Mitsui Fudosan, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 3%, Raises Record High Profit Forecast

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Feb 6, 2026 3:30 pm JST Earnings

8801 Mitsui Fudosan Co., Ltd. 【J-GAAP】

Earnings Report

Mitsui Fudosan Co., Ltd. <8801> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 247 billion yen, an increase 43.1% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 3.4%, from the previous forecast of 295 billion yen to 305 billion yen (compared to 290 billion yen in the previous period), increasing the growth rate from 1.6% to 5.1%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 9.0%, from the previous forecast of 111 billion yen to 121 billion yen (compared to 152 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 27.2% to 20.6%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 79.4% from the same period last year, reaching 63.9 billion yen. The operating profit margin significantly improved from 9.9% in the same period last year to 13.3%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2023	1,699,015	245,294	199,759	166,457	59.4	74.6	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	1,676,799	220,600	172,946	144,022	51.6	59.6	Feb 7, 2025	J-GAAP
Apr - Dec, 2025	1,981,849	302,623	247,511	219,868	79.4	81.2	Feb 6, 2026	J-GAAP
YoY	+18.2%	+37.2%	+43.1%	+52.7%	+54.0%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2025 Prev	1,346,580	166,220	111,413	112,847	41.3	17	Nov 7, 2025	J-GAAP
Oct - Mar, 2025 New	1,346,580	176,220	121,413	117,847	43.1	17	Feb 6, 2026	J-GAAP
Revision Rate	0.0%	+6.0%	+9.0%	+4.4%	+4.4%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	2,700,000	385,000	295,000	265,000	97.0	34	Nov 7, 2025	J-GAAP
Mar, 2026 New	2,700,000	395,000	305,000	270,000	98.8	34	Feb 6, 2026	J-GAAP
Revision Rate	0.0%	+2.6%	+3.4%	+1.9%	+1.9%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024	1,462,925	203,262	152,940	160,477	57.6	16	May 9, 2025	J-GAAP
Oct - Mar, 2025 Guidance	1,346,580	176,220	121,413	117,847	43.1	17	Feb 6, 2026	J-GAAP
YoY	-8.0%	-13.3%	-20.6%	-26.6%	-25.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	2,383,289	339,690	267,890	224,647	80.2	28	May 10, 2024	J-GAAP
Mar, 2025	2,625,363	372,732	290,262	248,799	89.3	31	May 9, 2025	J-GAAP
Mar, 2026 Guidance	2,700,000	395,000	305,000	270,000	98.8	34	Feb 6, 2026	J-GAAP
YoY	+2.8%	+6.0%	+5.1%	+8.5%	+10.7%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2024	514,361	51,130	35,624	55,700	20.0	9.9	Feb 7, 2025	J-GAAP
Jan - Mar, 2025	948,564	152,132	117,316	104,777	37.6	16.0	May 9, 2025	J-GAAP
Apr - Jun, 2025	802,316	160,112	144,005	124,232	44.8	20.0	Aug 5, 2025	J-GAAP
Jul - Sep, 2025	551,104	58,668	39,582	27,921	10.1	10.6	Nov 7, 2025	J-GAAP
Oct - Dec, 2025	628,429	83,843	63,924	67,715	24.5	13.3	Feb 6, 2026	J-GAAP
YoY	+22.2%	+64.0%	+79.4%	+21.6%	+22.6%