MUGEN ESTATE Co.,Ltd.

3299.T
Real Estate - Development
2026/11/13 12:49 Updated
Market Cap: $219.5M (¥35.1B)
Stock Price: $9.31 (¥1,487)
Exchange Rate: 1 USD = ¥159.74

Fiscal Year Ending December 2026 Q3 Earnings Presentation

Revenue decreased to 40.9 hundred million yen (YoY -12.8%), operating income 4.6 hundred million yen (-34.2%), ordinary income 3.7 hundred million yen (-41.2%), and quarterly net income attributable to owners of parent 2.3 hundred million yen (-44.7%). Sales expanded in regional areas, while a decline in sales of high-priced residential properties had a significant impact. Full-year progress is 66.4%, with a plan to recover through large property sales in 4Q.

Importance:
Page Updated: November 13, 2026
IR Disclosure Date: November 13, 2026

Key Figures

  • Revenue: 40,928 million yen (Year-over-Year -12.8%)
  • Operating Income: 4,683 million yen (Year-over-Year -34.2%)
  • Ordinary Income: 3,710 million yen (Year-over-Year -41.2%)

AI要約

Summary of Results

Consolidated Q3 results: revenue was 40.9 hundred million yen (YoY -12.8%), operating income 4.6 hundred million yen (YoY -34.2%), ordinary income 3.7 hundred million yen (YoY -41.2%), and quarterly net income attributable to owners of parent was 2.3 hundred million yen (YoY -44.7%). Weakness in sales of high-priced residential properties significantly affected results. By segment, property purchasing and resale underperformed, leading to a sharp decline in residential real estate sales, while sales expanded in regional areas. Progress toward the full-year is approximately 66.4% for revenue and about 48.6% for net income.

Outlook and Policy

The company plans to recover sales in 4Q through large property transactions to achieve full-year targets. In light of reduced demand from overseas investors, the company will strengthen cooperation with financial institutions, including regional banks, to expand its sales network. Progress and sales of development projects such as the Soka Project will be advanced, and leasing of completed properties will be reinforced. Purchases will be conducted cautiously while monitoring market trends to respond to changes in the real estate market.

Revenue Trend

Operating Income Trend

Revenue by Segment

Gross Margin Analysis

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MUGEN ESTATE Co.,Ltd.

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