Business Plan for the FY2012/3

In fiscal year ending March 2012, we will focus on "enhancing earnings from managed unit stock" by steadily pursuing the three pillars of "Fully implement measures to enhance property value," "Reduce leasing costs and improve services" and "Strengthen ability to find customers."

The organizational restructuring in May 2011 has further strengthened our ability to implement this plan. In addition, we will strengthen and thoroughly implement current measures regarding SG&A expenses.