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Ichigo Office REIT Investment Corp

8975
Current price
83 700 JPY 0 JPY (0.00%)
Last closed 82 800 JPY
ISIN JP3046300004
Sector Real Estate
Industry REIT - Office
Exchange Tokyo Stock Exchange
Capitalization 129 591 994 536 JPY
Yield for 12 month -4.99 %
1Y
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5Y
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15Y
8975
21.11.2021 - 28.11.2021

Ichigo Office (8975) is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential. Ichigo Office seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. Ichigo Office is managed by Ichigo Investment Advisors, the asset management subsidiary of Ichigo, a major Japanese real estate owner/operator. Ichigo Investment Advisors works to grow value on behalf of shareholders by deploying its deep experience and know-how in developing, operating, and managing Japanese real estate. The mid-size offices in which we invest produce stable cashflows, supporting stable dividends for shareholders. Also, this economically-sensitive asset class provides upside for shareholders via the possibility of higher rent income as the Japanese economy shows signs of emerging from multiple decades of deflation. Furthermore, because the market for mid-size offices in Japan is relatively inefficient and has less participation by other major real estate companies, who tend to focus on larger assets, there is a significant opportunity to add value and increase the profitability of the assets we acquire. Address: Marunouchi Park Building 20F, Tokyo, Japan, 100-6920

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Analytics

WallStreet Target Price

12 410 684.86 JPY

P/E ratio

19.7239

Dividend Yield

5.83 %

Current Year

+20 208 907 285 JPY

Last Year

+16 406 101 376 JPY

Current Quarter

+8 033 869 634 JPY

Last Quarter

+9 368 817 870 JPY

Current Year

+13 881 880 402 JPY

Last Year

+10 318 706 026 JPY

Current Quarter

+4 219 113 989 JPY

Last Quarter

+4 139 904 510 JPY

Key Figures 8975

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA 10 110 649 519 JPY
Operating Margin TTM 50.52 %
PE Ratio 19.7239
Return On Assets TTM 2.19 %
PEG Ratio
Return On Equity TTM 6.41 %
Wall Street Target Price 12 410 684.86 JPY
Revenue TTM 16 067 109 393 JPY
Book Value 67 388.63 JPY
Revenue Per Share TTM
Dividend Share
Quarterly Revenue Growth YOY 42.7 %
Dividend Yield 5.83 %
Gross Profit TTM 8 420 079 670 JPY
Earnings per share 4 225.47 JPY
Diluted Eps TTM 4 225.47 JPY
Most Recent Quarter II 2024
Quarterly Earnings Growth YOY 73.1 %
Profit Margin 41.19 %

Dividend Analytics 8975

Dividend growth over 5 years

59 %

Continuous growth

2 years

Payout Ratio 5 years average

103 %

Dividend History 8975

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Forward Annual Dividend Rate 4882
Ex Dividend Date 30.10.2024
Forward Annual Dividend Yield 5.83 %
Last Split Factor 3:1
Payout Ratio 101.71 %
Last Split Date 01.11.2011
Dividend Date

Stock Valuation 8975

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 19.7239
Forward PE
Enterprise Value Revenue 14.8111
Price Sales TTM 8.0657
Enterprise Value EBITDA 25.2187
Price Book MRQ 1.2744

Financials 8975

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators 8975

For 52 weeks

74 138.67 JPY 85 632.84 JPY
50 Day MA 82 315.06 JPY
Shares Short Prior Month
200 Day MA 81 499.56 JPY
Short Ratio
Shares Short
Short Percent