Mitsui FudosanMitsui Fudosan Co., Ltd.8801東証プライム不動産業FY ending Mar 2026, consolidated, J-GAAP

Mitsui Fudosan FY ending Mar 2026 results

About 35% of Mitsui Fudosan's sales come from Leasing, with Property Sales and Management making up much of the rest.

Out of every ¥100 of sales, about ¥15 is left as operating profit.

Revenue changed +3.2% from the prior year, operating profit +6.7%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +3.2% · profit +6.7%, calculated from disclosed figures.

Operating leverage: 2.09× (profit growth ÷ revenue growth)

FY ending Mar 2025 → FY ending Mar 2026

Revenue for the FY ending Mar 2026 was ¥2.71T, up +3.2% from ¥2.63T.
Profits grew faster than sales: operating income reached ¥397.8B (+6.7%) and net income ¥278.7B (+12.0%).
Cash moved the other way. Operating cash flow dropped from ¥599.3B to ¥145.3B, and free cash flow turned negative at -¥91.1B.

In Property Sales, handovers of condos such as Mita Garden Hills progressed and sales to investors picked up, so profit rose even though revenue fell.
Hotels charged higher room rates at higher occupancy, and Tokyo Dome raised its usage fees.
Operating cash flow fell because the company spent more buying property for sale than it collected from selling it, and because of income tax payments.

Higher interest rates would raise borrowing costs, cool demand from homebuyers, and could lower the value of the properties it owns.
If rising construction and labor costs cannot be passed on through prices and rents, margins will shrink.
The company says geopolitical tension and swings in resource prices have made the outlook less certain.

Annual Securities Report (114th fiscal period) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (114th fiscal period) / 事業等のリスク

FY ending Mar 2025 → FY ending Mar 2026

※ Cost of revenue is not disclosed; expenses are combined

For every ¥100 Mitsui Fudosan sells, how much goes where, and how much is kept.

FY ending Mar 2026

Operating margin14.7%

Net margin10.3%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Leasing¥936.6B
35%
Op. margin 19.4%Industry: Real Estate Development & Leasing
Property Sales¥729.3B
27%
Op. margin 19.7%Industry: Condominium Developers
Management¥511.5B
19%
Op. margin 15.8%Industry: Real Estate Brokerage & Management
Other¥288.3B
11%
Op. margin 2.8%
Facility Operations¥244.1B
9%
Op. margin 19.0%Industry: Hotels & Inns

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第114期(2025/04/01－2026/03/31)
ID S100YHUO2026-06-24Open
EDINET (FSA Japan)
有価証券報告書－第113期(2024/04/01－2025/03/31)
ID S100VWQS2025-06-25Open
EDINET (FSA Japan)
有価証券報告書－第112期(2023/04/01－2024/03/31)
ID S100TRIW2024-06-27Open
EDINET (FSA Japan)
有価証券報告書－第111期(2022/04/01－2023/03/31)
ID S100R9SS2023-06-29Open
EDINET (FSA Japan)
有価証券報告書－第110期(令和3年4月1日－令和4年3月31日)
ID S100OIF12022-06-29Open
EDINET (FSA Japan)
有価証券報告書－第109期(令和2年4月1日－令和3年3月31日)
ID S100LOUC2021-06-29Open

Extracted from XBRL: 53 / Derived from other figures: 2

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