Mitsubishi Estate·Simon (Premium Outlets Japan)

The Japan read

From the company's own filing for Full year to Mar 2026 · reported 2026-06-18 · the filing ↗

• StoresIt runs ten Premium Outlets centres: Gotemba (about 290 shops), Rinku, Sano, Tosu, Toki, Kobe-Sanda, Sendai-Izumi, Ami, Shisui and Fukaya-Hanazono. Shop floor area was unchanged at 373,100㎡, and a Kyoto Joyo centre is to open when nearby roads do, Mitsubishi Estate's data book says.
• Not disclosedThe notice gives no tenant sales, visitor numbers or inbound figures. Mitsubishi Estate's data book shows sales-linked rent at 51% of the outlets' rent in the year to March 2026, against 50% a year earlier and 38% four years earlier; the rest is fixed rent.
• JapanCombined annual tenant sales across its centres passed ¥400bn in the year to March 2024, up from ¥300bn in the year to March 2016, according to its own company history.

Other callouts in the filing

• BasisMitsubishi Estate's data book puts the outlet-mall business's return on assets at 19.5% in the year to March 2026, up from 17.8%; the notice shows total assets of ¥139.8bn and net assets of ¥55.4bn.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.