KOSE R.E. Co.,Ltd. (3246) Stock Price

Kose R.E. Co., Ltd. operates four main business segments alongside three consolidated subsidiaries. These segments are family apartment sales, investment-purpose apartment sales, real estate rental management, and building maintenance.

In family apartment sales, the company operates primarily in the Fukuoka metropolitan area, as well as in major cities across the Kanto region and throughout Kyushu. The investment-purpose apartment sales segment focuses on central Fukuoka, where rental demand is high, and handles planning, development, and sales of the "Grand Foret" series.

Family apartment sales also include sales of single-family homes and pre-owned family apartments. Investment-purpose apartment sales similarly include sales of pre-owned investment-purpose apartments.

In real estate rental management, the company undertakes rental management of investment-purpose apartments it has sold and operates rental business for company-owned buildings. This generates direct rental income.

Building maintenance operations are primarily handled by R. Maintenance Co., Ltd., which provides after-sales services including management operations, inspections, and maintenance for apartments supplied in the Fukuoka metropolitan area.

Kose R.E. Co., Ltd. has formulated a medium-term management plan for 2024 through 2026, targeting steady growth. The plan prioritizes maintaining appropriate profit levels while continuously supplying high-value residential apartments. In particular, the company will carefully source family apartments in Kyushu and the Greater Tokyo Area, while advancing highly profitable projects.

For investment-oriented apartments, the company will strengthen sales capabilities to respond to diversified product offerings and implement sales operations that prioritize customer interests. This aims to expand the customer base over the long term and enhance brand value. Additionally, in the real estate rental management business, the company will work to increase managed units and reduce vacancy rates, establishing a stable revenue foundation.

In the building maintenance business, the company will increase construction contract projects and strengthen personnel to accommodate growth in managed properties. This targets improved service quality and securing appropriate management fees. Furthermore, the company will enhance shareholder value through effective use of equity capital and advance corporate governance reforms to realize flexible and sustainable management.

Kose R.E. will strengthen sustainable human capital management by developing flexible management personnel capable of responding to significant environmental changes and improving employee satisfaction. Through these efforts, the company will boldly pursue opportunities as a comprehensive real estate business and sustain corporate growth.