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Sumitomo Realty & Development Co (FRA:RL2) 10-Year ROIIC % : 3.15% (As of Mar. 2024)


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What is Sumitomo Realty & Development Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Sumitomo Realty & Development Co's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 3.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sumitomo Realty & Development Co's 10-Year ROIIC % or its related term are showing as below:

FRA:RL2's 10-Year ROIIC % is ranked better than
59.42% of 1678 companies
in the Real Estate industry
Industry Median: 1.745 vs FRA:RL2: 3.15

Sumitomo Realty & Development Co 10-Year ROIIC % Historical Data

The historical data trend for Sumitomo Realty & Development Co's 10-Year ROIIC % 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.

Sumitomo Realty & Development Co 10-Year ROIIC % Chart

Sumitomo Realty & Development Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 2.47 4.55 3.40 3.15

Sumitomo Realty & Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-Year ROIIC % 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 3.40 - - - 3.15

Competitive Comparison of Sumitomo Realty & Development Co's 10-Year ROIIC %

For the Real Estate Services subindustry, Sumitomo Realty & Development Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


Sumitomo Realty & Development Co's 10-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's 10-Year ROIIC % falls into.



Sumitomo Realty & Development Co 10-Year ROIIC % Calculation

Sumitomo Realty & Development Co's 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1094.072958 (Mar. 2024) - 714.1201496 (Mar. 2014) )/( 39881.372 (Mar. 2024) - 28619.213 (Mar. 2014) )
=379.9528084/11262.159
=3.37%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Sumitomo Realty & Development Co  (FRA:RL2) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Sumitomo Realty & Development Co 10-Year ROIIC % Related Terms

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Sumitomo Realty & Development Co (FRA:RL2) Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co (FRA:RL2) Headlines

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