Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — H1 FY2024 Earnings Presentation
10 slides from Mitsui Fudosan's earnings presentation, Nov 12, 2024
Slide 1: The Six Months Ended September 30, 2024 Summary of Financial Results
The Six Months Ended September 30, 2024 Summary of Financial Results November 12, 2024 https://www.mitsuifudosan.co.jp/english/
Slide 2: Summary of Financial Results and Business Highlights: 2Q FY2024
Summary of Financial Results and Business Highlights: 2Q FY2024 Revenue from operations, operating income, and ordinary income are the second highest for 1H following 2Q FY2023 On track to achieve full-year forecast, expected to be the highest ever FY2024 FY2023 Full-year YoY Progress 2Q Results
Slide 3: 2Q FY2024 Financial Results: Leasing
2Q FY2024 Financial Results: Leasing Summary of Business Income by Segment FY2024 FY2023 YoY Billions of Yen 2Q Results 2Q Results Change Leasing Progress rate (Cumulative) (Cumulative) 50% Leasing 85.6 88.9 -3.2 ■Office and Retail Property Sales 63.0 80.1 -17.0 Increase in taxes on overseas to In
Slide 4: 2Q FY2024 Financial Results: Property Sales
2Q FY2024 Financial Results: Property Sales Summary of Business Income by Segment FY2024 FY2023 YoY Billions of Yen 2Q Results 2Q Results Change Property Sales Progress rate (Cumulative) (Cumulative) 37% Leasing 85.6 88.9 -3.2 ■ Property Sales to Individuals Property Sales 63.0 80.1 -17.0 Progress
Slide 5: 2Q FY2024 Financial Results: Management
2Q FY2024 Financial Results: Management Summary of Business Income by Segment FY2024 FY2023 YoY Billions of Yen 2Q Results 2Q Results Change Management Progress rate (Cumulative) (Cumulative) 57% Leasing 85.6 88.9 -3.2 ■ Property Management Property Sales 63.0 80.1 -17.0 Improvement in occupancy r
Slide 6: 2Q FY2024 Financial Results: Facility Operations
2Q FY2024 Financial Results: Facility Operations Summary of Business Income by Segment FY2024 FY2023 YoY Billions of Yen 2Q Results 2Q Results Change Facility Operations Progress rate (Cumulative) (Cumulative) 65% Leasing 85.6 88.9 -3.2 ■Hotel & Resorts Property Sales 63.0 80.1 -17.0 Significant i
Slide 7: Net Interest Burden & Extraordinary Gains and Losses
2Q FY2024 Financial Results: Net Interest Burden & Extraordinary Gains and Losses Net interest burden: -¥38.8 billion (-¥5.0 billion YoY) * Initial full-year forecast of net interest burden: -¥79.0 billion Extraordinary income/loss: ¥10.6 billion (- ¥43.3 billion YoY) * Initial full-year forecas
Slide 8: Consolidated Balance Sheet Summary
2Q FY2024 Financial Results: Consolidated Balance Sheet Summary Total assets ¥9.9 trillion (+ ¥473.8 billion vs. previous FY-end, including + ¥336.4 billion in forex impact) Interest-bearing debt ¥4.9 trillion (+ ¥471.0 billion vs. previous FY-end, including + ¥71.9 billion in forex impact) * En
Slide 9: Full-year Forecasts
2Q FY2024 Financial Results: Full-year Forecasts On track to achieve full-year forecast Both operating revenue and net profit are expected to reach record highs. Full-year earnings forecast announced at the beginning of the fiscal year unchanged No change in the interim dividend forecast of ¥1
Slide 10: Disclaimer
Disclaimer This presentation contains forward-looking statements including details regarding the Companyʼs 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