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Finance

Mitsubishi Estate Co., Ltd.

  • 1,856.00 JPY
  • +31.00
  • +1.70%
  • Japan
    Apr 19, 2019
  • Ticker
    TKS(8802)
  • Prev. close
    1,825
  • Market cap (JPY)
    2,559.51B
  • Market cap (USD)
    22,876.25M
  • Shares
    1,391.03M

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 2018 JPYUSD
Revenue1,194.04B10,773.46M
Gross Profit303,812M2,741.18M
Operating income189,925M1,713.62M
Income before tax191,457M1,727.44M
Net income120,444M1,086.72M
EBITDA296,153M2,672.07M
Diluted EPS86.760.78
Dividends Per Share260.23
Total Assets5,819.43B54,719.63M
Total liabilities3,940.34B37,050.67M
Total equity1,698.67B15,972.50M
Operating cash flow347,175M3,132.43M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 1,075.28B 1,110.25B 1,009.40B 1,125.40B 1,194.04B
Gross Profit 239,036M 240,941M 252,588M 277,680M 303,812M
Operating income 139,142M 135,260M 146,016M 169,753M 189,925M
Income before tax 108,685M 100,201M 141,850M 162,881M 191,457M
Net income 64,297M 73,338M 83,426M 102,682M 120,444M
EBITDA 240,674M 234,290M 246,588M 273,943M 296,153M
Diluted EPS 46.32 52.84 60.11 73.98 86.76
Dividends Per Share 12 14 16 20 26
Total Assets 4,782.83B 4,934.65B 5,338.79B 5,504.83B 5,819.43B
Total liabilities 3,335.74B 3,294.49B 3,679.61B 3,737.37B 3,940.34B
Total equity 1,329.55B 1,496.33B 1,510.21B 1,593.30B 1,698.67B
Operating cash flow 354,669M 236,051M 168,308M 200,987M 347,175M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 10,734.43M 10,106.44M 8,405.82M 10,392.75M 10,773.46M
Gross Profit 2,386.26M 2,193.23M 2,103.42M 2,564.28M 2,741.18M
Operating income 1,389.03M 1,231.24M 1,215.94M 1,567.61M 1,713.62M
Income before tax 1,084.98M 912.10M 1,181.25M 1,504.15M 1,727.44M
Net income 641.86M 667.58M 694.72M 948.23M 1,086.72M
EBITDA 2,402.61M 2,132.69M 2,053.45M 2,529.77M 2,672.07M
Diluted EPS 0.46 0.48 0.50 0.68 0.78
Dividends Per Share 0.11 0.12 0.13 0.18 0.23
Total Assets 46,442.03M 41,147.83M 47,500.26M 49,401.75M 54,719.63M
Total liabilities 32,390.54M 27,471.25M 32,738.21M 33,540.08M 37,050.67M
Total equity 12,910.16M 12,477.28M 13,436.62M 14,298.71M 15,972.50M
Operating cash flow 3,540.61M 2,148.72M 1,401.58M 1,856.04M 3,132.43M

Valuation Measures

Mar 2018
PER20.72
ROA2.12%
ROE7.31%
Operating margin15.90%
Profit margin10.08%

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. (2.9%)
  • The Vanguard Group, Inc. (2.7%)
  • Mitsubishi UFJ Financial Group, Inc. (2.0%)
  • Norges Bank Investment Management (1.5%)
  • BlackRock Fund Advisors (1.4%)
  • AGC, Inc. (Japan) (1.4%)
  • Tokio Marine Holdings, Inc. (1.4%)
  • Daiwa Asset Management Co. Ltd. (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 19 Apr, 2019

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