Real Estate: Japanese companies ranked by corporate taxes paid

Listed Japanese companies ranked by income taxes paid in their latest fiscal year (cash flow statement, annual securities reports).

Corporate taxes paidRevenueNet incomeTotal assets World ranking →
Total corporate taxes paid by 130 listed Real Estate companies¥816B Income taxes paid in each company's latest fiscal year (consolidated figures include taxes paid abroad).
#Company Taxes paidTax expensePre-tax incomeTax rateRevenue
1 Mitsubishi Estate Company, Limited
8802 · Real Estate · Mar 2026
¥148B¥114B¥349B32.6%¥1.75T
2 Mitsui Fudosan Co., Ltd.
8801 · Real Estate · Mar 2026
¥127B¥125B¥397B31.5%¥2.71T
3 Sumitomo Realty & Development Co.,Ltd.
8830 · Real Estate · Mar 2026
¥102B¥91.0B¥304B30.0%¥1.06T
4 Tokyu Fudosan Holdings Corporation
3289 · Real Estate · Mar 2026
¥62.5B¥48.7B¥147B33.1%¥1.25T
5 Hulic Co.,Ltd.
3003 · Real Estate · Dec 2025
¥49.5B¥56.1B¥171B32.7%¥727B
6 Nomura Real Estate Holdings, Inc.
3231 · Real Estate · Mar 2026
¥37.7B¥26.5B¥109B24.2%¥943B
7 Tokyo Tatemono Co., Ltd.
8804 · Real Estate · Dec 2025
¥37.2B¥28.7B¥88.4B32.5%¥475B
8 Open House Group Co., Ltd
3288 · Real Estate · Sep 2025
¥32.3B¥40.5B¥145B28.0%¥1.34T
9 Iida Group Holdings Co., Ltd.
3291 · Real Estate · Mar 2026
¥31.1B¥28.3B¥89.9B31.5%¥1.51T
10 starts corporation inc.
