Securing stable real estate income and expanding earnings

「The leasing business posted higher revenue owing to the inclusion of a real estate-related company in the consolidation in the previous fiscal year, but lower profit owing to higher repair expenses.」

「On 7 January 2026, the Company acquired all shares of ㈱水島商事, ㈲林間商事 and ㈱エムエス企画, making each company a consolidated subsidiary of the Company.」

「In the condominium and detached-home sales business, revenue increased as we promoted detached-home sales mainly in the Shonan area and the number of homes sold increased.」

「In the leasing business, we opened new rental facilities, but revenue declined due to rent reductions for some tenants. In the housing development business, we promoted detached-home sales, mainly in the Shonan area, and revenue increased as the number of homes sold rose.」

「We will expand the real estate business and rebuild our business portfolio, including through focused investment in real estate-related areas.」

「In the leasing business, revenue increased as “Shin-Nakahon Fujisawa Logistics Center” and “Adbell Akashicho Building,” which began leasing in the previous fiscal year, contributed for the full year, among other factors.」

「In the leasing business, revenue increased as occupancy rose following the acquisition of new tenants at Sagamihara Chuo Building.」

「In the leasing business, revenue increased as occupancy rose following the acquisition of new tenants at Sagamihara Chuo Building. In the housing development business, we sold out “Premist Shonan Tsujido” in Hatori, Fujisawa, developed jointly with a condominium developer, as well as the residential lots in Izumi Ward, Yokohama, but revenue declined due to a decrease in the number of units planned for new developments.」

「In the property-for-sale business, the company sold out Premist Shonan Tsujido in Hatori, Fujisawa, a condominium joint development with a developer, and residential land in Izumi Ward, Yokohama. However, revenue declined due to a decrease in the planned number of detached homes to be sold.」

「Continuing from the previous fiscal year, sales of a new district at Premist Shonan Tsujido in Hatori, Fujisawa, a condominium joint development with a developer, progressed favorably. Revenue also increased due to sales of SkyGrand Isehara Yawata-dai, a new detached-home development in Yawata-dai, Isehara, and residential land in Izumi Ward, Yokohama, among other factors.」

「In the property-for-sale business, sales of a new district at Premist Shonan Tsujido in Hatori, Fujisawa, a condominium joint development with a developer, progressed favorably, continuing from the previous fiscal year. Revenue also increased as the company conducted detached-home and residential land sales in Tsuzuki Ward, Yokohama, and elsewhere. In the rental business, although the company promoted new tenant attraction and worked to maintain high occupancy rates, revenue declined due to rent reductions by certain tenants affected by COVID-19.」

「Continuing from the previous fiscal year, the company promoted detached-home and residential land sales in Kanagawa Prefecture and Tokyo, including selling out Leafia Residence Isehara in Sakuradai, Isehara, through a condominium joint development with a developer, continuing sales of Premist Shonan Tsujido in Hatori, Fujisawa, and newly beginning residential land sales in Edaminami, Tsuzuki Ward, Yokohama.」

「To acquire customers, the company conducted promotional activities in response to the COVID-19 pandemic, including making property viewings available by appointment only to prevent customers from contracting COVID-19. However, revenue declined because restrictions on activities such as visits and face-to-face sales prevented the company from reaching its planned number of sales. In the rental business, although the company attracted tenants to vacant properties to maintain high occupancy rates, revenue declined due to rent reductions and cancellations by existing tenants affected by COVID-19.」

「To acquire customers, the company conducted promotional activities in response to the COVID-19 pandemic, including making property viewings available by appointment only to alleviate visitors’ concerns about contracting COVID-19. The number of units sold was maintained at almost the same level as in the previous fiscal year, and revenue increased due to higher brokerage commissions.」

「In the property-for-sale business, the company continued sales of Leafia Residence Isehara in Sakuradai, Isehara, and Premist Shonan Tsujido in Hatori, Fujisawa, as condominium joint developments with developers. It also continued broad-based property development, including properties in Tokyo in addition to Kanagawa Prefecture, newly began detached-home sales in Tsuzuki Ward, Yokohama, and conducted detached-home sales in Murota, Chigasaki, and residential land sales in Hishinuma, Chigasaki, resulting in higher revenue.」

「In the property-for-sale business, the company continued sales of Leafia Residence Isehara in Sakuradai, Isehara, and Premist Shonan Tsujido in Hatori, Fujisawa, as condominium joint developments with developers. It also continued broad-based property development, including properties in Tokyo in addition to Kanagawa Prefecture, and revenue increased due to progress in sales of detached homes in Murota, Chigasaki, and residential land in Hishinuma, Chigasaki, among other factors.」

「In the property-for-sale business, the company continued sales of Leafia Residence Isehara in Sakuradai, Isehara, and Premist Shonan Tsujido in Hatori, Fujisawa, as condominium joint developments with developers. It also advanced sales of detached homes in Murota, Chigasaki, and Sachigaoka, Asahi Ward, Yokohama, and residential land in Hishinuma, Chigasaki, but revenue declined due to a decrease in the number of detached homes sold compared with the previous fiscal year. In the rental business, revenue increased as rental income from Hiratsuka City Sengamacho Rental Property, for which leasing began in the previous fiscal year, and Konan-Chuo Building, which welcomed a new tenant, contributed for the full fiscal year.」

