Performance Review
In addition to steadily advancing our Group’s core business of real estate sale with condominium brands such as Le JADE and Grand Le JADE across the Kansai and Kanto regions, we are gradually diversifying with the acquisition of multiple commercial facility sites for development and, as new sectors, the acquisition of logistics facility sites and participation in land readjustment projects. Also focusing on developing hotels to meet recent inbound tourism demand, we have 17 projects totaling 2,118 guestrooms in Sapporo, Kanazawa, Tokyo, Osaka, and Fukuoka, and began two new ones this period. The result of this steady, assertive business expansion, our performance in FY2019 (ended December 2019), is shown below.
Millions of yen
| FY2019 | FY2018 | YoY (%) | |
| Net Sales | 72,106 | 54,325 | 32.7 |
| Operating Income | 12,912 | 11,561 | 11.7 |
| Ordinary Income | 11,810 | 10,498 | 12.5 |
| Net Profit | 8,155 | 7,226 | 12.9 |
Real Estate Sale
In FY2019, as a result of selling condominiums as well as real estate for sale and in progress, net sales were 66.710 billion yen and segment income was 13.802 billion yen.
Projects that mainly contributed to FY2019 performance
Condominium Sale
- Mirakita City Himeji
- Grand Le JADE Shonan Enoshima R134
- Grand Le JADE Takatsuki Tenjin
- Le JADE Minami-Ibaraki MUSE
- Le JADE Sumakaihin Koen
- Le JADE Takatsuki Kosobe
- Le JADE Shinkanaoka Park Fields
- Grand Le JADE Todoroki
- Le JADE Otsu LUXE
- Le JADE Hamaotsu
Disposal
- Chuo-ku Minamisenba I
- North Nagoya PareMarche Nishiharu
- Genboen, Koga-shi, Fukuoka Prefecture
- Chuo-ku Awajicho III
- Suginami-ku Shimotakaido
- Asumigaoka Brand New Mall
- K’s Denki Oyumino
- Nagahoribashi Station-front
- Chiyoda-ku Sanbancho
- Mitani, Nishi-ku, Kobe-shi
- Sakai-shi Daisen Nishi II
- Nishi-Shiroi Station-front
- Fukuoka Kasuga
Grand Le JADE Shonan Enoshima R134
Le JADE Shinkanaoka Park Fields
Chuo-ku Minamisenba I (hotel)
Grand Le JADE Takatsuki Tenjin
Sales starts in FY2019
- Le JADE Tsujido Higashi Kaigan
- Grand Le JADE Todoroki
- Le JADE Kotoen
- Le JADE Takatsuki Miyanocho
- Le JADE Ikeda Masumicho
- Le JADE Toyoda Master Hills
- Le JADE Nishinomiya Kitaguchi Hinokuchicho
- Le JADE Higashisumiyoshi Imagawa Ryokudo
- Le JADE Utsukushigaoka
- Grand Le JADE Shukugawa Residence
- Le JADE Nishi-Akashi
Grand Le JADE Todoroki
Grand Le JADE Shukugawa Residence
Le JADE Tsujido Higashi Kaigan
Real Estate Leasing
Focusing on property management and leasing activities to increase asset value such as raising rent from our income properties resulted in net sales of 5.022 billion yen and segment income of 3.001 billion yen.
Owned/occupied properties
- KoLuTeNa I (Nishi-ku, Sapporo-shi)
- Yamada Denki Sapporo Shiroishi Store (Shiroishi-ku, Sapporo-shi)
- Tsukuba Q’t/MOG (Tsukuba-shi, Ibaraki)
- Tsukuba Creo (Tsukuba-shi, Ibaraki)
- Soyoca Fujimino (Fujimino-shi, Saitama)
- Kakegawa-shi Minami 1-chome (Kakegawa-shi, Shizuoka)
- Kansai Medical University Kuzuha Hospital (Hirakata-shi, Osaka)
- AEON Minami-Senri (Suita-shi, Osaka)
- Daisennishi Sakai-ku Sakai-shi I (Sakai-shi, Osaka)
- LOGITRES Tojo (Kato-shi, Hyogo)
- Mukomotomachi Amagasaki-shi (Amagasaki-shi, Hyogo)
- Ikegami Nishi-ku Kobe-shi (Kobe-shi, Hyogo)
Tsukuba Q’t/MOG
Tsukuba Creo
LOGITRES Tojo
Soyoca Fujimino
Positioned as steady income projects, these will continue to contribute to increasing asset value and income.
Real Estate Planning, Brokerage, and Consultation
Capitalizing upon our planning and multifaceted business development capabilities to proactively take on planning and consulting work resulted in net sales of 372 million yen and segment income of 286 million yen. Going forward, we will focus on maximizing inter-business synergy by leveraging our strengths in planning and information-gathering to step up fee-based business like real estate planning, brokerage, and consultation.