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KDX Realty Investment Corporation (8972.T)

JPY156,400.00 +1,500.00 (+0.97%)
JP JPX Real Estate REIT - Diversified
Address 2-1-6 Uchisaiwaicho 100-0011
Tokyo, JP
CEO Akihiro Asano
IPO 2005-09-29
ISIN JP3046270009

Explore sections of this company profile

Description

Operating as a real estate investment trust (REIT), KDX Realty Investment Corporation specializes in acquiring various property types. The company's portfolio primarily comprises office, residential, and retail structures strategically situated across Tokyo and other key economic zones. Notable holdings include the KDX Nihonbashi 313 Building, Higashi-Kayabacho Yuraku Building, Harajuku FF Building, Ark Mori Building, Ginza 4-chome Tower, and the Portas Center Building, among others. Kenedix Real Estate Fund Management Inc. manages the assets for KDX Realty. This Tokyo-headquartered firm was established on May 6, 2005.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
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
Averages
Trend
Price
Levels
Draw
JPY156,400.00 +1,500.00 (+0.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
11.9K
Beta
0.26
Float Shares
3.89M
Free Float %
96.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.02% +1.47% -2.45% -6.47% -10.72% -9.40% +4.81% +3.41% -21.67% +0.95% +7.80%
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
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
156,400.00
DCF (Unlevered) 255,824.37 +63.6%
DCF (Levered) 466,077.84 +198.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.96
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    +0.9% Q4'25: +24.3% (vs Q4'23)
  • EPS growth
    -31.0% Q4'25: +7.2% (vs Q4'23)
  • FCF margin
    Q4'25: +91.0% (vs Q4'23)
  • EBIT margin
    Q4'25: +92.2% (vs Q4'23)
  • ROIC
    Q4'25: +6.8% (vs Q4'23)
  • Share dilution
    -0.7% Q4'25: +19.3% (vs Q4'23)
  • Debt / EBITDA
    11.54× Q4'25: 5.85× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.27) × ERP
WACC = 53% × Ke + 47% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 255,824.37 Current price: 156,400.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 2016
actual
Apr 2017
actual
Apr 2018
actual
Apr 2019
actual
Apr 2020
actual
Apr 2021
actual
Apr 2022
actual
Apr 2023
actual
Apr 2024
actual
Oct 2024
actual
Apr 2025
actual
Apr 2025
actual
Oct 2025
actual
Oct 2025
actual
Apr 2026
2 Rev. Ana.
2 EPS Ana.
Oct 2026
2 Rev. Ana.
2 EPS Ana.
Apr 2027
2 Rev. Ana.
2 EPS Ana.
Oct 2027
2 Rev. Ana.
2 EPS Ana.
Apr 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
27.87B
est: 27.26B (+2.2%)
27.85B
est: 27.68B (+0.6%)
28.94B
est: 28.95B (0.0%)
30.24B
est: 19.90B (+52.0%)
30.24B
est: 30.28B (-0.1%)
31.99B
est: 30.92B (+3.4%)
31.33B
est: 21.67B (+44.6%)
32.16B
est: 23.16B (+38.9%)
33.95B
est: 55.31B (-38.6%)
33.95B
est: 76.13B (-55.4%)
78.72B
est: 76.13B (+3.4%)
78.06B
est: 76.13B (+2.5%)
78.72B
est: 78.00B (+0.9%)
78.06B
est: 78.00B (+0.1%)
79.53B
79.15B – 79.92B
+2.7% YoY
81.65B
80.81B – 82.49B
+2.7% YoY
81.65B
80.81B – 82.49B
+1.5% YoY
82.89B
82.04B – 83.74B
+1.5% YoY
82.89B
82.26B – 83.52B
+0.0% YoY
EBITDA
16.26B
est: 18.04B (-9.9%)
15.86B
est: 18.32B (-13.4%)
15.68B
est: 19.16B (-18.2%)
18.31B
est: 13.17B (+39.0%)
18.49B
est: 20.04B (-7.7%)
20.14B
est: 20.47B (-1.6%)
19.66B
est: 14.34B (+37.1%)
19.70B
est: 15.33B (+28.5%)
21.18B
est: 36.61B (-42.1%)
21.18B
est: 50.27B (-57.9%)
48.98B
est: 50.39B (-2.8%)
63.66B
est: 50.39B (+26.3%)
48.98B
est: 51.51B (-4.9%)
63.66B
est: 51.51B (+23.6%)
52.64B
52.39B – 52.90B
+2.4% YoY
53.92B
53.37B – 54.47B
+2.4% YoY
54.04B
53.49B – 54.60B
+1.3% YoY
54.74B
54.18B – 55.30B
+1.3% YoY
54.86B
54.45B – 55.28B
+0.2% YoY
EBIT
11.82B
est: 13.85B (-14.7%)
11.35B
est: 14.07B (-19.3%)
11.10B
est: 14.72B (-24.6%)
13.65B
est: 10.11B (+35.0%)
13.70B
est: 15.39B (-11.0%)
15.15B
est: 15.71B (-3.6%)
14.55B
est: 11.01B (+32.1%)
14.48B
est: 11.77B (+23.0%)
15.75B
est: 28.11B (-44.0%)
15.75B
est: 38.99B (-59.6%)
38.84B
est: 38.69B (+0.4%)
53.80B
est: 38.69B (+39.0%)
38.84B
est: 39.95B (-2.8%)
53.80B
est: 39.95B (+34.7%)
40.42B
40.22B – 40.62B
+3.5% YoY
41.82B
41.39B – 42.25B
