Tokyu REIT, Inc.
TSE:8957.T
194800 (JPY) • At close July 1, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) JPY.
| 2025 Q2 | 2024 Q4 | 2024 Q2 | 2023 Q4 | 2023 Q2 | 2022 Q4 | 2022 Q2 | 2021 Q4 | 2021 Q2 | 2020 Q4 | 2020 Q2 | 2019 Q4 | 2019 Q2 | 2018 Q4 | 2018 Q2 | 2017 Q4 | 2017 Q2 | 2016 Q4 | 2016 Q2 | 2015 Q4 | 2015 Q2 | 2014 Q4 | 2014 Q2 | 2013 Q4 | 2013 Q2 | 2012 Q4 | 2012 Q2 | 2011 Q4 | 2011 Q2 | 2010 Q4 | 2010 Q2 | 2009 Q4 | 2009 Q2 | 2008 Q4 | 2008 Q2 | 2007 Q4 | 2007 Q2 | 2006 Q4 | 2006 Q2 | 2005 Q4 | 2005 Q2 | 2004 Q4 | 2004 Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 9,742 | 11,043.588 | 7,667 | 10,027.097 | 15,706.111 | 18,512.13 | 43,689.636 | 8,066.087 | 10,585.84 | 9,947.467 | 9,810 | 15,107.093 | 7,206 | 7,118 | 7,031 | 6,918 | 6,973 | 7,149 | 7,288 | 6,666 | 7,541 | 7,304 | 7,306 | 6,415.427 | 6,415.427 | 6,590.214 | 6,590.214 | 6,721.76 | 6,721.76 | 15,954.911 | 15,954.911 | 7,561.781 | 7,561.781 | 7,083.955 | 7,083.955 | 6,594.972 | 6,594.972 | 7,095.398 | 7,095.398 | 5,348.313 | 5,348.313 | 3,618.852 | 3,618.852 |
| Cost of Revenue
| 4,390 | 5,763.48 | 3,964 | 5,194.835 | 8,039.836 | 13,438.012 | 35,055.531 | 3,948.73 | 5,825.833 | 5,490.012 | 5,613 | 8,930.605 | 3,833 | 3,789 | 3,829 | 3,848 | 3,790 | 3,919 | 3,907 | 3,916 | 4,000 | 1,830 | 3,860 | 3,094.546 | 3,094.546 | 3,086.828 | 3,086.828 | 3,125.872 | 3,125.872 | 6,650.327 | 6,650.327 | 3,270.368 | 3,270.368 | 7,083.955 | 7,083.955 | 6,594.972 | 6,594.972 | 7,095.398 | 7,095.398 | 5,348.313 | 5,348.313 | 3,618.852 | 3,618.852 |
| Gross Profit
| 5,352 | 5,280.108 | 3,703 | 4,832.262 | 7,666.275 | 5,074.118 | 8,634.105 | 4,117.357 | 4,760.007 | 4,457.455 | 4,197 | 6,176.488 | 3,373 | 3,329 | 3,202 | 3,070 | 3,183 | 3,230 | 3,381 | 2,750 | 3,541 | 5,474 | 3,446 | 3,320.881 | 3,320.881 | 3,503.386 | 3,503.386 | 3,595.888 | 3,595.888 | 9,304.584 | 9,304.584 | 4,291.413 | 4,291.413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit Ratio
| 0.549 | 0.478 | 0.483 | 0.482 | 0.488 | 0.274 | 0.198 | 0.51 | 0.45 | 0.448 | 0.428 | 0.409 | 0.468 | 0.468 | 0.455 | 0.444 | 0.456 | 0.452 | 0.464 | 0.413 | 0.47 | 0.749 | 0.472 | 0.518 | 0.518 | 0.532 | 0.532 | 0.535 | 0.535 | 0.583 | 0.583 | 0.568 | 0.568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 63 | 0 | 61 | 19.339 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 0 | 514.423 | 514.423 | 539.824 | 539.824 | 527.797 | 527.797 | 561.089 | 561.089 | 695.544 | 695.544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 63 | 0 | 61 | 22.339 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 0 | 514.423 | 514.423 | 539.824 | 539.824 | 527.797 | 527.797 | 561.089 | 561.089 | 695.544 | 695.544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses
| 118 | -160.29 | -283.186 | -149.277 | -331.788 | -348.683 | 0 | 0 | 0 | -131.23 | 0 | -152.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16.433 | -16.433 | -50.291 | -50.291 | -46.591 | -46.591 | -74.201 | -74.201 | -40.084 | -40.084 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses
| 181 | -160.29 | 1,116 | 552.5 | 2,135.5 | 896 | 2,208 | 82.5 | 291 | -131.23 | 253.5 | 152.97 | 150 | 154 | 156 | 150 | 387 | 324 | 164 | 311 | 186 | 2,254 | 177 | 587.236 | 587.236 | 593.112 | 593.112 | 595.542 | 595.542 | 616.633 | 616.633 | 756.181 | 756.181 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income
| 5,171 | 5,184 | 3,549 | 4,682.985 | 7,334.487 | 4,725.435 | 7,489.265 | 3,984.472 | 4,542.663 | 4,326.225 | 4,055 | 6,023.518 | 3,231 | 3,197 | 3,068 | 2,940 | 3,048 | 3,073 | 3,251 | 2,617 | 3,385 | 3,286 | 3,322 | 2,733.642 | 2,733.642 | 2,910.271 | 2,910.271 | 3,000.344 | 3,000.344 | 8,687.949 | 8,687.949 | 3,535.23 | 3,535.23 | 2,780.351 | 2,780.351 | 2,427.505 | 2,427.505 | 3,106.98 | 3,106.98 | 1,965.021 | 1,965.021 | 1,453.168 | 1,453.168 |
| Operating Income Ratio
| 0.531 | 0.469 | 0.463 | 0.467 | 0.467 | 0.255 | 0.171 | 0.494 | 0.429 | 0.435 | 0.413 | 0.399 | 0.448 | 0.449 | 0.436 | 0.425 | 0.437 | 0.43 | 0.446 | 0.393 | 0.449 | 0.45 | 0.455 | 0.426 | 0.426 | 0.442 | 0.442 | 0.446 | 0.446 | 0.545 | 0.545 | 0.468 | 0.468 | 0.392 | 0.392 | 0.368 | 0.368 | 0.438 | 0.438 | 0.367 | 0.367 | 0.402 | 0.402 |
| Total Other Income Expenses Net
| -465 | -432.482 | -5,276.23 | -421.979 | -448.512 | -384.853 | -417.122 | -443.538 | -458.628 | -23.027 | -12 | -2,692.573 | -202 | -518 | -575 | -585 | -30.394 | -147 | -680 | -221 | -725 | -824 | -815 | -771.245 | -771.245 | -808.027 | -808.027 | -858.01 | -858.01 | -891.804 | -891.804 | -841.828 | -841.828 | -75.74 | -75.74 | -3.595 | -3.595 | -28.273 | -28.273 | -58.031 | -58.031 | -289.86 | -289.86 |
| Income Before Tax
| 4,706 | 4,751.518 | 4,410 | 4,261.006 | 6,885.975 | 4,340.582 | 7,072.143 | 3,540.934 | 4,084.035 | 3,856.68 | 3,581 | 2,858.44 | 3,029 | 2,679 | 2,493 | 2,355 | 2,953 | 2,926 | 2,571 | 2,396 | 2,660 | 2,462 | 2,507 | 1,962.756 | 1,962.756 | 2,102.244 | 2,102.244 | 2,142.334 | 2,142.334 | 7,796.145 | 7,796.145 | 2,693.402 | 2,693.402 | 2,704.611 | 2,704.611 | 2,423.911 | 2,423.911 | 3,078.707 | 3,078.707 | 1,906.991 | 1,906.991 | 1,163.308 | 1,163.308 |
| Income Before Tax Ratio
| 0.483 | 0.43 | 0.575 | 0.425 | 0.438 | 0.234 | 0.162 | 0.439 | 0.386 | 0.388 | 0.365 | 0.189 | 0.42 | 0.376 | 0.355 | 0.34 | 0.423 | 0.409 | 0.353 | 0.359 | 0.353 | 0.337 | 0.343 | 0.306 | 0.306 | 0.319 | 0.319 | 0.319 | 0.319 | 0.489 | 0.489 | 0.356 | 0.356 | 0.382 | 0.382 | 0.368 | 0.368 | 0.434 | 0.434 | 0.357 | 0.357 | 0.321 | 0.321 |
| Income Tax Expense
