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Dear Life Co., Ltd.
(3245)
Dear Life Co., Ltd. (3245) vs. iShares MSCI Japan ETF (EWJ)
Dear Life Co., Ltd. Business Overview & Revenue Model
Dear Life Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 65.79B | 78.50B | 46.88B | 43.50B | 51.91B | 26.37B |
| Gross Profit | 9.44B | 10.78B | 7.09B | 8.56B | 8.72B | 5.36B |
| EBITDA | 6.85B | 8.18B | 5.06B | 6.41B | 6.00B | 4.07B |
| Net Income | 4.45B | 5.32B | 3.17B | 4.30B | 4.20B | 2.69B |
Balance Sheet | ||||||
| Total Assets | 63.77B | 47.38B | 47.06B | 41.71B | 36.46B | 27.74B |
| Cash, Cash Equivalents and Short-Term Investments | 16.15B | 27.42B | 18.69B | 21.89B | 19.85B | 14.59B |
| Total Debt | 36.14B | 15.17B | 18.85B | 13.86B | 11.85B | 9.81B |
| Total Liabilities | 38.52B | 18.88B | 21.99B | 17.55B | 15.20B | 12.13B |
| Stockholders Equity | 24.85B | 28.10B | 24.69B | 23.78B | 20.87B | 15.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 14.13B | -5.99B | 1.30B | 4.91B | 1.72B |
| Operating Cash Flow | 0.00 | 14.14B | -5.93B | 1.36B | 5.04B | 1.75B |
| Investing Cash Flow | 0.00 | 41.00M | 141.00M | 346.00M | -1.10B | 278.00M |
| Financing Cash Flow | 0.00 | -5.73B | 2.58B | 529.00M | 1.02B | -369.00M |
Dear Life Co., Ltd. Technical Analysis
Dear Life Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥64.07B | 34.11 | ― | 2.10% | 27.87% | 40.22% | |
69 Neutral | ¥69.13B | 12.05 | ― | 5.71% | 8.07% | 12.06% | |
69 Neutral | ¥55.79B | 9.40 | ― | 5.74% | 67.46% | 68.52% | |
66 Neutral | ¥53.13B | 49.68 | ― | 0.45% | -8.33% | -36.89% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | ¥50.20B | 7.94 | ― | 2.38% | 33.64% | -0.28% | |
62 Neutral | ¥70.21B | 16.78 | ― | 2.89% | -3.09% | -35.66% |
Dear Life Co., Ltd. Corporate Events
Dear Life Co., Ltd. has confirmed that the allottee has subscribed in full to a third-party allotment of 730,000 new shares, raising approximately ¥731 million and increasing both capital and capital reserve by about ¥365.7 million each, with issuance scheduled for December 26, 2025. Following this transaction, the company’s outstanding shares will rise from 50,896,800 to 51,626,800, and together with funds from its recent public offering and concurrent third-party allotment, the total net proceeds of about ¥6.75 billion are earmarked for acquisition of development land, income-generating real estate and construction costs by the end of September 2027, underpinning Dear Life’s strategy to expand and enhance profitability in its core real estate operations.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has resolved to issue its 10th unsecured bank‑guaranteed private placement bond totaling JPY 500 million, with a five‑year term from December 26, 2025 to December 26, 2030, guaranteed, underwritten, and administered by The Fukushima Bank, Ltd. The proceeds, designated for working capital, are expected to strengthen the company’s liquidity and funding flexibility, supporting its operational stability and potentially enhancing its financial profile through diversified, medium‑term debt financing.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has resolved to dispose of 96,200 treasury shares as restricted stock (RS) compensation to nine internal directors, one executive officer and 42 employees, with a disposal date of January 15, 2026 and a disposal price set at ¥1,082 per share, matching the previous day’s closing price. This move is part of the company’s ongoing RS compensation framework, introduced in 2017 for directors and extended to executive officers and employees, designed to tie remuneration more closely to corporate performance and share price, reinforce long-term value creation for the Dear Life Group, and further align management and employee interests with those of shareholders through multi‑year transfer restrictions and clawback-style provisions.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has completed its fiscal 2025 evaluation of the effectiveness of its Board of Directors, in line with Japan’s Corporate Governance Code, using questionnaires completed by all directors and Audit & Supervisory Board members. The assessment found that the board is generally functioning appropriately and effectively across key areas such as composition, operation, supervision, agenda adequacy and deliberation quality, with improvements noted in the depth of discussions on the company’s overall strategic direction compared with the previous year. At the same time, the company identified priority issues for further strengthening governance, including deeper discussions on succession planning for the representative director, enhanced information sharing among independent outside directors, and more substantive board-level debate on sustainability topics ranging from climate change and human rights to employee well-being, fair business practices and crisis management. Based on these findings, Dear Life plans to refine board agendas and implement additional measures to reinforce its governance framework and support long-term corporate value enhancement.