Daiwa Office Investment (TSE:8976) Buyback Yield %: 1.30 (As of Jul. 15, 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8976 Daiwa Office Investment Corp TSE:8976
62 GF Score
Price 円331,500.00
GF Value 円349,383.04
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Daiwa Office Investment Buyback Yield %?

Daiwa Office Investment TSE:8976 62 Buyback Yield % is 1.30 as of Jul. 15, 2026, which is 16% above its 10-year median of 1.12. GuruFocus rates TSE:8976 with a GF Score™ of 62/100 and a GF Value™ of 円349,383.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 350 REITs companies, Daiwa Office Investment ranks better than 76.29% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Daiwa Office Investment's current buyback yield was 1.30%.


Daiwa Office Investment Buyback Yield % Related Terms


Daiwa Office Investment Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Daiwa Office Investment's Buyback Yield % 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 Office Investment Buyback Yield % Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.16 0.00 1.06

Daiwa Office Investment Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Buyback Yield % 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 0.00 0.00 1.06 1.41 1.12

TSE:8976 vs BXP, ARE, VNO: Buyback Yield % Comparison

For the REIT - Office subindustry, Daiwa Office Investment's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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 Office Investment Buyback Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Daiwa Office Investment's Buyback Yield % falls into.


TSE:8976
62GF Score
Daiwa Office Investment Corp TSE:8976
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Office Investment Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Daiwa Office Investment's Buyback Yield for the fiscal year that ended in Nov. 2024 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-2999.763 + 0) / 283800
=1.06%

Daiwa Office Investment's annualized Buyback Yield for the quarter that ended in Nov. 2025 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-3999.739 + 0) / 356235
=1.12%

* 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.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 1.30 mean?
Daiwa Office Investment (TSE:8976) has a Buyback Yield % of 1.30 as of Jul. 15, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Daiwa Office Investment and its competitors. This is 16% above median its historical median of 1.12. Over the past decade, Daiwa Office Investment's Buyback Yield % has ranged from 1.06 to 2.16. According to the industry distribution chart, Daiwa Office Investment ranks #83 out of 350 companies in the REITs industry, placing it in the top 23.7%.
Is Daiwa Office Investment's Buyback Yield % too high?
Daiwa Office Investment's current Buyback Yield % of 1.30 is 16% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.16. The REITs industry median Buyback Yield % is 0.03. Daiwa Office Investment's value of 1.30 is 5100% above this industry median. Based on the distribution chart, Daiwa Office Investment ranks #83 out of 350 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa Office Investment has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Buyback Yield % compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #83 out of 350 companies for Buyback Yield %. This places Daiwa Office Investment in the top 24% of its industry — outperforming the majority of peers. The industry median Buyback Yield % is 0.03. Daiwa Office Investment's value of 1.30 is 5100% above this benchmark. Historically, Daiwa Office Investment's own Buyback Yield % has ranged from 1.06 to 2.16 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.03, Daiwa Office Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a REITs company?
The median Buyback Yield % among REITs companies is 0.03, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Office Investment's current Buyback Yield % of 1.30 is 5100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Daiwa Office Investment and its competitors. For the REITs industry, the median Buyback Yield % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Office Investment's current Buyback Yield % is 1.30, which is 16% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Fairly Valued. The stock's GF Value™ is 円349,383.04, compared to a current price of 円331,500.00 — trading 5.1% below its estimated fair value. The current Buyback Yield % is 1.30, which is 16% above median its 10-year median of 1.12 and 5100% above the REITs industry median of 0.03. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Daiwa Office Investment (TSE:8976), the current Buyback Yield % is 1.30 as of Jul. 15, 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 Office Investment (TSE:8976) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of 円331,500.00 is trading 5.1% below its estimated GF Value™ of 円349,383.04. GuruFocus considers Daiwa Office Investment to be Fairly Valued.

Key valuation signals for TSE:8976:

  • Buyback Yield %: 1.30 (16% above median its 10-year median of 1.12)
  • GF Value™: 円349,383.04 vs. price of 円331,500.00 (5.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 5100% above the REITs median (#83 of 350)

No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Office Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score

Get the complete analysis for TSE:8976

Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円331,500.00
Price
円349,383.04
GF Value