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Daiwa Office Investment (TSE:8976) 10-Year ROIIC % : 5.89% (As of Nov. 2022)


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What is Daiwa Office Investment 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Daiwa Office Investment's 10-Year ROIIC % for the quarter that ended in Nov. 2022 was 5.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Daiwa Office Investment's 10-Year ROIIC % or its related term are showing as below:

TSE:8976's 10-Year ROIIC % is ranked better than
76.04% of 576 companies
in the REITs industry
Industry Median: 3.42 vs TSE:8976: 5.89

Daiwa Office Investment 10-Year ROIIC % Historical Data

The historical data trend for Daiwa Office Investment's 10-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daiwa Office Investment 10-Year ROIIC % Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.69 4.70 6.63 5.89

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.63 - 5.89 - -

Competitive Comparison of Daiwa Office Investment's 10-Year ROIIC %

For the REIT - Office subindustry, Daiwa Office Investment's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daiwa Office Investment's 10-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Daiwa Office Investment's 10-Year ROIIC % falls into.



Daiwa Office Investment 10-Year ROIIC % Calculation

Daiwa Office Investment's 10-Year ROIIC % for the quarter that ended in Nov. 2022 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 15004.1714256 (Nov. 2022) - 6234.3382668 (Nov. 2012) )/( 487015.922 (Nov. 2022) - 338037.341 (Nov. 2012) )
=8769.8331588/148978.581
=5.89%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Daiwa Office Investment  (TSE:8976) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Daiwa Office Investment 10-Year ROIIC % Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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