May 2021

Hoosiers Holdings (3284)

Medium-Term Management Plan
for FY3/22 to FY3/26

Table of contents
1. Introduction
1-1. Review of the previous Medium-Term
Management Plan
1-2. Business environment
2. Overview of the new Medium-Term Management Plan

4. Business strategy by segment
4-1. Real Estate Development(Condominium Apartments andHouses)4-2. CCRC

4-3. Real Estate Development + CCRC
4-4. Real Estate Investment

2-1. Policies on the new Medium-Term
Management Plan

2-2. Integration of business strategy and
ESG strategy

4-5. Property Management and Related
Services
4-6. Other businesses (PFI)

2-3. Numerical targets
2-4. Shareholder distributions policy

5. Sustainability Initiatives
5-1. Promote ESG management

3. Business portfolio and our strengths

5-2. Specific ESG activities

3-1. Business portfolio
3-2. Our strengths

6. Supplementary material

3-3. Sustainability of housing demand in regional
cities3-4. Trend of urban redevelopment
projects in regional cities

21. Introduction31-1. Review of the previous Medium-Term Management Plan
Robust net sales and ordinary income due to strong sales of Condominium apartments in regional cities contributed to arecord high profit in FY3/19.
Steady growth in demand for house to live was reaffirmed although we could not achieve the target due to an increase in
fixed costs associated with business diversification and the spread of COVID-19. Strategy focusing on “region, seniors
and the wealthy” showed successful results.
Ordinary Income/Profit attributable to owners of parent

Net Sales（Unit: 100 million yen）

（Unit: 100 million yen）

1,100

140

1,150
115

880
80

1,000

850

600
500
369

400

898

852

633

802

64

38 44 30 28

14.3
14.3

15.3

16.3

17.3

Actual results
Revised targets

60
85

700

359
527

50

18.3

19.3

20.3

Initial targets

21.3

15.3

18

16.3

53 33
17.3

69

100

8470
55
45
31
2.7 46 28

18.3

19.3

20.3

21.3

Ordinary Income
Profit attributable to owners of parent
Initial targets
Revised targets (ordinary income)・Number of condominium apartments supplied in regional cities increased to approximately 2,500 units during
FY3/17 to FY3/21, contributing to a significant growth of net sales and profits
・Total number of condominium apartments for seniors supplied exceeded 2,000 units in FY3/21, becoming the top in themarket. Plan to exceed 3,000 units by FY3/26.
・Our unique market approach let to a successful differentiation strategy in area, targets, and manufacturing*Profit represents profit attributable to owners of parent.

41-1. Review of the previous Medium-Term Management Plan
ROE decreased due to capital increase associated with business diversification and failure to achieve target andimpairment loss arising from withdrawal in new businesses.
Our challenge is to secure stable earnings under right-sized level of capital.
Optimization of the capital level has been completed through measures such as capital restructuring (large scalepurchase of own shares) at the end of FY3/2021.

ROE

Total distributions ratio
¥40
¥30

1500%

¥35

¥24

¥24

¥25

¥24

1000%

720%
¥20

548%
500%

¥10
29%

26%

68%

17.3

18.3

19.3

¥0

0%

Dividends per share*ROE = Profit attributable to owners of parent ÷ Shareholders’ equity (average during
the period) × 100

20.3

21.3

Total return ratio*Total distributions ratio ＝ (Total dividends ＋Total amount of own shares purchased)÷ Profit attributable to owners of parent × 100

5

1-2. Business environment
Regarding external environment surrounding the Group, we must identify long-term and important opportunities and risks.

We are entering an era in which companies are required to address social issues proactively, rather than simply pursuing
profits.

