Is Tokaido REIT, Inc. (2989.T) a Buy, Sell, or Hold?
JPX : 2989.T
Tokaido REIT, Inc. — Financials
$98000 JPY
-$1500 (-1.51%)
- Volume
- 5.03K
- Average Volume
- 1.56K
- Market Capitalization
- $31.03B
- P/E Ratio
- 14.72
- Dividend Yield
- 6.69%
- Price Target
- Year High
- $119400.00
- Year Low
- $97700.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.00
- Current Ratio
- $0.29
2989.T Financial Statements
| date | 2026-01-31 | 2024-01-31 | 2023-07-31 | 2022-01-31 |
|---|---|---|---|---|
| revenue | 4.3B | 3.54B | 2.76B | 2.22B |
| costOfRevenue | 2.03B | 1.14B | 1.05B | 893.18M |
| grossProfit | 3.12B | 2.4B | 1.72B | 1.34B |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 32.5M | 263.3M | 207.04M | 32M |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 32.5M | 263.3M | 207.04M | 32M |
| otherExpenses | 721.8M | 91.66M | -91.14M | 861M |
| operatingExpenses | 754.3M | 354.96M | 115.91M | 893M |
| costAndExpenses | 1.94B | 1.5B | 1.16B | 893M |
| netInterestIncome | -235.72M | -320M | 19000 | 16000 |
| interestIncome | 3.62M | -142.39M | 19000 | 16000 |
| interestExpense | 239.34M | 177.61M | - | - |
| depreciationAndAmortization | 476.62M | 388.39M | 288.81M | 157.73M |
| ebitda | 2.86B | 2.29B | 1.78B | 646.24M |
| ebit | 2.38B | 1.91B | 1.49B | 488.51M |
| nonOperatingIncomeExcludingInterest | -18.55M | 141.17M | 107.24M | 1.32B |
| operatingIncome | 2.36B | 2.05B | 1.6B | 1.24B |
| totalOtherIncomeExpensesNet | -378.26M | -318.78M | -222.26M | -121.99M |
| incomeBeforeTax | 1.98B | 1.73B | 1.38B | 1.12B |
| incomeTaxExpense | 861K | 1.82M | 1.74M | 1M |
| netIncomeFromContinuingOperations | 1.98B | 1.73B | 1.38B | 1.2B |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | -2000 | -1000 | -4000 |
| netIncome | 1.98B | 1.73B | 1.38B | 1.12B |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | 1.98B | 1.73B | 1.38B | 1.2B |
| eps | 6659.19 | 6635.48 | 6552.77 | 6744.37 |
| date | 2026-01-31 | 2024-01-31 | 2023-07-31 | 2022-01-31 | 2021-07-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 3.3B | 907.45M | 2.84B | 2.05B | 537.86M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 3.3B | 907.45M | 2.84B | 2.05B | 537.86M |
| netReceivables | 66.3M | 66.34M | 511.86M | 44.24M | 524.29M |
| accountsReceivables | - | 66.34M | 84.71M | 44.24M | - |
| otherReceivables | - | - | 427.15M | - | 524.29M |
| inventory | - | -66.34M | - | - | - |
| prepaids | - | 73.87M | 68.05M | 50.43M | 38.96M |
| otherCurrentAssets | - | 2.16B | -84.5M | 33000 | 770.81M |
| totalCurrentAssets | 3.36B | 3.14B | 3.33B | 2.14B | 1.87B |
| propertyPlantEquipmentNet | 6.06B | 52.62B | 4.27B | 29.9B | 29.35B |
| goodwill | - | - | - | - | - |
| intangibleAssets | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B |
| goodwillAndIntangibleAssets | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B |
| longTermInvestments | 55.93B | - | 42.26B | 102.23M | - |
| taxAssets | 12000 | 14000 | 11000 | 29000 | 29000 |
