Daiwa Office Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jan '26 Jan 22, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021	2016 - 2020
Market Capitalization	351,797	285,071	266,103	277,390	335,358	379,732	Upgrade
Market Cap Growth	28.44%	7.13%	-4.07%	-17.29%	-11.69%	22.74%	Upgrade
Enterprise Value	540,772	475,070	444,197	460,381	507,446	552,590	Upgrade
Last Close Price	373000.00	295283.98	260318.13	259558.68	297454.74	320298.07	Upgrade
PE Ratio	24.31	20.20	21.45	20.38	23.46	25.88	Upgrade
PS Ratio	11.25	9.37	9.78	9.58	11.83	12.70	Upgrade
PB Ratio	1.45	1.17	1.08	1.12	1.34	1.50	Upgrade
P/OCF Ratio	14.47	12.48	16.75	11.94	13.54	15.93	Upgrade
EV/Sales Ratio	17.30	15.62	16.32	15.91	17.90	18.48	Upgrade
EV/EBITDA Ratio	26.65	24.09	25.77	25.13	26.88	28.33	Upgrade
EV/EBIT Ratio	32.74	29.89	32.62	31.26	33.22	34.86	Upgrade
Debt / Equity Ratio	0.90	0.90	0.87	0.84	0.82	0.80	Upgrade
Debt / EBITDA Ratio	10.74	11.13	12.44	11.34	10.90	10.44	Upgrade
Asset Turnover	-	0.06	0.06	0.06	0.06	0.06	Upgrade
Quick Ratio	1.04	1.18	0.73	0.95	0.66	1.13	Upgrade
Current Ratio	1.21	1.34	0.74	0.96	0.77	1.14	Upgrade
Return on Equity (ROE)	-	5.74%	5.01%	5.46%	5.67%	5.77%	Upgrade
Return on Assets (ROA)	-	2.03%	1.75%	1.91%	1.97%	2.04%	Upgrade
Return on Invested Capital (ROIC)	3.59%	3.43%	2.97%	3.23%	3.34%	3.46%	Upgrade
Earnings Yield	4.11%	4.95%	4.66%	4.91%	4.26%	3.86%	Upgrade
Dividend Yield	3.69%	-	5.26%	5.28%	-	4.34%	Upgrade
Payout Ratio	90.50%	92.81%	105.63%	97.77%	95.61%	91.87%	Upgrade
Buyback Yield / Dilution	1.19%	0.94%	-	1.72%	0.86%	0.21%	Upgrade
Total Shareholder Return	4.88%	0.94%	5.26%	7.00%	0.86%	4.55%	Upgrade

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.