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Finance

Mitsubishi Estate Co., Ltd.

  • 2,064.00 JPY
  • +12.00
  • +0.58%
  • Japan
    Jun 14, 2019
  • Ticker
    TKS(8802)
  • Prev. close
    2,052
  • Market cap (JPY)
    2,854.69B
  • Market cap (USD)
    26,382.20M
  • Shares
    1,391.17M

Business Summary

Mitsubishi Estate Co., Ltd. engages in the real estate business. It operates through the following segments: Office Building, Lifestyle Property, Residential, International, Investment Management, Architectural Design and Engineering, Hotel, Real Estate Services, and Others. The Office Building segment manages office buildings, parking lots, and air conditioning business. The Lifestyle Property segment develops and leases commercial and logistics facilities. The Residential segment ventures into the construction, sale, and management of condominiums, single-unit houses, residential and commercial lots, and leisure facilities. The International segment develops, leases, and manages overseas properties. The Investment Management segment manages real estate for investment purposes and other types of assets. The Architectural Design and Engineering segment designs and supervises construction and civil engineering projects. The Hotel segment operates Royal Park Hotel chains. The Real Estate Services segment offers real estate brokerage and related services. The Others segment includes information systems development, maintenance management, and consigned salary structure training services. The company was founded on May 7, 1937 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue1,263.28B11,391.73M
Gross Profit322,307M2,906.42M
Operating income205,676M1,854.69M
Income before tax210,939M1,902.15M
Net income134,609M1,213.84M
EBITDA289,294M2,608.72M
Diluted EPS96.950.87
Dividends Per Share300.27
Total Assets5,774.19B52,167.80M
Total liabilities3,817.08B34,485.98M
Total equity1,770.94B15,999.87M
Operating cash flow355,078M3,201.93M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,110.25B 1,009.40B 1,125.40B 1,194.04B 1,263.28B
Gross Profit 240,941M 252,588M 277,680M 303,812M 322,307M
Operating income 135,260M 146,016M 169,753M 189,925M 205,676M
Income before tax 100,201M 141,850M 162,881M 191,457M 210,939M
Net income 73,338M 83,426M 102,682M 120,444M 134,609M
EBITDA 234,290M 246,588M 273,943M 296,153M 289,294M
Diluted EPS 52.84 60.11 73.98 86.76 96.95
Dividends Per Share 14 16 20 26 30
Total Assets 4,934.65B 5,338.79B 5,504.83B 5,819.43B 5,774.19B
Total liabilities 3,294.49B 3,679.61B 3,737.37B 3,940.34B 3,817.08B
Total equity 1,496.33B 1,510.21B 1,593.30B 1,698.67B 1,770.94B
Operating cash flow 236,051M 168,308M 200,987M 347,175M 355,078M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 10,106.44M 8,405.82M 10,392.75M 10,773.46M 11,391.73M
Gross Profit 2,193.23M 2,103.42M 2,564.28M 2,741.18M 2,906.42M
Operating income 1,231.24M 1,215.94M 1,567.61M 1,713.62M 1,854.69M
Income before tax 912.10M 1,181.25M 1,504.15M 1,727.44M 1,902.15M
Net income 667.58M 694.72M 948.23M 1,086.72M 1,213.84M
EBITDA 2,132.69M 2,053.45M 2,529.77M 2,672.07M 2,608.72M
Diluted EPS 0.48 0.50 0.68 0.78 0.87
Dividends Per Share 0.12 0.13 0.18 0.23 0.27
Total Assets 41,147.83M 47,500.26M 49,401.75M 54,719.63M 52,167.80M
Total liabilities 27,471.25M 32,738.21M 33,540.08M 37,050.67M 34,485.98M
Total equity 12,477.28M 13,436.62M 14,298.71M 15,972.50M 15,999.87M
Operating cash flow 2,148.72M 1,401.58M 1,856.04M 3,132.43M 3,201.93M

Valuation Measures

Mar 2019
PER20.68
ROA2.32%
ROE7.75%
Operating margin16.28%
Profit margin10.65%

Key executives

  • President & Director: Junichi Yoshida
  • Director, Head-Personnel, Legal & Compliance: Noboru Nishigai
  • Director & Executive Vice President: Tetsuji Arimori
  • Executive Officer: Masaki Yamagishi
  • Senior Managing Executive Officer: Naoto Aiba

Shareholders

  • First Eagle Investment Management LLC (3.6%)
  • Meiji Yasuda Life Insurance Co. (3.3%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • The Vanguard Group, Inc. (2.7%)
  • Mitsubishi UFJ Financial Group, Inc. (2.0%)
  • BlackRock Fund Advisors (1.4%)
  • Norges Bank Investment Management (1.4%)
  • Tokio Marine Holdings, Inc. (1.4%)
  • Daiwa Asset Management Co. Ltd. (1.3%)
  • AGC, Inc. (Japan) (1.3%)

Contact Details

  • Website:http://www.mec.co.jp
  • Address: Otemachi Building, 1-6-1 Otemachi, Tokyo, 100-8133, Japan
  • Phone: +81.3.3287.5100

Related Companies

  • Mitsubishi Estate Restricted Stock Compensation Plan
  • Mitsubishi Jisho Marubeni Residence Services Co., Ltd.
  • Mitsubishi Estate (Shanghai) Ltd.
  • MEC Community Holdings KK
  • MEC Global Investment Ltd.
  • Mitsubishi Estate Trust
  • MEC Holdings-2 UK Ltd.
  • Mitsubishi Estate Europe Ltd.
  • Mitsubishi Estate Asia Pte Ltd.
  • Mitsubishi Jisho Residence Co., Ltd.
  • MEC USA, Inc.
  • Mitsubishi Estate New York, Inc.
  • Ikebukuro District Heating & Cooling Co., Ltd.
  • Marunouchi Hotel Co., Ltd.
  • Mitsubishi Jisho Retail Property Management Co. Ltd.
  • Mitsubishi Real Estate Service Co., Ltd.
  • Marunouchi Heat Supply Co., Ltd.
  • Yokohama Royal Park Hotel Co., Ltd.
  • Mitsubishi Jisho Sekkei, Inc.
  • Royal Park INN Nagoya Co. Ltd.
  • Royal Park Hotels & Resorts Co. Ltd.
  • Shiki Resorts Co. Ltd.
  • Mitsubishi Estate Housing Components Co. Ltd.
  • Bow Bells House Investment L 2 Ltd.
  • Mitsubishi Estate London Ltd.
  • Central Consultant, Inc.
  • Mec Design International Corp.
  • Mitsubishi Estate Home Co. Ltd.
  • Tokyo Garage Co. Ltd.
  • Izumi Parktown Service KK

Competitors

  • Open House Co., Ltd.
Last Updated on 14 Jun, 2019

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