+3.5% YoY
41.50B
41.07B – 41.92B
+2.3% YoY
42.45B
42.02B – 42.89B
+2.3% YoY
42.13B
41.81B – 42.45B
-0.8% YoY
Net Income
9.67B
est: 23.64B (-59.1%)
9.42B
est: 23.08B (-59.2%)
9.34B
est: 23.37B (-60.0%)
11.94B
est: 28.37B (-57.9%)
12.02B
est: 27.17B (-55.7%)
13.49B
est: 29.24B (-53.9%)
12.93B
est: 28.57B (-54.8%)
12.95B
est: 29.15B (-55.6%)
13.78B
est: 54.51B (-74.7%)
13.78B
est: 33.86B (-59.3%)
33.83B
est: 33.86B (-0.1%)
49.40B
est: 33.86B (+45.9%)
33.83B
est: 33.75B (+0.2%)
49.40B
est: 33.75B (+46.3%)
33.75B
33.37B – 34.80B
+0.6% YoY
33.94B
32.68B – 35.37B
+0.6% YoY
33.94B
32.92B – 35.63B
+1.2% YoY
34.35B
33.43B – 35.26B
+1.2% YoY
34.60B
33.68B – 35.52B
+0.7% YoY
SGA
1.67B
est: 1.88B (-11.0%)
1.70B
est: 1.91B (-11.1%)
1.70B
est: 2.00B (-14.6%)
1.96B
est: 1.37B (+43.1%)
2.05B
est: 2.09B (-1.6%)
2.23B
est: 2.13B (+4.6%)
2.17B
est: 1.49B (+45.1%)
2.13B
est: 1.60B (+33.5%)
2.31B
est: 3.81B (-39.5%)
2.31B
est: 5.41B (-57.3%)
6.32B
est: 5.25B (+20.5%)
5.58B
est: 5.25B (+6.4%)
6.32B
est: 5.54B (+14.1%)
5.58B
est: 5.54B (+0.8%)
5.48B
5.45B – 5.51B
+5.8% YoY
5.80B
5.74B – 5.86B
+5.8% YoY
5.63B
5.57B – 5.68B
+4.6% YoY
5.89B
5.83B – 5.95B
+4.6% YoY
5.71B
5.67B – 5.75B
-3.0% YoY
EPS
6,029.50
est: 5,795.62 (+4.0%)
5,814.50
est: 5,658.50 (+2.8%)
5,766.50
est: 5,728.25 (+0.7%)
7,192.00
est: 6,954.75 (+3.4%)
3,507.27
est: 6,660.05 (-47.3%)
7,868.01
est: 7,168.27 (+9.8%)
7,541.35
est: 7,005.00 (+7.7%)
7,573.81
est: 7,145.75 (+6.0%)
4,059.60
est: 13,362.91 (-69.6%)
4,059.60
est: 7,968.03 (-49.1%)
8,355.79
est: 7,968.03 (+4.9%)
12,108.00
est: 7,968.03 (+52.0%)
8,355.79
est: 8,236.15 (+1.5%)
12,108.00
est: 8,236.15 (+47.0%)
8,356.70
8,182.00 – 8,531.40
+0.6% YoY
8,403.00
8,071.00 – 8,735.00
+0.6% YoY
8,403.00
8,071.00 – 8,735.00
+0.9% YoY
8,482.40
8,257.00 – 8,707.80
+0.9% YoY
8,482.40
8,257.00 – 8,707.80
+0.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 3/5 4/5 3/5 2/5 3/5
2026-05-28 A- 4/5 5/5 3/5 4/5 3/5 2/5 3/5
2026-05-27 A- 4/5 5/5 3/5 4/5 3/5 2/5 3/5
2026-05-26 A- 4/5 5/5 3/5 4/5 3/5 2/5 3/5
2026-05-25 A- 4/5 5/5 3/5 4/5 3/5 2/5 3/5
2026-05-22 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-21 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-20 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-19 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-18 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-15 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-14 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-13 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-12 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-11 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-08 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-07 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-05-01 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-28 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-27 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-24 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-23 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-22 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-15 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.45T
OE per share TTM
356,373.35
Owner's Yield
225.19%
Maintenance CapEx ratio
3,370.44%
Maint CapEx / Avg PPE
1,407.0%

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
EBIT / Employee
1.18B
Shares Outstanding
4.04M

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

NameTitleCompensationGender
Akihiro Asano President of Kenedix Real Estate Fund Management, Inc. male
Atsuhiko Murata Head of Investment Department of Kenedix Real Estate Fund Management, Inc.
Hiroaki Momoi Chief Operating Officer & Head of Listed REIT Div. of Kenedix Real Estate Fund Mgmt., Inc. and Executive Director male
Moyuru Watanabe Head of Finance & Accounting Department of Kenedix Real Estate Fund Management, Inc. male
Tetsushi Ichikawa Chief Operating Officer & Head of Private REIT Division of Kenedix Real Estate Fund Management, Inc. 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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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits