Greeting
We extend our heartfelt condolences to those who lost their lives in the “Reiwa 6th Year Noto Peninsula Earthquake” that occurred on January 1, 2024. We also express our sincere sympathies to all those affected by the disaster.
We deeply appreciate the continued support from our stakeholders. Since our establishment, our mission has been to enrich the lives of our property buyers and contribute to society through real estate. Focusing primarily on Tokyo’s 23 wards and areas within a 10-minute walk from the nearest station, we have supplied our in-house brand of condominiums, the GENOVIA series, with a total of 163 buildings by the end of the previous fiscal year.
In the fiscal year ending October 2023, we obtained the necessary approvals and permits for our REIT business from Goodcom Asset Investment Advisory Co., Ltd and strengthened property acquisitions in the Tokyo metropolitan area and three surrounding prefectures.
Looking ahead to the fiscal year ending October 2024, we are committed to learning from the previous period, returning to our roots, and utilizing our unique sales channels extensively. This includes sales to individual investors both domestically and internationally, as well as sales to corporations on a single-building basis, with the aim of achieving outstanding performance.
Furthermore, we are in the process of forming a private fund with a scale of 10 billion yen, progressively advancing the composition of private funds. We plan to establish a private REIT in the future, expanding our stock business for stable revenue contributions.
As a group, we have set the long-term vision of creating a real estate company representing the 21st century by 2030. This vision is to be achieved by ranking among the top real estate companies by market capitalization and becoming a leader in the 21st century.
In pursuit of this vision, through the expansion of existing and new businesses, we aim for an annual growth rate of 30% to 40%, achieving a turnover of 600 billion yen and an operating profit of 60 billion yen by the fiscal year ending October 2030.
Particularly, we recognize the need for increased sales channels through the promotion of the REIT business and diversification of operations through M&A.
Furthermore, sustainability is essential for business expansion and enhancing corporate value. We believe that creating an environment where many employees resonate with our Purpose and Vision, allowing them to work energetically and confidently in the long term, is indispensable. We will continue to promote environmental initiatives. Additionally, by conducting business that addresses various environmental and social challenges, we are confident in achieving long-term growth. Actively promoting sustainability, we aim to sustainably grow and realize our vision of creating a real estate company representing the 21st century, meeting the expectations of our stakeholders.
We sincerely request your continued guidance and support.
January 2024
