9816.T
The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management, development, and leasing activities.
Business. The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management, development, and leasing 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
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Composite-score breakdown
Synthesis
The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property management, development, and leasing activities.
The company maintains a strong liquidity position, with cash and equivalents amounting to ¥21.42 billion, significantly exceeding its short-term obligations. The liquidity FPT (free cash flow to total liabilities) is not explicitly provided, but the current ratio of 3.35 indicates a robust ability to meet current liabilities with current assets. However, the company reported negative free cash flow of ¥3.61 million, suggesting that capital expenditures are outpacing operating cash flow.
Profitability metrics show a return on equity (ROE) of 1.77% and a return on assets (ROA) of 0.79%, both of which are below the typical thresholds for strong performance in the real estate sector. The operating income of ¥47.54 million and net income of ¥43.50 million indicate modest profitability, with a debt-to-equity ratio of 0.82 suggesting a moderate level of leverage.
The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. Geographically, the company's exposure is not specified, but the absence of segmental or geographic diversification may increase its vulnerability to localized market conditions.
Looking ahead, the company's revenue is expected to remain stable, with no significant growth or decline projected in the current or next fiscal year. The capital expenditure of ¥138.85 million indicates ongoing investment in property development and maintenance, but the negative free cash flow suggests that these expenditures are not being fully offset by operating cash flow.
The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low dilution risk is supported by the absence of recent share issuance or at-the-market (ATM) programs. However, the negative free cash flow and moderate debt-to-equity ratio suggest that the company may need to consider additional financing in the future, which could introduce dilution risk.
Recent events, including the latest financial filing and analyst estimates, show that the company's last actual EPS was 5.32 JPY and its last actual revenue was ¥7.79 billion. These figures align with the company's reported financial performance and suggest a stable, though not growing, business.
- The company has a strong liquidity position with a current ratio of 3.35.
- Profitability is modest, with ROE and ROA below typical thresholds for the real estate sector.
- The company's revenue is concentrated in a single business segment, increasing vulnerability to market conditions.
- No immediate liquidity or dilution risks are detected, but negative free cash flow may necessitate future financing.
- The company's capital expenditures are significant, but not fully offset by operating cash flow.
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- No immediate filing-based liquidity or dilution flags were detected.
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- 9816.T Market data — financials · 2026-05-27
- Striders Corp Market data — analyst estimates · 2026-05-27