Multifaceted Development Spanning For-Sale Residential, Commercial and Hotel Properties

「To diversify revenue opportunities, our Group is proactively promoting the development and supply of diverse asset types as shown below. ・Community-based commercial facilities: tonarie ・Logistics facilities: LOGITRES ・Rental condominiums: TOPAZ ・Hotels ・Office buildings ・Commercial land etc.」

「Our Group is pursuing development of diverse asset types in the real estate development business, as shown below. ・Community-based commercial facilities: tonarie ・Logistics facilities: LOGITRES ・Rental condominiums: TOPAZ ・Hotels ・Office buildings ・Commercial land etc.」

「Around Shin-Omura Station on the Nishi Kyushu Shinkansen line in Omura, Nagasaki Prefecture, we are developing the mixed-use complex SAKURA MIRAI SHIN OMURA together with DAIWA HOUSE INDUSTRY CO.,LTD. and IZUMI CO.,LTD.」

「In Kariya, Aichi Prefecture, we acquired approximately 30,000 tsubo of large-scale development land in September 2024. We plan to develop a mixed-use commercial facility on this business site, which is close to a major road and highly accessible by car, as part of an urban development project.」

「In September 2023, we opened tonarie medical Himeji Yumesakigawa in Himeji, Hyogo Prefecture, our first clinic mall development project. It is a clinic mall designed to be more accessible to local residents and represents a new initiative.」

「The project was named SAKURA MIRAI SHIN OMURA. In conjunction with the opening of the station in September 2022, the plan is to develop condominiums, commercial facilities and other properties where residents and visitors from outside the city can interact, in line with Omura City's urban development policy. On 2 sites, we are developing the 2 condominium buildings Le Jade Shin Omura Station Front and Le Jade Shin Omura Parkside, with a total of 191 units.」

「In January 2023, we acquired a business site in Karuizawa, Kitasaku District, Nagano Prefecture. Surrounded by Karuizawa's rich natural environment, it will be our second development project in the area.」

「In August of the same year, we commenced development of a clinic mall with approximately 7 planned medical departments in Himeji, Hyogo Prefecture, as part of a medical and nursing care zone centered on a new hospital scheduled to open in early 2023, in an area where welfare facilities and other developments are planned. As a comprehensive developer, we are pursuing diversified real estate development rooted in the local community.」

「In February 2022, we commenced construction of the Namiki no Mori City development project in Iwaki, Fukushima Prefecture, comprising integrated residential, commercial and parking buildings, together with the Iwaki Station Namiki-dori District Urban Redevelopment Association and Hoosiers Corporation.」

「Although the business environment is challenging, we have viewed it as an opportunity to expand into new business areas and have laid the groundwork for sustainable growth.」

「In the Kyushu and Hokkaido regions, we acquired our first new residential development sites in Fukuoka's Minami Ward and Higashi Ward, Sapporo, respectively, as well as the commercial facility Shuroa Mall Nagamine (Higashi Ward, Kumamoto). We also acquired the site for the logistics facility Chiba Research Park (Wakaba Ward, Chiba) and are pursuing proactive logistics development.」

「In the residential development business, we have begun sales of new projects including Le Jade Hirano (Hirano Ward, Osaka; 58 total units), Le Jade Uehommachi (Tennoji Ward, Osaka; 56 total units) and Le Jade Tsukuba Station Front (Tsukuba, Ibaraki Prefecture; 218 total units), while Le Jade Nagai Koen-dori (Sumiyoshi Ward, Osaka; 108 total units) has sold out under contract.」

「In September 2020, we changed the name of the Fukuoka Branch to the Kyushu Branch in order to expand our diversified operations beyond Fukuoka Prefecture to the entire Kyushu region, and will continue acquiring new business sites in Kyushu.」

「In addition to logistics development, we are promoting business diversification, including entry into new business fields with a view to the next generation and globalization, such as the acquisition of a business site in Chiyoda, Tokyo, for office development, while launching the new logistics brand LOGITRES.」

