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Heiwa Real Estate REIT, Inc. (8966.T)
JPY135,100.00
+1,500.00 (+1.12%)
JP JPX Real Estate REIT - Diversified
Address
9-1, Nihonbashi-kabutocho 103-0026
Tokyo, JP
Tokyo, JP
CEO
Masanori Hirano
Website
heiwa-re.co.jp
IPO
2005-09-29
ISIN JP3046220004
Description
Heiwa Real Estate REIT, Inc. functions as an investment enterprise, accumulating capital from various investors. This capital is then predominantly allocated to real estate holdings. The company's primary objectives are to foster the expansion of its managed asset portfolio and to secure consistent, long-term profitability.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
JPY135,100.00
+1,500.00 (+1.12%)
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Volume Profile
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Liquidity & share structure
Average Volume
5.5K
Beta
0.26
Float Shares
1.08M
Free Float %
86.6%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.15% | -2.51% | -7.62% | -13.29% | -13.90% | -14.17% | +6.26% | -13.29% | -16.70% | +61.74% | -1.31% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
135,100.00
Ratings Trend (MoM)
33% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.20
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
-
Revenue growth+17.3% Q4'25: +38.2% (vs Q4'23)
-
EPS growth+20.3% Q4'25: +19.8% (vs Q4'23)
-
FCF margin— Q4'25: -23.6% (vs Q4'23)
-
EBIT margin— Q4'25: +43.8% (vs Q4'23)
-
ROIC— Q4'25: +9.8% (vs Q4'23)
-
Share dilution+4.8% Q4'25: +8.8% (vs Q4'23)
-
Debt / EBITDA9.46× Q4'25: 4.52× (vs Q4'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* 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.
Consensus Estimates
| Metric |
Nov 2019 actual |
Nov 2020 actual |
Nov 2021 actual |
Nov 2022 actual |
Nov 2023 actual |
Nov 2024 actual |
Nov 2025 actual |
Nov 2026 1 Rev. Ana. 1 EPS Ana. |
Nov 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
12.71B
est: 6.57B (+93.6%)
|
13.66B
est: 13.72B (-0.4%)
|
13.61B
est: 13.38B (+1.7%)
|
15.16B
est: 15.12B (+0.2%)
|
16.71B
est: 17.39B (-3.9%)
|
17.78B
est: 17.52B (+1.5%)
|
20.86B
est: 20.81B (+0.2%)
|
20.58B
20.58B – 20.58B
-1.1% YoY
|
21.14B
21.14B – 21.14B
+2.7% YoY
|
| EBITDA |
6.99B
est: 4.13B (+69.2%)
|
8.80B
est: 8.63B (+2.0%)
|
8.49B
est: 8.41B (+0.9%)
|
9.42B
est: 9.51B (-1.0%)
|
10.54B
est: 10.96B (-3.8%)
|
11.09B
est: 11.04B (+0.5%)
|
13.57B
est: 13.11B (+3.5%)
|
12.96B
12.96B – 12.96B
-1.1% YoY
|
13.32B
13.32B – 13.32B
+2.7% YoY
|
| EBIT |
5.88B
est: 3.28B (+79.4%)
|
6.88B
est: 6.85B (+0.6%)
|
6.57B
est: 6.68B (-1.7%)
|
7.48B
est: 7.55B (-0.9%)
|
8.47B
est: 8.82B (-4.0%)
|
8.99B
est: 8.89B (+1.2%)
|
11.37B
est: 10.56B (+7.7%)
|
10.44B
10.44B – 10.44B
-1.1% YoY
|
10.72B
10.72B – 10.72B
+2.7% YoY
|
| Net Income |
5.08B
est: 3.15B (+61.2%)
|
6.06B
est: 7.27B (-16.6%)
|
5.89B
est: 6.57B (-10.3%)
|
6.76B
est: 7.39B (-8.6%)
|
7.55B
est: 8.64B (-12.6%)
|
8.04B
est: 8.37B (-3.9%)
|
10.09B
est: 10.30B (-2.1%)
|
8.35B
8.35B – 8.35B
-18.9% YoY
|
8.45B
8.45B – 8.45B
+1.2% YoY
|
| SGA |
1.28B
est: 614.20M (+108.0%)
|
1.30B
est: 1.28B (+1.0%)
|
1.32B
est: 1.25B (+5.7%)
|
1.43B
est: 1.41B (+1.1%)
|
1.53B
est: 1.58B (-3.4%)
|
1.60B
est: 1.59B (+0.5%)
|
1.70B
est: 1.89B (-10.2%)
|
1.87B
1.87B – 1.87B
-1.1% YoY
|
1.92B
1.92B – 1.92B
+2.7% YoY
|
| EPS |
5,010.38
est: 2,640.00 (+89.8%)
|
6,002.40
est: 6,082.00 (-1.3%)
|
5,732.49
est: 5,495.00 (+4.3%)
|
6,227.66
est: 6,187.00 (+0.7%)
|
6,674.44
est: 6,899.39 (-3.3%)
|
6,855.26
est: 6,682.00 (+2.6%)
|
8,245.40
est: 8,228.00 (+0.2%)
|
6,670.00
6,670.00 – 6,670.00
-18.9% YoY
|
6,747.00
6,747.00 – 6,747.00
+1.2% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-28 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-27 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-26 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-25 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-22 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-21 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-20 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-19 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-18 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-15 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-14 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-13 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-12 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-11 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-07 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-01 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-27 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-24 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-15 | B- | 3/5 | 1/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
29.08B
OE per share TTM
22,559.75
Owner's Yield
17.12%
Maintenance CapEx ratio
569.07%
Maint CapEx / Avg PPE
1,112.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
Shares Outstanding
1.25M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Aya Motomura | Executive Director | — | female |
| Hideaki Sekine | SEO, Head of Investment Management & Director of HEIWA REAL ESTATE Asset Management Co., LTD. | — | — |
| Junichi Kawamura | Senior Managing Officer & GM of Business Admin Dept of HEIWA REAL ESTATE Asset Management CO., LTD. | — | — |
| Masanori Hirano | President, Chief Executive Officer & Director of HEIWA REAL ESTATE Asset Management CO., LTD. | — | — |
| Naoya Matsumoto | Managing Officer & GM of Internal Audit Department of HEIWA REAL ESTATE Asset Management CO., LTD. | — | — |
| Yasutake Watanabe | MEO, Head of Business Planning & Director of HEIWA REAL ESTATE Asset Management CO., LTD. | — | — |
| Yuji Tomiyasu | MD, Business Planning Division GM, Business Admin Dept. GM | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for 8966.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.
