Frontier Real Estate Investment Corp


Frontier Real Estate Investment Corp

FinancialsGeneral Financial
  • Price (JPY)479,500.00
  • Today's Change8,000.00 / 1.70%
  • Shares traded2.52k
  • 1 Year change9.35%
  • Beta0.2722
Data delayed at least 20 minutes, as of Nov 15 2019 06:00 GMT.
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Profile data is unavailable for this security.

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)20.90bn
  • Net income in JPY9.77bn
  • Incorporated2004
  • Employees21.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
8964:TYO since
Mitsui Fudosan Co Ltd-Property Portfolio(3)Deal completed18 Mar 201918 Mar 2019Deal completed3.23%201.80m
Data delayed at least 20 minutes, as of Nov 15 2019 06:00 GMT.

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)
Invesco Office J-Reit Inc16.97bn7.34bn174.34bn--23.071.5419.0310.28849.06849.061,963.7112,723.600.0798--28.67--3.45--3.93--60.51--43.24----8.220.5245--18.15--19.13------
TKP Corp42.19bn2.04bn178.28bn1.31k76.3213.0854.924.2361.3861.381,266.89358.250.5524--15.1932,276,210.002.69--4.96--39.05--4.87----17.680.7475--23.82---8.59------
Kenedix Residential Next Investment Corp15.96bn7.34bn183.58bn--24.421.5518.2211.508,285.278,285.2718,016.04130,629.900.0681--489.62--
MCUBS MidCity Investment Corp21.08bn9.62bn189.12bn--19.671.3315.558.975,851.685,851.6812,828.0186,463.320.077--121.24--3.511.973.842.1864.5543.0845.6230.72--9.290.449497.1119.7411.7949.7941.9951.2524.85
Tokyu Reit Inc14.89bn5.89bn192.20bn--32.651.6924.3612.916,021.526,021.5215,231.57116,302.200.068--110.29--2.692.432.892.6161.5959.2239.5335.92--7.120.448198.665.220.379913.833.45-16.903.45
Premier Investment Corporation19.06bn7.83bn200.45bn--25.591.6018.8710.525,946.495,946.4914,473.3194,937.030.0771--158.20--3.172.643.463.0561.2462.3241.0938.27--10.310.468798.896.948.058.5512.993.175.92
Nippon Reit Investment Corp17.44bn8.17bn211.47bn--25.881.6221.1012.1218,161.8818,161.8838,793.43290,853.500.0696--194.18--3.262.953.653.2868.0864.8646.8245.92--7.230.4923100.0318.0255.9517.71113.98-1.1471.97
Comforia Residential Investment Corp16.78bn6.62bn218.20bn--31.561.8523.8813.0010,788.2910,788.2927,340.87184,024.800.0721--2,030.51--2.842.713.052.9263.8664.6139.4638.43--7.520.511697.818.2320.1912.8718.35-10.464.11
Japan Excellent, Inc.21.33bn7.29bn229.54bn--31.501.6020.6010.765,581.075,581.0716,332.96110,149.500.0747--56.31--2.552.352.752.5758.8558.1934.1731.87--6.570.4682100.49-2.464.18-3.135.24-16.272.51
Frontier Real Estate Investment Corp.20.90bn9.77bn244.71bn21.0023.941.5417.6711.7119,692.2819,692.2842,132.39305,336.300.072--138.431,044,883,000.003.363.653.613.8869.4373.6546.7448.47--19.960.429390.042.200.95241.521.96-14.871.96
MORI TRUST Sogo Reit, Inc.17.59bn9.65bn246.84bn--25.591.5420.2714.037,307.827,307.8213,326.99121,137.800.0536--323.75--2.943.103.313.5875.0673.2954.8352.16--11.420.492298.11-14.500.4309-18.521.06-26.21-0.5942
Hulic Reit Inc18.08bn8.76bn258.99bn--27.641.4824.2514.327,141.577,141.5714,733.14133,625.800.0589--255.25--2.852.963.093.1367.7069.6148.4550.20--8.490.4672101.5411.03--6.08------
Aeon Reit Investment Corp32.69bn10.82bn268.07bn--23.511.2813.628.206,086.586,086.5818,391.11111,437.100.0902------2.982.613.192.7339.4139.7333.1029.21--7.970.431108.152.2126.241.6928.42-43.5414.20
Industrial & Infras. Fund Inv. Corp.20.41bn9.81bn294.40bn--28.692.0823.3914.425,719.215,719.2111,898.1879,081.140.0677--67.96--3.25--3.35--71.69--48.09----6.560.5246--9.36--12.89------
Mori Hills REIT Investment Corporation18.99bn10.64bn318.74bn--29.961.6324.9616.795,674.255,674.2510,127.80104,181.900.0503--46.22--2.822.693.052.8874.2676.8056.0356.14--13.200.478599.5810.0810.7412.2612.997.286.34
Nippon Accommodations Fund Inc.23.55bn10.35bn319.30bn--30.842.2622.2013.5621,366.8921,366.8948,600.93291,791.300.0788--16.87--3.462.893.823.1567.8866.6343.9639.38--12.320.522298.937.443.9616.518.22-11.955.92
Data as of Nov 15 2019. Currency figures normalised to Frontier Real Estate Investment Corp's reporting currency: Japanese Yen JPY

Institutional shareholders

25.64%Per cent of shares held by top holders
HolderShares% Held
Asset Management One Co., Ltd.as of 15 Nov 201823.88k4.60%
Daiwa Asset Management Co. Ltd.as of 31 Oct 201917.25k3.32%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.as of 26 Aug 201916.98k3.27%
Nomura Asset Management Co., Ltd.as of 06 Sep 201915.39k2.97%
BlackRock Fund Advisorsas of 31 May 201814.25k2.75%
Nikko Asset Management Co., Ltd.as of 14 Dec 201813.88k2.67%
Sumitomo Mitsui Trust Asset Management Co., Ltd.as of 14 Dec 201812.90k2.49%
Norinchukin Zenkyoren Asset Management Co., Ltd.as of 30 Sep 20196.41k1.23%
Shinkin Asset Management Co., Ltd.as of 20 Mar 20196.32k1.22%
Dimensional Fund Advisors LPas of 30 Sep 20195.83k1.12%
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Data from 20 Mar 2019 - 30 Sep 2019Source: FactSet Research Systems Inc.
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