FAQ

About business

• Please tell us about the redevelopment of Marunouchi.

  Mitsubishi Estate owns and manages approximately 30 of the approximately 100 buildings in the Otemachi, Marunouchi and Yurakucho areas. Since 1998, we have been working on the "Reconstruction of Marunouchi" with the aim of becoming "the city with the most active interaction in the world", and in the "first stage" until 2007, six projects have been completed, mainly in front of Tokyo Station. Did. In addition, in the "second stage" that began in 2008, we proceeded with the rebuilding of buildings 7 and 8 to deepen the business functions and expand the diversity of the town's functions. We have positioned urban development after 2020 as the “Marunouchi NEXT Stage” and aim Co-creation platform for innovation through companies, employees, and visitors. In addition, the Yurakucho area and Tokiwabashi area will be designated as priority renewal areas, and a total of around 600 to 700 billion yen will be invested by 2030 to promote redevelopment and renovation.

  Marunouchi Today -Marunouchi Map- (PDF 294KB)

  

About management policy and management strategy

• Please tell us about the goals of the management plan.

  In order to realize the basic mission of the our group and achieve sustainable growth, we will practice management based on the two pillars of a “strategy for improving social value” and a “strategy for improving shareholder value.” In the social value improvement strategy, we will implement initiatives to realize a sustainable society and provide higher value to all stakeholders, including city users and employees. As part of our shareholder value enhancement strategy, we will set ROA, ROE, and EPS as KPIs and aim to transform our business portfolio into one that is highly efficient and resilient to market changes.

  Numerical targets for 2030

  ROAs	ROE	EPS
  5%	10%	200 yen

• Please tell us about your management plan.

  In January 2020, the our group formulated the "Long-term Management Plan 2030." For details, please refer to “Long-Term Management Plan”.

• Please tell us about your dividend policy.

  The Company's basic policy for profit distribution is to strive to distribute profits appropriately based on comprehensive consideration of the business environment, such as the level of business performance and real estate market conditions, while also considering the demand for funds associated with future business development. We will decide on a consolidated dividend payout ratio of around 30%.
  We will also acquire treasury shares as necessary as part of our capital policy.
  *We will flexibly consider the scale of shareholder returns according to real estate market conditions, investment environment, share price, ROE/EPS conditions, etc.

About stocks, dividends, and general meetings of Meeting of Shareholders

• What is your securities code?

  It's 8802.

• Please tell me about the stock price trend.

  Please refer to "Mitsubishi Estate stock price".

• Where is the shareholder registry administrator for shares? Also, where can I contact you?

  The shareholder registry administrator is Mitsubishi UFJ Trust and Banking Corporation. Contact information is as follows.
  〒137-8081
  New Tokyo Post Office PO Box No. 29
  Stock Transfer Agency Department, Mitsubishi UFJ Trust and Banking Corporation
  TEL 0120-232-711 (toll-free)
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• When is the Meeting of Shareholders held?

  An ordinary general meeting of Meeting of Shareholders is held in late June every year.

• I heard that stock certificates have been digitized. What does that mean?

  Stock certificates of listed companies became invalid on January 5, 2009, and shareholders' rights began to be managed electronically in trading accounts*2 at financial institutions such as securities companies*1.
  Share certificates that have not been deposited with Japan Securities Depository Center, Inc. (Hofuri) through a securities company, etc. at the time of implementation of the dematerialization of share certificates will be transferred to a special account established by the issuing company (the Company) in order to protect the rights of shareholders. (Different from a "special account" of a securities company for tax purposes).
  *1 Legally referred to as an “account management institution”.
  *2 Legally, it is called a “transfer account book”.

• Please let me know the account management institution and contact information for the special account.

  The account management institution and contact information for our special account are as follows.

  Account management institution	Mitsubishi UFJ Trust and Banking Corporation 1-4-5 Marunouchi, Chiyoda-ku, Tokyo
  contact address	Stock Transfer Agency Department, Mitsubishi UFJ Trust and Banking Corporation 〒137-8081 New Tokyo Post Office PO Box No. 29 0120-232-711 (toll-free) Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• I still have stock certificates in my name, what should I do?

