Tosei Reit Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 9, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	2020 - 2016
Market Capitalization	53,795	55,038	47,509	49,696	49,598	44,674	Upgrade
Market Cap Growth	14.14%	15.85%	-4.40%	0.20%	11.02%	26.52%	Upgrade
Enterprise Value	95,437	95,619	88,451	89,027	88,505	80,496	Upgrade
Last Close Price	142900.00	146200.00	119344.60	122018.91	116298.11	105432.80	Upgrade
PE Ratio	18.60	19.02	16.95	18.53	19.07	17.32	Upgrade
PS Ratio	7.25	7.42	6.56	7.10	7.36	6.91	Upgrade
PB Ratio	1.25	1.28	1.11	1.20	1.22	1.18	Upgrade
P/OCF Ratio	13.42	13.73	12.07	13.51	13.30	10.11	Upgrade
EV/Sales Ratio	12.86	12.89	12.22	12.71	13.13	12.45	Upgrade
EV/EBITDA Ratio	21.16	21.20	20.30	21.45	21.95	20.41	Upgrade
EV/EBIT Ratio	26.83	26.88	25.77	27.08	27.65	25.27	Upgrade
Debt / Equity Ratio	1.01	1.01	1.00	1.00	1.00	1.02	Upgrade
Debt / EBITDA Ratio	9.64	9.64	9.84	9.95	10.14	9.76	Upgrade
Net Debt / Equity Ratio	0.97	0.97	0.95	0.94	0.95	0.95	Upgrade
Net Debt / EBITDA Ratio	9.23	9.23	9.37	9.38	9.59	9.09	Upgrade
Asset Turnover	0.08	0.08	0.08	0.08	0.08	0.08	Upgrade
Quick Ratio	0.18	0.18	0.23	0.34	0.31	0.43	Upgrade
Current Ratio	0.84	0.84	0.95	1.22	1.15	1.36	Upgrade
Return on Equity (ROE)	6.73%	6.73%	6.65%	6.53%	6.61%	6.81%	Upgrade
Return on Assets (ROA)	2.46%	2.46%	2.43%	2.38%	2.42%	2.54%	Upgrade
Return on Invested Capital (ROIC)	4.11%	4.13%	4.08%	4.00%	4.05%	4.20%	Upgrade
Earnings Yield	5.38%	5.26%	5.90%	5.40%	5.24%	5.77%	Upgrade
Payout Ratio	98.51%	98.51%	97.68%	98.66%	97.12%	98.26%	Upgrade
Buyback Yield / Dilution	-100675.51%	-0.78%	-3.03%	-1.14%	-5.28%	-0.80%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.