Mitsubishi Estate Posts Strong Q1 Results, Increases Dividend

Mitsubishi Estate Company (JP:8802) has released an update.

Mitsubishi Estate Co., Ltd. reports a positive first quarter for FY2024 with operating revenue up by 12.2% and profit attributable to owners of parent surging by 34.6% compared to the previous year. Total assets increased slightly to ¥7,684,795 million, while the company maintains a stable equity ratio of 31.6%. The company has also announced its dividend forecast for FY2024, with an expected annual payout of ¥43.00 per share.

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