Jan 25 (Reuters) -
              Mugen Estate Co., Ltd.     
              CONSOLIDATED EARNINGS ESTIMATES
  (in billions of yen unless specified)                    
                 Full Year to      Full Year to 
               Dec 31, 2018      Dec 31, 2018   
                  LATEST           PREVIOUS     
                 FORECAST          FORECAST     
  Sales            53.90             53.28      
  Operating         5.90              4.56      
  Recurring         5.20              3.76      
  Net               3.30              2.38      
  EPS           135.47 yen         97.75 yen    
 
  NOTE - Mugen Estate Co., Ltd..    
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