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This is the status of our Logistics business.
As of June 30, 2024, we were working on 25 projects, 8 already in operation and 17 under
development, with a total investment balance of 93.3 billion yen and a total investment amount of
214.1 billion yen.
Our participation in the freezer and refrigerated warehouse business is described at the bottom
left.
Demand for freezer and refrigerated warehouses is expected to increase due to factors such as
increased consumption of frozen and refrigerated foods brought about by changes in household size
and expanded use of the “Hometown Tax” system, as well as the need to rebuild old freezer and
refrigerated warehouses due to regulations on fluorocarbons.
We are currently involved in two planned properties in Osaka City, Osaka Prefecture, and plan to
aggressively expand to various regions throughout Japan in the future.
LOGI'Q Minami-Ibaraki, our flagship project completed in January 2024, is introduced at the bottom
right.
We will install sections that can be converted into freezer and refrigerated warehouses in future
according to tenant needs and low-floor sections, and also provide high-quality common areas and
total services from new graduate recruitment support to employee welfare services, thereby
contributing to securing workers for tenants and reducing initial investment on an intangible level
as well.
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