Daiwa Office Investment (TSE:8976) EBIT: 円16,232 Mil (TTM As of Nov. 2025)

Daiwa Office Investment  (TSE:8976) EBIT Explanation

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

Daiwa Office Investment's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

where

Note: The Operating Income data used here is two times the semi-annual (Nov. 2025) data.

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

Daiwa Office Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

where Working Capital is:

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2025) EBIT data.

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

Daiwa Office Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

* 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 EBIT Related Terms

The historical data trend for Daiwa Office 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.

Daiwa Office Investment EBIT Chart

Daiwa Office Investment Annual Data
	Trend	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23	Nov24
EBIT		Get a 7-Day Free Trial					14,781.50	15,213.62	14,834.67	14,120.76	14,503.30

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
EBIT	Get a 7-Day Free Trial															6,592.12	6,695.96	7,807.35	7,785.86	8,445.86

TSE:8976 vs BXP, ARE, VNO: EBIT Comparison

For the REIT - Office subindustry, Daiwa Office 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.

Daiwa Office Investment EV-to-EBIT vs REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's EV-to-EBIT falls into.

Daiwa Office 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円16,232 Mil.

* 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 Business Description