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Tokyo Tatemono Co
(8804)
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Rating:59Neutral
Price Target:
¥3,457.00
▼(-0.97% Downside)
Action:Reiterated
Date:08/07/26
The score is led by solid operating performance but is constrained by high leverage and persistently weak free-cash-flow generation. Technical indicators also point to softened momentum, while reasonable valuation and a ~3.5% dividend yield provide partial support.
Positive Factors
Accelerating revenue and healthy profitability
Sustained top-line acceleration with durable operating margins indicates the company can scale development and leasing operations while retaining profitability. That combination supports long-term cash flows, reinvestment in projects and dividend capacity even as project timing fluctuates, bolstering structural earnings power.
Negative Factors
High leverage
Consistently high net leverage raises refinancing and interest-rate sensitivity, limiting financial flexibility during downturns. Rising absolute debt magnifies exposure to funding-cost increases and could force asset disposals or more expensive financing, constraining strategic optionality over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating revenue and healthy profitability
Sustained top-line acceleration with durable operating margins indicates the company can scale development and leasing operations while retaining profitability. That combination supports long-term cash flows, reinvestment in projects and dividend capacity even as project timing fluctuates, bolstering structural earnings power.
Read all positive factors
Tokyo Tatemono Co (8804) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥703.49B
Dividend Yield3.48%
Average Volume (3M)745.24K
Price to Earnings (P/E)14.0
Beta (1Y)0.80
Revenue Growth-5.83%
EPS Growth-26.32%
CountryJP
Employees5,035
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)241.72
Shares Outstanding207,978,580
10 Day Avg. Volume964,040
30 Day Avg. Volume745,236
Financial Highlights & Ratios
PEG Ratio-1.22
Price to Book (P/B)1.25
Price to Sales (P/S)1.55
P/FCF Ratio-27.77
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 ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)309.58
Revenue Forecast (FY)¥523.65B
Tokyo Tatemono Co Business Overview & Revenue Model
Company Description
Tokyo Tatemono Co., Ltd. operates as a leading real estate firm within Japan, organizing its extensive activities into Building, Housing, Asset Service, Overseas, and Other Business segments. The company's core operations include the development, ...
How the Company Makes Money
Tokyo Tatemono primarily earns money through a mix of (1) recurring income from leasing and operating properties it owns and manages and (2) transactional income from developing and selling real estate. Key revenue streams typically include: (a) R...
Tokyo Tatemono Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
56
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 446.54B | 474.59B | 463.72B | 375.95B | 349.94B | 340.48B |
| Gross Profit | 105.01B | 118.02B | 104.01B | 88.43B | 82.38B | 73.68B |
| EBITDA | 118.38B | 128.22B | 129.54B | 97.44B | 88.82B | 83.22B |
| Net Income | 50.25B | 58.88B | 65.88B | 45.08B | 43.06B | 34.97B |
Balance Sheet | ||||||
| Total Assets | 2.39T | 2.27T | 2.08T | 1.91T | 1.72T | 1.65T |
| Cash, Cash Equivalents and Short-Term Investments | 117.49B | 152.29B | 111.14B | 127.31B | 82.44B | 87.01B |
| Total Debt | 1.47T | 1.34T | 1.21T | 1.09T | 987.57B | 954.40B |
| Total Liabilities | 1.78T | 1.67T | 1.53T | 1.40T | 1.26T | 1.22T |
| Stockholders Equity | 591.24B | 591.02B | 536.06B | 496.90B | 445.99B | 417.05B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -26.55B | -106.26B | -24.21B | -25.83B | 46.50B |
| Operating Cash Flow | 0.00 | 32.11B | 18.89B | 20.59B | -3.33B | 65.89B |
| Investing Cash Flow | 0.00 | -97.39B | -142.09B | -54.03B | -21.17B | -1.64B |
| Financing Cash Flow | 0.00 | 104.15B | 105.64B | 77.87B | 18.39B | -32.19B |
Tokyo Tatemono Co Technical Analysis
Negative
3491.00
Price Trends
3302.67
Negative
3418.15
Negative
3418.80
Negative
Market Momentum
1.77
Positive
41.55
Neutral
7.09
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8804, the sentiment is Negative. The current price of 3491 is above the 20-day moving average (MA) of 3413.35, above the 50-day MA of 3302.67, and above the 200-day MA of 3418.80, indicating a bearish trend. The MACD of 1.77 indicates Positive momentum. The RSI at 41.55 is Neutral, neither overbought nor oversold. The STOCH value of 7.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8804.
