Cash flow Mitsui Fudosan Logistics Park Inc.

Stocks

3471

JP3048300002

Commercial REITs

Delayed Japan Exchange 21:08:24 2026-08-23 EDT			5-day change	1st Jan Change
106,300.00 ^JPY	+0.19%		+0.19%	-12.86%

08-05	Mitsui Fudosan Logistics Park Secures 2 Billion Yen Short-Term Refinancing Facilities	MT
07-30	Mitsui Fudosan Logistics Park Secures 3.1 Billion Yen Refinancing Facilities	MT

69a82f30f38f3f23198aed400b4b2.XLEpRoRz643dcKAPZm5c2hOTMlNErRM4EN95-GR5Gtw.McIREc4VqtWXIdFuMRoNiSLhYicd5F1ZVaU-uhEzapox9BsFyRed6YlFzw

Published financial data: MITSUI FUDOSAN LOGISTICS PARK INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2020	2021	2022	2023	2024
Rental Revenues	9.58B	13.87B	17.85B	20.3B	23.71B
Other Revenues, Total	452M	635M	924M	1.27B	1.51B
Total Revenues	10.03B	14.5B	18.77B	21.57B	25.22B
Property Expenses	5.25B	7.68B	10.67B	12.41B	14.97B
Selling General & Admin Expenses, Total	66.4M	67.64M	71.25M	73.47M	97.68M
Other Operating Expenses	85.8M	88.4M	118M	125M	161M
Total Operating Expenses	5.4B	7.84B	10.86B	12.6B	15.23B
Operating Income (REIT / Utility Template)	4.63B	6.67B	7.91B	8.96B	9.98B
Interest Expense, Total	-119M	-202M	-333M	-462M	-917M
Interest and Investment Income	740K	5.89M	640K	2.51M	1.2M
Net Interest Expenses	-118M	-196M	-332M	-459M	-916M
Other Non Operating Income (Expenses)	-81.04M	-166M	-127M	-133M	-22.99M
EBT, Excl. Unusual Items	4.44B	6.31B	7.45B	8.37B	9.04B
Total Merger & Related Restructuring Charges	-	-	-	-	-395M
Insurance Settlements	28.71M	40.12M	1.08M	97K	1.16M
Other Unusual Items	-22.33M	-29.74M	2.11M	-	-23M
EBT, Incl. Unusual Items	4.44B	6.32B	7.45B	8.37B	8.65B
Income Tax Expense	1.75M	1.89M	1.74M	1.77M	2.06M
Earnings From Continuing Operations	4.44B	6.31B	7.45B	8.37B	8.65B
Net Income to Company	4.44B	6.31B	7.45B	8.37B	8.65B
Net Income - (IS)	4.44B	6.31B	7.45B	8.37B	8.65B
Net Income to Common Incl Extra Items	4.44B	6.31B	7.45B	8.37B	8.65B
Net Income to Common Excl. Extra Items	4.44B	6.31B	7.45B	8.37B	8.65B
Per Share Items
Net EPS - Basic	2.93K	3.34K	3.44K	3.63K	3.56K
Basic EPS - Continuing Operations	2.93K	3.34K	3.44K	3.63K	3.56K
Basic Weighted Average Shares Outstanding	1.51M	1.89M	2.17M	2.3M	2.43M
Net EPS - Diluted	2.93K	3.34K	3.44K	3.63K	3.56K
Diluted EPS - Continuing Operations	2.93K	3.34K	3.44K	3.63K	3.56K
Diluted Weighted Average Shares Outstanding	1.51M	1.89M	2.17M	2.3M	2.43M
Normalized Basic EPS	1.83K	2.08K	2.15K	2.27K	2.32K
Normalized Diluted EPS	1.83K	2.08K	2.15K	2.27K	2.32K
Dividend Per Share	3.27K	3.56K	3.93K	4.19K	4.62K
Payout Ratio	91.54	88.25	109.86	108.59	167.1
Supplemental Items
EBITDA	7.28B	10.39B	12.63B	14.38B	16.58B
EBITA	4.63B	6.67B	7.91B	8.96B	9.98B
EBIT	4.63B	6.67B	7.91B	8.96B	9.98B
EBITDAR	-	-	-	-	12.59B
Total Revenues (As Reported)	10.03B	14.5B	18.77B	21.57B	25.22B
Effective Tax Rate - (Ratio)	0.04	0.03	0.02	0.02	0.02
Total Current Taxes	1.74M	1.9M	1.74M	1.76M	2.05M
Total Deferred Taxes	7K	-7K	-4K	9K	9.33K
Normalized Net Income	2.77B	3.94B	4.65B	5.23B	5.65B
Interest on Long-Term Debt	-	-	17.06M	20.98M	26.77M
Supplemental Operating Expense Items
General and Administrative Expenses	66.4M	67.64M	71.25M	73.47M	97.68M
Net Rental Expense, Total	-	-	-	-	149M
Maintenance & Repair Expenses, Total	82.24M	132M	319M	374M	318M

