‫ٹ‬February 10, 2022

‫ؙؙ‬MITSUBISHI ESTATE CO., LTD.

FACT BOOK FY2022-3Q(The Fiscal Year Ending on March 31, 2022)

Inquiries: MITSUBISHI ESTATE CO., LTD.
Investor Relations Office
TEL: +81-3-3287-5200
FAX: +81-3-3212-3757
https://www.mec.co.jp/e/investor/index.html

Page⋛. Performance Comparisons (Consolidated)⋜. Investment Data⋝. Business Data⋞.Historical Performance Data(Consolidated)

1. Income Statement Results for FY2022-3Q and FY2021-3Q3

2. Current and Previous㸦announced on May 13, 2021㸧Income Statement Forecasts for FY2022

4

3. Current Income Statement Forecasts for FY2022 and Results for FY2021

5

4. Balance Sheet Results at Periods Ended Dec 31, 2021 and Mar 31, 2021

6

5. Consolidated Cash Flow Statement Results for FY2021-3Q, Results for FY2022-3Q, Results for FY2021, andForecasts for FY2022

7

1. Investment data8

2. Assets Breakdown

9

1. Commercial Property Business Operating Revenue Breakdown (Consolidated)

10

2. Office Building Data (Consolidated)

10

3. Office Building Data (Unconsolidated)

10

4. Marunouchi Area Building Data (Unconsolidated)

10

5. Domestic Condominium Business Data11

1. Major Performance Items

12

2. Segment Information (Consolidated)

13⋟. Mitsubishi Estate Group Companies' Data

14‫ع‬16Disclaimer
嵣This FACT BOOK contains predictions and aims which relate to, without limitation, our future economic performance,
our plans and objectives for future operations and projections of revenue and other financial items.
These predictions are inherently subject to risks and uncertainties, due to unforeseeable events or external factors.
Future events and actual results, financial and otherwise, may differ materially from the events and results expressedhere.
嵣Please refer to ASSET BOOK for principal projects.

2⋛. Performance Comparisons (Consolidated)
1. Income Statement Results for FY2022-3Q and FY2021-3Q
Millions of yen (rounded down)

ٛSummaryٜ岧Overview岨
There is a significant increase in revenue, operating profit, and ordinary profit
YoY. Main factors include the followings: an increase in capital gains; an
opening of Tokiwabashi Tower; a recovery of retail properties and hotels; anincrease in fee income in Investment Management Business. There is a slightdecrease in profit attributable to owners of parent YoY. Affecting factors
include an increase in income taxes, etc. as well as an increase in profit
attributable to non-controlling interests as a result of an increase in fee income
in Investment Management Business.
Factors affecting individual segments YoY are detailed below.
岧Commercial Property Business岨
An increase both in capital gains and income gains led to an overall increase inrevenue and profits YoY. Sales from office buildings and logistic facilities contributed
to a significant increase in capital gains. There is an increase in income gains of 2.2
billion yen YoY resulted in an improvement of 8 billion yen after excluding the effectof the adjustment in FY2021-1Q that 5.7 billion yen, costs during temporary closure of
retail properties and hotels, was carried at extraordinary loss from operating costs.
In regards to office buildings, in addition to an increase in rental revenue and profits innew buildings, other factors, such as a record in advance of the amount equivalent torestoration costs in existing buildings, led to an overall increase in revenue andprofits.
Retail properties and hotels have been affected by prolonged SOE during first half of
FY2021; however, business demand has recovered as SOE was lifted and number of
COVID-19 cases decreased in 3Q. Thus, overall revenue is improved YoY.
ٛOffice Buildingsٜ
In regards to new buildings, there is an increase in rental revenue and profits mainly
as a result of opening of Tokiwabashi Tower, which was completed in June. In
existing buildings, despite an impact of a decrease in rental profits as a result of adecrease in rental revenue from buildings to be closed, factors, such as a record inadvance of the amount equivalent to restoration costs in existing buildings, led to an
overall increase in revenue and profits YoY.
ٛRetail Properties (e.g. outlet malls)ٜ
Retail properties is affected by a temporary closure of some outlet malls during SOE
in 1Q and the unfavorable weather and the increasing number of COVID-19 cases in
2Q. However, revenue has recovered as SOE was lifted and number of COVID-19
cases decreased in 3Q, thus overall revenue is improved YoY.

Millions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary income

FY2022-3Q
Results

FY2021-3Q
Results‫ؙ‬Commercial Property Business

566,929

481,83185,098Gain on sale of non-current assets‫ؙ‬Residential Business

214,133

206,086

8,046

Gain on sale of investment securities

7,756‫ؙ‬International Business

73,95853,281

20,676

Gain on sale of shares of subsidiaries and associates

1,853

-

1,853

‫ؙ‬Investment Management Business

23,973

14,537

9,436

Total

9,609

15,610(6,001)‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business

37,43335,802

1,631

7,600

5,682

1,918

‫ؙ‬Eliminations(19,459)(19,338)(121)

Operating Revenue

904,570

777,883

126,686

FY2022-3Q
Results

FY2021-3Q
Results‫ؙ‬Commercial Property Business‫ؙ‬Other

ChangeFY2021-3Q
Results

FY2022-3Q
Results-

Change13,576(13,576)

2,034

5,722

Millions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary loss

Change143,590131,355

12,234

Loss related to retirement of non-current assets‫ؙ‬Residential Business

8,218

6,972

1,245

Loss on valuation of investment securities

-

2,283

(2,283)‫ؙ‬International Business

28,96920,214

8,754

Impairment loss

-

2,646

(2,646)(13,856)

14,060-14,060‫ؙ‬Investment Management Business

11,099

2,642

8,457

Loss on liquidation of subsidiaries-

13,856‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business(1,096)(2,819)1,722

Loss on infectious disease

-

5,698

(5,698)‫ؙ‬Other(1,228)(1,499)270

14,06024,485(10,424)

Total‫ؙ‬Eliminations or Corporate(17,212)(17,388)

176

Operating Profit

172,340

139,477

32,862

ٛReferenceٜ‫ؙ‬Non-operating income

12,91723,782(10,865)‫ٹ‬Capital Gains included in Operating profit

354

274

79

岜岜 Share of profit of entities accounted for using equity method)

Millions of yen (rounded off to the nearest billion)

FY2022-3Q
Results

FY2021-3Q
Results

Change‫ؙ‬Non-operating expenses

34,496

23,794

10,702

Commercial Property Business

27,00017,000Ordinary Profit

150,760

139,465

11,294

Residential Business

5,000

6,000

(1,000)9,609

15,610(6,001)

International Business

12,0002,000

10,000ٛHotelsٜ
Despite a continued stagnant occupancy rate due to prolonged SOE during first halfof FY2021, the demand has recovered as SOE was lifted and number of COVID-19
cases decreased in 3Q, thus overall revenue is improved YoY.

