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8976 - Daiwa Office Investment Share Price

¥577000 6,000.0  1.1%

Last Trade - 7:00am

Sector
Financials
Size
Mid Cap
Market Cap £2.02bn
Enterprise Value £3.29bn
Revenue £204.2m
Position in Universe 368th / 3862
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -0.26%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -37.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Nov 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
18,351 22,225 25,217 25,282 26,634 27,928 20,298 21,088 +8.8%
+14.5 +17.6 +14.8 +0.3 +9.9 +8.8 +1.65 +5.76
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the six months ended 31 May 2020, Daiwa Office Investment Corp revenues increased 3% to Y14.27B. Net income increased 6% to Y6.69B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest Expenses decrease of 5% to Y480.3M (expense), Miscellaneous Income increase from Y1.1M to Y5.5M (income), Borrowing Expenses decrease of 2% to Y134.4M (expense).
Health Trend(F-Score)
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Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
8976 EPS Forecasts Unlock 8976 Revenue
Profile Summary

Daiwa Office Investment Corporation is a real estate investment trust (REIT) company. It aims to achieve stable earnings and sustainable growth of its investment assets to maximize investment value from mid- to long-term perspectives. The Company mainly invests in office buildings in the Tokyo five major districts including Chiyoda, Chuo, Minato, Shinjuku and Shibuya, the Tokyo metropolitan area, as well as other major cities. Its property portfolio includes Daiwa Ginza Building, Daiwa Minami Aoyama Building, Daiwa Kyobashi Building, Daiwa Nishi-Shinjuku Building and among others. The asset manager of the Fund is Daiwa Real Estate Asset Management Co., Ltd.

Directors
Last Annual November 30th, 2019
Last Interim May 31st, 2020
Incorporated July 11, 2005
Public Since October 19, 2005
No. of Shareholders: 5,923
No. of Employees: n/a
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange Tokyo Stock Exchange
Shares in Issue 491,877
Free Float (0.0%)
Eligible for
ISAs
SIPPs
8976 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for 8976
Upcoming Events for 8976
Friday 27th November, 2020
Dividend For 8976.T - 13700.0000 JPY
Frequently Asked Questions for Daiwa Office Investment
What is the Daiwa Office Investment share price?

As of 7:00am, shares in Daiwa Office Investment are trading at ¥577000, giving the company a market capitalisation of £2.02bn. This share price information is delayed by 15 minutes.

How has the Daiwa Office Investment share price performed this year?

Shares in Daiwa Office Investment are currently trading at ¥577000 and the price has moved by -29.16% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Daiwa Office Investment price has moved by -36.56% over the past year.

What are the analyst and broker recommendations for Daiwa Office Investment?

Of the analysts with advisory recommendations for Daiwa Office Investment, there are there are currently 0 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Daiwa Office Investment is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Daiwa Office Investment next release its financial results?

Daiwa Office Investment is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-05-31
What is the Daiwa Office Investment dividend yield?

The Daiwa Office Investment dividend yield is 4.68% based on the trailing twelve month period.

Does Daiwa Office Investment pay a dividend?

Last year, Daiwa Office Investment paid a total dividend of 26.7k, and it currently has a trailing dividend yield of 4.68%. Looking ahead, shares in Daiwa Office Investment are due to go ex-dividend on 2020-11-27 and the next dividend pay date is 2020-08-14.

When does Daiwa Office Investment next pay dividends?

Daiwa Office Investment are due to go ex-dividend on 2020-11-27 and the next dividend pay date is 2020-08-14. The historic dividend yield on Daiwa Office Investment shares is currently 4.68%.

How do I buy Daiwa Office Investment shares?

To buy shares in Daiwa Office Investment you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Daiwa Office Investment?

Shares in Daiwa Office Investment are currently trading at ¥577000, giving the company a market capitalisation of £2.02bn.

Where are Daiwa Office Investment shares listed? Where are Daiwa Office Investment shares listed?

Here are the trading details for Daiwa Office Investment:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 8976
What kind of share is Daiwa Office Investment?

Based on an overall assessment of its quality, value and momentum, Daiwa Office Investment is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Daiwa Office Investment share price forecast 2020?

Shares in Daiwa Office Investment are currently priced at ¥577000. At that level they are trading at 15.82% discount to the analyst consensus target price of 0.00.

Analysts covering Daiwa Office Investment currently have a consensus Earnings Per Share (EPS) forecast of 26417.125 for the next financial year.

How can I tell whether the Daiwa Office Investment share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Daiwa Office Investment. Over the past six months, the relative strength of its shares against the market has been -33.7%. At the current price of ¥577000, shares in Daiwa Office Investment are trading at -19.98% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Daiwa Office Investment PE Ratio?

The Daiwa Office Investment PE ratio based on its reported earnings over the past 12 months is 21.36. The shares are currently trading at ¥577000.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Daiwa Office Investment?

Daiwa Office Investment's management team is headed by:

Yoshimi Murakami - EXO
Who are the major shareholders of Daiwa Office Investment?

Here are the top five shareholders of Daiwa Office Investment based on the size of their shareholding:

Daiwa Investment Management Inc. Corporation
Percentage owned: 26.21% (129k shares)
Daiwa Securities Group Inc Corporation
Percentage owned: 13.08% (64.3k shares)
Asset Management One Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 4.25% (20.9k shares)
Nomura Trust & Banking (Trust) Corporation
Percentage owned: 2.89% (14.2k shares)
Daiwa Asset Management Co., Ltd. Investment Advisor
Percentage owned: 2.78% (13.7k shares)
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