JINUSHI Co.,Ltd. (3252) Stock Price

Jinushi Corporation operates three main business segments. First, in real estate investment, the company develops the "JINUSHI Business," which involves investing solely in land and entering into long-term fixed-term land lease agreements with tenants. This approach enables stable, long-term revenue generation, and the company sells real estate financial products to entities such as Jinushi REIT.

Second, in real estate rental operations, the company holds real estate financial products it has developed and operates long-term rental businesses to generate rental income. Additionally, it operates subleasing businesses where it leases land from landowners and subleases to tenants, as well as real estate specified joint ventures that offer real estate financial products called "Jinushi Club" to individual investors.

Third, in asset management operations, the company undertakes asset management and operational management services from Jinushi REIT and similar entities, generating asset management fees and property management fees. Through these diversified real estate services, Jinushi Corporation has built a stable revenue foundation.

Jushi Corporation has established the "JINUSHI Business" as its distinctive growth strategy. This business model invests in land only, with tenants owning the buildings, making it resilient to natural disasters and market fluctuations. Through this approach, the company aims to secure long-term stable revenue and become a major landowner in Japan.

In 2022, the company announced a five-year medium-term management plan and formulated an ESG policy. The plan pursues growth in its real estate investment trust (REIT) operations and expansion of the JINUSHI Business as dual pillars, targeting the realization of a sustainable society and enhancement of corporate value. Specifically, the company is promoting diversification of tenant industries and geographic expansion.

Jushi Corporation has set targets for 2026 of 100 billion yen in revenue, 7 billion yen in net profit, and 300 billion yen in REIT assets under management. These targets will maintain high capital efficiency and a stable financial foundation while driving further growth. The company also aims for 13% ROE and a shareholders' equity ratio of 30% or above to ensure financial soundness.

The company recognizes growing investor demand for the JINUSHI Business against the backdrop of an expanding land lease market. With favorable fundraising conditions and strong relationships with financial institutions, the company has secured long-term borrowing periods. This enables flexible responses to financial market volatility.

The company also prioritizes ESG initiatives, having announced its ESG policy and roadmap in 2022. Specific measures toward a sustainable society include human capital disclosure, achieving carbon neutrality, and incorporating ESG clauses into tenant contracts.