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Mitsubishi Logistics

DB:MIB
Snowflake Description

Average dividend payer with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MIB
DB
¥189B
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Mitsubishi Logistics Corporation provides logistic services in Japan and internationally. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Mitsubishi Logistics has significant price volatility in the past 3 months.
MIB Share Price and Events
7 Day Returns
13.5%
DB:MIB
6.6%
DE Infrastructure
7.3%
DE Market
1 Year Returns
-27.2%
DB:MIB
-42.7%
DE Infrastructure
-17.7%
DE Market
MIB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mitsubishi Logistics (MIB) 13.5% -12.4% -22.4% -27.2% -29.6% -39.7%
DE Infrastructure 6.6% -32.4% -48.6% -42.7% -41.2% -17.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • MIB outperformed the Infrastructure industry which returned -42.7% over the past year.
  • MIB underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
MIB
Industry
5yr Volatility vs Market

MIB Value

 Is Mitsubishi Logistics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mitsubishi Logistics to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mitsubishi Logistics.

DB:MIB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in JPY ¥ 65.083333333333
Payout Ratio Company Filings (2019-12-31) 2414.5%
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:MIB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 30.86%) (50.92%))
0.99
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.99 * 6.33%)
5.88%

Discounted Cash Flow Calculation for DB:MIB using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Mitsubishi Logistics is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:MIB Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥65.08 / (5.88% - -0.39%)
¥0.07
DB:MIB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:MIB represents 0.00805x of TSE:9301
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00805x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,038.64 x 0.00805
€8.36
Value per share (EUR) From above. €8.36
Current discount Discount to share price of €17.70
= -1 x (€17.70 - €8.36) / €8.36
-111.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mitsubishi Logistics is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mitsubishi Logistics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mitsubishi Logistics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MIB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥150.38
TSE:9301 Share Price ** TSE (2020-03-30) in JPY ¥2200
Europe Infrastructure Industry PE Ratio Median Figure of 38 Publicly-Listed Infrastructure Companies 11.07x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mitsubishi Logistics.

DB:MIB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:9301 Share Price ÷ EPS (both in JPY)

= 2200 ÷ 150.38

14.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsubishi Logistics is overvalued based on earnings compared to the Europe Infrastructure industry average.
  • Mitsubishi Logistics is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Mitsubishi Logistics's expected growth come at a high price?
Raw Data
DB:MIB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
13.5%per year
Europe Infrastructure Industry PEG Ratio Median Figure of 18 Publicly-Listed Infrastructure Companies 1.18x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:MIB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.63x ÷ 13.5%

1.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsubishi Logistics is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Mitsubishi Logistics's assets?
Raw Data
DB:MIB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥3,446.73
TSE:9301 Share Price * TSE (2020-03-30) in JPY ¥2200
Germany Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.96x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:MIB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9301 Share Price ÷ Book Value per Share (both in JPY)

= 2200 ÷ 3,446.73

0.64x

* Primary Listing of Mitsubishi Logistics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsubishi Logistics is good value based on assets compared to the DE Infrastructure industry average.
X
Value checks
We assess Mitsubishi Logistics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Mitsubishi Logistics has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MIB Future Performance

 How is Mitsubishi Logistics expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mitsubishi Logistics expected to grow at an attractive rate?
  • Mitsubishi Logistics's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Mitsubishi Logistics's earnings growth is positive but not above the Germany market average.
  • Mitsubishi Logistics's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:MIB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:MIB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 13.5%
DB:MIB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 2%
Europe Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:MIB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MIB Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 239,200 34,987 16,650 4
2021-03-31 230,950 26,749 12,350 4
2020-03-31 229,275 23,202 12,550 4
2020-03-30
DB:MIB Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 228,829 17,360 13,043
2019-09-30 232,184 22,842 12,911
2019-06-30 230,137 21,229 11,750
2019-03-31 227,185 23,352 11,564
2018-12-31 224,311 20,634 10,054
2018-09-30 219,927 19,804 9,722
2018-06-30 218,316 20,031 10,195
2018-03-31 215,407 21,481 10,517
2017-12-31 213,418 19,321 10,880
2017-09-30 216,541 24,233 11,996
2017-06-30 211,472 23,748 11,407
2017-03-31 208,718 21,466 10,665

