Mitsui Fudosan Future Growth

Future criteria checks 2/6

Mitsui Fudosan is forecast to grow earnings and revenue by 8.8% and 2.7% per annum respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 8.5% in 3 years.

Key information

8.8%

Earnings growth rate

9.6%

EPS growth rate

Real Estate earnings growth	6.0%
Revenue growth rate	2.7%
Future return on equity	8.5%
Analyst coverage	Good
Last updated	28 Aug 2024

Recent future growth updates

Recent updates

Mitsui Fudosan Co., Ltd.'s (TSE:8801) Business Is Trailing The Market But Its Shares Aren't

Mar 17

Mitsui Fudosan (TSE:8801) Is Increasing Its Dividend To ¥37.00

Feb 27

Earnings and Revenue Growth Forecasts

TSE:8801 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	2,688,152	277,717	41,000	N/A	10
3/31/2026	2,614,864	261,534	28,000	N/A	11
3/31/2025	2,562,198	240,734	-44,000	N/A	11
6/30/2024	2,452,301	203,814	N/A	N/A	N/A
3/31/2024	2,383,289	224,647	20,865	241,697	N/A
12/31/2023	2,341,725	216,285	N/A	N/A	N/A
9/30/2023	2,377,302	226,148	1,198	229,035	N/A
6/30/2023	2,253,751	229,931	N/A	N/A	N/A
3/31/2023	2,269,103	196,999	-65,036	297,709	N/A
12/31/2022	2,260,357	200,654	N/A	N/A	N/A
9/30/2022	2,161,054	190,804	-150,225	224,692	N/A
6/30/2022	2,228,883	195,513	N/A	N/A	N/A
3/31/2022	2,100,870	176,986	29,901	271,469	N/A
12/31/2021	2,006,425	154,193	N/A	N/A	N/A
9/30/2021	2,207,015	206,862	117,853	351,016	N/A
6/30/2021	2,049,232	150,198	N/A	N/A	N/A
3/31/2021	2,007,555	129,576	-88,475	187,863	N/A
12/31/2020	2,078,216	180,564	-121,004	202,949	N/A
9/30/2020	1,814,267	126,688	-387,957	-10,046	N/A
6/30/2020	1,885,496	164,562	-367,951	11,954	N/A
3/31/2020	1,905,642	183,972	-386,724	87,094	N/A
12/31/2019	1,912,647	168,715	-315,407	109,742	N/A
9/30/2019	1,889,266	166,435	-183,936	183,858	N/A
6/30/2019	1,846,014	163,759	-219,269	198,716	N/A
3/31/2019	1,861,195	168,661	-121,609	216,709	N/A
12/31/2018	1,893,516	186,040	-320,661	127,698	N/A
9/30/2018	1,890,032	175,847	-414,425	101,698	N/A
6/30/2018	1,811,913	160,081	-368,128	59,028	N/A
3/31/2018	1,751,114	155,874	N/A	30,143	N/A
12/31/2017	1,607,351	95,828	N/A	27,628	N/A
9/30/2017	1,615,224	107,553	N/A	69,857	N/A
6/30/2017	1,729,499	131,427	N/A	217,525	N/A
3/31/2017	1,704,416	131,816	N/A	227,433	N/A
12/31/2016	1,619,997	130,633	N/A	145,939	N/A
9/30/2016	1,579,970	123,476	N/A	118,193	N/A
6/30/2016	1,566,784	116,468	N/A	35,862	N/A
3/31/2016	1,567,970	117,723	N/A	32,155	N/A
12/31/2015	1,594,302	124,685	N/A	75,477	N/A
9/30/2015	1,580,014	120,261	N/A	53,203	N/A
6/30/2015	1,556,738	119,965	N/A	101,603	N/A
3/31/2015	1,529,037	100,186	N/A	30,344	N/A
12/31/2014	1,601,961	85,601	N/A	115,337	N/A
9/30/2014	1,627,102	84,002	N/A	165,623	N/A
6/30/2014	1,560,755	75,808	N/A	111,248	N/A
3/31/2014	1,515,252	76,844	N/A	189,903	N/A
12/31/2013	1,495,485	74,386	N/A	138,744	N/A
9/30/2013	1,466,086	72,425	N/A	132,594	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8801's forecast earnings growth (8.8% per year) is above the savings rate (0.3%).

Earnings vs Market: 8801's earnings (8.8% per year) are forecast to grow faster than the JP market (8.5% per year).

High Growth Earnings: 8801's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8801's revenue (2.7% per year) is forecast to grow slower than the JP market (4.3% per year).

High Growth Revenue: 8801's revenue (2.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8801's Return on Equity is forecast to be low in 3 years time (8.5%).

