Overview
Real Estate

ES-CON JAPAN Ltd.

Nihon Escon is a diversified real estate developer operating primarily across Japan's five major metropolitan areas, engaged in condominium and detached housing sales under the 'Le Jade' and 'Gran Le Jade' brands, as well as commercial facility development under the 'tonarie' brand and logistics facilities under the 'LOGITRES' brand. The company also operates rental apartments ('TOPAZ' brand), hotels, and office properties, generating recurring income through its real estate rental segment. Additional businesses include property and asset management, a columbarium (納骨堂) operation in Tokyo, overseas investment projects including Hawaii developments, and real estate consulting and brokerage services.

Market Cap
¥101B
US$646M
EV
¥426B
US$2.72B
Stock¥1,057▲+1.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
16.0
x
LTM EV/EBIT
17.4
x
LTM PER
9.6
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
101BUS$646MMarket Cap384BUS$2.45B+ Debt39.1BUS$249M− Cash20.1BUS$128M− Inv. Sec.426BUS$2.72BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
79.0US$504M'21/1299.4US$634M'22/12119US$758M'24/3114US$725M'25/3137US$874M'26/3
EBITDA 5Y (¥B)
11.1US$70.7M'21/1216.7US$107M'22/1221.0US$134M'24/323.1US$147M'25/328.1US$179M'26/3
Net Income 5Y (¥B)
5.96US$38.0M'21/127.25US$46.2M'22/1210.1US$64.1M'24/311.2US$71.4M'25/312.2US$77.7M'26/3
Capital Structure
82%
EquityD/E 4.66xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
39.9US$254M163US$1.04B'21/1242.0US$268M169US$1.08B'22/1256.9US$363M294US$1.87B'24/366.3US$423M336US$2.15B'25/383.0US$529M370US$2.36B'26/3
Shareholders
Top 10 hold 68.1%
1
Chubu Electric Power Company,Incorporated
51.00%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.00%
3
Tenma Seiryu Co., Ltd.
3.70%
4
Custody Bank of Japan, Ltd. (Trust Account)
2.50%
5
Seiryu Corporation Co., Ltd.
2.20%
6
Takatoshi ITO
1.30%
7
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
0.70%
8
Nomura Securities Co., Ltd.
0.60%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
0.60%
10
Keiko AKASHI
0.50%
Management
10 officers
Takatoshi ITO
Representative Director, President and Executive Officer
Sep 2001 Joined the Company Feb 2006 Executive Officer of the Company Mar 2007 Managing Director of the Company Nov 2010 General Manager, Business Division of the Company Mar 2011 Representative Director, President of the Company (current) Jan 2012 General Manager, Tokyo Head Office of the Company May 2013 Representative Director, President, Escon Property Co., Ltd. Aug 2013 General Manager, Development Business Division of the Company Jul 2014 Director, Escon Asset Management Co., Ltd. Nov 2014 President and Executive Officer of the Company (current) Sep 2016 Director, Escon Living Service Co., Ltd. Jul 2018 Director, Escon Property Co., Ltd. Jul 2019 Director, Ones Own House Co., Ltd. (now Escon Home Co., Ltd.) Jul 2019 Director, Rise Home Co., Ltd. (now Escon Craft Co., Ltd.) Jan 2020 Member, Nomination and Remuneration Advisory Committee of the Company (current) Oct 2020 Director, Ryomon Co., Ltd. (current) Oct 2021 Director, Picasso Co., Ltd. (current) Oct 2021 Director, Yuki Sangyo Co., Ltd. (current) Jan 2022 Director, FUEL Co., Ltd. (now Escon Investment Partners Co., Ltd.) Jul 2023 Director, Shijo Omiya Building Co., Ltd. (current) Dec 2023 Chairman of the Board, Escon Sports & Entertainment Co., Ltd. (current) Apr 2025 Director, Shiba Real Estate Co., Ltd. (current)
1971-09-01
Minoru NAKANISHI
Senior Managing Director, Senior Managing Executive Officer, General Manager, Corporate Planning Division
Apr 1975 Joined Yasuda Trust & Banking Co., Ltd. (now Mizuho Trust & Banking Co., Ltd.) Apr 2005 Executive Officer and General Manager, Osaka Branch, Mizuho Trust & Banking Co., Ltd. Apr 2008 Joined Sokken Co., Ltd. as Senior Managing Director Aug 2011 Joined the Company Jun 2012 Executive Officer and General Manager, Finance and Accounting Department of the Company Mar 2013 Director of the Company May 2013 Director, Escon Property Co., Ltd. Aug 2013 General Manager, Administration Division of the Company Jul 2014 Director, Escon Asset Management Co., Ltd. Nov 2014 Executive Officer of the Company Mar 2015 Managing Director of the Company Mar 2015 Managing Executive Officer of the Company Sep 2016 Director, Escon Living Service Co., Ltd. Mar 2017 Senior Managing Director of the Company (current) Mar 2017 Senior Managing Executive Officer of the Company (current) Oct 2020 Director, Ryomon Co., Ltd. (current) Oct 2021 Director, Picasso Co., Ltd. (current) Oct 2021 Director, Yuki Sangyo Co., Ltd. (current) Jan 2023 General Manager, Corporate Planning Division of the Company (current) Jul 2023 Director, Shijo Omiya Building Co., Ltd. (current) Apr 2026 Chairman of the Board, Montedio Yamagata Co., Ltd. (current) Apr 2026 Director, Montedio Football Park Co., Ltd. (current)