‫ؙ‬Extraordinary income

10,000‫ؙ‬Extraordinary loss

14,06024,485(10,424)

Investment Management Business--Profit before Income Taxes

146,309130,591

15,718

Other

-

-

-

岧Residential Business岨
There is an increase in revenue and profits YoY. While the number of units sold ofdomestic condominiums is decreased, there is an increase in profits as a result of
improvement of the gross margin and cost reduction. 99.6% of sales forecast after
adjustment has already been under agreement.

‫ؙ‬Total income taxes

44,45434,391

10,063Eliminations or Corporate

-

-

-

Profit101,855

96,199

5,655

Total

44,00025,00019,000‫ؙ‬Profit attributable to non-controlling interests

14,712

7,417

7,294

*Capital Gains: Disposition of assets and other one-time-only profit with the exclusion of residential condominium sales.

岧International Business岨
There is an increase in revenue and profits YoY. An increase in capital gains fromsales of logistic facilities in U.S. is the main factor led to an overall increase.

Profit Attributable to Owners of Parent

87,142

88,782(1,639)岧Investment Management Business岨
There is an increase in revenue and profits YoY. Record of contingent fee from risingmarket value of managed assets in U.S. funds is the main factor led to an overall
increase. However, the said contingent fee is expected to be distributed to employees
in management companies, therefore, contribution of profit attributable to owners ofparent is limited.

ٛReferenceٜԏBusiness profit
Business profit-

Millions of yen (rounded down)

FY2022-3Q
Results

FY2021-3Q
Results

172,694

139,752

Change32,942*Business profit: Operating profit + Share of profit of entities accounted for using equity method

32. Current and Previous‫ق‬announced on May 13, 2021‫ك‬Income Statement Forecasts for FY2022
Millions of yen (rounded down)

ٛSummaryٜAn increase of dividends is expected as the earnings estimates are
greatly upgraded from the previous one. Recorded the highest inrevenue, operating profit, and profit attributable to owners of parent.
ROE is expected to improve by 8%.
Operating profit is increased by 35 billion yen. Factors contributed tosuch increase include: an increase in overseas capital gains; anincrease in contingent fee in Investment Management Business; anincrease in profits from domestic condominium business. A decrease inprofits of 5 billion yenYoY in Commercial Property Business is expected
mainly due to a deterioration of business conditions in retail properties
and hotels caused by prolonged SOE.
Profit attributable to owners of parent is increased by 13 billion yen
resulted in an increase of annual dividends per share by 3 yen, from 33
yen to 36 yen.

Millions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary income

FY2022
Revised
Forecasts

FY2022Previous
Forecasts

Change‫ؙ‬Commercial Property Business

767,000

787,000(20,000)

Gain on sale of non-current assets

7,000

7,000

0

‫ؙ‬Residential Business

384,000

373,000

11,000Gain on sale of investment securities

9,000

6,000

3,000

‫ؙ‬International Business

117,000

96,00021,000Gain on sale of shares of subsidiaries and associates

2,000

2,000

0

‫ؙ‬Investment Management Business

48,00023,00025,000Total

18,00015,0003,000‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business

61,00062,000(1,000)‫ؙ‬Other

10,00010,0000‫ؙ‬Eliminations(26,000)(25,000)(1,000)1,361,000

1,326,000

35,000

FY2022
Revised
Forecasts

FY2022Previous
Forecasts‫ؙ‬Commercial Property Business

189,000

194,000(5,000)Loss related to retirement of non-current assets

17,00017,0000‫ؙ‬Residential Business

30,00024,000

6,000

Total

17,00017,0000‫ؙ‬International Business

55,00042,00013,000‫ؙ‬Investment Management Business

28,0007,000

21,000‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business

4,000

4,000

0

‫ؙ‬Other(1,000)(2,000)1,000

Operating Revenue

FY2022Previous
Forecasts

FY2022
Revised
Forecasts

ChangeMillions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary loss

ٛReferenceٜ‫ٹ‬Capital Gains included in Operating profit

ChangeMillions of yen (rounded off to the nearest billion)

FY2022
Revised
Forecasts

FY2022Previous
Forecasts

Change‫ؙ‬Eliminations or Corporate(25,000)(24,000)(1,000)Commercial Property Business

41,00043,000Operating Profit

280,000

245,000

35,000Residential Business

5,000

5,000

0

‫ؙ‬Non-operating income

14,00011,0003,000International Business

29,00016,00013,000岜岜 Share of profit of entities accounted for using equity method)(2,000)

300

300

0

Investment Management Business

-

-

-

‫ؙ‬Non-operating expenses

40,00036,000

4,000

Other

-

-

-

Ordinary Profit

254,000

220,000

34,000Eliminations or Corporate--‫ؙ‬Extraordinary income

18,00015,000

3,000

Total

‫ؙ‬Extraordinary loss

17,00017,0000Profit before Income Taxes

255,000

218,000

37,00075,000-64,00011,000*Capital Gains: Disposition of assets and other one-time-only profit with the exclusion of residential condominium sales.