Tokyo Tatemono Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | ¥842.19B | 10.58 | 10.89% | 4.23% | 17.22% | 1.86% | |
61 Neutral | ¥143.50B | 7.65 | 14.49% | 2.93% | 12.51% | 12.42% | |
59 Neutral | ¥703.49B | 14.01 | 8.82% | 3.34% | -5.83% | -26.32% | |
58 Neutral | ¥1.34T | 11.18 | 13.09% | 3.51% | 22.88% | 16.05% | |
56 Neutral | ¥3.33T | 15.78 | 9.02% | 1.20% | 4.29% | 12.72% | |
54 Neutral | ¥169.15B | 9.90 | 15.16% | 2.66% | 27.38% | 29.98% |
* Real Estate Sector Average
JP:8804
Tokyo Tatemono Co
3,308.00
700.55
26.87%
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21.28%
Tokyo Tatemono Co Corporate Events
Tokyo Tatemono Ups 2026 Profit Outlook and Dividend Payout
Aug 6, 2026
Tokyo Tatemono has raised its full-year 2026 profit forecasts while keeping operating revenue unchanged at 524 billion yen, reflecting solid performance in commercial properties, residential projects and property sales to investors. The company no...
Tokyo Tatemono Navigates Profit Dip in 2025 First-Half While Targeting Higher Full-Year Earnings
Aug 6, 2026
Tokyo Tatemono reported steady growth in operating revenue and profits over recent fiscal years, with operating revenue rising from about ¥340 billion in 2021 to ¥463.7 billion in 2024, and an operating profit of ¥79.7 billion in 20...
Tokyo Tatemono Lifts Profit Outlook and Dividend as Mid-Year Earnings Improve
Aug 6, 2026
Tokyo Tatemono reported consolidated operating revenues of ¥194.4 billion for the six months to June 30, 2026, down 6.9% year on year, but boosted profitability with operating profit up 17.1% and profit attributable to owners of parent rising...
Tokyo Tatemono Q1 Profit Slumps, But Full-Year Outlook and Dividend Plan Held
May 27, 2026
Tokyo Tatemono reported a sharp downturn in earnings for the three months ended March 31, 2026, with operating revenues falling 22.1% year on year to ¥98.6 billion and profit attributable to owners of parent dropping 60.2% to ¥5.7 billio...
Tokyo Tatemono Injects ¥2.1 Billion Into Board Stock Compensation Trust
May 13, 2026
Tokyo Tatemono Co. has approved additional funding for its existing Board Benefit Trust stock compensation plan, which grants company shares to directors. The move underscores the company’s commitment to equity-based incentives as part of it...
Tokyo Tatemono Posts Soft Q1 FY2026 Results but Keeps Full-Year Outlook Intact
May 13, 2026
Tokyo Tatemono reported consolidated results for the first quarter of the fiscal year ending December 2026, showing operating revenue of ¥98.6 billion and operating profit of ¥12.6 billion. Operating gross profit came in at ¥24.0 bi...
Tokyo Tatemono Q1 Profit Slumps but Full-Year Outlook and Higher Dividend Intact
May 13, 2026
Tokyo Tatemono reported a sharp decline in earnings for the three months ended March 31, 2026, with operating revenues down 22.1% year on year to ¥98.6 billion and profit attributable to owners of parent falling 60.2% to ¥5.7 billion. De...
Tokyo Tatemono to Add ¥2.1 Billion to Board Stock Compensation Trust
May 13, 2026
Tokyo Tatemono will inject up to ¥2.1 billion into its existing Board Benefit Trust stock compensation plan to fund the purchase of additional common shares for directors’ future benefits. The move underscores the company’s contin...
Tokyo Tatemono Posts Softer Q1 but Keeps Aggressive 2026 Profit Outlook
May 13, 2026
Tokyo Tatemono reported its fact sheet for the first quarter of the fiscal year ending December 31, 2026, showing operating revenue of ¥98.6 billion and operating profit of ¥12.6 billion, both down from the previous year’s first qu...
Tokyo Tatemono Q1 Profit Slides, Full-Year Outlook Kept Intact
May 13, 2026
Tokyo Tatemono reported a sharp year-on-year decline in first-quarter earnings for the period ended March 31, 2026, with operating revenues down 22.1% to ¥98.6 billion and profit attributable to owners of the parent dropping 60.2% to ¥5....
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.