Corporate Results

The following is Leopalace21's corporate results.

Leasing Business

By increase in employment and promoting corporate sales in all industries, the occupancy rate at the end of FY17/3 increased 1.13 points to 91.66 %.

The occupancy rate at the end of FY17/3 was 91.66% (up 1.13 points from the end of the last fiscal year), and the average occupancy rate was 88.53% (up 0.58 points year-on-year). We implemented measures such as tenant recruitment utilizing direct leasing offices, franchises, and local real estate brokers, as well as expanding tenant services including "my DIY" and security system installations. In addition, the Group further strengthened sales against corporate and foreign clients. "my DIY" contracts have exceeded 32 thousand. Apartments with security systems installed increased, and accounted for 279 thousand rooms at the end of FY17/3.
The number of units under management at the end of FY17/3 was 568,739 (up 6,778 from the end of the previous fiscal year), and the number of direct offices was 189 (no change from the end of the previous fiscal year). The number of franchise offices was 119 (decreasing 11 from the end of the previous fiscal year).

Occupancy Rate

Occupancy rate

Related information

Construction Business

We are promoting apartment supply in urban areas and expanding construction variations.

Orders received during FY17/3 was 87,139 million yen (up 0.8% year-on-year), and orders received outstanding was 67,257 million yen (up 1.4% from the end of FY17/3).
In the Construction Business, the Group focused on supplying apartments to urban areas with high occupancy demand, offering high-quality and strategic products with earthquake protection and sound insulation, and developing products targeting females and young tenants. Also, the Group expanded construction variations such as elderly care facilities, stores, and built-to-order houses, as well as advanced initiatives to boost profit margins via reassessments of product prices, procurement routes. The number of offices was 60 (no change from the end of the previous fiscal year).

Orders Received

Order results


Consolidated net sales were 520,488 million yen, due to the improvement of occupancy rates which led to the improvement of leasing sales.

Consolidated net sales during FY17/3 were 520,488 million yen (up 1.8% year-on-year). Net sales in the Leasing Business were 416,594 million yen (up 1.4% year-on-year), and 74,566 million yen in the Construction Business (up 0.5% year-on-year).

Sales by segment

Sales by segment


Operating profit was 22,898 million yen (up 8.6% year-on-year)

Gross profit was 92,668 million yen (up 4.2% year-on-year), operating profit was 22,898 million yen (up 8.6% year-on-year), recurring profit was 22,355 million yen (up 12.3% year-on-year), and net income attributable to shareholders of the parent was 20,401 million yen (up 3.9% year-on-year).
In the Leasing Business, operating profit was 22,459 million yen (down 1.7% year-on-year). In the Construction Business, operating profit was 5,051 million yen (up 51.2% year-on-year).



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