Tosei Corporation (8923.T)
Tokyo, JP
Tosei Corporation, a Tokyo-headquartered real estate firm founded in Japan in 1950 (and known as Tosei Fudosan Co., Ltd. until its rebranding in October 2006), operates across diverse sectors. The company excels in revitalizing real estate by acquiring properties with diminished asset value and implementing improvements to boost their worth. Its development division constructs various property types, including office buildings, commercial facilities, residential complexes like condominiums and detached homes, and hotels. Tosei also maintains a substantial rental portfolio, leasing buildings, apartments, commercial spaces, and parking areas. Furthermore, its fund and consulting segment offers comprehensive asset management for real estate funds, corporate advisory services, property acquisition and disposition, alongside investment management and financial instrument activities. The property management arm provides services such as building oversight, security, renovations, and tenant leasing. Beyond these, Tosei engages in general real estate consultancy, brokerage, and the planning, operation, and management of hotels.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.77% | +0.56% | -1.47% | -2.55% | -2.90% | -5.69% | +26.91% | +93.62% | +209.23% | +310.20% | +151.25% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Real Estate - Diversified: +6.8%+15.2% ★ Q2'26: +27.3% (vs Q2'25)
-
EPS growth Real Estate - Diversified: +19.8%+22.9% ★ Q2'26: -12.5% (vs Q2'25)
-
FCF margin Real Estate - Diversified: +10.4%-4.0% Q2'26: +18.0% (vs Q2'25)
-
EBIT margin Real Estate - Diversified: +36.9%+24.3% Q2'26: +23.7% (vs Q2'25)
-
ROIC Real Estate - Diversified: +3.3%+6.6% ★ Q2'26: +6.9% (vs Q2'25)
-
Share dilution Real Estate - Diversified: +0.0%+0.2% Q2'26: +2.3% (vs Q2'25)
-
Debt / EBITDA Real Estate - Diversified: 3.17×7.45× Q2'26: 6.93× (vs Q2'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Nov 2015 actual |
Nov 2016 actual |
Nov 2017 actual |
Nov 2018 actual |
Nov 2019 actual |
Nov 2020 actual |
Nov 2021 actual |
Nov 2022 actual |
Nov 2023 actual |
Nov 2024 actual |
Nov 2025 actual |
Nov 2026 4 Rev. Ana. 4 EPS Ana. |
Nov 2027 4 Rev. Ana. 4 EPS Ana. |
Nov 2028 3 Rev. Ana. 3 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
43.16B
est: 47.60B (-9.3%)
|
49.82B
est: 53.50B (-6.9%)
|
57.75B
est: 67.55B (-14.5%)
|
61.54B
est: 69.30B (-11.2%)
|
60.73B
est: 69.70B (-12.9%)
|
63.94B
est: 65.35B (-2.2%)
|
61.73B
est: 62.75B (-1.6%)
|
70.95B
est: 73.90B (-4.0%)
|
79.45B
est: 83.26B (-4.6%)
|
82.19B
est: 82.20B (0.0%)
|
94.69B
est: 97.33B (-2.7%)
|
118.75B
115.24B – 123.03B
+22.0% YoY
|
128.58B
118.70B – 134.88B
+8.3% YoY
|
137.08B
136.74B – 137.41B
+6.6% YoY
|
| EBITDA |
7.14B
est: 9.63B (-25.9%)
|
9.68B
est: 10.82B (-10.6%)
|
10.30B
est: 13.66B (-24.6%)
|
11.58B
est: 14.01B (-17.4%)
|
13.72B
est: 14.10B (-2.7%)
|
7.91B
est: 13.22B (-40.1%)
|
12.71B
est: 12.69B (+0.1%)
|
15.48B
est: 14.95B (+3.6%)
|
18.25B
est: 26.78B (-31.9%)
|
20.71B
est: 26.89B (-23.0%)
|
24.71B
est: 31.84B (-22.4%)
|
38.85B
37.70B – 40.25B
+22.0% YoY
|
42.07B
38.84B – 44.13B
+8.3% YoY
|
44.85B
44.74B – 44.96B
+6.6% YoY
|
| EBIT |
6.91B
est: -14.89B (+146.4%)
|
9.34B
est: -16.74B (+155.8%)
|
9.91B
est: -21.13B (+146.9%)
|
10.96B
est: -21.68B (+150.6%)
|
12.85B
est: -21.81B (+158.9%)
|
6.70B
est: -20.45B (+132.7%)
|
11.22B
est: -19.63B (+157.1%)
|
13.89B
est: -23.12B (+160.1%)
|
16.66B
est: -9.12B (+282.7%)
|
19.11B
est: 26.00B (-26.5%)
