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These are movements in business indicators for condominiums.
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%.
Condominium sales remain strong, and the contract obtaining rate secured to sales for the fiscal
year ending March 31, 2025, was 84% as of June 30.
Our gross profit margin on condominium sales was 40.0% in the first quarter, thanks to the recording
of high-margin properties.
Regarding the acquisition of land for condominiums, land cost was 7.2 billion yen, equivalent to 154
units, meaning that we are making steady progress toward our full-year plan of 25.0 billion yen.
The land bank scheduled to be recorded from the fiscal year ending March 31, 2026, is approximately
10,400 units, of which redevelopment properties account for approximately 60%.
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