Mitsui Fudosan : Summary of Consolidated Financial Results for the Six Months Ended September 30, 2020(133KB)

Summary of Consolidated Financial Results For the Six Months Ended September 30, 2020 (Based on Japanese GAAP)

November 5, 2020

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:	November 13, 2020
Starting date of dividend payments:	December 2, 2020
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 Six Months Ended September 30, 2020 (April 1, 2020 - September 30, 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	%
Six Months Ended September 30, 2020	797,401	(10.3)		64,189	(45.9)	47,288	(56.1)	9,040	(86.4)
Six Months Ended September 30, 2019	888,776	3.3		118,604	5.8	107,829	1.2	66,324	(3.2)
Note: Comprehensive Income ¥9,634 million (-92.7%) (Six Months Ended September 30, 2020);
¥132,844 million (54.5%) (Six Months Ended September 30, 2019)
	Earnings				Diluted Earnings
	per Share					per Share
			Yen				Yen
Six Months Ended September 30, 2020			9.36				9.36
Six Months Ended September 30, 2019			67.82				67.77

(2) Consolidated Financial Position

	Total Assets	Net Assets	Equity Ratio	Net Assets
	Per Share
	Millions of yen	Millions of yen	%	Yen
At September 30, 2020	7,612,279	2,457,930	31.3	2,474.22
At March 31, 2020	7,395,359	2,486,525	32.6	2,480.36

Reference: Shareholders' Equity ¥2,380,560 million (at September 30, 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: Yes

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) Six months ended September 30, 2020:965,281,777 shares

Year ended March 31, 2020:

979,250,227 shares

(ⅱ) Number of treasury stock at term-end

Six months ended September 30, 2020: 3,137,730 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)

Six months ended September 30, 2020: 965,519,342 shares

Six months ended September 30, 2019: 977,905,234 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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