Equities

Frontier Real Estate Investment Corp

8964:TYO

Frontier Real Estate Investment Corp

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FinancialsGeneral Financial
  • Price (JPY)450,000.00
  • Today's Change0.00 / 0.00%
  • Shares traded1.44k
  • 1 Year change2.51%
  • Beta0.2741
Data delayed at least 20 minutes, as of Sep 20 2019 07:00 BST.
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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
  • Employees20.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
8964:TYO since
announced
Transaction
value
Mitsui Fudosan Co Ltd-Property Portfolio(3)Deal completed18 Mar 201918 Mar 2019Deal completed-3.12%201.80m
Data delayed at least 20 minutes, as of Sep 20 2019 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)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Ichigo Office Reit Investment Corp16.08bn6.71bn159.51bn--23.761.5418.939.924,381.254,381.2510,496.4467,783.360.0723--1,495.38--3.022.543.272.6951.9649.2541.7435.00--5.170.5110107.4812.1713.8737.1630.77-2.085.59
Japan Rental Housing Investments Inc16.51bn6.27bn163.02bn--25.991.5016.439.883,824.893,824.8910,065.2866,055.170.0727--71.75--2.762.643.082.9067.9867.1138.0036.30--6.140.5162100.93-2.706.89-2.239.9732.125.97
Mitsui Fudosan Logistics Park Inc8.25bn3.72bn169.60bn--38.551.5529.1820.5611,606.9511,606.9525,741.99288,349.500.0632--39.58--2.85--2.95--73.99--45.12----37.300.2998--42.78--41.59------
Kenedix Residential Next Investment Corp15.96bn7.34bn181.31bn--24.121.5317.9911.368,285.278,285.2718,016.04130,629.900.0681--489.62--3.133.193.403.4654.3653.3345.9946.93--8.510.51594.5424.8916.74-5.5318.89-9.534.85
Invesco Office J-Reit Inc16.97bn7.34bn184.93bn--24.471.6320.1810.90849.06849.061,963.7112,723.600.0798--28.67--3.45--3.93--60.51--43.24----8.220.5245--18.15--19.13------
MCUBS MidCity Investment Corp21.08bn9.62bn191.26bn--19.891.3515.739.075,851.685,851.6812,828.0186,463.320.077--121.24--3.511.973.842.1864.5543.0845.6230.72--9.290.449497.1119.7411.7949.7941.9951.2524.85
Nippon Reit Investment Corp17.44bn8.17bn198.42bn--24.281.5219.8011.3818,161.8818,161.8838,793.43290,853.500.0696--194.18--3.262.953.653.2868.0867.1146.8245.92--7.230.4923103.5818.0255.9517.71113.98-1.1471.97
Tokyu Reit Inc14.89bn5.89bn198.45bn--33.711.7525.1613.336,021.526,021.5215,231.57116,302.200.068--110.29--2.692.432.892.6161.5959.2239.5335.92--7.120.448198.665.220.379913.833.45-16.903.45
Premier Investment Corporation19.06bn7.83bn202.82bn--25.901.6219.0910.645,946.495,946.4914,473.3194,937.030.0771--158.20--3.172.643.463.0561.2462.3241.0938.27--10.310.468798.896.948.058.5512.993.175.92
Comforia Residential Investment Corp16.28bn6.36bn216.28bn--31.131.9224.6013.2910,842.8510,842.8527,729.90175,965.300.0757--2,616.10--2.962.683.232.8863.6065.8439.1038.62--7.420.52998.6211.1426.5818.6524.151.6919.26
Japan Excellent, Inc.21.33bn7.29bn223.80bn--30.711.5620.0810.495,581.075,581.0716,332.96110,149.500.0747--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.20.90bn9.77bn233.06bn20.0022.851.4716.8211.1519,692.2819,692.2842,132.39305,336.300.072--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
Hulic Reit Inc17.05bn8.44bn239.32bn--26.211.4323.3514.047,297.937,297.9314,736.04133,655.100.057--257.75--2.82--2.99--68.82--49.53----8.820.4549--18.14--18.28------
Aeon Reit Investment Corp32.53bn10.58bn257.33bn--23.131.2413.297.915,952.805,952.8018,303.33111,413.000.0897------2.922.563.122.6639.5268.6732.5228.12--7.740.431109.7420.16--14.87------
MORI TRUST Sogo Reit, Inc.17.59bn9.65bn259.91bn--26.941.6321.3414.777,307.827,307.8213,326.99121,137.800.0536--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
Industrial & Infras. Fund Inv. Corp.20.41bn9.81bn274.13bn--26.721.9321.7813.435,719.215,719.2111,898.1879,081.140.0677--67.96--3.25--3.35--71.69--48.09----6.560.5246--9.36--12.89------
Data as of Sep 20 2019. Currency figures normalised to Frontier Real Estate Investment Corp's reporting currency: Japanese Yen JPY

Institutional shareholders

27.26%Per cent of shares held by top holders
HolderShares% Held
Asset Management One Co., Ltd.as of 15 Nov 201823.88k4.82%
Daiwa Asset Management Co. Ltd.as of 30 Aug 201917.45k3.52%
Nomura Asset Management Co., Ltd.as of 28 Jun 201917.20k3.47%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.as of 26 Aug 201916.98k3.42%
BlackRock Fund Advisorsas of 31 May 201814.25k2.87%
Nikko Asset Management Co., Ltd.as of 14 Dec 201813.88k2.80%
Sumitomo Mitsui Trust Asset Management Co., Ltd.as of 14 Dec 201812.90k2.60%
Shinkin Asset Management Co., Ltd.as of 14 Feb 20196.35k1.28%
Norinchukin Zenkyoren Asset Management Co., Ltd.as of 29 Mar 20196.25k1.26%
Dimensional Fund Advisors LPas of 30 Jun 20196.05k1.22%
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Data from 14 Feb 2019 - 30 Jun 2019Source: FactSet Research Systems Inc.
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