| otherNonCurrentAssets | 500.68M | 419.52M | -1.9B | 2.12B | 53.32M |
| totalNonCurrentAssets | 64.56B | 55.11B | 46.7B | 34.2B | 31.48B |
| otherAssets | - | 5000 | 2000 | 34.2B | 3000 |
| totalAssets | 67.92B | 58.26B | 50.04B | 34.2B | 33.35B |
| totalPayables | - | 328.64M | 405.48M | 206.62M | 344.94M |
| accountPayables | - | 149.07M | 265.64M | 87.16M | 95.2M |
| otherPayables | - | 179.56M | 139.84M | 119.46M | 249.74M |
| accruedExpenses | - | 10M | - | 8M | - |
| shortTermDebt | 11.7B | 2.8B | 7.3B | 3.2B | 2.95B |
| capitalLeaseObligationsCurrent | - | - | - | - | - |
| taxPayables | - | 7.64M | 678K | 1.83M | 605K |
| deferredRevenue | - | - | 378.88M | - | - |
| otherCurrentLiabilities | - | 255.17M | -139.23M | -74.47M | 188.64M |
| totalCurrentLiabilities | 11.7B | 3.39B | 7.95B | 3.34B | 3.48B |
| longTermDebt | 20.99B | 24.5B | 16.1B | 12.4B | 12.4B |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 2.05B | 1.02B | 955.8M | 4.21B | 642.75M |
| totalNonCurrentLiabilities | 23.04B | 25.52B | 17.06B | 16.61B | 13.04B |
| otherLiabilities | - | - | -2000 | 16.61B | - |
| capitalLeaseObligations | - | - | - | - | - |
| totalLiabilities | 34.74B | 28.92B | 25B | 16.61B | 16.53B |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 32.13B | 28.42B | 24.23B | 17.03B | 17.03B |
| retainedEarnings | 1.05B | 914.42M | 810.47M | 432.53M | -204.89M |
| additionalPaidInCapital | - | - | - | - | - |
| date | 2026-01-31 | 2024-01-31 | 2023-07-31 | 2022-01-31 |
|---|---|---|---|---|
| netIncome | 1.98B | 1.73B | 1.38B | 434.34M |
| depreciationAndAmortization | 476.02M | 388.39M | 288.81M | 157.73M |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | - | - | - | - |
| changeInWorkingCapital | 737.86M | 318.17M | -143.24M | 51M |
| accountsReceivables | 3.54M | 360.81M | -382.91M | 51M |
| inventory | - | - | - | - |
| accountsPayables | 142.94M | -89.35M | 198.56M | -46.01M |
| otherWorkingCapital | 556.79M | 46.72M | 41.12M | -42.82M |
| otherNonCashItems | 6.05M | 170K | 486K | -122.12M |
| netCashProvidedByOperatingActivities | 3.2B | 2.44B | 1.52B | 520.95M |
| investmentsInPropertyPlantAndEquipment | -3.1B | -8.78B | -14.99B | -15.37M |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | - | - | - | -101.73M |
| salesMaturitiesOfInvestments | - | - | 101.76M | - |
| otherInvestingActivities | -366.04M | 51.78M | 302.24M | -31.33B |
| netCashProvidedByInvestingActivities | -3.47B | -8.73B | -14.58B | -31.45B |
| netDebtIssuance | 1.65B | 3.9B | 7.8B | 15.95B |
| longTermNetDebtIssuance | 1.85B | 4.2B | 7.3B | 15.95B |
| shortTermNetDebtIssuance | 1.45B | -300M | 500M | - |
| netStockIssuance | - | 4.18B | - | - |
| netCommonStockIssuance | - | 4.18B | - | - |
| commonStockIssuance | - | 4.18B | - | - |
| commonStockRepurchased | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | -1.98B | -1.62B | -1.13B | -431.71M |
| commonDividendsPaid | -913M | -1.62B | -1.13B | -431.71M |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | -1M | -1000 | 7.17B | 17.39B |
