Daiwa Office Investment Corporation (JP:8976)
:8976
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8976 Stock Chart & Stats
¥374500.00
¥200.00(0.07%)
At close: 4:00 PM EST
¥374500.00
¥200.00(0.07%)
Day’s Range― - ―
52-Week Range¥300,500.00 - ¥391,000.00
Previous CloseN/A
Volume1.15K
Average Volume (3M)1.33K
Market Cap
¥297.25B
Enterprise Value¥482.16B
Total Cash (Recent Filing)¥33.04B
Total Debt (Recent Filing)¥217.95B
Price to Earnings (P/E)20.6
Beta0.13
Next Earnings
Jul 17, 2026EPS Estimate
8,115.5Next Dividend Ex-DateN/A
Dividend Yield3.94%
Share Statistics
EPS (TTM)15345.10
Shares Outstanding934,745
10 Day Avg. Volume992
30 Day Avg. Volume1,334
Financial Highlights & Ratios
PEG Ratio2.69
Price to Book (P/B)1.45
Price to Sales (P/S)9.40
P/FCF Ratio16.05
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)14,789
Revenue Forecast (FY)¥31.04B
Bulls Say, Bears Say
Bulls Say
Strong ProfitabilityDaiwa Office shows above‑typical operating and net margins for an office REIT, indicating disciplined cost control and pricing power in core leases. Durable margins support stable distributable income and resilience to cyclical rent pressure, aiding long‑term cash returns to unitholders.
2025 Revenue ReboundA material revenue uptick in 2025 reflects successful leasing or reversion dynamics, improving portfolio cash flows. Sustained revenue recovery reduces vacancy risk, strengthens rent roll durability, and provides a firmer base for future distributions and reinvestment in the portfolio.
Improving Free Cash FlowThe FCF rebound indicates better cash conversion from operations and greater internal funding for maintenance, debt service, or distributions. Improved FCF reduces reliance on external financing for acquisitions and payouts, enhancing financial flexibility over the medium term.
Bears Say
Meaningful LeverageLeverage at ~0.8–0.9x is meaningful for a REIT and has crept higher since 2021–2023, reducing buffer versus interest rate or cash flow shocks. Persistent leverage limits strategic flexibility, increases refinancing risk, and can pressure distributions if borrowing costs rise materially.
Uneven Cash ConversionOperating cash flow has consistently lagged accounting earnings, and 2024 FCF coverage was weak, signaling volatility in converting profits into usable cash. This uneven conversion raises risk for stable distributions and makes the REIT more sensitive to timing of receipts and working capital swings.
Modest ROE And Margin TrendROE of ~5–6% and declining margins since prior years imply limited return on equity and potential margin pressure from higher expenses or lease renegotiations. Over time this constrains ability to grow NAV per unit and to fund higher distributions without external capital.
Daiwa Office Investment Corporation News
8976 FAQ
What was Daiwa Office Investment Corporation’s price range in the past 12 months?
Daiwa Office Investment Corporation lowest stock price was ¥300500.00 and its highest was ¥391000.00 in the past 12 months.
What is Daiwa Office Investment Corporation’s market cap?
Daiwa Office Investment Corporation’s market cap is ¥297.25B.
When is Daiwa Office Investment Corporation’s upcoming earnings report date?
Daiwa Office Investment Corporation’s upcoming earnings report date is Jul 17, 2026 which is in 47 days.
How were Daiwa Office Investment Corporation’s earnings last quarter?
Daiwa Office Investment Corporation released its earnings results on Jan 22, 2026. The company reported ¥7996 earnings per share for the quarter, missing the consensus estimate of ¥8239.95 by -¥243.95.
Is Daiwa Office Investment Corporation overvalued?
According to Wall Street analysts Daiwa Office Investment Corporation’s price is currently Overvalued.
Does Daiwa Office Investment Corporation pay dividends?
Daiwa Office Investment Corporation pays a Semiannually dividend of ¥7900 which represents an annual dividend yield of 3.94%. See more information on Daiwa Office Investment Corporation dividends here
What is Daiwa Office Investment Corporation’s EPS estimate?
Daiwa Office Investment Corporation’s EPS estimate is 8,115.5.
How many shares outstanding does Daiwa Office Investment Corporation have?
Daiwa Office Investment Corporation has 934,745 shares outstanding.
What happened to Daiwa Office Investment Corporation’s price movement after its last earnings report?
Daiwa Office Investment Corporation reported an EPS of ¥7996 in its last earnings report, missing expectations of ¥8239.95. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Daiwa Office Investment Corporation?
Currently, no hedge funds are holding shares in JP:8976
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Daiwa Office Investment Corporation
Daiwa Office Investment Corporation is a REIT focused on investment and management of office buildings in the Central 5wards of Tokyo.
Technical Analysis
Japan Real Estate Investment
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Hulic Reit, Inc.
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ORIX JREIT Inc.
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Ichigo Office REIT Investment Corporation
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Options Prices
Currently, No data available
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