Management Policy

Long-Term Business Plan

Formulate a new business plan aiming for further development of foundations and systems to respond to changes in the external environment surrounding the Company together with the belief that radical reforms are necessary for establishing a foundation for growth focusing on the 100th anniversary of the Company’s founding under the new system and sustainable management promotion


Target period : 10 years from FY2024/3 to FY2033/3

Basic policy

1. Aim to continuously enhance corporate value by realizing sustainable management

2. Assess changes in the investment environment and expand our business size and create new profit models through increasing the portfolio

Corporate vision in 10 years’ time

A company that will continue to contribute to a sustainable society with each and every employee growing through inventiveness and challenges and providing valuable commercial space that meet the needs of the times

Targeted Results

Targeted Results

Investment Plans

Investment Plans

Long-Term Business Plan : Promote Business In Two Periods

Long-Term Business Plan : Promote Business In Two Periods

Business Strategy

Promoting business by leveraging our strengths

Promoting business by leveraging our strengths

  • Transition to a revenue structure that maintains balance between stock businesses and flow businesses
  • Expand a stable revenue base by decreasing economic change risks through diversified asset types

Long-Term Business Plan : Promote Business In Two Periods

Financial and Capital Strategy

Financial Strategy

Aim to realize improvement of ROE as a result of aiming for enhanced ROA through flow business initiatives

Long-Term Business Plan : Promote Business In Two Periods

Shareholder Returns

Shareholder Returns

  • Continue stable dividends and increased dividends with an emphasis on profit per share
  • Raise the previous dividend payout ratio of 35% to 40% to approximately 45%
  • Consider shareholder returns with an awareness of capital efficiency of shareholder repurchases, etc., comprehensively taking into account the economic situation and the Company’s stock price

Sustainability Strategy

ESG Theme
E (Environmental)

Balancing between a rich environment in the future and business activities

S (Social)

Provision of optimal space keeping abreast of changing external environment and times

Co-existence and co-prosperity with stakeholders

Establishment of the organization where diverse human resources achieve their potential

G (Governance)

Reinforcement of the management base that supports the sustainable management

  • Identify Materiality (Key Sustainability Issues) and start initiatives on it
  • Set targets for reducing GHG emissions
  • Strive to achieve a green building certification ratio of 50% or more
  • Strengthen efforts for human capital management(Development of human resources, securing of diverse human resources, improvement of internal environment, promotion of DX, etc.)