May 8, 2014

Summary of Consolidated Financial Statements for FY2014 (the Fiscal Year Ending on March 31, 2014)＜under Japanese GAAP＞
Company Name:

Mitsubishi Estate Co., Ltd.

Listed Stock Exchanges: Tokyo, Nagoya

Securities Code:
Representative:

8802
Hirotaka Sugiyama, President & CEO
Masaki Yamagishi, General Manager of
the Corporate Communications Department

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

Inquiries:

TEL: +81-3-3287-5200

Annual General Meeting ofJune 27, 2014
Shareholders (Planned):
Filing of Securities Report
June 27, 2014(Planned):
Supplementary documents on financial results : Yes ( FACT BOOK )Investors’ meeting : Yes ( in Japanese )Date for Payment of Dividends (Planned): June 30, 2014

*Figures are rounded down to the nearest million.
１．Consolidated Results for FY2014 (April 1, 2013– March 31, 2014)* Percent figures for revenue from operations, operating income, income before taxes and special items, and net income express the percentage changes from theprevious fiscal year.
(1) Consolidated Results
Income before Taxes
Revenue from Operations
Operating Income
Net Incomeand Special Items
Millions of yenFY2014
1,075,285
FY2013927,157
Note: Comprehensive Income:
FY2014%

Millions of yen%

Millions of yen%

Millions of yen%

16.0
(8.5)

161,271
118,34936.3(19.1)

139,638
92,381

51.2(23.4)

64,29745,50741.3(19.5)¥116,827 million (20.5%)

EPS

FY2013

Diluted EPS

ROE

Yen
Yen
FY201446.34
46.32
FY201332.79
32.78(Reference) Equity in Earnings of unconsolidated subsidiaries and affiliates:
FY2014¥1,547 million(2)

Consolidated Financial Position
Total Assets

(3)

%
5.0
3.6

4,765,368
4,711,521
Mar. 31, 2014
¥1,329,057 millionConsolidated Cash Flows
Cash Flows
from Operating Activities

Operating Incometo Revenue fromOperations

Income before Taxes
and Special Items
to Total Assets%
2.92.0FY2013

Net Assets

Millions of yen

Mar. 31, 2014
Mar. 31, 2013
(Reference) Total Equity¥96,979 million (16.7%)

%
15.0
12.8

¥517million

Total Equity to Total Assets

Net Assets per Share

Millions of yen%

1,447,093
1,366,011

27.9
26.3
¥1,239,547 million

Mar. 31, 2013

Cash Flows
from Investing Activities

Cash Flows
from Financing Activities

Yen

957.80893.27

Cash and Cash Equivalents
at the End of the Period

Millions of yen

Millions of yen

Millions of yen

Millions of yen

336,489
122,286(133,537)(217,992)(177,514)
27,150224,739
191,837

FY2014FY2013

２．Dividends
Dividends per ShareFY2013
FY2014FY2015(Planned)

1Q

2Q

3Q

4Q

Annual

Yen
－－

Yen
6.00
6.00

Yen－－

Yen
6.00
6.00

Yen
12.00
12.00

－

6.00

－

6.00

12.00

-1-

Cash Dividends Paid

Dividend Payout(Annual)Ratio (Consolidated)

Millions of yen
16,651
16,651%
36.6
25.9
27.8

Cash Dividends toNet Assets(Consolidated)

%
1.3
1.3

３．Forecast of Consolidated Financial Results for FY2015(April 1, 2014 — March 31, 2015)* Percent figures for revenue from operations, operating income, income before taxes and special items, and net income express the percentage changes from theprevious fiscal year.
Income before Taxes
Revenue from Operations
Operating Income
Net Income
EPS
and Special Items
Millions of yen

Full Fiscal Year%

1,079,000

Millions of yen

0.3%

134,000

Millions of yen(16.9)%

95,000Millions of yen(32.0)%

60,000Yen(6.7)

43.24

Notes
(1) Changes in Important Subsidiaries during the Period (Changes in Specified Subsidiaries in accordance with Changes in the Scope of Consolidation): Yes
New Consolidation: MM Development Tokutei Mokuteki Kaisya(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: Yes

2)

Changes of accompanying revisions other than 1. above: No

3)

Changes in accounting estimates: No

4)

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, 2014

1,390,397,097 sharesMar. 31, 2013

1,390,397,097 shares

2,780,825 sharesMar. 31, 2013

2,744,114 shares

1,387,643,779 sharesMar. 31, 2013

1,387,704,030 sharesMar. 31, 2014
Mar. 31, 2014
(Reference) Non-Consolidated Results

１．Non-Consolidated Results for FY2014 (April 1, 2013 – March 31, 2014)* Percent figures for revenue from operations, operating income, income before taxes and special items, and net income express the percentage changes from theprevious fiscal year.
(1) Non-Consolidated Results
Revenue from Operations

Income before Taxes

Operating Income

Net Income

and Special Items

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2014405,316

6.4

71,2799.8

66,192

23.9

11,082-FY2013

380,844(10.8)

64,909(34.5)

53,421(38.3)(29,889)-EPS

Diluted EPS
YenYenFY20147.99

7.98

FY2013(21.54)-(2) Non-Consolidated Financial Position
Total Assets
Mar. 31, 2014
Mar. 31, 2013
(Reference) Total Equity

Net Assets

Total Equity to Total Assets

Net Assets per Share

Millions of yen

Millions of yen%Yen

3,904,323

1,178,08430.2

848.6430.0

849.02

3,921,922
Mar. 31, 2014

1,178,640¥1,177,589 million

Mar. 31, 2013

¥1,178,140 million

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.
At the time of this document’s release, review of the financial statements under the Financial Products and Exchange Law has not been completed.
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.

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