Financial Analysis of Japanese Real Estate Industry Classified with Company Sizes

Abstract

Using data published by Japan Finance Ministry from 2013 to 2015, a past research shows that Japanese real estate industry has financial performance characteristics fairly different from other industries. This paper discusses if the characteristics shown in the past research can be preserved for each of classified company sizes using a long term dada from 2007 to 2017. The results shows that Japanese real estate industry has financial performance characteristics fairly different from some other industries for the classified company sizes.