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Mitsui Fudosan sets long-term income target

Mitsui Fudosan Co. Ltd. is targeting a consolidated operating income of about ¥350 billion by 2025.

The Japanese real estate company expects about 30% of the operating income to come from overseas, with a projected return on assets of roughly 5%, it said in a statement announcing its long-term strategy, dubbed Vision 2025.

As of May 11, US$1 was equivalent to ¥109.40.