Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — H1 FY2012 Earnings Presentation
20 slides from Mitsui Fudosan's earnings presentation, November 2012
Slide 1: www.mitsuifudosan.co.jp/english
www.mitsuifudosan.co.jp/english
Slide 2: Contents
Contents 1. Summary of Results for the Six Months Ended Sept. 30,2012 (FY2012/2Q） 1-1. Consolidated Income Summary (Overall) 2 1-2. Consolidated Revenue & Operating Income by Segment 3 1-3. Consolidated Income Summary: Leasing Segment 4 1-4. Reference – Nonconsolidated Results: Leasing 5 1-5. Consol
Slide 3: Summary of Results for the Six Months Ended Sept. 30, 2012 (FY2012/2Q)
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q）
Slide 4: Consolidated Income Summary (Overall)
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-1. Consolidated Income Summary (Overall) (Billions of yen) Full-Year Actual/ FY2012/2Q FY2011/2Q Change Forecast Forecast (as of May 2012) Revenue from operations 615.7 573.4 42.2 1,460.0 42.2% Operating income 61.1 47.0 14.1
Slide 5: Consolidated Revenue & Operating Income by Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-2. Consolidated Revenue & Operating Income by Segment (Billions of yen) Full-Year Actual/ FY2012/2Q FY2011/2Q Change Forecast Forecast (as of May 2012) Revenue from operations 615.7 573.4 42.2 1,460.0 42.2% Leasing 218.1 207.6
Slide 6: Leasing Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-3. Consolidated Income Summary: Leasing Segment ◆ Revenue was up ¥10.4 billion and operating income was up ¥5.5 billion due to the contribution of “Mitsui Outlet Park Kisarazu" and “DiverCity Tokyo” which came on-stream during
Slide 7: Reference – Nonconsolidated Results: Leasing
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-4. Reference – Nonconsolidated Results: Leasing Reference: Nonconsolidated ◆ The leasing market of office buildings in the Tokyo Metropolitan Area seems recovering, and the vacancy rate of the Company's office buildings (non-c
Slide 8: Property Sales Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-5. Consolidated Income Summary: Property Sales Segment ◆ In “Property Sales to Individuals” category, the increase of reported number of units and improvement of margin contributed to the increase of revenue and earnings. In “
Slide 9: Property Sales Segment (Property Sales to Individuals)
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-6. Consolidated Income Summary: Property Sales Segment (Property Sales to Individuals) ◆ The status of condominium unit sales continued to be stable, and the progress rate of contracts as of September 30, 2012 was 76% of the 4
Slide 10: Management Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-7. Consolidated Income Summary: Management Segment ◆ IIn “Property “P Management” M ” category, revenue and d earnings i iincreased d partly l d due to an iincrease iin the h number of managed units in the “Repark” (Car Park L
Slide 11: Mitsui Home Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-8. Consolidated Income Summary: Mitsui Home Segment ◆ In “New Construction” category, revenue and earnings decreased due to a decrease of the number of units sold because order backlogs under construction at the beginning of t
Slide 12: Other Segment
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-9. Consolidated Income Summary: Other Segment ◆ In Facility Operations, good progress of hotel operation business contributed to the increase of revenue. In total, revenue was up ¥2.2 billion and operating income improved ¥0.7
Slide 13: Consolidated Balance Sheet Summary
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-10. Consolidated Balance Sheet Summary (Billions of yen) Sepｔ.30,2012 Mar.31,2012 Change Sepｔ.30,2012 Mar.31,2012 Change Current assets 1,159.9 941.7 218.1 Current liabilities 769.4 692.3 77.0 Cash & time deposits 80.2 62.2 18
Slide 14: Consolidated Assets: Real Property for Sale
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-11. Consolidated Assets: Real Property for Sale (Billions of yen) Sept.30,2012 Mar.31,2012 Change Real p property p y for sale (including advances paid for purchases) 882 7 882.7 642 8 642.8 239 9 239.9 Mitsui Fudosan Resident
Slide 15: Consolidated Assets: Tangible & Intangible Fixed Assets
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-12. Consolidated Assets: Tangible & Intangible Fixed Assets ◆ Consolidated balance of tangible and intangible fixed assets stood at ¥2 ¥2,267.5 267 5 billion billion, up 15 15.2 2 billion from the previous year-end. The increa
Slide 16: Consolidated Liabilities: Interest-Bearing Debt
1. Summary of Results for the Six Months Ended Sept. 30,2012（FY2012/2Q) 1-13. Consolidated Liabilities: Interest-Bearing Debt ◆ Consolidated interest-bearing debt stood at ¥1,807.9 billion, up ¥67.9 billion from the previous year-end. The increase was mainly due to new investments in tangible and in
Slide 17: Appendices
Appendices
Slide 18: Innovation 2017: Quantitative Targets and Benchmarks
Appendix 1 Long-Term Business Plan Innovation 2017 :Quantitative Targets and Benchmarks Earnings targets, segment earnings targets, and benchmarks Achieve both earnings growth and sound finances FY2014 Targets FY2017 Goal FY2011 Actual (including SPC figures) (including SPC figures) (excluding SPC
Slide 19: Innovation 2017: Investment and Recovery Plan
Appendix 2 Long-Term Business Plan Innovation 2017 :Investment and Recovery Plan Investment and recovery plan Investments in Japan and overseas to generate future growth (Billions of yen) Area and Type FY2012-FY2014 FY2015-FY2017 FY2012-FY2017 Total Investment 300-400 400-500 Approx. 800 Capital R
Slide 20: Disclaimer
Disclaimer This presentation contains forward-looking statements that are based on information available and our judgment when we issued the presentation, and are subject to risks and uncertainties. Actual results may differ from our forecasts depending on factors including changes in economic condi