Expansion of Real Estate Investment and Leasing Using the Balance Sheet

「Total assets at the end of the interim consolidated accounting period were ¥7,580,406 thousand, an increase of ¥3,788,653 thousand from the end of the previous consolidated fiscal year. The increase in current assets was mainly due to an increase of ¥803,734 thousand in real estate for sale resulting from property acquisitions and an increase of ¥948,463 thousand in cash and deposits, primarily due to the issuance of new shares through a public offering and a third-party allotment. The increase in non-current assets was mainly due to acquisitions of property for lease, which increased buildings and structures by ¥349,692 thousand and land by ¥1,507,191 thousand.」

「In April this year, we decided to launch a “master leasing business for effectively utilized real estate” as a new business supporting companies’ effective use of land, with the aim of further expanding revenue opportunities.」

「We will continue to build stable rental business income through real estate investment using the balance sheet and develop an earnings structure that balances growth and stability.」