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3477.T — Tokyo Stock Exchange Real Estate Rental, Development & Operations

Forlife Co Ltd

¥822,00
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JPY
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Mcap
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P/E
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EV / Rev
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Div yield
3,86 %
Op margin
3,5 %
ROE
2,6 %
Net margin
2,4 %
Debt / equity
1,05
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

Forlife Co Ltd operates in the real estate rental, development, and operations industry, generating revenue primarily through property management and real estate development activities.

Business. Forlife Co Ltd (3477.T) is a real estate rental, development, and operations company headquartered in Japan. The firm is primarily listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic mix are not available.

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
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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 3477.

    • 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 3477.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

    Forlife Co Ltd (3477.T) is a real estate rental, development, and operations company headquartered in Japan. The firm is primarily listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic mix are not available.

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

    Forlife Co Ltd maintains a debt-to-equity ratio of 1.05, indicating a moderate reliance on debt financing relative to equity. The company's liquidity position is characterized as medium risk, with a current ratio of 1.82, suggesting it can cover short-term obligations but with limited buffer. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics for Forlife Co Ltd show a return on equity (ROE) of 2.65% and a return on assets (ROA) of 1.17%. These figures are below the industry median for ROE and ROA in the real estate rental, development, and operations sector, indicating that the company is underperforming in terms of capital efficiency and asset utilization.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial data. This lack of diversification increases exposure to regional economic downturns and regulatory changes affecting the local real estate market.

    Forlife Co Ltd's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The company's capital expenditures of -400,782,000 JPY suggest a reduction in investment in new property developments or infrastructure, which may limit future revenue expansion.

    The company's risk profile is marked by a medium liquidity risk and a low dilution risk. The negative net cash position after subtracting total debt indicates a potential need for additional financing, which could lead to increased leverage or equity dilution in the future. However, the low dilution risk suggests that the company is not currently issuing new shares at a rate that would significantly dilute existing shareholders.

    Recent filings and transcripts do not indicate any major corporate events or strategic shifts for Forlife Co Ltd. The company appears to be maintaining a stable but conservative operational strategy, with no significant new projects or acquisitions disclosed in the latest financial data.

    Key takeaways
    • Forlife Co Ltd has a moderate debt-to-equity ratio of 1.05, indicating a balanced but not overly leveraged capital structure.
    • The company's ROE of 2.65% and ROA of 1.17% are below the industry median, suggesting underperformance in capital efficiency and asset utilization.
    • Revenue is concentrated in a single business segment, with no geographic diversification disclosed, increasing exposure to regional risks.
    • The company's capital expenditures are negative, indicating a reduction in investment, which may limit future growth.
    • The company faces medium liquidity risk and a negative net cash position after subtracting total debt, signaling potential financing needs.
    • No major corporate events or strategic shifts have been disclosed in recent filings, suggesting a stable but conservative operational strategy.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Net income surged 264.1% year-over-year to JPY 550.8 million, demonstrating significant recent profitability acceleration.

    Free cash flow improved by 290.8% to JPY 513.8 million, indicating a strong recovery in cash generation capabilities.

    Cash conversion ratio of 8.59 ranks as best-in-class, significantly outperforming the cohort median of 0.29.

    Revenue grew at an 8.2% compound annual growth rate over four years, showing consistent top-line expansion.

    BEAR CASE · 2

    The company faces high credit risk, posing a significant threat to financial stability and potential asset quality.

    Debt-to-equity ratio of 1.05 is double the cohort median of 0.52, signaling elevated financial leverage.

    In focus — financials by report

    Valuation FY

    Market price
    ¥822,00
    Market cap
    —
    Enterprise valueⓘ
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    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    ¥3.47B
    Net cashⓘ
    -¥1.18B
    Current ratioⓘ
    1.8
    Debt / equityⓘ
    1.1
    ROAⓘ
    1.2%
    ROEⓘ
    2.6%
    Cash conversionⓘ
    859.0%
    CapEx / revenueⓘ
    -10.6%
    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 Margin3,5 %Below median
    Net Margin2,4 %Below median
    ROE2,6 %Above median
    Capex / Rev-10,6 %Bottom quartile
    D/E1,05Below median
    Cash Conv8,59Best 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
    • 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
    • Forlife Co Ltd 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
    3477.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