In-house development of new income-producing real estate using fixed-term business land leases
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For raw-site development, the Group is working on commercial facility development, mainly along major roads, and aims to secure stable income based on long-term leases.」
The Group reaffirmed its method of developing commercial facilities from raw sites and securing stable income through long-term leases. - 2026-05-13AdvancedFinancial Results Presentation
「A commercial facility newly developed and opened in the third quarter in Sakurai, Nara Prefecture, contributed to earnings」
The development, opening and monetization of a new rental property are presented as actual results. - FY2025RestatedAnnual report
「The Group has focused on a scheme for generating stable long-term income from tenants by using a fixed-term business land lease under which it acts as lessor. The land use is limited to business purposes and the lease term is from 10 years to less than 50 years.」
The scheme for generating stable long-term income through fixed-term business land leases is reaffirmed. - FY2022First statedAnnual report
「For the site, the Group focused on a scheme for generating stable long-term income by using a fixed-term business land lease under which the Group acts as lessor. The land use is limited to business purposes and the lease term is from 10 years to less than 50 years.」
The Group attracts tenants first and develops roadside commercial facilities and other properties from raw sites while limiting inventory risk.