Supplementary Explanation for the Q3 Financial Summary for the Fiscal Year Ending March 2026

Overview of Performance

For the cumulative Q3 period of the fiscal year ending March 2026, Mitsui Fudosan posted record highs with operating revenue of 1,676.79 billion yen (YoY +18.29%), operating income of 302.623 billion yen (YoY +37.29%), business income of 355.286 billion yen (YoY +57.89%), ordinary income of 247.511 billion yen (YoY +43.19%), and net income attributable to owners of parent of 219.868 billion yen (YoY +52.79%). By segment, business income reached record highs in all categories: Leasing, Sales, Management, and Facility Operations.

Revision of Full-Year Earnings Forecast and Segment Trends

The full-year earnings forecast for the fiscal year ending March 2026 was revised upward to operating income of 395 billion yen (up 10 billion yen from previous forecast), business income of 440 billion yen (up 10 billion yen), ordinary income of 305 billion yen (up 10 billion yen), and net income of 270 billion yen (up 5 billion yen). In the Sales segment, business income was revised upward due to strong contract progress for investor sales, and the Management segment was also revised upward driven by robust individual brokerage operations. In the Leasing segment, revenue expansion from domestic and overseas offices contributed, while in Facility Operations, hotels and resorts benefited from increased ADR and occupancy rates.