Prices as of 2026/10/30 close
Company comparison · Rental Housing & Property Management




Daito Trust is the largest by revenue at ¥2.0T, followed by Leopalace21 (¥444.8B), Token (¥386.5B) and Starts (¥251.9B).
Starts has the highest operating margin at 14.4%, 8.6 points above the lowest, Token (5.8%).
Revenue growth in the latest results: Starts +8.1%, Daito Trust +7.7%, Token +5.4%, Leopalace21 +3.0%. For next year, Starts guides for the fastest operating profit growth (+10.3%).
Daito Trust pays the most on average (¥9.18M), ¥2.96M more than Token (¥6.22M).
Over the past year the shares moved Leopalace21 +59.5%, Daito Trust +7.6%, Starts −4.0%, Token −10.5%.
Head-to-head wins15 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Daito Trust aheadDaito Trust 3 : Leopalace21 0 : Token 0 : Starts 0
Revenue: Daito Trust ¥2.0T / Leopalace21 ¥444.8B / Token ¥386.5B / Starts ¥251.9B
ProfitabilityInvestors
Starts aheadDaito Trust 0 : Leopalace21 0 : Token 0 : Starts 3
Operating margin: Daito Trust 6.8% / Leopalace21 8.1% / Token 5.8% / Starts 14.4%
GrowthInvestors
Starts aheadDaito Trust 1 : Leopalace21 1 : Token 0 : Starts 3
Revenue growth (YoY): Daito Trust +7.7% / Leopalace21 +3.0% / Token +5.4% / Starts +8.1%
Stock & balance sheetInvestors
Leopalace21 aheadDaito Trust 0 : Leopalace21 2 : Token 0 : Starts 0
Share price, 1 year: Daito Trust +7.6% / Leopalace21 +59.5% / Token −10.5% / Starts −4.0%
Pay & workforceJob seekers
EvenDaito Trust 1 : Leopalace21 0 : Token 0 : Starts 1
Average salary: Daito Trust ¥9.18M / Leopalace21 ¥6.50M / Token ¥6.22M / Starts ¥6.58M
| Metric | Daito Trust | Leopalace21 | Token | Starts |
|---|---|---|---|---|
| Revenue | ◎¥2.0T | ¥444.8B | ¥386.5B | ¥251.9B |
| Operating profit | ◎¥135.3B | ¥36.0B | ¥22.4B | ¥36.3B |
| Net income | ◎¥99.0B | ¥14.9B | ¥16.2B | ¥25.3B |
| Metric | Daito Trust | Leopalace21 | Token | Starts |
|---|---|---|---|---|
| Operating margin | 6.8% | 8.1% | 5.8% | ◎14.4% |
| Net margin | 5.0% | 3.4% | 4.2% | ◎10.0% |
| ROE | — | — | 12.9% | — |
| Revenue per employee | ¥239M | ¥151M | ¥68M | ◎¥1.6B |
| Metric | Daito Trust | Leopalace21 | Token | Starts |
|---|---|---|---|---|
| Revenue growth (YoY) | +7.7% | +3.0% | +5.4% | ◎+8.1% |
| Operating profit growth (YoY) | +13.8% | ◎+23.0% | +0.5% | +11.2% |
| Revenue CAGRlast 5 years | ◎+5.9% | +1.7% | — | +4.8% |
| Guidance: revenue growthnext FY plan | +3.3% | +4.5% | +5.6% | ◎+15.1% |
| Guidance: op. profit growthnext FY plan | +5.0% | +7.0% | −9.8% | ◎+10.3% |
| Metric | Daito Trust | Leopalace21 | Token | Starts |
|---|---|---|---|---|
| Share price, 1 year | +7.6% | ◎+59.5% | −10.5% | −4.0% |
| Share price, 3 months | −8.0% | ◎+42.5% | −7.5% | −6.5% |
| P/E (trailing)lower = cheaper | — | — | 10.2x | — |
| Equity ratio | — | — | 54.0% | — |
| Share price (close) | ¥3,225 | ¥989 | ¥12,610 | ¥4,510 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Daito Trust | Leopalace21 | Token | Starts |
|---|---|---|---|---|
| Average salary | ◎¥9.18M | ¥6.50M | ¥6.22M | ¥6.58M |
| Starting salary (monthly) | ¥240,000 | ◎¥270,000 | ◎¥270,000 | ¥232,000 |
| Average tenure | 11.1 yrs | 13.1 yrs | 6.8 yrs | ◎14.6 yrs |
| Average age | 43.3 | 41.1 | 39.7 | 37.5 |
| Employees | 8,299 | 2,952 | 5,718 | 155 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥3,225+7.6% (1Y)
Daito Trust +7.6% over 1Y. Compared: Leopalace21 +59.5%, Token -10.5%, Starts -4.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Daito Trust3 segments
Leopalace213 segments
Token3 segments
Starts4 segments
AAverage annual salary from the securities filings: Daito Trust ¥9.18M, Starts ¥6.58M, Leopalace21 ¥6.50M, Token ¥6.22M. Daito Trust pays the most. Averages also depend on staff age and job mix, so check the average age too (Daito Trust 43.3, Leopalace21 41.1, Token 39.7, Starts 37.5).
ARevenue in the latest results: Daito Trust ¥2.0T, Leopalace21 ¥444.8B, Token ¥386.5B, Starts ¥251.9B. Daito Trust is the largest by revenue at ¥2.0T, followed by Leopalace21 (¥444.8B), Token (¥386.5B) and Starts (¥251.9B).
AOperating margins: Starts 14.4%, Leopalace21 8.1%, Daito Trust 6.8%, Token 5.8%. Starts turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Leopalace21 +59.5%, Daito Trust +7.6%, Starts −4.0%, Token −10.5%. Leopalace21 has risen the most.




Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.