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mitsubishi Logistics's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
  • Mitsubishi Logistics's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:MIB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Mitsubishi Logistics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MIB Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 199.07 308.90 157.14 4.00
2021-03-31 145.02 151.84 130.10 4.00
2020-03-31 145.12 152.98 135.60 4.00
2020-03-30
DB:MIB Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 150.38
2019-09-30 148.14
2019-06-30 134.25
2019-03-31 132.02
2018-12-31 114.78
2018-09-30 110.99
2018-06-30 116.39
2018-03-31 120.06
2017-12-31 124.21
2017-09-30 136.95
2017-06-30 130.22
2017-03-31 121.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mitsubishi Logistics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mitsubishi Logistics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mitsubishi Logistics has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MIB Past Performance

  How has Mitsubishi Logistics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mitsubishi Logistics's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mitsubishi Logistics's year on year earnings growth rate has been positive over the past 5 years.
  • Mitsubishi Logistics's 1-year earnings growth exceeds its 5-year average (29.7% vs 6.3%)
  • Mitsubishi Logistics's earnings growth has exceeded the Europe Infrastructure industry average in the past year (29.7% vs 6.9%).
Earnings and Revenue History
Mitsubishi Logistics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mitsubishi Logistics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MIB Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 228,829.00 13,043.00 9,833.00
2019-09-30 232,184.00 12,911.00 9,913.00
2019-06-30 230,137.00 11,750.00 9,981.00
2019-03-31 227,185.00 11,564.00 9,992.00
2018-12-31 224,311.00 10,054.00 9,917.00
2018-09-30 219,927.00 9,722.00 9,822.00
2018-06-30 218,316.00 10,195.00 9,725.00
2018-03-31 215,407.00 10,517.00 9,711.00
2017-12-31 213,418.00 10,880.00 9,916.00
2017-09-30 216,541.00 11,996.00 9,838.00
2017-06-30 211,472.00 11,407.00 9,691.00
2017-03-31 208,718.00 10,665.00 9,740.00
2016-12-31 205,239.00 10,443.00 9,336.00
2016-09-30 200,081.00 9,301.00 9,200.00
2016-06-30 204,848.00 9,125.00 9,196.00
2016-03-31 206,831.00 9,350.00 8,986.00
2015-12-31 209,813.00 9,239.00 9,139.00
2015-09-30 209,523.00 9,720.00 9,178.00
2015-06-30 206,451.00 8,976.00 9,194.00
2015-03-31 204,362.00 9,133.00 9,042.00
2014-12-31 202,721.00 9,071.00 8,934.00
2014-09-30 200,025.00 9,064.00 8,792.00
2014-06-30 199,052.00 9,369.00 8,582.00
2014-03-31 198,161.00 8,520.00 8,533.00
2013-12-31 196,542.00 8,765.00 8,564.00
2013-09-30 194,389.00 8,461.00 8,535.00
2013-06-30 192,848.00 8,228.00 8,499.00
2013-03-31 192,260.00 8,591.00 8,516.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mitsubishi Logistics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mitsubishi Logistics used its assets less efficiently than the Europe Infrastructure industry average last year based on Return on Assets.
  • Mitsubishi Logistics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mitsubishi Logistics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mitsubishi Logistics has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MIB Health

 How is Mitsubishi Logistics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mitsubishi Logistics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mitsubishi Logistics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mitsubishi Logistics's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mitsubishi Logistics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mitsubishi Logistics Company Filings, last reported 2 months ago.

