Japan Real Estate Investment (TSE:8952) Net Margin %: 43.84% (As of Mar. 2026) — Near Median


TSE:8952 Japan Real Estate Investment Corp TSE:8952
64 GF Score
Price 円118,000.00
GF Value 円111,805.74
Valuation Fairly Valued
! 6 Warning Signs
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What is Japan Real Estate Investment Net Margin %?

Japan Real Estate Investment TSE:8952 +1.72% 64 Net Margin % is 43.84% as of Mar. 2026, which is 0% above its 10-year median of 43.70. GuruFocus rates TSE:8952 with a GF Score™ of 64/100 and a GF Value™ of 円111,805.74 (Fairly Valued). The stock has 6 warning signs investors should review. Among 928 REITs companies, Japan Real Estate Investment ranks worse than 51.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Japan Real Estate Investment's Net Income for the six months ended in Mar. 2026 was 円18,606 Mil. Japan Real Estate Investment's Revenue for the six months ended in Mar. 2026 was 円42,444 Mil. Therefore, Japan Real Estate Investment's net margin for the quarter that ended in Mar. 2026 was 43.84%.

The historical rank and industry rank for Japan Real Estate Investment's Net Margin % or its related term are showing as below:

TSE:8952' s Net Margin % Range Over the Past 10 Years
Min: 35.36   Med: 43.7   Max: 45.13
Current: 43.59


TSE:8952's Net Margin % is ranked worse than
51.72% of 928 companies
in the REITs industry
Industry Median: 44.95 vs TSE:8952: 43.59

Japan Real Estate Investment  (TSE:8952) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Japan Real Estate Investment Net Margin % Related Terms


Japan Real Estate Investment Net Margin % Historical Data

* Premium members only.

The historical data trend for Japan Real Estate Investment's Net Margin % 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.

Japan Real Estate Investment Net Margin % Chart

Japan Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.13 44.31 43.75 44.62 43.65

Japan Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % 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 45.00 44.25 43.96 43.33 43.84

TSE:8952 vs BXP, ARE, VNO: Net Margin % Comparison

For the REIT - Office subindustry, Japan Real Estate Investment's Net Margin %, along with its competitors' market caps and Net Margin % 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 Real Estate Investment Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Japan Real Estate Investment's Net Margin % distribution charts can be found below:

* The bar in red indicates where Japan Real Estate Investment's Net Margin % falls into.


TSE:8952
64GF Score
Japan Real Estate Investment Corp TSE:8952
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Real Estate Investment Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Japan Real Estate Investment's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=36669.162/84001.515
=43.65 %

Japan Real Estate Investment's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=18605.745/42443.961
=43.84 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 43.84% mean?
Japan Real Estate Investment (TSE:8952) has a Net Margin % of 43.84% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Japan Real Estate Investment and its competitors. This is near median its historical median of 43.70. Over the past decade, Japan Real Estate Investment's Net Margin % has ranged from 35.36 to 45.13. According to the industry distribution chart, Japan Real Estate Investment ranks #480 out of 928 companies in the REITs industry, placing it in the top 51.7%.
Is Japan Real Estate Investment's Net Margin % too high?
Japan Real Estate Investment's current Net Margin % of 43.84% is near median its 10-year median of 43.70. Over the past 10 years, this metric has ranged from a low of 35.36 to a high of 45.13. The REITs industry median Net Margin % is 44.95. Japan Real Estate Investment's value of 43.84% is 2.5% below this industry median. Based on the distribution chart, Japan Real Estate Investment ranks #480 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Real Estate 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 Japan Real Estate Investment's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Real Estate Investment ranks #480 out of 928 companies for Net Margin %. This places Japan Real Estate Investment in the lower half of its industry. The industry median Net Margin % is 44.95. Japan Real Estate Investment's value of 43.84% is 2.5% below this benchmark. Historically, Japan Real Estate Investment's own Net Margin % has ranged from 35.36 to 45.13 over the past decade. While the company's 10-year median is 43.70 vs. the industry median of 44.95, Japan Real Estate Investment has consistently been below 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Real Estate Investment's current Net Margin % of 43.84% is 2.5% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Japan Real Estate Investment and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Real Estate Investment's current Net Margin % is 43.84%, which is near median its own 10-year median of 43.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (TSE:8952) is currently considered Fairly Valued. The stock's GF Value™ is 円111,805.74, compared to a current price of 円118,000.00 — trading 5.5% above its estimated fair value. The current Net Margin % is 43.84%, which is near median its 10-year median of 43.70 and 2.5% below the REITs industry median of 44.95. Japan Real Estate Investment's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Japan Real Estate Investment (TSE:8952), the current Net Margin % is 43.84% as of Mar. 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 Japan Real Estate Investment (TSE:8952) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued. The current stock price of 円118,000.00 is trading 5.5% above its estimated GF Value™ of 円111,805.74. GuruFocus considers Japan Real Estate Investment to be Fairly Valued.

Key valuation signals for TSE:8952:

  • Net Margin %: 43.84% (near median its 10-year median of 43.70)
  • GF Value™: 円111,805.74 vs. price of 円118,000.00 (5.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 2.5% below the REITs median (#480 of 928)

No single metric tells the full story. See the TSE:8952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Real Estate Investment Business Description

Industry Real EstateREITs
Other Exchanges JUA:Germany
Address OTEMACHI Park Building 1-1-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
64GF Score

Get the complete analysis for TSE:8952

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

円118,000.00
Price
円111,805.74
GF Value