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. announced that following its Annual General Meeting of Shareholders, the Board of Directors approved a new line-up of corporate officers, largely reaffirming the existing management team while adding several new directors. Core executive roles, including Representative Director and President Yukihiro Abe and the heads of strategic development, business promotion, multiple real estate units, and corporate strategy, remain unchanged, signaling continuity in the company’s operational direction. At the same time, the company elevated internal executives such as Katsuya Karasuyama and Haruka Suzuki to director positions and appointed two additional independent outside directors, moves that are likely aimed at strengthening governance, oversight, and strategic capabilities as Dear Life pursues its business objectives in the real estate market.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. held its 21st Annual General Meeting of Shareholders on December 23, 2025, where it reported its business report, consolidated and non-consolidated financial statements for the fiscal year ended September 30, 2025, along with the results of audits by its financial auditor and Audit & Supervisory Board. Shareholders approved an amendment to the company’s Articles of Incorporation and endorsed the election of 14 directors, including President Yukihiro Abe and other key executives, reinforcing the existing management structure and governance framework for the coming term.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-producing property tentatively named DeLCCS Higashikoenji, a steel reinforced concrete, nine-story condominium and office building located in Tokyo’s Suginami Ward, a five-minute walk from Higashi-koenji Station. The acquisition, financed through a mix of internal funds and bank borrowings, supports the company’s strategy of expanding its portfolio of leased assets, though management expects the rental income from this fully leased property to have only a minimal impact on consolidated results for the fiscal year ending September 30, 2026, with any material changes to earnings to be disclosed promptly.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-producing condominium property, tentatively named DeLCCS Nakanofujimicho, located in Nakano-ku, Tokyo, a six-minute walk from Nakanofujimicho Station on the Marunouchi Line. The nine-story reinforced concrete building with one basement level has a total floor area of 3,645.68 square meters and was funded through a mix of internal capital and bank borrowings; although the seller and purchase price remain undisclosed under a confidentiality agreement, the company notes there are no special relationships with the seller and expects the rental income from the already-leased asset to have only a minimal impact on its consolidated results for the fiscal year ending September 30, 2026, while committing to disclose any material changes if they arise.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-producing residential property, a reinforced concrete eight-story condominium tentatively named DeLCCS Omori, located in Minami-Oi, Shinagawa Ward, Tokyo, within walking distance of Omori and Omori-Kaigan stations. The acquisition, financed through a mix of internal funds and bank borrowings, involves a currently leased property whose rental income is expected to have only a minimal impact on the company’s consolidated results for the fiscal year ending September 30, 2026, with management indicating it will disclose any material change in earnings outlook if one arises.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
DEAR LIFE CO., LTD. announced the acquisition of a leased condominium property, ‘DeLCCS Yutenji II,’ in Tokyo. This strategic move is funded through internal capital and borrowings and demonstrates the company’s focus on strengthening its portfolio of income-producing assets. However, the rental income from this acquisition is expected to have minimal immediate financial impact on the fiscal year ending September 30, 2026.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-producing property in Nihonbashi-Hisamatsucho, Tokyo, which includes office, retail, and storage spaces. The acquisition is funded through internal capital and borrowings, and the property is already leased, meaning its rental income is expected to have a minimal impact on the company’s financial results for the current fiscal year.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of a new income-producing property, DeLCCS Nakaochiai, located in Shinjuku-ku, Tokyo. The acquisition is funded through internal capital and borrowings, and the property is expected to have minimal impact on the company’s financial results for the fiscal year ending September 30, 2026.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of an income-producing property named DeLCCS Kikukawa, located in Sumida-ku, Tokyo. This strategic acquisition, funded through internal capital and borrowings, is expected to have minimal impact on the company’s financial results for the fiscal year ending September 30, 2026, as the property is already leased and generating rental income.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-producing property, DeLCCS Waseda IV, located in Shinjuku-ku, Tokyo. This acquisition is expected to have a minimal impact on the company’s financial results for the fiscal year ending September 30, 2026, as the property is already leased and generating rental income.