A Message from the Management

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President
K.Nishima

In the fiscal year ended March 31, 2025, the final year of the “Ninth Management Plan,” the Leasing segment—centered on office building leasing, which saw a market recovery—achieved significant increases in both revenue and profit, driving overall performance. Ordinary profit achieved a record high for the fourth consecutive year, while profit achieved a record high for the twelfth consecutive year.
As a result, the three-year cumulative results of the Ninth Management Plan exceeded those of the Eighth Plan in all of revenue from operations, operating income, ordinary profit, and profit—achieving new record highs in Management Plan performance.

In May 2023, we announced our basic policy of “Management Strategy for Sustainable Growth” and have been proactively reviewing and updating it to ensure steady progress toward sustainable growth. In the “Tenth Management Plan” announced in March 2025, we have set a new target of achieving 300 billion yen in ordinary profit by the fiscal year ending March 31, 2027—one year ahead of the original schedule—reflecting the steady recovery and improvement of our mainstay office building leasing business.
In addition, key projects for our future sustainable growth are making steady progress in and out of Japan. For example, “Roppongi 5-chome West Project,” one of the largest urban redevelopments in Japan, made significant progress through the approval by the Tokyo Metropolitan Government in March 2024. In Mumbai, India, we acquired a site in 2019 for the “BKC Project 1” (with a total floor area of approx. 40,000 tsubo), which is set to commence operations in the fall of 2026, with a major tenant already confirmed to move in at a rent equivalent to the prime buildings in central Tokyo. We will continue to actively invest in such concrete projects, viewing 300 billion yen in ordinary profit as a checkpoint, and will strive to expand our strong business platform with the aim of reaching an even higher milestone of 400 billion yen in ordinary profit.

Incorporating these elements, we have announced “Steady Progress of the ‘Management Strategy for Sustainable Growth,’ Strengthening of Shareholder Returns, and Promotion of Management System Reform” in May 2025. In this announcement, we are committed to accelerating the pace of annual dividend increase from 10 yen to 15 yen per year, and to achieving the target of “doubling the dividend to 100 yen per share” one year earlier to further enhance shareholder returns. We will further advance the reform of our management system, which we have been implementing in line with the Company’s growth.
We will continue steadily working on initiatives aimed at sustainable growth and enhancement of corporate value.

June 2025

President

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