Tosei Reit Investment Corporation

Tosei Reit Investment Corporation

3451.T
Tosei Reit Investment CorporationJP flagTokyo Stock Exchange
132,800.00
JPY
+500.00
- -
50.35BMarket Cap
Tosei Reit Investment Corporation
3451.T
(Tokyo Stock Exchange)

Recent

price

132,800.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2021
2022
2023
2024
2025
FRC
18,081.28
16,343.68
17,740.97
17,297.03
18,594.2
18,039.42
- -
18,998.83
18,801.02
19,317.2
19,232.12
- -
Revenue per Share
5,849.61
6,702.11
6,973.96
6,966.92
7,934.22
7,409.06
- -
7,575.81
7,257.46
7,399.23
7,443.91
- -
Basic EPS, GAAP
-206,392.82
-76,245.82
-19,558.06
-32,285.22
-26,379.3
-31,046.5
- -
2,718.48
-7,760.98
6,278.84
-1,480.11
- -
Free Cash Flow per Basic Share
- -
5,081.07
6,554.5
6,175.26
6,901.17
6,760.81
- -
7,446.99
7,048.19
7,298.58
7,271.34
- -
Dividend per Share
117,865.72
104,324.06
102,244.75
3,453.75
106,443.09
111,998.72
- -
111,237.81
113,897.29
113,839.51
114,190.64
- -
Book Value per Share
121,287.37
107,825.43
105,665.25
105,421.25
103,367.88
109,424.34
- -
108,683.88
111,471.47
111,440.98
111,880.6
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
1,461
2,583
3,250
4,054
5,259
6,094
6,409
6,469
6,740
7,004
7,240
7,421
Sales/Revenue/Turnover
47.02
48.65
47.58
48.91
51.96
49.79
49.7
49.24
47.5
46.92
47.4
47.93
Operating Margin (%)
182
328
412
490
580
701
736
760
833
865
926
954
Depreciation Expense
473
1,059
1,278
1,633
2,244
2,503
2,598
2,580
2,602
2,683
2,802
2,894
Net Income, GAAP
0.42
0.18
0.14
0.11
2.16
0.07
1.33
1.44
0.07
0.07
0.07
0.07
Effective Tax Rate (%)
32.35
41.01
39.31
40.28
42.67
41.07
40.54
39.88
38.6
38.3
38.71
39
Profit Margin (%)
2,175
-868
1,706
1,069
813
1,093
- -
2,188
1,065
1,543
-463
-1,634
Working Capital
9,169
11,500
16,700
20,000
24,800
30,700
- -
33,300
34,700
35,300
35,000
34,600
LT Debt
9,802
17,044
19,358
24,711
30,106
37,833
- -
37,877
40,831
41,274
42,988
43,031
Total Equity
- -
4.87
4.37
4.56
4.94
4.57
8.56
8.22
4.04
3.99
4.07
4.12
Return on Invested Capital (%)
- -
4.59
4.13
5.89
5.97
4.28
8.04
7.71
3.8
3.77
3.84
3.92
Return on Capital (%)
- -
8.14
7.25
16.71
14.52
7.37
13.73
13.62
6.61
6.53
6.65
6.73
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.65%
0.1%
Free Cash Flow
-174.48%
-345.43%
-532.21%
Net Income, GAAP
11.22%
2.2%
3.28%
Sales/Revenue/Turnover
11.62%
2.98%
2.5%
Total Cash Common Dividend
14.48%
2.66%
4.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,004
2024
- -
- -
- -
- -
7,240
2025
- -
- -
- -
- -
7,421

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,399.23
2024
- -
- -
- -
- -
7,443.91
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,298.58
2024
- -
- -
- -
- -
7,271.34
2025
- -
- -
- -
- -
- -
Business
Tosei Reit Investment Corporation is a Japanese real estate investment trust (REIT) specializing in the acquisition and management of income-producing properties. Its core products and services encompass investments primarily in office buildings and commercial facilities located predominantly in the Tokyo metropolitan area. The company focuses on adding value to its portfolio through strategic asset management leveraging the expertise of its parent company, Tosei Corporation, especially in revitalizing and refurbishing older or functionally depreciated buildings to enhance yield and stability. Tosei Reit operates within Japan's real estate market, managing a diversified portfolio to deliver sustainable income and capital growth to unitholders. Founded in 2005 and headquartered in Tokyo, Tosei Reit benefits from strong sponsorship and operational support from Tosei Corporation, which provides extensive know-how in real estate revitalization, development, rental, fund management, and property management. The company actively pursues both external growth through acquisitions from Tosei's pipeline and internal growth via asset management improvements. Its assets under management exceed 2.6 trillion yen as of 2025, reflecting significant scale in Japan’s REIT sector. Recent major developments include the strategic expansion of property acquisition opportunities with a memorandum of understanding on sponsor support from Tosei Corporation, facilitating access to diversified and high-potential real estate assets. Tosei Reit also recently signed acquisition contracts for key properties such as the Nishidai NC Building, strengthening its portfolio. The company has enhanced its operational focus on optimizing occupancy rates and rental income stability amid a recovering Japanese real estate market environment, adapting to market shifts and investor demands. These actions underline Tosei Reit's commitment to long-term value creation and sustainable growth for its investors. Tosei Reit Investment Corporation operates exclusively in Japan and targets institutional investors and retail unitholders seeking stable and growing income from real estate assets concentrated in urban commercial hubs. It publishes regular financial results and updates on occupancy and portfolio performance, maintaining transparency and engagement with the investment community. The company's approach integrates Tosei Corporation's real estate revitalization and asset management capabilities to maintain competitive advantages in managing risk and capturing growth opportunities.