Daiwa House REIT Investment (TSE:8984) Shares Outstanding (EOP): 5 Mil (As of Feb. 2026)

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TSE:8984 Daiwa House REIT Investment Corp TSE:8984
64 GF Score
Price 円124,100.00
GF Value 円127,738.30
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Daiwa House REIT Investment Shares Outstanding (EOP)?

Daiwa House REIT Investment TSE:8984 +0.49% 64 Shares Outstanding (EOP) is 5 Mil as of Feb. 2026. GuruFocus rates TSE:8984 with a GF Score™ of 64/100 and a GF Value™ of 円127,738.30 (Fairly Valued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Daiwa House REIT Investment's shares outstanding for the quarter that ended in Feb. 2026 was 5 Mil.

Daiwa House REIT Investment's quarterly shares outstanding declined from Aug. 2025 (5 Mil) to Feb. 2026 (5 Mil). It means Daiwa House REIT Investment bought back shares from Aug. 2025 to Feb. 2026 .

Daiwa House REIT Investment's annual shares outstanding declined from Aug. 2024 (5 Mil) to Aug. 2025 (5 Mil). It means Daiwa House REIT Investment bought back shares from Aug. 2024 to Aug. 2025 .


Daiwa House REIT Investment  (TSE:8984) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Daiwa House REIT Investment Shares Outstanding (EOP) Related Terms


Daiwa House REIT Investment Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Daiwa House REIT Investment's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daiwa House REIT Investment Shares Outstanding (EOP) Chart

Daiwa House REIT Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 4.64 4.64 4.62 4.59

Daiwa House REIT Investment Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.64 4.62 4.59 4.59 4.54

TSE:8984 vs VICI, WPC: Shares Outstanding (EOP) Comparison

For the REIT - Diversified subindustry, Daiwa House REIT Investment's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daiwa House REIT Investment Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, Daiwa House REIT Investment's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Daiwa House REIT Investment's Shares Outstanding (EOP) falls into.


TSE:8984
64GF Score
Daiwa House REIT Investment Corp TSE:8984
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa House REIT Investment Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 5 Mil mean?
Daiwa House REIT Investment (TSE:8984) has a Shares Outstanding (EOP) of 5 Mil as of Feb. 2026. The total shares a company has outstanding, at period-end. View historical data on Daiwa House REIT Investment and its competitors.
Is Daiwa House REIT Investment's Shares Outstanding (EOP) too high?
Daiwa House REIT Investment's current Shares Outstanding (EOP) is 5 Mil. Overall, Daiwa House REIT Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's Shares Outstanding (EOP) compare to VICI and WPC?
Daiwa House REIT Investment's Shares Outstanding (EOP) of 5 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Daiwa House REIT Investment and its competitors. Daiwa House REIT Investment's current Shares Outstanding (EOP) is 5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円127,738.30, compared to a current price of 円124,100.00 — trading 2.8% below its estimated fair value. The current Shares Outstanding (EOP) is 5 Mil. Daiwa House REIT Investment's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Daiwa House REIT Investment (TSE:8984), the current Shares Outstanding (EOP) is 5 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued. The current stock price of 円124,100.00 is trading 2.8% below its estimated GF Value™ of 円127,738.30. GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.

Key valuation signals for TSE:8984:

  • Shares Outstanding (EOP): 5 Mil
  • GF Value™: 円127,738.30 vs. price of 円124,100.00 (2.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa House REIT Investment Business Description

Industry Real EstateREITs
Address 2-4-8, Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
64GF Score

Get the complete analysis for TSE:8984

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円124,100.00
Price
円127,738.30
GF Value