Heiwa Real Estate Co., Ltd.

Heiwa Real Estate Co., Ltd.

12.90
EUR
+0.10
(+0.78%)
872.13MMarket Cap
Oct 30Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
542.32
430.41
463.84
523.26
409.88
507.49
611.68
467.13
786.23
619.49
620.75
622.61
763.47
- -
Basic EPS, GAAP
36.35
31.27
55.25
56.58
66.29
79.36
92.41
94.87
118.37
127.13
118.05
141.54
165.62
- -
Free Cash Flow per Basic Share
59.74
-21.75
-68.29
62.19
-43.02
-448.76
221.32
-304.33
187.86
-231.83
18.44
-126.8
-89.93
- -
Dividend per Share
11.44
10.95
10.97
13.94
14.94
20.13
26.58
31.53
43.19
52.33
56.05
88.4
90.83
- -
Book Value per Share
1,077.43
1,156.65
1,188.48
1,222.39
1,315.01
1,409.87
1,418.62
1,595.02
1,634.85
1,667.14
1,755.31
1,767.03
1,918.58
- -
Tangible Book Value per Share
956
1,036.32
1,065.4
1,099.28
1,021.95
1,116.7
1,119.49
1,235.84
1,239.95
1,238.79
1,317.76
1,300.34
1,447.67
- -
Basic Weighted Avg Shares
80
80
80
80
80
78
76
75
74
72
72
68
67
33
Sales/Revenue/Turnover
43,284
34,347
37,010
41,747
32,698
39,480
46,639
35,048
57,818
44,522
44,433
42,075
50,855
- -
Operating Margin (%)
18.62
24.9
22.35
23.18
28.86
23.66
23.38
32.05
21.82
24.23
29.31
31.37
29.72
- -
Depreciation Expense
5,326
4,989
5,028
4,878
4,661
4,766
4,814
5,077
5,418
5,668
5,785
5,678
5,867
- -
Net Income, GAAP
2,901
2,495
4,408
4,514
5,288
6,174
7,046
7,118
8,705
9,137
8,450
9,565
11,032
- -
Effective Tax Rate (%)
27.09
45.76
31.46
28.17
32.22
36.35
29.34
30.32
30.6
31.09
31.9
23.07
30.6
- -
Profit Margin (%)
6.7
7.26
11.91
10.81
16.17
15.64
15.11
20.31
15.06
20.52
19.02
22.73
21.69
- -
Working Capital
-5,855
-11,081
-26,650
611
2,793
21,976
36,762
25,551
22,838
12,087
24,205
27,629
51,401
- -
LT Debt
123,786
125,832
106,175
125,058
134,239
154,504
168,898
173,624
181,032
198,869
201,567
221,925
232,765
- -
Total Equity
85,987
92,297
94,825
97,522
104,899
109,073
107,300
118,638
119,277
119,322
125,644
117,996
126,761
- -
Return on Invested Capital (%)
2.22
1.81
2.22
2.71
2.46
2.14
2.62
2.5
2.67
2.22
2.55
2.83
2.76
- -
Return on Capital (%)
1.78
1.43
2.19
2.18
2.39
2.51
2.72
2.59
2.97
3.06
2.78
3.1
3.38
- -
Return on Common Equity (%)
3.42
2.8
4.71
4.69
5.22
5.77
6.51
6.3
7.32
7.66
6.9
7.85
9.01
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
27,804
31,783
- -
LT Borrowings
222,348
232,765
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
66
66
Market Capitalization
154,168
159,973
159,526

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
55,978
93,373
- -
Cash, Cash Equivalents & STI
20,503
31,114
- -
Accounts Receivable, Net
2,120
2,114
- -
Inventories
29,440
56,067
- -
Total Current Liabilities
37,118
41,972
- -
Payables & Accruals
- -
- -
- -
ST Debt
27,804
31,783
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.05%
1.44%
7.43%
Free Cash Flow
-109.49%
-253.66%
-30.1%
Net Income, GAAP
9.97%
9.66%
15.34%
Sales/Revenue/Turnover
6.25%
11.47%
20.87%
Total Cash Common Dividend
22.13%
21.9%
1.27%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
42,075
2026
- -
- -
- -
- -
50,855
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
141.54
2026
- -
- -
- -
- -
165.62
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
88.4
2026
- -
- -
- -
- -
90.83
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kiyoyuki Tsuchimoto
Full Time Employees
265
Sector
Finance
Industry
Real estate development
Address
1-10, Nihonbashi Kabuto-cho Tokyo TY Japan 103-8222
IPO Date
May 16, 1949
Business
Heiwa Real Estate Co., Ltd. Heiwa Real Estate Co., Ltd. is a Japan-based real estate company primarily engaged in the development, leasing, management, operation, and sales of properties including stock exchange buildings, office buildings, commercial facilities, housing, conference venues, and restaurants; it operates through three main segments encompassing leasing activities, real estate solutions such as income property development, house sales, and brokerage, as well as other businesses including building renovation, insurance agency, and private nursing-home operations. The company focuses on urban redevelopment in key districts like Tokyo's Nihonbashi Kabutocho and Kayabacho, and Sapporo, with headquarters in Tokyo and founded in July 1947. Geographically, it concentrates operations within Japan, targeting financial centers, commercial hubs, and residential markets while managing assets for its affiliate HEIWA REAL ESTATE REIT, Inc., which specializes in medium-sized offices and residential properties. Recent developments include a capital and business alliance with Taisei Corporation to support its long-term vision "WAY 2040," the acquisition of a 24% co-ownership interest in the "Park East Sapporo" property in Hokkaido, and in December 2024, Heiwa Corporation—its golf-related affiliate—announced the acquisition of PJC Investments Holdings L.P., parent of Accordia Golf Co., Ltd., for JPY 510 billion, with closing anticipated in January 2025.