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Mitsubishi Estate Logistics REIT Investment Corp.
(3481)
Mitsubishi Estate Logistics REIT Investment Corp. (3481) vs. iShares MSCI Japan ETF (EWJ)
Mitsubishi Estate Logistics REIT Investment Corp. Business Overview & Revenue Model
Mitsubishi Estate Logistics REIT Investment Corp. Financial Statement Overview
| Breakdown | TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.81B | 16.91B | 14.66B | 11.31B | 9.16B | 6.54B |
| Gross Profit | 10.65B | 11.36B | 9.43B | 7.34B | 5.86B | 4.28B |
| EBITDA | 13.03B | 11.91B | 10.01B | 7.95B | 6.42B | 4.61B |
| Net Income | 9.63B | 8.55B | 6.94B | 5.52B | 4.45B | 3.29B |
Balance Sheet | ||||||
| Total Assets | 282.13B | 282.35B | 271.36B | 228.17B | 181.21B | 120.48B |
| Cash, Cash Equivalents and Short-Term Investments | 16.88B | 4.68B | 4.49B | 4.24B | 4.67B | 3.50B |
| Total Debt | 113.05B | 113.05B | 103.18B | 82.07B | 59.27B | 35.37B |
| Total Liabilities | 121.76B | 121.94B | 111.49B | 88.55B | 64.80B | 38.83B |
| Stockholders Equity | 160.37B | 160.41B | 159.87B | 139.62B | 116.41B | 81.65B |
Cash Flow | ||||||
| Free Cash Flow | 11.69B | -1.40B | -34.22B | -39.65B | -51.87B | -26.30B |
| Operating Cash Flow | 20.16B | 15.29B | 12.20B | 6.91B | 6.08B | 4.81B |
| Investing Cash Flow | -8.39B | -16.34B | -45.47B | -46.10B | -56.45B | -30.46B |
| Financing Cash Flow | -8.90B | 1.85B | 34.24B | 40.33B | 54.12B | 27.72B |
Mitsubishi Estate Logistics REIT Investment Corp. Technical Analysis
Mitsubishi Estate Logistics REIT Investment Corp. Peers Comparison
Mitsubishi Estate Logistics REIT Investment Corp. Corporate Events
Mitsubishi Estate Logistics REIT Investment Corporation announced the repurchase of 7,526 investment units in June 2025, totaling approximately 887 million yen. This buyback is part of a broader repurchase program authorized by the board, aiming to enhance shareholder value and optimize capital structure, with a maximum of 30,000 units to be repurchased by July 31, 2025.
Mitsubishi Estate Logistics REIT Investment Corporation announced the prepayment of a 300 million yen bank loan using cash on hand, scheduled for June 23, 2025. This move will not affect the company’s financial forecasts for the fiscal periods ending in August 2025 and February 2026, as the impact of the prepayment is already included in the forecasts.
Mitsubishi Estate Logistics REIT Investment Corporation has announced the status of its repurchase program for its own investment units, reporting the acquisition of 7,225 units in May 2025, amounting to approximately 844 million yen. This buyback is part of a broader strategy approved by the board to repurchase up to 30,000 units by July 2025, aiming to enhance shareholder value and optimize capital structure.
Mitsubishi Estate Logistics REIT Investment Corporation has announced the repurchase of 2,886 of its own investment units, totaling approximately 337.66 million yen, through open-market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the board to repurchase up to 30,000 units, or 2% of total outstanding units, by July 31, 2025, potentially impacting the company’s market positioning and investor relations.
Mitsubishi Estate Logistics REIT Investment Corporation reported its financial results for the fiscal period ending February 28, 2025, showing a slight decrease in operating revenues and income compared to the previous period. The company also announced a three-for-one split of investment units, effective March 1, 2025, which may impact future distributions and unit valuations. The financial outlook for the upcoming fiscal periods indicates a decrease in operating revenues and income, reflecting potential challenges in maintaining previous growth levels.
Mitsubishi Estate Logistics REIT Investment Corporation announced its decision to repurchase and subsequently cancel its own investment units, aiming to enhance unitholder value. This strategic move is driven by the company’s assessment of its unit price, financial condition, and market environment, intending to improve the distribution per unit (DPU) and net asset value (NAV) per unit.
Mitsubishi Estate Logistics REIT Investment Corporation announced the acquisition of a logistics facility in Osaka, enhancing its portfolio with a property valued below appraisal. This strategic acquisition is expected to contribute to MEL’s steady growth, profitability, and unitholder value by utilizing its hybrid model of leveraging competitive advantages in development and asset management.
Mitsubishi Estate Logistics REIT Investment Corporation announced a decision to secure debt financing totaling 8,770 million yen from MUFG Bank and Mizuho Bank. The funds will be used for working capital and acquisition costs related to a new property, Logicross Osaka Katano. This move will increase the company’s total borrowings, potentially impacting its financial leverage and operational capacity.
Mitsubishi Estate Logistics REIT Investment Corporation and LaSalle LOGIPORT REIT have announced an agreement to explore the securitization of jointly held assets. This strategic move aims to realize unrealized gains and enhance unitholder value by effectively utilizing sales proceeds and maintaining flexibility for future growth opportunities. The agreement involves discussions on implementing asset securitization and potential equity investments in a special purpose vehicle, although no final decisions have been made.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL) has announced a resolution to amend its Articles of Incorporation and elect new directors, which will be proposed at the upcoming general meeting of unitholders. The amendments aim to clarify investment assets and adjust asset management fee calculations, while the election will appoint new executive and supervisory directors, ensuring continuity and compliance with regulatory requirements.