8850 · Real Estate · Mar 2026
¥11.9B¥12.1B¥37.9B32.0%¥252B
11 ES-CON JAPAN Ltd.
8892 · Real Estate · Mar 2026
¥9.8B¥5.7B¥17.7B32.3%¥137B
12 PARK24 Co., Ltd.
4666 · Real Estate · Oct 2025
¥9.6B¥12.2B¥28.1B43.3%¥406B
13 Sun Frontier Fudousan Co.,Ltd.
8934 · Real Estate · Mar 2026
¥8.4B¥6.9B¥23.2B29.9%¥116B
14 Japan Airport Terminal Co.,Ltd.
9706 · Real Estate · Mar 2026
¥7.6B¥5.7B¥43.4B13.1%¥290B
15 Ki-Star REAL Estate Co.,Ltd
3465 · Real Estate · Mar 2026
¥6.8B¥8.0B¥24.9B32.2%¥394B
16 Tosei Corporation
8923 · Real Estate · Nov 2025
¥6.6B¥5.8B¥20.6B28.3%¥94.7B
17 Eslead Corporation
8877 · Real Estate · Mar 2026
¥5.2B¥5.2B¥16.4B31.8%¥117B
18 KATITAS Co., Ltd.
8919 · Real Estate · Mar 2026
¥4.8B¥5.3B¥17.8B30.0%¥152B
19 Heiwa REAL Estate Co., Ltd.
8803 · Real Estate · Mar 2026
¥4.7B¥4.9B¥15.9B30.6%¥50.9B
20 Kasumigaseki Capital Co., Ltd.
3498 · Real Estate · Aug 2025
¥4.1B¥5.8B¥17.2B33.8%¥96.5B
21 Loadstar Capital K.K.
3482 · Real Estate · Dec 2025
¥4.0B¥3.7B¥11.7B31.7%¥44.6B
22 COSMOS INITIA Co., Ltd.
8844 · Real Estate · Mar 2026
¥3.9B¥3.5B¥11.6B30.4%¥149B
23 株式会社TKP
3479 · Real Estate · Feb 2026
¥3.4B¥6.6B¥20.1B32.5%¥114B
24 MUGEN ESTATE Co.,Ltd.
3299 · Real Estate · Dec 2025
¥3.4B¥3.3B¥9.9B33.0%¥68.3B
25 Hoosiers Holdings Co., Ltd.
3284 · Real Estate · Mar 2026
¥3.1B¥4.1B¥11.4B36.1%¥139B
26 FJ NEXT Holdings Co., Ltd.
8935 · Real Estate · Mar 2026
¥3.1B¥4.3B¥14.4B30.3%¥142B
27 B-Lot Company Limited
3452 · Real Estate · Dec 2025
¥3.0B¥2.4B¥6.8B35.2%¥37.8B
28 MIRARTH HOLDINGS, Inc.
8897 · Real Estate · Mar 2026
¥3.0B¥4.6B¥9.5B48.6%¥214B
29 LA Holdings Co., Ltd.
2986 · Real Estate · Dec 2025
¥2.9B¥2.8B¥8.9B31.0%¥46.5B
30 JINUSHI Co.,Ltd.
3252 · Real Estate · Dec 2025
¥2.6B¥2.8B¥10.3B27.5%¥76.3B
31 TASUKI Holdings Inc.
166A · Real Estate · Sep 2025
¥2.6B¥2.4B¥7.8B31.1%¥74.4B
32 Mie Kotsu Group Holdings,Inc.
3232 · Real Estate · Mar 2026
¥2.6B¥2.6B¥8.9B29.1%¥110B
33 FUJI Corporation Limited
8860 · Real Estate · Mar 2026
¥2.4B¥2.2B¥6.9B31.4%¥138B
34 GOLDCREST Co.,Ltd.
8871 · Real Estate · Mar 2026
¥2.4B¥2.7B¥8.6B31.5%¥30.4B
35 NIPPON PARKING DEVELOPMENT Co.,Ltd.
2353 · Real Estate · Jul 2026
¥2.3B¥2.9B¥9.7B30.1%¥40.7B
36 株式会社グローバル・リンク・マネジメント
3486 · Real Estate · Dec 2025
¥2.2B¥2.1B¥6.7B31.5%¥69.3B
37 AIRPORT FACILITIES Co.,LTD.
8864 · Real Estate · Mar 2026
¥2.2B¥1.8B¥5.4B33.1%¥36.8B
38 Good Com Asset Co., Ltd.
3475 · Real Estate · Oct 2025
¥2.1B¥1.1B¥2.6B42.3%¥54.6B
39 Wealth Management, Inc.
3772 · Real Estate · Mar 2026
¥2.1B−¥316M−¥1.5B—¥15.1B
40 Keihanshin Building Co., Ltd.
8818 · Real Estate · Mar 2026
¥2.0B¥2.1B¥6.8B30.8%¥20.3B
41 株式会社ディア・ライフ
3245 · Real Estate · Sep 2025
¥2.0B¥2.4B¥7.8B31.4%¥78.5B
42 スター・マイカ・ホールディングス株式会社
2975 · Real Estate · Nov 2025
¥1.8B¥2.0B¥6.2B32.0%¥69.2B
43 Anabuki Kosan Inc.
8928 · Real Estate · Jun 2026
¥1.6B¥2.9B¥7.5B38.5%¥139B
44 Yoshicon Co.,Ltd
5280 · Real Estate · Mar 2026
¥1.6B¥1.5B¥4.2B35.0%¥29.1B
45 Properst Co., Ltd.
3236 · Real Estate · May 2026
¥1.6B¥937M¥3.1B30.7%¥29.5B
46 Urbanet Corporation Co., Ltd.
3242 · Real Estate · Jun 2026
¥1.5B¥1.0B¥3.1B32.0%¥39.4B
47 LANDNET Inc.
2991 · Real Estate · Jul 2026
¥1.4B¥1.2B¥3.6B33.5%¥110B
48 Wadakohsan Corporation
8931 · Real Estate · Feb 2026
¥1.4B¥1.2B¥3.8B31.8%¥42.1B
49 NISSHIN GROUP HOLDINGS Co., Ltd.
8881 · Real Estate · Mar 2026
¥1.3B¥2.0B¥6.2B31.9%¥87.8B
50 &Do Holdings Co.,Ltd.
