About Leopalace21

Sales by Segment

Leasing business, the main business, consists more than 90% of sales

• Leasing Business

  We are mainly engaged in leasing and management of leased apartments and other properties through master-lease contracts as well as maintenance work of apartments and others, various rental-related services, broadband services, and construction subcontracting of mainly apartments.

  

• Elderly Care Business

  In response to Japan's hyper-aged society, we operate group homes, day-care services, short-stay services, and fee-based nursing homes that are closely linked to local communities, and also provide services such as visiting care and in-home nursing care support.

  

• Other Businesses

  In Guam, we have Leopalace Resort Guam which runs golf courses, a hotel, and other facilities. We plan to sell the property as soon as possible based on our policy of transferring or withdrawing from non-core and unprofitable businesses.

  

Financial Results

Aiming to stabilize earnings by continuing structural reforms.

We shifted its business model to center on the Leasing Business after the global financial crisis. With construction defects problem revealed in FY2018 and another blow by COVID-19 impact starting from FY2020, implementing continuous structural reforms turned operating profit in FY2021.

Market Share

Japan's Largest Landlord

According to the 2023 Housing and Land Survey (Statistics Bureau, Ministry of Internal Affairs and Communications), of the total 19 million rental housing units in Japan, approximately 5.87 million rental units are estimated to be 29 m² or smaller, which is about the same size as our mainstay apartments.
We estimate our share of units in the category (rental housing units of 29 m² or smaller) is approximately 9.2% (540,000 units/5.87 million units = 9.2%).

Two Major Challenges to be Solved Through Business Activities

We are also working to resolve social issues through provision of housing.

• Issue 1

  Provide housing for the increasing number of foreign nationals

  
• Issue 2

  Environmental initiatives
  (Toward carbon neutrality)

  

Sustainability Activities

Based on our sustainability vision: we go on contributing to society today and in the future
through creating new value and imagineering joyful living. We promote sustainability activities
in line with the five basic policies on sustainability.

Vision

To shape the future of "Single Living" by connecting with people, companies, and communities to make everyone's lives brighter through the concept of "Living Freely and Confidently"*