Expansion of High-Quality Rental Housing and the Real Estate Rental Platform

「Revenue from the real estate business declined 11.0% year on year to ¥114,779 million, although the real estate leasing business posted higher revenue, owing to a decline in condominium sales handovers. Operating profit declined 28.4% to ¥13,573 million, owing to lower revenue from the real estate sales business.」

「Revenue from the real estate business declined 8.2% year on year to ¥56,248 million, although the real estate leasing business posted higher revenue, owing mainly to a decline in condominium sales handovers in the real estate sales business. Operating profit declined 19.8% to ¥7,377 million, owing to lower profit resulting from the decline in revenue from the real estate sales business.」

「Revenue from the real estate business rose 34.6% year on year to ¥61,268 million, owing to an increase in condominium sales handovers and higher revenue from the real estate leasing business. Operating profit rose 37.6% to ¥9,196 million; although profit declined in the real estate leasing business, higher profit from the real estate sales business more than offset the decline.」

「Revenue from the real estate business rose 11.6% year on year to ¥107,906 million, owing to contributions from premium condominium sales in the real estate sales business and higher revenue from the real estate leasing business. Operating profit rose 15.5% to ¥15,967 million, owing to higher revenue.」

「Revenue from the real estate business rose 7.5% year on year to ¥72,511 million, owing to higher revenue from the real estate leasing business and contributions from premium condominium sales. Operating profit rose 17.0% to ¥10,882 million, owing to higher revenue.」

「Revenue from the real estate business declined 4.3% year on year to ¥45,517 million, as higher revenue from the real estate leasing business was outweighed by a decline in condominium sales handovers. Operating profit, however, rose 0.8% to ¥6,682 million, owing mainly to higher profit from the real estate leasing business.」

「Revenue from the real estate business rose 30.3% year on year to ¥25,343 million, owing to an increase in condominium sales handovers. Operating profit rose 79.1% to ¥3,666 million, owing to higher revenue.」

「Revenue from the real estate business rose 8.1% year on year to ¥96,696 million, owing to an increase in condominium sales handovers and recorded dividend income from a real estate fund. Operating profit rose 24.8% to ¥13,830 million, owing to higher revenue.」

「Revenue from the real estate business rose 17.5% year on year to ¥67,480 million, owing to an increase in condominium sales handovers. Operating profit rose 20.2% to ¥9,298 million, owing to higher revenue.」

「Revenue from the real estate business rose 26.6% year on year to ¥47,556 million, owing to an increase in condominium sales handovers. Operating profit rose 35.5% to ¥6,627 million, owing to higher revenue.」

「Revenue from the real estate business rose 2.8% year on year to ¥19,442 million, owing to higher parking usage in the leasing business and an increase in condominium sales handovers. Operating profit, however, declined 22.5% to ¥2,047 million because of the reversal of the prior-year impact of a bulk sale of subdivided land.」

「In the real estate leasing business, we promoted the development of attractive railway corridors and communities, including by opening the “μPLAT” station commercial facility at Jingu-mae Station and “meLiV” branded rental apartments at Jingu-mae Station and Kariya Station.」

「Revenue from the real estate business declined 11.3% year on year to ¥57,454 million, despite higher parking usage in the leasing business, owing to a decline in condominium sales handovers. Operating profit declined 19.0% to ¥7,737 million, owing to lower revenue from the real estate sales business.」

「Revenue from the real estate business declined 21.3% year on year to ¥37,553 million, despite higher parking usage in the leasing business, owing to a decline in condominium sales handovers. Operating profit declined 34.9% to ¥4,891 million, owing to lower revenue from the real estate sales business.」

「Revenue from the real estate business declined 35.4% year on year to ¥18,911 million, owing to a decline in condominium sales handovers. Operating profit declined 53.0% to ¥2,642 million, owing to lower revenue from the real estate sales business.」

「In the real estate leasing business, we promoted the development of attractive railway corridors and communities, including by opening “μPLAT” station commercial facilities at Osone Station and Meitetsu Ichinomiya Station (Phase I area), and renovating a company dormitory directly connected to Osato Station into rental apartments for the general public with an adjoining shared space.」

「Revenue from the real estate business declined 3.2% year on year to ¥64,803 million, despite higher revenue from condominium sales, owing mainly to lower parking usage in the real estate leasing business. Operating profit, however, rose 14.0% to ¥9,549 million, owing to higher revenue from condominium sales.」

「Revenue from the real estate business declined 2.7% year on year to ¥47,734 million, despite higher revenue from condominium sales, owing mainly to lower parking usage in the real estate leasing business. Operating profit, however, rose 18.0% to ¥7,510 million, owing to higher revenue from condominium sales.」

「Revenue from the real estate business rose 56.3% year on year to ¥29,269 million, owing to an increase in condominium sales handovers. Operating profit rose 152.8% to ¥5,617 million, owing to higher revenue from the real estate sales business.」

