Tokyo TatemonoTokyo Tatemono Co., Ltd.8804東証プライム不動産業FY ending Dec 2025, consolidated, J-GAAP

Tokyo Tatemono FY ending Dec 2025 results

About 46% of Tokyo Tatemono's sales come from Commercial properties, with Residential and Asset service making up much of the rest.

Out of every ¥100 of sales, about ¥20 is left as operating profit.

Revenue changed +2.3% from the prior year, operating profit +20.2%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +2.3% · profit +20.2%, calculated from disclosed figures.

Operating leverage: 8.62× (profit growth ÷ revenue growth)

FY ending Dec 2024 → FY ending Dec 2025

Revenue for the FY ending Dec 2025 was ¥474.6B, up +2.3% from ¥463.7B.
Operating income grew much faster, rising +20.2% from ¥79.7B to ¥95.8B.
Net income attributable to owners, however, dropped -10.6% to ¥58.9B.
Operating cash flow improved to ¥32.1B, but capital spending was larger, so free cash flow stayed negative at -¥26.6B.

The commercial properties business booked sales of buildings to investors, such as Grand Front Osaka, while office leasing and facility operations held up well
Residential revenue and profit fell because a large condominium project had been booked in the prior year
Net income declined partly because the prior year included gains from selling cross-held shares

Higher interest rates could weigh on profits and on the value of the properties it owns
A sharp rise in construction and other costs that cannot be passed on through rents or sale prices could cut margins
A sudden downturn in the economy or property market could reduce office demand, condo buying, and investor appetite

Annual securities report (FY ending Dec 2025) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (FY ending Dec 2025) / 事業等のリスク

FY ending Dec 2024 → FY ending Dec 2025

※ Cost of revenue is not disclosed; expenses are combined

For every ¥100 Tokyo Tatemono sells, how much goes where, and how much is kept.

FY ending Dec 2025

Operating margin20.2%

Net margin12.4%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2025

Commercial properties¥220.2B
46%
Op. margin 30.5%Industry: Real Estate Development & Leasing
Residential¥165.1B
35%
Op. margin 15.5%Industry: Condominium Developers
Asset service¥63.5B
13%
Op. margin 18.1%Industry: Real Estate Brokerage & Management
Other¥25.8B
5%
Op. margin 16.2%

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第208期(2025/01/01－2025/12/31)
ID S100XSKF2026-03-23Open
EDINET (FSA Japan)
有価証券報告書－第207期(2024/01/01－2024/12/31)
ID S100VH0G2025-03-26Open
EDINET (FSA Japan)
有価証券報告書－第206期(2023/01/01－2023/12/31)
ID S100T4LA2024-03-27Open
EDINET (FSA Japan)
有価証券報告書－第205期(2022/01/01－2022/12/31)
ID S100QGZE2023-03-29Open
EDINET (FSA Japan)
有価証券報告書－第204期(令和3年1月1日－令和3年12月31日)
ID S100NRHB2022-03-29Open
EDINET (FSA Japan)
有価証券報告書－第203期(令和2年1月1日－令和2年12月31日)
ID S100L0MS2021-03-25Open

Extracted from XBRL: 51 / Derived from other figures: 2

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