LAND Co., Ltd.

TSE:8918 Stock Report

Market Cap: JP¥15.4b

LAND Past Earnings Performance

Past criteria checks 1/6

LAND has been growing earnings at an average annual rate of 32.6%, while the Real Estate industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 6% per year. LAND's return on equity is 4.8%, and it has net margins of 14.8%.

Key information

32.65%

Earnings growth rate

32.12%

EPS growth rate

Real Estate Industry Growth5.95%
Revenue growth rate5.97%
Return on equity4.83%
Net Margin14.77%
Last Earnings Update28 Feb 2026

Recent past performance updates

Analysis Article • Apr 16

Weak Statutory Earnings May Not Tell The Whole Story For LAND (TSE:8918)

LAND Co., Ltd.'s ( TSE:8918 ) recent weak earnings report didn't cause a big stock movement. We think that investors...

Recent updates

Analysis Article • Apr 16

Weak Statutory Earnings May Not Tell The Whole Story For LAND (TSE:8918)

LAND Co., Ltd.'s ( TSE:8918 ) recent weak earnings report didn't cause a big stock movement. We think that investors...
Analysis Article • Nov 10

Revenues Not Telling The Story For LAND Co., Ltd. (TSE:8918)

When you see that almost half of the companies in the Real Estate industry in Japan have price-to-sales ratios (or...
Analysis Article • Aug 27

These 4 Measures Indicate That LAND (TSE:8918) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 06

Here's Why LAND (TSE:8918) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Jun 27

There's Reason For Concern Over LAND Co., Ltd.'s (TSE:8918) Massive 29% Price Jump

The LAND Co., Ltd. ( TSE:8918 ) share price has done very well over the last month, posting an excellent gain of 29...
Analysis Article • Apr 20

We Think LAND's (TSE:8918) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that LAND Co., Ltd.'s ( TSE:8918 ) strong earnings didn't offer any...
Analysis Article • Feb 11

We Think LAND (TSE:8918) Can Manage Its Debt With Ease

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Nov 08

LAND Co., Ltd.'s (TSE:8918) Business Is Yet to Catch Up With Its Share Price

There wouldn't be many who think LAND Co., Ltd.'s ( TSE:8918 ) price-to-earnings (or "P/E") ratio of 13.1x is worth a...
Analysis Article • Oct 18

Shareholders Will Be Pleased With The Quality of LAND's (TSE:8918) Earnings

LAND Co., Ltd. ( TSE:8918 ) just reported healthy earnings but the stock price didn't move much. Investors are probably...
Analysis Article • Sep 25

Is LAND (TSE:8918) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jul 03

Revenues Tell The Story For LAND Co., Ltd. (TSE:8918) As Its Stock Soars 29%

LAND Co., Ltd. ( TSE:8918 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article • Jun 25

LAND (TSE:8918) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Apr 18

LAND's (TSE:8918) Anemic Earnings Might Be Worse Than You Think

The market rallied behind LAND Co., Ltd.'s ( TSE:8918 ) stock, leading do a rise in the share price after its recent...

Revenue & Expenses Breakdown

How LAND makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8918 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Feb 263,0074445940
30 Nov 251,017225420
31 Aug 252,2311195790
31 May 255,1868956370
28 Feb 255,0928746300
30 Nov 246,0991,1117420
31 Aug 244,7979117110
31 May 241,8881366330
29 Feb 242,1012406340
30 Nov 23939-4375600
31 Aug 233,3624085810
31 May 233,3143005870
28 Feb 234,1021,2765770
30 Nov 224,3991,4416380
31 Aug 221,9555615860
31 May 221,9755665820
28 Feb 223,0261,6704640
30 Nov 213,261-6774470
31 Aug 213,178-6764520
31 May 213,164-6744390
28 Feb 211,141-2,7895520
30 Nov 20906-3756220
31 Aug 201,5251376250
31 May 202,8141,3626150
29 Feb 202,8781,3196420
30 Nov 192,4241,1595880
31 Aug 192,2417946190
31 May 191,134-4476640
28 Feb 192,2444216580
30 Nov 183,5281,2335720
31 Aug 183,6771,1555300
31 May 183,4241,2024810
28 Feb 184,3721,2034340
30 Nov 175,7501,6104160
31 Aug 176,0381,5514120
31 May 176,0361,5793800
28 Feb 174,3318643700
30 Nov 162,239-9195910
31 Aug 161,500-8855480
31 May 161,408-9315460
29 Feb 16852-9955250
30 Nov 15232-2163010
31 Aug 1524-2343170

Quality Earnings: 8918 has a high level of non-cash earnings.

Growing Profit Margin: 8918's current net profit margins (14.8%) are lower than last year (17.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8918 has become profitable over the past 5 years, growing earnings by 32.6% per year.

Accelerating Growth: 8918's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8918 had negative earnings growth (-49.2%) over the past year, making it difficult to compare to the Real Estate industry average (11.2%).

Return on Equity

High ROE: 8918's Return on Equity (4.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 01:50
End of Day Share Price 2026/06/12 00:00
Earnings2026/02/28
Annual Earnings2026/02/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LAND Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyoko HiranakaCitigroup Inc