(3245) Stock Price

Dear Life is a company that specializes in real estate development, investment, and management, while also operating and owning hotels and providing brokerage and solution services. The company focuses on planning and developing urban residences primarily in metropolitan areas and increasing the value of income-generating properties, offering a wide range of real estate services.

The company's primary customers are diverse, including real estate companies, corporate entities, real estate investment funds, REITs, individual investors, and property owners. Revenue comes from sales of developed properties, rental income, management and operation fees, hotel operations revenue, brokerage commissions, as well as income from personnel dispatch services and outsourced operations.

The company divides its business into two segments: "Real Estate Business" and "Sales Promotion Business." In the Real Estate Business, it develops rental apartments for single occupants and dual-income households, develops land for development potential, enhances the value of existing properties, and operates hotels and brokerage services. In the Sales Promotion Business, it provides sales support for model rooms and leasing sites, outbound sales and call center services for the insurance and financial industries, personnel dispatch services, and associated training and compliance education.

Based on its medium-term management plan "Challenge 2025 ~ Catch the Wave ~," the company aims to achieve stable business growth and enhanced corporate value, not merely expansion in scale. For the fiscal year ending September 2028, the company has set targets of consolidated ordinary income of 15 billion yen, ROE (return on equity) of 20% or higher, ROIC (return on invested capital) of approximately 12%, and equity ratio of 40% or higher, pursuing both sustainable social contribution and profitability. Rather than relying on expansion of a single business, the company emphasizes synergies across multiple business segments to strengthen resilience against economic fluctuations.

Key investment areas focus on urban residential development concentrated within a 10-minute walk of stations in Tokyo's 23 wards. In addition to development projects, the company diversifies risk and maximizes returns through "Asset Design & Resale (ADR)," which shortens development periods and improves capital efficiency, and investments in revenue-generating real estate including residences, offices, hotels, and commercial properties. The company is reorganizing its sales structure into lean, agile teams and advancing differentiation by leveraging human capital and regional characteristics through intensive on-the-job training for young talent development.

The company plans to actively utilize M&A for business expansion, strengthening information gathering and deal evaluation capabilities through an "M&A Promotion Office" reporting directly to the representative director, targeting expansion of existing operations and entry into new growth markets. By combining multiple revenue streams—including hotel operations, brokerage and solutions, and human resources services—the company will build a portfolio resilient to economic cycles. The company will also expand fundraising and investment opportunities by enhancing English-language information disclosure and investor relations engagement for domestic and international investors.

Regarding technological innovation, the company is strengthening its proprietary DL property database and implementing AI to replace labor-intensive tasks such as market data collection and volume verification, reducing administrative workload and increasing transaction volume. Through DX investment, the company will reduce dependency on individuals, enhance investment decision accuracy and speed, and simultaneously elevate human capital through AI-driven personalized training, enabling transformation toward an "autonomous organization."