DB:MIB Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 299,151.00 96,236.00 35,918.00
2019-09-30 293,241.00 96,162.00 45,693.00
2019-06-30 293,106.00 86,672.00 33,214.00
2019-03-31 299,103.00 86,702.00 43,337.00
2018-12-31 292,515.00 86,584.00 37,977.00
2018-09-30 305,288.00 70,786.00 37,403.00
2018-06-30 296,607.00 72,785.00 36,847.00
2018-03-31 294,549.00 71,912.00 40,329.00
2017-12-31 299,423.00 72,343.00 37,973.00
2017-09-30 288,510.00 71,662.00 40,324.00
2017-06-30 281,441.00 76,632.00 43,500.00
2017-03-31 276,868.00 65,599.00 37,841.00
2016-12-31 273,865.00 66,273.00 45,269.00
2016-09-30 260,380.00 70,356.00 43,644.00
2016-06-30 254,852.00 70,886.00 45,431.00
2016-03-31 257,523.00 70,954.00 47,398.00
2015-12-31 264,650.00 71,816.00 44,580.00
2015-09-30 259,616.00 72,161.00 45,339.00
2015-06-30 268,257.00 73,464.00 40,678.00
2015-03-31 263,087.00 76,307.00 45,093.00
2014-12-31 252,665.00 76,035.00 43,526.00
2014-09-30 247,329.00 74,856.00 44,490.00
2014-06-30 242,130.00 75,155.00 39,399.00
2014-03-31 236,641.00 72,162.00 43,123.00
2013-12-31 242,617.00 72,586.00 36,742.00
2013-09-30 236,977.00 66,111.00 35,758.00
2013-06-30 232,459.00 63,849.00 33,474.00
2013-03-31 227,826.00 58,006.00 33,867.00
  • Mitsubishi Logistics's level of debt (32.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (30.1% vs 32.2% today).
  • Debt is not well covered by operating cash flow (18%, less than 20% of total debt).
  • Mitsubishi Logistics earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Mitsubishi Logistics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mitsubishi Logistics has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MIB Dividends

 What is Mitsubishi Logistics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.73%
Current annual income from Mitsubishi Logistics dividends. Estimated to be 2.96% next year.
If you bought €2,000 of Mitsubishi Logistics shares you are expected to receive €55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mitsubishi Logistics's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Mitsubishi Logistics's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:MIB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 6.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:MIB Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 71.25 4.00
2021-03-31 64.00 4.00
2020-03-31 60.00 4.00
2020-03-30
DB:MIB Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-11-14 60.000 2.267
2019-10-31 60.000 2.106
2019-06-27 60.000 2.160
2019-04-26 60.000 1.991
2019-02-14 30.000 1.021
2019-01-31 30.000 1.114
2018-11-14 30.000 1.117
2018-10-31 30.000 1.121
2018-07-31 30.000 1.128
2018-06-28 30.000 1.239
2018-04-27 30.000 1.245
2018-02-14 28.000 1.177
2018-01-31 28.000 1.065
2017-11-14 28.000 0.950
2017-10-31 28.000 0.926
2017-06-29 28.000 0.995
2017-04-28 28.000 0.968
2017-02-14 24.000 0.772
2017-01-31 24.000 0.752
2016-11-14 24.000 0.744
2016-10-31 24.000 0.851
2016-06-29 24.000 0.804
2016-04-28 24.000 0.827
2016-02-12 24.000 0.808
2016-01-29 24.000 0.793
2015-11-13 24.000 0.759
2015-10-30 24.000 0.716
2015-06-26 24.000 0.758
2015-04-30 24.000 0.696
2015-02-13 24.000 0.638
2015-01-30 24.000 0.682
2014-11-14 24.000 0.673
2014-10-31 24.000 0.685
2014-06-27 24.000 0.782
2014-04-30 24.000 0.814
2014-02-14 24.000 0.848
2014-01-31 24.000 0.869
2013-11-14 24.000 0.776
2013-10-31 24.000 0.900
2013-06-27 24.000 0.846
2013-04-30 24.000 0.810
2013-02-14 24.000 0.724
2013-01-31 24.000 0.890
2012-11-14 24.000 1.029
2012-10-31 24.000 1.164
2012-07-31 24.000 1.310
2012-06-28 24.000 1.462
2012-04-27 24.000 1.495
2012-02-14 24.000 1.290
2012-01-31 24.000 1.395
2011-11-14 24.000 1.443
2011-10-31 24.000 1.414
2011-07-29 24.000 1.440
2011-06-29 24.000 1.311
2011-04-28 24.000 1.376
2011-02-14 24.000 1.245
2011-01-31 24.000 1.078
2010-11-12 24.000 1.101
2010-10-29 24.000 1.178
2010-08-02 24.000 1.205
2010-06-29 24.000 1.211
2010-04-30 24.000 1.088
2010-02-12 24.000 1.081
2010-01-29 24.000 1.215
2009-11-13 24.000 1.182
2009-04-30 24.000 1.149