「In the rental business, revenue increased as rental income from Atsugi Daiichi Building and Sagamiono Building, which welcomed new tenants in the previous consolidated fiscal year, contributed for the full fiscal year. In addition, Konan-Chuo Building welcomed a new tenant in September, and leasing of the newly acquired Hiratsuka City Sengamacho Rental Property began in January 2019.」

「In the property-for-sale business, all detached homes launched in May in Yokodai, Isogo Ward, Yokohama, were sold, and advertising activities began ahead of the launch of sales of new detached homes in Murota, Chigasaki, and Sachigaoka, Asahi Ward, Yokohama. Revenue also increased as sales of Leafia Residence Isehara, a condominium joint development with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd. in Sakuradai, Isehara, continued from the previous fiscal year. In addition, sales of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation, progressed. In the rental business, in addition to rental income from Atsugi Daiichi Building, which welcomed a new tenant in the previous fiscal year, contributing for the full fiscal year, the company pursued proactive tenant attraction activities and began leasing to a new tenant at Konan-Chuo Building in September, resulting in higher revenue.」

「In the property-for-sale business, revenue increased as all detached homes launched in May in Yokodai, Isogo Ward, Yokohama, were sold, and sales of Leafia Residence Isehara, a condominium joint development with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd. in Sakuradai, Isehara, continued from the previous fiscal year. The company also continued sales of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation. In the rental business, in addition to rental income from Atsugi Daiichi Building, which welcomed a new tenant in the previous fiscal year, contributing for the full fiscal year, the company pursued proactive tenant attraction activities and began leasing to a new tenant at Konan-Chuo Building in September.」

「In the property-for-sale business, revenue increased as detached-home sales newly began in May in Yokodai, Isogo Ward, Yokohama, and sales of Leafia Residence Isehara, a condominium joint development with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd. in Sakuradai, Isehara, continued from the previous fiscal year. The company also continued sales of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation.」

「In the property-for-sale business, the company sold all units of Crevia Totsuka, a newly built condominium project for sale in Totsuka Ward, Yokohama, which had been developed jointly with Itochu Urban Development Co., Ltd. It also continued sales of Leafia Residence Isehara in Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd., and began sales in December of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation. However, revenue declined because the residential land that had been sold previously was sold out in the previous fiscal year. In the rental business, revenue increased as rental income from Super Hotel Totsuka Station East Exit, which opened in the previous fiscal year, contributed for the full fiscal year, and occupancy rates at existing properties improved as a result of proactive tenant attraction activities.」

「In the property-for-sale business, the company sold all units of Crevia Totsuka, a newly built condominium project for sale in Totsuka Ward, Yokohama, which had been developed jointly with Itochu Urban Development Co., Ltd. It also continued sales of Leafia Residence Isehara in Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd., and conducted advertising activities, including opening a model room in September, ahead of the launch of sales in November of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation.」

「In the property-for-sale business, the company continued sales of Crevia Totsuka, a newly built condominium project for sale in Totsuka Ward, Yokohama, being developed jointly with Itochu Urban Development Co., Ltd., from the previous fiscal year. It also continued sales of Leafia Residence Isehara in Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd., and conducted advertising activities ahead of the launch of sales of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation.」

「The company continued sales of Leafia Residence Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd., with a total of 147 units. It also began advertising activities ahead of sales of Premist Shonan Tsujido, a large-scale condominium joint development with a total of 914 units in Hatori, Fujisawa, being developed jointly with DAIWA HOUSE INDUSTRY CO.,LTD. and HASEKO Corporation.」

「In the property-for-sale business, revenue increased as all 4 residential land lots launched in May in Oba, Fujisawa, were sold. Sales of Crevia Totsuka, a newly built condominium project for sale being developed jointly with Itochu Urban Development Co., Ltd., also progressed steadily. In addition, sales of Leafia Residence Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd., began in November. A dedicated website was launched in December ahead of the start of sales of 6 spec-built homes in Endo, Fujisawa.」

「In the property-for-sale business, revenue increased as sales progressed steadily in Megumigaoka, Hiratsuka, and Oba, Fujisawa, where new residential land sales began in May. Sales of Crevia Totsuka, a newly built condominium project for sale being developed jointly with Itochu Urban Development Co., Ltd., also progressed steadily, while a model room was opened in September ahead of the launch of sales of Leafia Residence Isehara, being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd. In the rental business, Super Hotel Totsuka Station East Exit opened in July and began operations as a new rental facility. In addition, revenue from electricity sales at solar power plants in Kanegasaki, Iwate Prefecture, which began operations in August and September of the previous year, contributed for the full fiscal year. However, revenue declined following the termination of the master lease for Atsugi Daiichi Building.」

「In the property-for-sale business, revenue increased as residential land sales progressed steadily in Megumigaoka, Hiratsuka, and as new residential land sales began in May in Oba, Fujisawa. Sales of Crevia Totsuka, a newly built condominium project for sale being developed jointly with Itochu Urban Development Co., Ltd., also progressed steadily. In addition, preparations were advanced for sales of Leafia Residence Isehara (tentative name), being developed jointly with Odakyu Real Estate Co., Ltd. and Secom Home Life Co., Ltd. In the rental business, construction of Super Hotel Totsuka Station East Exit progressed and initiatives to expand revenue were promoted. The company also worked to maintain high occupancy rates at existing rental properties through proactive tenant attraction activities, but revenue declined following the termination of the master lease for Atsugi Daiichi Building.」

「The company maintained high occupancy rates at existing rental properties and secured stable revenue through proactive tenant attraction activities. It also newly promoted the acquisition of real estate for sale and the joint development of condominiums.」