Mitsui Fudosan : Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2020(132KB)

Summary of Consolidated Financial Results For the Nine Months Ended December 31, 2020 (Based on Japanese GAAP)

February 5, 2021

Company name:	Mitsui Fudosan Co., Ltd.
Stock exchange listing:	Tokyo Stock Exchange, First Section
Stock code:	8801
URL:	https://www.mitsuifudosan.co.jp/english/
Representative
Title:	President and Chief Executive Officer
Name:	Masanobu Komoda

Date of release of quarterly securities report:	February 9, 2021
Starting date of dividend payments:	－
Preparation of explanatory materials for quarterly financial results:	Yes
Information meetings arranged related to quarterly financial results:	Yes (for institutional investors and analysts, in Japanese)
	(Yen in millions, rounded down)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2020 (April 1, 2020 - December 31, 2020)

1. Consolidated Result of Operations (year-to-date)

(% figures denote year-on-year change)

	Revenue from									Profit
		Operating Income	Ordinary Income	Attributable to
	Operations
									Owners of Parent
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%
Nine Months Ended December 31, 2020	1,468,035	13.3		164,444	(3.5)	143,268	(8.5)	98,886	(3.3)
Nine Months Ended December 31, 2019	1,295,461	4.1		170,338	8.9	156,627	2.7	102,294	0.1
Note: Comprehensive Income ¥144,239	million (-5.7%) (Nine Months Ended December 31, 2020);
¥152,991 million (44.8%) (Nine Months Ended December 31, 2019)
	Earnings				Diluted Earnings
	per Share			per Share
			Yen				Yen
Nine Months Ended December 31, 2020			102.54				102.45
Nine Months Ended December 31, 2019			104.67				104.59

(2) Consolidated Financial Position

	Total Assets	Net Assets	Equity Ratio	Net Assets
	Per Share
	Millions of yen	Millions of yen	%	Yen
At December 31, 2020	7,596,431	2,572,734	32.8	2,592.29
At March 31, 2020	7,395,359	2,486,525	32.6	2,480.36

Reference: Shareholders' Equity ¥2,494,151 million (at December 31, 2020); ¥2,408,679 million (at March 31, 2020)

2. Cash Dividends

			Cash Dividends per Share
		1st Quarter	2nd Quarter	3rd Quarter	Year-End	Total
		Yen	Yen	Yen	Yen	Yen
Year Ended March 31, 2020		－	22.00	－	22.00	44.00
Year Ending March 31, 2021		－	22.00
Year Ending March 31, 2021 (Plan)				－	22.00	44.00

(Note) Changes from the latest released dividend forecasts: No

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3. Forecast for the Year Ending March 31, 2021 (April 1, 2020 - March 31, 2021)

(% figures denote year-on-year change)

	Revenue from		Operating Income	Ordinary Income	Profit Attributable	Earnings
	Operations		to Owners of Parent	per Share
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Full year	1,950,000	2.3	200,000	(28.7)	169,000	(34.6)	120,000	(34.8)	124.72

(Note) Changes from the latest released performance forecasts: No

4. Notes

(1) Significant changes among subsidiaries during the period under review (Transfer of specific subsidiaries

accompanying the change of scope of consolidation): No
New:	-	(Company name:	-	)
Excluded:	-	(Company name:	-	)

1. Adoption of special accounting treatment in preparation of consolidated quarterly financial statements: Yes
2. Changes in accounting policies; changes in accounting estimates; restatements:

(ⅰ) Changes in accounting policies due to revisions to accounting standards, etc.: No

(ⅱ) Changes in accounting policies other than (ⅰ): No

(ⅲ) Changes in accounting estimates: No

(ⅳ) Restatements: No

(4) Number of outstanding shares (common stocks)

(ⅰ) Number of shares outstanding at term-end (including treasury stocks) Nine Months Ended December 31, 2020: 965,281,777 shares

Year Ended March 31, 2020:

979,250,227 shares

(ⅱ) Number of treasury stock at term-end

Nine Months ended December 31, 2020: 3,139,302 shares

Year Ended March 31, 2020:

8,148,291 shares

(ⅲ) Average number of shares during the period (cumulative figure for consolidated quarterly accounting

period)
Nine Months Ended December 31, 2020:	964,394,054 shares
Nine Months Ended December 31, 2019:	977,290,880 shares

• This Summary of Consolidated Financial Results is not subject to quarterly review procedures.
• Appropriate use of business forecasts, other special items
  Business forecasts contained in this report and FACT BOOK are based on information available to the Company on the date of this report's announcement and on assumptions pertaining to uncertain factors that may affect the Company's future results. Therefore, the Company has no intention to promise the accomplishment of the forecasts. Due to unforeseen circumstances, however, actual results may differ significantly from such forecasts. For more information about the Company's business forecasts, please refer to FACT BOOK. https://www.mitsuifudosan.co.jp/english/corporate/ir/library/er/

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