63B JPY6.76B JPY
Cost of goods sold6.32B JPY3.28B JPY3.84B JPY2.76B JPY2.17B JPY
Gross profit3.82B JPY5.87B JPY4.92B JPY6.87B JPY4.58B JPY
Selling, general, and administrative876.19M JPY850.65M JPY50M JPY831.73M JPY620.33M JPY
Operating expenses−1.41B JPY936.01M JPY123.36M JPY932.2M JPY680.95M JPY
Interest income7.68M JPY492K JPY56K JPY64K JPY46K JPY
Interest expense782.05M JPY477.85M JPY613.07M JPY——
Depreciation and amortization1.53B JPY1.52B JPY1.48B JPY1.33B JPY1.21B JPY
Operating income5.23B JPY4.93B JPY4.82B JPY5.94B JPY3.89B JPY
Net income4.44B JPY4.28B JPY4.17B JPY5.37B JPY3.32B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+1.23%
11 comparable reports
Latest EPS result
3,544.38
Estimate 3,542.79 · Beat by 0.04%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3,767.923,523.643,279.363,035.08Q3 '23BeatQ1 '24BeatQ3 '24BeatQ1 '25BeatQ3 '25MissQ1 '26BeatQ3 '26BeatQ1 '27Estimate
Q3 2023, reported Aug 15, 2023: actual 3,361.54, estimate 3,180, surprise +5.71%, Beat. Q1 2024, reported Feb 16, 2024: actual 3,460.73, estimate 3,460, surprise +0.02%, Beat. Q3 2024, reported Aug 16, 2024: actual 3,294.11, estimate 3,283.33, surprise +0.33%, Beat. Q1 2025, reported Feb 17, 2025: actual 3,526, estimate 3,523, surprise +0.09%, Beat. Q3 2025, reported Aug 18, 2025: actual 3,563.12, estimate 3,590, surprise -0.75%, Miss. Q1 2026, reported Feb 17, 2026: actual 3,623, estimate 3,612, surprise +0.30%, Beat. Q3 2026, reported Aug 18, 2026: actual 3,544.38, estimate 3,542.79, surprise +0.04%, Beat. Q1 2027, reported Feb 17, 2027: actual —, estimate 3,356.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.08B4.74B4.39B4.04BQ3 '23MissQ1 '24BeatQ3 '24MissQ1 '25BeatQ3 '25MissQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 15, 2023: actual 4.24B JPY, estimate 4.26B JPY, surprise -0.48%, Miss. Q1 2024, reported Feb 16, 2024: actual 4.53B JPY, estimate 4.53B JPY, surprise +0.00%, Beat. Q3 2024, reported Aug 16, 2024: actual 4.47B JPY, estimate 4.47B JPY, surprise -0.10%, Miss. Q1 2025, reported Feb 17, 2025: actual 4.68B JPY, estimate 4.67B JPY, surprise +0.26%, Beat. Q3 2025, reported Aug 18, 2025: actual 4.71B JPY, estimate 4.72B JPY, surprise -0.15%, Miss. Q1 2026, reported Feb 17, 2026: actual 4.76B JPY, estimate 4.74B JPY, surprise +0.42%, Beat. Q3 2026, reported Aug 18, 2026: actual 4.74B JPY, estimate 4.89B JPY, surprise -3.08%, Miss. Q1 2027, reported Feb 17, 2027: actual —, estimate 4.8B JPY, surprise —, Comparison unavailable.

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