  Stocks cannot be sold in a special account. When selling shares, shareholders must open a trading account with a securities company, etc., and request a transfer of shares to the Transfer Agency Department of Mitsubishi UFJ Trust and Banking Corporation (0120-232-711).
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

  

  (please note)
  1. For procedures in ②, please contact Mitsubishi UFJ Trust and Banking Corporation, which is the account management institution for special accounts.
  2. (3) If you already have an account with a securities company, etc., you do not need to perform the procedure in (1).

• What should I do if I keep stock certificates in the name of another person (or in the name of the deceased person)?

  Since it is recorded in a special account under someone else's name, procedures are required to preserve your rights as a shareholder.
  For specific procedures, please contact Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711).
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• Where should I contact for inquiries regarding shareholder administrative procedures such as address/name change/designation of dividend transfer (including inheritance)?

  1. When using an account at a securities company
  →It will be a securities company, etc. with a trading account.
  2. When managed in a special account
  →Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711)
  　　Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• Is it possible to dispose of shares constituting less than one unit or purchase additional shares to form one unit?

  Our stock is traded on the market in units of 100 shares (one unit), so shares less than one unit (99 shares from stock) cannot be traded on the market. The Company implements a purchase/additional request system for shares constituting less than one unit as follows.
  ≪Purchase request system≫This is a system that allows shareholders to request that the Company purchase the shares of less than one unit they own at the market price.
  ≪Additional purchase request system≫This is a system that allows shareholders to request the Company to purchase additional shares of less than one unit at the market price so that, together with the shares of less than one unit they own, they will make up one unit (100 shares).

  

  The price per share to be purchased or additionally purchased shall be the date on which the shareholder's request reaches Mitsubishi UFJ Trust and Banking Corporation, which is the administrator of the Company's shareholder registry, through a securities company, etc., special account management institution, and JASDEC. (Shares) The closing price of the Company's stock on the Tokyo Stock Exchange (However, if no trading transaction is executed on that day or if that day falls on a holiday of the exchange, it will be the closing price of the first trading transaction after that.) increase).

• How can I use the purchase/additional purchase request system for shares of less than one unit?

  1. If you are using a securities company account
  →Please contact your securities company.
  2. When managed in a special account
  →Please contact Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711).
  　　Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

  Fees for various procedures related to the Company's stock are free of charge. Fees that have been made free are fees that you pay to us. Please note that a small brokerage fee may be required at a financial institution such as a securities company for the procedure.

• Is it possible to transfer shares less than one unit managed in a special account to an account in my name at a securities company, etc.?

  can. You will need to request the transfer of shares in the same way as with regular unit shares.

  

  (please note)
  1. For procedures in ②, please contact Mitsubishi UFJ Trust and Banking Corporation, which is the account management institution for special accounts.
  2. (3) If you already have an account with a securities company, etc., you do not need to perform the procedure in (1).

• I heard that you have implemented a system for selling shares of shareholders whose whereabouts are unknown. Is it possible to check if it is for sale?

  According to the provisions of the Companies Act, the system for selling shares by shareholders whose whereabouts are unknown means that (1) the notice or demand issued by the company to its shareholders has not reached the shareholders for five consecutive years or more; If the company has not received dividends for five years due to the Instead of your position, you will become a creditor of the stock sale proceeds.)
  In October 2010, we decided to implement this system, and after implementing the prescribed procedures such as making a public notice of objection, in February 2011, we purchased the target shares as treasury shares.
  Eligible former shareholders will be able to receive the proceeds from the sale of shares unless the claim for payment is extinguished due to the statute of limitations, etc.
  Please contact Mitsubishi UFJ Trust and Banking Stock Transfer Agency Department (0120-232-711) for specific consultations, including whether or not the shares have been sold.
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• Please tell me how to receive dividends.

  With the dematerialization of share certificates, in addition to the conventional method of receiving dividends using Japan Post Bank dividend receipts and receiving via bank transfer, it is now possible to receive dividends from all stocks held by shareholders using a single pre-registered deposit account. It is possible to receive dividends (registered dividend receipt account method) and to receive dividends in securities company accounts (share number proportional distribution method). In order to ensure that dividends are received, we recommend receiving dividends through these bank transfers. For details, please contact your securities company.