「In June 2019, we acquired land for a condominium development in Higashi Ward, Nagoya, the first such site in the Chubu region, and will develop the business in a way that contributes to revitalizing the local community.」

「In the commercial development business, we acquired the commercial facilities Tsukuba Q’t, Tsukuba MOG and Tsukuba Creo in Tsukuba, Ibaraki Prefecture, in December 2018 and March 2019, respectively. Drawing on our experience in diversified real estate development, we will promote an integrated development around Tsukuba Station comprising the 3 facilities and contributing to the local community. In the logistics development business, we launched the new logistics brand LOGITRES. In addition, as a new business, we invested in a Hawaii real estate investment fund and commenced overseas operations.」

「To promote diversification of our residential development business, we participated in the redevelopment project for Le Jade Kuzuha (Hirakata, Osaka Prefecture; 78 total units) as a participating member of the condominium rebuilding association and began sales. We also commenced a land readjustment project to develop a distribution and industrial estate (Koga, Fukuoka Prefecture; total development area of approximately 80,000 tsubo) and a logistics business to develop a logistics facility (Kato, Hyogo Prefecture; floor area of approximately 13,000 tsubo, scheduled for completion in September 2019).」

「To promote diversification of our residential development business, we participated in the redevelopment project for Le Jade Kuzuha (Hirakata, Osaka Prefecture; 78 total units) as a participating member of the condominium rebuilding association. We also began a renovation project to convert company housing into the condominium Le Jade Bio Funabashi Kitanarashino (Funabashi, Chiba Prefecture; 50 total units). In addition, we commenced a land readjustment project to develop a distribution estate (Koga, Fukuoka Prefecture; total development area of approximately 80,000 tsubo) and a logistics business to develop a logistics facility (Kato, Hyogo Prefecture; floor area of approximately 42,000 m², scheduled for completion in September 2019).」

「As described above, during the three-month period ended [current first quarter], we acquired new business sites comprising 1 project in the Tokyo metropolitan area, 6 projects in the Kinki region and 1 project in other regions, for use as sites for diversified developments including residential and land readjustment projects, and are steadily and proactively expanding our business.」

「As described above, during the fiscal year, we acquired new business sites comprising 11 projects in the Tokyo metropolitan area, 10 projects in the Kinki region and 2 projects in other regions, for use as sites for diversified developments including residential, commercial, renovation, hotel and logistics projects, and are steadily and proactively expanding our business.」

「As described above, during the nine-month period ended [current third quarter], we acquired new business sites comprising 8 projects in the Tokyo metropolitan area, 9 projects in the Kinki region and 2 projects in other regions, for use as sites for diversified developments including residential, commercial, renovation and logistics projects, and are steadily and proactively expanding our business.」

「As described above, during the six-month period ended [current second quarter], we acquired new business sites comprising 6 projects in the Tokyo metropolitan area, 7 projects in the Kinki region and 2 projects in other regions, for use as sites for diversified developments including residential and commercial projects, and are steadily and proactively expanding our business.」

「As described above, during the three-month period ended [current first quarter], we acquired new business sites comprising 5 projects in the Tokyo metropolitan area, 4 projects in the Kinki region and 2 projects in other regions, for use as sites for diversified developments including residential and commercial projects, and are steadily and proactively expanding our business.」

「Through diversified real estate operations, including residential development, commercial development, hotel development, planning consultancy, facility operations and management, and asset management, we are managing the business with a constant view to maintaining the optimal balance」

「In terms of business expansion, our core real estate sales business involves the sale of income-producing properties and planned land sales, while sales of condominiums also progressed steadily.」

「As described above, during the six-month period ended [current second quarter], we acquired new business sites comprising 8 projects in the Tokyo metropolitan area, 6 projects in the Kinki region and 5 projects in other regions, for use as sites for diversified developments including residential, commercial and hotel projects, and are steadily and proactively expanding our business.」