#MitsubishiEstate

Mitsubishi Estate Company, Limited has decided to dissolve its consolidated subsidiary, Nagoya Minato Development SPC, on March 2, 2026, with liquidation planned within the fiscal year 2026. The impact on earnings is minimal.

Operating income for the third quarter of fiscal 2025 was 227.3 billion yen, and net income attributable to owners of parent was 156.5 billion yen, both increasing year-over-year. The full-year operating income forecast was revised upward to 330 billion yen.

For the 3rd quarter of the fiscal year ending March 2026, consolidated operating revenue was 1,210,073 million yen, up 15.5% Year-over-Year (YoY); operating income was 227,374 million yen, up 16.9% YoY; and net income attributable to owners of parent for the quarter was 156,532 million yen, up 47.9% YoY.

For the third quarter of the fiscal year ending March 2026, operating revenue was JPY 1,210,073 million (up 15.5% YoY), operating income was JPY 227,374 million (up 16.9% YoY), and quarterly net income attributable to owners of parent was JPY 156,532 million (up 48.0% YoY).

Mitsubishi Estate has resolved to acquire up to 13 million common shares (1.07% of the total issued shares) within a limit of 30 billion yen from February 10, 2026, to March 31, 2026.

Acquired 5,949,100 shares of common stock with a total acquisition value of 18,421,563,300 yen during the period from August 1 to August 31, 2025.