Message from the President

Providing stable rental housing and solving issues related to people and their homes—this is the business of Leopalace21.

We would like to express our sincere gratitude to all of our stakeholders for your continued support.

Housing forms the foundation that enables people to work, learn, and live their daily lives with peace of mind. As a company that supports these "everyday essentials," we have continued to create value for society through the provision of rental housing.

Since our founding in 1973, we have pursued new forms of housing in response to the evolving needs of the times. In addition to offering our unique value of studio apartments equipped with furniture and home appliances, in recent years we have enhanced customer convenience through digital transformation (DX), including the introduction of electronic contracts and smart locks.

In the fiscal year ended March 2026, we achieved both revenue and profit growth, recording net sales of JPY 444.8 billion and operating profit of JPY 35.9 billion. In our rental business, supported by solid corporate demand, we improved occupancy rates and maintained and further enhanced unit rents for new contracts. In our Development Business, which has been fully resumed, we significantly exceeded our plan by securing orders for 107 buildings, 1,524 units, totaling JPY 14.1 billion. As a core product, we introduced ArLk, which proposes a new style of single living that breaks away from conventional norms. By leveraging the expertise we have cultivated as a leading provider of studio apartments, we are advancing the next generation of rental housing supply.

The fiscal year ending March 2027 marks the second year of our Medium-Term Management Plan. Based on the performance progress achieved in the first year (FY2026), we have updated our Medium-Term Management Plan, "New Growth 2028," originally announced in May last year.

As part of our fundamental strategy, we will continue to enhance occupancy rates and profitability by deepening area-specific strategies. At the same time, we are strengthening our organizational structure to sustainably create value by promoting DX and human capital management. Under our growth strategy, we are expanding our Development Business beyond the Tokyo metropolitan area and Nagoya to include Osaka, Hiroshima, and Fukuoka, thereby strengthening our supply capabilities. We are also contributing to a decarbonized society through the promotion of ZEH (Net Zero Energy Houses).

Looking ahead, we will continue to leverage our integrated strength of building, leasing, and managing properties to provide stable value as an essential housing infrastructure for society. At the same time, we remain deeply grateful to our stakeholders and are committed to steadily returning the results of our efforts. Through solving issues related to people and housing, we aim to remain a company that continues to be needed by society.

We sincerely ask for your continued understanding and support.

May 2026
Bunya Miyao
President and CEO