Investor Relations

Brokerage

History
Sumitomo Real Estate Sales Co., Ltd. was established in 1975 to conduct sales of condominiums developed by Sumitomo Realty. After entering the real estate brokerage sector in 1979, Sumitomo Real Estate Sales achieved significant success.
We are strengthening our sales network to further increase our market share.

Basic Growth Strategy

Strengthening our business platform by further expanding our network and pursuing closer ties between existing offices and their local communities

Overview of the Fiscal Year

The number of sales contracts concluded in the Tokyo metropolitan area in the existing home market remained steady and average contract prices continued to rise.
In this environment, the segment recorded a 2.6% increase in the number of transactions, to 37,058 units, led by existing-home sale transactions, reaching a record high for the third consecutive year. In addition, rising transaction values, especially in central Tokyo, contributed to segment earnings growth as the total transaction value rose to ¥1,257.5 billion, topping ¥1 trillion for a fourth consecutive year and reaching a new high.
As a result, the segment maintained revenue growth for a ninth consecutive year and profit growth for a third consecutive year, bringing about record-high revenue from operations and operating income.
With the addition of six directly operated offices during the fiscal year, the network had a total of 266 offices nationwide as of March 31, 2018.

Outlook

In the March 2019 fiscal year, our brokerage operations will continue to open new offices and upgrade existing offices, while at the same time striving to raise marketing efficiency, with the aim of achieving a record-high number of brokerage transactions and growth in revenue and profit.
As a result, we are forecasting a 1.2% increase in revenue from operations, to ¥70.0 billion, with a 2.5% rise in operating income, to ¥22.0 billion, for the March 2019 fiscal year.