Japan Prime Realty Investment (TSE:8955) EBIT : 円16,398 Mil (TTM As of Jun. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Japan Prime Realty Investment EBIT?

Japan Prime Realty Investment's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was 円8,312 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円16,398 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Japan Prime Realty Investment's annualized ROC % for the quarter that ended in Jun. 2024 was 3.22%. Japan Prime Realty Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Japan Prime Realty Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.12%.

Japan Prime Realty Investment EBIT Historical Data

The historical data trend for Japan Prime Realty Investment's EBIT 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.

* Premium members only.

Japan Prime Realty Investment EBIT Chart

Japan Prime Realty Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

15,623.32

16,525.96

17,411.28

18,519.85

16,908.06

Japan Prime Realty Investment Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															9,318.31	9,201.54	8,822.02	8,086.04	8,311.55

Competitive Comparison of Japan Prime Realty Investment's EBIT

For the REIT - Diversified subindustry, Japan Prime Realty Investment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Japan Prime Realty Investment's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Prime Realty Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Japan Prime Realty Investment's EV-to-EBIT falls into.

Japan Prime Realty Investment EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円16,398 Mil.

Japan Prime Realty Investment (TSE:8955) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Japan Prime Realty Investment's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	16709.296 * ( 1 - 0.01% )	/	( (496040.171	+	543122.827)	/ 2 )
=	16707.6250704	/	519581.499
=	3.22 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	510802.543	-	4580.678	-	( 27775.89	-	max(0, 30511.391	-	40693.085	+	27775.89	))
=	496040.171

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	536871.456	-	4601.334	-	( 24118.071	-	max(0, 48563.533	-	37710.828	+	24118.071	))
=	543122.827

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Japan Prime Realty Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	16623.102	/	( ( (456562.143 + max(5405.804, 0))	+	(485614.92 + max(6029.224, 0)) )	/	2 )
=	16623.102	/	( ( 461967.947	+	491644.144 )	/	2 )
=	16623.102	/	476806.0455
=	3.49 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(718.302	+	0	+	12198.893)	-	(4580.678	+	0	+	2930.713)
=	5405.804

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(712.213	+	0	+	12880.544)	-	(4601.334	+	0	+	2962.199)
=	6029.224

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Japan Prime Realty Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	16397.59	/	526376.067
	=	3.12 %

Japan Prime Realty Investment EBIT Related Terms

Thank you for viewing the detailed overview of Japan Prime Realty Investment's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Japan Prime Realty Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Prime Realty Investment Corp (TSE:8955) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-16 Yaesu, 1-Chome, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.jpr-reit.co.jp

Japan Prime Realty Investment Corporation, or JPR, is a Japanese real estate investment trust primarily involved in the ownership of properties in the Greater Tokyo region. Most of JPR's real estate portfolio is comprised of office buildings, with retail properties making up the rest of the company's holdings. The vast majority of JPR's assets are in the Tokyo metropolitan area, which are mostly concentrated in Central Tokyo. The company generates nearly all of its revenue through collecting funds from investors, investing that money into real estate properties, and then collecting rental income from those properties. Its collection of tenants is fairly evenly distributed among service, information and communication, manufacturing, finance, retail, and real estate companies.

Japan Prime Realty Investment Headlines

No Headlines