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 eight new ones this period. The result of this steady, assertive business expansion, our performance in FY2018 (ended December 2018), is shown below.
Millions of yen
| FY2018 | FY2017 | YoY (%) | |
| Net Sales | 53,900 | 44,724 | 20.5 |
| Operating Income | 11,500 | 7,042 | 63.3 |
| Ordinary Income | 10,450 | 5,988 | 74.5 |
| Net Profit | 7,226 | 5,456 | 32.4 |
Real Estate Sale
In FY2018, as a result of selling condominiums as well as real estate for sale and in progress, net sales were 50,519 billion yen and segment income was 12,341 billion yen.
Projects that mainly contributed to FY2018 performance
Condominium Sale
- Feel Garden Minami-Senri
- Le JADE Southern Gate Toyoda
- Le JADE Kawasaki
- Le JADE Minamimorimachi
- Grand Le JADE Okamoto
- Le JADE Nagaokakyo
- Grand Le JADE Shibuya Tomigaya
- Grand Le JADE Jiyugaoka
- Le JADE Nakano
- Le JADE Bio Funabashi Kitanarashino
Disposal
- Hayabusacho, Chiyoda-ku
- Kitakyuhojimachi, Chuo-ku
- Chuo-ku Awajicho I
- Chuo-ku Awajicho II
- Tsurunocho, Kita-ku, Osaka-shi
- Horikawa Shinmachi, Kanazawa-shi
- Wakamatsucho 31, Shinjuku-ku
- Chuo-ku Minamisenba III
- 5-chome Sendagaya, Shibuya-ku
- Fukuoka Kasuga
Le JADE Kawasaki
Grand Le JADE Shibuya Tomigaya
Kitakyuhojimachi, Chuo-ku (hotel)
Sales starts in FY2018
- 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
- Le JADE Bio Funabashi Kitanarashino
- Le JADE Suma Kaihin-koen
- Le JADE Shinkanaoka Park Fields
- Le JADE Kuzuha
- Le JADE Otsu LUXE
- Le JADE Hamaotsu
- Le JADE Minami-Ibaraki MUSE
Le JADE Bio Funabashi Kitanarashino
Grand Le JADE Takatsuki Tenjin
Le JADE Otsu LUXE
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 3.4 billion yen and segment income of 2.128 billion yen.
Owned/occupied properties
- Leased land of Yamada Denki Sapporo Shiroishi Store (Sapporo-shi, Hokkaido)
- Tsukuba Q’t/MOG (Tsukuba-shi, Ibaraki)
- Soyoca Fujimino (Fujimino-shi, Saitama)
- Kakegawa-shi Minami 1-chome Project (Kakegawa-shi, Shizuoka)
- tonarie Toga-Mikita Project (Sakai-shi, Osaka)
- Daisennishimachi Sakai-ku Sakai-shi Project (Sakai-shi, Osaka)
- AEON Minami-Senri (Suita-shi, Osaka)
- Kansai Medical University Kuzuha Hospital (Hirakata-shi, Osaka)
- Uchiage Takatsukacho Neyagawa-shi Project (Neyagawa-shi, Osaka)
- tonarie Yamato-Takada (Yamato-Takada-shi, Nara)
- Tatsutanishi Ikarugacho Ikoma-gun Project (Ikoma-gun, Nara)
- Kamiuenocho Muko-shi Project (Muko-shi, Kyoto)
- Kobunakicho Omihachiman-shi Project (Omihachiman-shi, Shiga)
- Ikegami Nishi-ku Kobe-shi Project (Kobe-shi, Hyogo)
- Mukomotomachi Amagasaki-shi Project (Amagasaki-shi, Hyogo)
- Hyogo Tojo Interpark logistics facility (Kato-shi, Hyogo)
tonarie Yamato-Takada
tonarie Toga-Mikita Project
Tsukuba Q’t/MOG
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 405 million yen and segment income of 369 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.