Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — H1 FY2023 Earnings Presentation
11 slides from Mitsui Fudosan's earnings presentation, Nov 8, 2023
Slide 1: Summary of Financial Results, Six Months Ended September 30, 2023
The Six Months Ended September 30, 2023 Summary of Financial Results
Slide 2: Summary of Results for the Six Months Ended September 30, 2023
Summary of Results for the Six Months Ended September 30, 2023 New 1H record highs for each of revenues, operating income, ordinary income and net profit* The second consecutive year of new 1H record highs for Operating income The third consecutive year of new 1H record highs for net profit *
Slide 3: Leasing
Summary of Consolidated Income by segment for the Six Months Ended September 30, 2023 The situation of each segment operating income Leasing Billions of Yen FY2023 FY2022 YoY 2Q 2Q Results Results Change Leasing 88.4 75.3 +13.1 ■Office Property Sales 76.4 57.2 +19.1 An increase in leasing revenue
Slide 4: Property Sales
Summary of Consolidated Income by segment for the Six Months Ended September 30, 2023 The situation of each segment operating income FY2023 FY2022 Billions of Yen Property Sales YoY 2Q 2Q Results Results Change ■To individuals (Domestic) Leasing 88.4 75.3 +13.1 Progress in handovers of properties
Slide 5: Management
Summary of Consolidated Income by segment for the Six Months Ended September 30, 2023 The situation of each segment operating income Management Billions of Yen FY2023 FY2022 YoY 2Q 2Q Results Results Change Leasing 88.4 75.3 +13.1 ■Property Management The YoY improvement in occupancy rates Propert
Slide 6: Facility Operations
Summary of Consolidated Income by segment for the Six Months Ended September 30, 2023 The situation of each segment operating income Facility Operations Billions of Yen FY2023 FY2022 YoY 2Q 2Q Change Results Results Leasing 88.4 75.3 +13.1 ■Hotel and Resorts Property Sales 76.4 57.2 +19.1 A substa
Slide 7: Ordinary Income for the Six Months Ended September 30, 2023
Summary of Consolidated Income for the Six Months Ended September 30, 2023 Net Interest Income and Expense -¥33.8B, deteriorated by ¥12.9B YoY *1 Net Interest Income and Expense of Previous Forecast (As of May10,2023) -¥80.0B Ordinary Income ¥154.4B, up +¥34.1B YoY *2 Net profit ¥129.2B, up +¥
Slide 8: Revision of Earning Forecast for the Year to March 2024
Revision of Earning Forecast for the Year to March 2024 (Announced : Nov. 8, 2023) Operating Income ¥335.0B, up +¥5.0B from the previous forecast (reflecting the strong operating conditions at the Facility Operations segment) Ordinary Income ¥255.0B, up +¥10.0B from the previous forecast (reflec
Slide 9: Revision of Dividend Forecast for the Year to March 2024
Revision of Dividend Forecast for the Year to March 2024 (Announced on Nov. 8, 2023) The Annual dividend forecast will be ¥70/share , an increase of ¥2/share from the previous forecast (Announced on May10,2023) of ¥68/share - An increase of Interim dividend by ¥1 from the previous forecast ¥34 to
Slide 10: Balance Sheet on September 30, 2023
Summary of Consolidated Balance Sheet on September 30,2023 and forecasts for the Year to March 2024 Total Assets ￥9.5 trillion （ Compared to the end of FY2022, up ＋¥685.7B including the impact of foreign exchange by ￥215.1B） Interest-bearing debt ￥4.6 trillion （ Compared to the end of FY2022, up
Slide 11: 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