Sixth Management Plan Key Initiatives

Size: px

Start display at page:

Download "Sixth Management Plan Key Initiatives"

Tiffany Sullivan
5 years ago
Views:

Leasing Principal Projects (214 216* 1 ) Name (Tokyo CBD* 2 ) Gross floor area (Tsubo* 3 ) Expected completion Motoakasaka Building 1,8 Chiyoda First Wing Chiyoda Ward 2,7 Onarimon-eki Mae Building

215 Total: 215* 1 53,1 Nibancho Project Chiyoda Ward 6, Sept. 215 Roppongi 3-Chome Project 61, Mar. 216 3 Other Buildings 13, Total: 216* 1 8, Total: 6th Management Plan 14,3 *1.

3 m 2 Gross Floor Area (Years ended March 31) Thousands of tsubo 2, 1,5 1, 5 68 1st Plan 21 87 2nd Plan 24 1,2 3rd Plan 27 1,16 4th Plan 21 1,25 5th Plan 213 +11% 1,39 +14, tsubo 6th Plan 216

1 Leasing Principal Projects ( * 1 ) Name (Tokyo CBD* 2 ) Gross floor area (Tsubo* 3 ) Expected completion Motoakasaka Building 1,8 Chiyoda First Wing Chiyoda Ward 2,7 Onarimon-eki Mae Building 2,7 Total: 214* 1 7,2 Hanzomon Re Project Chiyoda Ward 3,7 Dec. 214 Mita Re Project 7,4 Feb. 215 Nihonbashi 2-Chome Project Chuo Ward 42, Feb. 215 Total: 215* 1 53,1 Nibancho Project Chiyoda Ward 6, Sept. 215 Roppongi 3-Chome Project 61, Mar Other Buildings 13, Total: 216* 1 8, Total: 6th Management Plan 14,3 *1. Fiscal year ending March 31 *2. Tokyo CBD (Central Business District): 7 wards, comprising Chiyoda, Minato, Chuo, Shinjuku, Shibuya, Shinagawa and Bunkyo *3. 1 tsubo = 3.3 m 2 Gross Floor Area (Years ended March 31) Thousands of tsubo 2, 1,5 1, st Plan nd Plan 24 1,2 3rd Plan 27 1,16 4th Plan 21 1,25 5th Plan % 1,39 +14, tsubo 6th Plan 216 (Forecast) Projects scheduled for completion in March 214 fiscal year Motoakasaka Building 1,8 tsubo 9 above ground Chiyoda First Wing Chiyoda Ward 2,7 tsubo 7 above ground Onarimon-eki Mae Building 2,7 tsubo 11 above ground Outlook for Leasing Operations Under the Sixth Management Plan, we are aiming for cumulative revenue and profit growth for the 3-year period, with record profit as well as record-setting business results on a single-year basis. Including redevelopment projects in Nihonbashi and Roppongi scheduled for completion during the period of the Sixth Management Plan, we expect to make a solid contribution to business results with the addition of 14, tsubo of gross floor area. Going forward, we will continue to work for profit growth by expanding the earnings base and enhancing the quality of our s.

Leasing Nihonbashi 2-Chome Project Contributing to redevelopment in the Nihonbashi area Located at Nihonbashi intersection, one of Japan s leading business districts, this site is about 8,8 square

This large-scale project will have a gross floor area of approximately 138, square meters, or 42, tsubo, Bunkyo Shinjuku Chiyoda Shibuya Chuo Minato Shinagawa and include office space, commercial

Asakusa Line, Nihonbashi Station Chuo Chuo Ward 42, tsubo Feb.

