Performance Review
ES-CON JAPAN Group is proceeding with sales of for-sale condominiums mainly in the Tokyo metropolitan area and Kansai region under the brand names of “Le JADE” and “Grand Le JADE” in the real estate sales business, its core business, as well as steadily promoting its businesses including the development and sales of multiple commercial facilities and leasehold land of commercial facilities as well as logistics facilities despite being impacted by the spread of COVID-19.
Furthermore, by positioning the Chubu region as a core business area comparable to the Tokyo metropolitan area and the Kansai region, ES-CON JAPAN established a Nagoya branch in March 2019. Since then, it has acquired land for multiple new projects and launched a joint project with Chuden Real Estate Co., Inc., a wholly owned subsidiary of Chubu Electric Power Co., Inc. In addition, with an aim to develop multifaceted businesses not only in Fukuoka Prefecture but also across the entire Kyushu region in the future, ES-CON JAPAN changed the name of its Fukuoka Branch Office to “Kyushu Branch Office” and is promoting diversification of businesses including the acquisition of land for the condominium sales business for the first time in the Kyushu area and a commercial facility “Suroy Mall Nagamine.”
As a result, the following business performance for the fiscal year ended December 2020 has been achieved.
Millions of yen
| FY2020 | FY2019 | YoY (%) | |
| Net Sales | 77,308 | 72,106 | 7.2 |
| Operating Income | 12,202 | 12,912 | -5.5 |
| Ordinary Income | 11,164 | 11,810 | -5.5 |
| Profit attributable to owners of parent | 7,663 | 8,155 | -6.0 |
Real Estate Sale
In the fiscal year ended December 2020, the promotion of sales of for-sale condominiums and sales of real estate for sale and real estate for sale in process resulted in net sales of 71,485 million yen and segment income of 14,257 million yen.
Projects that mainly contributed to FY2020 performance
Condominium Sale
- Mirakita City Himeji
- Grand Le JADE Shonan Enoshima R134
- Le JADE Minami-Ibaraki MUSE
- Grand Le JADE Todoroki
- Le JADE Hamaotsu
- Grand Le JADE Jiyugaoka
- Le JADE Tsujido Higashi Kaigan
- Le JADE Toyoda Master Hills
- Le JADE Kotoen
- Le JADE Kuzuha
- Le JADE Higashisumiyoshi Imagawa Ryokudo
- Le JADE Takatsuki Miyanocho
- Le JADE Ikeda Masumicho
- Le JADE Nishinomiya Kitaguchi Hinokuchicho
- Grand Le JADE Shukugawa Residence
- Le JADE Utsukushigaoka
- Le JADE Okurayama
- Le JADE Morinomiya
Disposal
- tonarie Yamatotakada
- LOGITRES Tojo
- tonarie Toga-Mikita
- Minami-Otsuka, Toshima-ku
- Commercial leasehold land in Sakai-shi
- Daikyocho, Shinjuku-ku
- Detached houses for sale
- Matsubara, Setagaya-ku
- Honjo-Nishi, Kita-ku
- Commercial leasehold land in Omihachiman-shi
- Commercial leasehold land in Ikoma-gun
- Commercial leasehold land in Muko-shi
- Genboen, Koga-shi,
Grand Le JADE Shukugawa Residence
Le JADE Okurayama
tonarie Yamatotakada
LOGITRES Tojo
Sales starts in FY2020
- Le JADE Morinomiya
- Le JADE Okurayama
- Le JADE Yamatotakada Ekimae
- Le JADE Sumamyohoji Ekimae
- Le JADE Mukonosohonmachi
- Le JADE Nagai Koen-Dori
- Le JADE Senri Aoyamadai
- Le JADE Senri Furuedai
- Le JADE City Hyotanyama
- Le JADE Tennoji Katsuyama
- Le JADE Neyagawa Koen
Le JADE Yamatotakada Ekimae
Le JADE Senri Furuedai
Le JADE City Hyotanyama
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 5,527 million yen and segment income of 2,381 million 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)
- Mukomotomachi Amagasaki-shi (Amagasaki-shi, Hyogo)
- Ikegami Nishi-ku Kobe-shi (Kobe-shi, Hyogo)
- Oh!Me Otsu Terrace (Otsu-shi, Shiga)
- tonarie Utsunomiya (Utsunomiya-shi, Tochigi)
- Lions Square Kawaguchi (Kawaguchi-shi, Saitama)
- Suroy Mall Nagamine (Kumamoto-shi, Kumamoto)
Tsukuba Q’t/MOG
Tsukuba Creo
Soyoca Fujimino
tonarie Utsunomiya
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 295 million yen and segment income of 152 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.