Sumitomo Realty & Development Co (TSE:8830) Scaled Net Operating Assets : 0.88 (As of Dec. 2023)

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What is Sumitomo Realty & Development Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sumitomo Realty & Development Co's operating assets for the quarter that ended in Dec. 2023 was 円6,370,953 Mil. Sumitomo Realty & Development Co's operating liabilities for the quarter that ended in Dec. 2023 was 円580,188 Mil. Sumitomo Realty & Development Co's Total Assets for the quarter that ended in Sep. 2023 was 円6,550,878 Mil. Therefore, Sumitomo Realty & Development Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.88.

Sumitomo Realty & Development Co Scaled Net Operating Assets Historical Data

The historical data trend for Sumitomo Realty & Development Co's Scaled Net Operating Assets 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.

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Sumitomo Realty & Development Co Scaled Net Operating Assets Chart

Sumitomo Realty & Development Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

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0.85

0.89

0.92

0.89

0.96

Sumitomo Realty & Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.90	0.93	0.89	0.88	0.88

Competitive Comparison of Sumitomo Realty & Development Co's Scaled Net Operating Assets

For the Real Estate Services subindustry, Sumitomo Realty & Development Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Sumitomo Realty & Development Co's Scaled Net Operating Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Scaled Net Operating Assets falls into.

Sumitomo Realty & Development Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sumitomo Realty & Development Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(6180317	-	628046)	/	5806040
=	0.96

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	6365436	-	185119
=	6180317

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4566067	-	3435299	-	502722
=	628046

Sumitomo Realty & Development Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(6370953	-	580188)	/	6550878
=	0.88

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	6585120	-	214167
=	6370953

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4602994	-	3338641	-	684165
=	580188

Sumitomo Realty & Development Co Scaled Net Operating Assets Related Terms

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Sumitomo Realty & Development Co (TSE:8830) Business Description

Industry

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Traded in Other Exchanges

SURDF:USA

Address

Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820

Website

http://www.sumitomo-rd.co.jp

Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

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