Tokyu Fudosan Holdings (3289) AI Stock Analysis

• Market Cap: $837.29B
• Dividend Yield: 2.92%
• Average Volume (3M): 2.50M
• Price to Earnings (P/E): 9.3
• Beta (1Y): 0.97
• Revenue Growth: 4.83%
• EPS Growth: 42.96%
• Country: JP
• Employees: 21,170
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Diversified
• EPS (TTM): 42.72
• Shares Outstanding: 719,831,000
• 10 Day Avg. Volume: 3,043,490
• 30 Day Avg. Volume: 2,497,620
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.85
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: 10.15
• Enterprise Value/Ebitda: 14.43
• 1Y Price Target: $1,237.11
• Price Target Upside: 6.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 74 Outperform
• Price Target: ¥1,160.00 ▼(-0.34% Downside)

Tokyu Fudosan Holdings' overall score reflects strong financial performance, particularly in revenue growth and profitability. The valuation suggests the stock is undervalued with a low P/E ratio and a good dividend yield. Technical analysis indicates mixed signals with potential support at key moving averages. The company's leverage and cash flow management remain areas to monitor closely.

Tokyu Fudosan Holdings Business Overview & Revenue Model

Company Description

Tokyu Fudosan Holdings Corporation, together with its subsidiaries, engages in the real estate business in Japan and internationally. The company operates through four segments: Urban Development, Strategic Investment, Property Management & Operation, and Real Estate Agents. The Urban Development segment develops and operates office buildings, commercial facilities, condominiums, leased housing, and other facilities. The Strategic Investment segment develops and improves infrastructures, such as renewable energy power generation and logistics facilities. The Property Management & Operation segment manages condominiums, buildings and facilities, and other properties; and constructs rental conference rooms and hotels, as well as leisure, healthcare, and environmental and greening management facilities. The Real-Estate Agents segment provides real-estate sales agent service and consignment sales; and engages in operations related to rental housing management. It also owns and manages resort facilities, urban style hotels, senior housings, and membership sports clubs. The company was founded in 1918 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Tokyu Fudosan Holdings generates revenue through multiple streams, primarily from its real estate development and management activities. The company's Urban Development segment earns revenue from the leasing and management of office buildings and commercial facilities. The Residential segment contributes through the sale and leasing of residential properties. Additionally, the company operates wellness facilities and resorts, generating income from hospitality services. Tokyu Fudosan Holdings also engages in property management services, providing maintenance and operational support for real estate assets, which adds to its revenue. Strategic partnerships and joint ventures in real estate projects further enhance its financial performance, while its diverse portfolio allows for stable income generation across different market conditions.

Tokyu Fudosan Holdings Financial Statement Overview

Summary

Tokyu Fudosan Holdings demonstrates solid financial health with strong revenue growth and profitability improvements. The balance sheet shows high leverage, which is common in the industry, balanced by a firm equity base. Cash flow management is crucial, given the negative Free Cash Flow due to heavy capital investments. Overall, the company is on a positive trajectory, with strengths in revenue and profit margins, but should monitor leverage and cash flow closely.

Income Statement

Tokyu Fudosan Holdings shows a strong performance in its income statement with consistent revenue growth and improving profit margins. The Gross Profit Margin improved to 21.33% in 2025 from 19.59% in 2024. Net Profit Margin increased to 6.74% from 6.21% over the same period, indicating better cost management. Revenue growth has been steady, with a 4.28% increase from 2024 to 2025. The EBIT Margin improved to 12.23%, reflecting enhanced operational efficiency. However, the EBITDA Margin of 17.08% suggests room for further improvement in operational leverage.

Balance Sheet

The company's balance sheet remains robust, with a stable Equity Ratio of 25.23% in 2025. The Debt-to-Equity Ratio is slightly high at 2.12, indicating significant leverage, which is typical in the real estate industry but poses a risk if cash flow weakens. The Return on Equity improved to 9.43%, showcasing a solid return for shareholders. Overall, while leveraging is high, the company maintains a strong equity base.