1952-09-14
Masakazu TSUBOUCHI
Director, Executive Officer, General Manager, Administration Division
Apr 1996 Joined Chubu Electric Power Co., Inc. Jul 2013 Staff Manager, Settlement Group, Accounting Department, Chubu Electric Power Co., Inc. Jul 2016 Assigned to Group Management Strategy Division, Chubu Electric Power Co., Inc.; Unit Manager, Accounting Unit, JERA Co., Inc. Apr 2020 Manager, Settlement Group, Management Administration Division, Chubu Electric Power Co., Inc. Jul 2023 General Manager, Settlement Group, Management Administration Division, Chubu Electric Power Co., Inc. Apr 2025 Deputy General Manager, Administration Division of the Company Apr 2025 Executive Officer of the Company (current) Jun 2025 Director of the Company (current) Jun 2025 General Manager, Administration Division of the Company (current) Jun 2025 General Manager, Corporate Planning Office of the Company (current) Jun 2025 Director in charge of Compliance of the Company (current)
1973-08-29
Keiko OTSUKI
Director
Apr 1979 Joined Mitsubishi Electric Corporation Feb 1985 Joined Credit Lyonnais Bank (now Credit Agricole Bank) Jan 1991 Joined Morgan Stanley Dean Witter (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Jan 1996 Joined UBS Securities Japan (now UBS Securities Co., Ltd.) Jan 1998 Joined Morgan Stanley Dean Witter (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.); Vice President, Senior Analyst, Equity Research Apr 2003 Joined Morgan Stanley Japan Global Property (now Morgan Stanley Capital Co., Ltd.); Executive Director Jan 2008 Joined Morgan Stanley Japan (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.); Managing Director Jun 2018 Director, Japan Medical Resources Development Promotion Organization (current) Feb 2020 Outside Director, Kyuso Ryutsu System Co., Ltd. Mar 2021 Outside Director of the Company Mar 2023 Member, Nomination and Remuneration Advisory Committee of the Company (current)
1955-08-10
Hiroaki HATTORI
Director
Apr 1980 Joined The Taiyo Kobe Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Apr 2010 Executive Officer and General Manager, Kobe Corporate Banking Division, Sumitomo Mitsui Banking Corporation Apr 2012 Managing Executive Officer, Sumitomo Mitsui Banking Corporation Jun 2015 Representative Director, Deputy President and Deputy Executive Officer, Minato Bank, Ltd. Apr 2016 Representative Director, President and Chief Operating Officer, Minato Bank, Ltd. Apr 2018 Representative Director, Kansai Mirai Financial Group, Inc. Apr 2021 Representative Director, Chairman, Minato Bank, Ltd. May 2021 Representative Director, Kobe Economic Doyukai Jun 2021 Outside Audit & Supervisory Board Member, Osaka SME Investment Development Co., Ltd. (current) Apr 2022 Chairman of the Board, Minato Bank, Ltd. Mar 2023 Outside Director of the Company (current) Mar 2023 Member, Nomination and Remuneration Advisory Committee of the Company (current) Apr 2025 Special Adviser, Minato Bank, Ltd. (current)
1956-12-04
Hiroko KOBA
Director
Apr 1987 Joined Tokyo Broadcasting System, Inc. (now TBS Television, Inc.) Apr 2001 Part-time Lecturer, Faculty of Education, Chiba University Apr 2006 Specially Appointed Professor, Faculty of Education, Chiba University Jan 2007 Member, Council on Regulatory Reform, Cabinet Office Jul 2007 Member, Advisory Committee for Natural Resources and Energy, Ministry of Economy, Trade and Industry Feb 2008 Member, Council for Education Rebuilding, Cabinet Secretariat Mar 2009 Member, Transport Policy Council, Ministry of Land, Infrastructure, Transport and Tourism Apr 2013 Visiting Professor, Chiba University (current) Mar 2016 Member, National Land Council, Ministry of Land, Infrastructure, Transport and Tourism Jun 2016 Director, Japan Port and Harbor Association (current) Nov 2017 Member, Medical Council, Ministry of Health, Labour and Welfare (current) Feb 2019 Member, Central Council for Education, Ministry of Education, Culture, Sports, Science and Technology Jun 2019 Outside Audit & Supervisory Board Member, Inpex Corporation (current) Jun 2022 Outside Director, Central Japan Railway Company (current) Mar 2025 Member, Social Infrastructure Development Council, Ministry of Land, Infrastructure, Transport and Tourism (current) Jun 2025 Outside Director of the Company (current) Jun 2025 Member, Nomination and Remuneration Advisory Committee of the Company (current)
