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The latest announcement is out from Mitsubishi Estate Company ( (JP:8802) ).
Mitsubishi Estate Co., Ltd.’s financial results for FY2024 3Q show an increase in operating profit and profit attributable to owners, driven by strong performance in commercial property and residential businesses, despite some deferred international property sales. The company maintained its full-year profit forecasts, capitalizing on stable domestic transaction markets and increasing fee incomes, which suggest a continued robust positioning in the real estate industry.
More about Mitsubishi Estate Company
Mitsubishi Estate Co., Ltd. operates in the real estate industry, focusing on commercial and residential property businesses, architectural design and engineering, and real estate services. The company is actively involved in property leasing, management, and development, with a significant presence both domestically in Japan and internationally.
YTD Price Performance: 4.11%
Average Trading Volume: 1,273
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $17.96B
Learn more about 8802 stock on TipRanks’ Stock Analysis page.
