May 14, 2018

Summary of Consolidated Financial Statements for FY2018(the Fiscal Year Ended on March 31, 2018)＜under Japanese GAAP＞
Company Name:

Mitsubishi Estate Co., Ltd.

Listed Stock Exchanges: Tokyo, Nagoya

Securities Code:
Representative:

8802
Junichi Yoshida, President & CEO
Masato Kawasaki, General Manager of theCorporate Communications Department

URL: http://www.mec.co.jp/index_e.html

Inquiries:

TEL: +81-3-3287-5200

Annual General Meeting ofJune 28, 2018
Date for Payment of Dividends (Planned): June 29, 2018
Shareholders (Planned):
Filing of Securities Report
June 28, 2018
(Planned):
Supplementary documents on financial results: Yes ( FACT BOOK )Information meetings arranged related to financial results: Yes (for institutional investors and analysts, in Japanese)*Figures are rounded down to the nearest million.
1. Consolidated Results for FY2018 (April 1, 2017– March 31, 2018)* Percent figures for revenue from operations, operating income, income before taxes and special items, and profit attributable to owners of parent express thepercentage changes from the previous fiscal year.
(1) Consolidated Results
Income before Taxes
Profit AttributableRevenue from Operations
Operating Income
and Special Items
to Owners of Parent
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY20181,194,049
FY2017
1,125,405
Note: Comprehensive Income:
FY20186.1
11.5

213,047
192,495

10.7
15.8

190,506
169,851

12.2
17.3

120,443
102,681

17.3
23.1¥153,461 million (25.5 %)EPS

Diluted EPS

FY2017

ROE

YenYenFY201886.78
86.76
FY201774.00
73.98(Reference) Equity in Earnings of unconsolidated subsidiaries and affiliates:
FY2018¥419 million(2)

Consolidated Financial PositionTotal Assets(3)

Income before Taxes
and Special Items
to Total Assets
%
3.4
3.1

FY2017

Net Assets

Millions of yen

Mar. 31, 2018
Mar. 31, 2017
(Reference) Total Equity%
7.3
6.6¥122,247 million (136.8 %)Consolidated Cash Flows
Cash Flows
from Operating Activities

%
17.8
17.1

¥872 million

Total Equity to Total Assets

Millions of yen

5,803,689
5,484,115
Mar. 31, 2018
¥1,698,348 million

Operating Incometo Revenue fromOperations

1,879,088
1,767,460
Mar. 31, 2017

Cash Flows
from Investing Activities

Net Assets per Share%Yen

29.3
29.0
¥1,592,777 million

Cash Flows
from Financing Activities

1,223.58
1,147.80

Cash and Cash Equivalents
at the End of the Period

Millions of yen

Millions of yen

Millions of yen

Millions of yen

293,338
168,527(286,841)(327,292)

37,203(4,921)

286,859
243,341

FY2018FY2017

2. Dividends
Dividends per ShareFY2017FY2018FY2019(Planned)

1Q

2Q

3Q

4Q

Annual

Yen－－

Yen
9.00
12.00

Yen－－

Yen
11.00
14.00

Yen
20.00
26.00

－

13.00

－

13.00

26.00

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Cash Dividends Paid

Dividend Payout(Annual)Ratio (Consolidated)

Millions of yen27,753
36,881%
27.0
30.0
29.3

Cash Dividends toNet Assets(Consolidated)

%
1.8
2.2

3. Forecast of Consolidated Financial Results for FY2019 (April 1, 2018 — March 31, 2019)* Percent figures for revenue from operations, operating income, income before taxes and special items, and profit attributable to owners of parent express thepercentage changes from the previous fiscal year.
Income before Taxes
Profit Attributable toRevenue from Operations
Operating Income
EPSand Special Items
Owners of Parent
Millions of yen

Full Fiscal Year

1,290,000%

8.0

Millions of yen%215,000

Millions of yen

0.9%

191,000

Millions of yen

0.2

123,000%

2.1

Yen

88.62

Notes
(1) Changes in Important Subsidiaries during the Period (Changes in Specified Subsidiaries in accordance with Changes in the Scope of Consolidation): No(2) Changes in Accounting Principles, Procedures, Presentation Methods, etc., Concerning the Preparation of Consolidated Financial Statements (Recorded under“Changes in Significant Matters in the Preparation of Consolidated Financial Statements”)
1)

Changes of accompanying revisions in accounting standards: No

2)

Changes of accompanying revisions other than 1. above: No

3)

Changes in accounting estimates: No4)

Retrospective restatement: No(3) Number of Outstanding Shares (Common Stock)1)

Number of outstanding shares at the fiscal period-end (including treasury stock)2)

Number of shares of treasury stock at the fiscal period-end

3)

Average number of shares for the period

Mar. 31, 2018
Mar. 31, 2018
Mar. 31, 2018

1,390,908,105 shares
2,897,424 shares
1,387,922,674 sharesMar. 31, 2017

1,390,685,972 sharesMar. 31, 2017

3,005,246 sharesMar. 31, 2017

1,387,598,066 shares

Implementation status of review processes
This Summary of Consolidated Financial Results is not subject to the review processes under the Financial Products and Exchange Law.
Cautionary Statement with respect to Forecast of Consolidated Financial Results
The forecasts and projected operating results contained in this report are based on information and data available to the Company at the time of disclosu re as well as
certain assumptions deemed rational. Therefore, actual performance may differ significantly from such forecasts due t o various factors.
Details can be found on our website. (http://www.mec.co.jp/e/investor/irlibrary/materials/index.html)
Please refer to FACT BOOK for the details of revisions to the forecast of consolidated financial results announced today.

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