Tosei Reit Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 22, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Market Capitalization	48,563	55,038	47,509	49,696	49,598	44,674
Market Cap Growth	0.55%	15.85%	-4.40%	0.20%	11.02%	26.52%
Enterprise Value	90,061	95,619	88,451	89,027	88,505	80,496
Last Close Price	129000.00	142214.02	116090.80	118692.20	113127.38	102558.29
PE Ratio	16.54	19.02	16.95	18.53	19.07	17.32
PS Ratio	6.48	7.42	6.56	7.10	7.36	6.91
PB Ratio	1.13	1.28	1.11	1.20	1.22	1.18
P/OCF Ratio	11.79	13.73	12.07	13.51	13.30	10.11
EV/Sales Ratio	12.03	12.89	12.22	12.71	13.13	12.45
EV/EBITDA Ratio	19.57	21.20	20.30	21.45	21.95	20.41
EV/EBIT Ratio	24.82	26.88	25.77	27.08	27.65	25.27
Debt / Equity Ratio	1.01	1.01	1.00	1.00	1.00	1.02
Debt / EBITDA Ratio	9.45	9.64	9.84	9.95	10.14	9.76
Net Debt / Equity Ratio	0.96	0.97	0.95	0.94	0.95	0.95
Net Debt / EBITDA Ratio	9.02	9.23	9.37	9.38	9.59	9.09
Asset Turnover	-	0.08	0.08	0.08	0.08	0.08
Quick Ratio	0.20	0.18	0.23	0.34	0.31	0.43
Current Ratio	0.87	0.84	0.95	1.22	1.15	1.36
Return on Equity (ROE)	-	6.73%	6.65%	6.53%	6.61%	6.81%
Return on Assets (ROA)	-	2.46%	2.43%	2.38%	2.42%	2.54%
Return on Invested Capital (ROIC)	4.19%	4.13%	4.08%	4.00%	4.05%	4.20%
Earnings Yield	6.05%	5.26%	5.90%	5.40%	5.24%	5.77%
Payout Ratio	98.54%	98.51%	97.68%	98.66%	97.12%	98.26%
Buyback Yield / Dilution	-	-0.78%	-3.03%	-1.14%	-5.28%	-0.80%