Mitsui Fudosan Co (8801) AI Stock Analysis

• Market Cap: ¥5.79T
• Dividend Yield: 1.86%
• Average Volume (3M): 9.38M
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.92
• Revenue Growth: 18.31%
• EPS Growth: 71.89%
• Country: JP
• Employees: 25,593
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 24.55
• Shares Outstanding: 2,755,914,600
• 10 Day Avg. Volume: 8,706,250
• 30 Day Avg. Volume: 9,382,900
• PEG Ratio: 1.32
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 11.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,138.00
• Price Target Upside: 1.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 100.07
• Revenue Forecast (FY): ¥2.69T

• Rating: 78 Outperform
• Price Target: ¥2,400.00 ▲(13.93% Upside)
• Action: Reiterated Date: 11/15/25
• Date: Action: Reiterated 11/15/25

Mitsui Fudosan Co's strong financial performance is the primary driver of its stock score, reflecting robust revenue and profit growth. Technical analysis indicates strong momentum, though caution is advised due to overbought signals. Valuation metrics suggest the stock is fairly priced, with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call and corporate events data does not impact the score.

Positive Factors

Diversified multi-stream business model

A multi-stream model (leasing, development, services, logistics, hospitality) provides durable revenue diversification. Recurring lease income cushions cycles, development drives upside, and fee-based services scale with assets under management, supporting steady cash generation and resilience.

Sustained revenue growth and improving margins

Consistent revenue growth coupled with rising gross and net margins signals improving operational efficiency and pricing power. These structural improvements support sustainable profitability, greater retained earnings for reinvestment, and longer-term capacity to fund projects or reduce leverage.

Strong operating cash flow and free cash flow growth

Healthy operating cash conversion and rising free cash flow enhance financial flexibility to fund development, service obligations, and debt reduction. Reliable cash generation underpins balance-sheet management and strategic investments, a durable advantage for capital-intensive real estate firms.

Negative Factors

Elevated debt / leverage risk

A high total debt profile increases vulnerability to rising interest rates and cyclical revenue downturns. Leverage can constrain strategic flexibility, limit capacity for new development or acquisitions, and require priority cash flow for servicing rather than growth or returns.

Cyclicality of property sales revenue

Reliance on property development and sales creates revenue volatility tied to market timing. Development profit timing can swing earnings across periods, pressuring cash flow in softer markets and complicating forecasting and capital allocation over the medium term.

Geographic concentration in Japan

Concentration in Japanese urban real estate exposes results to domestic economic trends, demographics, and local regulatory shifts. Limited geographic diversification can amplify country-specific cycles and limit offsetting growth from faster-growing markets abroad.

Mitsui Fudosan Co Business Overview & Revenue Model

Company Description

Mitsui Fudosan Co., Ltd. operates as a real estate company in Japan. It operates through four segments: Leasing, Property Sales, Management, and Other. The Leasing segment leases office buildings and commercial facilities, and other properties. The Property Sales segment is involved in the sale of condominiums and detached housing to individuals; and rental housing and office buildings and other to investors. The Management segment engages in the property management and brokerage and asset management businesses. The Other segment engages in the housing construction and renovation business; and housing related material sales business. The company also offers car park leasing services; and operates hotels, golf courses, and resort facilities. In addition, it engages in the renewal work for offices and retail facilities; and electricity transmission and distribution and heat supply businesses, as well as operates as a retailer of flowers and ornamental plants, seeds, and other gardening products. The company was founded in 1941 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Mitsui Fudosan generates revenue through several key streams, including leasing income from its extensive portfolio of commercial and residential properties, sales of developed properties, and real estate management services. The company earns significant income from its commercial properties, which include office buildings, retail spaces, and hotels. Additionally, Mitsui Fudosan engages in residential development, selling condominiums and single-family homes. The company also benefits from partnerships and joint ventures with various stakeholders in the real estate sector, enhancing its reach and operational capabilities. Economic factors such as demand for housing, urban development trends, and the overall performance of the real estate market significantly influence its earnings.

