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    Real estate investment trusts
Mitsui Fudosan Logistics Park, Inc.

Mitsui Fudosan Logistics Park, Inc.

97,000.00
JPY
+200.00
(+0.21%)
246.85BMarket Cap
Mar 17Next Earn
2016 Y
2017 Y
2018 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
7,104.31
- -
5,936.66
6,435.5
6,977.45
8,305.36
8,728.55
9,739.35
9,974.89
- -
Basic EPS, GAAP
- -
3,258.09
- -
2,701.01
2,903.55
3,035.79
3,477.02
3,431.5
3,674.3
3,604.24
- -
Free Cash Flow per Basic Share
- -
-103,478.23
- -
-20,334.65
-42,566.68
-24,837.19
-37,446.41
-14,538.4
-527.08
-10,704.3
- -
Dividend per Share
- -
- -
- -
2,509.57
2,445.79
3,026.16
3,350.76
3,696.11
4,188.53
4,309.39
2,232.52
Book Value per Share
244.49
66,348.18
265,334.56
69,835.16
72,087.38
78,813.39
86,489.21
88,904.95
88,390.75
89,116.28
87,687.25
Tangible Book Value per Share
244.49
66,337.73
265,297.79
69,828.39
72,084.16
78,811.89
86,488.33
88,904.45
88,132.44
88,168.98
86,745.21
Basic Weighted Avg Shares
- -
1
- -
1
1
2
2
2
2
2
2
Sales/Revenue/Turnover
- -
4,932
- -
5,778
8,250
11,428
17,407
20,111
22,439
24,259
- -
Operating Margin (%)
- -
50.47
- -
47.38
47.02
45.47
44.36
41.92
40.59
39.9
- -
Depreciation Expense
- -
1,115
- -
1,343
2,089
2,991
4,406
5,082
5,693
6,406
- -
Net Income, GAAP
- -
2,262
- -
2,629
3,722
4,972
7,288
7,906
8,466
8,766
- -
Effective Tax Rate (%)
- -
0.11
- -
0.07
0.05
0.04
0.02
0.02
0.02
0.02
- -
Profit Margin (%)
- -
45.86
- -
45.5
45.12
43.51
41.86
39.31
37.73
36.13
- -
Working Capital
175
2,947
1,288
1,871
-337
1,236
471
-7,823
-9,455
-3,204
-4,200
LT Debt
- -
17,000
18,000
23,300
41,300
57,900
95,500
109,700
120,100
148,100
149,000
Total Equity
219
59,448
59,435
73,403
109,284
139,027
187,509
204,837
203,652
216,731
213,255
Return on Invested Capital (%)
- -
6.47
- -
3.13
3.06
2.9
3.16
2.74
2.73
2.68
- -
Return on Capital (%)
- -
6.03
- -
3.07
3.01
2.86
3.1
2.7
2.7
2.67
- -
Return on Common Equity (%)
- -
7.58
- -
3.96
4.07
4
4.46
4.03
4.14
4.17
- -

Capital Structure

JPY

•

in mil. unless spec.
Jan'24
Jul'24
Oct'25
ST Debt
10,200
8,600
10,700
LT Borrowings
121,100
148,100
149,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
269,040
256,880
246,848

Working Capital

JPY

•

in mil. unless spec.
Jan'24
Jul'24
Oct'25
Total Current Assets
9,245
9,538
10,981
Cash, Cash Equivalents & STI
704
382
888
Accounts Receivable, Net
59
331
379
Inventories
- -
- -
- -
Total Current Liabilities
14,465
12,742
15,180
Payables & Accruals
- -
- -
- -
ST Debt
10,200
8,600
10,700
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
15.43%
6.42%
Free Cash Flow
- -
391.49%
2,043.68%
Net Income, GAAP
- -
19.85%
3.54%
Sales/Revenue/Turnover
- -
25.21%
8.11%
Total Cash Common Dividend
- -
28.59%
8.6%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
24,259
2025
6,498
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3,604.24
2025
874.47
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4,309.39
2025
2,232.52
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kenji Yamamoto
Sector
Finance
Industry
Real estate investment trusts
Address
8-7, Ginza 6-chome Tokyo TY Japan 104-0061
IPO Date
Aug 2, 2016
Website
mflp-r.co.jp
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Business
Mitsui Fudosan Logistics Park Inc. (3471.T), a Japanese real estate investment trust (J-REIT), owns, leases and manages logistics facilities across Japan, focusing primarily on advanced warehouses and distribution centers located near major urban areas and transportation hubs such as Tokyo, Osaka and Nagoya; its portfolio includes branded properties under the Mitsui Fudosan Logistics Park and i Missions Park labels, offering high-quality, sustainable spaces with features like automation, IoT integration, LEED and BREEAM certifications, totaling 45 properties with approximately 2.8 million square meters of leasable area as of late 2025 and maintaining an occupancy rate of 95.5%. The company targets customers in e-commerce, retail, automotive, pharmaceutical and manufacturing sectors, providing customized solutions including smart logistics systems and consulting services via its MFLP& LOGI Solution platform. Founded in 2016 and listed on the Tokyo Stock Exchange in August of that year, Mitsui Fudosan Logistics Park Inc. is sponsored by Mitsui Fudosan Co., Ltd. and headquartered at 8-7 Ginza 6-chome, Chuo-ku, Tokyo, Japan. In a major strategic development, the company completed an absorption-type merger with Advance Logistics Investment Corporation (ADL) on November 1, 2024, creating Japan's third-largest industrial REIT by asset value at ¥576.5 billion ($3.8 billion), incorporating 19 additional properties and establishing a dual sponsorship structure with ITOCHU Group to enhance portfolio diversification, market presence and growth through expanded pipelines and leasing capabilities. This merger, valued at ¥81.8 billion, followed amendments to its articles of incorporation and included an absorption-type company split to integrate ADL's asset management operations under Mitsui Fudosan Logistics REIT Management Co., Ltd. Recent initiatives also encompass ongoing development of new facilities adding capacity, investments exceeding ¥100 billion in logistics infrastructure over recent years, and expansion explorations into Southeast Asia markets like Singapore and Vietnam, alongside partnerships with operators such as Yamato Transport and Sagawa Express to support e-commerce demand.