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Mitsui Fudosan
(OTC:MTSFY)
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Rating:54Neutral
Price Target:
$28.00
â–¼(-1.41% Downside)
Action:Reiterated
Date:08/17/26
Overall score reflects strong reported revenue/profitability trends but is pulled down by weak and volatile cash flow (including negative 2026 free cash flow) and persistent leverage. Technicals are also a notable headwind, with the stock trading below major moving averages and negative MACD. Valuation is neutral-to-slightly supportive with a mid-range P/E and a ~2.3% dividend yield.
Positive Factors
Diversified real estate platform
Exposure across multiple property types and geographies diversifies earnings sources and reduces dependence on any single real estate segment. Recurring leasing, management and development activities also provide a broad operating platform.
Negative Factors
Recent revenue and EPS contraction
Recent contraction in revenue and earnings per share signals weaker current operating momentum. Continued softness could reduce internal funding for development, pressure returns and make results more dependent on property-sale timing.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified real estate platform
Exposure across multiple property types and geographies diversifies earnings sources and reduces dependence on any single real estate segment. Recurring leasing, management and development activities also provide a broad operating platform.
Read all positive factors
Mitsui Fudosan (MTSFY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$24.84B
Dividend Yield2.29%
Average Volume (3M)1.38K
Price to Earnings (P/E)17.3
Beta (1Y)0.24
Revenue Growth-12.75%
EPS Growth-27.38%
CountryUS
Employees27,704
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)305.70
Shares Outstanding906,478,000
10 Day Avg. Volume1,802
30 Day Avg. Volume1,380
Financial Highlights & Ratios
PEG Ratio0.80
Price to Book (P/B)1.43
Price to Sales (P/S)1.64
P/FCF Ratio-48.62
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mitsui Fudosan Business Overview & Revenue Model
Company Description
Operating as a prominent real estate firm in Japan, Mitsui Fudosan Co., Ltd. organizes its activities across four primary segments: Leasing, Property Sales, Management, and Other. The Leasing segment focuses on renting out diverse properties, incl...
How the Company Makes Money
Mitsui Fudosan generates revenue primarily through a mix of recurring property income and transaction-based real estate sales. A major earnings pillar is leasing and property management: the company develops and owns/controls office buildings, ret...
Mitsui Fudosan Earnings Call Summary
Earnings Call Date:Feb 07, 2025
(Q3-2024)
| % Change Since: |
Next Earnings Date:Nov 11, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements, including record financial performance and upward revisions of forecasts, indicating strong business momentum. However, challenges such as increased interest burden and losses in nonoperating income and property sales to investors present potential headwinds.Positive Updates
Record Highs in Financial Performance
Achieved new record highs for 9-month third quarter in sales, operating income, ordinary income, and profit attributable to owners of parent. Second consecutive record high for operating income and third consecutive record high for net profit.
Negative Updates
Interest Burden Increase
Interest burden under net interest income and expense increased JPY 17.6 billion year-on-year, primarily due to rising U.S. interest rates.
Read all updates
Q3-2024 Updates
Positive
Negative
Record Highs in Financial Performance
Achieved new record highs for 9-month third quarter in sales, operating income, ordinary income, and profit attributable to owners of parent. Second consecutive record high for operating income and third consecutive record high for net profit.
Read all positive updates
Company Guidance
In the third quarter earnings call for Mitsui Fudosan, Executive Manager Atsuro Uchida highlighted several key metrics that underscored the company's financial performance and future outlook. The company achieved record highs in sales, operating income, ordinary income, and profit attributable to owners of parent for the nine-month period, with operating income reaching JPY 245.2 billion, a 15% increase year-on-year. Ordinary income rose by 7.3% to JPY 199.7 billion, while profit attributable to owners of parent surged by 13.1% to JPY 166.4 billion. The full year forecast for ordinary income was revised upwards by JPY 10 billion to JPY 265 billion, and profit attributable to owners of parent was also increased by JPY 5 billion to JPY 220 billion, setting a new record high. In response to these strong results, the company raised its full year dividend per share guidance to JPY 72, up from the previously announced JPY 70, reflecting their confidence in sustained growth. Additionally, the Leasing segment reported significant gains with operating revenues of JPY 606.1 billion, driven by key projects like 50 Hudson Yards in New York, while the Property Sales segment saw mixed results with a decline in operating revenue but stable contract rates. The Management and Facility Operations segments also showed positive momentum, with the latter benefiting from increased ADRs and spectator numbers at Tokyo Dome. Overall, Mitsui Fudosan demonstrated robust financial health and strategic adjustments to capitalize on market conditions.Mitsui Fudosan Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
60
Neutral
Cash Flow
45
Neutral
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.87T | 2.63T | 2.38T | 2.27T | 2.10T |
| Gross Profit | 555.40B | 635.13B | 593.13B | 526.68B | 450.44B |
| EBITDA | 662.68B | 513.25B | 473.42B | 476.69B | 356.48B |
| Net Income | 295.49B | 248.80B | 224.65B | 197.00B | 176.99B |
Balance Sheet | |||||
| Total Assets | 10.15T | 9.86T | 9.49T | 8.84T | 8.21T |
| Cash, Cash Equivalents and Short-Term Investments | 88.41B | 169.68B | 189.81B | 144.26B | 156.23B |
| Total Debt | 4.65T | 4.42T | 4.43T | 4.05T | 3.67T |
| Total Liabilities | 6.75T | 6.59T | 6.25T | 5.81T | 5.29T |
| Stockholders Equity | 3.29T | 3.15T | 3.11T | 2.90T | 2.80T |
Cash Flow | |||||
| Free Cash Flow | -96.64B | 327.77B | 20.86B | -65.04B | 29.90B |
| Operating Cash Flow | 154.03B | 599.25B | 241.70B | 297.71B | 271.47B |
| Investing Cash Flow | -188.72B | -321.97B | -286.99B | -422.03B | -210.06B |
| Financing Cash Flow | -63.77B | -269.37B | 59.99B | 111.45B | -139.60B |
Mitsui Fudosan Technical Analysis
Negative
28.40
Price Trends
28.29
Negative
29.79
Negative
32.50
Negative
Market Momentum
-0.28
Positive
41.80
Neutral
5.26
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTSFY, the sentiment is Negative. The current price of 28.4 is below the 20-day moving average (MA) of 28.50, above the 50-day MA of 28.29, and below the 200-day MA of 32.50, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 41.80 is Neutral, neither overbought nor oversold. The STOCH value of 5.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTSFY.
Mitsui Fudosan Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $26.28B | 25.25 | 8.74% | 3.72% | 1.86% | -10.59% | |
68 Neutral | $24.74B | 28.56 | 8.08% | 4.11% | 4.22% | -13.36% | |
66 Neutral | $47.99B | 166.40 | 2.02% | 1.99% | 21.49% | 26.45% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | $38.53B | 92.45 | -38.42% | 2.63% | 17.37% | 898.02% | |
54 Neutral | $24.84B | 17.29 | 8.63% | 2.21% | -12.75% | -27.38% | |
53 Neutral | $17.70B | 37.21 | 5.00% | 3.51% | -2.62% | 70.21% |
* Real Estate Sector Average
MTSFY
Mitsui Fudosan
27.48
-4.65
-14.48%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.