Units under management
Usage ratio of listed companies
Leasing sales offices
as of March 31, 2023
Ever since its establishment in 1973, Leopalace21 has pioneered numerous industry-first initiatives
and addressed a variety of housing-related challenges and needs.
With real estate expertise as its core competency, we have created a unique business model that combines the Leasing Business,
which focuses on apartment leasing, management, and construction subcontracting.
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 aging 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.
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.
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.
According to the 2018 Housing and Land Survey (Statistics Bureau of Japan), of the approximately 19 million houses for rent throughout Japan, approximately 5.4 million have 29 m2 of floor space or less, which is equivalent to the apartments that account for the Company's main business. We could be referred to as Japan's largest private landlord, being the only company offering approximately 560 thousand rooms.
We aims to realize our long-term vision by re-examining the purpose, or Our Raison d'Être and by taking action every day
while embracing our corporate philosophy.
We are also working to resolve social issues through provision of housing.
Based on our sustainability vision of "we go on creating new value for society today and in the future", we are promoting sustainability activities through five basic policies on sustainability.