2 Leasing Nihonbashi 2-Chome Project Contributing to redevelopment in the Nihonbashi area Located at Nihonbashi intersection, one of Japan s leading business districts, this site is about 8,8 square meters. This large-scale project will have a gross floor area of approximately 138, square meters, or 42, tsubo, Bunkyo Shinjuku Chiyoda Shibuya Chuo Minato Shinagawa and include office space, commercial space and multipurpose halls. Eitai St. Tozai Line, Nihonbashi Station Ginza Line, Nihonbashi Station Chuo St. Section 7 Section 8 Showa St. Asakusa Line, Nihonbashi Station Chuo Chuo Ward 42, tsubo Feb. 215 Project site 35 above ground / 4 below ground Project Features 1 Enhanced functionality as a transportation hub To make it easier to transfer and relieve congestion at Nihonbashi Station, where three different subway lines intersect, the project will feature an underground open space that connects the and the station, as well as an open space of approximately 1,5m 2 facing Nihonbashi intersection. 2 Abundant space for pedestrians The will be set back to preserve an open space in front of the station, and with barrierfree access between the station and street level, the area will become safer and easier for pedestrians to navigate. 3 Enhanced community disaster preparedness In addition to fireproofing and earthquake resistance, the will have an emergency generator that can provide power for 72 hours, as well as a storage facility for emergency provisions. In the event of a disaster, the open space in front of the station can be used as a first aid station and supply center, and has room for portable toilets. 4 Place for meeting and exchange A facility displaying tourist information will be installed near Nihonbashi Station, which offers easy access to and from Narita and Haneda airports. The project will also include the area s largest multipurpose hall (more than 1,m 2 ), which will have an exhibition area and reception desk, and can be used for seminars and symposiums. 5 State-of-the-art office specifications The facility will incorporate business continuity planning (BCP) with an earthquake-resistant structure and a 72-hour supply of backup power, using a range of the latest equipment to prepare for an earthquake or power outage. The office floors will have approximately 82 tsubo of leasable floor space on standard floors, and the rooms are designed without internal pillars, creating an open feeling and highly efficient layout.

tsubo. It will include three types of facilities office, residential and commercial in north and south sections. Minato Roppongi St. Commercial Roppongi 1-chome Station 61, tsubo Mar.

3 Roppongi 3-Chome Project Offering diverse functions at our largest redevelopment project On a large site of about 2.7 hectares adjacent to both Roppongi 1-chome Station and our flagship property Izumi Garden Tower, this large-scale project will have a gross floor area of approximately 2, square meters, or 61, tsubo. It will include three types of facilities office, residential and commercial in north and south sections. Minato Roppongi St. Commercial Roppongi 1-chome Station 61, tsubo Mar. 216 Office Residential Izumi Garden Tower 4 above ground / 5 below ground Project site Project Features 1 next to subway station Encircled by a broad (4-meter) walkway and with two large, green, open spaces (1,4m 2 and 1,m 2 ), the project will feature an attractive, composite urban topography. 2 Greater convenience for pedestrians An underground passageway connecting to Roppongi street and Roppongi 1-chome Station will make it easier for pedestrians to go from the west side of the complex to the station, and design features, such as elevators, will provide a barrier-free environment. Pedestrian Flow Office Open space Entrance Commercial * = Elevator Underground passageway A new West Exit ticket gate at Roppongi 1-chome Station Roppongi 1-chome Station 3 Enhanced community disaster preparedness The underground open space in front of the station (75m 2 ) can be used as a temporary evacuation area, enhancing the community s disaster preparedness.

SALES Principal Projects (214 216) Name No.

Sannomiya Kobe 594 214 City Terrace Imafuku Tsurumi Osaka 294 214 City Towers Maruyama Sapporo 11 214 The Grand Millennia Tower & Suite Toshima Ward, Tokyo 412 215 Tokyo Bay City Tower, Tokyo 171 215

Chuo Ward, Tokyo 1,666 216 City Tower Musashi Kosugi Kawasaki 8 216 Tennoji Project Osaka 413 216 City Tower Sendai Ichibancho Residence Sendai 144 216 * Fiscal years ending March 31 Revenue from

for the period covered by each plan. 12 65 4th Plan 21 14 67 5th Plan 213 Thousands of Units Record high 18 82 6th Plan 216 (Forecast) 4 3 2 1 City Tower Kobe Sannomiya Kobe 594 54 above ground Apr.

