Properst: Notice regarding financial information of unlisted parent companies, etc.

JPXFeb 28 14:30 · Announcements

Propasto --- Acquisition of A-REIT ETF for sale in Chiyoda, Bunkyo-ku, Tokyo.

Propast <3236> announced on the 26th the acquisition of a property for sale located in Bunkyo-ku, Tokyo. Property Overview (Segment: Rental Development Business) is situated in Chiseki, Bunkyo-ku, Tokyo, with a land area of 215.83 square meters. The type of building is a Residence and workshop, and the structure and scale consist of a total of 2 buildings: a 2-story steel frame and a 2-story wooden structure, with a total floor area of 265.99 square meters. The company plans to demolish the buildings and construct a multi-family residence. The delivery and settlement date is February 26, 2025. The seller is a domestic corporation.

Fisco JapanFeb 27 10:17

Propasto Research Memo (6): For the mid-term period ending May 2025, although there will be a decrease in sales and profits, expected profits will be secured as planned.

■ Propasto <3236> Performance Trends 1. Overview of the performance for the interim period ending May 2025 The Japanese economy for the interim period ending May 2025 is showing a gradual recovery, although some areas show signs of stagnation. However, within the Real Estate industry to which the company belongs, a weak trend is observed. The seasonally adjusted annualized figure for new residential construction starts, which serves as a leading indicator, was 779,000 units in October 2024 (a decrease of 2.7% compared to the previous month), marking a decline for the first time in four months. Additionally, the initial month contract rate for metropolitan area condominiums is 11.

Fisco JapanFeb 6 12:16

Propast Research Memo (5): Increase the added value of the building through renovation work and sell it in a short period, reducing market volatility risk.

The value-up project is a short-term project that lasts about a year.

Fisco JapanFeb 6 12:15

Propast Research Memo (4): Balancing design and low cost, driving the company's performance in its core business.

The rental development business focuses on land acquisition, planning, construction, and sales of medium-sized rental apartments, primarily in the metropolitan area, and it is a medium-term project lasting about two years.

Fisco JapanFeb 6 12:14

Propast Research Memo (3): Expanding with high-design Weapons targeting urban single individuals and power couples.

The company develops and sells condominiums utilizing its planning and design capabilities, primarily in the metropolitan area.

Fisco JapanFeb 6 12:13