Cash Flow

Cash flow analysis reveals challenges with negative Free Cash Flow due to high capital expenditures, typical for real estate expansion. The Operating Cash Flow to Net Income Ratio is 0.61, indicating decent cash generation relative to net income. The Free Cash Flow to Net Income Ratio is negative, reflecting heavy reinvestment, which could impact liquidity if not managed properly. However, the company's operating cash flow remains positive, supporting ongoing operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.15T	1.10T	1.01T	989.05B	907.74B
Gross Profit	245.32B	216.03B	197.15B	193.90B	164.79B
EBITDA	196.55B	169.92B	160.16B	132.54B	101.66B
Net Income	77.56B	68.55B	48.23B	35.13B	21.67B
Balance Sheet
Total Assets	3.26T	3.03T	2.74T	2.63T	2.65T
Cash, Cash Equivalents and Short-Term Investments	182.24B	263.19B	186.01B	177.60B	210.93B
Total Debt	1.75T	1.59T	1.48T	1.42T	1.48T
Total Liabilities	2.42T	2.26T	2.04T	1.99T	2.04T
Stockholders Equity	822.53B	750.15B	684.63B	631.79B	596.67B
Cash Flow
Free Cash Flow	-23.10B	-88.85B	10.11B	30.19B	143.00M
Operating Cash Flow	47.43B	156.47B	94.74B	76.45B	100.41B
Investing Cash Flow	-139.38B	-178.19B	-120.06B	-31.79B	-116.03B
Financing Cash Flow	871.00M	97.77B	42.76B	-81.27B	108.34B

Tokyu Fudosan Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1164.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3289, the sentiment is Positive. The current price of 1164 is above the 20-day moving average (MA) of 1067.00, above the 50-day MA of 1053.02, and above the 200-day MA of 994.77, indicating a bullish trend. The MACD of 26.77 indicates Negative momentum. The RSI at 77.96 is Negative, neither overbought nor oversold. The STOCH value of 91.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3289.

Tokyu Fudosan Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3289	74 Outperform	$837.29B	9.33	11.37%	2.92%	4.83%	42.96%
Sector *	62 Neutral	AU$3.04B	9.11	-1.53%	5.10%	16.79%	44.03%
AMLLF	―	$4.26B	37.29	2.92%	1.87%	―	―
DITTF	―	$7.47B	11.53	21.89%	4.39%	―	―
MITEF	―	$25.47B	19.89	7.99%	1.41%	―	―
MTSFF	―	$29.30B	13.27	9.89%	0.01%	―	―
OPPPF	―	$5.91B	9.84	18.00%	―	―	―

Tokyu Fudosan Holdings Corporate Events

Tokyu Fudosan Holdings Extends Stock Compensation Plan with Additional Share Acquisition

Tokyu Fudosan Holdings Corporation has announced the continuation of its stock compensation plan for directors and executive officers, with an additional trust contribution to acquire more company shares. This move, approved by the board of directors, aims to align the interests of the company’s leadership with its long-term performance, potentially impacting shareholder value and corporate governance positively.

The most recent analyst rating on (JP:3289) stock is a Buy with a Yen1350.00 price target. To see the full list of analyst forecasts on Tokyu Fudosan Holdings stock, see the JP:3289 Stock Forecast page.

Tokyu Fudosan Holdings Affirms Independence Amid Tokyu Corporation Affiliation

Tokyu Fudosan Holdings Corporation announced its relationship with Tokyu Corporation, highlighting that Tokyu owns 16.06% of its voting rights. The company maintains a degree of independence in its operations despite its affiliation with Tokyu, ensuring that transactions between the two are limited in financial value. This positioning allows Tokyu Fudosan Holdings to pursue corporate activities that align with diverse values while enhancing the Tokyu brand.

The most recent analyst rating on (JP:3289) stock is a Buy with a Yen1350.00 price target. To see the full list of analyst forecasts on Tokyu Fudosan Holdings stock, see the JP:3289 Stock Forecast page.