Mitsui Fudosan Co Financial Statement Overview

Summary

Mitsui Fudosan Co presents solid financial health across income, balance sheet, and cash flow metrics. The company exhibits strong revenue and profit growth, supported by efficient operations and a stable financial structure. While leverage remains a point to monitor, overall, the company is on a positive financial trajectory, indicating a well-managed business with growth potential in the diversified real estate sector.

Income Statement

Mitsui Fudosan demonstrates strong financial performance with a consistent increase in total revenue over the years, reflecting robust revenue growth rates. The company's gross profit margin and net profit margin have improved, indicating enhanced profitability. Margins, such as EBIT and EBITDA, have also shown positive trends, signifying operational efficiency. Overall, the income statement shows a healthy growth trajectory and profitability, with minimal weaknesses observed.

Balance Sheet

The balance sheet indicates a stable financial position with a manageable debt-to-equity ratio. The company has shown a steady increase in stockholders' equity, improving its equity ratio over time. The return on equity is competitive, highlighting effective use of equity financing. However, the high level of total debt suggests potential leverage risks, which should be monitored closely.

Cash Flow

Mitsui Fudosan's cash flow statement reveals a strong operating cash flow to net income ratio, demonstrating efficient cash generation from operations. There is significant free cash flow growth, indicating improved financial flexibility. The free cash flow to net income ratio is favorable, reflecting good cash management. Despite these strengths, the company should ensure consistent free cash flow growth to sustain long-term cash flow stability.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	2.80T	2.63T	2.38T	2.27T	2.10T	2.01T
Gross Profit	692.16B	635.13B	593.13B	526.68B	450.44B	397.92B
EBITDA	569.22B	513.25B	473.42B	430.70B	356.48B	301.97B
Net Income	308.01B	248.80B	224.65B	197.00B	176.99B	129.58B
Balance Sheet
Total Assets	9.75T	9.86T	9.49T	8.84T	8.21T	7.74T
Cash, Cash Equivalents and Short-Term Investments	234.28B	164.17B	184.28B	144.26B	156.23B	199.64B
Total Debt	4.52T	4.42T	4.43T	4.05T	3.67T	3.62T
Total Liabilities	6.43T	6.59T	6.25T	5.81T	5.29T	5.09T
Stockholders Equity	3.21T	3.15T	3.11T	2.90T	2.80T	2.56T
Cash Flow
Free Cash Flow	0.00	327.77B	20.87B	-65.04B	29.90B	-88.47B
Operating Cash Flow	0.00	599.25B	241.70B	297.71B	271.47B	187.86B
Investing Cash Flow	0.00	-320.06B	-368.11B	-421.68B	-202.19B	-123.36B
Financing Cash Flow	0.00	-271.28B	141.11B	111.09B	-147.47B	-74.24B

Mitsui Fudosan Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2106.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8801, the sentiment is Positive. The current price of 2106.5 is above the 20-day moving average (MA) of 2018.22, above the 50-day MA of 1890.22, and above the 200-day MA of 1622.86, indicating a bullish trend. The MACD of 67.87 indicates Negative momentum. The RSI at 66.45 is Neutral, neither overbought nor oversold. The STOCH value of 61.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8801.

Mitsui Fudosan Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3289	78 Outperform	$1.13T	12.16	12.53%	2.88%	11.00%	88.70%
8801	78 Outperform	¥5.79T	17.97	9.59%	1.86%	18.31%	71.89%
1878	74 Outperform	¥1.24T	12.82	19.43%	5.16%	5.16%	6.00%
3288	72 Outperform	¥1.35T	12.55	19.60%	1.94%	3.13%	11.87%
8802	71 Outperform	¥6.31T	27.03	7.67%	1.18%	7.97%	13.59%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
8803	63 Neutral	¥174.81B	15.68	8.95%	3.39%	28.94%	109.35%

Mitsui Fudosan Co Corporate Events

Mitsui Fudosan to Cancel 26.3 Million Treasury Shares, Reducing Shares Outstanding

Mitsui Fudosan Co., Ltd. has resolved at its board meeting on February 6, 2026 to cancel 26,275,200 of its treasury shares, representing 0.94% of its issued shares, with the cancellation scheduled for February 27, 2026. The shares to be cancelled were previously repurchased under a 2025 board resolution, and following the cancellation the company’s total number of issued shares will decline to 2,755,914,511, a move that effectively returns capital to shareholders and may enhance earnings per share and capital efficiency for investors.