| netCashProvidedByFinancingActivities | -334.72M | 6.46B | 13.85B | 32.91B |
| date | 2026-01-31 | 2025-01-31 | 2024-07-31 | 2024-01-31 | 2023-07-31 | 2023-01-31 | 2022-07-31 | 2022-01-31 | 2021-07-31 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | 2.3B | 2.01B | 1.9B | 1.64B | 1.62B | 1.15B | 1.12B | 1.1B | 244.05M |
| costOfRevenue | 1.19B | 843.7M | 735.34M | 402.83M | 589.3M | 457M | 446.59M | 368.57M | 98.71M |
| grossProfit | 1.11B | 2.01B | 1.16B | 1.24B | 1.03B | 690.32M | 670M | 731.32M | 145.34M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | 32.5M | 239.3M | 24M | 10M | 10.95M | - | 6M | 2.5M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | 32.5M | 239.3M | 24M | 10M | 10.95M | - | 6M | 2.5M |
| otherExpenses | -161.7M | 883.5M | 673.46M | 667.24M | -60.74M | -55.17M | -66.86M | -26.78M | -25.7M |
| operatingExpenses | -161.7M | 916M | 912.76M | 691.24M | 368.94M | 265.85M | 47.66M | 202M | 127M |
| costAndExpenses | 1.03B | 916M | 808.1M | 701.41M | 650.04M | 512.17M | 494.25M | 395.34M | 124.41M |
| netInterestIncome | -235.99M | 271K | -48.16M | -271.84M | -155.8M | -66.56M | -61.04M | 3000 | -129.67M |
| interestIncome | 3.35M | 271K | -142.42M | 26000 | 10000 | 9000 | 8000 | 29M | 97M |
| interestExpense | 239.34M | - | -94.26M | 271.87M | 155.81M | 66.57M | 61.05M | - | - |
| depreciationAndAmortization | 259.02M | 217.6M | 205.56M | 176.6M | 162.83M | 122.03M | 116.69M | 115.25M | 42.48M |
| ebitda | 1.55B | 1.3B | 1.3B | 1.12B | 1.13B | 757.19M | 739.03M | 819.8M | 162.12M |
| ebit | 1.29B | 1.09B | 1.09B | 945.38M | 966.92M | 635.16M | 622.39M | 704.55M | 119.64M |
| nonOperatingIncomeExcludingInterest | -24.74M | 6.19M | - | - | - | - | -47000 | - | - |
| operatingIncome | 1.27B | 1.09B | 1.09B | 949M | 966.92M | 635.16M | 622.34M | 704.55M | 119.64M |
| totalOtherIncomeExpensesNet | -214.6M | -163.66M | -176.84M | -137M | -155.7M | -66.56M | -60.99M | -65.92M | -323.93M |
| incomeBeforeTax | 1.05B | 928M | 915.23M | 812M | 811.22M | 568.6M | 561.35M | 638.62M | -204.29M |
| incomeTaxExpense | 861K | 830K | 907K | 913K | 853K | 885K | 884K | 1.2M | 605K |
| netIncomeFromContinuingOperations | 1.05B | 928M | 914.32M | 812.68M | 810.37M | 567.71M | 560.46M | 637.43M | -204.89M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | -1000 | -1000 | - | - | - | -1000 | - |
| netIncome | 1.05B | 928M | 914.32M | 812M | 810.37M | 567.71M | 560.46M | 637.42M | -204.89M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 1.05B | 928M | 914.32M | 812.68M | 810.37M | 567.71M | 560.46M | 637.42M | -204.89M |
| eps | 3325.86 | 3333.33 | 3284.2 | 3348.46 | 3341.74 | 3211.03 | 3170.03 | 3605.35 | -4346.8 |
| date | 2026-01-31 | 2025-01-31 | 2024-07-31 | 2024-01-31 | 2023-07-31 | 2023-01-31 | 2022-07-31 | 2022-01-31 | 2021-07-31 |
