Performance

DAIWA is one of the leading appraisal firms in Japan.

Revenue Ranking of Appraisal Firms in Japan

Company's name Revenue (Thousand yen)
2020 2021 2022
Daiwa Real Estate Appraisal 4,175,869 4,503,502 4,626,002
Japan Real Estate Institute 9,595,772 9,156,350 9,687,733
Tanizawa Sogo Appraisal 2,978,320 2,983,364 3,233,486
MU Real Estate Appraisal 2,045,124 1,953,044 1,843,643
JLL Morii Valuation & Advisory 1,144,864 1,400,344 1,766,435
CBRE 1,289,311 1,562,326 1,665,409
SMBC Real Estate Appraisal Services 1,485,134 1,438,092 1,376,740
Sanyu Appraisal Corporation 1,053,983 1,127,162 1,242,329
2022
Company's name Revenue
(Thousand yen)
Daiwa Real Estate Appraisal 4,626,002
Japan Real Estate Institute 9,687,733
Tanizawa Sogo Appraisal 3,233,486
MU Real Estate Appraisal 1,843,643
JLL Morii Valuation & Advisory 1,766,435
CBRE 1,665,409
SMBC Real Estate Appraisal Services 1,376,740
Sanyu Appraisal Corporation 1,242,329
2021
Company's name Revenue
(Thousand yen)
Daiwa Real Estate Appraisal 4,503,502
Japan Real Estate Institute 9,156,350
Tanizawa Sogo Appraisal 2,983,364
MU Real Estate Appraisal 1,953,044
JLL Morii Valuation & Advisory 1,400,344
CBRE 1,562,326
SMBC Real Estate Appraisal Services 1,438,092
Sanyu Appraisal Corporation 1,127,162
2020
Company's name Revenue
(Thousand yen)
Daiwa Real Estate Appraisal 4,175,869
Japan Real Estate Institute 9,595,772
Tanizawa Sogo Appraisal 2,978,320
MU Real Estate Appraisal 2,045,124
JLL Morii Valuation & Advisory 1,144,864
CBRE 1,289,311
SMBC Real Estate Appraisal Services 1,485,134
Sanyu Appraisal Corporation 1,053,983

Source: Ministry of Land, Infrastructure, Transport and Tourism

Number of Appraised Properties Owned by J-REITs

Company's name Number of Properties
Daiwa Real Estate Appraisal 1,060
Japan Real Estate Institute 1,473
Tanizawa Sogo Appraisal 914
JLL Morii Valuation & Advisory 380
Japan Valuers 254
Chuo Real Estate Appraisal 209
CBRE 91
Others 370

As of March 2023

Number of Appraised Properties Owned by J-REITs, Categorized by Asset Type

Asset type Office Residence Retail Hotel Healthcare Logistics Leased fee
interests
in land
Other assets Grand Total
Number of J-REIT Properties
Appraised by Daiwa
367 442 87 57 45 32 24 6 1,060
Our Share 35.25% 22.6% 18.7% 18.0% 27.6% 6.4% 14.8% 3.9% 22.3%
Asset type Number of J-REIT Properties
Appraised by Daiwa
Our Share
Office 367 35.25%
Residence 442 22.6%
Retail 87 18.7%
Hotel 57 18.0%
Healthcare 45 27.6%
Logistics 32 6.4%
Leased fee interests in land 24 14.8%
Other assets 6 3.9%
Grand Total 1,060 22.3%

As of March 2023

Building Survey Performance

By Asset type Office Residence Retail Hotel Healthcare Logistics Factory Other assets Grand Total
Surveyed by Daiwa 1,426 3,082 671 780 225 567 120 314 7,185
Share 19.8% 42.9% 9.3% 10.9% 3.1% 7.9% 1.7% 4.4% 100.0%
By Asset type Surveyed
by Daiwa
Our Share
Office 1,426 19.8%
Residence 3,082 42.9%
Retail 671 9.3%
Hotel 780 10.9%
Healthcare 225 3.1%
Logistics 567 7.9%
Factory 120 1.7%
Other assets 314 4.4%
Grand Total 7,185 100.0%

As of March 2023