Mitsui Fudosan Co., Ltd. · TSE:8801
Mitsui Fudosan — FY2011 Earnings Presentation
26 slides from Mitsui Fudosan's earnings presentation, May 2012
Slide 1: www.mitsuifudosan.co.jp/english
www.mitsuifudosan.co.jp/english
Slide 2: Contents
Contents 1. Summary of Results for the Year Ended March 2012 (FY2011) 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. Consolidated Incom
Slide 3: Summary of Results for the Year Ended March 2012 (FY2011)
1. Summary of Results for the Year Ended March 2012 (FY2011)
Slide 4: Consolidated Income Summary (Overall)
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-1. Consolidated Income Summary (Overall) (Billions of yen) Year Ended Year Ended Full-Year Actual/ March 2012 March 2011 Change Forecast Forecast (FY2011) (FY2010) (as of Oct.2011) R Revenue ffrom operations ti 1 338 1 1,338.1 1 405 2 1,
Slide 5: Consolidated Revenue & Operating Income by Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-2. Consolidated Revenue & Operating Income by Segment (Billions of yen) Year Ended Year Ended Full-Year March 2012 March 2011 Change Forecast (FY2011) (FY2010) (as of Oct.2011) Revenue from operations 1,338.1 1,405.2 -67.1 1,360.0 Leasin
Slide 6: Consolidated Income Summary: Leasing Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-3. Consolidated Income Summary: Leasing Segment Although, there was an impact from the decrease in revenue in the existing building, properties that came on-stream during the previous period such as the “Sumitomo Mitsui Banking Corpora
Slide 7: Reference – Nonconsolidated Results: Leasing
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-4. Reference – Nonconsolidated Results: Leasing Reference: Nonconsolidated ◆ Reference: Vacancy Rate at Fiscal Year-end (Nonconsolidated) （%） 8 Mar. 31,2012 Mar. 31,2011 6 4.4 Office buildings (Total) 4.6% 4.4% 3.9 4.0 4 Metropolitan Tok
Slide 8: Consolidated Income Summary: Property Sales Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-5. Consolidated Income Summary: Property Sales Segment Factors including a decrease in the number of units booked in the "Property Sales to Individuals" category, caused by the adjustment in construction schedule due to the earthquake,
Slide 9: Property Sales to Individuals
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-6. Consolidated Income Summary: Property Sales Segment (Property Sales to Individuals) （Units) ◆ Property Sales to Individuals Year Ended Year Ended March 2012 March 2011 Change (FY2011) (FY2010) Contracts at beginning of the year 1 733
Slide 10: Consolidated Income Summary: Management Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-7. Consolidated Income Summary: Management Segment Both revenue and earnings were increased in the "Property Management" category due to an increase in the number of units managed in our "Repark" (Car Park Leasing) business and an incr
Slide 11: Consolidated Income Summary: Mitsui Home Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-8. Consolidated Income Summary: Mitsui Home Segment In the “New Construction” category, revenue was increased due to factors including the amount of orders at the beginning of the year larger than that in the previous fiscal year and a
Slide 12: Consolidated Income Summary: Other Segment
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-9. Consolidated Income Summary: Other Segment Due to factors including the revenue for Mitsui Home Remodeling Co., Ltd (Note) moved to this segment, revenue was up ¥8.5 billion from the previous period, and operating income was down ¥1
Slide 13: Consolidated Balance Sheet Summary
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-10. Consolidated Balance Sheet Summary (Billions of yen) Mar.31,2012 Mar.31,2011 Change Mar.31,2012 Mar.31,2011 Change Current assets 941 7 941.7 929 1 929.1 12 5 12.5 Current liabilities 692 3 692.3 655 8 655.8 36 4 36.4 Cash & time dep
Slide 14: Consolidated Assets: Real Property for Sale
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-11. Consolidated Assets: Real Property for Sale (Billions of yen) Mar.31,2011 Mar.31,2011 Change Real property for sale (including advances paid for purchases) 642.8 634.4 8.3 Mitsui Fudosan Residential * 407.2 406.0 1.1 Mitsui Fudosan 2
Slide 15: Consolidated Assets: Tangible & Intangible Fixed Assets
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-12. Consolidated Assets: Tangible & Intangible Fixed Assets The Th consolidated lid t d bbalance l off ttangible ibl and d iintangible t ibl fifixed d assets t att th the end d off th the period i d was ¥2 ¥2,304.8 304 8 billion, billi
Slide 16: Consolidated Liabilities: Interest-Bearing Debt
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-13. Consolidated Liabilities: Interest-Bearing Debt Net cash proided by operating activities was ¥148.1 billion while there were ¥124.3 billion net cash used in investing activities due to newly invested tangible and intangible fixed a
Slide 17: Consolidated Cash Flow Summary
1. Summary of Results for the Year Ended March 2012 (FY2011) 1-14. Consolidated Cash Flow Summary (Billions of yen) Year Ended Year Ended March 2012 March 2011 Change (FY2011) (FY2010) Cash flows from operating activities 148.1 185.0 -36.8 Cash flows from investing activities -124.3 -170.5 46.1 C h
Slide 18: Forecast for the Year to March 2013 (FY2012)
2. Forecast for the Year to March 2013 (FY2012)
Slide 19: Consolidated Income Statements Forecast
2. Forecast for the Year to March 2013 (FY2012) 2-1. Consolidated Income Statements ◆ Consolidated Income Statements (Billions of yen) ◆Segment Forecasts Year to Year Ended March 2013 March 2012 Change ●Leasing: Retail facilities scheduled to newly open in the next (FY2012) (FY2011) fiscal year, "Mi
Slide 20: Financial Position & Property Sales to Individuals
2. Forecast for the Year to March 2013 (FY2012) 2-2. Financial Position & Property Sales to Individuals (Reference) (Billions of yen) ◆ Financial Position Year to March Year Ended 2013 (FY2012) March 2012 Change Forecast (FY2011) Actual Real property for sale (including Advances Paid for Purchases)
Slide 21: Appendices
Appendices
Slide 22: Assets under Management
Appendix 1 Assets under Management Assets under Management (Trillions of yen) 2.80 2.80 2.92 3 2.70 2.70 2.35 2.15 2 1.80 1.44 1.20 1 0 FY ended 3/2003 3/2004 3/2005 3/2006 3/2007 3/2008 3/2009 3/2010 3/2011 3/2012 18
Slide 23: SPC Investments and Off-Balance-Sheet Debt
Appendix 2 SPC Investments and Off-Balance-Sheet Debt (March 31, 2012) Total exposure: JPY 481.0 bn (Billions of yen) A Assets t 481 0 481.0 D bt Debt 357 0 357.0 Assets to be 52.0 Off-balance- 357.0 valued up sheet debt Assets for Propertyy Sales Assets to be 160.0 Business: developed JPY 212.0 bn
Slide 24: Innovation 2017: Quantitative Targets and Benchmarks
Appendix 3 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 25: Innovation 2017: Investment and Recovery Plan
Appendix 4 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 26: 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