Mitsui Fudosan Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 14% to JP¥1,576

Mitsui Fudosan Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022

Recent updates

New minor risk - Share price stability

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

What Mitsui Fudosan Co., Ltd.'s (TSE:8801) P/E Is Not Telling You

Final dividend of JP¥15.00 announced

Mitsui Fudosan (TSE:8801) Has A Somewhat Strained Balance Sheet

Mitsui Fudosan Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024

We Think That There Are Issues Underlying Mitsui Fudosan's (TSE:8801) Earnings

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Mitsui Fudosan Co., Ltd. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024

Mitsui Fudosan Co., Ltd. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024

Elliott Management Issues a Statement on Mitsui Fudosan’s Long-Term Vision

Mitsui Fudosan Co., Ltd. (TSE:8801) announces an Equity Buyback for 40,000,000 shares, representing 1.43% for ¥40,000 million.

Price target increased by 14% to JP¥1,576

Upcoming dividend of JP¥37.00 per share

Mitsui Fudosan (TSE:8801) Is Increasing Its Dividend To ¥37.00

Mitsui Fudosan Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024

Investor sentiment improves as stock rises 15%

Mitsui Fudosan Co., Ltd.'s (TSE:8801) Business Is Trailing The Market But Its Shares Aren't

Mitsui Fudosan Co., Ltd., Annual General Meeting, Jun 27, 2024

Mitsui Fudosan (TSE:8801) Is Increasing Its Dividend To ¥37.00

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Elliott Management Targets Mitsui Fudosan

Mitsui Fudosan Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Mitsui Fudosan Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023

Upcoming dividend of JP¥34.00 per share at 2.0% yield

New minor risk - Earnings quality

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Mitsui Fudosan Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023

Mitsui Fudosan Co., Ltd., Annual General Meeting, Jun 29, 2023

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of JP¥30.00 per share at 2.5% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mitsui Fudosan Co., Ltd. (TSE:8801) announces an Equity Buyback for 20,000,000 shares, representing 2.12% for ¥30,000 million.

Mitsui Fudosan Logistics Park Inc. (TSE:3471) signed sales and purchase agreement to acquire MFLP Osaka Katano from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥16.5 million.

Mitsui Fudosan Co., Ltd. to Report Nine Months, 2023 Results on Feb 10, 2023

Less than half of directors are independent

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mitsui Fudosan Co., Ltd. to Report First Half, 2023 Results on Nov 19, 2022

Mitsui Fudosan Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022

Upcoming dividend of JP¥30.00 per share

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mitsui Fudosan Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Mitsui Fudosan Co., Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Mitsui Fudosan Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥33.00 per share

Mitsui Fudosan Co., Ltd. (TSE:8801) announces an Equity Buyback for 10,000,000 shares, representing 1.04% for ¥15,000 million.

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Nippon Building Fund Incorporation (TSE:8951) agreed to acquire an additional 2.5% stake in Iidabashi Grand Bloom from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥36.2 billion.

Second quarter 2022 earnings released: EPS JP¥53.97 (vs JP¥4.91 loss in 2Q 2021)

Upcoming dividend of JP¥22.00 per share

Nippon Building Fund Incorporation (TSE:8951) signed an contract to acquire Iidabashi Grand Bloom from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥77.6 billion.

First quarter 2022 earnings released: EPS JP¥35.75 (vs JP¥14.23 in 1Q 2021)

MD & Independent Outside Director Masako Egawa has left the company

Mitsui Fudosan Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022

SMFL Mirai Partners Co., Ltd. and Mitsui Fudosan Co., Ltd. (TSE:8801) agreed to acquire Mitsui Shopping Park LaLaport SHIN-MISATO, Ginza 5-chome Globe and Takeshita Street Square from Frontier Real Estate Investment Corporation (TSE:8964) for ¥22.11 billion.

Full year 2021 earnings released: EPS JP¥134 (vs JP¥188 in FY 2020)

Mitsui Fudosan Co., Ltd. (TSE:8801) announces an Equity Buyback for 10,000,000 shares, representing 1.04% for ¥15,000 million.

Upcoming dividend of JP¥22.00 per share

Mitsui Fudosan Logistics Park Inc. (TSE:3471) signed a sale and purchase agreement to acquire MFIP Inzai II from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥15.2 billion.

New 90-day high: JP¥2,505

Third quarter 2021 earnings released: EPS JP¥93.38 (vs JP¥36.85 in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: JP¥2,356

Mitsui Fudosan Co., Ltd. (TSE:8801) completed the acquisition of 84.8% stake in Tokyo Dome Corporation (TSE:9681) for approximately ¥100 billion.

Mitsui Fudosan Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021

New 90-day high: JP¥2,323

Mitsui Fudosan Co., Ltd. (TSE:8801) made an offer to acquire Tokyo Dome Corporation (TSE : 9681) from Oasis Management Company Ltd. and others for approximately ¥120 billion.