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Finance

Mitsui Fudosan Co., Ltd.

Business Summary

Mitsui Fudosan Co., Ltd. engages in the real estate business. It operates through the following segments: Leasing, Property Sales, Management, and Other. The Leasing segment provides leasing of office buildings and commercial facilities. The Property Sales segment sells condominiums and detached houses for individuals; and rental housing and office buildings for investors. The Management segment offers property management, brokerage, and asset management services. The Other segment includes remodeling services, gardening supply, power transmission, and heat supply distribution. The company was founded by Takatoshi Mitsui in 1673 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue1,905.64B17,527.04M
Gross Profit469,739M4,320.40M
Operating income280,618M2,580.97M
Income before tax261,217M2,402.53M
Net income183,973M1,692.08M
EBITDA372,052M3,421.93M
Diluted EPS188.191.73
Dividends Per Share440.40
Total Assets7,395.35B68,504.08M
Total liabilities4,908.82B45,471.06M
Total equity2,410.13B22,325.35M
Operating cash flow87,094M801.04M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,567.96B 1,704.41B 1,751.11B 1,861.19B 1,905.64B
Gross Profit 353,164M 395,978M 411,631M 437,753M 469,739M
Operating income 177,051M 208,065M 220,232M 233,865M 280,618M
Income before tax 181,317M 192,257M 224,748M 242,043M 261,217M
Net income 117,722M 131,816M 155,874M 168,661M 183,973M
EBITDA 269,942M 304,056M 316,070M 341,183M 372,052M
Diluted EPS 119.06 133.31 157.63 171.17 188.19
Dividends Per Share 30 34 40 44 44
Total Assets 5,374.27B 5,570.75B 6,284.72B 6,802.73B 7,395.35B
Total liabilities 3,385.23B 3,513.82B 3,997.01B 4,381.92B 4,908.82B
Total equity 1,923.33B 1,985.74B 2,205.97B 2,343.79B 2,410.13B
Operating cash flow 32,154M 227,432M 30,143M 216,709M 87,094M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 13,057.23M 15,739.72M 15,799.65M 16,783.44M 17,527.04M
Gross Profit 2,940.96M 3,656.72M 3,713.99M 3,947.46M 4,320.40M
Operating income 1,474.38M 1,921.41M 1,987.07M 2,108.89M 2,580.97M
Income before tax 1,509.91M 1,775.43M 2,027.81M 2,182.63M 2,402.53M
Net income 980.32M 1,217.27M 1,406.39M 1,520.91M 1,692.08M
EBITDA 2,247.93M 2,807.85M 2,851.78M 3,076.64M 3,421.93M
Diluted EPS 0.99 1.23 1.42 1.54 1.73
Dividends Per Share 0.24 0.31 0.36 0.39 0.40
Total Assets 47,815.97M 49,993.26M 59,094.70M 61,460.28M 68,504.08M
Total liabilities 30,119.09M 31,533.92M 37,583.62M 39,589.15M 45,471.06M
Total equity 17,112.30M 17,820.51M 20,742.57M 21,175.38M 22,325.35M
Operating cash flow 267.76M 2,100.26M 271.96M 1,954.18M 801.04M

Valuation Measures

Mar 2020
PER9.93
ROA2.59%
ROE7.73%
Operating margin14.72%
Profit margin9.65%

Key executives

  • President & Representative Director: Masanobu Komoda
  • Representative Director & Executive Vice President: Yoshikazu Kitahara
  • Director & Executive Vice President: Yasuo Onozawa
  • Director, EVP & GM-Living Cooperation: Kiyotaka Fujibayashi
  • Director, Managing Executive Officer & GM-Building: Takashi Ueda

Shareholders

  • Nomura Asset Management Co., Ltd. (5.4%)
  • BlackRock Fund Advisors (3.4%)
  • The Vanguard Group, Inc. (3.1%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Norges Bank Investment Management (1.4%)
  • BlackRock Japan Co., Ltd. (1.3%)
  • Kajima Corp. (1.3%)
  • Sumitomo Mitsui Financial Group, Inc. (1.3%)
  • MS&AD Insurance Group Holdings, Inc. (1.3%)

Contact Details

Related Companies

  • Mitsui Fudosan Residential Service Tohoku Co., Ltd.
  • Mitsui Fudosan Logistics REIT Management Co., Ltd.
  • RESIDENT FIRST Co., Ltd.
  • LaLaport Agency Co., Ltd.
  • Mitsui Fudosan Reform Co., Ltd.
  • Mitsui Fudosan Loan Credit Co., Ltd.
  • Mitsui Fudosan Residential Service Chugoku Co., Ltd.
  • Mitsui Fudosan Residential Service Kyushu Co., Ltd.
  • Mitsui Fudosan Australia Pty Ltd.
  • Mitsui Fudosan Architectural Engineering Co., Ltd.
  • Mitsui Development Co., Ltd.
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  • Mitsui Fudosan Restricted Stock Compensation Plan

Competitors

  • Tokyu Fudosan Holdings Corp.
  • Sumitomo Realty & Development Co., Ltd.
  • Nomura Real Estate Holdings, Inc.
  • Sumitomo Mitsui Trust Holdings, Inc.
  • Open House Co., Ltd.
Last Updated on 18 Jan, 2021

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