Frontier Real Estate Investment Corp


Frontier Real Estate Investment Corp

FinancialsGeneral Financial
  • Price (JPY)478,000.00
  • Today's Change1,500.00 / 0.31%
  • Shares traded1.16k
  • 1 Year change+37.36%
  • Beta0.7727
Data delayed at least 20 minutes, as of Sep 21 2021 07:00 BST.
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About the company

Frontier Real Estate Investment Corporation is a real estate investment trust (REIT) company. The Fund aims at stable earnings and steady asset growth from mid-term to long-term perspectives. It mainly invests in commercial facilities located in suburbs and store buildings in the metropolitan areas, as well as trust beneficiary right of real estate. The Fund invests in properties located in the Tokyo metropolitan area and other regional cities. Its properties included AEON MALL NAGOYADOME-mae, AEON Style Shinagawa Side, You Me Town Hiroshima, AEON Ibaraki Shopping Center, Mitsui Outlet Park Iruma, Mitsui Shopping Park LaLaport IWATA, AEON Hadano Shopping Center, Joyfultown Okayama, among others. The asset manager of the Fund is Mitsui Fudosan Frontier REIT Management Inc.

  • Revenue in JPY (TTM)21.61bn
  • Net income in JPY10.83bn
  • Incorporated2004
  • Employees22.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
8964:TYO since
Mitsui Fudosan Co Ltd-Property Portfolios(2)Deal completed21 Jun 202121 Jun 2021Deal completed-6.46%107.18m
Data delayed at least 20 minutes, as of Sep 21 2021 07:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Japan Excellent, Inc.21.61bn8.27bn189.42bn--22.921.2422.008.766,109.536,109.5315,973.08112,590.800.0736--69.36--2.812.532.972.7461.4459.3738.2533.43--7.700.451999.6410.212.5467.118.89-16.153.35
Nippon Reit Investment Corp19.54bn10.30bn198.19bn--19.241.5117.4610.1422,896.6822,896.6843,424.39292,030.000.0715--174.76--3.773.194.073.5371.6968.3052.7348.08--5.560.5023100.0212.988.0126.3811.74-15.898.69
Invesco Office J-Reit Inc17.62bn7.34bn200.00bn--27.491.7727.0611.35826.62826.621,983.1412,815.000.0694--41.56--2.892.863.383.2359.0959.3341.6841.22--8.730.524100.003.2320.103.8623.60-39.504.81
MORI TRUST Sogo Reit, Inc.17.67bn10.17bn202.36bn--19.891.2617.5711.457,707.257,707.2513,388.24121,348.500.0536--359.40--
NTT UD REIT Investment Corp20.94bn9.15bn202.95bn--22.181.6121.979.696,947.366,947.3615,899.3695,985.380.082--63.43--3.582.943.803.2262.7161.6743.7040.14--12.400.500298.61-2.603.80-4.095.12-23.295.38
Mitsubishi Estate Logstcs REIT Invt Corp7.55bn3.73bn203.39bn--45.741.8254.3226.9511,369.2611,369.2623,085.82285,970.100.0553--301.68--2.73--2.82--73.91--49.40----24.400.3233--30.24--37.97------
Kenedix Residential Next Investment Corp17.58bn7.78bn225.17bn--28.241.6724.0012.818,007.288,007.2818,112.01135,777.800.0621--175.88--2.753.082.963.3270.1670.3944.2547.34--8.220.520796.476.9210.734.8112.1920.775.38
Hulic Reit Inc21.76bn10.52bn239.75bn--22.101.3022.6111.028,018.128,018.1216,587.06136,595.000.0606--123.36--2.932.873.133.0768.5168.6848.3449.40--8.700.4865100.0111.9018.2010.9016.18-5.044.74
Comforia Residential Reit Inc20.34bn8.84bn243.24bn--27.131.7923.6611.9612,935.9412,935.9429,807.71195,803.200.0737--2,274.15--3.202.853.533.0966.4063.9543.4739.53--8.720.510796.8014.1311.9224.7514.70-0.68645.03
Daiwa Securities Living Investment Corp22.13bn10.59bn253.01bn--23.271.6117.8211.435,101.015,101.0110,639.5673,874.260.0787--95.10--3.772.894.043.2068.4867.5147.8539.62--8.140.521795.9019.095.7843.9812.5424.394.24
Invincible Investment Corporation12.15bn-2.98bn253.02bn----1.0397.6120.83-488.12-488.121,992.3140,203.430.0239--15.73---0.58673.63-0.6964.0372.0886.29-24.5054.91---0.27530.504183.38-61.358.44-96.81-27.55-19.77-33.45
Frontier Real Estate Investment Corp.21.61bn10.83bn257.79bn22.0022.481.5318.4711.9321,194.9621,194.9642,299.86311,494.200.0699--111.47982,068,100.003.503.553.653.7552.8452.3750.1148.88--22.590.4204101.731.901.526.962.77-14.552.17
Mori Hills REIT Investment Corporation19.66bn11.16bn293.01bn--26.211.4623.8814.905,833.185,833.1810,278.97104,793.400.0493--82.14--2.802.752.962.9273.8074.3156.7555.98--14.270.481199.632.236.302.935.79-25.522.81
Aeon Reit Investment Corp35.40bn11.83bn299.51bn--23.191.3018.128.466,317.516,317.5118,895.93112,587.900.0917------
Nippon Accommodations Fund Inc.23.08bn9.76bn325.75bn--32.382.1625.6114.1119,982.8219,982.8247,256.02299,965.700.0745--15.27--
Kenedix Office Investment Corp33.02bn14.33bn329.52bn--23.001.4321.779.9833,433.2233,433.2277,047.43539,034.500.073--123.82--3.172.633.432.8365.2961.1143.3937.65--8.540.462596.535.782.7912.176.87-2.836.58
Data as of Sep 21 2021. Currency figures normalised to Frontier Real Estate Investment Corp's reporting currency: Japanese Yen JPY

Institutional shareholders

29.55%Per cent of shares held by top holders
HolderShares% Held
Asset Management One Co., Ltd.as of 31 Aug 202123.32k4.31%
Nomura Asset Management Co., Ltd.as of 15 Jul 202122.50k4.16%
Daiwa Asset Management Co. Ltd.as of 31 Aug 202121.99k4.07%
Sumitomo Mitsui Trust Asset Management Co., Ltd.as of 14 May 202120.38k3.77%
BlackRock Fund Advisorsas of 15 Apr 202114.01k2.59%
Nikko Asset Management Co., Ltd.as of 14 May 202113.75k2.54%
The Vanguard Group, Inc.as of 03 Sep 202113.49k2.49%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.as of 02 Sep 202110.75k1.99%
Nissay Asset Management Corp.as of 12 May 202110.13k1.87%
BlackRock Japan Co., Ltd.as of 15 Apr 20219.54k1.76%
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Data from 29 Jun 2021 - 30 Jun 2021Source: FactSet Research Systems Inc.
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