4 SALES Principal Projects ( ) Name No. of units for sale Scheduled delivery* City Terrace Kaga Itabashi Ward, Tokyo City Terrace Yoyogi-koen Shibuya Ward, Tokyo City Tower Ageo-eki Mae Ageo City Tower Kobe Sannomiya Kobe City Terrace Imafuku Tsurumi Osaka City Towers Maruyama Sapporo The Grand Millennia Tower & Suite Toshima Ward, Tokyo Tokyo Bay City Tower, Tokyo Oedo Tower Residence Taito Ward, Tokyo Chofu-eki Mae Project Chofu, Tokyo City Terrace Toda-koen Toda Central Residence Otakanomori Nagareyama Deux Tours Canal & Spa Chuo Ward, Tokyo 1, City Tower Musashi Kosugi Kawasaki Tennoji Project Osaka City Tower Sendai Ichibancho Residence Sendai * Fiscal years ending March 31 Revenue from Operations and Units Delivered (Years ended March 31) Billions of Yen 1, st Plan Revenue from Operations 2nd Plan rd Plan 27 Units Delivered * Cumulative totals for the period covered by each plan th Plan th Plan 213 Thousands of Units Record high th Plan 216 (Forecast) City Tower Kobe Sannomiya Kobe above ground Apr. 213 City Terrace Kaga Itabashi Ward, Tokyo above ground Tokyo Bay City Tower, Tokyo above ground Dec. 214 Outlook for Sales Operations Under the Sixth Management Plan, we aim to increase sales volume to achieve growth in cumulative revenue and profit for the 3-year period. We are targeting cumulative sales of 18, condominium units under the Sixth Management Plan, a roughly 3% increase from 14, units sold during the period of the Fifth Management Plan. This target is equivalent to sales of roughly 6, units annually, which would be a record level for the Company. During the period covered by the Fifth Management Plan, we launched the Grand Mansion Gallery and Custom-order Service as new initiatives to strengthen our product planning and sales structure. We aim to achieve our new targets by making maximum use of the results of these initiatives.

New Initiatives in the Condominium Business Custom-order Service Announced January 212 We have launched initiatives aiming to raise customer satisfaction by providing a detailed response to

Generally in Japan, condominiums are provided to customers with limited floor plans and customers cannot choose or change the floor plan to better fit their lifestyle.

In addition to being able to select the interior color, customers can reposition plumbing for the kitchen, bathroom, and other parts of a condominium free of charge, even after completion.

Details of custom-order service Past Present Interior design, including floor plan, options available for one condominium unit Selection period for interior design, including floor plan Fee for

5 New Initiatives in the Condominium Business Custom-order Service Announced January 212 We have launched initiatives aiming to raise customer satisfaction by providing a detailed response to their needs. A new Custom-order Service is one of these initiatives. Generally in Japan, condominiums are provided to customers with limited floor plans and customers cannot choose or change the floor plan to better fit their lifestyle. Our Custom-order Service, however, enables customers to partially personalize interior designs suited to various lifestyles in new condominiums. In addition to being able to select the interior color, customers can reposition plumbing for the kitchen, bathroom, and other parts of a condominium free of charge, even after completion. With such initiatives, we are aiming to expand cumulative sales to 18, condominium units under the Sixth Management Plan. Details of custom-order service Past Present Interior design, including floor plan, options available for one condominium unit Selection period for interior design, including floor plan Fee for selection after completion 2 or 3 types Short time after construction begins (before completion) Option not available Up to 13 types (3 color options are available for room interiors) Selection possible after completion Available free of charge Principal Condominiums that offer custom-order service City House Urawa Takasago Saitama above ground / * 213 The Grand Millennia Tower & Suite Toshima Ward, Tokyo above ground / * 215 * Fiscal year ending March 31

Supplementary Material

Supplementary Material Fiscal 2017 (April 1, 2017 - March 31, 2018) Sumitomo Realty & Development Co., Ltd. Results for Fiscal 2017 (Apr 1, 2017 Mar 31, 2018) Financial Results / Forecasts (Billions of