Who are Tokyu Fudosan Holdings Corporat's main competitors?

Named competitors: Mitsubishi Estate (8802.T), Mitsui Fudosan (8801.T), Nomura Real Estate Holdings (3231.T). The cockpit's measured peer set (industry) also includes Shanghai Zhangjiang Hi-Tech Park Development (600895.SS), Godrej Properties (GODREJPROP.NS), Castellum (CAST.ST), China Vanke (000002.SZ), Tsim Sha Tsui Properties (0247.HK), UOL (U14.SI).

Is Tokyu Fudosan Holdings Corporat expensive compared with its peers?

On forward p/e it trades at 8.6× against a peer median of 14.0×, 2nd cheapest of 18 in its peer set.

How has Tokyu Fudosan Holdings Corporat stock performed?

Over six months to 6 Nov 2026 the shares returned -6.8% against -8.6% for the median peer; over one year +2.3%.

← CockpitCompetitor Analysis › 3289.T Tokyu Fudosan Holdings CorporatOpen in the cockpit ↗

Tokyu Fudosan Holdings Corporat3289.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Real Estate Development

Real estate development arm of the Tokyu Group, developing offices, condos and urban redevelopment projects.

≈ A smaller Mitsui Fudosan/Related CompaniesMomentum neutral 52

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$5.69B

US dollars, full cap

Free float

75%

of shares outstanding

$/day

$24.8M

20-day average traded

Fwd P/E

8.6×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · JPY¥1,247

1D-6.3%

1W+3.0%

1M+5.0%

3M-3.7%

6M-6.8%

YTD-11.0%

1Y+2.3%

ATR %2.7%

52w lowhigh20.4% off high

What Tokyu Fudosan Holdings Corporat does

Real estate development arm of the Tokyu Group, developing offices, condos and urban redevelopment projects.

Earns rent from offices and commercial buildings it develops and keeps, and profits from selling condominiums; recurring fees come from managing buildings and from home-resale brokerage under the Tokyu Livable name. Projects cluster in Tokyo around the Tokyu railway lines, including Shibuya redevelopment.

In one line: A smaller Mitsui Fudosan/Related Companies.

Products and services

Office building development
Condominium development
Urban redevelopment projects

Customers

Corporate office tenants
Condo buyers

Where it sits in the supply chain

Real estate
Real estate development
Office, residential, urban…

What could go right

Tokyo urban redevelopment demand

What could go wrong

Interest rate sensitivity on real estate

Moat: narrow (scale, distribution). Tokyu Group land holdings along its rail lines feed a steady development pipeline.

Headquarters: Tokyo, Japan · Founded: 1953 · Employees: 21,036

Named competitors

Tokyu Fudosan Holdings Corporat at a glance

Size Tokyu Fudosan Holdings Corporat (3289.T) is a Japan Real Estate company (Real Estate Development) with a market value of $5.69B, the 218th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,247 on 6 Nov 2026.

Performance Over six months the shares fell 6.8%, against -8.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 6.2% over the last twelve months (peer median +5.7%); the operating margin is 13.8% (peer median 29.7%).

Valuation It trades at 8.6× forward earnings against a peer median of 14.0× (2nd cheapest of 18).

Relative performance

Six months, rebased to 100: Tokyu Fudosan Holdings Corporat against the median of its 20 peers (local-currency closes).

Tokyu Fudosan Holdings Corporat financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥1.24T	¥1.25T	¥1.15T	¥1.10T	¥1.01T
Revenue growth	—	+8%	+4%	+10%	—
Gross profit	¥295B	¥285B	¥245B	¥216B	¥197B
EBITDA	¥247B	¥241B	¥197B	¥170B	¥160B
Net income	¥91.6B	¥96.7B	¥77.6B	¥68.5B	¥48.2B
Free cash flow	n/a	¥27.5B	-¥23.1B	-¥88.8B	¥10.1B
Capital expenditure	n/a	¥102B	¥70.5B	¥245B	¥84.6B
Total debt	¥1.92T	¥1.85T	¥1.77T	¥1.61T	¥1.50T

Quarterly statements and history in the cockpit →

Tokyu Fudosan Holdings Corporat competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Tokyu Fudosan Holdings Corporat is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tokyu Fudosan Holdings Corporat is the large dot.

