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![⑤ Logistics facilities business](../images/25.jpg)
This is the status of our Logistics Facility business.
As of June 30, 2022, we are engaged in a total of 16 projects: 3 properties in operation and 13 properties under development. Our investment balance is 60.1 billion yen and the total floor space of all properties following completion will be 1,282,000 m2.
The lower column on the right side shows a case example of business opportunity in an increasingly competitive investment environment.
The Group has been working with business partners to convert abandoned farmland into highly productive agricultural land and site for logistics facilities, which will create new business opportunities.
In addition to creating business opportunities, we will also contribute to addressing the social issue of restoring abandoned farmlands.
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