|
|
 |
|
 |
|
 |
|
The following are operating indicators for condominiums for sale.
For the fiscal year ended March 31, 2024, we posted 1,280 condominiums for sale, with operating
revenue of 89.5 billion yen and a gross profit margin of 25.4%.
We plan to sell 996 condominiums in the fiscal year ending March 31, 2025, with operating revenue of
84.2 billion yen and a gross profit margin of 36%. The gross profit margin is expected to be high
due to the inclusion of large-scale redevelopment projects and high-priced condominiums.
Condominium sales remain strong.
The completed inventory, which was 200 units at the end of the fiscal year ended March 2023, was 127
units at the end of the fiscal year ended March 31, 2024.
In addition, the ratio of contracts secured to sales for the fiscal year ending March 31, 2025 was
74% at the beginning of the fiscal year, a high-level start for the year.
Regarding the acquisition of land for condominiums, in the fiscal year ended March 31, 2024, land
cost was 61.7 billion yen and the number of units was 1,798, with acquisitions proceeding mainly in
central Tokyo. The land bank scheduled to be recorded from the fiscal year ending March 31, 2026
onwards is approximately 10,200 units.
Redevelopment properties, a focus of our efforts in recent years, account for approximately 61% of
the land bank.
|
|
|
