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8979.T — Tokyo Stock Exchange Residential REITs

Starts Proceed Investment Corp

¥184 900,00
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4,97 %
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About

Starts Proceed Investment Corp is a residential REIT that generates income primarily through real estate investments in residential properties.

Business. Starts Proceed Investment Corp (8979.T) is a residential real estate investment trust listed on the Tokyo Stock Exchange. The company operates within the residential REITs industry, generating revenue primarily through rental income. Specific details regarding operating segments and geographic presence are not available.

Classification92 %
SectorReal Estate
IndustryResidential REITs
Generated · model-assisted
Sell-side consensus
HOLD1 analysts
0 buy1 hold0 sell
Avg 12m price target215 000,00

Analyst recommendations

1 analysts · consensus Hold
Buy0
Hold1
Sell0
12-month price target
215 000,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
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valuation pending
Analysts→
Hold
1 analysts · indicative
Ownership
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not yet wired
Profitability
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not yet wired
Quality
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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 8979.

    • 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 8979.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

    Starts Proceed Investment Corp (8979.T) is a residential real estate investment trust listed on the Tokyo Stock Exchange. The company operates within the residential REITs industry, generating revenue primarily through rental income. Specific details regarding operating segments and geographic presence are not available.

    Classification92 %
    SectorReal Estate
    IndustryResidential REITs
    AI synthesis
    GENERATED

    Starts Proceed Investment Corp has a basic and diluted share count of 272,415, indicating no dilution from potential share issuance at this time. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company's valuation snapshot is currently unavailable, limiting the ability to assess its financial health through traditional metrics.

    Profitability and returns cannot be evaluated at this time, as the valuation snapshot and industry_config preferred metrics are not available. Without access to key financial ratios such as ROIC or EBITDA margins, it is not possible to compare the company's performance to industry medians or assess its competitive positioning.

    The company's segments and geographic exposure are not disclosed in the available data, making it difficult to evaluate revenue concentration or regional risk. This lack of transparency limits the ability to assess the company's diversification and exposure to local market conditions.

    Growth trajectory is also unclear, as the outlook for the current and next fiscal years is not provided. Analysts have issued a single "Hold" recommendation with no price target variance, suggesting a neutral stance on the stock. The absence of revenue history and forward-looking guidance further complicates the assessment of the company's growth potential.

    Risk factors include the inability to assess liquidity risk, which could impact the company's ability to meet short-term obligations. The dilution risk is currently low, as there is no difference between basic and diluted shares outstanding. However, the lack of balance-sheet data and going-concern language raises concerns about the company's financial stability and transparency.

    Recent events, including filings and transcripts, are not available in the provided data, limiting the ability to assess any material developments that may impact the company's operations or financial position.

    Key takeaways
    • The company has no dilution from potential share issuance, as basic and diluted shares are equal.
    • Analysts have issued a single "Hold" recommendation with no price target variance, indicating a neutral outlook.
    • Liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
    • Profitability and returns cannot be evaluated due to the unavailability of valuation snapshot and industry metrics.
    • The company's segments, geographic exposure, and growth trajectory are not disclosed in the available data.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2025-12-15
    FY 2025 · Full-year highlights

    Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 7.47B, −0,7% YoY; Operating income −3,5% YoY.

    RevenueUNKNOWN ERROR IN UNIVERSE PROCESSING 7.47B−0,7 % YoY
    Operating incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 3.30B−3,5 % YoY
    Net incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 2.59B−7,1 % YoY
    Free cash flow-UNKNOWN ERROR IN UNIVERSE PROCESSING 1.57B+66,2 % YoY
    EPS—
    Operating cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 6.49B−10,9 % YoY
    Financials
    Income statement
    RevenueUNKNOWN ERROR IN UNIVERSE PROCESSING 7.47B
    Gross profitUNKNOWN ERROR IN UNIVERSE PROCESSING 3.34B
    Operating incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 3.30B
    Net incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 2.59B
    Margins
    Gross margin44.7%
    Operating margin44.1%
    Net margin34.7%
    FCF margin-21.1%
    Balance sheet
    Total assetsUNKNOWN ERROR IN UNIVERSE PROCESSING 101.72B
    Total liabilitiesUNKNOWN ERROR IN UNIVERSE PROCESSING 55.01B
    Total equityUNKNOWN ERROR IN UNIVERSE PROCESSING 46.70B
    Cash & equivalentsUNKNOWN ERROR IN UNIVERSE PROCESSING 1.47B
    Long-term debtUNKNOWN ERROR IN UNIVERSE PROCESSING 53.25B
    Cash flow
    Operating cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 6.49B
    CapEx-UNKNOWN ERROR IN UNIVERSE PROCESSING 1.53B
    Free cash flow-UNKNOWN ERROR IN UNIVERSE PROCESSING 1.57B
    SBC—
    P&L flow · revenue → net income
    Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 7.47BOperating costs UNKNOWN ERROR IN UNIVERSE PROCESSING 4.17BTax UNKNOWN ERROR IN UNIVERSE PROCESSING 706.4MNet income UNKNOWN ERROR IN UNIVERSE PROCESSING 2.59B
    Highlights
    • ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 7.47B, −0,7% YoY
    • ▍Operating income −3,5% YoY
    • ▍Net income −7,1% YoY
    • ▍Free cash flow +66,2% YoY
    • ▍Net margin 34.7%

    Valuation FY

    Market price
    ¥184 900,00
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    SBC / revenueⓘ
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    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

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    8 654,00
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
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    no estimate
    Margin
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    no estimate
    Segment margin
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    no estimate
    as of 2026-05-07 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate8 654,00
    Revenue—no estimate—no estimate7,3B JPY
    Operating income—no estimate—no estimate—no estimate
    Full-year consensus mean (period as reported by source) · consensus in JPY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy0
    Hold1
    Sell0
    Strong sell0
    12-month price target¥215 000,00 · Median ¥215 000,00
    Low ¥215 000,00High ¥215 000,00
    EPS surprise
    +9,9 %
    reported vs consensus · beat
    Revenue surprise
    +2,9 %
    reported vs consensus · beat

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥215 000,00
    Mean¥215 000,00
    Median¥215 000,00
    High¥215 000,00
    Spot¥184 900,00
    +16.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    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
    Source documents
    • Starts Proceed Investment Corp Market data — financials · 2026-05-27
    • Starts Proceed Investment Corp Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    8979.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2025-12-15 12:30 UTCEARNINGSAnnual results — FY 2025 Revenue Unknown error in universe processing 7.47B · Net Unknown error in universe processing 2.59B
    2024-12-16 12:00 UTCEARNINGSAnnual results — FY 2024 Revenue Unknown error in universe processing 7.53B · Net Unknown error in universe processing 2.79B
    2023-12-15 11:30 UTCEARNINGSAnnual results — FY 2023 Revenue Unknown error in universe processing 7.21B · Net Unknown error in universe processing 2.63B
    2022-11-26 00:52 UTCEARNINGSAnnual results — FY 2022 Revenue Unknown error in universe processing 6.57B · Net Unknown error in universe processing 2.50B
    2021-12-15 11:30 UTCEARNINGSAnnual results — FY 2021 Revenue Unknown error in universe processing 6.34B · Net Unknown error in universe processing 2.34B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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