Tokyu Fudosan
Tokyu Fudosan Holdings Corporation, together with its subsidiaries, engages in the real estate business in Japan and internationally. The company operates through four segments: Urban Development, Strategic Investment, Property Management & Operation, and Real Estate Agents. The Urban Development segment develops and operates office buildings, commercial facilities, condominiums, and other facili… Read more
Tokyu Fudosan (T8F) - Net Assets
Latest net assets as of September 2025: €869.92 Billion EUR
Based on the latest financial reports, Tokyu Fudosan (T8F) has net assets worth €869.92 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.34 Trillion) and total liabilities (€2.47 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €869.92 Billion |
| % of Total Assets | 26.01% |
| Annual Growth Rate | 7.8% |
| 5-Year Change | 38.57% |
| 10-Year Change | 99.7% |
| Growth Volatility | 4.29 |
Tokyu Fudosan - Net Assets Trend (2014–2025)
This chart illustrates how Tokyu Fudosan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tokyu Fudosan (2014–2025)
The table below shows the annual net assets of Tokyu Fudosan from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €843.50 Billion | +9.28% |
| 2024-03-31 | €771.90 Billion | +10.16% |
| 2023-03-31 | €700.70 Billion | +8.92% |
| 2022-03-31 | €643.30 Billion | +5.68% |
| 2021-03-31 | €608.72 Billion | +2.44% |
| 2020-03-31 | €594.25 Billion | +4.49% |
| 2019-03-31 | €568.70 Billion | +19.64% |
| 2018-03-31 | €475.35 Billion | +6.51% |
| 2017-03-31 | €446.31 Billion | +5.66% |
| 2016-03-31 | €422.38 Billion | +6.05% |
| 2015-03-31 | €398.28 Billion | +7.86% |
| 2014-03-31 | €369.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tokyu Fudosan's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 184.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €493.59 Billion | 60.01% |
| Other Components | €328.93 Billion | 39.99% |
| Total Equity | €822.52 Billion | 100.00% |
Tokyu Fudosan Competitors by Market Cap
The table below lists competitors of Tokyu Fudosan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nibe Industrier AB Series B
LSE:0RH0
|
$4.41 Billion |
|
Suzhou Maxwell Technologies Co Ltd Class A
SHE:300751
|
$4.41 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$4.41 Billion |
|
SHENWAN HONGYUAN GR.H YC1
F:2X2A
|
$4.41 Billion |
|
Wharf Holdings Ltd
PINK:WARFY
|
$4.40 Billion |
|
Technology One Ltd
AU:TNE
|
$4.40 Billion |
|
Meritage Corporation
NYSE:MTH
|
$4.40 Billion |
|
Radian Group Inc
NYSE:RDN
|
$4.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tokyu Fudosan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 750,149,000,000 to 822,525,000,000, a change of 72,376,000,000 (9.6%).
- Net income of 77,562,000,000 contributed positively to equity growth.
- Dividend payments of 24,473,000,000 reduced retained earnings.
- Other factors increased equity by 19,287,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €77.56 Billion | +9.43% |
| Dividends Paid | €24.47 Billion | -2.98% |
| Other Changes | €19.29 Billion | +2.34% |
| Total Change | €- | 9.65% |
Book Value vs Market Value Analysis
This analysis compares Tokyu Fudosan's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €726.59 | €7.50 | x |
| 2018-03-31 | €768.85 | €7.50 | x |
| 2019-03-31 | €780.78 | €7.50 | x |
| 2020-03-31 | €811.04 | €7.50 | x |
| 2021-03-31 | €829.50 | €7.50 | x |
| 2022-03-31 | €878.32 | €7.50 | x |
| 2023-03-31 | €964.78 | €7.50 | x |
| 2024-03-31 | €1053.05 | €7.50 | x |
| 2025-03-31 | €1150.27 | €7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tokyu Fudosan utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.74%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.96x
- Recent ROE (9.43%) is above the historical average (6.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.51% | 3.32% | 0.40x | 4.91x | €-12.74 Billion |
| 2015 | 6.38% | 3.26% | 0.39x | 4.99x | €-14.30 Billion |
| 2016 | 6.86% | 3.52% | 0.41x | 4.74x | €-13.16 Billion |
| 2017 | 7.13% | 3.90% | 0.39x | 4.67x | €-12.71 Billion |
| 2018 | 7.52% | 4.06% | 0.40x | 4.65x | €-11.63 Billion |
| 2019 | 6.67% | 4.15% | 0.37x | 4.28x | €-18.68 Billion |
| 2020 | 6.62% | 4.01% | 0.39x | 4.26x | €-19.72 Billion |
| 2021 | 3.63% | 2.39% | 0.34x | 4.45x | €-38.00 Billion |
| 2022 | 5.56% | 3.55% | 0.38x | 4.17x | €-28.05 Billion |
| 2023 | 7.04% | 4.79% | 0.37x | 4.00x | €-20.24 Billion |
| 2024 | 9.14% | 6.21% | 0.36x | 4.04x | €-6.47 Billion |
| 2025 | 9.43% | 6.74% | 0.35x | 3.96x | €-4.69 Billion |
Industry Comparison
This section compares Tokyu Fudosan's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $4,975,886,106
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tokyu Fudosan (T8F) | €869.92 Billion | 6.51% | 2.84x | $4.41 Billion |
| Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag (0AP) | $62.29 Million | 26.34% | 1.01x | $42.85 Million |
| AS Pro Kapital Grupp (17E) | $83.43 Million | -2.32% | 0.56x | $25.15 Million |
| 9M00 (9M00) | $941.29 Million | 8.43% | 1.23x | $31.05 Million |
| John Mattson Fastighetsföretagen AB (publ) (AR5) | $6.03 Billion | 7.12% | 1.45x | $192.28 Million |
| Century City International Holdings Limited (CQA2) | $18.68 Billion | -0.85% | 1.25x | $7.23 Million |
| Diös Fastigheter AB (publ) (D1F) | $7.84 Billion | 17.07% | 1.69x | $618.11 Million |
| ATHOS IMMO (IJM.SG) (IJM) | $53.53 Million | 9.90% | 0.59x | $399.87K |
| OUE Limited (OUE1) | $6.12 Billion | 4.17% | 0.75x | $62.34 Million |