Mitsui Fudosan Logistics Park Toshihojin
3471
ISIN JP3048300002 / Valor 33132784
Mitsui Fudosan Logistics Park Toshihojin
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About company
Mitsui Fudosan Logistics Park Inc. (MFLP-REIT) is a real estate investment trust listed on the Tokyo Stock Exchange since August 2016, primarily focusing on investments in logistics facilities. Sponsored by Mitsui Fudosan Co., Ltd., MFLP-REIT benefits from a strategic partnership that provides a robust pipeline support system, granting it preferential negotiation rights and first-look opportunities for new investments. The company capitalizes on the stable rental revenue and low vacancy rates in the logistics leasing market, driven by the growing demand from third-party logistics providers and the expanding e-commerce sector. Leveraging Mitsui Fudosan's extensive expertise in leasing, property management, and operations, MFLP-REIT aims to enhance unitholder value and achieve sustainable growth.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Revenue Growth
Mitsui Fudosan Logistics Park Toshihojin reported operating revenues of ¥11,845 million for the fiscal period ending December 2023. This marks a significant increase compared to previous periods, reflecting the company's successful expansion and strategic investments in logistics facilities.
Operating Income
For the fiscal period ending December 2023, Mitsui Fudosan Logistics Park Toshihojin achieved an operating income of ¥4,738 million. This robust performance underscores the company's effective cost management and operational efficiency in its logistics operations.
Net Income
Mitsui Fudosan Logistics Park Toshihojin recorded a net income of ¥4,405 million for the fiscal period ending December 2023. This strong net income is indicative of the company's solid financial health and profitability in the logistics sector.
Distributions
In accordance with its distribution policy, Mitsui Fudosan Logistics Park Toshihojin declared a distribution of ¥4,406,176,000 for the fiscal period ending December 2023. This translates to a distribution of earnings per unit of ¥7,247, reflecting the company's commitment to returning value to its unitholders.
Debt Financing
During the fiscal period ending December 2023, Mitsui Fudosan Logistics Park Toshihojin executed various debt financings totaling ¥19,000 million. This included both short-term and long-term loans, aimed at repaying existing debts and supporting the company's financial stability and growth initiatives.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2067 M
Market cap (USD)
8,985
Daily traded volume (Shares)
101500 / 99600
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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