‫ؙ‬Total income taxes

77,00065,00012,000ٛReferenceٜ

Profit178,000

153,000

25,000ԏBusiness profit‫ؙ‬Profit attributable to non-controlling interests

23,00011,00012,000

FY2022
Revised
Forecasts

FY2022Previous
Forecasts

Profit Attributable to Owners of Parent

155,000

142,000

13,000Business profit

280,300

245,300

Millions of yen (rounded down)

Change35,000*Business profit: Operating profit + Share of profit of entities accounted for using equity method

43. Current Income Statement Forecasts for FY2022 and Results for FY2021
Millions of yen (rounded down)

An overall increase is expected in revenue and profits YoY. Main factors
include the followings: a positive effect of completion and a full-year
operation of new buildings; an increase in capital gains; an increase in
fee income in Investment Management Business; a less impact of
COVID-19 in hotels and retail properties.
岧Commercial Property Business岨ٛOffice Buildingsٜ
An overall increase in revenue and profits is expected as a result ofcompletion and a full-year operation of new buildings, an increase in theamount equivalent to restoration costs, and an increase in capital gains.
ٛRetail Properties (e.g. outlet malls)ٜ
An increase in rental revenue and profits is expected as a result of less
impact of COVID-19.
ٛHotelsٜ
A decrease in deficit is expected as a result of less impact of COVID-19.
岧Residential Business岨
An overall increase in revenue and profits is expected as a result of favorable
performance in domestic condominiums.
岧International Business岨
A significant increase in profits is expected as a result of an increase incapital gains.
岧Investment Management Business岨
A significant increase in revenue and profits is expected as a result ofcontingent fee from rising market value of managed assets in U.S. funds.

Millions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary income

FY2022
Revised
Forecasts

FY2022
Revised
Forecasts

FY2021Results‫ؙ‬Commercial Property Business

767,000

672,441

94,559Gain on sale of non-current assets

7,000

13,582(6,582)‫ؙ‬Residential Business

384,000

362,755

21,245Gain on sale of investment securities

9,000

3,021

5,979

‫ؙ‬International Business

117,000

114,457

2,543

Gain on sale of shares of subsidiaries and associates

2,000

-

2,000

‫ؙ‬Investment Management Business

48,00022,19925,801

Total

18,00016,603

1,397‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business

61,00056,064

4,936

ChangeFY2021Results

Change‫ؙ‬Other

10,0009,055

945‫ؙ‬Eliminations(26,000)(29,378)

3,378

1,361,000

1,207,594

153,406‫ؙ‬Commercial Property Business

189,000

180,775

8,225

Loss related to retirement of non-current assets‫ؙ‬Residential Business

30,00024,0685,932

Impairment loss

-

4,679

(4,679)‫ؙ‬International Business

55,00037,932

17,068Loss on liquidation of subsidiaries-

13,826(13,826)‫ؙ‬Investment Management Business

-

5,698

(5,698)17,00026,304(9,304)

Operating Revenue

Millions of yen (rounded down)‫ٹ‬Breakdown of Extraordinary loss

28,0005,966

22,034

Loss on infectious disease‫ؙ‬Architectural Design & Engineering Business and Real Estate Services Business

4,000

959

3,041

Total

‫ؙ‬Other(1,000)(1,089)89‫ؙ‬Eliminations or Corporate(25,000)(24,219)(781)

Operating Profit

280,000

224,394

55,606‫ؙ‬Non-operating income

14,00026,292(12,292)

岜岜 Share of profit of entities accounted for using equity method)ٛReferenceٜ‫ٹ‬Capital Gains included in Operating profit

FY2022
Revised
Forecasts

FY2021Results

17,000Change2,099

14,901Millions of yen (rounded off to the nearest billion)

FY2022
Revised
Forecasts

FY2021Results

Change

300

307

(7)

Commercial Property Business

41,00032,0009,000‫ؙ‬Non-operating expenses

40,00039,720280

Residential Business

5,000

7,000

(2,000)Ordinary Profit

254,000

210,965

43,035International Business

29,000‫ؙ‬Extraordinary income

18,00016,603

1,397

Investment Management Business--‫ؙ‬Extraordinary loss

17,00026,304(9,304)

Other

-

-

-

Profit before Income Taxes

255,000

201,265

53,735

Eliminations or Corporate

-

-

-

12,00017,000-‫ؙ‬Total income taxes

77,00054,19522,805

Total

Profit178,000

147,069

30,931*Capital Gains: Disposition of assets and other one-time-only profit with the exclusion of residential condominium sales.

‫ؙ‬Profit attributable to non-controlling interests

23,00011,414

11,586

Profit Attributable to Owners of Parent

155,000

135,655

19,34575,000ٛReferenceٜ

51,00024,000Millions of yen (rounded down)

ԏBusiness profit

FY2022
Revised
Forecasts

FY2021Results

Business profit

280,300

224,701

Change55,599*Business profit: Operating profit + Share of profit of entities accounted for using equity method

54. Balance Sheet Results at Periods Ended Dec 31, 2021 and Mar 31, 2021
Millions of yen (rounded down)

At Dec 31, 2021 At Mar 31, 2021
AssetsI. Current assets
1. Cash and deposits
2. Trade notes accounts receivable, and contract assets
3. Securities
4. Real estate for sale
5. Real estate for sale in process
6. Real estate for development
7. Costs on construction contracts in progress
8. Other inventories
9. Equity investments
10. Other current assets
11. Allowance for doubtful accounts
Total current assets
II. Non-current assets
1. Property, plant and equipment(1) Buildings and structures(2) Machinery, equipment and vehicles(3) Land(4) Land in trust(5) Construction in progress(6) Other property, plant and equipment
Total property, plant and equipment
2. Intangible assets(1) Leasehold interests in land
(2) Other intangible assets
Total intangible assets
3. Investments and other assets(1) Investment securities(2) Long-term loans receivable(3) Leasehold and guarantee deposits(4) Retirement benefit asset(5) Deferred tax assets(6) Other investments(7) Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

Millions of yen (rounded down)

Change243,036
43,682
5,926
54,504
302,534
724
6,935
1,732
569,290
94,541(533)
1,322,377

170,040
52,031
4,626
88,116
267,563
975
7,144
1,034
496,182
76,875(553)
1,164,037

72,996(8,348)1,300(33,611)34,970
(250)
(209)
698
73,10817,666
19
158,339

1,217,048
31,6822,286,800
591,785
132,306
18,8694,278,491

1,178,764
30,4602,237,934
578,446
136,273
18,013
4,179,893

38,283
1,221
48,866
13,338(3,967)855
98,59885,51924,728110,247

76,19324,901
101,095

9,326
(173)
9,152

280,812
11,607142,286
35,861
23,597
166,069(577)
659,659
5,048,398
6,370,776

281,996
11,661
136,478
34,37016,536
146,455(6)
627,493
4,908,481
6,072,519(1,184)
(53)
5,807
1,491
7,061
19,613(570)
32,165
139,917298,257

At Dec 31, 2021 At Mar 31, 2021
Liabilities
I. Current liabilities
1. Trade notes and accounts payable
2. Short-term borrowings
3. Current portion of long-term borrowings
4. Commercial papers
5. Current portion of bonds payable
6. Income taxes payable
7. Other current liabilities
Total current liabilities
II. Non-current liabilities
1. Bonds payable
2. Long-term borrowings
3. Leasehold and guarantee deposits received
4. Deferred tax liabilities
5. Deferred tax liabilities for land revaluation
6. Retirement benefit liability
7. Provision for retirement benefits for directors (and other officers)

8. Provision for environmental measures
9. Negative goodwill
10. Other long-term liabilities
Total non-current liabilities
Total liabilities
Net assets
I. Shareholders' Equity
1. Share capital
2. Capital surplus
3. Retained earnings
4. Treasury shares
Total shareholders' equity
II. Accumulated other comprehensive income
1. Valuation difference on available-for-sale securities
2. Deferred gains or losses on hedges
3. Revaluation reserve for land
4. Foreign currency translation adjustment
5. Remeasurements of defined benefit plans‫ ؙ‬Total accumulated other comprehensive income
III. Stock acquisition rights
IV. Non-controlling interests
Total net assets
Total liabilities and net assets

Change38,815174,079
106,471
64,000100,000
7,590
216,384
707,341

60,507
141,785
127,643
50,00065,00024,457
193,043
662,437(21,691)
32,293(21,171)
14,00035,000(16,867)
23,34144,904

736,180
1,564,389
457,219
255,979
264,082
27,636483
4,482
85,199141,256
3,536,910
4,244,252

745,759
1,393,858
466,891
243,818
264,082
27,123662
4,537
83,604
118,294
3,348,634
4,011,071(9,579)170,530(9,671)
12,161
512
(178)
(55)
1,594
22,961
188,276
233,180

142,414
159,5211,097,355(122,511)
1,276,778

142,279
164,367
1,058,457(105,216)
1,259,887

135(4,846)38,897(17,295)
16,890118,070(1,282)526,417(14,865)
2,117
630,456
231
219,056
2,126,523
6,370,776

118,088(1,916)526,417(53,740)
3,163
592,011231
209,316
2,061,447
6,072,519(17)
634
38,874(1,045)38,445
9,740
65,076298,257

6

5. Consolidated Cash Flow Statement Results for FY2021-3Q, Results for FY2022-3Q, Results for FY2021, and Forecasts for FY2022
Millions of yen (rounded down)⋇FY2021-3Q Results⋈FY2022-3Q Results

Change‫⋈ق‬-⋇‫ك‬⋉FY2021 Results⋊FY2022 (Forecasts)

Change‫⋊ق‬-⋉‫ك‬

130,591

146,30915,718201,265

255,000

53,735Adjustment for extraordinary income or loss

7,586

7,204

(382)

10,935

10,000(935)

Profit before income taxes

Depreciation

66,372

67,933

1,561

89,10790,000893

Decrease (increase) in inventories

23,63071,40947,77956,44315,000(41,443)

Decrease (increase) in equity investments

13,574(15,858)(29,432)(21,048)(73,000)(51,952)

Other(86,567)(46,896)

39,671(71,888)(73,000)(1,112)

Income taxes paid

(57,138)(55,254)

1,883(57,400)(51,000)

6,400‫ؙ‬Net cash provided by (used in) operating activities

98,049174,848

76,798207,414173,000(34,414)

Proceeds from sale and redemption of investment securities

12,813

8,398(4,414)

14,186

11,000(3,186)

Proceeds from sales of property and equipment and beneficial
interests in trust of property and equipment

29,788

7(29,780)

30,40316,000(14,403)

Capital investment(231,284)(217,833)

13,450(319,841)(352,000)(32,159)

Other(18,887)(13,982)

4,905(22,051)(21,000)

1,051‫ؙ‬Net cash provided by (used in) investing activities(207,570)(223,410)(15,839)(297,303)(346,000)(48,697)

Newly acquired funds

271,062

291,908

20,845437,155

455,000

17,845

Repayment(142,388)(132,699)

9,689(365,441)(233,000)

132,441

Cash dividends paid

(48,054)(55,606)(7,552)(51,153)(56,000)(4,847)(18)(19,858)(19,839)(23)(30,000)(29,977)

Repurchase and disposal of own shares
Other

193,028

34,361(158,667)

29,88831,0001,112‫ؙ‬Net cash provided by (used in) financing activities

273,629

118,105(155,524)

50,425167,000

116,575

Cash and cash equivalents at end of period

373,948245,875(128,072)

172,307

163,000(9,307)‫ؙ‬Free cash flow

(109,520)(48,561)

60,958(89,889)(173,000)(83,111)7⋜. Investment Data
1. Investment data
Capital investment*

Millions of yen (rounded down)

FY2022-3Q

Equity investment

FY2022 (Forecasts)

Total

217,833

Mitsubishi Estate

96,618Millions of yen (rounded down)

FY2022-3Q

Total

352,000

Mitsubishi Estate

147,000

FY2022 (Forecasts)

Total

61,424

Mitsubishi Estate

17,888

Total

128,000

Mitsubishi Estate

45,000(Breakdown)(Breakdown)(Breakdown)(Breakdown)

Office Building

Office Building

Logistics Facility

14,300Logistics Facility

40,00051,824

New/Redevelopment buildings(Marunouchi redevelopment etc.)

77,000

Office Building

2,010

Office Building

2,000

Refurbishment cost etc.

9,362

Refurbishment cost etc.

14,000International

1,503International

2,000

Hotel

13,561Hotel

22,000

Other(Domestic)

1,000

Retail Property

11,788Logistics Facility

22,000Logistics Facility

9,387

Retail Property

12,000

Other

205,000

Other

83,000

New/Redevelopment buildings(Marunouchi redevelopment etc.)

