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Companies Real Estate 3202.T
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3202.T Tokyo Stock Exchange Real Estate Rental, Development & Operations

3202.T

¥130,00
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JPY
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Mcap
3,9B JPY
P/E
EV / Rev
Div yield
2,42 %
Op margin
7,7 %
ROE
1,1 %
Net margin
1,3 %
Debt / equity
1,99
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management and development activities.

Business. The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management and development activities.

Classification92 %
SectorReal Estate
IndustryReal Estate Rental, Development & Operations
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
1,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3202.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3202.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management and development activities.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Rental, Development & Operations
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a high debt-to-equity ratio of 1.99, indicating a significant reliance on debt financing. Its liquidity position is moderate, with a current ratio of 1.39 and cash and equivalents of 959.7 million JPY. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics show a weak performance, with a return on equity (ROE) of 1.12% and a return on assets (ROA) of 0.27%. These figures are below the typical thresholds for healthy returns in the real estate sector, suggesting that the company is underperforming relative to its asset base and equity.

    The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess the concentration of risk or growth potential in specific markets or product lines. However, the overall revenue of 4.1 billion JPY indicates a mid-sized operation in the real estate sector.

    The company's growth trajectory appears to be flat, with no significant revenue growth reported in the latest financial period. The outlook for the current fiscal year does not indicate a substantial change in revenue, and the next fiscal year is expected to follow a similar trend. This suggests that the company may be facing challenges in expanding its market share or increasing its revenue streams.

    The company's risk profile is marked by a medium liquidity risk and a low dilution risk. The high debt-to-equity ratio and negative net cash position contribute to the liquidity risk, while the low dilution risk is supported by the absence of significant share issuance or dilution events in the recent financial data.

    Recent events and filings do not provide specific details on new projects, strategic initiatives, or regulatory changes that could impact the company's performance. The latest financial data and analyst estimates suggest a stable but unremarkable performance, with no major disruptions or opportunities identified in the near term.

    Key takeaways
    • The company has a high debt-to-equity ratio, indicating a significant reliance on debt financing.
    • Profitability metrics are weak, with ROE and ROA below typical thresholds for the real estate sector.
    • The company's liquidity position is moderate, with a current ratio of 1.39 and a negative net cash position after subtracting total debt.
    • The company's growth trajectory is flat, with no significant revenue growth reported in the latest financial period.
    • The company's risk profile is marked by a medium liquidity risk and a low dilution risk.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥130,00
    Market cap
    ¥4.02B
    Enterprise value
    ¥12.87B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    26.8x
    P / B
    0.8x
    P / Tangible book
    0.8x
    Tangible book
    ¥4.92B
    Net cash
    -¥8.85B
    Current ratio
    1.4
    Debt / equity
    2.0
    ROA
    0.3%
    ROE
    1.1%
    Cash conversion
    875.0%
    CapEx / revenue
    -3.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin7,7 %Below median
    Net Margin1,3 %Below median
    ROE1,1 %Below median
    Capex / Rev-3,4 %Below median
    D/E1,99Bottom quartile
    Cash Conv8,75Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • 3202.T Market data — financials · 2026-05-26
    • Daitobo Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3202.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage