Mitsubishi Estate Logistics REIT Investment Corp

Mitsubishi Estate Logistics REIT Investment Corp

FinancialsGeneral Financial
  • Price (JPY)520,000.00
  • Today's Change7,000.00 / 1.36%
  • Shares traded1.76k
  • 1 Year change+17.91%
  • Beta-0.0268
Data delayed at least 20 minutes, as of Sep 17 2021 07:00 BST.
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About the company

Mitsubishi Estate Logistics REIT Investment Corp is a Japan-based closed-end real estate investment trust (REIT).It aims to achieve sustainable growth in asset and stable earnings from mid-to long-term perspectives. It principally focuses on tourism industry and invests in logistics facilities. The asset manager of the REIT is Mitsubishi Jisho Investment Advisors, Inc.

  • Revenue in JPY (TTM)7.55bn
  • Net income in JPY3.73bn
  • Incorporated2016
  • Employees--
  • Location
    Mitsubishi Estate Logistics REIT Investment Corp1-6-5, MarunouchiCHIYODA-KU 100-0005JapanJPN
  • Phone+81 332180030
  • Websitehttps://mel-reit.co.jp/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
3481:TYO since
Shin-Narashino Property Godo Kaisha-Logicross NarashinoAnnounced18 Feb 202118 Feb 2021Announced25.15%111.96m
Undisclosed Co-Property Portfolio(2)Announced18 Feb 202118 Feb 2021Announced25.15%90.57m
Data delayed at least 20 minutes, as of Sep 17 2021 07:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Starts Corporation Inc198.05bn16.01bn156.22bn4.74k9.511.257.480.7888304.13304.133,762.392,309.160.77275.5920.4341,800,760.006.276.499.089.8229.0429.458.117.721.16--0.408922.84-4.844.433.597.8721.245.70
Hoshino Resorts Reit Inc10.61bn4.32bn164.90bn--37.651.5623.6115.5419,468.0219,468.0247,836.57469,684.200.0597--132.39--2.433.582.603.8073.4675.5040.7046.86--6.360.3938100.001.4028.140.054128.72-4.538.15
Heiwa Real Estate Reit Inc13.80bn6.19bn173.03bn--26.561.7225.4112.546,171.306,171.3013,759.5695,190.090.0728--259.26--3.262.803.533.0453.5051.0144.8639.18--8.750.480690.577.473.8019.2613.48-12.228.61
Ichigo Inc51.31bn4.41bn180.93bn389.0038.691.7318.513.539.259.25107.63207.320.14960.574628.29131,907,500.001.313.901.434.2229.3234.068.7414.852.423.990.680927.10-29.754.31-38.70-17.2121.9228.47
DAIBIRU CORPORATION42.88bn8.39bn180.98bn2.46k21.571.0811.364.2272.9472.94372.821,458.060.1122462.1738.7917,452,
Tokyu Reit Inc16.68bn7.62bn182.81bn--23.981.5820.4510.967,797.837,797.8317,059.60118,174.900.0733--84.75--3.352.843.773.1064.9362.6945.7141.09--9.810.477696.552.15-0.13362.516.754.236.74
Japan Excellent, Inc.21.61bn8.27bn189.42bn--22.921.2418.428.766,109.536,109.5315,973.08112,590.800.0736--69.36--2.812.532.972.7461.4459.3738.2533.43--7.700.451999.6410.212.5467.118.89-16.153.35
Nippon Reit Investment Corp19.54bn10.30bn198.19bn--19.241.5117.4610.1422,896.6822,896.6843,424.39292,030.000.0715--174.76--3.773.194.073.5371.6968.3052.7348.08--5.560.5023100.0212.988.0126.3811.74-15.898.69
Invesco Office J-Reit Inc17.62bn7.34bn200.00bn--27.491.7727.0611.35826.62826.621,983.1412,815.000.0694--41.56--2.892.863.383.2359.0959.3341.6841.22--8.730.524100.003.2320.103.8623.60-39.504.81
MORI TRUST Sogo Reit, Inc.17.67bn10.17bn202.36bn--19.891.2617.5711.457,707.257,707.2513,388.24121,348.500.0536--359.40--
NTT UD REIT Investment Corp20.94bn9.15bn202.95bn--22.181.6121.979.696,947.366,947.3615,899.3695,985.380.082--63.43--3.582.943.803.2262.7161.6743.7040.14--12.400.500298.61-2.603.80-4.095.12-23.295.38
Mitsubishi Estate Logstcs REIT Invt Corp7.55bn3.73bn203.39bn--45.741.8254.3226.9511,369.2611,369.2623,085.82285,970.100.0553--301.68--2.73--2.82--73.91--49.40----24.400.3233--30.24--37.97------
Kenedix Residential Next Investment Corp17.58bn7.78bn225.17bn--28.241.6724.0012.818,007.288,007.2818,112.01135,777.800.0621--175.88--2.753.082.963.3270.1670.3944.2547.34--8.220.520796.476.9210.734.8112.1920.775.38
Hulic Reit Inc21.76bn10.52bn239.75bn--22.101.3022.6111.028,018.128,018.1216,587.06136,595.000.0606--123.36--2.932.873.133.0768.5168.6848.3449.40--8.700.4865100.0111.9018.2010.9016.18-5.044.74
Comforia Residential Reit Inc20.34bn8.84bn243.24bn--27.131.7923.6611.9612,935.9412,935.9429,807.71195,803.200.0737--2,274.15--3.202.853.533.0966.4063.9543.4739.53--8.720.510796.8014.1311.9224.7514.70-0.68645.03
Daiwa Securities Living Investment Corp22.13bn10.59bn253.01bn--23.271.6117.8211.435,101.015,101.0110,639.5673,874.260.0787--95.10--3.772.894.043.2068.4867.5147.8539.62--8.140.521795.9019.095.7843.9812.5424.394.24
Data as of Sep 17 2021. Currency figures normalised to Mitsubishi Estate Logistics REIT Investment Corp's reporting currency: Japanese Yen JPY

Institutional shareholders

33.21%Per cent of shares held by top holders
HolderShares% Held
Asset Management One Co., Ltd.as of 13 Aug 202119.55k5.00%
Daiwa Asset Management Co. Ltd.as of 15 Mar 202119.48k4.98%
Nomura Asset Management Co., Ltd.as of 30 Apr 202119.46k4.97%
Sumitomo Mitsui Trust Asset Management Co., Ltd.as of 15 Mar 202115.36k3.93%
The Vanguard Group, Inc.as of 03 Sep 202111.03k2.82%
Nikko Asset Management Co., Ltd.as of 15 Mar 202110.79k2.76%
Shinkin Asset Management Co., Ltd.as of 14 Jun 20219.53k2.44%
Nissay Asset Management Corp.as of 12 May 20218.43k2.16%
BlackRock Fund Advisorsas of 31 Mar 20208.39k2.14%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.as of 22 Feb 20217.87k2.01%
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Data from 14 Jun 2021 - 30 Jun 2021Source: FactSet Research Systems Inc.
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