Real Estate–Restaurant Synergies through Project-Based Store Openings and Development of Buildings Supporting Independent Operators

「Project-based store openings are a model in which the Company actively makes proposals from the development stage of buildings and commercial facilities, increases value through the comprehensive development of food-service floors and building redevelopment, and enables store openings on more favorable terms. By promoting project-based store openings, the Company aims to reduce investment costs and ongoing expenses such as rent in the food-service business, secure revenue from rents and other sources, and improve profitability across the Group. It is also actively developing properties that leverage synergies with the food-service business, including buildings that support independent operators, with the aim of expanding the business and establishing a stable, recurring earnings base.」