WADAKOHSAN CORPORATION (8931) Stock Price

Wada Sangyo operates real estate business primarily in Kobe, Hyogo Prefecture and surrounding areas, as well as Osaka Prefecture under the brand name "Wacore." The company's business is divided into two main segments: real estate sales and rental and other operations.

In real estate sales, Wada Sangyo focuses primarily on the development, planning, and sales of condominiums. Since 1991, the company has operated under the "Wacore" brand, focusing on mid-sized condominiums and has supplied 572 buildings with 22,377 units in cities including Kobe and Osaka. The company emphasizes designer condominium development and quality-focused construction.

The company also sells single-family homes, leveraging its design expertise and planning capabilities to undertake small-scale developments primarily in Kobe and Akashi. In other real estate sales, it sells small-scale investment properties and land parcels to maximize the utilization of its owned properties.

In rental and other operations, Wada Sangyo develops rental apartments in Kobe and the Hanshin area. Prioritizing transportation convenience, the company offers distinctive properties such as pet-friendly and designer apartments. As of the end of February 2025, the company owns 106 buildings with 2,170 units, with an occupancy rate of 96.96%.

The rental apartment series include "Wacore Series and others," "VITA Series," "I.C. Series," "Excide Series," and "La Maison Series," each featuring design and functionality. Additionally, the company rents retail spaces, offices, parking lots, storage units, and multipurpose halls.

Wada Sangyo records cancellation deposit income and insurance agency commission income generated from its business operations as other income. This approach supports business diversification and revenue stabilization.

Wada Kogyo operates real estate businesses centered in Kobe, Akashi, and the Hanshin region, with "coexistence with local communities" as its core corporate philosophy. The company pursues stable management by responding quickly to changes in the business environment and implementing forward-looking management strategies and business portfolio development.

Under its medium-term management plan (fiscal 2024–2026), the company envisions becoming a "comprehensive real estate business rooted in local communities" and aims for sustainable growth. In its core condominium sales business, the company leverages its local expertise by focusing on conveniently located developments and expanding its service areas in surrounding regions.

Wada Kogyo is also expanding its offerings with diverse plans to meet customers' varied lifestyles. Additionally, the company is diversifying its exit strategies through development of small-scale investment properties and senior care facilities, as well as participation in urban redevelopment projects led by local governments.

In its rental business, the company maintains occupancy rates through strengthened sales capabilities and appropriate property management. As new business initiatives, the company is expanding its business scope through battery storage facility development and strengthened partnerships with condominium management companies, creating new revenue opportunities.

Wada Kogyo is strengthening corporate governance and fostering appropriate collaboration with shareholders and stakeholders. On the financial front, the company is stabilizing funding through strong relationships with financial institutions and diversifying its financing methods. Through these strategies, the company aims to establish itself as a locally rooted real estate business and achieve sustainable growth.