August 6, 2021

Summary of Consolidated Financial Statements for FY2022-1Q(the Fiscal Year Ending March 31, 2022)＜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
August 12, 2021
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 FY2022-1Q (April 1, 2021 – June 30, 2021)* 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
Profit Attributable
Income before Taxes
Revenue from Operations
Operating Incomeand Special Itemsto Owners of Parent
Millions of yen

1Q FY2022307,402
1Q FY2021
257,481Note: Comprehensive Income:
1Q FY2022%

Millions of yen%

Millions of yen%

Millions of yen%

19.4(3.2)

62,56354,22815.4
15.7

57,94851,331

12.9
16.7

34,70829,26318.6
10.8¥77,015 million (314.1%)

1Q FY2021¥18,597 million ((27.0%))

EPS

Diluted EPSYenYen
1Q FY2022
25.93
25.93
1Q FY2021
21.86
21.86
* The “Accounting Standards for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc. has been applied since the beginning of the first quarterof the current consolidated fiscal year. Figures for the first quarter of the fiscal year ending March 31, 2022 are stated after the application of the said accounting
standard, etc.
(2)Consolidated Financial Position
Total Assets

Net Assets

Millions of yen

Total Equity to Total Assets

Millions of yen%Jun. 30, 2021
6,299,458
2,097,980
30.0
Mar. 31, 2021
6,072,519
2,061,447
30.5(Reference) Total Equity
Jun. 30, 2021
¥1,891,019 million
Mar. 31, 2021
¥1,851,899 million* The “Accounting Standards for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc. has been applied since the beginning of the first quarterof the current consolidated fiscal year. Figures for the first quarter of the fiscal year ending March 31, 2022 are stated after the application of the said accounting
standard, etc.

2. Dividends(Date of Record)

1Q

2Q

Yen—
—

3Q

Yen
12.00

FY2021
FY2022
FY2022 (Planned)
16.00
Note: Revisions to dividend forecast of the fiscal year ending March 31, 2021: No-1-

Annual

4Q

Yen—

Yen
19.00

Yen
31.00

—

17.00

33.00

3. Forecast of Consolidated Financial Results for FY2022 (April 1, 2021 — March 31, 2022)* 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.
Profit Attributable
Income before Taxes
EPS
Revenue from Operations
Operating Incomeand Special Items
to Owners of Parent
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

Full Fiscal Year
1,326,000
9.8
245,000
9.2
220,000
4.3
142,000
4.7
106.70Note: Revisions to forecast of consolidated financial results for FY2021 during this quarter: No
The Company resolved to repurchase its own shares at the board of directors meeting held on April 8, 2021. The impact of repurchase of own shares is taken
into account in regards to EPS in the forecast of consolidated financial results for FY2022.
The EPS is calculated using the number of shares after the Company issued the restricted shares (150,390 shares) on May 21, 2021.

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: Yes

2)

Changes of accompanying revisions other than 1. above: No

3)

Changes in accounting estimates: No4)

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

3)

Average number of shares for the period (quarterly consolidated cumulative basis)

Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2021

1,391,478,706 shares
54,119,338 shares
1,338,322,875 sharesMar. 31, 2021

1,391,328,316 sharesMar. 31, 2021

52,733,879 shares

Jun. 30, 2020

1,338,583,955 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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