Other

121,215(Breakdown)(Breakdown)

Other

43,535(Breakdown)(Breakdown)

Mitsubishi Estate Residence

40,778Mitsubishi Estate Residence

74,000US

29,919US

50,000Mitsubishi Estate Europe

35,302

Mitsubishi Estate Europe

51,000Asia, Oceania

12,606

Asia, Oceania

31,000

MEC Group International

27,554

MEC Group International

50,000Europe1,008

Europe2,000

Marunouchi Heat Supply

4,521

Tokyo Ryutsu Center

7,000

Consolidated SPC(Domestic)

3,739

Marunouchi Heat Supply

5,000

Sunshine City

2,976

Consolidated SPC(Domestic)

4,000

Royal Park Hotels & Resorts

1,574

Sunshine City

4,000

Mitsubishi Estate‫؞‬Simon

1,427

Mitsubishi Estate‫؞‬Simon

4,000

Consolidated SPC(International)

1,234Royal Park Hotels & Resorts

2,000

Consolidated SPC(International)

2,000* Major inter-group transactions are eliminated.

8

2. Assets Breakdown
Assets Breakdown (Consolidated)

Special Purpose Vehicles Data
Millions of yen (rounded down)

Inventories
Condominium (domestic)
International
US
EuropeAsia
OtherTotal inventories
Equity investments
Domestic Office Building
Domestic (other)At Dec 31, 2021

At Mar 31, 2021

Change284,488
7,727
7,727
74,217366,432

272,812
1,906
1,906
90,116364,834

11,676
5,821
5,821(15,899)
1,598

Equity investments by Mitsubishi Estate
Domestic Office Building
Domestic(other)
International
US
EuropeAsia
Total equity investments by Mitsubishi Estate

58,25468,42956,19952,723

2,055
15,706ٛReferenceٜ
Equity investments by other companies

International

442,606

387,260

55,346

US
EuropeAsia

217,801
59,478165,327569,290

181,046
57,260148,952
496,182

36,755
2,218
16,375
73,1083,120,113
131,220
81,422
146,667
138,021423,708
181,158
153,064
89,485
237,340
4,278,491

3,119,190
135,846
81,025
138,314112,130
374,646
172,329
115,071
87,246
218,742
4,179,893

923(4,626)397
8,353
25,89149,062
8,829
37,993
2,239
18,59898,598

Total equity investments
Property, plant and equipment
Office Building
Outlet Mall
Logistics Facility
Retail Property (Except Outlet Mall)
Rental Apartment
International
US
EuropeAsia
OtherTotal property, plant and equipment

At Sep 30, 2021

Domestic Office Building

56,29468,076425,312203,319
60,995160,997549,683

Millions of yen (rounded down)
At Mar 31, 2020
Change56,19952,723
387,260
181,046
57,260148,952
496,18295
15,35338,052
22,273
3,735
12,04553,500Millions of yen (rounded off to the nearest billion)
104,000

104,000

0

Domestic(other)000International
1,021,000
890,000
131,000
US585,000
494,000
91,000Europe52,00049,0003,000
Asia
384,000
347,000
37,000Total equity investments by other companies
1,125,000
994,000
131,000
Interest bearing debt borrowed by SPV
Domestic Office Building
77,00077,0000
Domestic(other)
4,000
4,000
0
International
961,000
839,000
122,000US
410,000
388,000
22,000Europe
6,000
6,000
Asia
545,000
451,000
94,000Total interest bearing debt borrowed by SPV
1,042,000
920,000
122,000* Domestic Same-Boat investment in Investment Management Business, etc. is not listed in the above ref9⋝. Business Data
1. Commercial Property Business Operating Revenue Breakdown (Consolidated)*1

Millions of yen (rounded down)

FY2019FY2020

FY2021-3Q

FY2021

FY2022-3Q

FY2022 (Forecasts)‫ؙ‬Marunouchi Area Office Building-

243,681

186,308248,249

195,669

256,000‫ؙ‬Tokyo Area Office Building (Outside of Marunouchi)-

128,927

104,939

140,514

111,850

148,000‫ؙ‬Office Building (Outside of Tokyo)-

64,54844,82459,45745,09660,000‫ؙ‬Outlet Mall-

46,38629,07240,02732,57445,000‫ؙ‬Other*2-

40,91925,80936,175

26,79535,000

Leasing-

524,464

390,952

524,423

411,985

544,000

Sales of assets

Total leasing-

91,03019,28052,87893,478127,000

Other*3-

108,217

71,597

95,13961,46596,000

Total-

723,712481,831

672,441

566,929

767,000*1 Including revenue from other segments*2 Including independent shopping center, logistics facility, etc.
*3 Including property management, hotel, dividend from unconsolidated SPV (including capital gain through SPV), etc.

2. Office Building Data (Consolidated)(Thousands of square meters)

At Mar 31, 2019

At Mar 31, 2020

At Dec 31, 2020

At Mar 31, 2021

At Dec 31, 2021

3,968

4,120

4,196

4,147

4,133

Owned by MEC

2,536

2,592

2,605

2,543

2,539

Subleases

1,432

1,528

1,591

1,604

1,594

Contracted area

3. Office Building Data (Unconsolidated)(Thousands of square meters ; yen/tsubo.month)

At Mar 31, 2019

At Mar 31, 2020

At Dec 31, 2020

At Mar 31, 2021

At Dec 31, 2021

At Mar 31, 2022
(Forecasts)‫ؙ‬Owned by MEC

3,729

3,736

3,744

3,732

3,757

3,743

‫ؙ‬Subleases

2,016

2,133

2,288

2,259

2,268

2,273

‫ؙ‬Total

5,745

5,869

6,032

5,991

6,024

6,016

(2) Leasable area

3,631

3,726

3,832

3,807

3,821

3,818

(1) Total operating floor space(3) Vacancy rate (All uses in Japan*1 )(4) Average rent*2 (All uses in Japan)*1 Including retail area etc. in office building*2 The average rent is per 3.3 square meters per month.

