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Fukuoka REIT Corporation logo

Fukuoka REIT Corporation

8968.T

JPXReal EstateREIT - Diversified

Open in GoAI

Latest quote

¥179,700

+¥2,100 · +1.18%

Aug 24, 2:33 PM JSTData delayed

8968.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
JP

Market position

Day range

Current ¥179,700

52-week range

Current ¥179,700

Open
¥179,000
Previous close
¥177,600
Volume
882
Market cap
156.7B JPY
50-day average
¥175,550
+2.36% above average
200-day average
¥181,044.5
-0.74% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
253.44B JPY
P/E (TTM)
19.38×
P/B (TTM)
1.37×
P/S (TTM)
7.6×
EV / EBITDA
21.06×
Earnings yield
5.01%
Free cash flow yield
-4.73%
Dividend yield
4.65%

Profitability & efficiency

Gross margin
51.21%
Operating margin
43.73%
Net margin
39.11%
Return on equity
7.08%
Return on assets
3.54%
Return on invested capital
4.01%

Financial health

Debt / equity
0.85×
Current ratio
0.67×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%44%36%29%Gross margin, FY2021: 42.83%Gross margin, FY2022: 44.05%Gross margin, FY2023: 35.45%Gross margin, FY2024: 45.02%Gross margin, FY2025: 49.54%Operating margin, FY2021: 35.26%Operating margin, FY2022: 36.41%Operating margin, FY2023: 37.11%Operating margin, FY2024: 37.55%Operating margin, FY2025: 42.16%Net margin, FY2021: 30.91%Net margin, FY2022: 32.13%Net margin, FY2023: 32.84%Net margin, FY2024: 32.95%Net margin, FY2025: 37.85%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 42.83%. Gross margin FY2022 44.05%. Gross margin FY2023 35.45%. Gross margin FY2024 45.02%. Gross margin FY2025 49.54%. Operating margin FY2021 35.26%. Operating margin FY2022 36.41%. Operating margin FY2023 37.11%. Operating margin FY2024 37.55%. Operating margin FY2025 42.16%. Net margin FY2021 30.91%. Net margin FY2022 32.13%. Net margin FY2023 32.84%. Net margin FY2024 32.95%. Net margin FY2025 37.85%.