External environment

Opportunities

Risks

Aging population/
Increasing nuclear families

・Increase in senior/single-personhouseholds
・Increase in high-quality stock assets

・Decrease in the number of families
・Increase in vacant houses

Diversified set of values/
Spread of COVID-19

・Diversification of working styles/
housing demands
・New business opportunities

・Concerns over business continuity

Concentration of urban population
Depopulation in regional cities

・Urban consolidation in regional cities
・Increase in demand for PPP/PFI

・Deterioration of local finances
・Aging of public infrastructure

Fluctuation/globalizationof world economy

・Increase in inbound demand・Increase in overseas business opportunities

・Increase in global uncertainty

Changes in natural environment
Rise in environmental awareness・Increase in ESG demands
・Actualization of climate change risk
・Increase in demand for eco-friendly products

Evolution of IT/technologies

・ New business opportunities

・Sophistication of information security6

2. Overview of the new Medium-Term Management Plan7

2-1. Policies on the new Medium-Term Management Plan
The new Medium-Term Management Plan for five years from FY3/22 to FY3/26 will drastically restructure both our bases and strategies
in response to recent environmental/social needs by leveraging our strengths since our foundation.
Fundamental strategy focusing on “region, seniors, and the wealthy,” which showed successful results, will remain the same

Establishment of stable supply/
stable earnings system

Strategies

・Restructure all businesses under the theme of“Housing” with regions and proper condominiums forsenior as the core
・Realize stable and sustainable growth through abovemeasures

Challenges for future business growth・ Real Estate Investment business: secure its position as
the second pillar
・ CCRC: start making profit and become the third pillar
・ Overseas business: start making profit from FY3/22 tobecome the pillar in 10 years

・Ensure to improve capital efficiency as a source ofcorporate value

Integration of business strategy
and ESG strategy

Ongoing enhancement ofcorporate value focusing on
all stakeholders

Bases

・Contribute to solving social issues through our business・ Continue to enhance financial base・Continue to enhance corporate governance・ Continue to improve ROE・Respond to global uncertainty/risk management

・ Enhance shareholder distributions82-2. Integration of business strategy and ESG strategy■Initiatives to solve social issues - We create the Life that you dream (1) Regional revitalization: Contribute to regional revitalization through Real Estate Development (regional
redevelopment), PFI business, and related services(2) Super-aged society: Provide new lifestyles meting a super-aged society mainly through CCRC
(3) Diversity: Provide diversified living styles mainly through Real Estate Investment (rental) andcondominium apartments
Importance to society: Social issues- Create a resilient city ・Response to diversified set of values inlight of COVID-19
・Initiatives for regional revitalization
・Response to super-aged society- Become a sustainable company ・Response to uncertainty/changes in realestate market
・Enhancement of corporate governance anddiversity
・Environmental friendliness and workstyle reforms
Relation with Hoosiers

92-3. Numerical targets
Improve profitability and slim down balance sheets to achieve stable earnings growth and improve financial soundness
Plan to improve ROE and EPS through completed capital restructuring

Plan net sales of around ¥92 billion in FY3/26, without pursuing excessive scale expansion
Capital and financial policies
Profit plan
Ordinary income

ProfittargetProfit attributable to ownersof parent¥10 billion¥6.5 billion

Ordinary income margin
over 10％

Capitalefficiency（Unit: 100 million yen）

Ordinary Income

16.0%

ROE

Over 15％
D/E ratio

Financial
indicator

Maintain
D/E ratio at
approx. 2.0 times

ROE

15%

8

Profit attributable to owners of parent

7
12.0%

75

65
50

46
28

48

42

31

85

6

10%

100

5

8.1%
55

65

4

8.0%

Maintain D/E ratio of approx. 2.0 times

3
2

4.0%

2.3×
21.3

22.3

23.3

24.3

25.3

26.3

0

0.0%

21.3

(Forecast)(予想)
Ordinary
income46

Profitattributable toowners of parent

28

50
31

1
22.3

23.3

24.3

25.3

26.3

(Forecast)
65
42

75
48

85
55

100
65

D/E ratio

2.3 times

ROE

8.1%

Approx.

Approx.

2.0 times

2.0 times

Over 10%

Over 15%■Improvement of profit margin[Improvement of business cycle/efficient use of B/S] → Improve gross profit margin in residential property sales business and reduce sales/inventory costs[Strengthening of business portfolio] → Expand highly profitable business (rental profit/overseas share of profit of entities accounted for using equity method)
All forecasts provided in this page are based on certain reasonable assumptions and beliefs in light of information currently available and, therefore, it is not intended for guaranteeing to meet them. Actual results may differ from our forecasts due to various unforeseen reasons.

102-4. Shareholder distributions policy
Revised the distributions policy from “total distributions ratio of over 40%” to “payout ratio of over 40% and DOE of over 4%”
With the introduction of DOE, enhance the shareholder distributions by improving the downward rigidity of dividends while
maintaining performance-linked profit distributions

Dividends per Share75
Dividends (interim)
Dividends (year-end)

55

¥36

¥35
35
15
-5

¥24

¥24

¥25

12

10

13

12

14

12

17

17.3

18.3

19.3

20.3

18

72

¥24
18
6
21.3

22.3

23.3

24.3

25.3

26.3

(Forecast)Profit attributableto owners ofparent¥3.3
billion¥4.5
billion¥3.1
billion¥2.7
billion¥2.8
billion¥3.1
billion¥6.5
billion

Payout ratio

19.7%

20.2%

44.9%

720.1%

47.1%

41.1%

Over 40%

ROE

14.5%

13.6%

7.4%

0.6%

8.1%

Over 10%

Over 15%

DOE

2.9%

3.5%

3.3%

4.6%

3.1%

Over 4%

Over 4%*DOE = Total annual dividends ÷ Shareholders’ equity × 100*Shareholders’ equity = Net assets - Non-controlling interests - Subscription rights to shares
All forecasts provided in this page are based on certain reasonable assumptions and beliefs in light of information currently available and, therefore, it is not intended for guaranteeing to meet them. Actual results may differ from our forecasts due to various unforeseen reasons.

113. Business portfolio and our strengths

12

3-1. Business portfolio
・Real Estate Development is our predominant core business and absolute earnings base・CCRC and Real Estate Investment are growing into new pillars
・Management/senior housing operation are expected to show a steady growth with an increase in condominium supply
・Further enhance CCRC and Real Estate Investment and seek the growth with overseas business as a candidate fornext pillar

Core business

Strategic move for the
future market growth

Source of corporate value

The second pillarof the Group

Real Estate
Development

Real estate
investment

CCRC

Condominiums/
HousesCondominium
apartments forseniors

To becomea future pillar

Related business

Increase the Group’s added value
through inter-business cooperation

Relatedservices

Relatedservices

HotelsSportsStreamlining phase

Real Estate
Investment

Overseas

Income-producing
property

Increase the Group’s
added value throughinter-business cooperation

Stable growth

Relatedservices
Other

CCRC

Management

Seniorhousing
operation

PFI

Scaling phase*An image of average profit composition during the period covered by the Medium-Term Management Plan, not of a particular single year.
The size of a circle represents the size of profit of each business.

133-1. Business portfolio
Build business portfolio focusing both on growth and steadiness

Real Estate
Development
Business unit

Condominiums
Tokyo
metropolitan
area

Area
Profit type

Regions

CCRC

Tokyo
metropolitan
area

Customer Group

Buying to
live

Senior management

Rentalhousing

Tokyo metropolitan area
Development
profitDevelopment profit

Profit composition
Familyhouseholds(middle class)
Seniorhouseholds(wealthy)

Condominiums
for seniors

HousesReal Estate Investment

Fee service
revenues

Flats

Sales ofbuilding

Tokyo metropolitan area/Regions
RentalprofitDevelopment
profitDevelopment
profit70-80%◎○◎

Investment
management

Fee service
revenues

Overseas

Property Management
and Related Services

Other

Sportsclubs

PFI

Condominium
management

HotelsNorth America/Asia

Tokyo metropolitan area/Regions

Regions

Development profit

Fee service revenues

Fee service
revenues

15-25%

Under 5%

-

-

-

-

-

-

○

◎

◎

◎

-

(Asia)