1.80 ٫

1.07 ٫

1.86 ٫

2.35 ٫

27,177

27,777At Mar 31, 2019

At Mar 31, 2020

At Dec 31, 2020

At Mar 31, 2021

Operating floor space

2,915

2,915

2,952

2,952

3,013

Leasable area

1,755

1,751

1,776

1,773

1,798

4. Marunouchi Area Building Data (Unconsolidated)

Office vacancy rate
Building lease revenue

27,793

3.54 ٫

26,702

28,341

3.5 ٫
28,500(Thousands of square meters; millions of yen(rounded down))

2.19 ٫
235,1190.69 ٫
243,457

1.73 ٫
185,876

2.50 ٫
247,558

At Dec 31, 2021

3.85 ٫
195,60410

5. Domestic Condominium Business Data
FY2019FY2020

FY2021-3Q

FY2021

FY2022-3Q

FY2022 (Forecasts)

238,924

202,876

95,822

203,513

93,524

212,000

Condominiums sold (units)

4,007

3,214

1,624

3,476

1,353

3,000

Gross margin*1

17.0 ٫

17.8 ٫

19.2 ٫

18.7 ٫

19.2 ٫

21.0 ٫

Inventory (units)

542

373

240

213

62

-

Condominiums sold (Millions of yen)

New supply of condominiums (units)

3,966

2,924

1,655

2,350

1,475

1,820

144,970

162,141

272,781

140,455

269,608---

188,500-

211,162-

104,242

130,195

83,847

139,475

49,474-The post following fiscal year share (Millions of yen)
40,728*1 Subtract Land acquisition cost and Construction cost from Sales*2 Including condominiums sold

31,946

434

980

8,972

-

Condominium contract balance (Millions of yen)
The fiscal year share*2 (Millions of yen)
The following fiscal year share (Millions of yen)11⋞.Historical Performance Data(Consolidated)
1. Major Performance Items
FY2020

FY2021-3Q

FY2021

FY2022-3Q

FY2022 (Forecasts)

1,263,283

1,302,196

777,883

1,207,594

904,570

1,361,000

Operating profit

229,178

240,768

139,477

224,394

172,340

280,000

Ordinary profit

206,587

219,572

139,465

210,965

150,760

254,000

Profit attributable to owners of parent

134,608

148,451

88,782

135,655

87,142

155,000

5,774,193

5,858,236

6,177,981

6,072,519

6,370,776

6,450,000

361,455

329,305

350,931364,834

366,432

Non-current assets (Property, plant and equipment and Intangible assets)

4,183,212

4,204,019

4,291,684

4,280,988

4,388,739

Interest-bearing debt

2,319,597

2,429,883

2,739,639

2,526,142

2,747,100

2,780,000

Net interest-bearing debt

2,140,288

2,216,874

2,365,691

2,353,835

2,501,224

2,620,000

Operating revenue
PL

Total assets*1
Inventories
BS

Average interest rate
Shareholders' equity *2

CFIndicator

Millions of yen (rounded down)
FY20190.98 ٫
1,770,643

1,734,462

Cash flow from operating activities

345,954‫(ؙ‬Depreciation)

80,3360.85 ٫

0.87 ٫

-0.78 ٫

0.75 ٫

1,786,712

1,851,899

1,907,235

2,000,000

341,766

98,049207,414

174,848

173,000

84,941

66,372

89,10767,93390,000(271,083)(277,440)(207,570)(297,303)(223,410)(346,000)‫(ؙ‬Capital investment)(285,089)(331,857)(231,284)(319,841)(217,833)(352,000)

Cash flow from financing activities(192,473)(28,886)

273,629

50,425

118,105

167,000

Free cash flow

74,87164,326(109,520)(89,889)(48,561)(173,000)

Business profit *3

229,442240,998

139,752

224,701

172,694

280,300

EBITDA *4

320,641

336,784

222,604 *5

331,821 *5

249,580

Cash flow from investing activities

380,000

ROA*6

4.0 ٫

4.1 ٫

-٫

3.8 ٫

-٫

4.5 ٫

ROE*7

7.8 ٫

8.5 ٫

-٫

7.6 ٫

-٫

8.0 ٫

EPS(Yen)

96.97

108.6466.33

101.3465.28

116.32

Net interest-bearing debt‫ط‬EBITDA

6.7 times

6.6 times- times

7.1 times- times

6.9 times

After hybrid debt deductions *8

6.1 times

6.1 times- times

6.6 times- times

6.5 times

Debt equity ratio *9

1.31

1.40

1.53

1.36

1.44

1.39

‫ؙ‬After hybrid debt deductions*8

1.10

1.18

1.31

1.18

1.25

1.22

23,503

22,10016,43921,623

15,487

Interest expense
Interest coverage ratio (ICR) *10

10.1 times

Annual dividends per share(Yen)Dividend payout ratio
Other

0.93 ٫

-11.3 times- times11.2 times

20,000- times

14.4 times

30

33

-

31

-

36

30.9 ٫

30.4 ٫

-٫

30.6 ٫

-٫

30.9 ٫

Current value of Income generating assets

7,941,134

8,270,844-

8,361,217--

Income generating assets unrealized gain

3,898,413

4,222,505-

4,250,222--

Exchange average rate(¥/$‫ك‬/PL

110.44109.03107.55106.77108.59110.00Exchange average rate(¥/£‫ك‬/PL

147.41139.19136.68137.01150.46151.00Exchange current rate(¥/$‫ك‬/BS

111.00109.56105.80103.50111.92115.00Exchange current rate(¥/£‫ك‬/BS

140.46143.48136.09139.82150.43155.00*1 From FY2019/3-1Q onward, the amendment to Standard for Tax Effect Accounting announced on February 16th, 2018 has been applied.
Thus figure on the Total assets as of the end of March, 2018, is also modified based on the application of the amendment.
*2 Shareholders' equity = Net assets - Stock acquisition rights - Non-controlling interests*3 Business profit = Operating profit + Share of profit of entities accounted for using equity method*4 EBITDA = Operating income + Interest income + Dividend income + Share of profit of entities accounted for using equity method + Depreciation + Amortization of goodwill*5 Depreciation for FY2021-3Q , FY2021 = Total of Depreciation ٕ Depreciation included in Loss on infectious disease (1,976 millions of yen)
*6 ROA = Business profit / Total assets (average‫ك‬*7 ROE = Profit attributable to owners of parent / Shareholders' equity (average)*8 The subordinated bond and subordinated loan subject to equity credit from a credit rating agency (50% equity treatment) are shown after deductions.
*9 Debt equity ratio = Interest-bearing debt / Shareholders' equity*10 ICR = (Operating profit + Interest income + Dividend income + Share of profit of entities accounted for using equity method) / Interest expense

