MFLP Mitsui Fudosan Financial Strategy and Property Overview
2-6 Internal Growth Strategy [1]
MFLP Mitsui Fudosan
Logistics Park Inc.
Achieve stable management by leveraging Mitsui Fudosan Group's platform and client network
Effectively leverage the Mitsui Fudosan Group's
platform and client network in leasing
Tenant diversification
Japan Logistic Systems
Other
Occupied by many tenants that have a relationship
with Mitsui Fudosan
Lease
agreement
Mitsui Fudosan
MFLP Logistics Park Inc.
End user
Owner of logistics
facility
Lease
agreement
Logistics
firm
(3PL operator, etc.)
Logistics
agency
agreement
About
International logistics firm
70
Rakuten
E-LogiT
Tenants *
Hitachi Transport System Metropolitan
JA Mitsui Leasing Tatemono
Major Specialty store retailer of
Private label Apparel
MARUBENI
LOGISTICS
Sagawa Global Logistics
Nakano Shokai
NIPPON EXPRESS
3PL
Sun Toshi Tatemono
Kimura Unity
Bic Camera
*Tenant numbers reflect total number of leases
MISUMI
MITSUI-SOKO LOGISTICS
KDDI
KOKUBU
DAIWA Corporation
End user
Occupancy rates
Status of lease agreements
(%)
100
100 100 100 100
100
100
100 100
95
99.1
Average lease
90
Can directly approach logistics firms and
end users regardless of contract type
85
80
period *
Remaining lease
contract period *
7.4 years
3.8 years
Jan. 31, Jul. 31, Jan. 31, Jul. 31, Jan. 31, Jul. 31, Jan. 31, Jul. 31, Jan. 31,
2017 2017 2018 2018 2019 2019 2020 2020
2021
ā MITSUI FUDOSAN
Fully leverage the Mitsui Fudosan Group's broad client network
Office building
business client
network
Staggering of contract expiration periods
40.6%
21.2%
Retail facility
business client
network
Strong relationships
7.7%
7.8%
9.0%
10.2%
with leading 3PL
operators
0%
1.0%
2.6%
10th FP
ending
2021/07
11th FP
ending
2022/01
12th FP
ending
2022/07
13th FP
ending
2023/01
14th FP
ending
2023/07
15th FP
ending
2024/01
16th FP
ending
2024/07
17th FP
18th FP or
after
Approx. 3,000 firms* || Approx. 2,400 firms*
*Source: Disclosed financial results materials of Mitsui Fudosan for the fiscal year
ended March 31, 2020
ending
2025/01
* The graphs above show figures based on leased areas stated in lease agreements concluded as of January 31, 2021 after acquisition of properties
to be acquired in 10th fiscal period.
Tenant diversification excludes MFIP.
* For details of calculation, please refer to [Internal Growth Strategy] in the Notes on Matters Stated in this Document on p. 53-54.
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