No Data
No Data
Urbanet Research Memo (11): The dividend policy is based on a dividend payout ratio of 40%, and there will be two consecutive dividend increases for the fiscal year ending June 2024.
Urbanet Corporation <3242> has a basic dividend policy of targeting a dividend payout ratio of 40% (excluding the impact of tax effect accounting). For the fiscal year ending June 2024, the company implemented an ordinary dividend of 21.0 yen per share, an increase of 3 yen from the previous year (interim dividend of 10.0 yen, year-end dividend of 11.0 yen). The company also plans to maintain the same dividend of 21.0 yen per share (interim dividend of 10.0 yen, year-end dividend of 11.0 yen) for the fiscal year ending June 2025, due to its relatively stable business characteristics and income.
Arbonet Research Memo (10): Striving for contribution to a sustainable society and enhancement of corporate value in accordance with the basic policy of sustainability.
■ Urbanet Corporation <3242>'s approach to ESG and SDGs: 1. Sustainability Basic Policy The company group has set the corporate philosophy of proposing a safe and comfortable 'living' for people and aiming to realize a rich and healthy society. Up to now, the company has been working on solving social issues through its business activities. On November 18, 2021, the 'Sustainability Basic Policy' was established, aiming to improve corporate value along with contributing to a sustainable society.
Urbanet Research Memo (9): Proactive growth investment, including M&A, for expanding existing businesses and enlarging the business portfolio.
■Arbannet Corporation's <3242> medium- to long-term growth strategy: 1. There is no major revision to the direction of the future growth strategy, despite the increasing uncertainty of the external environment due to concerns about cyclical economic volatility, progress in inflation, and the future of monetary easing policies. However, as stated in the disclosure document regarding the subscription rights dated August 24, 2023, along with the expansion of existing businesses and strengthening of stock businesses, synergy creation through M&A is also being pursued.
Urbanet Research Memo (5): Maintaining a high level of performance against the backdrop of a favorable sales environment.
Performance trend 1. Looking back at the past performance trend, the expansion of sales units in urban rental apartments, which are the mainstay, has driven the performance of Urbanet Corporation <3242>. Against the backdrop of financial tightening due to the impact of the 2008 Lehman shock, the performance bottomed out in the June 2011 period. However, along with the movement of financial easing, the performance has followed an expanding trend by steadily piling up development projects, and for the June 2020 period, it is the second consecutive period of expansion.
Urbanet Research Memo (2): Specializing in the development and single-unit sales of urban rental apartments in the central area (1).
■ Corporate Overview of Arbonet Corporation <3242> 1. Overview of the Company The business segments of the company are "Real Estate Business" and "Hotel Business". The "Real Estate Business" is classified into three sub-segments: 1) Real Estate Development and Sales, 2) Real Estate Acquisition and Sales, 3) Others. The main business since its foundation, 1) Real Estate Development and Sales, focuses on urban rental apartments, but also handles condominiums for sale, including land resale. Please note that condominiums for sale
Urbanet Research Memo (1): The fiscal year ending in June 2024 achieved a significant increase in revenue and profit, setting a new record. Business collaborations, M&A activities, etc. are becoming more active.
■Summary: 1. Urban rental apartments focused on locations within a 10-minute walk from train stations in the Tokyo 23 wards are the core business of Urbanet Corporation <3242>. They handle the development and wholesale (BtoB) sale of entire buildings. From land acquisition to planning and architectural design, they specialize in "creating things". As a developer that started from a design office, they sell entire buildings to condominium sales companies, funds, and wealthy individuals.
No Data
No Data