Earnings Alerts

Mitsubishi Estate (8802) Earnings Fall Short of Estimates Despite 20% YOY Increase in Operating Income

  • Mitsubishi Estate‘s operating income for the first quarter was 62.41 billion yen, representing a 20% increase year-over-year but falling short of the 73.18 billion yen estimate.
  • Net income for the first quarter stood at 31.99 billion yen, a 23% increase from the previous year, yet below the estimated 37.78 billion yen.
  • Net sales for the same period were reported at 356.95 billion yen, an 8.7% rise from the previous year, but below the forecasted 413.1 billion yen.
  • For the 2026 fiscal year, Mitsubishi Estate maintains its forecast with operating income expected at 325.00 billion yen, slightly below the estimate of 329.47 billion yen.
  • The company continues to expect net income of 195.00 billion yen for 2026, which is beneath the projection of 199.3 billion yen.
  • Projected net sales for 2026 are 1.85 trillion yen, slightly higher than the estimated 1.83 trillion yen.
  • The dividend for 2026 is anticipated to be 46.00 yen, marginally less than the 46.27 yen estimate.
  • Analyst recommendations are predominantly positive, with 9 buys, 4 holds, and no sell ratings.

Mitsubishi Estate on Smartkarma

Analyst coverage of Mitsubishi Estate on Smartkarma reveals valuable insights into recent real estate transactions. According to Asia Real Estate Tracker, Warburg Pincus and Wide Creek JV have acquired GreenFort, a Korean logistic asset, as their second investment in the country. In addition, Gaw Capital is gearing up for a potential joint venture with MTD TV to develop 1,200 homes, with further details expected in an upcoming interview. Mitsubishi Estate made headlines by selling its stake in a Shinjuku office tower to a J-REIT for $190 million, demonstrating ongoing strategic real estate maneuvers.


A look at Mitsubishi Estate Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Mitsubishi Estate Company Ltd. shows a promising long-term outlook. With a strong score in Growth and Momentum, the company is positioned well for future expansion and market performance. Its focus on developing commercial buildings in central Tokyo and managing diverse real estate properties indicates a proactive approach to growth.

Mitsubishi Estate‘s balanced scores in Value and Resilience reflect stability and potential for sustainable returns. While the Dividend score is moderate, the overall outlook remains positive considering the high scores in other key factors. In summary, Mitsubishi Estate appears to be a solid investment option with a favorable long-term outlook in the real estate sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars