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Mitsui Fudosan (MTSFY)
OTHER OTC:MTSFY
Holding MTSFY?
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.09Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: 2.60%
|Next Earnings Date:Aug 03, 2018
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.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.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.
Upward Revision of Full Year Forecast
Full year forecast for ordinary income revised up from JPY 255 billion to JPY 265 billion, and profit attributable to owners of parent from JPY 215 billion to JPY 220 billion.
Dividend Increase
Full year dividend per share guidance increased by JPY 2 to JPY 72, reflecting the upward revision of the earnings forecast.
Growth in Leasing Segment
Leasing segment revenue increased JPY 47.1 billion and operating income increased JPY 15.2 billion year-on-year, with improvements in office vacancy rates.
Strong Overseas Profit Growth
Overseas profits increased by JPY 20.4 billion year-on-year, with significant contributions from property disposals in the U.S.
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MTSFY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MTSFY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $26.95 | $26.83 | -0.45% |
| Aug 02, 2024 | $28.92 | $28.04 | -3.04% |
| May 10, 2024 | $29.84 | $30.36 | +1.74% |
| Feb 09, 2024 | $26.69 | $26.95 | +0.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mitsui Fudosan (MTSFY) report earnings?
Mitsui Fudosan (MTSFY) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Mitsui Fudosan (MTSFY) earnings time?
Mitsui Fudosan (MTSFY) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTSFY EPS forecast?
Currently, no data Available
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