122. Segment Information (Consolidated)

Operatingrevenue

FY2019FY2020

FY2021-3Q

FY2021

FY2022-3Q

Millions of yen (rounded down)
FY2022 (Forecasts)

岜Commercial Property Business-

723,712481,831

672,441

566,929

767,000

岜Residential Business-

385,538

206,086

362,755

214,133

384,000

岜International Business-

134,175

53,281

114,457

73,958117,000

岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others-

21,316

14,53722,19923,97348,000-57,12835,80256,06437,43361,000

-

8,743

5,682

9,055

7,600

10,000岜Eliminations or Corporate-(28,418)(19,338)(29,378)(19,459)(26,000)

1,302,196

777,883

1,207,594

904,570

1,361,000

187,855

131,355

180,775

143,590

189,000

岜TotalOperatingprofit1,263,283

岜Commercial Property Business-岜Residential Business-

24,320

6,972

24,0688,218

岜International Business-

46,156

20,21437,93228,96955,000岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others

-

4,467

2,642

5,966

11,09928,000岜Eliminations or Corporate岜Total959(1,096)4,000(1,499)(1,089)(1,228)(1,000)(22,420)(17,388)(24,219)(17,212)(25,000)

240,768

139,477

224,394

172,340

280,000
189,300-

188,099

131,626

181,084

143,926

岜Residential Business-

24,305

6,976

24,066

8,237

30,000岜International Business-

46,156

20,21737,93228,96955,000

-

4,467

2,642

5,966

11,09928,000-2,407(2,819)959(1,096)4,000-(2,018)(1,499)(1,089)(1,228)(1,000)229,442(22,420)(17,391)(24,219)(17,212)(25,000)

240,998

139,752

224,701

172,694

280,300

岜Commercial Property Business-

70,92753,226

71,71354,676-

岜Residential Business

-

3,946

3,080

4,120

3,324

-

岜International Business

-

6,646

6,600

8,599

6,210

-

岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others

-

1,333

1,017

1,359

1,070

-

-

868

678

909

659

-

-

98

97

130

109

-

岜Eliminations or Corporate

-

1,119

1,671

2,274

1,883

-

66,372

89,10767,933

56

75

56

-

268

358

268

-

岜Total

80,336

84,94190,000岜Commercial Property Business-岜Residential Business-岜International Business

-

66

48

64

49

岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others

-

1,929

1,425

2,146

1,242

-

-

208

283

377

283

-

-

-

-

-

-

岜Eliminations or Corporate

-

-

-

-

-

岜Total

3,282

386

2,591

2,082

3,022

1,901

2,100

岜Commercial Property Business-

169,163

149,971

193,938

117,313-

岜Residential Business-

45,07950,86572,62941,618-

岜International Business-

113,755

26,91347,713

63,696-岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others

-

328

20

54

680

-

-

948

430

454

482

-

-

411

258

321

48

-

岜Eliminations or Corporate

-

2,172

2,824

4,729

(6,006)331,857

231,284

319,841

217,833

岜Commercial Property Business-

4,135,091

4,201,133

4,167,287

4,237,521

岜Residential Business-

570,282

609,884

673,344689,621-

岜International Business-

887,179

935,683

929,869

1,069,281-

岜Investment Management Business岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others-

71,82969,377

77,586

92,834--55,73750,58856,06753,379--13,27025,84025,367

26,985-岜Eliminations or Corporate-

124,847

285,474

142,995

201,152

5,858,236

6,177,981

6,072,519

6,370,776

岜TotalTotal assets(2,819)(2,018)

岜Commercial Property Business岜TotalCapitalinvestment

2,407

-

岜Eliminations or Corporate

Amortization of
goodwill-

229,178

岜Investment Management BusinessBusiness Profit* 岜Architectural Design & Engineering Business and岜Real Estate Services Business岜Others

Depreciation

30,000岜Total

285,089

5,774,193

352,000-

6,450,000*Business profit: Operating profit + Share of profit of entities accounted for using equity method13⋟. Mitsubishi Estate Group Companies' Data
Millions of yen (rounded down)
Mitsubishi Estate Co., Ltd.
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Jisho Property Management Co., Ltd.*
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Number of management properties
Management area
Marunouchi Heat Supply Co., Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Sunshine City Corporation
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Estate‫؞‬Simon Co., Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Store floor area

FY2019FY2020

FY2021-3Q

FY2021

FY2022-3Q

498,273
110,803
126,115
100,980
4,749,852
47,579549,362
117,176
131,431
109,251
4,782,507
51,121

376,31389,132
117,499
88,371
5,058,105
38,335542,646
138,571
158,345
110,616
4,936,321
51,455414,819
89,673
101,337
75,296
5,069,587
39,893

FY2019FY2020100.00 ٫
80,683
5,960
5,960
4,101
77,633201
184
8,615,266 ⋻FY2021-3Q
100.00 ٫

FY2021100.00 ٫
79,547
5,950
5,936
4,282
77,146227
172
8,124,226 ⋻FY2019FY202059,981
3,817
3,817
2,636
78,498152-⋻100.00 ٫
83,247
5,757
5,757
3,978
82,448209
197
8,963,474 ⋻FY2022-3Q
100.00 ٫
67,082
3,388
3,389
2,308
93,489161-⋻

FY2021-3Q
65.59 ٫FY2021

15,766
2,037
1,982
4,327
39,631
2,732

11,825
1,584
1,423
988
41,551
2,651

15,694
1,771
1,615
995
41,923
3,594

12,218
1,312
1,190
980
41,2632,787

FY2019FY202063.20 ٫26,926
5,213
3,473
2,372
106,0815,686

FY2021-3Q
63.20 ٫FY202163.20 ٫28,121
6,933
5,690
3,954
111,663
5,265

FY2022-3Q
63.20 ٫FY2019FY202060.00 ٫46,65919,673
19,952
13,572
108,913
5,035
314,600 ⋻60.00 ٫46,393
18,963
19,21913,165
110,754
5,197
315,300 ⋻64.16 ٫65.59 ٫14,833
1,855
1,837
1,712
33,2552,600

18,044
4,060
3,021
1,581
106,2124,265
FY2021-3Q
60.00 ٫29,073
10,415
10,687
6,569
119,3534,497-⋻

65.59 ٫63.20 ٫24,079
5,194
4,344
2,085
104,830
5,732
FY202160.00 ٫40,03014,61914,942
9,477
121,724
6,126
345,500 ⋻FY2022-3Q
65.59 ٫18,504
3,451
2,922
2,051
105,225
4,283
FY2022-3Q
60.00 ٫32,574
12,386
12,682
8,776
123,113
4,643-⋻* As of April 1, 2021, Mitsubishi Jisho Retail Management was merged into Mitsubishi Jisho Property Management thus calculated figures after FY2022 includes figures of Mitsubishi Jisho Retail Management.

