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Daiwa Securities Living Investment Corporation (8986.T)

JPY99,000.00 +900.00 (+0.92%)
JP JPX Real Estate REIT - Residential
Address 6-2-1 Ginza 104-0061
Tokyo, TK, JP
CEO Yasunobu Kuroda
IPO 2006-06-22
ISIN JP3046410001

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Also trades on Other OTC · JRHIF (USD) Tokyo Stock Exchange · 8986.T (JPY)
Description

Daiwa Securities Living Investment Corporation based on the provisions of the Act on Investment Trusts and Investment Corporations and listed as a housing-specific REIT on the Tokyo Stock Exchange Real Estate Investment Trust market on June 22, 2006. The Investment Corporation merged with Prospect Reit Investment Corporation in an absorption-type merger on July 1, 2010, and since then it has been seeking to steadily enhance distributions primarily by improving the quality of its portfolio through the replacement of properties (acquiring new properties and disposing of existing properties), strengthening overall operations by improving occupancy rates and other factors, and reducing costs by decreasing expenses for interest-bearing debt and other items. Furthermore, as a result of an absorption-type merger (hereinafter the Merger) whereby the Investment Corporation is the surviving corporation and Nippon Healthcare Investment Corporation (hereinafter NHI) is the absorbed corporation on April 1, 2020, upon which the trade name was changed from Japan Rental Housing Investments Inc. to Daiwa Securities Living Investment Corporation and healthcare facilities were added to the portfolio, the Investment Corporation is now managed as a REIT that comprehensively provides comfortable living spaces that support life and lifestyle of everyone suited to each life stage. The properties under management at the end of September 2025 consisted of 243 properties with a total acquisition price of 399,139 yen million and a total rentable floor area of 742,455.67 square meters. Daiwa Securities Living Investment Corporation was established on October 07, 2005 and incorporated in Japan.

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
JPY99,000.00 +900.00 (+0.92%)
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Volume Profile
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Liquidity & share structure
Average Volume
4.9K
Beta
0.26
Float Shares
1.96M
Free Float %
82.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.70% -3.07% -6.21% -13.73% -12.15% -11.77% +9.05% -10.36% -9.72% +19.62% -1.51%
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
99,000.00
Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.14
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
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
    +48.9% Q1'26: +154.1% (vs Q1'24)
  • EPS growth
    +15.0% Q1'26: +18.7% (vs Q1'24)
  • FCF margin
    Q1'26: +35.7% (vs Q1'24)
  • EBIT margin
    Q1'26: +24.1% (vs Q1'24)
  • ROIC
    Q1'26: +8.7% (vs Q1'24)
  • Share dilution
    0.0% Q1'26: -0.5% (vs Q1'24)
  • Debt / EBITDA
    9.45× Q1'26: 4.69× (vs Q1'24)
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 = 54% × Ke + 46% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 99,000.00
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 Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
2 Rev. Ana.
2 EPS Ana.
Sep 2027
2 Rev. Ana.
2 EPS Ana.
Sep 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
32.10B
est: 11.46B (+180.0%)
21.30B
est: 10.22B (+108.5%)
22.70B
est: 11.31B (+100.7%)
24.67B
est: 26.05B (-5.3%)
27.44B
est: 26.05B (+5.3%)
40.85B
est: 29.35B (+39.2%)
29.54B
29.46B – 29.62B
+0.7% YoY
27.72B
27.48B – 27.96B
-6.2% YoY
27.98B
27.91B – 28.05B
+0.9% YoY
EBITDA
13.37B
est: 7.53B (+77.6%)
14.66B
est: 6.71B (+118.4%)
15.67B
est: 7.43B (+111.0%)
17.14B
est: 17.12B (+0.2%)
18.68B
est: 17.12B (+9.1%)
21.66B
est: 19.28B (+12.4%)
19.41B
19.36B – 19.46B
+0.7% YoY
18.21B
18.05B – 18.37B
-6.2% YoY
18.38B
18.33B – 18.43B
+0.9% YoY
EBIT
9.02B
est: 5.25B (+71.8%)
9.88B
est: 4.68B (+111.2%)
10.67B
est: 5.18B (+106.0%)
11.81B
est: 11.93B (-1.0%)
13.33B
est: 11.93B (+11.7%)
15.98B
est: 13.44B (+18.9%)
13.53B
13.49B – 13.56B
+0.7% YoY
12.69B
12.58B – 12.80B
-6.2% YoY
12.81B
12.78B – 12.85B
+0.9% YoY
Net Income
9.39B
8.89B
9.27B
est: 5.06B (+83.2%)
10.35B
est: 11.69B (-11.4%)
12.02B
est: 11.66B (+3.0%)
13.82B
est: 13.38B (+3.3%)
13.43B
13.19B – 13.67B
+0.4% YoY
11.73B
11.65B – 12.14B
-12.7% YoY
12.05B
12.00B – 12.09B
+2.7% YoY
SGA
1.42B
est: 582.62M (+142.9%)
1.67B
est: 519.25M (+222.3%)
1.79B
est: 574.79M (+211.2%)
438.16M
est: 1.63B (-73.1%)
2.17B
est: 1.63B (+33.2%)
2.37B
est: 1.83B (+29.3%)
1.84B
1.84B – 1.85B
+0.7% YoY
1.73B
1.72B – 1.75B
-6.2% YoY
1.75B
1.74B – 1.75B
+0.9% YoY
EPS
4,568.09
4,197.43
4,206.55
est: 2,108.40 (+99.5%)
4,579.40
est: 4,867.49 (-5.9%)
5,003.00
est: 4,857.27 (+3.0%)
5,755.12
est: 5,573.41 (+3.3%)
5,593.82
5,493.81 – 5,693.83
+0.4% YoY
4,953.81
4,850.49 – 5,057.13
-11.4% YoY
5,016.68
4,999.32 – 5,034.04
+1.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-25 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-22 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-21 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-20 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-19 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-18 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-15 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-14 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-13 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-12 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-11 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-08 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-07 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-05-01 B+ 3/5 5/5 4/5 4/5 1/5 2/5 3/5
2026-04-30 B+ 3/5 5/5 4/5 4/5 1/5 2/5 3/5
2026-04-28 B+ 3/5 5/5 3/5 4/5 2/5 2/5 3/5
2026-04-27 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-24 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5
2026-04-23 A- 4/5 5/5 3/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 5/5 3/5 5/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5
2026-04-20 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5
2026-04-17 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5
2026-04-16 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5
2026-04-15 B+ 3/5 5/5 3/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
298.02B
OE per share TTM
124,673.23
Owner's Yield
124.28%
Maintenance CapEx ratio
3,025.20%
Maint CapEx / Avg PPE
1,095.0%

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
34.08M
Shares Outstanding
2.39M

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
Hidenobu Shirota Executive Director male
Jun Abe Head of Inv. Magt. and GM of DLI Inv. Magt. & GM of Portfolio Strategy of DREAM Co., Ltd. male
Kazuya Iwashita Head of Private Fund Management Department
Koji Watanabe Managing Director of Mi-Casa Asset Management Inc. male
Seiji Kimoto Chief Financial Officer, Executive Officer & GM of Business Mgmt Dept for Mi-Casa Asset Management Inc male
Shoichi Ichikawa Head of DRP Investment Management & General Manager
Taisuke Mazaki Compliance Officer
Yanagisawa Kosuke Senior Manager of DLI Investment Management Departmen 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