Professional
Added to YB: 2025-04-21
Pitch date: 2025-03-31
8802.T [bullish]
Mitsubishi Estate Co., Ltd.
+56.62%
current return
Author Info
No bio for this author
Company Info
Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.
Market Cap
JPY 3.0T
Pitch Price
JPY 2.5K
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.19
P/E
15.62
EV/Sales
3.94
Sector
Real Estate Management and Development
Category
value
Oakmark International Fund New Position: Mitsubishi Estate Co., Ltd.
8802.T (new position): Dominant real estate owner in Tokyo's Marunouchi district with historically low vacancies & rising rents. Japan's inflation shift provides tailwinds. Strategic asset monetization fuels shareholder returns via buybacks & dividends, boosting ROE. Purchased at discount to NAV; expect price-value gap to narrow as capital returns continue.
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