Mitsubishi Estate Company (8802) AI Stock Analysis

• Market Cap: ¥3.28T
• Dividend Yield: 1.54%
• Average Volume (3M): 3.85M
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.93
• Revenue Growth: 4.99%
• EPS Growth: 14.16%
• Country: JP
• Employees: 11,045
• Sector: Real Estate
• Sector Strength: 62
• Industry: Real Estate - Diversified
• EPS (TTM): 66.81
• Shares Outstanding: 1,250,838,700
• 10 Day Avg. Volume: 3,617,080
• 30 Day Avg. Volume: 3,848,606
• PEG Ratio: 1.21
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.17
• 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: ¥3,165.29
• Price Target Upside: 18.51% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 71 Outperform
• Price Target: ¥2,882.00 ▲(7.90%Upside)

The overall stock score reflects strong financial performance and technical indicators suggesting bullish momentum. The company's valuation is fair, with a moderate dividend yield. However, challenges in converting earnings to positive free cash flow due to high capital expenditures slightly dampen the outlook.

Positive Factors

Earnings Outlook

FY2025 earnings outlook upgraded with larger share buyback and higher dividends.

Record Profit

Record profit driven by strong capital gains and investment management recovery.

Negative Factors

Macroeconomic Concerns

Macroeconomic concerns could cause weakness in the office market especially in Tokyo.

Property Sales Market

Weakening property sales market could impact residential and commercial property sales.

Mitsubishi Estate Company Business Overview & Revenue Model

Company Description

Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. The company is involved in the development, leasing, property management, and sale of office buildings; planning, development, and tenant leasing of retail facilities/outlets; investment, development, operational management, and asset management of logistics facilities; operation of 16 hotels under the Royal Park Hotels brand in Japan and the Marunouchi Hotel in the Marunouchi area; and operation of Takamatsu Airport, Miyako Shimojishima Airport Terminal, Mt. Fuji Shizuoka Airport, and seven airports in Hokkaido. It also engages in the development and rebuilding, redevelopment, purchasing and sale, brokerage, and management of condominiums; and rental of apartments. In addition, the company provides real estate investment trust, as well as private placement funds management services. Further, it offers architectural design and engineering services, including construction, civil engineering, and urban and regional development planning and consulting. Additionally, the company provides real estate problem-solving solutions, such as real estate brokerage, condominium and office building leasing management support, and real estate appraisal. Mitsubishi Estate Co., Ltd. was founded in 1890 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Mitsubishi Estate Company generates revenue primarily through real estate leasing and sales. The Office Building segment contributes significantly to its income by leasing office spaces in prime locations. The Lifestyle Property segment includes retail and commercial spaces, generating rental income from shopping centers and mixed-use developments. The Residential segment earns from the sale and leasing of residential properties, including condominiums and apartments. Furthermore, the International Business segment enhances revenue through overseas real estate developments and investments. Partnerships with global developers and participation in large-scale urban development projects also play crucial roles in its earnings strategy. Additionally, Mitsubishi Estate generates income from property management services, real estate brokerage, and consulting services.

Mitsubishi Estate Company Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.63T	1.50T	1.38T	1.35T	1.21T	1.30T
	Gross Profit
436.62B	392.27B	397.04B	374.76B	317.76B	335.16B
	EBIT
326.29B	278.63B	296.70B	278.98B	224.39B	240.77B
	EBITDA
428.29B	412.54B	393.33B	373.10B	316.52B	328.38B
	Net Income Common Stockholders
196.68B	168.43B	165.34B	155.17B	135.66B	148.45B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
306.15B	1.24T	945.00B	861.92B	670.85B	666.07B
	Total Assets
7.87T	7.58T	6.87T	6.49T	6.07T	5.86T
	Total Debt
3.45T	3.14T	2.87T	2.74T	2.52T	2.43T
	Net Debt
3.15T	2.86T	2.65T	2.50T	2.35T	2.22T
	Total Liabilities
5.26T	4.96T	4.49T	4.26T	4.01T	3.92T
	Stockholders Equity
2.39T	2.40T	2.16T	2.00T	1.85T	1.73T
Cash Flow		Free Cash Flow
83.63B	-144.15B	-16.61B	-49.02B	-112.43B	9.91B
	Operating Cash Flow
249.03B	307.25B	269.91B	280.09B	207.41B	341.77B
	Investing Cash Flow
-84.01B	-362.02B	-312.05B	-313.78B	-297.30B	-277.44B
	Financing Cash Flow
-206.56B	100.43B	30.46B	90.97B	50.42B	-28.89B

Mitsubishi Estate Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2671.00
• 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:8802, the sentiment is Positive. The current price of 2671 is above the 20-day moving average (MA) of 2600.07, above the 50-day MA of 2521.32, and above the 200-day MA of 2301.87, indicating a bullish trend. The MACD of 47.39 indicates Negative momentum. The RSI at 62.07 is Neutral, neither overbought nor oversold. The STOCH value of 63.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8802.

Mitsubishi Estate Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3288	80 Outperform	¥755.49B	8.34	18.00%	2.55%	10.51%	-9.28%
3289	78 Outperform	$744.85B	9.53	9.70%	3.37%	4.28%	12.70%
8801	71 Outperform	$3.79T	15.31	7.82%	2.16%	10.16%	11.31%
8802	71 Outperform	¥3.28T	17.68	7.53%	1.54%	4.99%	14.16%
1878	71 Outperform	$1.06T	10.87	21.32%	4.16%	6.40%	28.80%
8905	69 Neutral	$642.44B	45.05	2.92%	1.64%	6.28%	-30.10%
Sector *	61 Neutral	$2.83B	10.91	0.42%	8438.90%	5.74%	-20.95%

Mitsubishi Estate Company Corporate Events

Mitsubishi Estate Reports Progress on Share Repurchase Program

Mitsubishi Estate Co., Ltd. announced the status of its share repurchase program, revealing the acquisition of over 5 million common shares for approximately 12.89 billion yen between May 13 and May 31, 2025. This move is part of a larger plan approved by the board to repurchase up to 60 million shares, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

The most recent analyst rating on (JP:8802) stock is a Buy with a Yen3200.00 price target. To see the full list of analyst forecasts on Mitsubishi Estate Company stock, see the JP:8802 Stock Forecast page.

Mitsubishi Estate Reports Record Profits and Positive Outlook for FY2025

Mitsubishi Estate Company reported record-high operating profits and profit attributable to owners for FY2024, surpassing forecasts. The company anticipates further growth in FY2025, driven by strong domestic and international business performance and strategic sales of holding stocks. The company plans to enhance shareholder returns through increased dividends and a significant share buyback, aiming to improve ROE. Despite a slight expected decline in the commercial property business, overall profitability is projected to rise.

Mitsubishi Estate Reports Strong FY2024 Results and Positive Outlook for FY2025

Mitsubishi Estate Co., Ltd. reported its consolidated financial results for FY2024, showing a notable increase in operating revenue and profit compared to the previous year. The company achieved a 5% rise in operating revenue to ¥1,579,812 million and a 12.4% increase in profit attributable to owners of the parent, reaching ¥189,356 million. The forecast for FY2025 anticipates further growth, with a projected 17.1% increase in operating revenue. The company also plans to repurchase its own shares, which is expected to impact earnings per share positively. These results and strategic moves indicate Mitsubishi Estate’s strong market positioning and commitment to enhancing shareholder value.

Mitsubishi Estate Reports Strong Financial Growth for FY 2025

Mitsubishi Estate Co., Ltd. reported a notable increase in its non-consolidated financial results for the fiscal year ended March 31, 2025, compared to the previous year. The company’s operating revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all saw significant growth, driven primarily by gains on sales of properties in the Commercial Property Business and extraordinary income from the sale of investment securities.

Mitsubishi Estate Announces Share Repurchase Plan

Mitsubishi Estate Co., Ltd. has announced a share repurchase plan as part of its long-term capital policy. The company plans to buy back up to 60 million common shares, representing 4.82% of its outstanding shares, with a maximum repurchase price of 100 billion yen. This move is intended to optimize capital structure and potentially enhance shareholder value.