Mitsui Fudosan Co., Ltd. (MTSFF)

Mitsui Fudosan Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	2,380,482	2,383,289	2,269,103	2,100,870	2,007,555	1,905,642
Revenue Growth (YoY)	0.13%	5.03%	8.01%	4.65%	5.35%	2.39%
Cost of Revenue	1,790,954	1,790,164	1,742,425	1,650,428	1,609,639	1,435,903
Gross Profit	589,528	593,125	526,678	450,442	397,916	469,739
Selling, General & Admin	260,101	253,433	221,273	205,463	194,145	188,609
Research & Development	-	-	-	-	-	512
Operating Expenses	260,101	253,433	221,273	205,463	194,145	189,121
Operating Income	329,427	339,692	305,405	244,979	203,771	280,618
Interest Expense	-79,760	-74,535	-55,458	-31,606	-27,779	-29,382
Interest & Investment Income	10,497	9,631	8,483	7,409	6,877	7,751
Earnings From Equity Investments	2,462	3,973	7,325	2,161	-6,158	5,715
Currency Exchange Gain (Loss)	2,662	2,662	-	-	-	-
Other Non Operating Income (Expenses)	-14,483	-13,533	-396	1,999	-7,845	-6,193
EBT Excluding Unusual Items	250,805	267,890	265,359	224,942	168,866	258,509
Gain (Loss) on Sale of Investments	13,618	54,120	40,939	51,726	56,633	13,842
Gain (Loss) on Sale of Assets	4,433	4,433	-8,195	-562	20,704	-
Asset Writedown	-2,823	-	-	-9,478	-39,648	-5,770
Other Unusual Items	7,621	7,621	-2,172	-4,224	-14,734	-5,366
Pretax Income	273,654	334,064	295,931	262,404	191,821	261,215
Income Tax Expense	97,727	106,377	92,557	86,649	62,093	76,522
Earnings From Continuing Operations	175,927	227,687	203,374	175,755	129,728	184,693
Minority Interest in Earnings	7,749	-3,040	-6,375	1,231	-152	-721
Net Income	183,676	224,647	196,999	176,986	129,576	183,972
Net Income to Common	183,676	224,647	196,999	176,986	129,576	183,972
Net Income Growth	-18.78%	14.03%	11.31%	36.59%	-29.57%	9.08%
Shares Outstanding (Basic)	2,801	2,802	2,843	2,879	2,892	2,930
Shares Outstanding (Diluted)	2,802	2,803	2,844	2,881	2,894	2,933
Shares Change (YoY)	-0.59%	-1.44%	-1.28%	-0.47%	-1.30%	-0.78%
EPS (Basic)	65.58	80.19	69.30	61.47	44.80	62.78
EPS (Diluted)	65.54	80.14	69.27	61.43	44.77	62.73
EPS Growth	-18.31%	15.70%	12.75%	37.23%	-28.64%	9.94%
Free Cash Flow	9,366	20,865	-65,036	29,901	-88,475	-386,724
Free Cash Flow Per Share	3.34	7.44	-22.87	10.38	-30.57	-131.87
Dividend Per Share	31.333	28.000	20.667	18.333	14.667	14.667
Dividend Growth	40.30%	35.48%	12.73%	25.00%	0%	0%
Gross Margin	24.77%	24.89%	23.21%	21.44%	19.82%	24.65%
Operating Margin	13.84%	14.25%	13.46%	11.66%	10.15%	14.73%
Profit Margin	7.72%	9.43%	8.68%	8.42%	6.45%	9.65%
Free Cash Flow Margin	0.39%	0.88%	-2.87%	1.42%	-4.41%	-20.29%
EBITDA	466,467	473,418	430,704	356,480	301,967	372,052
EBITDA Margin	19.60%	19.86%	18.98%	16.97%	15.04%	19.52%
D&A For EBITDA	137,040	133,726	125,299	111,501	98,196	91,434
EBIT	329,427	339,692	305,405	244,979	203,771	280,618
EBIT Margin	13.84%	14.25%	13.46%	11.66%	10.15%	14.73%
Effective Tax Rate	35.71%	31.84%	31.28%	33.02%	32.37%	29.29%
Advertising Expenses	-	17,019	-	-	-	20,153

Source: S&P Capital IQ. Standard template. Financial Sources.