Lead Real Estate reports 2023 EPS JPY43.39 vs. JPY43.83 last year

Reports 2023 revenue JPY17.4B vs. JPY14.3B last year. “We are happy with our progress in fiscal 2023,” said Mr. Eiji Nagahara, Chief Executive Officer of the Company. “During this period, we are proud to have significantly increased our total revenue, which resulted from strong growth in sale prices of land deliveries for single-family homes and condominiums, as well as in sale prices of condominium building deliveries, while maintaining modest growth in our selling, general and administrative expenses compared to fiscal 2022. In addition, we continued to be involved in the planning, development, ownership, and operations of hotels in Tokyo, and our hotels are highly regarded by international guests. In the U.S., our corporate rental properties in Dallas and Los Angeles continue to grow, as does our high-end real estate. We are also committed to the development and operations of GLOCALY, our interactive media platform, enabling us to offer quality services to customers worldwide. Looking forward, we anticipate developing new rental properties in Las Vegas and other U.S. cities.”