HEIWA REAL ESTATE CO.,LTD. (8803) Stock Price

Heiwa Real Estate operates primarily through two business segments. First is the Building segment. In this segment, Heiwa Real Estate, Tokyo Securities Hall Corporation, Tokyo Hibiya Hotel Corporation, and Tokyo Nihonbashi Kabutocho Hotel Corporation develop, lease, manage, and sell properties including stock exchanges, office buildings, commercial facilities, and residential properties. Additionally, Heiwa Real Estate Property Management Corporation handles property management operations.

Second is the Asset Management segment. In this segment, Heiwa Real Estate and Heiwa Real Estate Asset Management Corporation manage the assets of Heiwa Real Estate REIT Investment Corporation. Furthermore, Housing Service Corporation handles real estate brokerage operations. Through these business operations, Heiwa Real Estate provides a diverse range of real estate-related services.

Heiwa Real Estate has established the long-term vision "WAY 2040," aiming to create spaces that bring prosperity to the future. To realize this vision, the company has formulated the medium-term management plan "WAY 2040 Stage 1" for 2024 through 2026. This plan prioritizes four key strategies: expansion of redevelopment projects, profit growth and improved capital efficiency, enhancement of social value, and strengthening of management foundations.

In expanding redevelopment projects, the company will establish the Nihonbashi Kabutocho and Kayabacho brand and advance large-scale redevelopment projects in Sapporo, while deploying redevelopment projects nationwide. Through these efforts, the company will enhance urban competitiveness and create spaces that attract people. To achieve profit growth and improved capital efficiency, the company aims to expand rental operations and capital-turnover businesses, as well as enter new business fields.

Regarding enhancement of social value, the company will advance sustainability initiatives and address environmental and social challenges. Specifically, it will reduce GHG emissions and promote sustainable urban development, contributing to the realization of a sustainable society. Furthermore, in strengthening management foundations, the company will maximize human capital and strengthen corporate governance to establish a framework that accelerates growth.

Through these strategies, Heiwa Real Estate aims to enhance corporate value and achieve sustainable growth.