The most recent analyst rating on (JP:8801) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Mitsui Fudosan Co stock, see the JP:8801 Stock Forecast page.

Mitsui Fudosan Hits Record Q3 Earnings and Raises Full-Year Forecasts

Mitsui Fudosan reported record-high third-quarter cumulative results for the fiscal year ended March 2024, with revenue from operations, operating income, business income, ordinary income and net income all rising significantly year-on-year. Each of its four main segments—Leasing, Property Sales, Management, and Facility Operations—achieved record business income for the third-quarter cumulative period, underscoring broad-based strength across its core real estate activities. Reflecting this strong performance, the company revised its full-year consolidated earnings forecasts upward across all profit lines, signaling improved earnings momentum and a stronger financial outlook for shareholders and other stakeholders.

The most recent analyst rating on (JP:8801) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Mitsui Fudosan Co stock, see the JP:8801 Stock Forecast page.

Mitsui Fudosan Lifts Nine-Month Profit 53% and Raises Full-Year Outlook

Mitsui Fudosan reported strong consolidated results for the nine months ended December 31, 2025, with revenue from operations rising 18.2% year on year to ¥1,981.8 billion and operating income jumping 37.2% to ¥302.6 billion. Business income and ordinary income increased 57.8% and 43.1%, respectively, while net income attributable to shareholders surged 52.7% to ¥219.9 billion, lifting basic earnings per share to ¥79.43. The company’s financial position also strengthened modestly, with total assets edging up to ¥9,975.7 billion, net assets to ¥3,303.6 billion and the equity ratio improving to 32.0%, alongside higher net assets per share.
For shareholders, Mitsui Fudosan confirmed an interim dividend of ¥17 per share for the year ending March 31, 2026 and kept its full-year dividend forecast at ¥34 per share, implying a slight year-on-year increase. The group revised its full-year earnings outlook upward, now projecting fiscal 2025/26 revenue of ¥2.7 trillion, operating income of ¥395.0 billion and net income attributable to shareholders of ¥270.0 billion, all showing mid‑single to low‑double‑digit growth over the prior year. The combination of robust interim profit growth, improved balance sheet metrics and a higher earnings forecast underscores solid operational momentum in the real estate portfolio and supports a continued, albeit modest, enhancement of shareholder returns.

The most recent analyst rating on (JP:8801) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Mitsui Fudosan Co stock, see the JP:8801 Stock Forecast page.

Mitsui Fudosan Advances Share Buyback, Reaches ¥29.1 Billion in Repurchases

Mitsui Fudosan has continued its share repurchase program, buying back 9,843,400 common shares on the Tokyo Stock Exchange between January 1 and January 31, 2026, for a total of ¥17.7 billion. This brings cumulative buybacks under the November 7, 2025 board authorization to 16,224,800 shares for ¥29.1 billion, part of a broader capital policy allowing up to 60 million shares and ¥57 billion in repurchases through March 31, 2026, which is likely aimed at enhancing shareholder returns and optimizing capital structure.

The most recent analyst rating on (JP:8801) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Mitsui Fudosan Co stock, see the JP:8801 Stock Forecast page.

Mitsui Fudosan Reports Progress on ¥57 Billion Share Buyback Program

Mitsui Fudosan has reported progress on its ongoing share repurchase program, buying back 6,381,400 common shares on the Tokyo Stock Exchange between December 1 and December 31, 2025, at a total cost of approximately ¥11.42 billion. This repurchase forms part of a broader board-approved program authorized on November 7, 2025, which allows for up to 60 million shares to be bought back for a maximum of ¥57 billion through March 31, 2026, signaling continued efforts to enhance shareholder returns and optimize capital structure.

The most recent analyst rating on (JP:8801) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Mitsui Fudosan Co stock, see the JP:8801 Stock Forecast page.