  Information on bank transfer system for dividends (PDF 126KB)

  (If managed in a special account, Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711)
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• How do I receive unpaid dividends?

  Please contact Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711).
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

  In addition, the Company's Articles of Incorporation stipulate that "when three years have passed since the date of commencement of payment, the Company shall be exempted from the obligation to pay dividends from surplus." Thank you.

• Where should I report if I cannot receive the dividend receipt due to loss or other reasons?

  Please contact Mitsubishi UFJ Trust and Banking Agency Department (0120-232-711).
  Click here for the Mitsubishi UFJ Trust and Banking "Procedures for Shares" page

• Please tell me about the latest dividend payment status.

  Dividend payment status (last 3 years) is as follows.

  	Payment period	Dividend per share
  FY2021 interim dividend	Early December 2021	16 yen
  FY2021 year-end dividend	Late June 2022	20 yen
  FY2022 interim dividend	Early December 2022	19 yen
  FY2022 year-end dividend	Late June 2023	19 yen
  2023 interim dividend	Early December 2023	20 yen
  FY2023 Year-end Dividend	Late June 2024	20 yen
  FY2024 Interim Dividend	Early December 2024	21 yen

  For fiscal year 2024, we plan to pay a final dividend of 22 yen.

About financial statements

• When is the fiscal year-end and financial results announcement date?

  The fiscal year ends March 31.
  The scheduled dates for the announcement of financial results are as follows.

  First Quarter Financial Results Announcement	End of July or early August
  Announcement of interim financial results	End of October or early November
  Third Quarter Financial Results Announcement	early February
  Full-year financial results announcement	End of April or early May

  For the most recent schedule, please see the "IR Calendar" on our website.

• How can I find out about financial statements?

  ​" Summary of Financial Statements" and "FACT BOOK "on our website Please see

• Please tell us about the vacancy rate and average rent of the building.

  Please see the "FACT BOOK" on our website.

• Please tell us about the number of newly sold condominiums, the contract balance, and the completed inventory.

  Please see the "FACT BOOK" on our website.

• Do you publish Interated report (latest and previous years)?

  Please see "Interated report" on our website.

• 有価証券報告書・四半期報告書（直近・過去）は掲載していますか？

  Please see "securities Report" and "Quarterly Report" on our website.
  Regarding quarterly reports, due to the revision of regulations accompanying the enforcement of the Financial Instruments and Exchange Act, "Half-year reports" are posted before fiscal 2007, and "Quarterly reports" are posted from fiscal 2008 onwards.
  

• Please let me know who to contact regarding financial statements.

  三菱地所・IR室へお電話（03-3287-5200）にてお問い合わせ下さい。

About compliance

• Please tell us about your compliance efforts.

  The Mitsubishi Estate Group defines compliance not only as compliance with laws and regulations, but also as compliance with internal rules and corporate ethics. In order to fulfill our social responsibilities as a company, we must build relationships of trust with our stakeholders and that compliance is the foundation of profits. Please refer to "Compliance" on the Sustainability site.

About sustainability

• Please tell us your thoughts on sustainability.

  For the Mitsubishi Estate Group, sustainability means putting into practice the basic mission of the Mitsubishi Estate Group. In February 2020, in order to put our basic mission into practice and promote businesses aimed at realizing a sustainable society, we established the Mitsubishi Estate Group 's Sustainability Vision 2050, which looks ahead to 2050 in terms of sustainability management. The Mitsubishi Estate Group 's Sustainability Development Goals 2030 set forth in the Long-term Management Plan 2030 are positioned as milestones to achieve our vision.
  For details, please see "Value Creation Process" on the Sustainability website.

• Please tell us about the Mitsubishi Estate Group 's Sustainable Development Goals 2030.

  We have set individual targets for four key themes: Environment, Diversity & Inclusion, Innovation, and Resilience. In particular, for "Environment", we have acquired SBT certification, which is an international initiative related to climate change, joined RE100, and endorse the TCFD recommendations. For details, please see "Sustainability Management" and "External Initiatives/Certifications" on the Sustainability website.

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