Fiscal Period: January	2020	2021	2022	2023	2024
Assets
Gross Property Plant And Equipment	158B	285B	301B	346B	403B
Accumulated Depreciation	-5.87B	-9.59B	-14.31B	-19.72B	-30.7B
Net Property Plant And Equipment	153B	276B	287B	327B	372B
Total Real Estate Assets	153B	276B	287B	327B	372B
Cash And Equivalents	877M	619M	1.24B	1.97B	888M
Accounts Receivable, Total	145M	59.56M	100M	57.16M	379M
Other Receivables	-	2.66B	-	-	513M
Investment In Debt and Equity Securities	-	-	-	-	-
Other Intangibles, Total	3.76M	3.2M	1.34M	989K	2.29B
Restricted Cash	3.28B	5.92B	6.28B	7.69B	9.07B
Other Current Assets, Total	28.61M	48.98M	54.36M	33.01M	129M
Deferred Tax Assets Long-Term (Collected)	9K	16K	20K	9K	12K
Deferred Charges Long-Term	74.89M	176M	103M	114M	53.04M
Other Long-Term Assets, Total	65.23M	69.26M	31.27M	24.02M	315M
Total Assets	157B	285B	294B	337B	386B
Liabilities
Current Portion of Long-Term Debt	-	-	5.3B	9.6B	5.7B
Short-Term Borrowings	1.6B	5.9B	-	-	5B
Long-Term Debt	41.3B	82.4B	92.1B	111B	149B
Accounts Payable, Total	847M	1.37B	1.68B	2.05B	1.71B
Accrued Expenses, Total	341M	4.3M	686M	801M	673M
Current Income Taxes Payable	791K	940K	1.02M	805K	427K
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	852M	1.52B	1.58B	1.85B	2.1B
Other Non Current Liabilities	3.02B	6.27B	6.05B	6.92B	8.56B
Total Liabilities	47.96B	97.46B	107B	132B	173B
Common Stock, Total	107B	185B	185B	203B	218B
Retained Earnings	2.24B	3.58B	3.74B	4.21B	2.13B
Comprehensive Income and Other	-594M	-1.19B	-2.09B	-3.27B	-6.97B
Total Common Equity	109B	188B	187B	204B	213B
Total Equity	109B	188B	187B	204B	213B
Total Liabilities And Equity	157B	285B	294B	337B	386B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.76M	2.17M	2.3M	2.3M	2.43M
ECS Total Common Shares Outstanding	1.52M	2.17M	2.17M	2.3M	2.43M
Book Value / Share	71.94K	86.6K	86.26K	88.64K	87.69K
Tangible Book Value	109B	188B	187B	204B	211B
Tangible Book Value Per Share	71.94K	86.6K	86.26K	88.64K	86.75K
Total Debt	42.9B	88.3B	97.4B	121B	160B
Net Debt	42.02B	87.68B	96.16B	119B	159B
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	70.24B	137B	142B	165B	187B
Buildings, Total	85.16B	144B	155B	177B	211B
Machinery, Total	2.99B	4.15B	4.17B	4.35B	4.46B

