Tokyu REIT, Inc. (8957.T) stock price, financials & research

Regular session · JST · Market data may be delayed.

Company profile

TOKYU REIT, Inc. was established on June 20, 2003, with the core objective of investing in real estate assets. This entity was formed in accordance with Japan's Investment Trust Law, which is formally known as the Law Concerning Investment Trusts and Investment Corporations (Law No. 198 of 1952, as amended). Such corporate structures are commonly identified as Japanese Real Estate Investment Trusts, or J-REITs.

Industry: REIT - Diversified
Sector: Real Estate
Headquarters: JP
CEO: Momoko Sasaki
Listed since: Sep 29, 2005
Employees: 45

Market position

Day range

Current ¥185,400

¥184,500¥185,800

52-week range

Current ¥185,400

¥175,000¥215,200

Open: ¥185,700
Previous close: ¥184,800
Volume: 811; 0.32× average
Average volume: 2.57K; Average daily volume
Market cap: 178.24B JPY
Beta: 0.15; Market reference 1
50-day average: ¥186,944; -0.83% below average
200-day average: ¥197,560.5; -6.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 294.66B JPY
P/E (TTM): 17.81×
P/B (TTM): 1.43×
P/S (TTM): 7.03×
EV / EBITDA: 27.64×
Earnings yield: 5.00%
Free cash flow yield: 9.39%
Dividend yield: 4.32%

Profitability & efficiency

Gross margin: 41.14%
Operating margin: 43.36%
Net margin: 39.69%
Return on equity: 7.76%
Return on assets: 3.92%
Return on invested capital: 4.36%

Financial health

Debt / equity: 0.84×
Current ratio: 0.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

17.69B JPY-5.05%

Operating income

10.52B JPY+4.90%

Net income

9.59B JPY+4.65%

Metric (JPY)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	17.69B JPY	18.63B JPY	20.25B JPY	20.31B JPY	16.68B JPY
Cost of goods sold	8.65B JPY	6.84B JPY	6.38B JPY	6.2B JPY	6.46B JPY
Gross profit	9.04B JPY	11.79B JPY	13.87B JPY	14.12B JPY	10.21B JPY
Selling, general, and administrative	63M JPY	1.55B JPY	1.57B JPY	1.54B JPY	1.49B JPY
Operating expenses	−1.48B JPY	1.76B JPY	1.85B JPY	1.9B JPY	1.69B JPY
Interest income	4.65M JPY	64K JPY	76K JPY	56K JPY	55K JPY
Interest expense	857.51M JPY	813.97M JPY	769.19M JPY	753.3M JPY	862.7M JPY
Depreciation and amortization	2B JPY	1.9B JPY	1.82B JPY	1.78B JPY	2.02B JPY
Operating income	10.52B JPY	10.03B JPY	12.01B JPY	12.21B JPY	8.52B JPY
Net income	9.59B JPY	9.16B JPY	11.15B JPY	11.41B JPY	7.62B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate: 91%; 10 beats, 1 miss, 0 met estimates
Average EPS surprise: +5.88%; 11 comparable reports
Latest EPS result: 5,385; Estimate 5,320 · Beat by 1.22%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate

Corporate actions

Annual dividends per share

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

¥8,002

2025 complete year+8.4% since 2021

2026 partial: ¥8,010

¥7,381

2,021

¥7,955

2,022

¥7,790

2,023

¥7,550

2,024

¥8,002

2,025

¥8,010

2,026*

* Partial calendar year in the available dividend history.

Corporate action history

Action	Ex-dividend date	Details	Record date	Payment date
Dividend	Jul 30, 2026	¥4,010Semi-Annual	Jul 31, 2026	Jul 30, 2026
Dividend	Jan 29, 2026	¥4,000Semi-Annual	Jan 31, 2026	Apr 15, 2026
Dividend	Jul 30, 2025	¥4,000Semi-Annual	Jul 31, 2025	Oct 15, 2025
Dividend	Jan 30, 2025	¥4,002Semi-Annual	Jan 31, 2025	Apr 16, 2025
Dividend	Jul 30, 2024	¥3,800Semi-Annual	Jul 31, 2024	Oct 17, 2024
Dividend	Jan 30, 2024	¥3,750Semi-Annual	Jan 31, 2024	Apr 16, 2024