TOC Co.,Ltd (8841) Stock Price

TOC is a real estate company with a diverse portfolio of related businesses. It primarily owns 12 commercial buildings and leases office space, showrooms, and parking facilities. The company also leases buildings and land to affiliated companies and subsidiaries to maximize asset utilization.

TOR Asset Investment, a TOC subsidiary, owns and leases four commercial facilities related to Asakusa ROX. It also leases portions of commercial facilities to TOC Direction and TOLCD, with TOC Direction handling operational management of these properties.

In the linen supply and laundry business, TOC Linen Supply operates a facility in Atsugi, Kanagawa Prefecture, providing linen supply and laundry services. In the pharmaceutical business, Hoshi Pharmaceutical manufactures and sells gastrointestinal medicines and health food products.

In merchandise sales and food service operations, TOC Direction handles retail sales in part of the ROX Building. In sports club and bathing facility operations, TOLCD operates these facilities within the ROX Building.

In building management-related services, TOC Supply provides interior construction work, vending machine services, and insurance agency services. Osaki Redevelopment Building leases part of "Osaki New City" and conducts sublease and management operations.

In information processing operations, I-TINK plans and develops information processing systems. Affiliated company HR New Otani operates hotels and restaurants, leasing the "New Otani Inn Tokyo Building" from TOC.

TOC is guided by the philosophy of being "a company that serves society." The company's mission is to provide spaces that delight customers while harmonizing with society. Based on this philosophy, TOC earnestly addresses corporate social responsibility and environmental issues to enhance enterprise value.

TOC positions real estate as its core business and seeks to strengthen the entire group by integrating new and existing operations. In particular, the company has identified expanding cash flow and improving capital efficiency as critical medium- to long-term objectives.

In the operating environment, office vacancy rates and rental levels in the five central wards show signs of recovery. Meanwhile, commercial facilities are experiencing active inbound demand, though regional differences are affecting performance.

TOC is actively implementing measures to improve profitability in pursuit of sustainable growth. The company is focused on enhancing the added value of individual buildings through operational efficiency improvements and renovations.

For the new TOC Building plan, the company is reviewing the project with a long-term perspective aimed at higher profitability. Construction is anticipated around 2033, with continuous renovations underway to enhance building safety and convenience.

At the reopened TOC Building, the company is working to improve occupancy rates by leveraging event functions and logistics capabilities. This approach maximizes the building's distinctive characteristics and strengthens the operational foundation.