Tokyu Fudosan Holdings Corporat competitors and peer comparison

Head to head with its named competitors (3289.T vs 8802.T vs 8801.T vs 3231.T)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Tokyu Fudosan Holdings Corporat 3289.T	$5.69B	-7%	+6%	14%	8.6×	n/a
Mitsubishi Estate 8802.T	$29.5B	-12%	+17%	21%	19.2×	n/a
Mitsui Fudosan 8801.T	$27.4B	-5%	-10%	14%	14.9×	n/a
Nomura Real Estate 3231.T	$5.17B	-12%	+19%	14%	8.8×	n/a

How Tokyu Fudosan Holdings Corporat compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tokyu Fudosan Holdings Corporat against its 20 peers (data as of 6 Nov 2026)
Measure	3289.T	Peer median	Rank in peer set
1-month return	+5.0%	+4.5%	10th highest of 21
6-month return	-6.8%	-8.6%	10th highest of 21
Distance from 52-week high	-20.4%	-24.9%	9th highest of 21
Revenue growth (TTM)	+6.2%	+5.7%	11th highest of 21
Operating margin	13.8%	29.7%	5th lowest of 21
Forward P/E	8.6×	14.0×	2nd cheapest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Tokyu Fudosan Holdings Corporat 3289.T	Japan	$5.69B	-7%	+6%	14%	8.6×	n/a	n/a
Shanghai Zhangjiang Hi-Tech Park Development 600895.SS	China	$5.71B	-33%	+89%	26%	36.4×	n/a	n/a
Godrej Properties GODREJPROP.NS	India	$5.77B	-4%	+17%	21%	24.5×	n/a	n/a
Castellum CAST.ST	Sweden	$5.94B	+10%	-3%	67%	16.1×	n/a	n/a
China Vanke 000002.SZ	China	$5.36B	-17%	-32%	-24%	n/a	n/a	n/a
Tsim Sha Tsui Properties 0247.HK	Hong Kong	$5.24B	-20%	+15%	34%	n/a	n/a	n/a
UOL U14.SI	Singapore	$5.23B	-23%	+2%	25%	13.8×	n/a	n/a
Nomura Real Estate 3231.T	Japan	$5.17B	-12%	+19%	14%	8.8×	n/a	n/a
City Developments C09.SI	Singapore	$5.13B	-11%	+36%	14%	14.1×	n/a	n/a
NEPI Rockcastle NRP.AS	Netherlands	$6.34B	+9%	+20%	62%	12.1×	n/a	n/a
Fastighets AB Balder BALD-B.ST	Sweden	$6.43B	-2%	+4%	66%	12.2×	n/a	n/a
FirstService FSV.TO	Canada	$6.46B	+18%	+3%	6%	23.6×	n/a	n/a
Oberoi Realty OBEROIRLTY.NS	India	$6.66B	+4%	+16%	57%	20.0×	n/a	n/a
Shanghai Lujiazui Finance & Trade Zone Development 600663.SS	China	$4.81B	-10%	-21%	21%	14.0×	n/a	n/a
Cpi Property O5G.DE	Germany	$6.85B	-1%	-8%	41%	n/a	n/a	n/a
AB Sagax SAGA-A.ST	Sweden	$6.96B	+5%	+5%	78%	15.7×	n/a	n/a
Howard Hughes HHH	United States	$4.64B	+18%	+32%	15%	29.6×	n/a	n/a
Deutsche Wohnen DWNI.DE	Germany	$7.05B	-20%	0%	48%	11.0×	n/a	n/a
Daito Trust Construction 1878.T	Japan	$7.10B	-7%	+6%	7%	9.7×	n/a	n/a
Hang Lung Ppt 0101.HK	Hong Kong	$4.40B	-29%	+10%	53%	11.8×	n/a	n/a
LEG Immobilien LEG.DE	Germany	$4.39B	-11%	+1%	34%	8.1×	n/a	n/a

Questions

Who are Tokyu Fudosan Holdings Corporat's main competitors?: Named competitors: Mitsubishi Estate (8802.T), Mitsui Fudosan (8801.T), Nomura Real Estate Holdings (3231.T). The cockpit's measured peer set (industry) also includes Shanghai Zhangjiang Hi-Tech Park Development (600895.SS), Godrej Properties (GODREJPROP.NS), Castellum (CAST.ST), China Vanke (000002.SZ), Tsim Sha Tsui Properties (0247.HK), UOL (U14.SI).
Is Tokyu Fudosan Holdings Corporat expensive compared with its peers?: On forward p/e it trades at 8.6× against a peer median of 14.0×, 2nd cheapest of 18 in its peer set.
How has Tokyu Fudosan Holdings Corporat stock performed?: Over six months to 6 Nov 2026 the shares returned -6.8% against -8.6% for the median peer; over one year +2.3%.