14Millions of yen (rounded down)
Tokyo Ryutsu Center Inc.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Royal Park Hotels and Resorts Co., Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Estate Residence Co., Ltd.

FY2019FY202058.22 ٫10,349
3,223
2,874
2,543
65,5602,686

60.03 ٫10,361
3,238
2,976
2,037
65,1662,617

FY2019FY2020100.00 ٫
25,388549
505
432
12,327928

100.00 ٫
24,266(992)(1,004)(1,304)
10,3661,220

FY2019FY2020Share of voting rights
Operating revenue
Operating profit
Ordinary profit

100.00 ٫
302,180
26,26024,777100.00 ٫
269,660
24,72923,184

Net income
Total assets
Depreciation
Mitsubishi Estate Home Co., Ltd.

17,692
583,392
1,853

Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Jisho Community Co., Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Number of condominium management units

FY2021-3Q
60.03 ٫
7,075
1,788
1,555
1,060
63,661
1,929
FY2021-3Q
100.00 ٫
7,429(4,666)(4,437)(6,559)15,761829
FY2021-3Q
100.00 ٫

FY202160.03 ٫
9,245
1,997
1,711
1,224
63,7772,576
FY2021100.00 ٫
9,775(7,343)(6,915)67
13,722
1,157
FY2021

FY2022-3Q
60.42 ٫
5,819
1,360
1,305
(912)
62,3601,477
FY2022-3Q
100.00 ٫
11,063(5,025)(4,280)(4,294)
13,633845
FY2022-3Q
100.00 ٫

131,371
9,248
8,108

100.00 ٫
251,093
23,702
22,146

16,429570,960
2,218

5,386
607,386
1,838

14,750671,252
2,488

7,354
687,5302,187

FY2019FY2020100.00 ٫
35,47454
68(29)
11,232402

FY2021-3Q
100.00 ٫

FY2021100.00 ٫
34,578341
347
197
11,506312

FY2022-3Q
100.00 ٫

FY2019FY202071.47 ٫52,563
3,170
3,237
2,101
19,440393
349,572 units

71.47 ٫55,514
3,353
3,427
2,222
20,851
401
352,365 units

15,837(1,083)(1,082)(1,080)12,451295
FY2021-3Q
71.47 ٫39,621
2,379
2,417
1,571
19,806299- units

100.00 ٫
28,200318
324
287
13,092400
FY202171.47 ٫55,663
3,629
3,690
2,477
21,908394
350,682 units

133,423
10,482
9,094

20,422
(753)
(754)
(801)
9,361
263
FY2022-3Q
71.47 ٫41,412
2,251
2,309
1,506
20,583273- units

15

Millions of yen (rounded down)
MEC Group International, Inc.*
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Estate Europe Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Estate Asia Pte. Ltd.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Jisho Sekkei Inc.
Share of voting rights
Operating revenue
Operating profit
Ordinary profit
Net income
Total assets
Depreciation
Mitsubishi Real Estate Services Co., Ltd.
Share of voting rights

FY2019FY2020100.00 ٫
107,952
28,143
26,11913,339410,801
5,535

100.00 ٫
91,99024,861
22,874
12,654429,135
4,762

FY2019FY2020100.00 ٫
7,912
4,320
3,612
2,910
156,852
1,876

100.00 ٫
43,672
20,361
19,06016,982
189,9541,834

FY2019FY2020100.00 ٫
2,918
1,502
1,625

100.00 ٫
1,905
381
558

1,647
36,599133

FY2021-3Q
100.00 ٫
44,373
13,91011,6898,057
466,765
4,268
FY2021-3Q
100.00 ٫
5,392
2,070
1,337
985
202,015
1,496
FY2021-3Q
100.00 ٫

FY2021100.00 ٫
89,22230,877
26,353
17,077468,786
5,744
FY2021100.00 ٫
22,785
4,709
4,342
2,736
192,419
1,846
FY2021

FY2022-3Q
100.00 ٫
77,37934,59733,095
15,333535,706
4,617
FY2022-3Q
100.00 ٫
3,125
653(6,120)(3,704)
251,757
1,061
FY2022-3Q
100.00 ٫

2,054
1,079
1,321

100.00 ٫
3,042
1,322
1,809

534
38,802130

1,223
38,045106

1,788
38,750128(87)
40,876162

FY2019FY2020100.00 ٫
18,838
2,446
2,394
1,617
25,053312

FY2021-3Q
100.00 ٫

FY2021100.00 ٫
21,552
3,474
3,496
2,374
25,859239

FY2022-3Q
100.00 ٫

FY2019FY2020100.00 ٫

100.00 ٫

Operating revenue
27,524
27,117
Operating profit
2,741
1,031
Ordinary profit
2,797
1,367
Net income
1,838
755
Total assets
26,35925,047
Depreciation
397
416
Amount of transaction
307,369
450,048
Number of brokerage
1,129
1,095
Number of parking management
50,54055,379* Rockfeller Group, Inc. changed its name to MEC Group International, Inc. on January 1, 2020.

10,942613
626
424
23,211246

100.00 ٫
20,034
3,052
3,073
2,110
27,106329

FY2021-3Q
100.00 ٫

FY2021

14,977(1,711)(1,700)(1,219)22,977271-

22,662202
216
21
23,847362
260,240
932
56,596100.00 ٫

1,409
(133)
(13)

10,953425
484
316
24,144244
FY2022-3Q
100.00 ٫
17,084
(390)
(384)
(295)
23,337254-

16