- Mitsubishi Estate‘s third-quarter operating income reached 94.60 billion yen, marking a 67% year-on-year increase. This figure surpassed the estimate of 77.65 billion yen.
- The company’s net income for the third quarter was 55.77 billion yen, up 55% from the previous year, exceeding the estimated 42.18 billion yen.
- Net sales for the third quarter amounted to 406.85 billion yen, a 20% increase compared to the previous year, and above the projected 369.95 billion yen.
- Mitsubishi Estate maintains its forecast for the fiscal year’s operating income at 300.00 billion yen, with predictions slightly higher at 302.17 billion yen.
- The company expects net income for the fiscal year to be 173.00 billion yen, compared to the estimate of 175.43 billion yen.
- Fiscal year net sales are projected to be 1.60 trillion yen, aligning closely with the estimate of 1.58 trillion yen.
- The anticipated dividend remains at 43.00 yen, consistent with estimates.
- In terms of market sentiment, Mitsubishi Estate has 9 buy ratings, 4 hold ratings, and no sell ratings.
A look at Mitsubishi Estate Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 Smartkarma’s Smart Scores, Mitsubishi Estate Company Ltd. shows a mixed long-term outlook in different areas. While the company scored well in Growth with a rating of 4, indicating promising prospects for expansion and development, its Resilience score of 2 suggests some vulnerability to market fluctuations or economic challenges. The Value and Dividend scores both stand at 3, showcasing a neutral stance in terms of valuation and dividend payouts. Additionally, the Momentum score of 3 implies a moderate level of market momentum and investor interest in the company.
Mitsubishi Estate is a real estate investment company primarily focused on properties in Japan, particularly in central Tokyo. The company is engaged in leasing, managing, and developing commercial buildings, as well as selling residential properties and parking lots. Moreover, Mitsubishi Estate manages recreational facilities such as golf courses and tennis clubs. With a varied portfolio in the real estate sector, the company’s differing Smart Scores indicate a nuanced long-term outlook that investors may want to consider while evaluating their investment decisions.
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.
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