|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 3.3B | 1.06B | 3B | 2.74B | 2.84B | 820.22M | 789.17M | 715.55M | 537.86M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 3.3B | 1.06B | 3B | 2.74B | 2.84B | 820.22M | 789.17M | 715.55M | 537.86M |
| netReceivables | 66.3M | 66.79M | 66.34M | 61.96M | 511.86M | 41.89M | 44.24M | 426.05M | 95.59M |
| accountsReceivables | - | - | 66.34M | 61.96M | 84.71M | 41.89M | 44.24M | - | 95.59M |
| otherReceivables | - | 66.79M | - | - | 427.15M | - | - | - | - |
| inventory | - | - | - | - | - | 1.34B | - | - | 806.16M |
| prepaids | 110.64M | - | 73.87M | 122.18M | 68.05M | 46.69M | 50.43M | 32.1M | 38.96M |
| otherCurrentAssets | 2.42B | -66.79M | 31000 | -2.1B | 1.81B | 1.39B | 1.26B | 1.69B | 1.69B |
| totalCurrentAssets | 3.36B | 1.06B | 3.14B | 826M | 3.33B | 2.26B | 2.14B | 2.44B | 1.87B |
| propertyPlantEquipmentNet | 6.06B | 56.64B | 55.09B | 46.67B | 4.27B | 30.53B | 29.82B | 29.9B | 29.35B |
| goodwill | - | - | - | - | - | - | - | - | - |
| intangibleAssets | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B |
| goodwillAndIntangibleAssets | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B | 2.08B |
| longTermInvestments | 55.93B | - | - | 42.13B | 42.26B | 102.99M | 102.23M | - | - |
| taxAssets | 12000 | 10000 | 14000 | 14000 | 11000 | 13000 | 12000 | 29000 | 29000 |
| otherNonCurrentAssets | 500.68M | 396.46M | 184.44M | -42.09B | -1.9B | 46.11M | 54.5M | 43.53M | 53.32M |
| totalNonCurrentAssets | 64.56B | 59.12B | 57.35B | 48.78B | 46.7B | 32.76B | 32.06B | 32.02B | 31.48B |
| otherAssets | 5000 | 67.9B | -2.24B | 5000 | 2000 | 3000 | 4000 | 2000 | 3000 |
| totalAssets | 67.92B | 60.18B | 58.26B | 49.61B | 50.04B | 35.02B | 34.2B | 34.46B | 33.35B |
| totalPayables | 463.49M | - | 328.64M | 439.95M | 405.48M | 228.82M | 191.65M | 206.62M | 344.94M |
| accountPayables | 228.41M | - | 149.07M | 239.91M | 265.64M | 132.72M | 66.65M | 87.16M | 95.2M |
| otherPayables | 235.08M | - | 179.56M | 200.04M | 139.84M | 96.09M | 125M | 119.46M | 249.74M |
| accruedExpenses | - | 12M | 10M | - | - | - | - | - | - |
| shortTermDebt | 11.7B | 4.45B | 2.8B | 2.8B | 7.3B | 3.95B | 3.2B | 2.95B | 2.95B |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | 7.64M | - | 678K | 7.57M | 42.18M | 1.83M | 605K |
| deferredRevenue | - | - | - | - | 378.88M | 264.53M | 288.13M | 283.05M | 397.6M |
| otherCurrentLiabilities | 316.79M | -4.45B | -3.13B | -3.23B | 239.65M | -4.16B | 166M | 183.53M | 188.64M |
| totalCurrentLiabilities | 11.7B | 12M | 10M | 7M | 7.95B | 4.35B | 3.56B | 3.34B | 3.48B |
| longTermDebt | 20.99B | 24.5B | 24.5B | 20.1B | 16.1B | 12.4B | 12.4B | 13B | 12.4B |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 2.05B | 6.31B | 4.41B | 4.46B | 955.8M | 5.01B | 653.55M | 655.35M | 642.75M |
| totalNonCurrentLiabilities | 23.04B | 30.81B | 28.91B | 24.56B | 17.06B | 13.08B | 13.05B | 13.66B | 13.04B |
| otherLiabilities | - | - | -586K | - | -2000 | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 34.74B | 30.82B | 28.92B | 24.57B | 25B | 17.42B | 16.61B | 17B | 16.53B |
