Investor Presentaiton
Internal Growth Management Status~
Residential
Achieved performance exceeding market recovery due to the accumulation of improvements to management
amid the COVID-19 pandemic
Changes in period average occupancy rate and average contracted rent index (Note 1)
for single type properties (Note 2) in 5 central wards
Occupancy
rate
98.0%
Sluggish occupancy rate & decline in contracted rent
Considered and implemented various improvements to
management (shown on the right)
Enhanced operational
capabilities
Future
Aim for greater profits than the
levels prior to COVID-19 through
market recovery x enhanced
management capabilities
Examples of t improvements to management
①Facilitation of leasing
Newly established KPIs for weekly results
•
Started soliciting applications at appropriate rent
levels, utilizing contracted rent DB
Increased frequency of condition revision property
managing mtg (all properties every week)
•
Integrated systems with brokers (immediate
reflection of condition revisions)
.
Enhanced efficiency of integration of asset
98.4%
95.8%
95.4%
95.7%
97.6% (preliminary value)
94.8%
Contracted rent
100.0
Substantial increase in
occupancy rate
management/property management info through IT
promotion
2 Advertisement-related
Clarified rules for using paper media in light of cost-
effectiveness
Reviewed pictures posted on web media in light of
customer reactions
98.3
102.3
94.4
91.7
92.0
Slight reversal of
contracted rent as well
Other
Improved the yield rate by adopting the guarantee
company's new plan
Feb. 20
Aug. 20
Feb. 21
Aug. 21
Feb. 22
Aug. 22 Sep 30, 2022
•
Promoted surface renovation by packaging works
【 Future policy and forecast]
【 Future policy and forecast 】
Continue to focus on operations with high occupancy rates to maximize profits. Although rents are expected to remain flat, aim for rent
increase while monitoring the state of the market.
(Period average occupancy rate for Aug 2022 FP: 96.8% ⇒ Expected rate for Feb 2023 FP: 96.8% *Rate for Feb 2022: 96.2%)
(Note 1) The rate of change in the average contracted rent (from the previous period) was calculated for overall properties based on the change rates (from the previous period) for individual properties, and then the contracted
rent for each period was converted into an index, with the rent level for Feb 2020 FP set at 100. (Note 2) Properties with average area per dwelling of less than 30 m².
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