Activia Properties Inc (JP:3279)
:3279
Want to see JP:3279 full AI Analyst Report?
Top Page
Activia Properties
(3279)
Select Model
Select Model
Rating:67Neutral
Price Target:
¥141,376
▼(-5.31% Downside)
Action:Reiterated
Date:01/18/26
The score is driven primarily by solid financial performance (strong profitability offset by leverage and cash-flow volatility). Technicals are supportive with an uptrend, but overbought signals add near-term risk. Valuation is held back by a higher P/E despite a favorable dividend yield.
Positive Factors
Consistent profitability
Stable, consistently strong net income and operating earnings indicate durable earnings power for a J‑REIT. This reliability supports distribution capacity and long‑term asset management, reducing reliance on one‑off gains and enabling multi‑year planning for portfolio upkeep and returns.
Negative Factors
Meaningful leverage
A near‑par debt/equity profile raises sensitivity to interest‑rate moves and refinancing conditions typical for REITs. Higher leverage limits flexibility for acquisitions or distress absorption and increases the risk that rising funding costs will compress distribution coverage over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent profitability
Stable, consistently strong net income and operating earnings indicate durable earnings power for a J‑REIT. This reliability supports distribution capacity and long‑term asset management, reducing reliance on one‑off gains and enabling multi‑year planning for portfolio upkeep and returns.
Read all positive factors
Activia Properties (3279) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥321.99B
Dividend Yield4.18%
Average Volume (3M)4.88K
Price to Earnings (P/E)22.2
Beta (1Y)0.28
Revenue Growth2.53%
EPS Growth1.49%
CountryJP
EmployeesN/A
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)6021.55
Shares Outstanding2,376,318
10 Day Avg. Volume4,809
30 Day Avg. Volume4,875
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)1.25
Price to Sales (P/S)10.32
P/FCF Ratio22.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6,832.33
Revenue Forecast (FY)¥29.89B
Activia Properties Business Overview & Revenue Model
Company Description
Activia Properties Inc. primarily allocates its investments to urban retail and Tokyo office properties. The company's strategic aim is to enhance unitholder value by developing and operating a real estate portfolio designed for robust competitive...
How the Company Makes Money
null...
Activia Properties Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
66
Positive
Cash Flow
61
Positive
| Breakdown | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 32.42B | 31.62B | 34.83B | 31.69B | 30.36B |
| Gross Profit | 13.62B | 18.80B | 19.88B | 20.24B | 19.44B |
| EBITDA | 19.84B | 18.86B | 21.91B | 20.29B | 19.60B |
| Net Income | 14.31B | 14.16B | 17.47B | 15.58B | 15.00B |
Balance Sheet | |||||
| Total Assets | 561.23B | 560.21B | 568.92B | 561.68B | 566.26B |
| Cash, Cash Equivalents and Short-Term Investments | 21.21B | 16.84B | 21.37B | 18.68B | 15.99B |
| Total Debt | 264.85B | 264.85B | 265.85B | 260.35B | 260.35B |
| Total Liabilities | 293.42B | 292.43B | 294.12B | 286.78B | 287.54B |
| Stockholders Equity | 267.81B | 267.78B | 274.80B | 274.91B | 278.72B |
Cash Flow | |||||
| Free Cash Flow | 15.16B | 18.42B | 14.61B | 23.47B | -22.48B |
| Operating Cash Flow | 18.11B | 21.63B | 62.48B | 24.49B | 29.75B |
| Investing Cash Flow | -3.56B | -3.26B | -46.75B | -2.55B | -50.45B |
| Financing Cash Flow | -14.72B | -22.54B | -12.37B | -19.81B | 23.21B |
Activia Properties Technical Analysis
Neutral
149300.00
Price Trends
134843.19
Negative
138936.70
Negative
136422.37
Negative
Market Momentum
-103.34
Negative
53.00
Neutral
79.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3279, the sentiment is Neutral. The current price of 149300 is above the 20-day moving average (MA) of 131385.13, above the 50-day MA of 134843.19, and above the 200-day MA of 136422.37, indicating a neutral trend. The MACD of -103.34 indicates Negative momentum. The RSI at 53.00 is Neutral, neither overbought nor oversold. The STOCH value of 79.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3279.
