Daiwa Securities Living Investment Corporation logo

Daiwa Securities Living Investment Corporation

8986.T

JPXReal EstateREIT - Residential

Latest quote

¥95,600

+¥200 · +0.21%

Aug 24, 3:30 PM JST

8986.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Daiwa Securities Living Investment Corporation based on the provisions of the Act on Investment Trusts and Investment Corporations and listed as a housing-specific REIT on the Tokyo Stock Exchange Real Estate Investment Trust market on June 22, 2006. The Investment Corporation merged with Prospect Reit Investment Corporation in an absorption-type merger on July 1, 2010, and since then it has been seeking to steadily enhance distributions primarily by improving the quality of its portfolio through the replacement of properties (acquiring new properties and disposing of existing properties), strengthening overall operations by improving occupancy rates and other factors, and reducing costs by decreasing expenses for interest-bearing debt and other items. Furthermore, as a result of an absorption-type merger (hereinafter the Merger) whereby the Investment Corporation is the surviving corporation and Nippon Healthcare Investment Corporation (hereinafter NHI) is the absorbed corporation on April 1, 2020, upon which the trade name was changed from Japan Rental Housing Investments Inc. to Daiwa Securities Living Investment Corporation and healthcare facilities were added to the portfolio, the Investment Corporation is now managed as a REIT that comprehensively provides comfortable living spaces that support life and lifestyle of everyone suited to each life stage. The properties under management at the end of September 2025 consisted of 243 properties with a total acquisition price of 399,139 yen million and a total rentable floor area of 742,455.67 square meters. Daiwa Securities Living Investment Corporation was established on October 07, 2005 and incorporated in Japan.

Industry
REIT - Residential
Sector
Real Estate
Headquarters
JP
CEO
Yasunobu Kuroda
Listed since
Jun 22, 2006
Employees
469

Market position

Day range

Current ¥95,600

52-week range

Current ¥95,600

Open
¥95,700
Previous close
¥95,400
Volume
4.65K
0.94× average
Average volume
4.96K
Average daily volume
Market cap
228.11B JPY
Beta
0.27
Market reference 1
50-day average
¥98,030
-2.48% below average
200-day average
¥107,841
-11.35% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
449.78B JPY
P/E (TTM)
16.96×
P/B (TTM)
1.21×
P/S (TTM)
4.19×
EV / EBITDA
20.76×
Earnings yield
5.36%
Free cash flow yield
5.98%
Dividend yield
5.58%

Profitability & efficiency

Gross margin
15.16%
Operating margin
29.07%
Net margin
24.76%
Return on equity
7.37%
Return on assets
3.45%
Return on invested capital
3.99%

Financial health

Debt / equity
1.09×
Current ratio
0.49×
Altman Z-score
1.09
Piotroski F-score
7 of 9

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+5.14%
11 comparable reports
Latest EPS result
2,877
Estimate 2,507 · Beat by 14.76%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3,114.82,733.932,353.071,972.2Q2 '23MissQ4 '23BeatQ2 '24BeatQ4 '24MissQ2 '25BeatQ4 '25BeatQ2 '26BeatQ2 '27Estimate
Q2 2023, reported May 24, 2023: actual 2,136.5, estimate 2,141, surprise -0.21%, Miss. Q4 2023, reported Nov 25, 2023: actual 2,442.9, estimate 2,092, surprise +16.77%, Beat. Q2 2024, reported May 22, 2024: actual 2,425.12, estimate 2,418, surprise +0.29%, Beat. Q4 2024, reported Nov 20, 2024: actual 2,577.18, estimate 2,680, surprise -3.84%, Miss. Q2 2025, reported May 22, 2025: actual 2,995, estimate 2,355, surprise +27.18%, Beat. Q4 2025, reported Nov 20, 2025: actual 2,758, estimate 2,746, surprise +0.44%, Beat. Q2 2026, reported May 21, 2026: actual 2,877, estimate 2,507, surprise +14.76%, Beat. Q2 2027, reported May 26, 2027: actual —, estimate 2,489.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates22.38B18.55B14.72B10.89BQ2 '23BeatQ4 '23No estimateQ2 '24BeatQ4 '24MissQ2 '25BeatQ4 '25BeatQ2 '26BeatQ2 '27Estimate
Q2 2023, reported May 24, 2023: actual 11.9B JPY, estimate 11.75B JPY, surprise +1.26%, Beat. Q4 2023, reported Nov 25, 2023: actual 21.52B JPY, estimate —, surprise —, Comparison unavailable. Q2 2024, reported May 22, 2024: actual 13.28B JPY, estimate 13.09B JPY, surprise +1.47%, Beat. Q4 2024, reported Nov 20, 2024: actual 14.16B JPY, estimate 14.17B JPY, surprise -0.11%, Miss. Q2 2025, reported May 22, 2025: actual 15.19B JPY, estimate 13.3B JPY, surprise +14.23%, Beat. Q4 2025, reported Nov 20, 2025: actual 14.66B JPY, estimate 14.61B JPY, surprise +0.38%, Beat. Q2 2026, reported May 21, 2026: actual 14.99B JPY, estimate 14B JPY, surprise +7.07%, Beat. Q2 2027, reported May 26, 2027: actual —, estimate 14.22B JPY, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 28, 2010

4:1

8986.T peers

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

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