Escon Japan

Investor Relations

ES-CON Japan is a life developer that builds the settings of people’s futures, bringing ideals into reality and the future of Japan to life.

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 15 projects totaling 1,963 guestrooms in Sapporo, Kanazawa, Tokyo, and Osaka, and began four new ones this period. The result of this steady, assertive business expansion, our performance in FY2017 (ended December 2017), is shown below.

Millions of yen

FY2017 FY2016 YoY (%)
Net Sales 44,724 34,347 30.2
Operating Income 7,042 4,680 50.5
Ordinary Income 5,988 3,575 67.5
Net Profit 5,456 3,936 38.6

Real Estate Sale

In FY2017, as a result of selling condominiums as well as real estate for sale and in progress, net sales were 41.168 billion yen and segment income was 7.978 billion yen.

Condominium Sale

- Le JADE Sakurajosui Tiara
- Le JADE Takatsuki The Marks
- Le JADE Yokohama Hananoki
- Le JADE Takatsuki Cross
- Le JADE Otsu Nagisa-koen
- Le JADE Fushimi Chushojima
- Le JADE Komagome
- Le JADE Vert Komagome
- Grand Le JADE Wakamatsucho Residence

Disposal

- tonarie Minamisenri
- tonarie Seiwadai
- Nihonbashi-kayabacho
- Minami 7-jo, Chuo-ku, Sapporo-shi
- Oimatsucho, Kurashiki-shi
- Oyamamachi, Kanazawa-shi
- Hiranomachi, Chuo-ku
- Nihonbashi-bakurocho
- Kitatsumori, Nishinari-ku
- Honkomagome, Bunkyo-ku
- 2-chome Kawaguchi, Nishi-ku
- Fukuoka Kasuga
- 5-chome Sendagaya, Shibuya-ku
- Fukuoka Kasuga District 7

Le JADE Takatsuki Cross

Le JADE Takatsuki Cross

Grand Le JADE Okamoto・Oyamamachi, Kanazawa-shi (hotel)

Grand Le JADE Okamoto

Oyamamachi, Kanazawa-shi (hotel)

Sales starts in FY2017

- Le JADE Southern Gate Toyoda
- Le JADE Kawasaki
- Le JADE Minamimorimachi
- Mirakita City Himeji
- Grand Le JADE Okamoto
- Grand Le JADE Ochanomizu
- Le JADE Takatsuki Kosobe
- Grand Le JADE Takatsuki Tenjin
- Le JADE Nagaokakyo
- Grand Le JADE Jiyugaoka
- Grand Le JADE Shonan Enoshima R134
- Le JADE Nakano
- Grand Le JADE Sanbancho
- Le JADE Bio Funabashi Kitanarashino

Le JADE Kawasaki

Le JADE Kawasaki

Grand Le JADE Shonan Enoshima R134・Le JADE Minamimorimachi

Grand Le JADE Shonan Enoshima R134

Le JADE Minamimorimachi

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 3.459 billion yen and segment income of 1.761 billion yen.

Owned/occupied properties

- Oak Town Yamato-Takada (tonarie Yamato-Takada Development Project)
- Kansai Medical University Kuzuha Hospital
- Asumigaoka Brand-New Mall
- Soyoca Fujimino
- Pare Marche Nishiharu
- Hyogo Tojo Interpark
- Shiroi-shi Chiba Retail Project
- Daisennishi Sakai-ku Sakai-shi Retail II Project
- Kobunakicho Omihachiman-shi Project
- Toga-Mikita Station Retail Development Project
- Kamiuenocho Muko-shi Kyoto Retail Development Project
- Oyumino Midori-ku Chiba-shi Chiba Project

tonarie Yamato-Takada Development Project / Soyoka Fujimino

tonarie Yamato-Takada Development Project

Soyoca Fujimino

Hyogo Tojo Interpark / Kansai Medical University Kuzuha Hospital

Hyogo Tojo Interpark

Kansai Medical University Kuzuha Hospital

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 96 million yen and segment income of 85 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.