Sansei Landic Co.,Ltd (3277) Stock Price

Market cap
¥11.7B
P/E ratio
8.3x
Sunsei Landick buys properties with complex ownership rights, resolves legal issues to increase their value, then resells them to buyers and leaseholders.

Price and Volume

Market Cap

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PER

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PER.

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PBR

Business Overview

Sunsei Landick primarily operates a real estate sales business, focusing on work related to land subject to the old Leasehold Law and House Leasehold Law. The company purchases properties whose use is restricted due to multiple rights holders, adjusts these rights to increase property value, and then sells them.

Sunsei Landick's real estate sales business is divided into three main categories: "leasehold land," "turnkey properties," and "full ownership." Leasehold land refers to land with leasehold rights attached; Sunsei Landick purchases such land, adjusts the rights, and then sells it to the leaseholder. Turnkey properties include aging buildings; the company negotiates with occupants to acquire full ownership rights and then sells the property.

Additionally, Sunsei Landick provides a service called "Owners Partner," which handles land rent collection and contract renewal procedures on behalf of landowners. This reduces the management burden on landowners and supports the effective utilization of leasehold land. The company operates eight sales offices nationwide and actively expands its business.

Management Policy

Sunsei Landick aims for sustainable growth amid rapidly changing business conditions, guided by its mission to "become a pioneer connecting people's futures." The company is committed to breaking conventional real estate concepts, earnestly addressing social issues, and remaining a provider of prosperity.

Under its medium-term management plan (fiscal year 2024–2027), the company seeks to expand businesses that address social challenges while balancing profitability and efficiency. It focuses primarily on strengthening its land lease and vacant property businesses and expanding derivative operations, with the goal of improving PBR as it pursues growth.

Sunsei Landick is reinforcing existing operations and enhancing competitive advantage through organizational strengthening and improved evaluation methods. It is also expanding derivative businesses and regional revitalization initiatives, developing operations rooted in local communities. This approach supports stable, long-term growth.

To strengthen its management foundation, the company is advancing financial and human capital reinforcement. It is exploring diverse funding methods, including crowdfunding, and implementing new personnel systems to improve employee engagement. It is also promoting branding strategy through strengthened IR and PR activities.

Regarding profit returns, the company prioritizes shareholder returns as a key management priority, implementing continuous and stable dividends while improving profitability. It addresses sustainability-related risks and opportunities and advances social welfare support activities. The company also focuses on employee returns, improving workplace conditions and enhancing compensation and bonuses.

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