e'grand Co.,Ltd (3294) Stock Price

E-Grand's primary business is the renovation and resale of pre-owned residential properties. The company purchases used homes from the secondary housing market and real estate auctions, renovates them to restore and enhance their residential functionality, and then resells them. The company primarily handles used condominiums and single-family homes, with operations centered in the Greater Tokyo and Kansai regions.

E-Grand's residential properties target primarily young families, with an average selling price range of 20 to 30 million yen. The company is also strengthening its handling of high-end properties within Tokyo's 23 wards and premium properties exceeding 200 million yen. Properties are sourced from the secondary housing market and real estate auctions, renovated, and resold.

For investment properties, the company primarily handles multi-unit rental apartment buildings. These properties are sourced and resold mainly in the Greater Tokyo area for individual and corporate investors. To increase property value, the company implements interior and exterior renovations and leasing activities to improve investment returns.

Other real estate operations include rental property management and resort business. The resort business encompasses resort property planning, sales, and vacation rental operations, with efforts to accumulate relevant expertise. These initiatives support the company's future business expansion.

E-Grand's fundamental management policy is to contribute to society by providing high-quality housing through its used residential property renovation business. Based on this principle, the company is strengthening its management structure by rigorously improving product quality and ensuring regulatory compliance. Through these efforts, the company aims to enhance customer satisfaction and build social trust.

In its medium-term management plan from 2025 to 2027, E-Grand has set targets of achieving a return on equity (ROE) of 12% or higher and a shareholders' equity ratio of 30% or higher. The company implements stable and continuous shareholder returns through a progressive dividend policy, balancing capital efficiency with financial soundness.

Against the backdrop of growth in the used residential property market, E-Grand is improving productivity through organizational efficiency and talent development while strengthening the profitability of residential properties. The company is also focusing on high-end condominium sales and resort operations to diversify its business portfolio.

E-Grand is strengthening its handling of high-end properties within Tokyo's 23 wards and developing product lineups that meet customer needs. The company is acquiring and developing new talent and shortening property business cycles to achieve an early establishment of an annual sales target of 1,000 properties.

In its profit-margin resale business, E-Grand is expanding the scale of operations by handling larger properties. In its resort business, the company is accumulating expertise through vacation rental operations while pursuing initiatives aimed at expanding related business areas.

Through quality improvements and product planning innovation, E-Grand maintains competitiveness and enhances customer satisfaction. The company is also expanding after-sales services to provide attractive housing solutions.

E-Grand strengthens its compliance framework to ensure sound and transparent management and has established a risk management system. The company secures the effectiveness of internal controls and aims to maximize corporate value.

E-Grand promotes sustainable management and contributes to building a sustainable society. Working together with stakeholders, the company aims to realize a prosperous society and provide comfortable and secure housing.

In its financial and capital policy, E-Grand maintains a shareholders' equity ratio floor of 30% to preserve financial soundness while improving ROE. The company adopts progressive dividends as its basic policy and implements continuous and stable shareholder returns.