1964-11-01
Masayoshi NISHIDAKE
Director (Audit and Supervisory Committee Member)
Apr 1986 Joined Daiwa Bank, Ltd. (now Resona Bank, Ltd.) Nov 2005 General Manager, First Sales Department, Kameido Branch, Resona Bank, Ltd. Jun 2007 Branch Manager, Kitakyushu Branch, Resona Bank, Ltd. Jul 2010 General Manager, Third Sales Department, Ueno-Nippori Area, Resona Bank, Ltd. Oct 2012 Manager, Settlement Solutions Office, Corporate Solutions Sales Department, Resona Bank, Ltd. Apr 2018 Joined Resona Payment Services Co., Ltd.; Executive Officer and General Manager, Product Development Sales Department Mar 2020 Outside Director (full-time Audit and Supervisory Committee Member) of the Company (current) Mar 2020 Member, Nomination and Remuneration Advisory Committee of the Company
1962-09-09
Tomohiko WAKAYAMA
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Chubu Electric Power Co., Inc. Jul 2010 General Manager, Budget Group, Accounting Department, Chubu Electric Power Co., Inc. Nov 2011 Assigned to Group Business Promotion Division, Chubu Electric Power Co., Inc.; seconded to Toenec Co., Ltd. Jul 2013 General Manager, Fuel Department, Chubu Electric Power Co., Inc. Oct 2013 Assigned to Fuel Department, Chubu Electric Power Co., Inc.; seconded to Chubu Electric Power Australia Pty Ltd Jul 2016 General Manager, Business Strategy Office, Sales Company, Chubu Electric Power Co., Inc. Apr 2018 General Manager, General Affairs Department, Sales Company, Chubu Electric Power Co., Inc. Jun 2019 Audit & Supervisory Board Member, C-Energy Inc. Jun 2022 Audit & Supervisory Board Member, CEPO Handa Biomass Power Co., Ltd.; Audit & Supervisory Board Member, CS Aqua Co., Ltd.; Audit & Supervisory Board Member, Nakao Geothermal Power Co., Ltd. Mar 2023 Director (Audit and Supervisory Committee Member) of the Company Jun 2023 Director (full-time Audit and Supervisory Committee Member) of the Company (current)
1963-03-30
Hiroto MIZOBATA
Director (Audit and Supervisory Committee Member)
Apr 1986 Joined Asahi Shinwa Auditing Co. (now Ernst & Young ShinNihon LLC) Mar 1988 Registered as Certified Public Accountant Dec 1991 Registered as Certified Tax Accountant Mar 1992 Representative, Mizobata Certified Public Accountant Office (current) Mar 2015 Outside Audit & Supervisory Board Member of the Company Jun 2015 Outside Director (Audit and Supervisory Committee Member), Yamaki Co., Ltd. (current) Jun 2015 Outside Director, Kyocera Corporation Jan 2016 Representative Partner, Mizobata Accounting Office, Tax Accountant Corporation (current) Mar 2016 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Jan 2020 Member, Nomination and Remuneration Advisory Committee of the Company
1963-07-31
Tadashi FUKUDA
Director (Audit and Supervisory Committee Member)
Apr 1986 Registered as Attorney-at-Law; joined Daiichi Law Office (now Daiichi Law Office, Attorneys at Law) Jun 2000 Outside Audit & Supervisory Board Member, Shinei Corporation Dec 2012 Outside Audit & Supervisory Board Member of the Company Jun 2015 Outside Director, Shinei Corporation Jun 2015 Outside Audit & Supervisory Board Member, Exedy Corporation (current) Mar 2016 Outside Audit & Supervisory Board Member of the Company Mar 2016 Representative Partner, Daiichi Law Office, Attorneys at Law Jun 2016 Outside Audit & Supervisory Board Member, Mitsubishi Tanabe Pharma Corporation Mar 2020 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Mar 2020 Member, Nomination and Remuneration Advisory Committee of the Company (current)
1953-03-04
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-28
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-10-24
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-25
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-10-25
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-26
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Jan 2023 – Mar 2024
EDINET
2024-01-30
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-10-25
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-07-25
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-04-27
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-27
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-10-26
Quarterly Securities Report
EDINET
2022-07-26
Quarterly Securities Report
EDINET
2022-04-27
Quarterly Securities Report
EDINET
2022-03-28
Annual Securities Report
EDINET
2021-10-26
Quarterly Securities Report
EDINET
2021-07-29
Quarterly Securities Report
EDINET
2021-04-26
Quarterly Securities Report
EDINET
2021-03-29
Annual Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →