Strengthening the Group’s Management Foundation Through a Three-Year Medium-Term Management Plan

「Some target figures for fiscal 2026, the final year of this plan, were changed in May 2026.」

「Some target figures for fiscal 2026 have been changed.」

「Against this backdrop, 三交不動産㈱ opened the “Meieki Sanco Building” in April and the “2nd Nagoya Sanco Building” in June, and began developing Mie Prefecture’s first build-to-sell rental condominium in Yokkaichi, among other initiatives to expand the earnings base centered on the real estate segment, which is expected to be a growth driver.」

「The management plan targets for fiscal 2026, the final year of the “三重交通グループ中期経営計画（2023-2026）,” are as follows.」

「Against this backdrop, based on the 4-year medium-term management plan beginning in fiscal 2023, 三交不動産㈱ proceeded with construction of the “2nd Nagoya Sanco Building” (provisional name) and the “Nagoya City Nakamura-ku Tsubaki-cho Building” (provisional name) in Nagoya, as well as the “Yokkaichi Ekimae Sanco Building” (provisional name) in Mie Prefecture, working to expand the earnings base of the real estate segment, which is expected to be a growth driver.」

「Against this backdrop, to capture a broad range of needs, the group opened “Sanco Inn Ise-Shi Ekimae ‘Annex’ Grande” in July 2023 in a building adjacent to the “Sanco Inn Ise-Shi Ekimae” business hotel, offering an elegant space of a higher grade, and worked to secure revenue.」

「The 4-year medium-term management plan “三重交通グループ中期経営計画（2023-2026）,” beginning in fiscal 2023 and announced on 10 May this year, commenced. Under its highest-priority policy of “providing safe, secure, stable and comfortable services,” the group pursued initiatives to capture increased demand accompanying the recovery from the pandemic and expand the earnings base of each business.」

「The previous 4-year “三重交通グループ中期経営計画（2019-2022）,” beginning in fiscal 2019, fell short of its numerical targets due to the significant impact of COVID-19. However, key measures, including developing real estate rental facilities in the Nagoya area and expanding the scale of solar power generation facilities, progressed as planned, enabling the group to expand its future stable earnings base. Against this backdrop, the group newly formulated the “三重交通グループ中期経営計画（2023－2026）,” beginning in fiscal 2023.」

「In addition, the group advanced the rental business, a priority area, through projects including the construction of the “2nd Nagoya Sanco Building” (provisional name), the “Nagoya City Nakamura-ku Tsubaki-cho Building” (provisional name), and the construction plan for the “Sanco Yokkaichi Ekimae Building” (provisional name), among others.」

「The group also advanced its business, focusing on priority areas, including constructing build-to-sell rental condominiums in Nagoya and the “2nd Nagoya Sanco Building” (provisional name), and pursuing plans to construct an office building in front of Kintetsu Yokkaichi Station.」

「The group also advanced its business, focusing on priority areas, including constructing build-to-sell rental condominiums in Nagoya and the “2nd Nagoya Sanco Building” (provisional name).」

「The management plan targets for the fiscal year ending March 2023, the final year of the medium-term management plan, are as stated above. However, because the business has been affected by COVID-19, the group expects operating revenue of ¥92.0 billion, operating profit of ¥4.8 billion, ordinary profit of ¥4.6 billion, and profit attributable to owners of parent of ¥3.0 billion for the final year.」

「Against this backdrop, the group advanced its business, focusing on priority areas, including acquiring land for an existing commercial facility in Yokkaichi, Mie Prefecture, and constructing 2 build-to-sell rental condominium properties in Nagoya. At the same time, it reviewed capital investment and worked to reduce costs and improve its earnings balance.」

「Against this backdrop, in the rental business, the group advanced its business, focusing on priority areas, by acquiring land for an existing commercial facility in Yokkaichi, Mie Prefecture, and proceeding with the construction of 2 build-to-sell rental condominium properties in Nagoya, while also reviewing capital investment and working to reduce costs.」

「All facilities at the “Tsu Mega Solar Mori-no-Machi Chusei Bypass Power Plant” began operations.」

「Against this backdrop, based on the medium-term management plan beginning in fiscal 2019, the group advanced its business, focusing on priority areas such as rental and environmental energy, to achieve further growth and strengthen a stable earnings base. Specific initiatives included opening the “Nagoya Sanco Building,” which had been under reconstruction in the Meieki area, in April 2020. In October of the same year, construction of all facilities at the “Tsu Mega Solar Mori-no-Machi Chusei Bypass Power Plant” was completed and operations began. In the newly entered agriculture business, the group began producing high-sugar-content mini tomatoes in August of the same year using solar-powered controlled-environment greenhouses.」

「Against this backdrop, based on the medium-term management plan beginning in fiscal 2019, the group advanced its business, focusing on priority areas such as rental and environmental energy, to achieve further growth and strengthen a stable earnings base. Specific initiatives included opening the “Nagoya Sanco Building,” whose rebuilding had been under way in the Meieki area, in April this year. Of the 5 facilities comprising the “Tsu Mega Solar Mori-no-Machi Chusei Bypass Power Plant,” scheduled for completion in January 2021, construction of 4 facilities was completed and operations began sequentially from August this year. In the newly entered agriculture business, the group also began producing high-sugar-content mini tomatoes in August using solar-powered controlled-environment greenhouses.」

「Against this backdrop, based on the medium-term management plan beginning in fiscal 2019, the group advanced its business, focusing on priority areas such as rental and environmental energy, to achieve further growth and build a stable earnings base.」

「The management plan targets and investment plan for the fiscal year ending March 2023, the final year of the medium-term management plan, are as follows: operating revenue of ¥115,000 million, operating profit of ¥8,300 million, ordinary profit of ¥8,000 million, profit attributable to owners of parent of ¥5,300 million, an equity ratio of approximately 35%, ROE of approximately 9.0%, ROA of 4.0–5.0%, an interest-bearing debt/EBITDA ratio of no more than 6 times, and a D/E ratio of no more than 1.5 times.」

「Against this backdrop, based on the medium-term management plan beginning in fiscal 2019, the group continues to work to strengthen a stable earnings base by expanding priority areas, including the environmental energy, business hotel and rental businesses.」

「Against this backdrop, based on the medium-term management plan beginning in fiscal 2019, the group is working to strengthen a stable earnings base by expanding priority areas, including the environmental energy, business hotel and rental businesses. Specific initiatives included commencing operations at the “Daibutsuyama Mega Solar Power Plant” in Ise in April this year and opening the group’s 14th business hotel, “Sanco Inn,” directly opposite the Hachijoguchi exit of Kyoto Station in September. Construction to rebuild the “Nagoya Sanco Building,” which is scheduled to house the higher-grade “Sanco Inn Grande Nagoya” brand, is also progressing smoothly, with opening scheduled by April 2020.」

「On 8 May this year, the group formulated the 4-year medium-term management plan “三重交通グループ中期経営計画（2019-2022）,” beginning in fiscal 2019. In the first quarter, it actively advanced its business by further pursuing initiatives to transform its business structure and capturing consumer demand arising from the era change and the 10-day Golden Week holiday.」

「Against this backdrop, in the current fiscal year, the final year of the medium-term management plan formulated in February 2016, the group actively advanced its business toward achieving the plan. Visitor numbers increased substantially at the “Gozaisho Ropeway,” which underwent a major renovation in July 2018. In September, the group opened the “Tokyu Hands Nagoya Mozo Wonder City store,” its third store in Nagoya, in the household goods retail business. It also opened “Sanco Inn Osaka Yodoyabashi,” the Sanco Inn business hotel’s first location in Kansai, among other initiatives to strengthen and expand earnings power.」

