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401A.T Tokyo Stock Exchange Specialized REITs

Kasumigaseki Hotel REIT Investment Corp

¥95 900,00
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JPY
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Mcap
P/E
EV / Rev
Div yield
2,64 %
Op margin
73,2 %
ROE
2,6 %
Net margin
47,2 %
Debt / equity
0,88
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Kasumigaseki Hotel REIT Investment Corp owns and operates hotel properties in Japan, generating income primarily through rental revenue and property appreciation.

Business. Kasumigaseki Hotel REIT Investment Corp (401A.T) is a specialized real estate investment trust listed on the Tokyo Stock Exchange. The company operates within the Real Estate sector, focusing on the acquisition and management of income-generating properties. As segment and geographic breakdowns are not specified, the firm is described at the industry level as a specialized REIT. Its primary business activity involves generating rental income from its real estate holdings.

Classification92 %
SectorReal Estate
IndustrySpecialized REITs
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
2,6 %
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 401A.
  • 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 401A.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

    Kasumigaseki Hotel REIT Investment Corp (401A.T) is a specialized real estate investment trust listed on the Tokyo Stock Exchange. The company operates within the Real Estate sector, focusing on the acquisition and management of income-generating properties. As segment and geographic breakdowns are not specified, the firm is described at the industry level as a specialized REIT. Its primary business activity involves generating rental income from its real estate holdings.

    Classification92 %
    SectorReal Estate
    IndustrySpecialized REITs
    AI synthesis
    GENERATED

    Kasumigaseki Hotel REIT Investment Corp maintains a debt-to-equity ratio of 0.88, indicating a relatively balanced capital structure, though its current ratio of 0.83 suggests potential short-term liquidity constraints. The company's negative operating cash flow of ¥1.16 billion and a capital expenditure of ¥49.83 billion in the latest period highlight significant reinvestment in its property portfolio.

    Profitability metrics show a return on equity of 2.65% and a return on assets of 1.4%, both below the industry median for Specialized REITs, indicating subpar performance relative to peers. The company's net income of ¥754.61 million is supported by an operating income of ¥1.17 billion, but its gross profit margin of 92.4% suggests high operational efficiency.

    The company's revenue is concentrated in hotel operations, with no disclosed geographic diversification beyond Japan. This concentration increases exposure to local economic and regulatory conditions. No specific segments are disclosed, but the company's operations are entirely within the hotel REIT space.

    Outlook for the current fiscal year shows a projected revenue growth of 0.5%, with a marginal increase in net income. The next fiscal year is expected to see a 1.2% revenue growth, driven by occupancy rate improvements and property value appreciation. The company's capital expenditure is expected to remain high as it continues to invest in property maintenance and development.

    The company faces medium liquidity risk due to its negative operating cash flow and high capital expenditure. Dilution risk is assessed as low, with no significant dilution sources identified in the latest filings. The risk assessment also notes that net cash is negative after subtracting total debt, indicating a need for careful debt management.

    Recent filings and transcripts indicate the company is focused on maintaining property values and optimizing occupancy rates. No major regulatory or legal issues have been disclosed in the latest period.

    Key takeaways
    • Kasumigaseki Hotel REIT Investment Corp has a balanced capital structure but faces liquidity constraints due to a current ratio below 1.
    • The company's profitability metrics are below industry medians, indicating subpar performance relative to peers.
    • Revenue is concentrated in hotel operations with no geographic diversification beyond Japan.
    • Outlook for the next fiscal year is modest, with projected revenue growth of 1.2% driven by occupancy rate improvements.
    • The company faces medium liquidity risk and low dilution risk, with no significant dilution sources identified.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥95 900,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥28.48B
    Net cash
    -¥23.74B
    Current ratio
    0.8
    Debt / equity
    0.9
    ROA
    1.4%
    ROE
    2.6%
    Cash conversion
    -153.0%
    CapEx / revenue
    -31.2%
    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 Margin73,2 %Above median
    Net Margin47,2 %Above median
    ROE2,6 %Below median
    Capex / Rev-3 118,7 %Bottom quartile
    D/E0,88Below median
    Cash Conv-1,53Bottom quartile

    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
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Kasumigaseki Hotel REIT Investment Corp Market data — financials · 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
    401A.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