Heiwa Real Estate Co., Ltd. · TSE:8803
Heiwa Real Estate — FY2011 Earnings Presentation
22 slides from Heiwa Real Estate's earnings presentation, May 14, 2012
Slide 1: Financial Results for Fiscal Year Ended March 31, 2012
HEIWA REAL ESTATE CO., LTD. Financial Results for Fiscal Year Ended March 31, 2012 HEIWA REAL ESTATE CO., LTD. 2012.05.14 Security Code: 8803
Slide 2: Contents
CONTENTS Page Page Overview of Consolidated Financial Results for Value Chain Case Study – Warehousing Fiscal Year Ended March 31, 2012 - First Year 3 13 Implementation of the Medium-term Management Plan Real Estate Development Business – Information by Segment – Leasing Business 4 14 Development Pr
Slide 3: Overview of Consolidated Financial Results for Fiscal Year Ended March 31, 2012
Overview of Consolidated Financial Results for Fiscal Year Ended March 31, 2012 — First Year of the Medium- term Management Plan Overview of the first year of the Medium-term Management Plan by segment Leasing Business Real Estate Development Business Housing Development Business Lease out Ichiban
Slide 4: Information by Segment – Leasing Business
Information by Segment – Leasing Business Sale of HIROKOJI AQUA PLACE (Nagoya): 2,930 million yen Revenue increase due to new buildings coming into operation and the start of new tenancies: 996 million yen Revenue decrease due to rent reductions/revisions (on the Tokyo Stock Exchange and other
Slide 5: Information by Segment – Real Estate Development Business
Information by Segment – Real Estate Development Business Decrease due to a high base effect arising from the sale of developed properties in the fiscal year ended March 31, 2011 Year-on-year FY ended March 31, 201１ FY ended March 31, 2012 Year-on-year (%) Operating revenue (millions of yen) 3,883
Slide 6: Information by Segment – Housing Development Business
Information by Segment – Housing Development Business Exceeded the beginning-of-period plan by 42 units The Park House Shinjuku Tower: Sales brought forward to the fiscal year ended March 31, 2012 GRANSYMPHONIA (Toda Koen): Higher number of units sold due to strong sales Year-on-year FY ended
Slide 7: Balance Sheet Status
Balance sheet status Note: •The amount of assets not directly associated with the businesses presented, such as assets belonging to the administrative division, is excluded from the amounts below. Status of assets • Inventories include “Operating investment.” • The amounts below are the consolidated
Slide 8: Leasing Business – Distribution of Main Asset Holdings
Leasing Business – Distribution of Main Asset Holdings Sapporo Dogin Bldg. [Hokkaido] Hotel Brighton City The Osaka Securities Dogin Bldg. Osaka Kitahama Exchange Bldg. Shin-Odori Building Sapporo Ekimae Godo Bldg. [Kinki] The Osaka Securities Exchange Bldg. Park East Sapporo Osaka Heiwa Bldg. AFT
Slide 9: Leasing Business – Completion of Ichibancho Heiwa Building
Leasing Business – Completion of Ichibancho Heiwa Building Ichibancho Heiwa Bldg. Location: 3-6-1 Ichibancho, Aoba-ku, Sendai-city Site area: 1,737.99 m2 Total floor area: 11,079.43 m2 Scale: 10 stories above ground Structure: Steel frame and seismic control structure Completion: January 2012 Contra
Slide 10: Leasing Business – Development Projects in Kitahama
Leasing Business – Development Projects in Kitahama e hi Bri abas Nakanoshima Park dg niw ⑤ Na To Keihan Main Line Keih sab an K orig i taha aw ma aR S tatio ive n r ① ⑥ ① Kitahama Station ② Hanshin Expressway ④ ③ Sakaisuji Line Subway Heiwa Real Estate Kitahama Bldg. Location: 2-1-5 Kitahama, Chu
Slide 11: Leasing Business – Changes in Building Vacancy Rates
Leasing Business – Changes in Building Vacancy Rates Changes in vacancy rates (%) HEIWA REAL ESTATE HEIWA REAL ESTATE 当社首都圏 Tokyo metropolitan area 当社全物件 all properties マーケット都心５区（資料：CBRE㈱） Tokyo office market central five wards (Source: CBRE) 8.0 7.0 7.6 6.0 6.0 7.1 6.0 5.0 4.4 3.9 4.0 3.3 2.9 2.9
Slide 12: Real Estate Development Business – Value Chain
