Earnings Alerts

Mitsui Fudosan (8801) Earnings: FY Operating Income Forecast Falls Short of Estimates, While Q4 Results Show Positive Growth

  • Mitsui Fudosan‘s operating income forecast of 340.00 billion yen falls short of the estimated 366.01 billion yen.
  • Its anticipated net income is 235.00 billion yen, slightly below the estimated 238.7 billion yen.
  • An expected surge in net sales to 2.60 trillion yen, surpasses the estimate of 2.41 trillion yen.
  • Mitsui Fudosan foresees a dividend of 30.00 yen, an increase over the estimated 27.75 yen.
  • The fourth-quarter results show an operating income of 94.40 billion yen, a 2.5% year-on-year increase, which is more than the estimated 92.01 billion yen.
  • The net income for the fourth quarter was 58.19 billion yen, a significant 17% year-on-year increase and more than the estimated 56.61 billion yen.
  • Fourth-quarter net sales reached 684.27 billion yen, a 6.5% year-on-year increase and a significant leap from the 625.8 billion yen estimate.
  • The company’s stock is rated with 13 buys, 2 holds, and 1 sell.

Mitsui Fudosan on Smartkarma

Analysts on Smartkarma are closely watching Mitsui Fudosan, Japan’s largest real estate developer, with differing sentiments. Jacob Cheng, in a bullish stance, highlights Mitsui Fudosan‘s strong performance, citing a 45% YTD increase in value and an un-demanding valuation. He suggests that it’s not too late to join the rally in the Japanese market. On the other hand, Travis Lundy takes a bearish view, focusing on Elliott Management’s involvement and their push for asset sales and buybacks. Despite differing opinions, analysts like David Blennerhassett provide a well-rounded summary of recent events impacting Mitsui Fudosan, urging caution in certain investments.

David Blennerhassett touches on Elliott Management’s influence on Mitsui Fudosan, while Travis Lundy delves deeper into the activism side, analyzing the company’s responses to Elliott’s demands. The varying analyst coverage on Smartkarma offers investors a comprehensive overview of Mitsui Fudosan‘s current standing and the potential impact of external factors on its future performance.


A look at Mitsui Fudosan Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

When looking at Mitsui Fudosan‘s long-term outlook using the Smartkarma Smart Scores, the company seems to have a balanced profile. With average scores in Value, Dividend, and Growth, it indicates stability and potential for sustainable performance. However, its Resilience score is a bit lower, suggesting a moderate vulnerability to market fluctuations. On the bright side, Mitsui Fudosan shines in Momentum, with a high score indicating strong positive market momentum that could propel the company forward.

Mitsui Fudosan Co., Ltd. offers a wide range of real estate services, including leasing, construction, sales, and maintenance of properties. Additionally, the company is involved in manufacturing building materials, running commercial facilities such as hotels and golf venues, and providing financial services related to real estate. Overall, Mitsui Fudosan‘s Smart Scores highlight a company with solid fundamentals and promising growth potential, bolstered by strong market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars