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AEON REIT Investment Corp. (3292) AI Stock Analysis
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AEON REIT Investment Corp.
(TSE/TYO:3292)
The score is driven primarily by solid financial performance (strong margins and re-accelerating revenue), tempered by cash-flow volatility and only moderate balance-sheet/return profile. Technical indicators are a meaningful drag given weak momentum and price below key moving averages, while valuation is supported by the high dividend yield but constrained by a mid-range P/E.
AEON REIT Investment Corp. (3292) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 218.25B
- Dividend Yield
- 6.54%
- Average Volume (3M)
- 6,166
- Price to Earnings (P/E)
- 17.1
- Beta (1Y)
- 0.10
- Revenue Growth
- 0.88%
- EPS Growth
- -7.95%
- Country
- Japan
- Employees
- ―
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Diversified
AEON REIT Investment Corp. Business Overview & Revenue Model
Company Description
AEON REIT Investment Corporation channels its capital predominantly into retail and associated properties, recognizing their fundamental role as community cornerstones and vital commercial infrastructure. The corporation's objective is to secure cons...
How the Company Makes Money
AEON REIT Investment Corp. makes money primarily by generating rental-related income from the retail properties it owns. Its key revenue streams typically include (1) base rent paid by tenants under lease contracts, (2) variable rent components where...
AEON REIT Investment Corp. Financial Statement Overview
Summary
Strong profitability with consistently high net margins (~32–34%) and a sharp re-acceleration in revenue growth (~27% in 2026). Offsetting this, the balance sheet is only moderate (steady leverage ~0.76–0.77 and modest ROE ~5.5–5.7%) and cash flow quality is the main risk: free cash flow has been volatile and in 2026 covered only about half of net income.
Income Statement
78PositiveBalance Sheet
66PositiveCash Flow
57Neutral| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.88B | 42.88B | 42.35B | 42.22B | 41.00B | 40.05B |
| Gross Profit | 11.36B | 11.36B | 16.12B | 18.08B | 17.91B | 17.47B |
| EBITDA | 26.65B | 26.65B | 26.33B | 25.88B | 25.89B | 25.29B |
| Net Income | 13.90B | 13.90B | 13.46B | 13.59B | 13.77B | 13.55B |
Balance Sheet | ||||||
| Total Assets | 450.12B | 450.12B | 451.15B | 458.58B | 452.49B | 434.63B |
| Cash, Cash Equivalents and Short-Term Investments | 34.11B | 34.11B | 26.93B | 31.35B | 23.94B | 21.40B |
| Total Debt | 187.90B | 187.90B | 188.40B | 188.40B | 188.40B | 179.10B |
| Total Liabilities | 206.66B | 206.66B | 207.34B | 211.83B | 205.09B | 198.03B |
| Stockholders Equity | 243.46B | 243.46B | 243.81B | 246.75B | 247.39B | 236.61B |
Cash Flow | ||||||
| Free Cash Flow | 12.30B | 12.30B | 9.07B | 21.58B | -2.47B | -9.38B |
| Operating Cash Flow | 25.13B | 25.13B | 26.56B | 25.64B | 22.11B | 25.29B |
| Investing Cash Flow | -12.66B | -12.66B | -17.31B | -3.85B | -25.63B | -53.04B |
| Financing Cash Flow | -14.74B | -14.74B | -11.37B | -14.23B | 6.28B | 31.39B |
AEON REIT Investment Corp. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3292, the sentiment is Negative. The current price of 103800.00 is below the 20-day moving average (MA) of 105480.00, below the 50-day MA of 111820.00, and below the 200-day MA of 121623.36, indicating a bearish trend. The MACD of -2038.04 indicates Negative momentum. The RSI at 32.03 is Neutral, neither overbought nor oversold. The STOCH value of 26.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3292.
AEON REIT Investment Corp. Peers Comparison
Overall Rating
JP:895576.25Outperform
JP:329562Neutral- JP:329261Neutral
JP:323461Neutral
JP:329660Neutral
JP:895360Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:8955 | 76Outperform | JPY 368.80B | 19.13 | 6.67% | 4.67% | -13.45% | -0.93% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| JP:3295 | 62Neutral | JPY 195.26B | 16.53 | ― | 5.94% | 4.56% | -1.09% |
| JP:3292 | 61Neutral | JPY 218.25B | 17.06 | ― | 6.54% | 0.88% | -7.95% |
| JP:3234 | 61Neutral | JPY 216.51B | 18.20 | ― | 5.38% | -0.97% | -1.38% |
| JP:3296 | 60Neutral | JPY 135.63B | 10.29 | ― | 6.68% | 41.54% | 6.84% |
| JP:8953 | 60Neutral | JPY 758.84B | 17.10 | 6.79% | 5.70% | -0.16% | 11.44% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3292 | AEON REIT Investment Corp. | 103800.00 | -20015.69 | -16.17% | |
| JP:8955 | Japan Prime Realty Investment Corporation | 91100.00 | -9342.88 | -9.30% | |
| JP:8953 | Japan Retail Fund Investment Corporation | 105500.00 | -7822.63 | -6.90% | |
| JP:3234 | Mori Hills Reit Investment Corporation | 115200.00 | -24662.81 | -17.63% | |
| JP:3295 | Hulic Reit, Inc. | 135600.00 | -27668.90 | -16.95% | |
| JP:3296 | NIPPON REIT Investment Corp | 74100.00 | -18206.64 | -19.72% |
AEON REIT Investment Corp. Corporate Events
AEON REIT Secures ¥24.3bn in Long-Term Loans and Adds Green Financing
AEON REIT Investment Corporation has finalized the terms of a new series of unsecured long-term loans totaling approximately 24.3 billion yen with lending syndicates arranged mainly by Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mit...
AEON REIT to Refinance ¥24.3 Billion in Loans with New Green Funding
AEON REIT Investment Corporation is a Japanese real estate investment trust specializing in retail and commercial properties, including large shopping malls such as AEON MALL Morioka. Managed by AEON Reit Management Co., Ltd., it uses conventional an...
AEON REIT Sets Two-Year Rebuild Plan and Tightens Financial Strategy
AEON REIT Investment Corporation has outlined a two-year rebuilding period aimed at sustainable growth, centered on AEON MALL Kagoshima Bay and its broader portfolio. The company reviewed changes in the business environment since its IPO, identified...
AEON REIT Adjusts Payout Mix as Lower Expenses Lift Net Income
AEON REIT Investment Corporation reported that distributions per unit for the fiscal period ended July 31, 2026 differed slightly from its earlier forecast, with ordinary distributions rising to ¥2,839 from ¥2,801 and distributions in exces...
AEON REIT posts softer profits but maintains full payout and steady outlook
AEON REIT Investment Corporation reported operating revenue of ¥21.4 billion for the fiscal period ended July 31, 2026, a slight increase from the prior term, while operating income and net income declined by around 10–12%. Despite weaker...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 06, 2026