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Mitsui Fudosan Co (Mitsui Fudosan Co) Total Assets : $67,125 Mil (As of Dec. 2023)


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What is Mitsui Fudosan Co Total Assets?

Mitsui Fudosan Co's Total Assets for the quarter that ended in Dec. 2023 was $67,125 Mil.

During the past 12 months, Mitsui Fudosan Co's average Total Assets Growth Rate was 6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 7.20% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Mitsui Fudosan Co's highest 3-Year average Total Assets Growth Rate was 10.00%. The lowest was -3.20%. And the median was 5.65%.

Total Assets is connected with ROA %. Mitsui Fudosan Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.57%. Total Assets is also linked to Revenue through Asset Turnover. Mitsui Fudosan Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


Mitsui Fudosan Co Total Assets Historical Data

The historical data trend for Mitsui Fudosan Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsui Fudosan Co Total Assets Chart

Mitsui Fudosan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68,687.14 71,223.88 69,220.71 66,146.28 63,340.11

Mitsui Fudosan Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66,146.28 64,640.36 64,439.93 67,124.65 63,340.11

Mitsui Fudosan Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Mitsui Fudosan Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=21590.47+41749.643
=63,340

Mitsui Fudosan Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=22197.4+44927.251
=67,125

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitsui Fudosan Co  (OTCPK:MTSFY) Total Assets Explanation

Total Assets is connected with ROA %.

Mitsui Fudosan Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1032.464/( (64439.927+67124.651)/ 2 )
=1032.464/65782.289
=1.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Mitsui Fudosan Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3707.212/( (64439.927+67124.651)/ 2 )
=3707.212/65782.289
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Mitsui Fudosan Co Total Assets Related Terms

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Mitsui Fudosan Co (Mitsui Fudosan Co) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (Mitsui Fudosan Co) Headlines

From GuruFocus

Baron Funds Comments on Mitsui Fudosan

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