GoAI
Get started
LAND Co., Ltd. logo

LAND Co., Ltd.

8918.T

JPXReal EstateReal Estate - Development

Open in GoAI

Latest quote

¥11.00

+¥1.00 · +10.00%

Aug 24, 1:21 PM JST

8918.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Founded in 1996, LAND Co., Ltd. operates within the real estate industry and is headquartered in Yokohama, Japan.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
JP
CEO
Masaki Matsutani
Listed since
Feb 14, 2007
Employees
11

Market position

Day range

Current ¥11.00

52-week range

Current ¥11.00

Open
¥11.00
Previous close
¥10.00
Volume
328.43M
1.21× average
Average volume
271.81M
Average daily volume
Market cap
16.92B JPY
Beta
0.11
Market reference 1
50-day average
¥10.14
+8.48% above average
200-day average
¥9.66
+13.87% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.09B JPY
EV / EBITDA
26.05×
Earnings yield
2.89%
Free cash flow yield
0.00%

Profitability & efficiency

Return on equity
4.83%
Return on assets
4.29%
Return on invested capital
3.85%

Financial health

Current ratio
17.95×
Altman Z-score
9.78
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 trends73%50%28%5%Gross margin, FY2021: 67.06%Gross margin, FY2022: 47.86%Gross margin, FY2023: 44.40%Gross margin, FY2024: 34.21%Gross margin, FY2025: 36.36%Operating margin, FY2021: 47.73%Operating margin, FY2022: 31.54%Operating margin, FY2023: 10.96%Operating margin, FY2024: 19.19%Operating margin, FY2025: 14.31%Net margin, FY2021: 55.18%Net margin, FY2022: 31.12%Net margin, FY2023: 11.42%Net margin, FY2024: 17.17%Net margin, FY2025: 14.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 67.06%. Gross margin FY2022 47.86%. Gross margin FY2023 44.40%. Gross margin FY2024 34.21%. Gross margin FY2025 36.36%. Operating margin FY2021 47.73%. Operating margin FY2022 31.54%. Operating margin FY2023 10.96%. Operating margin FY2024 19.19%. Operating margin FY2025 14.31%. Net margin FY2021 55.18%. Net margin FY2022 31.12%. Net margin FY2023 11.42%. Net margin FY2024 17.17%. Net margin FY2025 14.78%.

Income trends

Revenue

3.01B JPY-40.94%

Operating income

430.27M JPY-55.96%

Net income

444.48M JPY-49.16%
Income trends across reported periods5.58B JPY3.63B JPY1.69B JPY−255.93M JPYRevenue, FY2021: 3.03B JPYRevenue, FY2022: 4.1B JPYRevenue, FY2023: 2.1B JPYRevenue, FY2024: 5.09B JPYRevenue, FY2025: 3.01B JPYOperating income, FY2021: 1.44B JPYOperating income, FY2022: 1.29B JPYOperating income, FY2023: 230.26M JPYOperating income, FY2024: 977.02M JPYOperating income, FY2025: 430.27M JPYNet income, FY2021: 1.67B JPYNet income, FY2022: 1.28B JPYNet income, FY2023: 240.05M JPYNet income, FY2024: 874.31M JPYNet income, FY2025: 444.48M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.03B JPY. Revenue FY2022 4.1B JPY. Revenue FY2023 2.1B JPY. Revenue FY2024 5.09B JPY. Revenue FY2025 3.01B JPY. Operating income FY2021 1.44B JPY. Operating income FY2022 1.29B JPY. Operating income FY2023 230.26M JPY. Operating income FY2024 977.02M JPY. Operating income FY2025 430.27M JPY. Net income FY2021 1.67B JPY. Net income FY2022 1.28B JPY. Net income FY2023 240.05M JPY. Net income FY2024 874.31M JPY. Net income FY2025 444.48M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue3.01B JPY5.09B JPY2.1B JPY4.1B JPY3.03B JPY
Cost of goods sold1.91B JPY3.35B JPY1.17B JPY2.14B JPY997M JPY
Gross profit1.09B JPY1.74B JPY933.01M JPY1.96B JPY2.03B JPY
Selling, general, and administrative—757.38M JPY634M JPY577M JPY464M JPY
Operating expenses663.26M JPY757.38M JPY702.75M JPY669.38M JPY584.77M JPY
Interest income20.11M JPY12.28M JPY26.51M JPY41.39M JPY14.11M JPY
Interest expense15.06M JPY15.02M JPY16.67M JPY15.92M JPY15.13M JPY
Depreciation and amortization7.75M JPY5.27M JPY7.51M JPY6.36M JPY3.01M JPY
Operating income430.27M JPY977.02M JPY230.26M JPY1.29B JPY1.44B JPY
Net income444.48M JPY874.31M JPY240.05M JPY1.28B JPY1.67B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.22

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.580.340.1-0.14Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 10, 2024: actual 0.53, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 9, 2025: actual 0.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 0.08, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 9, 2025: actual -0.092, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 31, 2025: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 8, 2026: actual 0.02, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 9, 2026: actual 0.36, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 9, 2026: actual 0.22, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates3.35B2.28B1.21B137.7MQ4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 10, 2024: actual 3.12B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 9, 2025: actual 1.5B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 366.19M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 9, 2025: actual 206.14M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 31, 2025: actual 162M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 8, 2026: actual 282M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 9, 2026: actual 2.36B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 9, 2026: actual 626M JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥0.10

2025 complete year0.0% since 2022

2026 partial: ¥0.10

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Feb 26, 2026

¥0.10

Annual

Record Feb 28, 2026 · Payment May 1, 2026

Dividend

Ex-dividend Feb 27, 2025

¥0.10

Annual

Record Feb 28, 2025 · Payment May 8, 2025

Dividend

Ex-dividend Feb 28, 2024

¥0.10

Annual

Record Feb 29, 2024 · Payment May 9, 2024

Dividend

Ex-dividend Feb 27, 2023

¥0.10

Annual

Record Feb 28, 2023 · Payment May 11, 2023

Dividend

Ex-dividend Feb 25, 2022

¥0.10

Annual

Record Feb 28, 2022 · Payment May 12, 2022

8918.T peers

Mitsubishi Estate Co., Ltd. logo

8802.T

Mitsubishi Estate Co., Ltd.

¥3,712

+0.68%

Mitsui Fudosan Co., Ltd. logo

8801.T

Mitsui Fudosan Co., Ltd.

¥1,512.5

+0.97%

Sumitomo Realty & Development Co., Ltd. logo

8830.T

Sumitomo Realty & Development Co., Ltd.

¥3,394

+1.65%

Daiwa House Industry Co., Ltd. logo

1925.T

Daiwa House Industry Co., Ltd.

¥4,691

+0.04%

Hulic Co., Ltd. logo

3003.T

Hulic Co., Ltd.

¥1,788

+0.45%

Nippon Building Fund Incorporation logo

8951.T

Nippon Building Fund Incorporation

¥130,000

+1.25%

ETFs holding 8918.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
32.63M
Weight
0.00%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥418.3+0.07%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
29.86K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%

Continue in GoAI

Research 8918.T

research.disclaimer