|
23.03B
est: 30.78B (-25.2%)
|
37.56B
36.45B – 38.92B
+22.0% YoY
|
40.67B
37.55B – 42.66B
+8.3% YoY
|
43.36B
43.25B – 43.46B
+6.6% YoY
|
| Net Income |
4.14B
est: 7.72B (-46.4%)
|
5.55B
est: 6.03B (-7.9%)
|
6.16B
est: 6.29B (-2.1%)
|
6.85B
est: 6.79B (+0.9%)
|
8.45B
est: 8.15B (+3.6%)
|
3.60B
est: 3.45B (+4.5%)
|
6.72B
est: 7.39B (-9.0%)
|
8.61B
est: 8.32B (+3.5%)
|
10.51B
est: 24.96B (-57.9%)
|
11.99B
est: 11.84B (+1.3%)
|
14.75B
est: 14.24B (+3.6%)
|
15.95B
15.33B – 16.53B
+12.0% YoY
|
16.88B
16.59B – 17.70B
+5.8% YoY
|
18.30B
17.73B – 19.54B
+8.4% YoY
|
| SGA |
—
est: 7.65B (-100.0%)
|
—
est: 8.60B (-100.0%)
|
—
est: 10.86B (-100.0%)
|
—
est: 11.14B (-100.0%)
|
—
est: 11.21B (-100.0%)
|
—
est: 10.51B (-100.0%)
|
—
est: 10.09B (-100.0%)
|
—
est: 11.88B (-100.0%)
|
—
est: 11.39B (-100.0%)
|
—
|
—
|
—
— – —
|
—
— – —
|
—
— – —
|
| EPS |
42.83
est: 79.60 (-46.2%)
|
57.45
est: 62.15 (-7.6%)
|
63.74
est: 64.88 (-1.7%)
|
70.68
est: 70.05 (+0.9%)
|
88.20
est: 84.10 (+4.9%)
|
38.03
est: 35.55 (+7.0%)
|
71.28
est: 76.18 (-6.4%)
|
90.83
est: 85.80 (+5.9%)
|
109.87
est: 260.35 (-57.8%)
|
123.72
est: 122.75 (+0.8%)
|
152.18
est: 147.71 (+3.0%)
|
166.03
157.81 – 170.21
+12.4% YoY
|
176.00
170.77 – 182.19
+6.0% YoY
|
191.25
182.49 – 201.19
+8.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-28 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-27 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-26 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-25 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-22 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-21 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-20 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-19 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-18 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-15 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-14 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-13 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-12 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-11 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-07 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-01 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-15 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-14 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-13 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-10 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Seiichiro Yamaguchi | President, Chief Executive Officer & Chairman | 92M | male |
| Hiroyasu Yoneda | Director, Managing Executive Officer & Deputy Chief of Administrative Division | — | male |
| Hitoshi Oshima | Managing Executive Officer | — | male |
| Junji Murata | Chief Compliance Officer | — | — |
| Masaaki Watanabe | Managing Executive Officer & Deputy Chief of Business Division | — | male |
| Noboru Hirano | CFO, Sr. Executive Officer of Administrative Division & Director | — | male |
| Nobuto Fujiwara | Managing Executive Officer | — | — |
| Ryoji Nishimoto | Senior Executive Officer & Deputy Chief of Business Division | — | male |
| Hideki Nakanishi | Chief Operating Officer, Senior Executive Officer of Business Division & Director | — | male |
| Shunsuke Yamaguchi | Director, Managing Executive Officer & Deputy Chief of Administrative Division | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 8923.T
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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