FJ NEXT HOLDINGS CO., LTD.

8935 株式会社FJネクストホールディングス

Real Estate - Diversified · Prime · TSE: Disclosed

PRICE: ¥1,752 · MKT CAP: ¥57.3B · P/E: 8.8x · P/B: 0.79x · DIV YIELD: 3.1%

PRICE — 5Y

Characteristics & Business Summary

FJ NEXT Holdings Co., Ltd. engages in the planning, development, sale, and brokerage of real estate properties in Japan. It operates in four segments: Real Estate Development, Real Estate Management, Construction, and Japanese Inn. The company is also...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	72,988	82,258	84,688	100,405	112,429
Operating Profit	7,351	9,095	8,250	9,431	9,488
Ordinary Profit	7,334	9,080	8,219	9,434	9,459
Net Profit	4,983	6,338	5,621	6,453	6,483
EPS	¥152	¥194	¥172	¥197	¥198
DPS	¥44	¥48	¥48	¥50	¥54

Balance Sheet & Valuation Highlights

Total Assets ¥105B

Net Assets (Equity) ¥73B

Equity Ratio 69.1%

ROE (Return on Equity) 8.9%

Cash & Equivalents ¥24B

Interest-Bearing Debt ¥18B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 株式会社エム・エム・ヨーク 18.8%
2. 肥田幸春 15.6%
3. 株式会社松濤投資倶楽部 14.7%
4. The Master Trust Bank of Japan, Ltd. (Trust Account) 8.0%
5. Fidelity Investments 3.5%
6. 京田景子 1.6%
7. Custody Bank of Japan, Ltd. (Trust Account) 1.4%
8. Citibank, N.A. 1.3%
9. 柳澤安慶 1.2%
10. Nomura Trust and Banking Co., Ltd. 0.9%

Activist Activity

Fidelity Management Research Company LLC, FIAM LLC, Fidelity Management Trust Company 6.83%

2026-06-11 · decrease

Fidelity Management Research Company LLC, FIAM LLC, Fidelity Management Trust Company (joint filers) 6.95%

2026-06-11 · increase

Fidelity Management Research Company LLC, FIAM LLC, Fidelity Management Trust Company 6.02%

2026-06-11 · increase

Fidelity Management Research Company LLC / FIAM LLC 5.57%

2026-06-10 · initial_5pct

FMR LLC 5.57%

2026-06-10 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥2,233	¥2,517	¥2,591	¥3,069	¥3,435
FCF/Share	¥241	¥677	¥-140	¥141	¥-427
EPS	¥152	¥194	¥172	¥197	¥198
DPS	¥44	¥48	¥48	¥50	¥54
Capital Spending per share	¥6	¥3	¥1	¥1	¥3
Book Value per share	¥1,648	¥1,802	¥1,926	¥2,075	¥2,222
Common Shares Outstanding	33M	33M	33M	33M	33M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥73B	¥82B	¥85B	¥100B	¥112B
Operating Margin (%)	10.1%	11.1%	9.7%	9.4%	8.4%
Net Profit (owners)	¥5B	¥6B	¥6B	¥6B	¥6B
Net Profit Margin (%)	6.8%	7.7%	6.6%	6.4%	5.8%
Working Capital	¥42B	¥46B	¥51B	¥55B	¥60B
Total Debt (Interest-bearing)	¥21B	¥13B	¥13B	¥13B	¥18B
Net Worth (Common Equity)	¥54B	¥59B	¥63B	¥68B	¥73B
Return on Total Assets (ROA)	5.9%	7.7%	6.3%	6.8%	6.1%
Return on Common Equity (ROE)	9.3%	10.8%	8.9%	9.5%	8.9%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.