Medium to Long-term Strategies and Numerical Targets

Medium to Long-term Strategies and Numerical Targets

Leopalace21 has been working on resolving construction defects, implementing recurrence prevention measures, and enhancing corporate governance in order to restore trust that has been damaged by construction defects problem. In addition to selling a part of our businesses and assets, we have been working on business structural reforms such as improving productivity, reducing costs, and refining business model centered on the Leasing business. In order to restore the trust of stakeholders and ensure the recovery of business results, we completed the strategic review process, and have established and implemented the business plan from the fiscal year ending March 2021 based on the "Drastic Business Strategies Reconstruction".

Medium to Long-term Strategies

Medium to Long-term Strategies

Roadmap for Short Term and Mid to Long Term

Roadmap for Short Term and Mid to Long Term

Numerical Targets

Operating loss and net loss for the FY21/3 was 9.8 billion yen and 8.0 billion yen respectively, due to COVID-19 effect, etc.. Operating profit and net income for the FY22/3 will increase to 11.3 billion yen and 9.9 billion yen respectively by reinforcing corporate salesforce and making use of IT (AI and IoT) for efficiency improvement in order to increase occupancy rates. Profits will recover to the same level as that recorded before construction defects problem was disclosed with operating profit of 23.5 billion yen and net income of 19.1 billion yen for FY23/3.

Financial Plans

(Billion yen) FY18/3
Actual
FY19/3
Actual
FY20/3
Actual
FY21/3
Plan
FY22/3
Plan(ref.)
FY23/3
Plan(ref.)
Sales 530.8 505.2 433.5 431.1 451.7 475.2
Gross Profit 96.0 76.2 25.4 43.0 63.1 76.3
SGAE 73.1 68.8 61.9 52.8 51.9 52.8
Operating
profit
22.9 7.3 -36.4 -9.8 11.3 23.5
Recurring
profit
22.3 7.0 -36.3 -10.2 10.7 23.0
Net income* 14.8 -68.6 -80.2 -8.0 9.9 19.1
Occupancy rate
(average)
90.59% 88.34% 80.78% 81.63% 86.87% 89.67%
  • * "Net income" refers to "net income attributable to shareholders of the parent".
  • * Recorded deferred tax assets for the following one year in FY21/3 (Plan), FY22/3 (Reference), and FY23/3 (Reference)

More information about Leopalace21's growth strategy

  • IR News

    IR News

    Disclosure of news concerning IR.

  • FAQ

    FAQ

    This section provides answers to frequently asked questions about Leopalace21.

Access Ranking



FY March 2020



Notice to Investors

  • Updated every month Monthly preliminary figures
  • Latest information for investors Download IR documents
  • Compiled by a securities analyst Analyst report
  • IRcalendar

    February 12, 2021
    Announcement of business results for the nine months ended December 31, 2020



Contents of Information for Investors



Leopalace21 Service Sites

© Leopalace21 Corporation. All Rights Reserved.