Listed companies sold 568 billion Yen of real estate in 2023

Of the 3,836 companies listed on the Tokyo Stock Exchange, 94 reported the sale of real estate holdings in 2023. This is down from the record high of 114 companies in 2022.

88 of the 94 companies publicly reported the capital gain/loss on the sale, with the total gain reaching 568 billion Yen (approx. US$3.6 billion), up 27.9% from the previous year and the highest on record.Read more