Mitsui Fudosan Retail Fund Investment (TSE:8964) Net Income: 円11,897 Mil (TTM As of Jun. 2026)

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TSE:8964 Mitsui Fudosan Retail Fund Investment Corp TSE:8964
55 GF Score
Price 円75,800.00
GF Value 円89,707.72
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mitsui Fudosan Retail Fund Investment Net Income?

Mitsui Fudosan Retail Fund Investment TSE:8964 -1.17% 55 Net Income is 円11,897 Mil as of Jun. 2026. GuruFocus rates TSE:8964 with a GF Score™ of 55/100 and a GF Value™ of 円89,707.72 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mitsui Fudosan Retail Fund Investment's Net Income for the six months ended in Jun. 2026 was 円5,990 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円11,897 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mitsui Fudosan Retail Fund Investment's Earnings per Share (Diluted) for the six months ended in Jun. 2026 was 円2,214.26.


Mitsui Fudosan Retail Fund Investment  (TSE:8964) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mitsui Fudosan Retail Fund Investment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


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.


Mitsui Fudosan Retail Fund Investment Net Income Related Terms


Mitsui Fudosan Retail Fund Investment Net Income Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Retail Fund Investment's Net Income 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.

Mitsui Fudosan Retail Fund Investment Net Income Chart

Mitsui Fudosan Retail Fund Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,425.34 12,072.59 11,849.69 12,932.14 11,788.94

Mitsui Fudosan Retail Fund Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,430.76 6,501.38 5,881.69 5,907.25 5,989.57
TSE:8964
55GF Score
Mitsui Fudosan Retail Fund Investment Corp TSE:8964
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsui Fudosan Retail Fund Investment Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mitsui Fudosan Retail Fund Investment's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11790.7+-1.764+0+-1.8189894035459E-12
=11,789

Mitsui Fudosan Retail Fund Investment's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5991.078+-1.508+0+-9.0949470177293E-13
=5,990

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円11,897 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of 円11,897 Mil mean?
Mitsui Fudosan Retail Fund Investment (TSE:8964) has a Net Income of 円11,897 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors.
Is Mitsui Fudosan Retail Fund Investment's Net Income too high?
Mitsui Fudosan Retail Fund Investment's current Net Income is 円11,897 Mil. Overall, Mitsui Fudosan Retail Fund Investment has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Retail Fund Investment's Net Income compare to SPG and O?
Mitsui Fudosan Retail Fund Investment's Net Income of 円11,897 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a REITs company?
A good Net Income depends on the REITs industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors. Mitsui Fudosan Retail Fund Investment's current Net Income is 円11,897 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Retail Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment (TSE:8964) is currently considered Modestly Undervalued. The stock's GF Value™ is 円89,707.72, compared to a current price of 円75,800.00 — trading 15.5% below its estimated fair value. The current Net Income is 円11,897 Mil. Mitsui Fudosan Retail Fund Investment's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Mitsui Fudosan Retail Fund Investment (TSE:8964), the current Net Income is 円11,897 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitsui Fudosan Retail Fund Investment (TSE:8964) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued. The current stock price of 円75,800.00 is trading 15.5% below its estimated GF Value™ of 円89,707.72. GuruFocus considers Mitsui Fudosan Retail Fund Investment to be Modestly Undervalued.

Key valuation signals for TSE:8964:

  • Net Income: 円11,897 Mil
  • GF Value™: 円89,707.72 vs. price of 円75,800.00 (15.5% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the TSE:8964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui Fudosan Retail Fund Investment Business Description

Industry Real EstateREITs
Address Kojun Building, 6th Floor, 6-8-7 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
55GF Score

Get the complete analysis for TSE:8964

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円75,800.00
Price
円89,707.72
GF Value