1. Japan Stocks

  2. •

    Real Estate

  3. •

    REIT - Diversified
Activia Properties Inc.

Activia Properties Inc.

ATVXF
Activia Properties Inc.US flagOther OTC
915.33
USD
+0.00
- -
727.57MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
9,685.51
10,680.57
11,371.48
11,763.27
12,444.33
12,971.02
13,199.41
12,991.43
12,924.73
12,958.25
14,377.39
13,163.67
13,642.86
Basic EPS, GAAP
5,411.5
5,374.95
5,662.5
5,915.02
6,199.65
6,359.43
6,751.89
6,351.67
6,386.66
6,368.91
7,210.14
5,652.88
6,021.56
Free Cash Flow per Basic Share
-4,595.71
-32,700.63
-24,603.72
-29,766.27
-17,848.88
-4,532.63
-21,763.72
2,527.71
-9,569.23
9,595.53
6,030.05
6,123.31
6,380.26
Dividend per Share
5,132.68
4,808.66
5,202.76
5,569.24
5,794.52
6,129.46
6,263.44
6,544.74
6,223.31
6,308
6,410.25
6,216.2
6,009.93
Book Value per Share
76,780.09
87,089.23
93,984.1
98,678.77
104,480.42
106,945.62
111,285.15
110,531.79
118,646.32
112,390.84
113,096.64
111,488.11
112,244.11
Tangible Book Value per Share
73,073.92
84,032.6
91,226.22
96,029.06
99,938.83
102,607.37
107,355.01
106,605.3
114,791.33
108,702.78
109,705.45
108,406.93
108,887.68
Basic Weighted Avg Shares
1
1
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
11,928
15,954
18,822
21,093
24,828
27,142
30,386
30,058
30,362
31,691
34,827
31,417
32,420
Operating Margin (%)
62.82
57.51
56.63
57.31
56.61
55.33
56.87
54.68
55.53
55.37
55.75
49.67
51.16
Depreciation Expense
1,007
1,503
1,813
2,042
2,366
2,502
2,594
2,670
2,727
2,745
2,941
3,126
3,237
Net Income, GAAP
6,665
8,029
9,372
10,606
12,369
13,307
15,544
14,696
15,003
15,576
17,465
13,491
14,309
Effective Tax Rate (%)
0.03
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.19
0.99
0.09
0.01
0.01
Profit Margin (%)
55.87
50.32
49.8
50.28
49.82
49.03
51.15
48.89
49.41
49.15
50.15
42.94
44.14
Working Capital
-7,389
-8,615
-9,268
-20,312
-18,912
-21,240
-4,337
-17,139
-8,793
-13,492
-12,176
-19,829
-17,813
LT Debt
75,000
92,800
115,500
145,350
161,150
166,650
216,050
211,600
233,250
227,100
231,350
225,970
228,530
Total Equity
94,560
130,086
155,561
177,018
208,523
223,842
256,198
255,706
278,717
274,906
274,803
267,784
267,811
Return on Invested Capital (%)
4.23
4.33
3.99
3.74
3.7
3.62
3.78
3.32
3.24
3.23
3.6
2.91
3.11
Return on Capital (%)
4.17
4.17
3.87
3.63
3.59
3.53
3.7
3.24
3.14
3.16
3.53
2.83
3.04
Return on Common Equity (%)
7.17
7.15
6.56
6.38
6.42
6.16
6.48
5.74
5.61
5.63
6.36
5
5.37

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
5.83%
1.01%
0.01%
Free Cash Flow
-48.17%
-144.55%
3.75%
Net Income, GAAP
5.01%
0.27%
6.06%
Sales/Revenue/Turnover
5.87%
1.74%
3.19%
Total Cash Common Dividend
5.46%
-1.1%
-3.74%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
34,827
2024
- -
- -
- -
- -
31,417
2025
- -
- -
- -
- -
32,420

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,210.14
2024
- -
- -
- -
- -
5,652.88
2025
- -
- -
- -
- -
6,021.56

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
6,410.25
2024
- -
- -
- -
- -
6,216.2
2025
- -
- -
- -
- -
6,009.93

Company Description

APIChat
CEO
Nobuhide Kashiwagi
Sector
Real Estate
Industry
REIT - Diversified
Address
Shin-Aoyama Building East 9F Tokyo Japan 107-0062
IPO Date
Jan 26, 2017
Website
activia-reit.co.jp
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Business
Activia Properties Inc is a Japanese real estate investment trust focused on the acquisition, leasing, and management of urban retail and office properties primarily in the Greater Tokyo area. Its portfolio consists mainly of retail units near major train stations and corporate office buildings in key urban locations. The company generates revenue through rental income from these properties and engages in property management services and asset operation. Founded in 2011 and headquartered in Tokyo, Japan, Activia Properties aims to maximize unitholder value by maintaining a stable and sustainable property portfolio with competitive location, scale, and quality. It operates with a strong emphasis on sustainability, implementing energy-saving renovations, LED lighting installation, and renewable energy procurement with a goal to transition entirely to renewable electricity by March 2026. In the last 1-2 years, Activia Properties has pursued several corporate and operational developments including the conclusion of new lease agreements such as with Times24 Co., Ltd., and continued collaboration with TLC REIT Management Inc. for asset management operations. It has maintained high environmental, social, and governance (ESG) standards, receiving a 4-star rating in the 2025 GRESB Real Estate Assessment along with a Green Star designation for the 12th consecutive year. The company issued sustainability reports to enhance ESG disclosure and has implemented green lease agreements linking tenant energy savings to refurbishment investments. Activia Properties also recently announced a key leadership change at its asset management subsidiary TLC REIT Management Inc. The firm continues to focus on strategic sustainability initiatives, portfolio quality maintenance, and stakeholder engagement to support long-term stable growth. Activia Properties Inc actively targets institutional and retail investors interested in real estate investment trusts with strong ESG commitments and operates largely within the Japanese market. Its main tenants include corporate entities such as Tokyu Land Corporation, which is also a controlling shareholder in the related asset management company. The company’s business segments cover urban retail and office real estate investment, property management, leasing, and sustainability-focused property asset management. Its ongoing operational improvements, ESG accolades, and strategic leasing activities underscore its efforts to adapt to evolving market and environmental expectations while maintaining steady income generation. This description reflects the company's comprehensive product and service offerings alongside its recent strategic and operational changes through late 2025.