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of a new income-producing property in Tokyo, named DeLCCS Komaba-Todaimae. This property, which includes condominium, retail, and office spaces, is strategically located near major train stations. The acquisition is funded through a mix of internal capital and borrowings. The company expects minimal immediate impact on its financial results for the fiscal year ending September 30, 2026, as the property is already leased. However, any significant changes in financial outcomes will be promptly communicated.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired an income-producing property named DeLCCS Yoyogi Park II, located in Shibuya-ku, Tokyo. The property, which consists of a condominium and retail space, is expected to have a minimal impact on the company’s financial results for the fiscal year ending September 30, 2026, as it is currently leased.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of a land parcel in Shichirigahama, Kamakura, funded through internal capital and financial institution borrowings. The acquisition is expected to contribute to sales in the fiscal year ending September 30, 2026, with minimal impact on the current fiscal year’s results.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced a strategic move to issue new shares through public offering and third-party allotment, aiming to strengthen its financial foundation. This decision is part of the company’s growth strategy to expand urban residential development and acquire income-generating real estate, ultimately enhancing corporate and shareholder value.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced a proposal for the election of 14 directors at its upcoming Annual General Meeting. This move includes both reelections and new appointments, aiming to strengthen its leadership team. The announcement reflects the company’s commitment to strategic growth and stability in its operations, with implications for maintaining its market position and ensuring effective governance.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced a proposal to amend its Articles of Incorporation to increase the maximum number of directors from 12 to 15. This change aims to support business expansion and improve corporate governance, reflecting the company’s focus on sustainable growth and a more sophisticated management structure.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of an income-producing property named DeLCCS Nakamurabashi, located in Nerima-ku, Tokyo. The property, which includes retail space and condominiums, is funded through internal capital and borrowings. The acquisition is expected to have a minimal impact on the company’s financial results for the fiscal year ending September 30, 2026, as the property is currently leased.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. reported a substantial increase in its consolidated financial results for the fiscal year ending September 30, 2025, with net sales rising by 67.5% and operating profit by 67.3% compared to the previous year. The company also announced a record-high profit, leading to a higher annual dividend per share, reflecting its strong financial performance and positive outlook for the upcoming fiscal year.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced a new Medium-Term Management Target, ‘Challenge 2028—Catch the Wave,’ aiming for significant growth and sustainability from 2026 to 2028. The company plans to enhance its real estate business by focusing on Tokyo’s 23 wards and diversifying its investment portfolio. Additionally, it aims to strengthen its human resources and brand recognition through strategic investments and M&A, targeting a substantial increase in ordinary profit and maintaining financial soundness.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. announced a decision to distribute dividends from surplus, with a record date of September 30, 2025. The dividend per share is set at ¥63, which includes an ordinary dividend and a commemorative dividend. This move reflects the company’s commitment to maintaining a 40% dividend payout ratio and enhancing shareholder value. The planned dividend for the fiscal year ending September 30, 2026, is slightly increased to ¥64 per share, indicating a positive outlook on future profitability and continued focus on shareholder returns.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has announced the acquisition of a new income-producing property named DeLCCS Tabata III, located in Tokyo. This strategic acquisition is expected to have a minimal impact on the company’s financial results for the current fiscal year, as the property is already leased and generating rental income.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.
Dear Life Co., Ltd. has acquired a new income-generating property named DeLCCS Ikebukuro-honcho in Tokyo, funded through internal capital and borrowings. The acquisition is expected to have minimal impact on the company’s financial results for the fiscal year ending September 30, 2026, as the property is already leased.
The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1248.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.