World Trade Center Building, Inc. (E03889) Stock Price

**World Trade Center Building Business Overview**

World Trade Center Building is a real estate company with commercial building leasing as its core business. The company leases buildings it owns to corporate tenants and operates a building management contract business centered on the comprehensive management of ThinkPark Tower. Working in coordination with its subsidiary, Trade Building Services Inc., the company operates by outsourcing certain building management tasks to this subsidiary.

The company's revenue is primarily generated from rental income from its building leasing business. By securing stable rental payments from tenant companies, it has built a continuous revenue base. Additionally, through its building management contract business, the company generates management fee revenue by undertaking management operations for external building owners.

The company's business is divided into three main segments. The building leasing business handles rentals of company-owned commercial buildings, while the building management contract business provides comprehensive management services centered on ThinkPark Tower. As a secondary business, the company also operates and manages ancillary facilities related to these operations, delivering comprehensive real estate services through a division of roles with its subsidiary.

World Trade Center Building is executing a solid growth strategy in its core building leasing business. The company maintains high occupancy rates across two major properties: the World Trade Center Building and ThinkPark Tower. Going forward, the company has set maintaining occupancy rates and improving rental rates as key priorities. While anchoring operations on stable rental income, the company is clearly committed to enhancing profitability.

In building management services, the company is prioritizing investment in talent acquisition and operational efficiency. To address the industry-wide labor shortage challenge, the company is actively recruiting personnel while differentiating itself through more efficient operational structures. In this segment, the company achieves competitive differentiation by providing specialized, high-quality services centered on comprehensive management of ThinkPark Tower.

In other business segments, the company is advancing diversified expansion plans. In the wedding business, it is working to strengthen customer service and revise marketing strategies for turnaround. In the conference business, it aims to increase bookings through new customer acquisition. In the observation deck business, it is strengthening tourist attraction efforts, while in the parking and bus terminal business, it is pursuing revenue growth through cost reduction. The company is deploying strategies tailored to the characteristics of each business.

The company's most significant technological innovation initiative is the redevelopment project of the current World Trade Center Building. Positioned as a central project within the Urban Renaissance Special District, construction of the new World Trade Center Building South Tower commenced in September of last year. Through this large-scale redevelopment project, the company aims to transition to a next-generation office building and strengthen long-term competitiveness.