| treasuryStock | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - |
| commonStock | 32.13B | 28.42B | 28.42B | 24.23B | 24.23B | 17.03B | 17.03B | 17.03B | 17.03B |
| retainedEarnings | 1.05B | 928M | 914.42M | 812M | 810.47M | 567.8M | 560.54M | 432.53M | -204.89M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - |
| date | 2026-01-31 | 2025-01-31 | 2024-07-31 | 2024-01-31 | 2023-07-31 | 2023-01-31 | 2022-07-31 | 2022-01-31 | 2021-07-31 |
|---|---|---|---|---|---|---|---|---|---|
| netIncome | 1.05B | 928M | 914.32M | 812.68M | 810.37M | 567.71M | 560.46M | 637.42M | -204.89M |
| depreciationAndAmortization | 259.02M | 217M | 205.56M | 172.66M | 162.83M | 122.03M | -116.69M | 115.25M | 42.48M |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 632.84M | 105.02M | -20.94M | 339.11M | -133.74M | -9.5M | 292.98M | 126.82M | -278.05M |
| accountsReceivables | 3.98M | -448K | -4.39M | 365.2M | -324.02M | -58.89M | 381.81M | 98.24M | -524.29M |
| inventory | - | - | - | - | - | - | - | - | - |
| accountsPayables | 72.07M | 70.86M | -63.42M | -25.94M | 132.74M | 65.82M | -46.01M | -26.82M | 92.83M |
| otherWorkingCapital | 556.79M | 670.19M | 46.86M | -151K | 57.54M | -16.42M | -42.82M | 55.4M | 153.41M |
| otherNonCashItems | 3.06M | 2.98M | 9.27M | 2.9M | 520.43M | 238.08M | -1.42M | 232.28M | 525.14M |
| netCashProvidedByOperatingActivities | 1.95B | 1.25B | 1.11B | 1.33B | 842.95M | 681.18M | 970.46M | 952.7M | -431.75M |
| investmentsInPropertyPlantAndEquipment | -1.34B | -1.76B | -8.62B | -166.53M | -14.15B | -832.12M | -15.37M | -818.94M | -30.97B |
| acquisitionsNet | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | -101.73M | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | 101.26M | 504K | - | - | - |
| otherInvestingActivities | -496.04M | 130M | 263K | 51.52M | 280.42M | 21.82M | -1.8M | 12.6M | 329.69M |
| netCashProvidedByInvestingActivities | -1.84B | -1.63B | -8.62B | -115.01M | -13.77B | -809.79M | -118.89M | -806.34M | -30.64B |
| netDebtIssuance | - | 1.65B | 4.4B | -500M | - | - | - | - | 15.35B |
| longTermNetDebtIssuance | 200M | 1.65B | 4.2B | - | - | - | - | - | 15.35B |
| shortTermNetDebtIssuance | -200M | 1.65B | 200M | -500M | - | - | - | - | - |
| netStockIssuance | - | - | 4.18B | - | - | - | - | - | 17.03B |
| netCommonStockIssuance | - | - | 4.18B | - | - | - | - | - | 17.03B |
| commonStockIssuance | - | - | 4.18B | - | 7.2B | - | - | - | 17.03B |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | -1.07B | -913M | -812.12M | -809.49M | -567.74M | -559.99M | -431.71M | - | - |
| commonDividendsPaid | - | -913M | -812.12M | -809.49M | -567.74M | -559.99M | -431.71M | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | -1M | -1000 | -1000 | 14.22B | 750M | -350M | 528.15M | -17.1B |
| netCashProvidedByFinancingActivities | -1.07B | 736M | 7.77B | -1.31B | 13.66B | 190.01M | -781.71M | 528.15M | 32.38B |