Prices as of 2026/10/30 close
Company comparison · Major Real Estate Developers


Mitsubishi Estate is the bigger company, with revenue of ¥1.7T — 34.3x Heiwa Real Estate's ¥50.9B.
Heiwa Real Estate earns more on each yen of sales, with an operating margin of 29.7% — 10.8 points above Mitsubishi Estate (18.9%).
Revenue growth in the latest results: Heiwa Real Estate +20.9%, Mitsubishi Estate +10.5%. For next year, Mitsubishi Estate guides for the fastest operating profit growth (+12.2%).
Mitsubishi Estate pays more on average — ¥13.5M against ¥12.3M at Heiwa Real Estate.
Over the past year the shares moved Mitsubishi Estate +17.4%, Heiwa Real Estate −0.4%.
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
Mitsubishi Estate aheadMitsubishi Estate 3 : Heiwa Real Estate 0
Revenue: Mitsubishi Estate ¥1.7T / Heiwa Real Estate ¥50.9B
ProfitabilityInvestors
Heiwa Real Estate aheadMitsubishi Estate 1 : Heiwa Real Estate 2
Operating margin: Mitsubishi Estate 18.9% / Heiwa Real Estate 29.7%
GrowthInvestors
Heiwa Real Estate aheadMitsubishi Estate 1 : Heiwa Real Estate 3
Revenue growth (YoY): Mitsubishi Estate +10.5% / Heiwa Real Estate +20.9%
Stock & balance sheetInvestors
Mitsubishi Estate aheadMitsubishi Estate 2 : Heiwa Real Estate 0
Share price, 1 year: Mitsubishi Estate +17.4% / Heiwa Real Estate −0.4%
Pay & workforceJob seekers
Heiwa Real Estate aheadMitsubishi Estate 1 : Heiwa Real Estate 2
Average salary: Mitsubishi Estate ¥13.5M / Heiwa Real Estate ¥12.3M
| Metric | Mitsubishi Estate | Heiwa Real Estate | Gap |
|---|---|---|---|
| Revenue | ◎¥1.7T | ¥50.9B | 34.3x |
| Operating profit | ◎¥329.7B | ¥15.1B | 21.8x |
| Net income | ◎¥222.5B | ¥11.0B | 20.2x |
| Metric | Mitsubishi Estate | Heiwa Real Estate | Gap |
|---|---|---|---|
| Operating margin | 18.9% | ◎29.7% | 10.8pt |
| Net margin | 12.7% | ◎21.7% | 9.0pt |
| ROE | — | 9.0% | |
| Revenue per employee | ◎¥1.4B | ¥475M | 3.0x |
| Metric | Mitsubishi Estate | Heiwa Real Estate | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +10.5% | ◎+20.9% | 10.4pt |
| Operating profit growth (YoY) | +6.6% | ◎+14.5% | 7.9pt |
| Revenue CAGRlast 5 years | +7.7% | — | |
| Guidance: revenue growthnext FY plan | +14.5% | ◎+25.5% | 10.9pt |
| Guidance: op. profit growthnext FY plan | ◎+12.2% | +4.6% | 7.6pt |
| Metric | Mitsubishi Estate | Heiwa Real Estate | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+17.4% | −0.4% | 17.8pt |
| Share price, 3 months | ◎−6.4% | −6.4% | 0.0pt |
| P/E (trailing)lower = cheaper | — | 13.6x | |
| Equity ratio | — | 28.1% | |
| Share price (close) | ¥3,819 | ¥2,258 |
◎ 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 | Mitsubishi Estate | Heiwa Real Estate | Gap |
|---|---|---|---|
| Average salary | ◎¥13.5M | ¥12.3M | ¥1.23M |
| Starting salary (monthly) | ¥305,000 | ◎¥330,000 | ¥25,000 |
| Average tenure | 13.9 yrs | ◎14.7 yrs | 0.8 |
| Average age | 40.5 | 42.1 | 1.6 |
| Employees | 1,242 | 107 | 11.6x |
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)
¥3,819+17.4% (1Y)
Mitsubishi Estate +17.4% over 1Y. Compared: Heiwa Real Estate -0.4%.
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.
Mitsubishi Estate4 segments
Heiwa Real Estate2 segments
AAverage annual salary from the securities filings: Mitsubishi Estate ¥13.5M, Heiwa Real Estate ¥12.3M. Mitsubishi Estate pays the most. Averages also depend on staff age and job mix, so check the average age too (Mitsubishi Estate 40.5, Heiwa Real Estate 42.1).
ARevenue in the latest results: Mitsubishi Estate ¥1.7T, Heiwa Real Estate ¥50.9B. Mitsubishi Estate is the bigger company, with revenue of ¥1.7T — 34.3x Heiwa Real Estate's ¥50.9B.
AOperating margins: Heiwa Real Estate 29.7%, Mitsubishi Estate 18.9%. Heiwa Real Estate turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Mitsubishi Estate +17.4%, Heiwa Real Estate −0.4%. Mitsubishi Estate has risen the most.


Comparing 2 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.