- JP-listed companies
- Mitsubishi Estate Company, Limited
Mitsubishi Estate Company, LimitedJP:8802
Market cap
¥3.02T
P/E ratio
20.7x
| Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | |
| Profit (loss) before income taxes | 56,741 | 108,685 | 100,201 | 141,850 | 162,881 | 191,457 | 210,939 | 223,949 | 201,265 | 253,779 | 252,902 | 274,532 |
| Depreciation | 73,364 | 74,805 | 72,696 | 74,245 | 75,974 | 77,545 | 80,336 | 84,941 | 89,107 | 91,581 | 93,459 | 98,301 |
| Loss (gain) on sale and retirement of property, plant and equipment | 11,560 | -3,131 | -31,727 | 2,931 | 3,247 | -1,378 | 5,551 | 4,064 | -7,263 | 12,557 | 750 | -7,309 |
| Loss (gain) on sale of securities | -260 | -314 | -81 | -11,350 | -1,013 | -9 | -6,072 | -1,690 | -3,021 | -7,987 | -3,303 | -30,280 |
| Loss on valuation of shares of subsidiaries and associates | - | - | - | - | - | - | - | - | - | - | 2,599 | - |
| Loss on valuation of equity investments | 8,985 | 7,648 | - | - | - | - | - | - | - | - | 7,264 | 12,138 |
| Impairment losses | 2,826 | 32,644 | 73,725 | 2,561 | 12,260 | 5,508 | - | 10,844 | 4,679 | 3,866 | 3,535 | - |
| Bond issuance costs | 573 | 2 | 78 | 1,660 | 194 | 395 | 70 | 401 | 1,057 | 435 | 266 | 209 |
| Amortization of goodwill | 3,496 | 4,598 | 4,667 | 6,144 | 5,473 | 5,561 | 3,282 | 2,666 | 3,022 | 2,544 | 3,170 | 3,712 |
| Gain on amortization of negative goodwill | - | - | - | - | - | - | - | - | - | - | - | -4,850 |
| Share of loss (profit) of entities accounted for using equity method | -517 | -1,547 | -1,372 | -605 | -872 | -419 | -263 | -229 | -307 | -332 | -260 | -308 |
| Increase (decrease) in provisions | 4,973 | -7,180 | 317 | 15,525 | -989 | -49 | -1,170 | 12 | -322 | -3,526 | -32 | 85 |
| Increase (decrease) in retirement benefit liability | - | -2,746 | 309 | -2,780 | 4,330 | -1,461 | -3,227 | -4,334 | -1,553 | -3,855 | -9,486 | -6,585 |
| Interest and dividend income | -4,023 | -4,109 | -4,865 | -4,840 | -4,902 | -5,849 | -7,581 | -8,178 | -16,966 | -7,997 | -8,628 | -10,676 |
| Interest expenses | 24,594 | 22,176 | 21,099 | 20,189 | 22,743 | 23,121 | 23,503 | 22,100 | 21,602 | 20,742 | 25,001 | 35,996 |
| Decrease (increase) in accounts receivable - trade, and contract assets | - | - | - | - | - | - | - | - | - | - | -6,084 | -18,178 |
| Decrease (increase) in inventories | 43,173 | 93,854 | 110,219 | -33,202 | 84,853 | 86,614 | 132,337 | 148,161 | 56,443 | 116,993 | 7,462 | 130,702 |
| Decrease(increase) in equity investments | -24,319 | -18,180 | -35,973 | -32,487 | -32,460 | -53,837 | -9,124 | -43,217 | -21,048 | -30,267 | -5,399 | -184,048 |
| Decrease (increase) in advance payments to suppliers | 1,764 | -1,382 | 668 | -1,283 | 1,069 | 731 | -3,389 | 1,162 | -1,771 | 266 | 2,293 | 256 |
| Decrease (increase) in leasehold and guarantee deposits | -11,083 | -2,337 | 904 | -2,987 | 1,458 | -1,917 | -6,176 | -11,248 | -10,342 | -3,722 | -442 | -6,955 |