3457 · Real Estate · Jun 2026
¥1.3B¥1.0B¥2.5B41.2%¥49.6B
51 株式会社フェイスネットワーク
3489 · Real Estate · Mar 2026
¥1.3B¥1.6B¥5.1B30.3%¥32.9B
52 INTELLEX HOLDINGS Co.,Ltd.
463A · Real Estate · May 2026
¥1.3B¥745M¥2.4B30.8%¥58.5B
53 A.D.Works Group Co.,Ltd.
2982 · Real Estate · Dec 2025
¥1.2B¥1.9B¥5.2B36.4%¥67.5B
54 Arealink Co.,Ltd.
8914 · Real Estate · Dec 2025
¥1.2B¥1.5B¥5.2B29.3%¥26.4B
55 GLC Group, Inc.
2970 · Real Estate · Dec 2025
¥1.2B¥849M¥2.5B33.9%¥24.5B
56 株式会社GA technologies
3491 · Real Estate · Oct 2025
¥1.2B¥2.2B¥6.2B35.0%¥249B
57 Aoyama Zaisan Networks Company,Limited
8929 · Real Estate · Dec 2025
¥1.1B¥990M¥3.8B26.4%¥41.8B
58 株式会社JPMC
3276 · Real Estate · Dec 2025
¥1.1B¥923M¥2.7B33.9%¥58.5B
59 AMBITION DX HOLDINGS Co., Ltd.
3300 · Real Estate · Jun 2026
¥1.1B¥1.3B¥3.3B38.1%¥54.1B
60 SRE Holdings Corporation
2980 · Real Estate · Mar 2026
¥1.1B¥1.4B¥3.3B41.9%¥32.9B
61 ミガロホールディングス株式会社
5535 · Real Estate · Mar 2026
¥998M¥790M¥2.3B35.0%¥57.5B
62 Meiho Enterprise Co., Ltd.
8927 · Real Estate · Jul 2026
¥984M¥1.2B¥3.9B29.8%¥36.9B
63 コロンビア・ワークス株式会社
146A · Real Estate · Dec 2025
¥949M¥1.8B¥5.3B34.5%¥37.1B
64 First Brothers Co., Ltd.
3454 · Real Estate · Nov 2025
¥945M¥1.5B¥3.3B46.6%¥19.1B
65 株式会社ランディックス
2981 · Real Estate · Mar 2026
¥915M¥935M¥2.8B33.6%¥23.5B
66 Arr Planner Co.,Ltd.
2983 · Real Estate · Jan 2026
¥889M¥1.0B¥3.5B29.4%¥48.6B
67 Mainichi Comnet Co., Ltd.
8908 · Real Estate · May 2026
¥856M¥856M¥2.8B30.9%¥27.1B
68 STrust Co.,Ltd.
3280 · Real Estate · Feb 2026
¥837M¥628M¥2.0B30.6%¥22.3B
69 First Juken Co.,Ltd.
8917 · Real Estate · Oct 2025
¥805M¥776M¥2.3B33.9%¥42.9B
70 Agratio urban design Inc.
3467 · Real Estate · Mar 2026
¥802M¥852M¥2.8B30.6%¥37.0B
71 CEL Corporation
5078 · Real Estate · Feb 2026
¥788M¥388M¥1.5B25.3%¥20.2B
72 Paraca Inc.
4809 · Real Estate · Sep 2025
¥775M¥910M¥3.0B30.8%¥17.6B
73 Innovation Holdings CO.,LTD.
3484 · Real Estate · Mar 2026
¥742M¥891M¥2.3B39.4%¥20.0B
74 Choei Inc.
2993 · Real Estate · Mar 2026
¥687M¥424M¥1.4B29.9%¥11.0B
75 株式会社アズーム
3496 · Real Estate · Sep 2025
¥684M¥725M¥2.6B28.3%¥13.5B
76 CREAL Inc.
2998 · Real Estate · Mar 2026
¥683M¥713M¥2.7B26.9%¥37.8B
77 LAND Business
8944 · Real Estate · Sep 2025
¥599M¥418M¥60.1M696.7%¥18.6B
78 TOC Co.,Ltd
8841 · Real Estate · Mar 2026
¥596M¥1.1B¥3.4B31.4%¥15.2B
79 Leopalace21corporation
8848 · Real Estate · Mar 2026
¥575M¥9.0B¥24.9B36.2%¥445B
80 Meiwa Estate Company Limited
8869 · Real Estate · Mar 2026
¥542M¥2.1B¥5.9B35.0%¥90.1B
81 株式会社山忠
391A · Real Estate · Apr 2026
¥515M¥219M¥767M28.6%¥5.5B
82 ビジネス・ワンホールディングス株式会社
4827 · Real Estate · Mar 2026
