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    Real Estate

  3. •

    REIT - Industrial
Daiwa Securities Living Investment Corporation

Daiwa Securities Living Investment Corporation

JRHIF
Daiwa Securities Living Investment CorporationUS flagOther OTC
642.54
USD
- -
- -
1.53BMarket 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
8,902.9
9,318.33
9,649.44
9,803.02
10,361.81
10,082.12
10,192.98
9,683.22
10,056.29
10,295.91
10,910.64
11,400.39
12,511.9
Basic EPS, GAAP
2,930.48
3,392.92
3,340.17
3,389.78
3,912.1
3,824.84
3,977.24
4,568.09
4,197.19
4,206.55
4,578.6
4,992.81
5,791.06
Free Cash Flow per Basic Share
4,251.46
-5,839.36
-8,981.96
-2,053.9
1,246.07
4,989.35
3,793.34
-22,812.01
-7,496.86
-1,745.84
582.99
-11,798.42
6,463.97
Dividend per Share
2,796.2
3,114.11
3,259.29
3,469.06
3,602.59
3,887.09
3,953.92
3,243.3
4,299.95
4,268.3
4,326.32
4,395.82
5,175.08
Book Value per Share
54,490.11
53,646.84
60,633.52
57,590.38
57,990.32
57,820.32
57,974.06
60,239.26
60,689.35
62,058.73
63,642.66
66,028.53
66,774.42
Tangible Book Value per Share
64,436.04
62,040.7
68,826.36
65,204.94
65,720.33
65,741.49
65,790.78
73,205.13
73,975.75
74,661.19
75,822
76,937.68
77,506.74
Basic Weighted Avg Shares
1
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
11,848
14,263
15,030
16,078
16,994
16,536
16,717
19,908
21,300
22,700
24,668
27,439
29,854
Operating Margin (%)
45.74
46.43
44.64
44.96
46.11
45.86
45.19
43.32
47.85
46.99
47.87
49.9
53.54
Depreciation Expense
2,209
2,724
3,016
3,384
3,572
3,618
3,652
4,142
4,776
5,007
5,194
5,352
5,368
Net Income, GAAP
3,900
5,193
5,203
5,559
6,416
6,273
6,523
9,392
8,890
9,274
10,352
12,017
13,818
Effective Tax Rate (%)
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
Profit Margin (%)
32.92
36.41
34.62
34.58
37.75
37.94
39.02
47.18
41.74
40.86
41.96
43.8
46.28
Working Capital
-3,632
-1,186
-3,320
-9,917
-10,459
-12,900
-9,309
-14,189
-1,082
-2,118
408
-12,045
-17,350
LT Debt
61,777
87,687
92,262
94,949
98,126
94,334
98,088
127,973
159,187
163,487
169,147
183,127
177,235
Total Equity
86,299
95,511
107,748
107,487
108,332
108,369
108,447
151,117
157,295
165,219
171,996
187,822
187,575
Return on Invested Capital (%)
3.34
3.71
3.26
3.27
3.46
3.35
3.37
3.27
3.22
3.15
3.34
3.64
4.07
Return on Capital (%)
3.26
3.72
3.23
3.18
3.47
3.37
3.48
4.19
3.42
3.34
3.53
3.83
4.3
Return on Common Equity (%)
5.18
6.72
5.89
5.89
6.77
6.61
6.87
8.58
7.04
6.99
7.38
7.94
8.68

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
6.23%
4.46%
-0.13%
Free Cash Flow
-349.89%
-536.98%
-154.31%
Net Income, GAAP
10.97%
8.34%
14.98%
Sales/Revenue/Turnover
7.24%
8.45%
8.8%
Total Cash Common Dividend
9.71%
13.75%
16.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
27,439
2025
- -
- -
- -
- -
29,854
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4,992.81
2025
- -
- -
- -
- -
5,791.06
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4,395.82
2025
- -
- -
- -
- -
5,175.08
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Frank N. D'Orazio
Full Time Employees
722
Sector
Real Estate
Industry
REIT - Industrial
Address
6-2-1 Ginza Tokyo TY Japan 104-0061
IPO Date
Jul 25, 2013
Website
daiwa-securities-living.co.jp
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Business
Daiwa Securities Living Investment Corporation (TSE: 8986) is a Japan-based closed-end real estate investment trust (REIT) that invests primarily in rental housing apartments and healthcare facilities to provide stable distributions to unitholders; its portfolio encompasses residential properties concentrated in Tokyo's 23 wards and surrounding areas, including family-type apartments, single-person units and senior housing; the REIT is externally managed by Daiwa Real Estate Asset Management Co. Ltd. and operates nationwide with a focus on urban markets serving individual tenants and institutional investors. Established on October 7, 2005 as re-plus residential investment inc. and listed on the Tokyo Stock Exchange in June 2006, it is headquartered at 6-2-1 Ginza, Chuo-ku, Tokyo. In April 2020, the corporation underwent an absorption-type merger with Nippon Healthcare Investment Corporation, resulting in a name change from Japan Rental Housing Investments Inc. and the addition of healthcare facilities to diversify its asset base. More recently, in October 2025, it agreed to acquire the trust beneficiary interests in SEASON FLATS KAMATA WEST for approximately 1.0 billion yen to enhance portfolio quality and revenue stability, with the transaction scheduled for completion on October 27, 2025; as of December 1, 2025, the portfolio comprises 235 properties valued at 391.2 billion yen in total acquisition price, reflecting ongoing strategic property replacements and operational improvements.