Activia Properties Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥175.83B | 17.23 | 7.82% | 3.87% | 6.01% | 7.66% | |
67 Neutral | ¥321.99B | 22.22 | 5.35% | 4.18% | 2.53% | 1.49% | |
66 Neutral | ¥386.20B | 18.64 | 7.08% | 3.74% | -6.29% | 21.95% | |
66 Neutral | ¥635.77B | 18.60 | 5.51% | 4.64% | 50.40% | -30.38% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | ¥520.32B | 20.28 | 6.80% | 4.46% | -0.32% | 1.93% | |
63 Neutral | ¥156.68B | 11.74 | ― | 4.70% | 73.49% | 34.06% |
* Real Estate Sector Average
JP:3279
Activia Properties
133,800.00
17,049.70
14.60%
JP:8955
Japan Prime Realty Investment
93,400.00
4,028.65
4.51%
JP:8957
TOKYU REIT
179,300.00
-7,735.90
-4.14%
JP:8960
United Urban Investment
159,300.00
8,823.27
5.86%
JP:8972
Kenedix Office Investment Corporation
155,600.00
5,591.84
3.73%
JP:3296
NIPPON REIT Investment Corp
84,500.00
-430.66
-0.51%
Activia Properties Corporate Events
Activia Properties Refinances ¥6 Billion Loan with New Long-Term Green Facility
Jun 5, 2026
Activia Properties has arranged a new ¥6 billion long-term green loan from Sumitomo Mitsui Banking Corporation, maturing in June 2033, with interest set at 0.265% plus a one-month JBA Yen TIBOR base rate. The unsecured, unguaranteed financing...
Activia Properties Switches Buyer for Kobe Kyu Kyoryuchi 25Bankan Asset
May 28, 2026
Activia Properties has changed the buyer for the trust beneficiary interest in the Kobe Kyu Kyoryuchi 25Bankan property, shifting the planned acquirer from J. FRONT CITY DEVELOPMENT to a special purpose company named GK Hotensia 25. The new buyer,...
Activia Properties to Acquire Okinawa Hotel Asset in Portfolio Shift
May 26, 2026
Activia Properties Inc., a Tokyo-listed real estate investment corporation managed by TLC REIT Management Inc., is expanding its portfolio with a focus on hospitality assets in key urban and tourist locations. The company applies an asset replacem...
Activia Properties to Redeem Silent Partnership Stake, Declines Preferential Purchase on Logistics Asset
Apr 28, 2026
Activia Properties, through its asset manager TLC REIT Management, will have its silent partnership interests in a domestic logistics asset redeemed following the sale of LOGI’Q Kashiwa by the partnership operator Kashiwa Logi Investment GK....
Activia Properties Refinances Short-Term Debt With New ¥1.9 Billion Long-Term Loan
Apr 10, 2026
Activia Properties has arranged a new long-term borrowing of 1.9 billion yen from Resona Bank and SBI Shinsei Bank at a floating rate tied to the JBA one-month Japanese Yen TIBOR, with drawdown scheduled for April 17, 2026 and maturity on April 17...
Activia Properties’ Asset Manager Restructures Organization and Board
Mar 27, 2026
TLC REIT Management Inc., the asset manager for Activia Properties Inc., will abolish its Environmental Engineering Department on April 1, 2026, transferring responsibilities for repairs, due diligence support, and technical services for API’...
Activia Properties Locks In Fixed Rate on ¥3.32 Billion Borrowing via Interest Rate Swap
Mar 26, 2026
Activia Properties has entered into an interest rate swap agreement to convert the floating-rate interest on a previously announced ¥3.32 billion long-term borrowing into an effectively fixed rate of 2.79025% until March 2034. The swap, concl...
Activia Properties Refinances ¥3.32 Billion Loan, Extends Debt Maturity to 2034
Mar 23, 2026
Activia Properties Inc. has arranged a new long-term borrowing of 3.32 billion yen from a syndicate of major Japanese banks, including Sumitomo Mitsui Trust Bank, Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation. The loan, maturing i...
Activia Properties Locks In Funding Costs With ¥5.4 Billion Interest Rate Swap
Mar 17, 2026
Activia Properties Inc. has entered into an interest rate swap to convert a floating-rate, long-term loan of ¥5.4 billion into an effective fixed rate. The underlying borrowing, sourced from a syndicate of major Japanese banks, carries a floa...
Activia Properties Sets Interest Rate on ¥1.05 Billion Long-Term Loan
Mar 17, 2026
Activia Properties Inc. has set the interest rate on a previously announced long-term fixed-rate borrowing from Development Bank of Japan Inc., locking in a rate of 2.42125% on a ¥1.05 billion loan. The funds, to be drawn down on March 19, 20...
Activia Properties Refinances ¥10.5 Billion Debt With Long-Term ESG-Linked Loans
Mar 12, 2026
Activia Properties has arranged new long-term borrowings totaling ¥10.5 billion from a syndicate of major banks including Sumitomo Mitsui Trust Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, and Development Bank of Japan. ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.