Mitsui Fudosan Logistics Park Inc.

3471.T
REIT - Diversified
2026/03/02 Updated
Market Cap: $2.4B (¥379.0B)
Stock Price: $753.28 (¥117,700)
Exchange Rate: 1 USD = ¥156.25

Stock Price Chart

2026/03/02 Updated
32.57
PER (Price Earnings Ratio)
vs Industry Avg: +23.0
1.16
PBR (Price to Book Ratio)
vs Industry Avg: -0.1
5.47%
Dividend Yield
vs Industry Avg: +2.52%

Price Trend

2026/03/02 Updated
Short-term
5-Day MA
-0.83%
Near-term
25-Day MA
+0.68%
Mid-term
75-Day MA
+0.68%
Long-term
200-Day MA
+10.07%

Price & Trading Details

2026/03/02 Updated

PRICE

Previous Close ¥120,000
Open ¥119,700
High ¥119,800
Low ¥117,700
Close ¥117,700

TRADING

Volume 10,999
Average Volume 10,258
Turnover ¥13億
Min. Purchase ¥11,770,000

Analyst Recommendations 5 analysts

Updated 2026/03/01
Strong Buy
1
1
Buy
1
1
Hold
3
3
Sell
0
Strong Sell
0
Target Price (Mean)
¥122,000
None
¥133,000
High
¥122,500
Median
¥110,000
Low
-1% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/03/01
8.5%
Insider Holdings
62.2%
Institutional
29.3%
Public Float
137
Institutional Holders
Insider Holdings 8.5%
Institutional 62.2%
Public Float 29.3%

Dividend History

Updated 2026/03/01
-%
Dividend Yield
¥3,220
Annual Dividend
-11.3%
YoY Growth
89.2%
Payout Ratio
Year Dividend Change
2026 ¥3,220 -11.3%
2025 ¥3,629 -36.2%
2024 ¥5,692 +32.3%
2023 ¥4,301 +5.9%
2022 ¥4,062 -

Financial Performance

2026/03/01 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2021 2022 2023 2024
Income Statement
Revenue ¥17,407M ¥20,111M ¥22,439M ¥24,259M
Gross Profit ¥9,598M ¥10,593M ¥11,515M ¥12,207M
Operating Income ¥7,721M ¥8,431M ¥9,109M ¥9,678M
Pretax Income ¥7,570M ¥8,302M ¥9,007M ¥9,510M
Net Income ¥7,288M ¥7,906M ¥8,466M ¥8,766M
EPS ¥3,477.02 ¥3,533.36 ¥3,674.30 ¥3,608.75
Operating Margin 44.36% 41.92% 40.59% 39.90%
Balance Sheet
Total Assets ¥296,103M ¥339,017M ¥350,014M ¥386,162M
Total Equity ¥187,509M ¥204,837M ¥203,652M ¥216,731M
Total Liabilities ¥108,595M ¥134,180M ¥146,362M ¥169,432M
Cash ¥738M ¥686M ¥629M ¥382M
Interest-bearing Debt ¥99,400M ¥123,900M ¥135,200M ¥156,700M
Equity Ratio 63.33% 60.42% 58.18% 56.12%
D/E Ratio 0.53 0.60 0.66 0.72
Cash Flow
Operating CF ¥14,849M ¥11,982M ¥15,330M ¥15,762M
Investing CF -¥91,352M -¥44,868M -¥16,584M -¥40,887M
Financing CF ¥77,582M ¥33,836M ¥1,632M ¥25,787M
Free CF -¥78,486M -¥33,496M -¥1,815M -¥26,033M
Efficiency
ROE 3.89% 3.86% 4.16% 4.04%
ROA 2.46% 2.33% 2.42% 2.27%

Company Information

English Name Mitsui Fudosan Logistics Park Inc.
Japanese Name 三井不動産ロジスティクスパーク投資法人
Stock Code 3471.T (JPX)
Sector / Industry Real Estate / REIT - Diversified

About

MFLP-REIT, a Japanese real estate investment corporation, was established on March 4, 2016 under the Act on Investment Trusts and Investment Corporations of Japan (Act No. 198 of 1951, including subsequent amendments; the “Investment Trust Act”), by Mitsui Fudosan Logistics REIT Management Co., Ltd. (the “Asset Management Company”) as the organizer, and listed on the Real Estate Investment Trust Securities Market (“J-REIT section”) of Tokyo Stock Exchange, Inc. (“Tokyo Stock Exchange”) on August 2, 2016 (Securities Code: 3471). On August 5, 2024, MFLP-REIT executed a merger agreement with Advance Logistics Investment Corporation (“ADL”). On November 1, 2024, MFLP-REIT merged with ADL through an absorption-type merger, with MFLP-REIT as the surviving corporation and ADL as the dissolving corporation in the merger (the “Merger”). MFLP-REIT held assets totaling 48 properties amounting to a total acquisition price of ¥569.4 billion as at the end of the fiscal period under review.

Data provided by Yahoo Finance