Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — FY2018 Earnings Presentation
15 slides from Mitsui Fudosan's earnings presentation, May 14, 2019
Slide 1: Analyst Meeting Presentation
Year Ended March 31, 2019 Analyst Meeting Presentation May 14, 2019 https://www.mitsuifudosan.co.jp/english/
Slide 2: Long-Term Vision VISION 2025
Long-Term Vision VISION 2025 ▶Successfully establish a sustainable society through the creation of neighborhoods 2025 目指す姿 ▶Harness technology to innovate the real estate business VISION ① ② ▶Evolve into a global company Customer-centered management Achieve Society 5.0 Basic Contribute to the SDGs S
Slide 3: Progress under VISION 2025: Create new added value
Progress under VISION 2025 Drive evolution in the creation of neighborhoods/Create new mixed-use neighborhoods (business development in Japan) Create new mixed-use neighborhoods in central Tokyo Nihonbashi Muromachi Mitsui Tower OH-1 Project Shinnihonbashi Sta OVOL Nihonbashi Building Nihonbahi Muro
Slide 4: Progress under VISION 2025: Expand the pipeline
Progress under VISION 2025 Drive evolution in the creation of neighborhoods/Expand the pipeline going forward (Mitsui growth driver) 【Major New Projects】 Overseas projects 【The Company’s office floor space】 FY Project name Share Location Total Floor Space Compared with the year ended March 31, 2018
Slide 5: Nihonbashi smart energy business and life science business
Progress under VISION 2025 Drive evolution in the creation of neighborhoods/ Nihonbashi smart energy business・Life science business Japan’s first power and heat supply business Creating a place Constructing for surrounding areas communities Kodenmacho Sta. MFPR Nihonbashi Honcho Building Shin-Nihonb
Slide 6: Retail facility business: Expand the pipeline
Progress under VISION 2025 Retail facility business/Expand the pipeline going forward 【The Company’s SC floor space】 New retail Compared with the year ended March 31, 2018 ▶ facilities in Japan and overseas Around 2025 Up by approx. 1.5 times 【Major New Projects】 Overseas projects FY Store Floor Pro
Slide 7: Housing business: Inventories and land bank
Progress under VISION 2025 Housing business/Strengthen competitiveness and pipeline going forward Land Bank (Condominiums) As of March 31, 2019 Further enhance Mitsui Fudosan’s strengths Approximately 26,000 units （incl. redevelopment projects in the planning phase） Large-scale redevelopment; Centra
Slide 8: Logistics facility business
Progress under VISION 2025 Logistics facility business/ Expand the pipeline going forward・Contribute to growth in the investment market 【Number of facilities under development Asset size: ¥75.5 billion ¥155.7 billion ▶ 16 facilities and in operation】 9 facilities (Listing date: August 2, 2016) (As o
Slide 9: Hotel and resort business
Progress under VISION 2025 Hotel and resort business/Expand the pipeline going forward 【Occupancy Rate/Average Daily Rate】 【Number of Rooms】 【Major New Projects】 Overseas projects ⋆Total of Mitsui Garden Hotels ＆ THE CELESTINE HOTELS FY No.of 16,000 Project Name Location (Yen) (%) ≈ 15,000 rooms Ope
Slide 10: Dramatically grow the overseas business
Progress under VISION 2025 Dramatically grow the overseas business Trends in /Mitsui Fudosan’s strengths overseas income FY2016 FY2017 FY2018 (billion yen) Strength of Mitsui Fudosan = Overall Strength 60.0 55.4 （19.8%） Development 50.0 18.2 Leasing 40.0 Investment 1.5 30.0 19.8 18.2 （8.3%） （7.2%） 1
Slide 11: Overseas business: Future growth scenario
Progress under VISION 2025 Dramatically grow the overseas business/Future growth scenario * MOP = Mitsui Outlet Park Profit 55 Hudson Yards, MOP Taichung Port, Successive opening of rental housing and 50 Hudson Yards, LaLaport Taichung, etc. increase etc. retail facilities Further increases in leasi
Slide 12: Portfolio strategies (realization of development profit)
Progress under VISION 2025 Portfolio strategies (realization of development profit) Rental properties Creation of Income Gain (tangible and -Stable rental income growth- intangible assets) 【Leasing Segment Operating Income Trends】 (Billions of yen) Regular 150.0 135.7 138.3 141.9 124.1 portfolio 120
Slide 13: Basic capital policy
Progress under VISION 2025 Basic capital policy ▶Undertaking the stable payment of dividends Shareholder Return while flexibly repurchasing own shares： Enhancements Total shareholder return ratio =Around 35% Continuously Enhance of profit attributable to owners of parent. [Our VISION 2025] Corporate
Slide 14: Trends of operating income and net income
Progress under VISION 2025 (Billions of yen) Trends of Operating Income and net income Aim to achieve sustainable 350.0 profit growth toward around 2025 300.0 262.1 267.0 Consolidated 245.9 232.6 operating income Around ¥350 billion 202.4 200.0 186.0 172.5 168.6 170.0 155.8 148.1 Of which: 126.0 131
Slide 15: Disclaimer
Disclaimer This presentation contains forward-looking statements including details regarding the Company’s business results forecasts, development plans, and targets. All forward-looking statements are based on judgments derived from the information available to the Company at the time this presenta