Mitsui Fudosan : Summary of Consolidated Financial Results for the Year Ended March 31, 2020(160KB)

	Summary of Consolidated Financial Results
	For the Year Ended March 31, 2020
	(Based on Japanese GAAP)
	May 12, 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 Ordinary General Shareholders' Meeting (Scheduled)	June 26, 2020
Submission Date of Securities Report (Scheduled)	June 26, 2020
Date for Commencement of Dividend Payments (Scheduled)	June 29, 2020
Preparation of Explanatory Materials for Financial Results:	Yes
Information Meetings Arranged Related to Financial Results:	Yes (for institutional investors and analysts, in Japanese)
	(Yen in millions, rounded down)

1. Consolidated Financial Results for the Year Ended March 31, 2020 (April 1, 2019 - March 31, 2020)

1. Consolidated Result of Operations

					(% figures denote year-on-year change)
	Revenue from	Operating		Ordinary		Profit
			Attributable to
	Operations		Income		Income
				Owners of Parent
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
Year Ended March 31, 2020	1,905,642	2.4	280,617	7.0	258,510	1.7	183,972	9.1
Year Ended March 31, 2019	1,861,195	6.3	262,147	6.6	254,106	5.7	168,661	8.2

Note: Comprehensive Income: ¥167,004 million (-17.1%) (Year ended March 31, 2020);

	¥201,538 million (-23.0%) (Year ended March 31, 2019)
	Earnings	Diluted	Return on	Ordinary	Operating
	Earnings	Income/Total
	per Share	Equity (ROE)	Margin
	per Share	Assets
	Yen	Yen	%	%	%
Year Ended March 31, 2020	188.35	188.19	7.7	3.6	14.7
Year Ended March 31, 2019	171.30	171.18	7.4	3.9	14.1

(Reference) Equity in Net Income of Affiliated Companies: ¥5,715 million (at March 31, 2020); ¥14,895 million (at March 31, 2019)

1. Consolidated Financial Position

	Total Assets	Net Assets	Equity Ratio	Net Assets
	Per Share
	Millions of yen	Millions of yen	%	Yen
At March 31, 2020	7,395,359	2,486,525	32.6	2,480.36
At March 31, 2019	6,802,731	2,420,804	34.4	2,384.87

(Reference) Shareholders' Equity: ¥2,408,679 million (at March 31, 2020); ¥2,342,512 million (at March 31, 2019)

1. Consolidated Cash Flows

	Cash Flows from	Cash Flows from	Cash Flows from	Cash and Cash
	Operating	Investing	Financing	Equivalents at
	Activities	Activities	Activities	Year End
	Millions of yen	Millions of yen	Millions of yen	Millions of yen
Year Ended March 31, 2020	87,094	(532,806)	467,751	179,472
Year Ended March 31, 2019	216,709	(388,895)	231,238	157,682

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2. Cash Dividends

		Cash Dividends per Share		Total	Payout	Dividend
						on
	1st	2nd	3rd	Year-	Total	Dividends	Ratio
	Quarter	Quarter	Quarter	End	Equity
	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
Year Ended March 31, 2019	－	20.00	－	24.00	44.00	43,218	25.7	1.9
Year Ended March 31, 2020	－	22.00	－	22.00	44.00	42,837	23.4	1.8
Year Ending March 31, 2021 (Plan)	－	22.00	－	22.00	44.00		35.6

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

(% figures denote year-on-year change)

	Revenue from	Operating	Ordinary	Profit Attributable to	Earnings
	Operations		Income	Income		Owners of Parent	per Share
	Millions of yen		%	Millions of yen	%	Millions of yen		%	Millions of yen	%	Yen
Full year	1,850,000		(2.9)	200,000	(28.7)	169,000		(34.6)	120,000	(34.8)	123.57

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:	-	)

(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

(3) Number of outstanding shares (common stocks)

(ⅰ) Number of shares outstanding at term-end (including treasury stocks)

Year ended March 31, 2020:	979,250,227 shares
Year ended March 31, 2019:	991,424,727 shares
(ⅱ) Number of treasury stock at term-end
Year ended March 31, 2020:	8,148,291 shares
Year ended March 31, 2019:	9,187,225 shares
(ⅲ) Average number of shares during the period
Year ended March 31, 2020:	976,776,724 shares
Year ended March 31, 2019:	984,581,283 shares

• Implementation status of auditing procedure
  This Summary of Consolidated Financial Results is not subject to audit 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. The Company makes no guarantee with respect to the achievement of future results. 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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