Tokyu REIT, Inc.

Tokyu REIT, Inc.

TKURF
Tokyu REIT, Inc.US flagOther OTC
1,314.00
USD
- -
- -
1.26BMarket 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
15,148.16
15,019.96
15,011.48
17,174.04
14,764.89
14,476.22
15,231.57
16,701.32
17,059.6
20,778.42
20,710.34
- -
20,331.03
Basic EPS, GAAP
4,632.26
5,107.36
5,172.19
5,624.39
5,429.79
5,290
6,021.52
7,606.88
7,797.83
11,672.32
11,400.73
- -
9,972.5
Free Cash Flow per Basic Share
439.99
-19,344.91
12,156.99
4,062.25
7,370.74
5,142.24
1,352.19
8,770.81
-9,435.17
24,218
-1,917.49
- -
18,746.02
Dividend per Share
4,567.14
4,666.19
5,099.74
5,080.84
5,440.38
5,298.67
5,838.23
6,219.77
7,310.35
7,569.7
8,044
- -
7,931.8
Book Value per Share
118,125.94
116,103.49
115,462.19
116,004.58
115,420.66
115,750.39
115,933.91
116,955
116,631.96
120,733.29
123,655.37
- -
126,563.52
Tangible Book Value per Share
118,109.14
116,092.35
115,589.83
116,135.32
116,122.87
116,107.3
116,293.17
117,681.21
118,170.02
122,275.35
125,631.79
- -
128,573.37
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
1
1
1
- -
1
Sales/Revenue/Turnover
12,831
14,611
14,675
16,789
14,434
14,152
14,890
16,327
16,677
20,313
20,246
18,630
19,546
Operating Margin (%)
42.61
44.82
44.07
40.69
45.23
44.28
46.32
51.29
51.09
60.13
59.34
53.82
53.83
Depreciation Expense
1,976
2,156
2,005
2,049
2,014
2,082
2,002
1,962
2,024
1,776
1,818
1,900
1,992
Net Income, GAAP
3,924
4,968
5,056
5,498
5,308
5,172
5,887
7,436
7,623
11,411
11,145
9,161
9,587
Effective Tax Rate (%)
0.05
0.04
0.04
0.03
0.03
0.04
0.03
0.02
0.02
0.02
0.01
0.02
0.02
Profit Margin (%)
30.58
34
34.45
32.75
36.77
36.54
39.53
45.55
45.71
56.18
55.05
49.17
49.05
Working Capital
-6,983
-9,768
2,892
-8,029
-8,680
-6,833
-13,401
-12,701
-29,213
-7,056
-5,734
-14,985
-7,178
LT Debt
74,500
84,000
91,300
81,500
79,000
81,000
78,600
76,600
76,000
82,800
94,000
94,500
95,300
Total Equity
100,056
112,940
113,008
113,538
113,527
113,518
113,697
115,052
115,528
119,537
122,818
124,647
123,607
Return on Invested Capital (%)
2.87
3.21
3.03
3.26
3.14
3.02
3.34
4.05
3.98
5.63
5.46
4.32
4.51
Return on Capital (%)
2.85
3.16
3.01
3.23
3.12
3.01
3.32
4.05
3.98
5.65
5.46
4.34
4.52
Return on Common Equity (%)
3.96
4.67
4.48
4.86
4.69
4.58
5.2
6.53
6.68
9.83
9.33
7.52
7.85

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
0.91%
1.46%
-0.83%
Free Cash Flow
-62.6%
-217.1%
-534.58%
Net Income, GAAP
7.96%
7.34%
4.65%
Sales/Revenue/Turnover
3.38%
4.11%
4.91%
Total Cash Common Dividend
4.54%
4.92%
4.02%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
18,630
2025
- -
- -
- -
- -
19,546
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
9,972.5
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
7,931.8
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Momoko Sasaki
Sector
Real Estate
Industry
REIT - Diversified
Address
1-12-1 Dogenzaka Tokyo Japan 150-0043
IPO Date
Jan 5, 2010
Business
Tokyu REIT, Inc. is a Japan-based real estate investment trust (REIT) company specializing in investment and management of office buildings, retail facilities, residences, and mixed-use complexes primarily in Central Tokyo, including the five central wards (Chiyoda, Chuo, Minato, Shinjuku, Shibuya) and areas served by the Tokyu railway network. The company’s portfolio includes prominent properties such as Setagaya Business Square, QFRONT, cocoti, Tokyu Ikejiri-ohashi Building, Kojimachi Square, TOKYU REIT Shinjuku, Toranomon, and Shibuya R Buildings, and Akihabara Sanwa Toyo Building. Tokyu REIT focuses on sustainable asset growth and stable earnings through targeted investments in high-growth urban locations, leveraging comprehensive market knowledge and a long-term investment strategy known as the Surf Plan. Founded in 2003 and headquartered in Shibuya, Tokyo, the fund is managed by Tokyu Real Estate Investment Management, a fully owned subsidiary of Tokyu Corporation. Recent major developments include organizational restructuring within the asset management operations, notably the establishment of a new Asset Investment Division in April 2025 to enhance decision-making and strengthen infrastructure integration in investment activities. Tokyu REIT also obtained Science Based Targets (SBT) certification, reflecting a commitment to environmental sustainability in asset management. Additionally, the company is actively pursuing optimization of its portfolio through selective property replacements and cost structural reforms, including initiatives to reduce rent burdens and maximize revenue management with the aim of improving profitability amid inflationary pressures. Strategic initiatives also include leveraging synergies with Tokyu Group for integrated commercial facilities management along Tokyu rail lines and considering expansions in hotel operations under contract styles. The firm maintains a high occupancy rate exceeding 99%, underscoring resilient asset performance. Tokyu REIT operates under the Law Concerning Investment Trusts and Investment Corporations of Japan and primarily targets institutional and individual investors seeking stable income and capital appreciation from commercial real estate in Tokyo’s prime markets. Its asset size totals approximately 247 billion yen with a portfolio of 28 properties as of October 2025. The company’s recent equity buyback concluded in March 2025, further reflecting capital management flexibility. Overall, Tokyu REIT exemplifies focused urban real estate investment driven by strategic portfolio optimization, sustainable growth principles, and integration with Tokyu Group’s extensive real estate and transportation ecosystem.