Real Estate Development Business – Value Chain HEIWA SERVICE CO., LTD. Property HEIWA REAL ESTATE CO., LTD. Development PM Sale PM acquisition Wholly-owned Dispatching Supply properties directors & employees Diverse exits HEIWA REAL ESTATE Asset Management CO., LTD. Fee income Fee income Investment
Slide 13: Value Chain Case Study – Warehousing Implementation
Value Chain Case Study – Warehousing Implementation HIROKOJI AQUA PLACE Location: 1-5-8 Shinsakae, Naka-ku, Nagoya City, Aichi Site area: 1,389.39 m² (Approx. 420 tsubo) Total floor area: 9,521.09 m² (Approx. 2,880 tsubo) Structure: Steel-framed structure with 11 above- ground floors Purchaser: HEIW
Slide 14: Real Estate Development Business – Development Projects
Real Estate Development Business – Development Projects [Shinjuku Front Tower] [Shinjuku Eastside Square] Location: 2 Kita-Shinjuku, Shinjuku-ku, Tokyo Location: 6 Shinjuku, Shinjuku-ku, Tokyo Site area: 9,628.17 m2 (Approx. 2,912 tsubo) Site area: 25,809.68 m2 (Approx. 7,807 tsubo) Total floor area
Slide 15: Housing Development Business – Condominium Sale Business
Housing Development Business – Condominium Sale Business Name: GRANSYMPHONIA Sakurazutsumi Teien Terrace The Park House Shinjuku Tower Location: Toda-city, Saitama (8 minutes’ walk from Musashino-city, Tokyo Shinjuku-ku, Tokyo Toda Koen Station on the Saikyo Line) (13 minutes’ walk from Higashi-Ko
Slide 16: Nihonbashi Kabutocho Area Redevelopment Project – Objectives
Nihonbashi Kabutocho Area Redevelopment Project – Objectives Nihonbashi Kabutocho, well-known as a financial district, is an area with high potential Served by the Tozai, Easy access to five subway lines BOJ Hibiya, Asakusa, Otemachi Hanzomon and Ginza Proximity to Tokyo Station Convenient access Li
Slide 17: Nihonbashi Kabutocho Redevelopment – Collaboration with Mitsubishi Estate
Nihonbashi Kabutocho Area Redevelopment Project – Collaboration with MITSUBISHI ESTATE CO., LTD. HEIWA REAL ESTATE’s needs MITSUBISHI ESTATE Strengthen development Favorable views on joint development in the Nihonbashi Kabutocho area capabilities Superior track record in redevelopment, mainly in
Slide 18: Environmental Assessment of Buildings (i)
Environmental Assessment of Buildings (i) Use of SMBC’s Environmental Assessment Loan Scheme Acquired the DBJ Green Building Certification CentRise SAKAE The Tokyo Stock Exchange Bldg. The Osaka Securities Exchange Bldg. SMBC SMBC Environmental Assessment Loan Environmental Assessment Loan Asses
Slide 19: Environmental Assessment of Buildings (ii)
Environmental Assessment of Buildings (ii) <Heiwa Real Estate Kitahama Building> SMBC Environmental Assessment Loan Assessment rating: Silver Placed Placed the the core core on on the the south south side side to to curb curb the the heat heat burden burden from from the the exterior exterior wall w
Slide 20: Forecasted Consolidated Financial Results for Fiscal Year ending March 31, 2013
Forecasted Consolidated Financial Results for Fiscal Year ending March 31, 2013 – Second Year of the Medium-term Management Plan Fiscal Year ending Fiscal Year ended March 31, 2012 - March 31, 2013 – First Year of Medium- Second Year of Year-on-Year Year-on-Year (%) term Management Medium-term Plan
Slide 21: Forecast by Segment
Forecast by Segment Leasing Business Fiscal Year ended Fiscal Year ending Revenue increase due to the launch of the March 31, 2013 Year-on-Year Year-on-Year (%) March 31, 2012 (Forecast) operation of a new building, new tenants moving in, etc.: 1.0 billion yen Operating revenue (millions of yen) 2
Slide 22: Second Year of the Medium-term Management Plan: Business Environment, Priority Measures and Dividend
Second Year of the Medium-term Management Plan: Business Environment, Priority Measures and Dividend Enterprises are doing business in a conservative manner due to uncertainties such as the European sovereign debt crisis and the strong yen, Business environment and the effects on these real estate i