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Mitsubishi Logistics's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mitsubishi Logistics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mitsubishi Logistics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mitsubishi Logistics has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MIB Management

 What is the CEO of Mitsubishi Logistics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Masao Fujikura
TENURE AS CEO 1.9 years
CEO Bio

Mr. Masao Fujikura has been President at Mitsubishi Logistics Corporation since April 1, 2018 and also has been its Representative Director since June 29, 2016. Mr. Fujikura served as General Manager of Osaka Branch at Mitsubishi Logistics Corporation since June 29, 2016 until April 1, 2018 and also served as its Managing Director since April 1, 2017 until April 1, 2018.

CEO Compensation
  • Insufficient data for Masao to compare compensation growth.
  • Insufficient data for Masao to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Mitsubishi Logistics management team in years:

1.9
Average Tenure
  • The average tenure for the Mitsubishi Logistics management team is less than 2 years, this suggests a new team.
Management Team

Masao Fujikura

TITLE
President & Representative Director
TENURE
1.9 yrs

Yoshiji Ohara

TITLE
MD & Director
TENURE
3.9 yrs

Yasushi Saito

TITLE
MD & Director
TENURE
1.9 yrs

Hitoshi Wakabayashi

TITLE
MD & Director
TENURE
2.9 yrs

Shinji Kimura

TITLE
MD & Director
TENURE
1.9 yrs

Hiroshi Nishikawa

TITLE
MD & Director
TENURE
1.2 yrs

Saburo Naraba

TITLE
MD & Representative Director
TENURE
1.2 yrs

Tatsushi Nakashima

TITLE
GM of Nagoya Branch & Director
TENURE
2.2 yrs

Akira Yamao

TITLE
GM of Planning & Business Coordination Division and Director
TENURE
1.2 yrs

Akio Miura

TITLE
GM of International Transportation Business Division & Director
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure of the Mitsubishi Logistics board of directors in years:

2.2
Average Tenure
  • The average tenure for the Mitsubishi Logistics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Akio Matsui

TITLE
Chairman of the Board
TENURE
1.9 yrs

Masao Fujikura

TITLE
President & Representative Director
TENURE
3.8 yrs

Yoshiji Ohara

TITLE
MD & Director

Yasushi Saito

TITLE
MD & Director
TENURE
3.8 yrs

Hitoshi Wakabayashi

TITLE
MD & Director
TENURE
3.8 yrs

Shinji Kimura

TITLE
MD & Director
TENURE
2.7 yrs

Hiroshi Nishikawa

TITLE
MD & Director
TENURE
2.2 yrs

Saburo Naraba

TITLE
MD & Representative Director
TENURE
2.2 yrs

Tatsushi Nakashima

TITLE
GM of Nagoya Branch & Director
TENURE
2.2 yrs

Akira Yamao

TITLE
GM of Planning & Business Coordination Division and Director
TENURE
1.2 yrs

Akio Miura

TITLE
GM of International Transportation Business Division & Director
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Mitsubishi Logistics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mitsubishi Logistics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MIB News

Simply Wall St News

MIB Company Info

Description

Mitsubishi Logistics Corporation provides logistic services in Japan and internationally. The company operates in Logistics and Real Estate segments. It offers warehousing and distribution center services, and truck transportation services. The company operates ports and harbors; and provides railway, ocean, and air cargo transportation, as well as import/export customs clearance services. It is also involved in the purchase, leasing, management, and construction of real estate; and provision of ship registration services and other related services. The company was formerly known as Mitsubishi Warehouse Co., Ltd. and changed its name to Mitsubishi Logistics Corporation in 1996. Mitsubishi Logistics Corporation was founded in 1887 and is headquartered in Tokyo, Japan.

Details
Name: Mitsubishi Logistics Corporation
MIB
Exchange: DB
Founded: 1887
¥1,585,219,735
85,908,467
Website: http://www.mitsubishi-logistics.co.jp
Address: Mitsubishi Logistics Corporation
Nihonbashi Dia Building,
1-19-1 Nihonbashi,
Tokyo,
103-8630,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9301 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
DB MIB Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
4,466
Mitsubishi Logistics employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 22:47
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/06
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.