¥493M¥410M¥1.4B29.8%¥16.9B
83 Sansei Landic Co.,Ltd
3277 · Real Estate · Dec 2025
¥491M¥558M¥1.9B30.1%¥23.3B
84 AMG Holdings Co., Ltd.
8891 · Real Estate · Mar 2026
¥451M¥592M¥1.8B33.8%¥31.4B
85 Koryojyuhan Co., Ltd.
3495 · Real Estate · Sep 2025
¥424M¥416M¥1.4B29.1%¥11.5B
86 Century 21 REAL Estate of Japan Ltd.
8898 · Real Estate · Mar 2026
¥418M¥362M¥1.2B29.8%¥4.3B
87 FORLIFE Co., Ltd.
3477 · Real Estate · Mar 2026
¥406M¥243M¥787M30.9%¥17.5B
88 WILL,Co.,Ltd.
3241 · Real Estate · Dec 2025
¥405M¥317M¥982M32.3%¥14.9B
89 Azplanning Co.,Ltd.
3490 · Real Estate · Feb 2026
¥404M¥172M¥467M36.9%¥13.5B
90 EARLY AGE CO., Ltd.
3248 · Real Estate · Oct 2025
¥395M¥124M¥404M30.7%¥3.3B
91 property technologies Inc.
5527 · Real Estate · Nov 2025
¥381M¥600M¥1.7B35.7%¥50.9B
92 Elitz Holdings Co.,Ltd.
5533 · Real Estate · Sep 2025
¥367M¥325M¥1.0B31.7%¥6.4B
93 アズマハウス株式会社
3293 · Real Estate · Mar 2026
¥367M¥396M¥901M44.0%¥11.6B
94 SYLA Holdings Co.,Ltd.
8887 · Real Estate · May 2026
¥348M¥807M¥7.5B10.8%¥39.3B
95 Avantia Co., Ltd.
8904 · Real Estate · Aug 2025
¥339M¥478M¥1.1B42.8%¥69.3B
96 ヤマイチエステート株式会社
2984 · Real Estate · Mar 2026
¥306M¥539M¥1.1B48.4%¥17.6B
97 HousefreedomCo.,Ltd.
8996 · Real Estate · Dec 2025
¥301M¥309M¥967M31.9%¥16.9B
98 Mullion Co.,Ltd.
3494 · Real Estate · Sep 2025
¥291M¥206M¥665M30.9%¥3.3B
99 Grandy House Corporation
8999 · Real Estate · Mar 2026
¥278M¥553M¥1.5B37.6%¥53.0B
100 株式会社リアルゲイト
5532 · Real Estate · Sep 2025
¥260M¥238M¥797M29.8%¥9.8B
How to read this
· Taxes paid: income taxes paid in the cash flow statement (corporate tax, inhabitant tax and enterprise tax actually paid during the year).
· Tax expense: income tax expense in the income statement (current + deferred; IFRS: income tax expense).
· Tax rate: tax expense ÷ pre-tax income. Japan's statutory effective rate is about 30%.

By sector

Information & Communication604Services557Retail Trade323Wholesale Trade299Electric Appliances227Machinery210Chemicals199Construction148Real Estate130Foods125Other Products110Metal Products88Banks83Pharmaceutical80Transportation Equipment78Land Transportation61Precision Instruments52Glass & Ceramics Products51Textiles & Apparels47Other Financing Business42Iron & Steel36Warehousing & Harbor Transportation34Securities & Commodity Futures32Nonferrous Metals31Electric Power & Gas26Pulp & Paper24Rubber Products16Insurance15Marine Transportation11Fishery, Agriculture & Forestry11Oil & Coal Products9Mining5Air Transportation5

From the latest annual securities reports filed with EDINET. Fiscal years differ by company.