Daiwa House REIT Investment Corporation
Stock Price Chart
2026/08/21 UpdatedPrice Trend
2026/08/21 UpdatedPrice & Trading Details
2026/08/21 UpdatedPRICE
TRADING
Analyst Recommendations 6 analysts
Updated 2026/08/01Earnings Calendar
Updated 2026/08/01Shareholder Composition
Updated 2026/08/01Dividend History
Updated 2026/08/23| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥3,458 | -49.3% |
| 2025 | ¥6,827 | +139.1% |
| 2024 | ¥2,856 | +1.2% |
| 2023 | ¥2,822 | -50.7% |
| 2022 | ¥5,720 | - |
Financial Performance
2026/08/23 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥59,633M | ¥59,411M | ¥61,897M | ¥66,721M |
| Gross Profit | ¥35,018M | ¥34,617M | ¥36,245M | ¥40,969M |
| Operating Income | ¥26,071M | ¥25,656M | ¥27,278M | ¥31,989M |
| Pretax Income | ¥25,254M | ¥25,018M | ¥23,401M | ¥31,394M |
| Net Income | ¥22,735M | ¥22,348M | ¥20,434M | ¥28,188M |
| EPS | ¥4,901.18 | ¥4,816.42 | ¥4,415.00 | ¥6,140.59 |
| Operating Margin | 43.72% | 43.18% | 44.07% | 47.94% |
| Balance Sheet | ||||
| Total Assets | ¥963,566M | ¥958,747M | ¥963,487M | ¥948,096M |
| Total Equity | ¥521,820M | ¥518,174M | ¥509,371M | ¥504,944M |
| Total Liabilities | ¥441,746M | ¥440,574M | ¥454,116M | ¥443,152M |
| Cash | ¥30,043M | ¥35,200M | ¥26,719M | ¥31,767M |
| Interest-bearing Debt | ¥407,550M | ¥407,550M | ¥420,550M | ¥410,950M |
| Equity Ratio | 54.16% | 54.05% | 52.87% | 53.26% |
| D/E Ratio | 0.78 | 0.79 | 0.83 | 0.81 |
| Cash Flow | ||||
| Operating CF | ¥41,615M | ¥37,388M | ¥50,212M | ¥54,949M |
| Investing CF | -¥76,990M | -¥6,397M | -¥41,994M | -¥8,140M |
| Financing CF | ¥38,083M | -¥26,143M | -¥16,329M | -¥42,246M |
| Free CF | -¥36,911M | ¥31,086M | ¥7,970M | ¥47,148M |
| Efficiency | ||||
| ROE | 4.36% | 4.31% | 4.01% | 5.58% |
| ROA | 2.36% | 2.33% | 2.12% | 2.97% |
Latest IR Information
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Notice of Funding Cost Determination | May 2026
Daiwa House Reit Investment Corporation announced that the interest rate for the planned borrowing of 4,000 million yen scheduled for May 29, 2026, has been set at 2.72147% (fixed rate).
Read more -
【Daiwa House Reit】Funding and Repayment Plan|May 2026
Daiwa House Reit Investment Corporation has secured a new loan of 4,000 million yen to fund the repayment of long-term debt of the same amount due on May 29, 2026. Total interest-bearing debt remains unchanged at 36,955 million yen.
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Notice Regarding Borrowing of Funds (Interest Rate Determination)
Daiwa House REIT Investment Corporation plans to execute borrowings totaling 2,000 million yen from Sompo Japan Insurance Inc. (fixed interest rate 2.32186%, 3.5 years) and 2,000 million yen from Development Bank of Japan Inc. (fixed interest rate 2.95375%, 8 years)...
Read more -
Notice Regarding Borrowing and Repayment of Borrowings
A borrowing of 14,000 million yen is planned as funds for the repayment of long-term borrowings maturing on April 30, 2026.
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Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥143,900
Rating Score: 2.50 (Based on 6 analysts)
※1=Strong Buy, 5=Strong Sell
Total non-current liabilities of Daiwa House REIT Investment Corporation – TSE:8984 - TradingView ↗
Daiwa House Logistics Trust (SGX:DHLU) Stock Cheapness Meets Cash Flow Strain - simplywall.st ↗
Company Information
About
Daiwa House REIT Investment Corporation is a real estate investment trust (J-REIT) whose sponsor is Daiwa House Industry Co., Ltd. The asset manager is Daiwa House Asset Management Co., Ltd. (hereinafter referred to as the Asset Manager), a wholly owned subsidiary of Daiwa House. DHR was listed on the Real Estate Investment Trust (REIT) Market of the Tokyo Stock Exchange, Inc. (hereinafter referred to as the Tokyo Stock Exchange) on March 22, 2006, and then later merged with New City Residence Investment Corporation (hereinafter referred to as NCR) on April 1, 2010 (hereinafter referred to as the merger with NCR). Subsequently on December 1, 2011, the corporate name was changed to Daiwa House Residential Investment Corporation (the corporation prior to change of corporate name to Daiwa House REIT Investment Corporation is hereinafter referred to as the former DHI) and accordingly changed its investment targets to residential properties. The former Daiwa House REIT Investment Corporation (the Daiwa House REIT Investment Corporation, which was dissolved upon having merged with DHR as of September 1, 2016, is hereinafter referred to as the former DHR) was established on September 14, 2007, whose asset manager was Daiwa House REIT Management Co., Ltd., a wholly owned subsidiary of Daiwa House. The former DHR was listed on the Tokyo Stock Exchange Real Estate Investment Trust (REIT) Market on November 28, 2012, as a REIT that targets investment in logistics and retail properties. On September 1, 2016, the former DHI and the former DHR (hereinafter collectively referred to as the Investment Corporations) conducted an absorption-type merger (hereinafter referred to as the Merger) whereby the former DHI was the surviving corporation and the former DHR was the absorbed corporation, shifted to a diversified portfolio strategy that targets investment in new asset classes such as hotel and office properties, in addition to those that the Investment Corporations had targeted for investment in the past, and changed its corporate name from Daiwa House Residential Investment Corporation to Daiwa House REIT Investment Corporation. Daiwa House REIT Investment Corporation was established on June 07, 2005 and incorporated in Japan.