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← CockpitCompetitor Analysis › 8968.T Fukuoka Reit CorporationOpen in the cockpit ↗

Fukuoka Reit Corporation8968.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Real Estate Investment Trusts
Momentum neutral 45
Mkt cap
$929M
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$1.58M
20-day average traded
Fwd P/E
18.6×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
160 days
15 Apr 2027
Close · JPY¥167,900
1D-1.9%
1W+0.6%
1M+0.6%
3M-5.1%
6M-6.9%
YTD-10.8%
1Y-12.3%
ATR %1.6%
52w lowhigh13.4% off high

What Fukuoka Reit does

No business profile yet.

Fukuoka Reit at a glance

Size Fukuoka Reit (8968.T) is a Japan Real Estate company (Real Estate Investment Trusts) with a market value of $929M, the 763rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥167,900 on 6 Nov 2026.

Performance Over six months the shares fell 6.9%, against -11.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue fell 2.7% over the last twelve months (peer median +3.9%); the operating margin is 39.8% (peer median 50.1%).

Valuation It trades at 18.6× forward earnings against a peer median of 13.5× (3rd most expensive of 15).

Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).

Relative performance

909510011 May 202611 Aug 20266 Nov 20268968.T 94Peer median 89
Six months, rebased to 100: Fukuoka Reit against the median of its 20 peers (local-currency closes).

Fukuoka Reit financials

Reported figures in JPY; fiscal year ends 2026-08-31. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue¥22.5B¥22.5B¥23.1B¥19.7B¥19.7B
Revenue growth—-3%+17%0%—
Gross profit¥9.31B¥9.31B¥9.34B¥7.41B¥6.86B
EBITDA¥12.4B¥12.4B¥12.2B¥10.3B¥9.63B
Net income¥7.94B¥7.94B¥8.02B¥6.25B¥5.84B
Free cash flow¥7.04B¥7.04B-¥7.59B-¥7.57B¥3.47B
Capital expenditure¥3.63B¥3.63B¥16.5B¥16.2B¥5.16B
Total debtn/a¥96.3B¥96.3B¥96.3B¥86.5B

Quarterly statements and history in the cockpit →

Fukuoka Reit 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

-20%-10%0%0%+10%ESRTDGTWKP3481ORCO5RUNTDUWHACSR3468SEBP40UH13PSTLOPGVITL-UN3296INNINDUSINVIT8968.T6-month return →1-month return →
Up and to the right = strong over both horizons. Fukuoka Reit is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%0×50×100×150×DGTWKP3481ORCO5RUNTDUWHA3468PSTL32968968.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fukuoka Reit is the large dot.

Fukuoka Reit competitors and peer comparison

How Fukuoka Reit 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.

Fukuoka Reit against its 20 peers (data as of 6 Nov 2026)
Measure8968.TPeer medianRank in peer set
1-month return+0.6%-0.7%7th highest of 21
6-month return-6.9%-11.4%6th highest of 21
Distance from 52-week high-13.4%-21.1%4th highest of 21
Revenue growth (TTM)-2.7%+3.9%6th lowest of 21
Operating margin39.8%50.1%7th lowest of 21
Forward P/E18.6×13.5×3rd most expensive of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Fukuoka Reit 8968.TJapan$929M-7%-3%40%18.6×n/an/a
Empire State Realty Trust ESRTUnited States$919M-7%+2%16%n/an/an/a
Digico Infrastructure REIT DGT.AXAustralia$941M-10%+90%-4%16.1×n/an/a
Workspace WKP.LUnited Kingdom$913M+8%-2%51%15.1×n/an/a
Mitsubishi Estate Logistics REIT Investment 3481.TJapan$952M-17%-4%46%18.6×n/an/a
Orchid Island Capital ORCUnited States$953M-30%+83%64%4.9×n/an/a
Aims Apac REIT O5RU.SISingapore$904M-10%+6%65%12.6×n/an/a
Ntt Dc REIT NTDU.SISingapore$955M-9%-8%9%166.0×n/an/a
Wereldhave WHA.ASNetherlands$956M-15%+10%64%10.1×n/an/a
Centerspace CSRUnited States$963M-15%+15%42%n/an/an/a
Star Asia Investment 3468.TJapan$895M-7%+17%41%14.3×n/an/a
Stoneweg Europe Stapled Trust SEB.SISingapore$889M-12%-2%57%9.4×n/an/a
Starhill Global Real Estate Investment Trust P40U.SISingapore$884M-13%0%68%11.4×n/an/a
Ho Bee Land H13.SISingapore$978M-13%+5%52%11.4×n/an/a
Postal Realty Trust PSTLUnited States$863M-5%+22%38%30.8×n/an/a
Cpi Fim OPG.WAPoland$1.00B-16%-35%62%n/an/an/a
CapitaLand China Trust AU8U.SISingapore$860M-7%-10%59%12.8×n/an/a
Vital Infrastructure Property Trust VITL-UN.TOCanada$853M-15%-28%50%n/an/an/a
NIPPON REIT Investment 3296.TJapan$852M-18%+42%26%14.5×n/an/a
Summit Hotel Properties INNUnited States$845M+27%+2%10%n/an/an/a
Indus Infra Trust INDUSINVIT.NSIndia$842M+3%+41%74%n/an/an/a

Questions

Which companies are Fukuoka Reit's closest peers?
The cockpit's peer set: Empire State Realty Trust (ESRT), Digico Infrastructure REIT (DGT.AX), Workspace (WKP.L), Mitsubishi Estate Logistics REIT Investment (3481.T), Orchid Island Capital (ORC), Aims Apac REIT (O5RU.SI), Ntt Dc REIT (NTDU.SI), Wereldhave (WHA.AS).
Is Fukuoka Reit expensive compared with its peers?
On forward p/e it trades at 18.6× against a peer median of 13.5×, 3rd most expensive of 15 in its peer set.
How has Fukuoka Reit stock performed?
Over six months to 6 Nov 2026 the shares returned -6.9% against -11.4% for the median peer; over one year -12.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.