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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 2021 JPYUSD
Revenue2,007.55B18,928.93M
Gross Profit397,915M3,751.88M
Operating income203,771M1,921.32M
Income before tax191,820M1,808.64M
Net income129,576M1,221.75M
EBITDA301,967M2,847.20M
Diluted EPS134.321.26
Dividends Per Share440.41
Total Assets7,741.97B70,063.09M
Total liabilities5,085.97B46,026.93M
Total equity2,557.30B23,143.05M
Operating cash flow187,862M1,771.32M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,704.41B 1,751.11B 1,861.19B 1,905.64B 2,007.55B
Gross Profit 395,978M 411,631M 437,753M 469,739M 397,915M
Operating income 208,065M 220,232M 233,865M 280,618M 203,771M
Income before tax 192,257M 224,748M 242,043M 261,217M 191,820M
Net income 131,816M 155,874M 168,661M 183,973M 129,576M
EBITDA 304,056M 316,070M 341,183M 372,052M 301,967M
Diluted EPS 133.31 157.63 171.17 188.19 134.32
Dividends Per Share 34 40 44 44 44
Total Assets 5,570.75B 6,284.72B 6,802.73B 7,395.35B 7,741.97B
Total liabilities 3,513.82B 3,997.01B 4,381.92B 4,908.82B 5,085.97B
Total equity 1,985.74B 2,205.97B 2,343.79B 2,410.13B 2,557.30B
Operating cash flow 227,432M 30,143M 216,709M 87,094M 187,862M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 15,739.72M 15,799.65M 16,783.44M 17,527.04M 18,928.93M
Gross Profit 3,656.72M 3,713.99M 3,947.46M 4,320.40M 3,751.88M
Operating income 1,921.41M 1,987.07M 2,108.89M 2,580.97M 1,921.32M
Income before tax 1,775.43M 2,027.81M 2,182.63M 2,402.53M 1,808.64M
Net income 1,217.27M 1,406.39M 1,520.91M 1,692.08M 1,221.75M
EBITDA 2,807.85M 2,851.78M 3,076.64M 3,421.93M 2,847.20M
Diluted EPS 1.23 1.42 1.54 1.73 1.26
Dividends Per Share 0.31 0.36 0.39 0.40 0.41
Total Assets 49,993.26M 59,094.70M 61,460.28M 68,504.08M 70,063.09M
Total liabilities 31,533.92M 37,583.62M 39,589.15M 45,471.06M 46,026.93M
Total equity 17,820.51M 20,742.57M 21,175.38M 22,325.35M 23,143.05M
Operating cash flow 2,100.26M 271.96M 1,954.18M 801.04M 1,771.32M

Valuation Measures

Mar 2021
PER18.69
ROA1.71%
ROE5.21%
Operating margin10.15%
Profit margin6.45%

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. (2.8%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Norges Bank Investment Management (1.6%)
  • BlackRock Japan Co., Ltd. (1.3%)
  • Kajima Corp. (1.3%)
  • Sumitomo Mitsui Financial Group, Inc. (1.3%)
  • MS&AD Insurance Group Holdings, Inc. (1.2%)

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.
  • Frontier REIT SC Management Co., Ltd.
  • Funabashi Health Center Co., Ltd.
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  • Mitsui Fudosan Taiwan Co., Ltd.
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  • MF Service Apartment Co., Ltd.
  • NBF Office Management Co., Ltd.
  • Ise-Shima Resort Management Co., Ltd.
  • Mitsui Fudosan Restricted Stock Compensation Plan
  • Mitsui Fudosan Co. Ltd. /Holiday Homes Management Bus/

Competitors

  • Open House Co., Ltd.
Last Updated on 26 Oct, 2021

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