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Investor Presentaiton

4-2. Forecasts for the Year to March 2022 (FY2021) Consolidated Statement of Earning Forecasts <Details of revision of earnings forecast> The Leasing segment is expected to increase by 56.9 billion yen and profit by 7.2 billion yen, despite the impact of COVID-19, due to improved facility sales at commercial facilities and the contribution of new full-year operating properties. In the Property Sales segment, net sales and operating income of Property Sales to Individuals (Domestic) business are expected to decrease, mainly due to fewer units of large-scale properties being delivered. Both sales and income are expected to increase in the Property for Investors business due to expected sales of real estate in response to the strong real estate investment market. Overall segment sales are expected to decrease by 44.7 billion yen and profit is expected to increase by 14.7 billion yen. In the Management segment, revenue is expected to increase by ¥17.0 billion and profit by ¥4.0 billion, due to the contribution to earnings from an increase in the number of transactions in the brokerage business for individuals, as well as improved occupancy rates and continued cost reductions in the Re-Park (rental parking lot business). In the Other segment, the Hotel and Resort business will continue to post losses mainly due to the impact of COVID-19, but we expect revenue to increase by 113.1 billion yen and profit to rise by 5.2 billion yen due to an expected recovery in occupancy rates, mainly driven by domestic demand. The profit and loss of the Tokyo Dome Group will be included in the "Other" segment from the first quarter of the fiscal year ending March 31, 2022. As a result, operating revenue is expected to increase by ¥142.4 billion to ¥2,150.0 billion, and operating income is expected to increase by ¥26.2 billion to ¥230.0 billion. Ordinary income will increase by 36.1 billion yen to 205.0 billion yen, factoring in the recovery of equity in earnings of affiliates in non-operating income and expenses. Net income attributable to shareholders of the parent company will increase by 30.4 billion yen to 160.0 billion yen, taking into account extraordinary gains and losses of 30.0 billion yen. We plan to pay an annual dividend of 44 yen per share (22 yen at the interim and 22 yen at the year-end) for the next fiscal year. Financial Statement Consolidated Income Statement (Forecasts) Revenues from Operations Leasing Property Sales Management Other Other 3/2022 Forecast (as of May 14, 2021) 0 2,150.0 3/2021 Actual (Billions of yen) Change 2, 2,007.5 142.4 680.0 623.0 56.9 670.0 714.7 (44.7) 420.0 402.9 17.0 380.0 266.8 113.1 Operating Income 230.0 203.7 26.2 Leasing 128.0 120.7 7.2 Property Sales Management 133.0 118.2 14.7 44.0 39.9 4.0 (22.0) (27.2) 5.2 (53.0) (47.9) (5.0) (25.0) (34.9) 9.9 (28.0) (26.4) (1.5) 3.0 (8.4) 11.4 Ordinary Income 205.0 168.8 36.1 Extraordinary Gains/Losses 30.0 22.9 7.0 Income before Income Taxes 235.0 191.8 43.1 Income Taxes 75.0 62.0 12.9 Profit 160.0 129.7 30.2 Profit attributable to non- (0.0) 1.0 (1.0) controlling interests Profit attributable to owners of the parent 160.0 129.5 30.4 Eliminations or Corporate Non-operating Income/Expenses Interest Income/Expense Other MITSUI FUDOSAN CO.,LTD 62 62
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