| Increase (decrease) in trade payables | -13,833 | 49,165 | -9,708 | -41,614 | -5,837 | 7,119 | -7,379 | 11,006 | -3,821 | 474 | 4,132 | 20,668 |
| Increase (decrease) in accrued consumption taxes | 5,004 | 3,614 | 2,616 | -4,672 | 2,404 | 8,269 | -12,663 | 15,248 | -9,023 | 1,555 | 2,792 | -991 |
| Increase (decrease) in leasehold and guarantee deposits received | 5,965 | 3,995 | -1,729 | 11,489 | -4,896 | 16,669 | 25,599 | 19,200 | 7,837 | -15,024 | -2,894 | 1,882 |
| Other, net | -24,920 | 29,040 | -33,245 | 33,428 | -72,601 | 2,533 | 8,831 | -71,523 | -50,494 | -76,589 | -20,700 | 89,518 |
| Subtotal | 174,363 | 383,216 | 250,585 | 173,301 | 237,609 | 356,266 | 415,690 | 401,453 | 269,747 | 345,246 | 348,396 | 397,819 |
| Interest and dividends received | 6,277 | 4,530 | 5,120 | 5,312 | 5,641 | 6,148 | 7,688 | 8,189 | 16,673 | 7,704 | 9,620 | 9,832 |
| Interest paid | -24,940 | -22,154 | -21,267 | -19,210 | -22,532 | -22,830 | -23,606 | -22,239 | -21,605 | -20,653 | -23,797 | -34,767 |
| Income taxes refund (paid) | - | - | - | - | - | - | - | - | -57,400 | -52,206 | -64,305 | -65,634 |
| Net cash provided by (used in) operating activities | 122,286 | 336,489 | 200,078 | 135,821 | 168,527 | 293,338 | 345,954 | 341,766 | 207,414 | 280,090 | 269,914 | 307,249 |
| Proceeds from withdrawal of time deposits | 462 | 412 | 642 | 592 | 827 | 732 | 347 | 816 | 657 | 2 | 544 | 2 |
| Payments into time deposits | -412 | -412 | -642 | -592 | -742 | -519 | -858 | -744 | -12 | -411 | -2 | -2 |
| Proceeds from sale and redemption of securities | 181 | - | 110 | 10 | 9,100 | 18,981 | 10,258 | 5,749 | 2,688 | 1,461 | 2,314 | 1,855 |
| Purchase of securities | - | - | - | - | -10,615 | -12,491 | -3,236 | -4,076 | -3,294 | -1,514 | -2,360 | -1,402 |
| Proceeds from sale of property, plant and equipment | 9,948 | 32,440 | 165,888 | 21,840 | 11,223 | 13,523 | 4,732 | 105,810 | 30,403 | 14,570 | 17,047 | 68,040 |
| Purchase of property, plant and equipment | -206,608 | -159,366 | -176,877 | -273,365 | -274,686 | -286,506 | -283,307 | -331,722 | -315,784 | -328,591 | -286,301 | -451,402 |
| Proceeds from sale and redemption of investment securities | 2,247 | 1,034 | 514 | 18,055 | 1,534 | 5,277 | 13,871 | 5,275 | 14,186 | 9,562 | 7,717 | 41,388 |
| Purchase of investment securities | -2,804 | -1,401 | -832 | -1,548 | -7,749 | -17,240 | -8,258 | -36,565 | -16,712 | -7,488 | -5,453 | -9,192 |
| Purchase of leasehold interests in land | - | - | - | - | - | - | - | - | -4,056 | -523 | -221 | - |
| Proceeds from collection of short-term loans receivable | 13,415 | 4,212 | 16 | 12 | 14 | 6 | 1,300 | 108 | 5,104 | 50 | 105 | 382 |
| Short-term loan advances | -17,777 | -8 | -5 | - | -2 | -1,339 | -1,051 | -6,132 | -850 | -4,960 | -397 | -792 |
| Proceeds from collection of long-term loans receivable | 67 | 68 | 88 | 38 | 74 | 60 | 53 | 41 | 112 | 9,545 | 11 | 35 |
| Long-term loan advances | -9 | -10 | -14 | -4 | - | -28 | -1,728 | -9,605 | -588 | -74 | -247 | -2,580 |
| Purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | -34,441 | -3,040 | -52,929 | -7,154 | -9,319 | - | - | -455 | -33,421 | - |
| Other, net | -1,658 | -4,168 | -2,232 | -3,000 | -279 | -1,166 | -7,283 | -10,759 | -9,156 | -8,289 | -11,381 | -8,350 |
| Net cash provided by (used in) investing activities | -217,992 | -133,537 | -46,568 | -231,003 | -327,292 | -286,841 | -271,083 | -277,440 | -297,303 | -313,778 | -312,046 | -362,017 |
| Net increase (decrease) in short-term borrowings | -13,301 | -20,905 | 10,219 | 26,262 | -25,278 | 66,723 | -73,021 | 29,196 | 27,400 | 26,104 | 16,728 | 14,760 |
| Repayments of finance lease liabilities | -1,807 | -1,907 | -973 | -1,107 | -745 | -892 | -353 | -2,920 | -630 | -378 | -697 | -537 |
| Proceeds from long-term borrowings | 399,752 | 165,587 | 286,762 | 247,372 | 263,710 | 180,713 | 139,325 | 249,967 | 252,874 | 261,114 | 249,592 | 383,780 |
| Repayments of long-term borrowings | -486,374 | -207,047 | -446,958 | -115,717 | -166,494 | -158,155 | -163,776 | -230,736 | -163,891 | -118,951 | -85,040 | -212,526 |
| Proceeds from issuance of bonds | 187,650 | 15,761 | 41,290 | 255,781 | 34,805 | 75,715 | 21,185 | 92,815 | 184,281 | 129,564 | 59,733 | 59,790 |
| Redemption of bonds | -82,881 | -68,207 | -58,068 | -39,055 | -76,556 | -85,075 | -66,162 | -75,000 | -201,550 | -65,000 | -90,000 | -27,033 |
| Purchase of shares of subsidiaries not resulting in change in scope of consolidation | - | - | -32,570 | - | -107 | -80 | -502 | -350 | -113 | -10,442 | -6,346 | -6,815 |
| Net decrease (increase) in treasury shares | -296 | -346 | -526 | -216 | -108 | -37 | -16 | -100,024 | -23 | -29,861 | -45,822 | -54,260 |
| Dividends paid | -16,652 | -16,658 | -16,656 | -20,670 | -25,112 | -31,913 | -37,761 | -44,103 | -40,117 | -46,792 | -51,579 | -50,042 |
| Dividends paid to non-controlling interests | - | - | -5,028 | -8,411 | -8,596 | -12,121 | -14,447 | -9,742 | -11,035 | -11,457 | -18,846 | -17,139 |
| Proceeds from share issuance to non-controlling shareholders | - | - | - | - | - | - | 2,808 | 11,807 | 3,037 | 7,054 | 3,122 | 11,229 |
| Other, net | 15,157 | -1 | 5,399 | -6,999 | -436 | 2,327 | 3,057 | 204 | 194 | 18 | -386 | -771 |
| Net cash provided by (used in) financing activities | 27,150 | -177,514 | -189,109 | 309,237 | -4,921 | 37,203 | -192,473 | -28,886 | 50,425 | 90,973 | 30,457 | 100,433 |
| Effect of exchange rate change on cash and cash equivalents | 3,838 | 8,321 | 1,235 | -153 | -5,144 | -183 | -1,796 | -1,626 | -1,237 | 4,651 | 5,244 | 4,589 |
| Net increase (decrease) in cash and cash equivalents | -64,716 | 33,758 | -34,363 | 213,902 | -168,830 | 43,517 | -119,398 | 33,813 | -40,701 | 61,937 | -6,430 | 50,255 |
| Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation | 42,724 | - | 6,658 | - | - | - | 13,903 | - | - | - | 762 | - |
| Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation | -1,942 | -856 | - | - | -219 | - | -2,055 | -113 | - | - | -2,804 | -62 |