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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Shares Outstanding (EOP) : 1 Mil (As of Aug. 2023)


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What is Mitsubishi Estate Logistics REIT Investment Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Mitsubishi Estate Logistics REIT Investment's shares outstanding for the quarter that ended in Aug. 2023 was 1 Mil.

Mitsubishi Estate Logistics REIT Investment's quarterly shares outstanding stayed the same from Feb. 2023 (1 Mil) to Aug. 2023 (1 Mil).

Mitsubishi Estate Logistics REIT Investment's annual shares outstanding increased from Aug. 2022 (0 Mil) to Aug. 2023 (1 Mil). It means Mitsubishi Estate Logistics REIT Investment issued new shares from Aug. 2022 to Aug. 2023 .


Mitsubishi Estate Logistics REIT Investment Shares Outstanding (EOP) Historical Data

The historical data trend for Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Estate Logistics REIT Investment Shares Outstanding (EOP) Chart

Mitsubishi Estate Logistics REIT Investment Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shares Outstanding (EOP)
Get a 7-Day Free Trial 0.25 0.31 0.39 0.45 0.50

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.45 0.50 0.50 0.50

Competitive Comparison of Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP)

For the REIT - Industrial subindustry, Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP) Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Logistics REIT Investment's Shares Outstanding (EOP) falls into.



Mitsubishi Estate Logistics REIT Investment Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Mitsubishi Estate Logistics REIT Investment  (TSE:3481) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mitsubishi Estate Logistics REIT Investment Shares Outstanding (EOP) Related Terms

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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties mainly located in Tokyo metropolitan area.

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