Tokyu REIT Ratios and Metrics

Market cap in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 25, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Market Capitalization	194,774	192,489	148,302	183,887	190,241	199,528
Market Cap Growth	16.92%	29.80%	-19.35%	-3.34%	-4.66%	54.39%
Enterprise Value	291,508	296,086	245,961	285,957	279,150	298,954
Last Close Price	202600.00	193080.41	142255.58	168379.41	167393.56	168329.32
PE Ratio	19.46	20.08	16.19	16.50	16.67	26.17
PS Ratio	9.65	10.88	9.55	12.79	14.00	12.54
PB Ratio	1.56	1.56	1.19	1.50	1.59	1.73
P/OCF Ratio	9.79	9.90	10.76	9.41	3.58	16.96
EV/Sales Ratio	14.45	16.74	15.84	19.89	20.55	18.79
EV/EBITDA Ratio	22.46	27.77	27.85	35.91	38.43	30.57
EV/EBIT Ratio	26.53	34.16	35.49	46.53	50.86	38.54
Debt / Equity Ratio	0.84	0.86	0.90	0.85	0.78	0.91
Debt / EBITDA Ratio	8.13	9.99	12.63	13.12	12.80	10.80
Net Debt / Equity Ratio	0.77	0.83	0.89	0.81	0.75	0.91
Net Debt / EBITDA Ratio	7.45	9.64	12.50	12.42	12.38	10.70
Asset Turnover	0.08	0.07	0.06	0.06	0.06	0.07
Quick Ratio	0.47	0.28	0.07	0.41	0.28	0.04
Current Ratio	0.66	0.50	0.24	0.59	0.45	0.10
Return on Equity (ROE)	8.03%	7.72%	7.40%	9.20%	9.71%	-
Return on Assets (ROA)	2.79%	2.19%	1.76%	1.65%	1.49%	-
Return on Invested Capital (ROIC)	4.77%	3.72%	2.99%	2.79%	2.53%	3.62%
Earnings Yield	5.16%	4.98%	6.18%	6.06%	6.00%	3.82%
Dividend Yield	3.89%	-	5.31%	4.63%	4.75%	4.38%
Payout Ratio	77.11%	79.52%	80.02%	70.55%	64.85%	93.73%
Buyback Yield / Dilution	1.17%	0.34%	-	-	-	-
Total Shareholder Return	5.13%	0.34%	5.31%	4.63%	4.75%	4.38%

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.