Sere Corporation Research Memo (10): For the fiscal year ending February 2025, a financial estimate of 105.0 yen per share is projected.

■Selec Corporation <5078> recognizes maximizing shareholder value as one of the important management issues, takes into account the profit and cash flow situation, future business development, etc. comprehensively, invests capital in medium to long-term growth investments, and sets forth the basic policy on shareholder returns with the aim of improving shareholder value through increased earnings per share. For the fiscal year ending February 2025, it is expected to pay dividends of 105.0 yen per share, the same amount as the previous period, under a stable and sustainable shareholder return policy.

Fisco JapanNov 21 15:10

Cele Corporation Research Memo (9): Promoting the reduction of environmental impact substances and the realization of "ZEH".

■SELE Corporation <5078> is working on ESG based on the corporate philosophy of "For the children, by the children, to the children," and has set "sustainable stable growth" as its management policy, undertaking various activities related to ESG from three perspectives: "environment," "society," and "governance." (1) Environment: Regarding the company's efforts on the environment, at the Chiba factory

Fisco JapanNov 21 15:09

Sere Corporation Research Memo (8): Formulated the long-term management vision "Vision 2030".

■The growth strategy of Selec Corporation <5078> 1. Formulation of "Vision 2030" The company has established a long-term management vision "Vision 2030" starting from the fiscal year ending February 2025, setting its "desired state" for 2030 and clarifying its policies and strategies for further sustainable growth and medium to long-term enhancement of corporate value. This plan also considers the handover to the next generation of management and aims to realize the long-term management vision "CEL Future Strategy."

Fisco JapanNov 21 15:08

Sel Corporation Research Memo (7): Property handovers are concentrated in the second half, expecting performance contributions after the third quarter (2).

■ The future outlook for Selec Corporation <5078> (2) Rental development business revenue is expected to be 5,868 million yen (a 16.2% increase compared to the previous period), and segment profit is expected to be 698 million yen (a 6.9% decrease). The specific key measures are as follows. a) From startup business to stable growth business In the rental development business, it aims to evolve from a startup business to a stable growth business, using the breakthrough of revenue exceeding 5 billion yen as a catalyst. Previous initiatives include the development business push.

Fisco JapanNov 21 15:07

Cel Corporation Research Memo (5): Due to cost improvement effects, operating profit will exceed the initial financial estimates.

■ The performance trend of Selec Corporation <5078> 1. Overview of the consolidated results for the interim period ending February 2025 The consolidated results for the interim period ending February 2025 showed revenue of 11,585 million yen (a decrease of 4.8% compared to the same period last year), operating profit of 1,108 million yen (an increase of 16.0% compared to the same period last year), ordinary profit of 1,128 million yen (an increase of 15.8% compared to the same period last year), and interim net profit attributable to shareholders of the parent company of 786 million yen (an increase of 19.9% compared to the same period last year). Efficient cost management of cost of sales contributed to the improvement of the gross profit margin, and ordinary profit increased compared to the same period last year.

Fisco JapanNov 21 15:05

Sere Corporation Research Memo (4): Demonstrating high specialization and technical capability as a "manufacturer specialized in apartments" (2)

■Business Overview of Corporation <5078> 3. Rental Management Business entrusted with the management of rental apartments, including rental management services such as tenant recruitment, moving in and out management, rent collection, etc., and maintenance management services such as building inspection and cleaning. The company views the rental management business as the foundation of a circular business model, and under the belief that "Apartment management starts from completion," it embraces the vision of "Apartment Management 100-Year Dock VISION" to accompany customers in their apartment management for a long term, preserving and nurturing asset value.

Fisco JapanNov 21 15:04