GoAI
Get started
FJ Next Holdings Co., Ltd. logo

FJ Next Holdings Co., Ltd.

8935.T

JPXReal EstateReal Estate - Diversified

Open in GoAI

Latest quote

¥2,031

−¥7.00 · -0.34%

Aug 24, 1:18 PM JST

8935.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

FJ Next Holdings Co., Ltd. is a Tokyo-headquartered Japanese company, established in 1980, with a diverse business portfolio centered around real estate. The firm specializes in the conceptualization, development, marketing, and brokering of properties throughout Japan. Its real estate endeavors encompass the creation of condominiums and resort properties, alongside comprehensive real estate management services. Furthermore, FJ Next Holdings provides architectural design, construction, and renovation solutions for both buildings and detached residences, extending to construction management and consulting. Beyond property, the company maintains a hospitality division, overseeing a collection of inns under distinct brands such as Ito Yuki Tei, Ito Yuki Tei Kawana Bettei, Gyokuhokan, and Seiryuso. Additionally, its operations include a non-life insurance agency, restaurant management, and the provision of financial services, including lending. The company officially adopted its current name, FJ NEXT Holdings Co., Ltd., in October 2021, having previously operated as FJ Next Co., Ltd.

Industry
Real Estate - Diversified
Sector
Real Estate
Headquarters
JP
CEO
Yukiharu Hida
Listed since
Mar 9, 2007
Employees
600

Market position

Day range

Current ¥2,031

52-week range

Current ¥2,031

Open
¥2,038
Previous close
¥2,038
Volume
52.6K
0.74× average
Average volume
71.38K
Average daily volume
Market cap
66.52B JPY
Beta
1.13
Market reference 1
50-day average
¥1,846.82
+9.97% above average
200-day average
¥1,660.62
+22.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
40.32B JPY
EV / EBITDA
2.71×
Earnings yield
19.51%
Free cash flow yield
13.30%

Profitability & efficiency

Return on equity
12.34%
Return on assets
8.79%
Return on invested capital
9.95%

Financial health

Current ratio
6.06×
Altman Z-score
4.35
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 trends26%19%11%4%Gross margin, FY2021: 24.00%Gross margin, FY2022: 22.26%Gross margin, FY2023: 20.09%Gross margin, FY2024: 18.36%Gross margin, FY2025: 18.61%Operating margin, FY2021: 11.06%Operating margin, FY2022: 9.74%Operating margin, FY2023: 9.39%Operating margin, FY2024: 8.44%Operating margin, FY2025: 10.12%Net margin, FY2021: 7.71%Net margin, FY2022: 6.64%Net margin, FY2023: 6.43%Net margin, FY2024: 5.77%Net margin, FY2025: 7.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.00%. Gross margin FY2022 22.26%. Gross margin FY2023 20.09%. Gross margin FY2024 18.36%. Gross margin FY2025 18.61%. Operating margin FY2021 11.06%. Operating margin FY2022 9.74%. Operating margin FY2023 9.39%. Operating margin FY2024 8.44%. Operating margin FY2025 10.12%. Net margin FY2021 7.71%. Net margin FY2022 6.64%. Net margin FY2023 6.43%. Net margin FY2024 5.77%. Net margin FY2025 7.03%.

Income trends

Revenue

142.37B JPY+26.63%

Operating income

14.41B JPY+51.79%

Net income

10.01B JPY+54.40%
Income trends across reported periods156.05B JPY101.35B JPY46.65B JPY−8.05B JPYRevenue, FY2021: 82.26B JPYRevenue, FY2022: 84.69B JPYRevenue, FY2023: 100.41B JPYRevenue, FY2024: 112.43B JPYRevenue, FY2025: 142.37B JPYOperating income, FY2021: 9.1B JPYOperating income, FY2022: 8.25B JPYOperating income, FY2023: 9.43B JPYOperating income, FY2024: 9.49B JPYOperating income, FY2025: 14.41B JPYNet income, FY2021: 6.34B JPYNet income, FY2022: 5.62B JPYNet income, FY2023: 6.45B JPYNet income, FY2024: 6.48B JPYNet income, FY2025: 10.01B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 82.26B JPY. Revenue FY2022 84.69B JPY. Revenue FY2023 100.41B JPY. Revenue FY2024 112.43B JPY. Revenue FY2025 142.37B JPY. Operating income FY2021 9.1B JPY. Operating income FY2022 8.25B JPY. Operating income FY2023 9.43B JPY. Operating income FY2024 9.49B JPY. Operating income FY2025 14.41B JPY. Net income FY2021 6.34B JPY. Net income FY2022 5.62B JPY. Net income FY2023 6.45B JPY. Net income FY2024 6.48B JPY. Net income FY2025 10.01B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue142.37B JPY112.43B JPY100.41B JPY84.69B JPY82.26B JPY
Cost of goods sold115.88B JPY91.79B JPY80.23B JPY65.84B JPY62.52B JPY
Gross profit26.49B JPY20.64B JPY20.17B JPY18.85B JPY19.74B JPY
Selling, general, and administrative—11.15B JPY1.51B JPY10.6B JPY10.64B JPY
Operating expenses12.09B JPY11.16B JPY10.74B JPY10.6B JPY10.64B JPY
Interest income50M JPY9M JPY———
Interest expense146M JPY78M JPY45M JPY44M JPY82M JPY
Depreciation and amortization373M JPY358M JPY360M JPY368M JPY404M JPY
Operating income14.41B JPY9.49B JPY9.43B JPY8.25B JPY9.1B JPY
Net income10.01B JPY6.48B JPY6.45B JPY5.62B JPY6.34B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
119.46

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates165.41117.5969.7721.96Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q3 '26
Q3 2024, reported Aug 1, 2024: actual 25.83, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 6, 2024: actual 59.62, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 33.65, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 78.98, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 62.85, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual 49.68, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 155.07, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 119.46, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates97.03B71.46B45.88B20.31BQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q3 '26
Q3 2024, reported Aug 1, 2024: actual 23.89B JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 6, 2024: actual 29.7B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 24.6B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 34.24B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 31.49B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual 31.91B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 91.62B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 31, 2026: actual 40.24B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥58.00

2025 complete year+26.1% since 2021

2026 partial: ¥38.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥40.00

Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥40.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥38.00

Special

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥28.00

Annual

Record Sep 30, 2025 · Payment Dec 4, 2025

Dividend

Ex-dividend Mar 28, 2025

¥30.00

Special

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥24.00

Annual

Record Sep 30, 2024 · Payment Dec 3, 2024

8935.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 8935.T

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

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
95.79M
Weight
0.00%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥418.3+0.07%
Militia Long/Short Equity ETF logoMilitia Long/Short Equity ETFORR
Market value
960K
Weight
0.27%
AUM
138.61M USD
Expense ratio
14.19%
Price / 1D
$38.69+1.36%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
280.27K
Weight
0.01%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
158.86K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
107.2K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
96.87K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
62K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Avantis International Equity ETF logoAvantis International Equity ETFAVDE
Market value
40.98K
Weight
—
AUM
19.1B USD
Expense ratio
0.23%
Price / 1D
$94.26+0.87%

Continue in GoAI

Research 8935.T

research.disclaimer