Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — H1 FY2019 Earnings Presentation
11 slides from Mitsui Fudosan's earnings presentation, November 2019
Slide 1: Analyst Meeting on Results for the Six Months Ended September 30, 2019
Analyst Meeting on Results for the Six Months Ended September 30, 2019 Ended March 31, 2020 (Presentation) 1
Slide 2: Summary of Results: Consolidated Income Summary
Summary of Results for the Six Months Ended September 31, 2019 Consolidated Income Summary (Overall) (Billions of yen) FY2019/2Q FY2018/2Q Change Revenue from operations 888.7 860.7 28.0 Operating income 118.6 112.1 6.4 Non-operating income/expenses (10.7) (5.5) (5.1) Equity in net income of affilia
Slide 3: Summary of Results: Consolidated Segment Revenue & Operating Income
Summary of Results for the Six Months Ended September 31, 2019 Consolidated Segment Revenue & Operating Income (Billions of yen) FY2019/2Q FY2018/2Q Change Revenues from operations 888.7 860.7 28.0 Leasing 313.1 292.8 20.2 Property sales 222.9 233.2 (10.3) Property sales to Individuals(Domestic) 163
Slide 4: Forecasts for the Year to March 2020 (FY 2019)
Forecasts for the Year to March 2020 (FY 2019) Consolidated Statement of Earning Forecasts *As of November 7,2019 (Billions of yen) 3/2020 3/2020 3/2019 Forecast Forecast Change As of Nov.7,2019 As of May.10,2019 Actual Revenues from operations 2,013.0 2,000.0 13.0 1,861.1 Leasing 630.0 630.0 - 603.
Slide 5: About Our Business
About Our Business 5
Slide 6: Office Building Business
Office Building Business Office Vacancy Rate Source:Miki Shoji (%) Mitsui Fudosan(Tokyo Metro;non-consolidated) 9.43% 10.00 (12/6) 8.57% 8.56% 9.00 (03/6,8) Central Tokyo 5 Wards(Source:Miki Shoji) (13/3) 8.00 6.7% (14/03) 7.00 5.8% (03/9) 5.30% 6.00 (15/3) 4.34% 5.00 3.8% (16/3) (13/3) 3.60% (17/3)
Slide 7: Retail Facility Business
Retail Facility Business Mitsui Fudosan Year-on-Year Change in Domestic Sales LaLaport (Existing facilities) + Outlet (Existing facilities * Expansion included) 6.0% 4.0% 2.0% UP in sales from the same period of the previous year 0.0% DOWN in sales from the same period of the -2.0% previous year 201
Slide 8: Property Sales to Individuals (Condominiums)
Property Sales to Individuals (Condominiums) Condominium – Trend of Units booked, Property sales to individuals – Inventories, and Average Sales Price Sales and Operating Profit Margin Unit booked(Left) Year-end inventories(Left) OP（Left） OP Margin (Right) Average sales Price(Right) (Units) (Billion
Slide 9: Property Sales to Investors
Property Sales to Investors Yield Benchmark, Offices in Prime Locations Source: Survey by Japan Real Estate Institute 4.0% 3.0% 3.4% 3.3% 3.2% 3.0% 2.9% 2.8% 2.8% 2.7% 2.6% 2.6% 2.5% 2.0% 2.4% 2.3% 1.0% 0.0% 13/6 13/12 14/6 14/12 15/6 15/12 16/6 16/12 17/6 17/12 18/6 18/12 19/6 Offices in prime loca
Slide 10: Global Business
Global Business Major New Projects (North America) Major New Projects (Europe) Office/Rental Housing: Emphasizing the Size and Stability of the Market Television Centre Redevelopment Project 1 Angel Court Major New Projects (China and Asia) Retail facilities and condominiums: Emphasizing population
Slide 11: Progress under VISION 2025
Progress under VISION 2025 (Billions of yen) Trends of Operating Income and net income 3,500 3,000 2,800 Consolidated 2,621 operating income 2,459 Around ¥350 billion 2,326 2,024 2,000 1,860 1,750 Of which: 1,725 1,686 Overseas income 1,558 1,481 Around 30% 1,260 1,318 1,177 1,001 1,000 768 594 ROA