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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 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.78B | 17.78B | 16.71B | 13.61B | 13.66B | 12.71B |
| Gross Profit | 11.15B | 11.15B | 10.40B | 8.29B | 8.49B | 7.55B |
| EBITDA | 12.39B | 11.09B | 10.54B | 8.49B | 8.80B | 6.99B |
| Net Income | 8.98B | 8.04B | 7.55B | 5.89B | 6.06B | 5.08B |
Balance Sheet | ||||||
| Total Assets | 249.19B | 249.19B | 240.87B | 203.21B | 188.92B | 185.93B |
| Cash, Cash Equivalents and Short-Term Investments | 17.45B | 11.78B | 12.87B | 11.22B | 13.63B | 12.28B |
| Total Debt | 125.89B | 114.04B | 112.54B | 90.86B | 86.17B | 82.47B |
| Total Liabilities | 124.30B | 124.30B | 122.34B | 99.01B | 94.01B | 90.28B |
| Stockholders Equity | 125.61B | 124.89B | 118.53B | 104.19B | 94.91B | 95.65B |
Cash Flow | ||||||
| Free Cash Flow | -7.68B | -1.24B | -7.98B | -10.44B | 2.84B | -25.80M |
| Operating Cash Flow | 14.56B | 12.95B | 11.30B | 8.80B | 11.00B | 9.92B |
| Investing Cash Flow | -21.57B | -13.50B | -19.19B | -17.09B | -8.14B | -9.73B |
| Financing Cash Flow | 9.16B | -632.70M | 11.11B | 7.86B | -3.14B | -3.17B |
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 |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥187.86B | 19.97 | 4.91% | 13.33% | 8.96% | ||
63 Neutral | $7.02B | 13.29 | -0.50% | 6.92% | 4.08% | -25.24% | |
| ― | $1.30B | 21.28 | 7.49% | 4.65% | ― | ― | |
74 Outperform | ¥174.01B | 15.99 | 4.88% | 50.47% | 26.45% | ||
| ― | ¥163.91B | 18.72 | 5.81% | ― | ― | ||
69 Neutral | ¥160.62B | 21.37 | 4.42% | 6.34% | 14.04% | ||
64 Neutral | ¥203.63B | 22.79 | 4.38% | 13.38% | -6.44% |
Heiwa Real Estate REIT, Inc. Corporate Events
Heiwa Real Estate REIT, Inc. announced the determination of the number of investment units for issuance through a Third-Party Allotment, with 2,600 units to be issued at a total value of 309,457,200 yen. The proceeds will be used to fund the acquisition of specified assets and related expenses, with any remaining balance kept as cash reserves for future acquisitions.
Heiwa Real Estate REIT, Inc. announced the settlement of interest rates for two term loans with MUFG Bank, Ltd., totaling 440 million yen. The fixed interest rates for these loans are set at 1.55125% and 1.89625%, with repayment dates in 2029 and 2032, respectively. This financial move is part of the company’s ongoing efforts to manage its capital structure effectively, with no change in the associated investment risks as previously detailed.
Heiwa Real Estate REIT, Inc. has announced the renewal of its commitment line agreements, maintaining a loan limit of 8 billion yen with major banks including Sumitomo Mitsui Banking Corporation, MUFG Bank, Mizuho Bank, and Resona Bank. This renewal aims to enhance financial flexibility and liquidity, supporting the company’s strategy for acquiring new properties and managing debt obligations, thereby reinforcing its financial stability and operational capabilities.
Heiwa Real Estate REIT, Inc. announced its decision to borrow funds and repay loans, involving multiple tranches with different lenders, totaling several billion yen. This move is part of the company’s financial strategy to manage its debt and optimize its capital structure, which could impact its financial stability and investor confidence.
Heiwa Real Estate REIT, Inc. announced the determination of prices for a new issuance and secondary offering of investment units. The proceeds from these offerings will be used to fund acquisitions of specified assets and repay loans, which is expected to enhance the company’s asset portfolio and financial stability.
Heiwa Real Estate REIT, Inc. announced its decision to make an early repayment of loans totaling 4,850 million yen, facilitated by the issuance of new investment units. This financial maneuver is expected to reduce the company’s total interest-bearing debt, potentially strengthening its financial position and operational flexibility. The early repayment reflects the company’s proactive approach to managing its liabilities, which could positively impact its market standing and reassure stakeholders about its financial health.
Heiwa Real Estate REIT, Inc. has announced the acquisition of three domestic assets: Park East Sapporo, KYOMACHIBORI SQUARE, and HF OSHIAGE RESIDENCE. This strategic move aims to enhance the company’s portfolio in key investment areas, including Sapporo, Osaka, and Tokyo, with a total expected acquisition price of 6,965 million yen. The acquisitions are financed through the issuance of new investment units and cash on hand, indicating a robust financial strategy to support growth and strengthen market positioning.
Heiwa Real Estate REIT, Inc. announced revisions to its management status forecasts for the fiscal period ending November 2025 and provided new forecasts for the fiscal period ending May 2026. The revisions reflect changes due to the issuance of new investment units and the acquisition of new assets. The company expects slight increases in operating revenue, operating income, and net income for the November 2025 period, while maintaining a stable distribution per unit. These changes are part of the company’s strategy to enhance its asset portfolio and financial performance.
Heiwa Real Estate REIT, Inc. has announced a resolution to issue new investment units and conduct a secondary offering. This strategic move aims to raise capital through a public offering of 54,000 new investment units and a secondary offering of 2,600 units, with pricing and other specifics to be determined based on market conditions. This initiative is expected to enhance the company’s financial flexibility and strengthen its market position, potentially impacting stakeholders by increasing investment opportunities and liquidity.