Daiwa Office Investment Corporation

2026/10/09 12:26 Updated
Market Cap: $1.7B (¥273.7B)
Stock Price: $1,853.42 (¥292,800)
Exchange Rate: 1 USD = ¥157.98

Stock Price Chart

2026/10/09 12:26 Updated
17.81
PER (Price Earnings Ratio)
vs Industry Avg: +8.3
1.13
PBR (Price to Book Ratio)
vs Industry Avg: -0.2
4.91%
Dividend Yield
vs Industry Avg: +1.96%

Price Trend

2026/10/09 12:26 Updated
Short-term
5-Day MA
+0.25%
Near-term
25-Day MA
-3.29%
Mid-term
75-Day MA
-8.66%
Long-term
200-Day MA
-12.42%

Price & Trading Details

2026/10/09 12:26 Updated

PRICE

Previous Close ¥291,700
Open ¥291,700
High ¥292,800
Low ¥290,700
Close ¥292,800

TRADING

Volume 821
Average Volume 1,972
Turnover ¥2億
Min. Purchase ¥29,280,000

Analyst Recommendations 6 analysts

Updated 2026/10/01
Strong Buy
1
1
Buy
1
1
Hold
3
3
Sell
1
1
Strong Sell
0
Target Price (Mean)
¥375,333
None
¥443,000
High
¥373,500
Median
¥330,000
Low
-1% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Earnings Calendar

Updated 2026/10/01
JAN
20
2027
Next Earnings Release
Q1 FY2027
102days

Shareholder Composition

Updated 2026/10/01
42.0%
Insider Holdings
39.2%
Institutional
18.8%
Public Float
120
Institutional Holders
Insider Holdings 42.0%
Institutional 39.2%
Public Float 18.8%

Dividend History

Updated 2026/10/04
-%
Dividend Yield
¥7,630
Annual Dividend
-48.9%
YoY Growth
49.7%
Payout Ratio
Year Dividend Change
2026 ¥7,630 -48.9%
2025 ¥14,940 +8.5%
2024 ¥13,770 +0.5%
2023 ¥13,700 -1.1%
2022 ¥13,850 -

Financial Performance

2026/10/04 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥28,937M ¥28,366M ¥28,697M ¥28,786M
Gross Profit ¥18,336M ¥17,770M ¥17,150M ¥17,636M
Operating Income ¥15,489M ¥14,986M ¥14,414M ¥14,845M
Pretax Income ¥15,214M ¥14,835M ¥14,121M ¥14,503M
Net Income ¥14,349M ¥14,005M ¥13,292M ¥13,378M
EPS ¥14,671.38 ¥14,572.51 ¥13,896.19 ¥14,065.90
Operating Margin 53.53% 52.83% 50.23% 51.57%
Balance Sheet
Total Assets ¥483,280M ¥481,049M ¥482,201M ¥491,238M
Total Equity ¥253,638M ¥247,491M ¥247,523M ¥244,968M
Total Liabilities ¥229,642M ¥233,558M ¥234,678M ¥246,269M
Cash ¥26,651M ¥19,084M ¥25,876M ¥29,402M
Interest-bearing Debt ¥202,350M ¥205,800M ¥207,800M ¥219,400M
Equity Ratio 52.48% 51.45% 51.33% 49.87%
D/E Ratio 0.80 0.83 0.84 0.90
Cash Flow
Operating CF ¥20,900M ¥24,558M ¥22,572M ¥19,046M
Investing CF -¥3,948M -¥14,903M -¥4,571M -¥10,913M
Financing CF -¥18,512M -¥17,138M -¥11,104M -¥4,533M
Free CF ¥17,084M ¥10,074M ¥18,516M ¥7,663M
Efficiency
ROE 5.66% 5.66% 5.37% 5.46%
ROA 2.97% 2.91% 2.76% 2.72%

Latest News (5 items)

Company Information

English Name Daiwa Office Investment Corporation
Japanese Name 大和証券オフィス投資法人
Stock Code 8976.T (JPX)
Sector / Industry Real Estate / REIT - Office

About

Daiwa Office Investment Corporation (hereinafter referred to as DOI) was established as an investment corporation under the Act on Investment Trusts and Investment Corporations by the founder (the former daVinci Select now, Daiwa Real Estate Asset Management (hereinafter referred to as the Asset Manager). DOI is an externally managed real estate fund, established as an investment corporation. The Asset Manager, as DOI's asset management company, is engaged in acquiring, managing, leasing, and renovating office properties. Daiwa Securities Group Inc. currently owns 100% of the shares of the Asset Manager. On October 18, 2005, DOI had raised approximately 49,498,710 thousand yen through an initial public offering of units. Those units were listed on the J-REIT section of the Tokyo Stock Exchange. DOI implemented a 2 for 1 split of its investment units with a record date of May 31, 2024 and an effective date of June 1, 2024. As of May 31, 2026, DOI had ownership or trust beneficiary interests in 58 office properties with approximately 365,092.05 m2 of rentable office space and had leased office space to 666 tenants engaged in a variety of businesses. The occupancy rate for the office properties was approximately 99.1%. Daiwa Office Investment Corporation was established on July 11, 2005 and incorporated in Ontario, Canada.

Data provided by Yahoo Finance