Top Page
Heiwa Real Estate REIT, Inc.
(8966)
Heiwa Real Estate REIT, Inc. (8966) vs. iShares MSCI Japan ETF (EWJ)
Heiwa Real Estate REIT, Inc. Business Overview & Revenue Model
Heiwa Real Estate REIT, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.78B | 17.78B | 16.71B | 15.16B | 13.61B | 13.66B |
| Gross Profit | 11.15B | 11.15B | 10.40B | 9.39B | 8.29B | 8.49B |
| EBITDA | 12.39B | 11.09B | 10.54B | 9.42B | 8.49B | 8.80B |
| Net Income | 8.98B | 8.04B | 7.55B | 6.76B | 5.89B | 6.06B |
Balance Sheet | ||||||
| Total Assets | 249.19B | 249.19B | 240.87B | 221.53B | 203.21B | 188.92B |
| Cash, Cash Equivalents and Short-Term Investments | 17.45B | 11.78B | 12.87B | 12.50B | 11.22B | 13.63B |
| Total Debt | 125.89B | 114.04B | 112.54B | 99.56B | 90.86B | 86.17B |
| Total Liabilities | 124.30B | 124.30B | 122.34B | 108.52B | 99.01B | 94.01B |
| Stockholders Equity | 125.61B | 124.89B | 118.53B | 113.01B | 104.19B | 94.91B |
Cash Flow | ||||||
| Free Cash Flow | -7.68B | -1.24B | -7.98B | -12.11B | -10.44B | 2.84B |
| Operating Cash Flow | 14.56B | 12.95B | 11.30B | 13.29B | 8.80B | 11.00B |
| Investing Cash Flow | -21.57B | -13.50B | -19.19B | -23.50B | -17.09B | -8.14B |
| Financing Cash Flow | 9.16B | -632.70M | 11.11B | 10.12B | 7.86B | -3.14B |
Heiwa Real Estate REIT, Inc. Technical Analysis
Heiwa Real Estate REIT, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥174.19B | 16.01 | ― | 4.70% | 50.47% | 26.45% | |
75 Outperform | ¥199.24B | 21.26 | ― | 4.96% | 13.33% | 8.96% | |
69 Neutral | ¥199.00B | 20.79 | 7.82% | 3.87% | 21.72% | 5.02% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | ¥210.75B | 24.95 | ― | 4.51% | 65.46% | -0.92% | |
64 Neutral | ¥166.55B | 20.62 | ― | 4.47% | 17.32% | 17.54% |
Heiwa Real Estate REIT, Inc. Corporate Events
Heiwa Real Estate REIT, Inc. has finalized the interest rate on a previously announced term loan, setting a fixed rate of 2.80220% on a 2 billion yen borrowing from MUFG Bank, Ltd., with drawdown scheduled for December 23, 2025 and repayment due on November 30, 2034. The company stated that the risks associated with this borrowing are unchanged from those already disclosed in its securities filings, suggesting that the new long-term, fixed-rate financing is consistent with its existing financial risk profile and funding strategy.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. has arranged a new series of unsecured, unguaranteed long-term loans totaling ¥5.17 billion from Resona Bank, MUFG Bank and Mizuho Bank, with maturities stretching from 2033 to 2034 and a mix of TIBOR-linked and fixed interest rates. The proceeds will be used to partially finance the acquisition of three residential properties — HF SHIMO-AKATSUKA RESIDENCE, HF TOKIWADAI RESIDENCE and HF AYASE RESIDENCE — and related costs, lifting the REIT’s total interest-bearing liabilities from ¥128.37 billion to ¥133.54 billion and underscoring its continued balance-sheet-driven expansion of its domestic residential portfolio.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. announced the acquisition of three residential properties in Tokyo, aiming to expand its asset portfolio and improve unitholder value. These acquisitions, valued at 4,830 million yen, are expected to enhance the company’s market position by providing high-quality living spaces with modern amenities, contributing to sustainable growth and environmental initiatives.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. has completed the acquisition of HF OSHIAGE RESIDENCE, a property located in Sumida-ku, Tokyo, for 2,140 million yen. This acquisition is part of the company’s strategy to enhance its portfolio in the primary investment area. Tokyu Housing Lease Corporation has been appointed as the property management and master lease company, which will manage the property under a pass-through lease type, potentially impacting the company’s operational efficiency and market positioning.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. has announced the settlement of the interest rate for a loan amounting to 1,365 million yen with MUFG Bank, Ltd. The fixed interest rate is set at 2.36625%, with the drawdown date on November 28, 2025, and the principal repayment date on November 30, 2032. This financial maneuver is part of the company’s strategic management of its debt portfolio, ensuring stable financial operations without altering the associated risks as previously reported.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. announced the conclusion of interest rate swap agreements to stabilize interest rates on two loans, totaling 1,855 million yen. This strategic move aims to hedge against future interest rate fluctuations, ensuring financial stability and predictability in loan repayments, which is crucial for maintaining investor confidence and operational efficiency.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. has announced a significant financial maneuver involving the borrowing of funds and repayment of loans. The company has secured multiple unsecured and unguaranteed loans totaling several billion yen from various financial institutions, with repayment dates extending up to 2032. This strategic move is likely aimed at optimizing their capital structure and supporting future growth initiatives, potentially impacting their market positioning and offering implications for investors in terms of financial stability and growth prospects.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. announced a partial early repayment of a loan amounting to 300 million yen, reducing its total interest-bearing debt from 128,370 million yen to 128,070 million yen. This strategic financial move is intended to manage the company’s debt profile effectively, although it does not alter the risk factors previously outlined in their fiscal report.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen173363.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.
Heiwa Real Estate REIT, Inc. announced the conclusion of interest rate swap agreements to hedge against interest rate fluctuations for several term loans. This strategic move aims to stabilize the company’s financial expenses by fixing the interest rates on these loans, potentially enhancing financial predictability and reducing risk exposure for stakeholders.
The most recent analyst rating on (JP:8966) stock is a Buy with a Yen155492.00 price target. To see the full list of analyst forecasts on Heiwa Real Estate REIT, Inc. stock, see the JP:8966 Stock Forecast page.