Seibu : July. 11, 2023 IR Meeting on Real Estate Business Handouts
July 28, 2023 at 02:09 am
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Seibu Group Real Estate Business
Future Business Strategy
July 11,2023 Seibu Realty Solutions Inc. President and Representative Director SAITO Tomohide Seibu Holdings Inc. General Manager, Business Strategy Department III, Corporate Planning Department TAKEKAWA Toshihito
Work Experience
Introduction
Seibu Realty Solutions Inc.
President and Representative Director
SAITO Tomohide
1990 The Sumitomo Trust and Banking Company, Limited
After experience in foreign exchange business, moved to Development Business Department
Revision and restoration work for development projects planned in the late 80's.
Converted an office building project with excessive borrowings into compartmentalized ownership and sold two floors to a foreign investor to normalize it.
Reviewed a suburban complex development land trust project and sold it to the public sector. Acquired the head office building through expropriation replacement.
Proposals for effective corporate use: attracted a GMS store on a vacant grounds site, attracted a food factory on a former golf driving range site, etc.
1998 Nippon Life Insurance Company
Engaged in the operation of hotels and large-scale commercial facilities.
Sold Nihonbashi Takashimaya (Nippon Life Tokyo Bldg.) to Takashimaya.
2000 ORIX Corporation
Moved to the J-REIT listing team of the Finance Headquarters of ORIX Real Estate
Acquisitions
Development of logistics facilities after completion of J-REIT preparations
2003 The Sumitomo Trust and Banking Company, Limited
J-REIT listing support
2005 Showajisyo Inc.
Securitization of about 60 billion yen (TK-YK scheme)
2007 Seibu Holdings Inc.
Initially engaged in redevelopment of the Grand Prince Hotel Akasaka, etc.
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Contents
Overview of Real Estate Business
Progress of Initiatives in the Medium-term Management Plan
Seibu Group's Real Estate Business Strategy
(1) Large-scale redevelopment projects
(2) Transition to an asset-light real estate business utilizing capital recycling business
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1. Overview of Real Estate Business
Overview of Real Estate Business
Operating revenue
Leasing space
the Fiscal year ending March 31, 2023
As of March 31, 2023
74.8 billions of yen
447 in thousands of square meters
80
75
70
65
60
55
50
45
40
35
30
billions of yen
74.8
44.9
March 31,2011
March 31,2023
Operating revenue
COMPLEX
FACILITY
Tokyo Garden Terrace Kioicho
OFFICE
office
6 locations
RENTAL RESIDENTIAL
PROPERTIES
Emilive
6 locations
Others
4 locations
COMMERCIAL
RETAIL FACILITIES
Karuizawa Prince Shopping Plaza
SC(station buildings) PePe 5 locations
BIGBOX 1 locations
inside stations
Grand Emio 2 locations Emio 17 locations
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Seibu Holdings Inc. published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 01:08:08 UTC.
Seibu Holdings, Inc. is a Japan-based holding company which operates in six business segments. Urban Transportation and Regional segment provides passenger transport through trains, buses, and taxis along Seibu rail lines in the Tokyo-Saitama area. Hotel and Leisure segment consists of a varied assortment of facilities in a wide range of fields including hotels, golf courses, ski resorts, and leisure facilities. Real Estate segment is engaged in the development of hotel space, development and operation of stores in train stations, and subdivision of housing, among others. Construction segment is engaged in all types of construction in areas including railway lines, social infrastructure, hotel remodeling, private sector construction, and housing. Hawaii Business segment operates hotels in Hawaii. Other Businesses segment consists of passenger transport in Izuhakone and Ohmi, and the operation of Seibu Lions baseball team. The Company has 53 subsidiaries and one associated company.