MORI TRUST REIT, Inc.

TSE:8961 Stock Report

Market Cap: JP¥279.8b

MORI TRUST REIT Past Earnings Performance

Past criteria checks 2/6

MORI TRUST REIT has been growing earnings at an average annual rate of 9.5%, while the REITs industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 8.2% per year. MORI TRUST REIT's return on equity is 5.7%, and it has net margins of 58.9%.

Key information

9.50%

Earnings growth rate

0.84%

EPS growth rate

REITs Industry Growth5.90%
Revenue growth rate8.19%
Return on equity5.74%
Net Margin58.94%
Last Earnings Update31 Aug 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How MORI TRUST REIT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8961 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 2522,83313,4581200
31 May 2522,54713,5521130
28 Feb 2522,91613,6451220
30 Nov 2423,04613,8391210
31 Aug 2421,79614,0331040
31 May 2421,43614,2191140
29 Feb 2422,45514,4051400
28 Feb 2313,8887,5771120
30 Sep 2212,5457,869980
30 Jun 2213,6958,7241050
31 Mar 2214,8459,5791110
31 Dec 2115,7029,8681130
30 Sep 2117,99210,1561250
30 Jun 2117,83210,1651140
31 Mar 2117,67210,1741040
31 Dec 2017,71210,1141030
30 Sep 2017,75210,0541020
30 Jun 2017,7279,9741070
31 Mar 2017,7019,8941120
31 Dec 1917,6529,8161150
30 Sep 1917,6039,7371300
30 Jun 1917,5979,6921230
31 Mar 1917,5929,6461160
31 Dec 1817,5499,6191160
30 Sep 1817,5069,5921170
30 Jun 1818,90010,7141200
31 Mar 1820,29311,8351240
31 Dec 1720,38511,8041250
30 Sep 1720,47611,7721260
30 Jun 1719,00210,5451220
31 Mar 1717,5289,3181180
31 Dec 1617,3739,196470
30 Sep 1617,2189,074-240
30 Jun 1619,3769,990-120
31 Mar 1621,53410,90600
31 Dec 1523,83311,450800
30 Sep 1526,13111,9941590
30 Jun 1524,11711,1281540
31 Mar 1522,10210,2611490
31 Dec 1419,9189,7531460

Quality Earnings: 8961 has high quality earnings.

Growing Profit Margin: 8961's current net profit margins (58.9%) are lower than last year (64.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8961's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: 8961's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8961 had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the REITs industry average (13.1%).

Return on Equity

High ROE: 8961's Return on Equity (5.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/28 13:52
End of Day Share Price 2025/10/28 00:00
Earnings2025/08/31
Annual Earnings2025/02/28

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

MORI TRUST REIT, Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junichi TazawaBarclays
Toshiyuki AnegawaBofA Global Research
Yoshizumi KimuraCitigroup Inc