| 1 | 0.915 | 1.762 | 0.871 | 0.754 | 1.03 | 0.832 | 0.933 | 0.881 | 0.881 | 1 | 0.893 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0.938 | 0.938 | 0.998 | 0.998 | 1.01 | 1.01 | 0.974 | 0.974 | 1.181 | 1.181 | 0.986 | 0.986 | 1.004 | 1.004 | 0.994 | 0.994 | 1.123 | 1.123 | 1.099 | 1.099 |
| Net Income
| 4,705 | 4,750.603 | 4,410 | 4,260.135 | 6,885.221 | 4,339.551 | 7,071.311 | 3,540.001 | 4,083.153 | 3,855.798 | 3,580 | 2,857.547 | 3,029 | 2,678 | 2,493 | 2,355 | 2,952 | 2,926 | 2,571 | 2,396 | 2,660 | 2,461 | 2,507 | 1,961.817 | 1,961.817 | 2,101.245 | 2,101.245 | 2,141.324 | 2,141.324 | 7,795.171 | 7,795.171 | 2,692.22 | 2,692.22 | 2,703.625 | 2,703.625 | 2,422.907 | 2,422.907 | 3,077.713 | 3,077.713 | 1,905.868 | 1,905.868 | 1,162.209 | 1,162.209 |
| Net Income Ratio
| 0.483 | 0.43 | 0.575 | 0.425 | 0.438 | 0.234 | 0.162 | 0.439 | 0.386 | 0.388 | 0.365 | 0.189 | 0.42 | 0.376 | 0.355 | 0.34 | 0.423 | 0.409 | 0.353 | 0.359 | 0.353 | 0.337 | 0.343 | 0.306 | 0.306 | 0.319 | 0.319 | 0.319 | 0.319 | 0.489 | 0.489 | 0.356 | 0.356 | 0.382 | 0.382 | 0.367 | 0.367 | 0.434 | 0.434 | 0.356 | 0.356 | 0.321 | 0.321 |
| EPS
| 4,812.81 | 4,859.45 | 4,511.04 | 4,357.75 | 7,042.98 | 4,438.98 | 7,233.34 | 3,621.11 | 4,176.71 | 3,944.15 | 3,662.03 | 2,923.02 | 3,098.4 | 2,739.36 | 2,550.12 | 2,408.96 | 3,019.64 | 2,993.04 | 2,629.9 | 2,450.9 | 2,720.94 | 2,517.38 | 2,590.1 | 2,316.13 | 2,316.13 | 2,481.1 | 2,481.1 | 2,528.43 | 2,528.43 | 9,204 | 9,204 | 3,178.91 | 3,178.91 | 3,192.38 | 3,192.38 | 2,860.91 | 2,860.91 | 3,636.77 | 3,636.77 | 2,691.12 | 2,691.12 | 2,894.89 | 2,894.89 |
| EPS Diluted
| 4,812.81 | 4,859.45 | 4,511.04 | 4,357.75 | 7,042.98 | 4,438.98 | 7,233.34 | 3,621.11 | 4,176.71 | 3,944.15 | 3,662.03 | 2,923.02 | 3,098.4 | 2,739.36 | 2,550.12 | 2,408.96 | 3,019.64 | 2,993.04 | 2,629.9 | 2,450.9 | 2,720.94 | 2,517.38 | 2,590.1 | 2,316.1 | 2,316.1 | 2,481 | 2,481 | 2,528.4 | 2,528.4 | 9,204 | 9,204 | 3,178.91 | 3,178.91 | 3,192.38 | 3,192.38 | 2,860.91 | 2,860.91 | 3,636.77 | 3,636.77 | 2,691.12 | 2,691.12 | 2,894.89 | 2,894.89 |
| EBITDA
| 6,173 | 6,134.393 | 11,586.736 | 5,639.516 | 8,195.634 | 5,546.283 | 8,444.28 | 5,011.969 | 5,539.163 | 5,300.604 | 4,580 | 6,538.038 | 8,159.21 | 7,511.074 | 7,101.312 | 6,773.518 | 7,942.462 | 7,956.062 | 4,274 | 3,620 | 4,386 | 4,352 | 4,411 | 2,994.394 | 2,994.394 | 3,160.214 | 3,160.214 | 3,247.504 | 3,247.504 | 12,457.076 | 12,457.076 | 4,555.594 | 4,555.594 | 3,765.042 | 3,765.042 | 3,376.651 | 3,376.651 | 4,068.374 | 4,068.374 | 2,813.509 | 2,813.509 | 1,991.125 | 1,991.125 |
| EBITDA Ratio
| 0.634 | 0.555 | 1.511 | 0.562 | 0.522 | 0.3 | 0.193 | 0.621 | 0.523 | 0.533 | 0.467 | 0.433 | 1.132 | 1.055 | 1.01 | 0.979 | 1.139 | 1.113 | 0.586 | 0.543 | 0.582 | 0.596 | 0.604 | 0.467 | 0.467 | 0.48 | 0.48 | 0.483 | 0.483 | 0.781 | 0.781 | 0.602 | 0.602 | 0.531 | 0.531 | 0.512 | 0.512 | 0.573 | 0.573 | 0.526 | 0.526 | 0.55 | 0.55 |