Business structure built around housing and condominium businesses

「Beginning in the second quarter of the current fiscal year, the company reviewed its management reporting categories because サンヨーアーキテック㈱, the Frontier Business, began full-scale sales activities for what is commonly known as housing contracting, integrating construction and materials. Accordingly, the Frontier Business, which had previously been included in Other, was reclassified to the Housing Business.」

「① Housing Business In the detached housing business during the 9-month period of the current fiscal year, the company began selling “スマｅタウン・アーバンコミュニティ桑名South,” the first project in Japan to be selected under the low- and mid-rise condominium sales category of the Ministry of the Environment's ZEH-M (net zero energy house for multi-unit housing) support programme. ② Condominium Business In the Condominium Business during the 9-month period of the current fiscal year, 3 properties were completed and recorded as sales: “ザ・サンメゾン小石川” (Bunkyo-ku, Tokyo; 42 units), aimed at affluent customers in central Tokyo, in the second quarter; “サンメゾン水前寺駅前ゲート” (Chuo-ku, Kumamoto; 70 units), based on a “neo-classic” concept, and “シーフォレスト神戸 ルネ 六甲アイランドCITY” (Higashinada-ku, Kobe; 268 units), in the third quarter.」

「Therefore, the Group consists of segments by product and service based on the type of business, with the Housing Business and the Condominium Business as its 2 reportable segments.」

「The company has established manufacturing and sales structures by product and service, formulates comprehensive strategies for the products and services it handles, and conducts its business activities accordingly. Therefore, the Group consists of segments by product and service based on the type of business, with the Housing Business and the Condominium Business as its 2 reportable segments.」

「The Group has 2 reportable segments: the Housing Business and the Condominium Business.」