Lease, sell, operate: how Mitsui Fudosan earns from places.
Leasing an office tower, selling a home and running a hotel serve different customers. Mitsui Fudosan’s financial statements distinguish the businesses by what the group provides through its properties.
Parallel relationships with people who use, buy, own or visit property and facilities.
Land, buildings and places for peopleOrganized by customer and work provided
Lease space to tenantsOffices, retail property and subleases
Sell to homebuyers and investorsHomes, offices and logistics facilities
Support owners and sellersProperty management, parking, brokerage and funds
Welcome guests and visitorsOperating hotels and venues such as Tokyo Dome
These are distinct operations across a portfolio, not stages through which every property passes or proportions of business income. A separate Other segment includes contracted construction and related activities.
Leasing space to office and retail tenants
The range of space available to companies and retailers reflects a history of extending property management into the development of land and new facilities.
Selling to people who need homes and investors who own property
Providing management services to property owners
Welcoming guests and visitors through facility operations
Construction and refurbishment also belong in the picture
On revenue, the four main businesses rank Leasing, Property Sales, Management and Facility Operations. These are external-customer revenues for the same year ended March 2026, not a profit ranking or a sequence of transactions at one building.
DATA VIEW
Four ways of earning around physical places
Reported external-customer segment revenue for the year ended March 2026. Other contributes a separate ¥288.3bn. These amounts are revenue, not business income.
¥936.6bnLeasing
¥729.3bnProperty Sales
¥511.5bnManagement
¥244.1bnFacility Operations
THE VIEW AFTER THE NUMBERS
What the numbers suggest
Who uses, buys, owns and runs a property helps explain Mitsui Fudosan’s business. The group leases space to tenants, sells to homebuyers and investors, and provides management services to owners. At hotels and Tokyo Dome, it welcomes people using the facilities.
In the year ended March 2026, Leasing was larger in revenue, while Property Sales delivered more company-defined business income. Reading the investment and disposal effects included in that profit measure reveals different relationships with customers behind the real estate, rather than just different kinds of buildings.
ORIX expanded from leasing equipment to businesses into operations and investment. FY2026 capital gains of ¥265.2bn measure profit; Cash In of ¥1.1tn and Cash Out of ¥800bn measure capital recoupment and new investment. Greenko’s ¥95.0bn includes sale and valuation gains. Decisions about what to own, where to take part in operations and when to recover capital connect the group’s varied businesses.