Income trends

Revenue

21.19B JPY+11.66%

Operating income

8.93B JPY+25.37%

Net income

8.02B JPY+28.28%
Income trends across reported periods22.76B JPY16.48B JPY10.2B JPY3.92B JPYRevenue, FY2021: 17.77B JPYRevenue, FY2022: 17.49B JPYRevenue, FY2023: 17.77B JPYRevenue, FY2024: 18.98B JPYRevenue, FY2025: 21.19B JPYOperating income, FY2021: 6.27B JPYOperating income, FY2022: 6.37B JPYOperating income, FY2023: 6.6B JPYOperating income, FY2024: 7.13B JPYOperating income, FY2025: 8.93B JPYNet income, FY2021: 5.49B JPYNet income, FY2022: 5.62B JPYNet income, FY2023: 5.84B JPYNet income, FY2024: 6.25B JPYNet income, FY2025: 8.02B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17.77B JPY. Revenue FY2022 17.49B JPY. Revenue FY2023 17.77B JPY. Revenue FY2024 18.98B JPY. Revenue FY2025 21.19B JPY. Operating income FY2021 6.27B JPY. Operating income FY2022 6.37B JPY. Operating income FY2023 6.6B JPY. Operating income FY2024 7.13B JPY. Operating income FY2025 8.93B JPY. Net income FY2021 5.49B JPY. Net income FY2022 5.62B JPY. Net income FY2023 5.84B JPY. Net income FY2024 6.25B JPY. Net income FY2025 8.02B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue21.19B JPY18.98B JPY17.77B JPY17.49B JPY17.77B JPY
Cost of goods sold10.69B JPY10.43B JPY11.47B JPY9.78B JPY10.16B JPY
Gross profit10.5B JPY8.54B JPY6.3B JPY7.7B JPY7.61B JPY
Selling, general, and administrative1.39B JPY1.27B JPY123.33M JPY1.19B JPY1.19B JPY
Operating expenses1.57B JPY1.42B JPY−294.79M JPY1.34B JPY1.35B JPY
Interest income30.34M JPY−205.12M JPY90K JPY95K JPY101K JPY
Interest expense727.56M JPY665.96M JPY———
Depreciation and amortization3.28B JPY3.22B JPY3.03B JPY3B JPY3.18B JPY
Operating income8.93B JPY7.13B JPY6.6B JPY6.37B JPY6.27B JPY
Net income8.02B JPY6.25B JPY5.84B JPY5.62B JPY5.49B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 1 miss, 4 met estimates
Average EPS surprise
+0.89%
11 comparable reports
Latest EPS result
4,610
Estimate 4,500 · Beat by 2.44%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4,850.564,344.853,839.153,333.44Q2 '23BeatQ4 '23BeatQ2 '24BeatQ4 '24MetQ2 '25MetQ4 '25MissQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Apr 14, 2023: actual 3,580, estimate 3,520, surprise +1.70%, Beat. Q4 2023, reported Oct 18, 2023: actual 3,752, estimate 3,610, surprise +3.93%, Beat. Q2 2024, reported Apr 16, 2024: actual 3,806, estimate 3,780, surprise +0.69%, Beat. Q4 2024, reported Oct 18, 2024: actual 4,049, estimate 4,049, surprise 0.00%, Met estimate. Q2 2025, reported Apr 16, 2025: actual 4,571, estimate 4,571, surprise 0.00%, Met estimate. Q4 2025, reported Oct 17, 2025: actual 4,661, estimate 4,664, surprise -0.06%, Miss. Q2 2026, reported Apr 15, 2026: actual 4,610, estimate 4,500, surprise +2.44%, Beat. Q4 2026, reported Oct 16, 2026: actual —, estimate 4,334.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates20.75B16.51B12.27B8.02BQ2 '23BeatQ4 '23BeatQ2 '24MissQ4 '24MissQ2 '25MetQ4 '25MetQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Apr 14, 2023: actual 9.04B JPY, estimate 8.9B JPY, surprise +1.54%, Beat. Q4 2023, reported Oct 18, 2023: actual 9.28B JPY, estimate 9.2B JPY, surprise +0.91%, Beat. Q2 2024, reported Apr 16, 2024: actual 9.33B JPY, estimate 9.33B JPY, surprise -0.04%, Miss. Q4 2024, reported Oct 18, 2024: actual 9.65B JPY, estimate 19.88B JPY, surprise -51.44%, Miss. Q2 2025, reported Apr 16, 2025: actual 10.4B JPY, estimate 10.4B JPY, surprise 0.00%, Met estimate. Q4 2025, reported Oct 17, 2025: actual 10.79B JPY, estimate 10.79B JPY, surprise 0.00%, Met estimate. Q2 2026, reported Apr 15, 2026: actual 10.82B JPY, estimate 10.65B JPY, surprise +1.62%, Beat. Q4 2026, reported Oct 16, 2026: actual —, estimate 10.7B JPY, surprise —, Comparison unavailable.

8968.T peers

Mitsubishi Estate Co., Ltd. logo

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Mitsubishi Estate Co., Ltd.

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Mitsui Fudosan Co., Ltd. logo

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Sumitomo Realty & Development Co., Ltd. logo

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Sumitomo Realty & Development Co., Ltd.

¥3,398

+1.77%

Daiwa House Industry Co., Ltd. logo

1925.T

Daiwa House Industry Co., Ltd.

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Hulic Co., Ltd. logo

3003.T

Hulic Co., Ltd.

¥1,794

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Nippon Building Fund Incorporation logo

8951.T

Nippon Building Fund Incorporation

¥130,100

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ETFs holding 8968.T

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

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
12.46M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
8.17M
Weight
0.00%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
7.74M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI Total International Stock ETF logoiShares Core MSCI Total International Stock ETFIXUS
Market value
3.36M
Weight
0.01%
AUM
60.91B USD
Expense ratio
0.07%
Price / 1D
$97.945+0.76%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
3.18M
Weight
0.08%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.71+0.04%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
3.08M
Weight
0.02%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
iShares MSCI EAFE Small-Cap ETF logoiShares MSCI EAFE Small-Cap ETFSCZ
Market value
2.69M
Weight
0.02%
AUM
13.28B USD
Expense ratio
0.40%
Price / 1D
$86.60+0.70%
iShares Global REIT ETF logoiShares Global REIT ETFREET
Market value
2.17M
Weight
0.04%
AUM
5.06B USD
Expense ratio
0.14%
Price / 1D
$28.02-0.21%

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