Heiwa Real Estate REIT, Inc.
Stock Price Chart
2026/10/09 12:26 UpdatedPrice Trend
2026/10/09 12:26 UpdatedPrice & Trading Details
2026/10/09 12:26 UpdatedPRICE
TRADING
Analyst Recommendations 3 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Top Mutual Funds / ETFs
Updated 2026/10/01Major Holders
Updated 2026/10/01| Fund Name | Ownership | Shares | Change |
|---|---|---|---|
|
Vanguard International Stock Index-Total Intl Stock Indx
|
13.4K | +0.80% | |
|
DFA Investment Dimensions-DFA Int'l Real Estate Securities
|
9.9K | -2.96% | |
|
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund
|
8.0K | +4.97% | |
|
iShares Core MSCI EAFE ETF
|
6.3K | 0.00% | |
|
Vanguard Global ex U.S. Real Estate Index Fund
|
4.6K | +0.68% | |
|
iShares MSCI EAFE Small Cap ETF
|
3.5K | -3.69% |
Dividend History
Updated 2026/10/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥3,990 | -48.8% |
| 2025 | ¥7,800 | +11.1% |
| 2024 | ¥7,020 | +8.7% |
| 2023 | ¥6,460 | +4.5% |
| 2022 | ¥6,180 | - |
Financial Performance
2026/10/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥13,607M | ¥15,159M | ¥16,707M | ¥17,781M |
| Gross Profit | ¥8,292M | ¥9,391M | ¥10,402M | ¥11,148M |
| Operating Income | ¥6,671M | ¥7,628M | ¥8,511M | ¥9,178M |
| Pretax Income | ¥6,566M | ¥7,481M | ¥8,354M | ¥8,994M |
| Net Income | ¥5,888M | ¥6,759M | ¥7,554M | ¥8,037M |
| EPS | ¥5,729.78 | - | ¥6,670.00 | ¥6,855.26 |
| Operating Margin | 49.03% | 50.32% | 50.94% | 51.62% |
| Balance Sheet | ||||
| Total Assets | ¥203,207M | - | ¥240,874M | ¥249,191M |
| Total Equity | ¥104,193M | - | ¥118,532M | ¥124,895M |
| Total Liabilities | ¥99,014M | - | ¥122,342M | ¥124,296M |
| Cash | ¥11,223M | - | ¥12,873M | ¥11,778M |
| Interest-bearing Debt | ¥90,857M | - | ¥112,537M | ¥114,037M |
| Equity Ratio | 51.27% | 0.00% | 49.21% | 50.12% |
| D/E Ratio | 0.87 | 0.00 | 0.95 | 0.91 |
| Cash Flow | ||||
| Operating CF | ¥8,802M | ¥13,287M | ¥11,300M | ¥12,952M |
| Investing CF | -¥17,094M | -¥23,503M | -¥19,189M | -¥13,497M |
| Financing CF | ¥7,856M | ¥10,116M | ¥11,113M | -¥633M |
| Free CF | -¥10,437M | -¥12,106M | -¥7,984M | -¥1,241M |
| Efficiency | ||||
| ROE | 5.65% | 0.00% | 6.37% | 6.44% |
| ROA | 2.90% | 0.00% | 3.14% | 3.23% |
Latest IR Information
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Notice of revisions to the operating status and distribution forecast for the fiscal year ending May 2027 (52nd period)
Revised operating status and distribution forecast for the fiscal year ending May 2027 (52nd period). Dividend per unit increased to 4,070 yen (previous forecast 4,040 yen). Revision rationale: changes in assumptions due to asset acquisitions such as HF Akishima Station...
Read more -
Notice Regarding Funds Borrowing
Borrowed a total of 2,300 million yen through two term loans, executed on September 29, 2026, principal fully repaid by 2030–2031, unsecured and without guarantee. The funds will be used to partly finance the acquisition of the internal domestic asset...
Read more -
Notice regarding acquisition of domestic assets (HF Akishima Station-front Building)
Acquisition of Akishima Station-front Building approved. Acquisition price: 2,230 million yen; appraisal value: 2,860 million yen. NOI yield (appraisal basis) 6.0% (after depreciation 5.6%), rent gap rate -14.7%. Scheduled delivery on September 29, 2026; plan to rename by September 29,...
Read more -
Supplementary material for the timely disclosure published today
Supplementary explanation related to the acquisition of the Akishima Ekimae Building and the upward revision of the distribution guidance for the fiscal year ending May 2027. The acquired asset is a small- to mid-sized office property near a station in...
Read more -
Heiwa Real Estate REIT Announces Fiscal Year Ending May 2026 Results ｜ Net Income Approximately 570 Million Yen
Heiwa Real Estate REIT posted operating revenue of 11.5 billion yen and net income of approximately 570 million yen for the fiscal year ending May 2026. Dividends are 4,040 yen per unit, an increase from the previous year. The asset...
Read more
Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥159,333
Rating Score: 2.67 (Based on 3 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
About
Heiwa Real Estate REIT, Inc., is an investment corporation. Under the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, including subsequent revisions, hereinafter referred to as the Investment Trust Act) by the founder (the former Canal Investment Trust Co., Ltd., now, Heiwa Real Estate REIT Asset Management, Inc., the Asset Management Company). Heiwa Real Estate REIT is an externally managed real estate fund, established as an investment corporation. Heiwa Real Estate REIT Asset Management, Inc., as Heiwa Real Estate REIT's asset management company, is engaged in acquiring, managing, leasing, and renovating office properties, residential properties and commercial properties. HEIWA REAL ESTATE CO., LTD. (Heiwa Real Estate REIT) currently own 100% of Heiwa Real Estate REIT Asset Management, Inc. Investment units in Heiwa Real Estate REIT have been listed on the Real Estate Investment Trust Section (J-REIT Section) of the Tokyo Stock Exchange since March 8, 2005. Subsequently, Heiwa Real Estate REIT issued new investment units through public offerings and third-party allotments on several occasions and executed an investment unit split and investment unit issuance due to a merger with Japan Single-residence REIT Inc. on October 1, 2010. As of May 31, 2025, Heiwa Real Estate REIT has ownership or trust beneficiary interests in 131 properties with approximately 326,131.40 square meters of rentable space and has leased space to 6,167 tenants. The occupancy rate for the properties is approximately 97.1%. Heiwa Real Estate REIT, Inc. was established on January 31, 2002 and incorporated in Japan.
