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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

Show full summary:
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.

Read full article (1 min)