Fiscal Period: January	2020	2021	2022	2023	2024
Net Income	4.44B	6.32B	7.45B	8.37B	8.65B
Depreciation, Depletion & Amortization	2.64B	3.72B	4.72B	5.42B	6.6B
Total Depreciation, Depletion & Amortization	2.64B	3.72B	4.72B	5.42B	6.6B
Amortization of Deferred Charges, Total	37.44M	77.21M	99.38M	90.59M	41.37M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
Change in Accounts Receivable	-84.49M	60.19M	-40.52M	42.92M	-426M
Change in Accounts Payable	257M	446M	351M	296M	-637M
Change in Other Net Operating Assets (Collected)	708M	-2.35B	3.43B	410M	-210M
Other Operating Activities	-18.86M	21.08M	5.05M	11.1M	267M
Cash from Operations	7.99B	8.29B	16.01B	14.64B	14.28B
Acquisition of Real Estate Assets, Total	-53.86B	-127B	-15.69B	-45.41B	-37.02B
Net Sale / Acquisition of Real Estate Assets	-53.86B	-127B	-15.69B	-45.41B	-37.02B
Purchase / Sale of Intangible Assets	-	-1.75M	-	-	-356M
Other Investing Activities, Total	1.04B	3.24B	-219M	859M	853M
Cash from Investing	-52.82B	-124B	-15.91B	-44.55B	-36.52B
Short Term Debt Issued, Total	14.7B	28.9B	18.4B	37.1B	22.1B
Long-Term Debt Issued, Total	15B	41.1B	15B	28.6B	33.6B
Total Debt Issued	29.7B	70B	33.4B	65.7B	74.27B
Short Term Debt Repaid, Total	-14.8B	-24.6B	-24.3B	-37.1B	-17.7B
Long-Term Debt Repaid, Total	-	-	-	-5.3B	-9.6B
Total Debt Repaid	-14.8B	-24.6B	-24.3B	-42.4B	-36.4B
Issuance of Common Stock	35.18B	77.79B	-	17.85B	14.77B
Common Dividends Paid	-4.06B	-5.57B	-8.18B	-9.09B	-14.45B
Common & Preferred Stock Dividends Paid	-4.06B	-5.57B	-8.18B	-9.09B	-14.45B
Other Financing Activities, Total	-	-	-46.5M	-16.32M	-1.34M
Cash from Financing	46.02B	118B	870M	32.05B	23.41B
Miscellaneous Cash Flow Adjustments	-1K	-2K	2K	-1K	-2.67K
Net Change in Cash	1.19B	2.38B	973M	2.14B	1.18B
Supplemental Items
Cash Interest Paid	119M	198M	327M	455M	608M
Cash Income Tax Paid (Refund)	1.88M	1.75M	1.66M	1.98M	2.84M
Net Debt Issued / Repaid	14.9B	45.4B	9.1B	23.3B	37.87B
Levered Free Cash Flow	5.06B	3.46B	12.86B	10.23B	-
Unlevered Free Cash Flow	5.13B	3.58B	13.07B	10.52B	-
Change In Net Working Capital	444M	4.38B	-3.31B	587M	1.21B