「Against this backdrop, in the current fiscal year, the final year of the medium-term management plan formulated in February 2016, our Group actively advanced its businesses toward achieving the plan. In particular, we carried out a major renovation of the Gozaisho Ropeway in July this year and opened “Tokyu Hands Nagoya Mozo Wonder City,” our third store in Nagoya, in the household goods retail business in September. In the business hotel business, “Sanco Inn Osaka Yodoyabashi,” the Group’s first hotel in the Kansai region, was also opened, and we worked to strengthen and expand our earnings capacity.」

「Against this backdrop, in the current fiscal year, the final year of the medium-term management plan formulated in February 2016, our Group steadily implemented its investment plans, including the renovation of the Gozaisho Ropeway, construction of “Sanco Inn Kyoto Hachijoguchi” (provisional name), reconstruction of the Nagoya Sanco Building, and construction of mega-solar facilities, while actively advancing its businesses toward achieving the plan.」

「Against this backdrop, our Group actively advanced its businesses based on the three basic policies set out in the medium-term management plan formulated in February 2016: “providing safe, secure, reliable and comfortable services,” “strategic investment in growth areas,” and “ensuring management stability.” In particular, at the Ise-san Confectionery Expo 2017, held in Ise, Mie Prefecture from April to May 2017 and attended by more than 580,000 visitors, we successfully completed passenger transportation for visitors and worked to secure revenue through accommodation and food-service operations at the venue. In the real estate segment’s condominium sales business, revenue increased substantially as the number of newly built condominiums sold in the Nagoya and Osaka areas rose. In addition, in the areas identified for “strategic investment in growth areas,” revenue and profit in the environmental energy business increased substantially following the construction of new solar power facilities. In the business hotel business within the leisure and services segment, we opened our 12th hotel, “Sanco Inn Nagoya Shinkansen-guchi ANNEX,” in December 2017, while each hotel continued to maintain high occupancy rates and room rates, supporting steady growth as a stable earnings base.」

「Against this backdrop, our Group actively advanced its businesses based on the three basic policies of the medium-term management plan formulated in February 2016: “providing safe, secure, reliable and comfortable services,” “strategic investment in growth areas,” and “ensuring management stability,” in order to achieve the plan.」

「Against this backdrop, our Group actively advanced its businesses based on the three basic policies of the medium-term management plan: “providing safe, secure, reliable and comfortable services,” “strategic investment in growth areas,” and “ensuring management stability,” in order to advance the plan’s priority measures.」

「Against this backdrop, our Group actively developed its businesses, particularly in priority areas, to achieve the first-year plan under the medium-term management plan formulated in February 2016. In particular, we successfully completed transportation for participants at the Ise-Shima Summit held in May 2016 and worked to provide the basic-policy services of “safety, security, reliability and comfort.” We also sought to improve profitability across our businesses through measures including the construction of new solar power facilities, the opening of “Sanco Inn Ise-shi Ekimae,” our 11th business hotel, and the renovation of the franchised “Tokyu Hands Nagoya” store.」

「Against this backdrop, our Group actively advanced its businesses to achieve the first-year plan under the medium-term management plan announced in February this year. In particular, we successfully completed transportation for participants at the Ise-Shima Summit held in May this year and provided the basic-policy services of “safety, security, reliability and comfort.” In addition, new facilities began operating smoothly in the rental and environmental energy businesses, which were identified as areas for “strategic investment in growth areas.”」

「Against this backdrop, our Group steadily advanced its businesses under three basic policies, including “providing safe, secure, reliable and comfortable services,” to achieve the medium-term management plan beginning this fiscal year.」

「Under the medium-term management plan formulated in February this year, we are working to strengthen the Group’s management foundation by pursuing the achievement of the three-year plan under three basic policies: “providing safe, secure, reliable and comfortable services,” “strategic investment in growth areas,” and “ensuring management stability.”」