November 7, 2019

Summary of Consolidated Financial Statements for FY2020-2Q(the Fiscal Year Ending March 31, 2020)＜under Japanese GAAP＞
Company Name:

Mitsubishi Estate Co., Ltd.

Listed Stock Exchanges: Tokyo, Nagoya

Securities Code:
Representative:

8802
Junichi Yoshida, President & CEO
Motohiro Sato, General Manager of theCorporate Communications Department

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

Inquiries:

TEL: +81-3-3287-5200

Filing of Quarterly
November 13, 2019
Report (Planned):
Supplementary documents on quarterly financial results: Yes ( FACT BOOK )Quarterly investors meeting: Yes ( for institutional investors and analysts, in Japanese )*Figures are rounded down to the nearest million.
1. Consolidated Results for FY2020-2Q (April 1, 2019 – September 30, 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 corresponding period of the previous fiscal year.
(1) Consolidated Results
Income before Taxes
Profit Attributable
Revenue from Operations
Operating Incomeand Special Itemsto Owners of Parent
Millions of yen

2Q FY2020535,226
2Q FY2019577,289
Note: Comprehensive Income:2Q FY2020%

Millions of yen%

Millions of yen%

Millions of yen%

(7.3)
18.8

92,276
106,891(13.7)
26.8

81,08394,007(13.7)
27.1

48,07861,812(22.2)
48.1¥30,577 million ( (57.5)%)

EPS

Yen
34.84
44.52

Consolidated Financial Position
Total Assets

Sep. 30, 2019
Mar. 31, 2019
(Reference) Total Equity
2. Dividends(Date of Record)¥71,953 million ( 20.8%)

Diluted EPS
Yen
34.85
44.53

2Q FY2020
2Q FY2019(2)

2Q FY2019

Net Assets

Total Equity to Total Assets

Millions of yen

Millions of yen%

5,986,672
5,774,193
Sep. 30, 2019

1,926,625
1,957,105¥1,730,095 million

28.9
30.7

1Q

2Q

Yen
——

Mar. 31, 2019

3Q

Yen
13.00
15.00

FY2019FY2020
FY2020 (Planned)
Note: Revisions to dividend forecast of the fiscal year ending March 31, 2020: No¥1,770,643 million

Annual

4Q

Yen
—Yen
17.00

Yen
30.00

—

16.00

31.00

3. Forecast of Consolidated Financial Results for FY2020 (April 1, 2019 — March 31, 2020)* 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
Revenue from Operations
Operating IncomeEPSand Special Items
to Owners of Parent
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

Full Fiscal Year
1,360,000
7.7
230,000
0.4
207,000
0.2
137,000
1.8
100.20Note: Revisions to forecast of consolidated financial results for FY2020 during this quarter: NoThe Company resolved to repurchase its own shares at the board of directors meeting held on May 14, 2019. The impact of repurchase of own shares is taken into
account in regards to“EPS”in the forecast of consolidated financial results for FY2020.
The EPS is calculated using the number of shares after the Company issued the restricted shares (136,093 shares) on May 24, 2019.

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4. Others(1) Changes in Important Subsidiaries during the Period (Changes in Specified Subsidiaries in accordance with Changes in the Scope of Consolidation): No(2) Adoption of the Simplified Accounting Method and Special Accounting Practices in the Preparation of Quarterly Consolidated Financial Statements: No(3) 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: No

4)

Retrospective restatement: No(4) 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

Sep. 30, 2019
Sep. 30, 20193)

1,391,174,263 shares
23,572,513 sharesMar. 31, 2019

1,391,038,170 sharesMar. 31, 2019

2,888,124 shares

Average number of shares for the period (quarterly consolidated cumulative basis)
Sep. 30, 2019

1,379,702,571 sharesSep. 30, 2018

1,388,101,697 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 disclosure as well as
certain assumptions deemed rational. Therefore, actual performance may differ significantly from such forecasts due to various factors.
Details can be found on our website. (https://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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