Fiscal Period: January	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.21	1.88	1.71	1.78	1.67
Return on Total Capital	2.29	1.95	1.76	1.84	1.73
Return On Equity %	4.87	4.25	3.98	4.28	4.11
Return on Common Equity	4.87	4.25	3.98	4.28	4.11
Margin Analysis
Gross Profit Margin %	47.71	47.05	43.13	42.48	40.62
SG&A Margin	0.66	0.47	0.38	0.34	0.39
EBITDA Margin %	72.55	71.64	67.26	66.68	65.76
EBITA Margin %	46.19	45.97	42.12	41.56	39.59
EBIT Margin %	46.19	45.97	42.12	41.56	39.59
Income From Continuing Operations Margin %	44.26	43.53	39.68	38.81	34.3
Net Income Margin %	44.26	43.53	39.68	38.81	34.3
Net Avail. For Common Margin %	44.26	43.53	39.68	38.81	34.3
Normalized Net Income Margin	27.63	27.17	24.8	24.26	22.42
Levered Free Cash Flow Margin	50.43	23.85	68.53	47.45	-
Unlevered Free Cash Flow Margin	51.17	24.72	69.63	48.78	-
Asset Turnover
Asset Turnover	0.08	0.07	0.06	0.07	0.07
Fixed Assets Turnover	0.08	0.07	0.07	0.07	0.07
Receivables Turnover (Average Receivables)	106.21	135.49	223.6	258.21	393.63
Short Term Liquidity
Current Ratio	1.19	1.06	0.83	0.68	0.72
Quick Ratio	0.28	0.38	0.14	0.14	0.12
Operating Cash Flow to Current Liabilities	2.19	0.94	1.73	1.02	0.94
Days Sales Outstanding (Average Receivables)	3.44	2.7	1.63	1.41	0.93
Average Days Payable Outstanding	52.08	52.81	52.14	54.86	57
Long Term Solvency
Total Debt/Equity	39.34	47.03	52.08	59.1	74.89
Total Debt / Total Capital	28.23	31.99	34.25	37.15	42.82
LT Debt/Equity	37.87	43.89	49.25	54.4	69.87
Long-Term Debt / Total Capital	27.18	29.85	32.38	34.19	39.95
Total Liabilities / Total Assets	30.54	34.17	36.48	39.32	44.75
EBIT / Interest Expense	39.03	33.06	23.75	19.41	10.89
EBITDA / Interest Expense	61.29	51.52	37.93	31.14	18.08
(EBITDA - Capex) / Interest Expense	61.29	51.52	37.93	31.14	18.06
Total Debt / EBITDA	5.89	8.5	7.71	8.39	9.63
Net Debt / EBITDA	5.77	8.44	7.62	8.26	9.58
Total Debt / (EBITDA - Capex)	5.89	8.5	7.71	8.39	9.64
Net Debt / (EBITDA - Capex)	5.77	8.44	7.62	8.26	9.59
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	56.05	44.56	29.42	14.91	8.14
Gross Profit, 1 Yr. Growth %	50.19	42.54	18.65	13.17	4.51
EBITDA, 1 Yr. Growth %	59	42.75	21.51	13.91	7.52
EBITA, 1 Yr. Growth %	51.54	43.85	18.59	13.38	4.23
EBIT, 1 Yr. Growth %	51.54	43.85	18.59	13.38	4.23
Earnings From Cont. Operations, 1 Yr. Growth %	49.8	42.19	17.98	12.37	3.52
Net Income, 1 Yr. Growth %	49.8	42.19	17.98	12.37	3.52
Diluted EPS Before Extra, 1 Yr. Growth %	3.95	13.83	2.95	5.75	0.84
Normalized Net Income, 1 Yr. Growth %	49.82	42.15	18.12	12.41	3.79
Net Property, Plant and Equip., 1 Yr. Growth %	50.45	80.7	3.97	13.98	7.69
Accounts Receivable, 1 Yr. Growth %	311.71	-58.97	68.04	-42.89	1.47
Total Assets, 1 Yr. Growth %	50.13	81.63	3.23	14.31	7.3
Common Equity, 1 Yr. Growth %	48.6	72.15	-0.39	9.21	6.63
Tangible Book Value, 1 Yr. Growth %	48.61	72.15	-0.39	9.21	6.64
Cash From Operations, 1 Yr. Growth %	68.1	3.8	93.2	-8.59	-3.7
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-31.64	271.92	-20.44	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-30.18	264.57	-19.5	-
Dividend Per Share, 1 Yr. Growth %	9.58	9.02	10.18	6.64	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	50.19	36.78	21.95	11.47
Gross Profit, 2 Yr. CAGR %	-	46.32	30.05	15.88	8.75
EBITDA, 2 Yr. CAGR %	-	50.65	31.7	17.65	10.67
EBITA, 2 Yr. CAGR %	-	47.64	30.61	15.95	8.71
EBIT, 2 Yr. CAGR %	-	47.64	30.61	15.95	8.71
Earnings From Cont. Operations, 2 Yr. CAGR %	-	45.95	29.52	15.14	7.86
Net Income, 2 Yr. CAGR %	-	45.95	29.52	15.14	7.86
Diluted EPS Before Extra, 2 Yr. CAGR %	-	8.78	8.25	4.34	3.27
Normalized Net Income, 2 Yr. CAGR %	-	45.93	29.58	15.23	8.01
Net Property, Plant and Equip., 2 Yr. CAGR %	-	64.88	37.07	8.86	10.79
Accounts Receivable, 2 Yr. CAGR %	-	29.97	-16.97	-2.03	-23.87
Total Assets, 2 Yr. CAGR %	-	65.13	36.93	8.63	10.75
Common Equity, 2 Yr. CAGR %	-	59.94	30.95	4.3	7.91
Tangible Book Value, 2 Yr. CAGR %	-	59.95	30.95	4.3	7.91
Cash From Operations, 2 Yr. CAGR %	-	32.1	41.62	32.9	-6.17
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	59.44	72.02	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	59.55	71.31	-
Dividend Per Share, 2 Yr. CAGR %	-	9.3	9.6	8.39	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	42.92	29.06	17.16
Gross Profit, 3 Yr. CAGR %	-	-	36.44	24.16	11.96
EBITDA, 3 Yr. CAGR %	-	-	40.23	25.48	14.17
EBITA, 3 Yr. CAGR %	-	-	37.24	24.59	11.91
EBIT, 3 Yr. CAGR %	-	-	37.24	24.59	11.91
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	35.96	23.53	11.13
Net Income, 3 Yr. CAGR %	-	-	35.96	23.53	11.13
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	6.8	7.41	3.16
Normalized Net Income, 3 Yr. CAGR %	-	-	36	23.58	11.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	41.39	28.89	8.47
Accounts Receivable, 3 Yr. CAGR %	-	-	41.59	-26.7	-0.88
Total Assets, 3 Yr. CAGR %	-	-	41.19	28.93	8.18
Common Equity, 3 Yr. CAGR %	-	-	36.59	23.26	5.07
Tangible Book Value, 3 Yr. CAGR %	-	-	36.59	23.26	5.07
Cash From Operations, 3 Yr. CAGR %	-	-	49.94	22.39	19.37
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	26.47	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	27.01	-
Dividend Per Share, 3 Yr. CAGR %	-	-	9.59	8.6	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	29.4
Gross Profit, 5 Yr. CAGR %	-	-	-	-	24.61
EBITDA, 5 Yr. CAGR %	-	-	-	-	27.56
EBITA, 5 Yr. CAGR %	-	-	-	-	25.03
EBIT, 5 Yr. CAGR %	-	-	-	-	25.03
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	23.93
Net Income, 5 Yr. CAGR %	-	-	-	-	23.93
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	5.37
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	24.03
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	28.25
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	10.47
Total Assets, 5 Yr. CAGR %	-	-	-	-	28.12
Common Equity, 5 Yr. CAGR %	-	-	-	-	24.3
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	24.3
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	24.31