2981.T
The company operates in the real estate services industry, providing real estate management and development services, and generates revenue primarily through property management, development, and investment activities.
Business. The company operates in the real estate services industry, providing real estate management and development services, and generates revenue primarily through property management, development, and investment activities.
At a glance
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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
The company operates in the real estate services industry, providing real estate management and development services, and generates revenue primarily through property management, development, and investment activities.
The company maintains a debt-to-equity ratio of 1.47, indicating a moderate reliance on debt financing, and a current ratio of 1.79, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the operating cash flow is negative at -3.41 billion JPY, which may raise concerns about its ability to fund operations without external financing. The free cash flow is positive at 1.11 billion JPY, which provides some flexibility for reinvestment or shareholder returns.
Profitability metrics show a return on equity of 16.83% and a return on assets of 6.45%, both of which are strong indicators of efficient capital use and asset management. These figures suggest the company is generating solid returns relative to its equity and asset base, which is favorable compared to the industry's typical performance benchmarks.
The company's revenue is concentrated in the real estate services segment, with no disclosed geographic diversification in the provided data. This lack of geographic segmentation may indicate a high concentration of revenue in a specific region, potentially increasing exposure to local market risks.
The company's growth trajectory is reflected in its recent financial performance, with a revenue of 20.27 billion JPY. While no specific growth rate is provided, the positive free cash flow and strong return on equity suggest the company is in a position to sustain or potentially accelerate growth in the near term.
The risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt highlights a potential liquidity constraint, which could necessitate additional financing or asset sales to maintain operations. The dilution risk is low, suggesting that the company is not expected to issue a significant number of new shares in the near future.
Recent events, as reflected in the financial data, include a negative operating cash flow and a positive free cash flow. These figures suggest that while the company is generating enough cash to support operations and reinvestment, it is also facing challenges in maintaining positive cash flow from operations.
- The company has a strong return on equity of 16.83%, indicating efficient use of shareholder capital.
- The debt-to-equity ratio of 1.47 suggests a moderate level of leverage, which is typical for the real estate services industry.
- The company's free cash flow of 1.11 billion JPY provides flexibility for reinvestment or shareholder returns.
- The negative operating cash flow of -3.41 billion JPY may indicate operational inefficiencies or capital-intensive activities.
- The company's liquidity risk is medium, and its dilution risk is low, suggesting a stable capital structure.
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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
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
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- 2981.T Market data — financials · 2026-05-26
- Landix Inc Market data — analyst estimates · 2026-05-26