2974.Fu
2974.FU operates in the real estate rental, development, and operations industry, generating revenue primarily through property management and development activities.
Business. 2974.FU operates in the real estate rental, development, and operations industry, generating revenue primarily through property management and development activities.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
2974.FU operates in the real estate rental, development, and operations industry, generating revenue primarily through property management and development activities.
2974.FU has a high debt-to-equity ratio of 3.41, indicating a capital structure heavily reliant on debt financing. The company's liquidity position is moderate, with a current ratio of 1.51, suggesting it can cover short-term obligations but with limited buffer. Despite holding JPY 9,933,341,000 in cash and equivalents, the firm's long-term debt of JPY 30,097,903,000 results in a negative net cash position after subtracting total debt.
Profitability metrics show a return on equity of 7.25% and a return on assets of 1.35%, which are below the typical thresholds for strong performance in the real estate sector. The operating margin is 3.34% (calculated from operating income of JPY 1,305,431,000 on revenue of JPY 39,093,129,000), indicating that the company is generating modest returns relative to its revenue.
The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess geographic or product diversification. However, the lack of segment-specific data suggests that the company may be concentrated in a single geographic area or business model.
Looking ahead, the company's growth trajectory is uncertain. The operating cash flow is negative at JPY -4,649,441,000, and the free cash flow is also negative at JPY -1,393,606,000, indicating that the company is not generating sufficient cash from operations to fund its capital expenditures. The capital expenditure of JPY -2,255,955,000 further suggests ongoing investment in property development or maintenance.
The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's high debt load and negative net cash position are key flags, suggesting potential challenges in maintaining financial stability. The dilution risk is low, as the number of shares outstanding has not changed between basic and diluted shares.
Recent events and filings do not provide specific details on new projects, strategic shifts, or regulatory changes that could impact the company's performance. The absence of recent transcripts or filings suggests a lack of public commentary or significant developments in the near term.
- 2974.FU has a high debt-to-equity ratio of 3.41, indicating a capital structure heavily reliant on debt financing.
- The company's return on equity is 7.25%, and return on assets is 1.35%, which are below typical thresholds for strong performance in the real estate sector.
- The company's liquidity position is moderate, with a current ratio of 1.51, suggesting it can cover short-term obligations but with limited buffer.
- The company's operating cash flow and free cash flow are both negative, indicating that it is not generating sufficient cash from operations to fund its capital expenditures.
- The risk assessment highlights a medium liquidity risk and a low dilution risk, with the company's high debt load and negative net cash position being key flags.
- **margin_outlook_rationale**: The company's operating margin is expected to remain modest due to the high debt load and capital-intensive nature of the real estate industry.
- **rd_outlook_rationale**: There is no specific information provided on research and development activities for 2974.FU.
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- Net cash is negative after subtracting total debt.
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- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
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- Cash Conversion Ratiooperating_cash_flow / net_income
- 2974.FU Market data — financials · 2026-05-26
- Daieisangyo Co Ltd Market data — analyst estimates · 2026-05-26