「In the real estate leasing business, we promoted the development of attractive communities and areas along the railway line, including by opening Phase II of the SAKUMACHI shopping district beneath the elevated tracks between Shimizu and Amagasaka stations. To strengthen our real estate management business in central Nagoya, we also participated in the station retail business at Fushimi Station on the Nagoya Municipal Subway and opened the Yorimachi FUSHIMI commercial facility.」

「Revenue from the real estate business rose 16.2% year on year to ¥66,939 million, owing to an increase in condominium sales handovers in the real estate sales business, as well as an increase in parking spaces and the consolidation of a tenant-building operator as a subsidiary in the real estate leasing business. Operating profit rose 17.3% to ¥8,374 million, owing to higher revenue.」

「Revenue from the real estate business rose 27.1% year on year to ¥49,042 million, owing to an increase in condominium sales handovers in the real estate sales business, as well as an increase in parking spaces and the consolidation of a tenant-building operator as a subsidiary in the real estate leasing business. Operating profit rose 40.0% to ¥6,366 million, owing to higher revenue.」

「Revenue from the real estate business declined 0.2% year on year to ¥18,730 million. Although the increase in parking spaces and the consolidation of a tenant-building operator as a subsidiary contributed revenue in the real estate leasing business, the overall result was weighed down by a decline in condominium sales handovers in the real estate sales business. Operating profit rose 7.8% to ¥2,221 million, owing to higher revenue from the real estate leasing business.」

「In the real estate leasing business, we promoted the development of attractive railway corridors and communities, including by opening “meLiV” branded rental apartments near Otagawa Station and Osone Station and “μPLAT” station commercial facilities at Konan Station and Tokoname Station.」

「Revenue from the real estate business declined 6.4% year on year to ¥57,626 million, and operating profit declined 6.8% to ¥7,138 million. Although the number of parking spaces increased and new rental properties contributed in the real estate leasing business, the overall result was weighed down by a decline in condominium sales handovers in the real estate sales business.」

「Revenue from the real estate business declined 10.2% year on year to ¥38,596 million, and operating profit declined 14.6% to ¥4,546 million. Although the number of parking spaces increased and new rental properties contributed in the real estate leasing business, the overall result was weighed down by a decline in condominium sales handovers in the real estate sales business.」

「Revenue from the real estate business declined 10.0% year on year to ¥18,777 million, and operating profit declined 19.2% to ¥2,060 million. Although the number of parking spaces increased and new rental properties contributed in the real estate leasing business, the overall result was weighed down by a decline in condominium sales handovers in the real estate sales business.」

「In the real estate leasing business, we worked to maintain high occupancy rates at our buildings in the Meieki district, where large office buildings are increasing, and opened the meLiV Hotta rental apartment building in front of Hotta Station in March. In addition, 名鉄協商㈱ acquired the parking business of BIKE O & COMPANY Ltd. in November last year and worked to expand the business mainly in the Kanto region.」

「Revenue from the real estate business was ¥59,270 million, up 7.5% year on year, as the number of parking spaces and total spaces under management increased and rental income from newly acquired properties contributed, while condominium handovers also increased in the real estate sales business. Operating profit rose 13.4% to ¥7,564 million, owing to higher revenue from the real estate leasing business.」

「Revenue from the real estate business was ¥41,434 million, up 6.3% year on year, as the number of parking spaces and total spaces under management increased in the real estate leasing business, including through the management and operation of a large municipal car park in Nagoya's Minato Ward from March, while rental income from newly acquired properties, including G4 BRICKS BLD. (G4 Bricks Building), a mixed-use building rebuilt and opened in Ginza, Chuo-ku, Tokyo, in November last year, also contributed. The increase in condominium handovers in the real estate sales business also contributed. Operating profit rose 10.9% to ¥5,255 million, owing to higher revenue from the real estate leasing business.」

「In the real estate leasing business, 名鉄協商㈱ worked to acquire new customers, including by beginning to manage and operate the car park at Global Gate, a mixed-use building in Nagoya's Sasashima Live 24 redevelopment district, in May.」

「In March, we opened meLiV Sakō, the second rental apartment under the meLiV brand, in front of Sakō Station on the Nagoya Main Line. We also renovated Inuyama Station West Building as the first project in an initiative to convert our properties along the railway line into design-focused rental properties, thereby promoting the effective use of assets and enhancing the value of communities along the line.」

「In the real estate leasing business, 名鉄協商㈱ established a Kanto branch in September last year to expand its parking business and other operations in the Kanto region, and worked to strengthen its sales capabilities.」

「In the real estate leasing business, 名鉄協商㈱ established its “Kanto Branch” in September to expand its parking business and other operations in the Kanto region, and worked to strengthen its sales capabilities.」

「In the real estate leasing business, 名鉄協商㈱ worked to expand its operations and raise awareness, including by opening Meitetsu Kyosho Parking Honjo Keisatsu Higashi in March, its first parking facility in Tokyo.」

「The company worked to improve profitability, including the completion in February of the new-brand rental apartment building meLiV Iwakura, which aims to provide a high-quality living environment.」