Daiwa Office Investment Corporation
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 6 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Dividend History
Updated 2026/10/04| 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 UpdatedRevenue & 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 IR Information
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Notice on the Acquisition Status and Termination of Acquisition of Investment Units
As of August 2026, the total number of investment units acquired is 2,284 units, with a total acquisition price of 748.126 million yen. The period is August 1–24, 2026, and acquisition method is market purchase. For the full period of...
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Notice Regarding Funds Borrowing
Decided to borrow a total of 6,500 million yen. Lenders are Sumitomo Mitsui Banking Corporation, Mizuho Bank, MUFG Bank, Yamaguchi Bank, and Kansai Mirai Bank, with repayment expected around 2032–2033. Interest rate is variable based on Zenginkyo TIBOR, with interest...
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Notice on the Acquisition Status of Investment Units
Disclosure of the acquisition status of treasury investment units for July 2026. Number of units acquired: 2,199 units; total acquisition amount: 751,639,00 yen; acquisition period: July 21, 2026 to July 31, 2026; method of acquisition: market purchases. As a reference,...
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Notice of Rating Withdrawal | July 24, 2026
Daiwa Securities Office Investment Corporation requested R&I to withdraw its issuer rating, which was subsequently downgraded from AA-. The impact on future operational forecasts is expected to be minimal.
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Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥375,333
Rating Score: 2.83 (Based on 6 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
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.