Mitsui Fudosan Co., Ltd. announced that it has formulated VISION 2025, the new Mitsui Fudosan Group Long-Term Vision.
In fiscal 2015, the Mitsui Fudosan Group unveiled the Medium-Term Business Plan “Innovation 2017 Stage II.” Guided by this plan, the Group has been working to further strengthen the competitiveness of its domestic business and achieve dramatic growth in its overseas business. In fiscal 2017, the Group was able to show solid progress on this plan. Notably, the Group posted both record-high operating income and profit attributable to owners of parent for the fourth consecutive year, thereby achieving the goals laid out in the plan.
Three years have passed since the plan was drawn up. During this time, the external environment has changed significantly. Japan is seeing the full-fledged progression of population decline, low birthrates and the aging of society. In addition, the acceleration of technological advances combined with further diversification and fragmentation in perceptions of value, could pave the way for a dramatic change in the existing structure of industry and business models. Moreover, there has been a continued rise in awareness of sustainability issues such as environmental concerns and social challenges. It will be essential for companies to be even more mindful of these changes in developing businesses.
Based on its view of the environment, the Mitsui Fudosan Group believes that it will be crucial to innovate the real estate business and to achieve further globalization, to attain sustainable growth into the mid-2020s and beyond. In order to execute strategies from a long-term perspective, the Mitsui Fudosan Group has formulated the long-term Vision: VISION 2025.
Based on the Group’s Statement, Vision and Mission, the Mitsui Fudosan Group has formulated 2025 VISION to articulate a long-term Vision that clearly lays out the Group’s future direction.
The Mitsui Fudosan Group will execute the following three basic strategies: customer-centered management, business innovation and evolution of Group management. By doing so, the Group will strive to maintain robust growth and profitability and contribute to establishing a sustainable society.
The Mitsui Fudosan Group will implement the following three main initiatives:
At the same time, steadily build out the infrastructure to support these initiatives.
The Mitsui Fudosan Group aims to achieve sustainable profit growth toward around 2025.
|Consolidated operating income||Around ¥350 billion|
|Of which: Overseas income||Around 30%|
*Revised in May, 2022
Mitsui Fudosan Group Long-Term VisionVISION 2025(3.12MB)
Group Action Plan to Realize a Decarbonized Society -- Disclosure of Initial Year Progress in FY2021
Residences at The Cortland and 200 Amsterdam, Two Luxury Properties, Available for Purchase in Manhattan, New York