○

◎

-

◎

◎

-

-

-

-

-

◎

-

-

-

Individual
investors

-

-

-

-

-

-

◎

-

-

-

-

-

-

-

Corporates/Investors（Fund/REIT)

-

-

-

-

-

-

○

○

-

-

-

-

-

Buying toinvestMajor characters/strengths

Strategic policy

Condominium development inregional cities (low competition)

New business model looking
ahead of market expansion

・ Secure stable supply and stableearnings structure
・ Improve profitability and slim downbalance sheets
・ Ensure awareness of capital efficiency○(NorthAmerica)Development capability that only developers have
Ability to suggest for diversifying life styles

・ Continue investment in incomeproducing properties and enhancedevelopment of rental housing
・ Assess the balance between holding
and selling based on the market
condition

Stable earnings
Affinity with local redevelopment

・Minimize burden on balance
sheets・Maximize synergies withother businesses

・ Proceed with overseas business bycarefully considering risks andopportunities in each country143-2. Our strengths
・The source of the Group’s corporate value is condominium apartments sales business in regional cities
・It’s our core business accounting for more than 60% of consolidated profit in the Medium-Term Management Plan period
・Under the corporate slogan “We create the Life that you dream,” we deliver products to market where there are needs but no supply (= lowcompetition)
・We recognize it as stable business not influenced by real estate market condition as the property is purchased to live and in regional cities.
Diversified set of values in living style triggered by COVID-19 has become a tailwind
・It is a highly profitable business with extremely high capital efficiency as long as we can identify demand correctly

Ratio of units supplied of new
condominium apartments
500,000 or more

Source of strength
・Coordination with local governments (statutory redevelopment, etc. )Tokyo
metropolitan
arease.g., Shiga, Tsukuba
・Marketing power (identify demands in cities with a population of 300,000 or less)

Purchased
to live100%

e.g. Kushiro, Ishinomaki
・Human resources to support planning/development
e.g. Product development from a female point of view (there are many female customers)
・Coordination with other divisions of the Group

100,000 to
500,000

e.g. Renovation of old properties, sourcing capability and contents appeal

less than 100,000
N = 3,961 units*Results from FY3/17 to FY3/21*Tokyo metropolitan area includes Tokyo, Kanagawa, Chiba, Saitama and areas along the
Tsukuba Express line (Ibaraki), excluding the supply of compact condominiums

Group synergies in regional cities development
Real Estate
Development

Condominium
sales

Relatedservices

Sports club operation(vitalization contents)

Relatedservices

Condominium
management

Real Estate
Investment

Income-producing properties ingood location in regions(preparation for future)

Local governments(in line with the governments’ policies/measures)

Other

PFI business(coordination with local
governments)15

3-3. Sustainability of housing demand in regional cities
Our own marketing research shows that there will be sufficient potential demand for housing (annual supply level in thepast + approx. 1,000 units per year for α year) in around 50 cities located in our core target areas even with a declining
trend in population.

Supply of condominium apartments andpotential demand (estimate)

Future trend of potential demand for
condominium apartments (estimate)(Unit)

12,137 11,833
5,903

5,900

Estimated total
demand in thelast 5 years:
12,000 units

6,100

5,599

11,441 10,999

10,514

5,207

4,765

4,280

6234

6234

6234

6234

6234

2015

2020

2025

2030

2035

|

|

|

|

|

2020

2025

2030

2035

2040

Supplied

Assuming
supplyremains
constant

Unmet demand*Cities covered by the above graphs are approximately 50 cities located in our core target areas (without excessive competition and strong demand) during therecent five years from 2016 to 2020.
Source: Estimated by the Company based on “2015 National Population Census” by Statistics Bureau, Ministry of Internal Affairs and Communications, 2016 and “Regional
Populations Projections for Japan (2018 est.)” by National Institute of Population and Social Security Research, 201816

3-4. Trend of urban redevelopment projects in regional cities
The Company obtained a very large market share in smaller cities where other companies find it difficult to enter as theCompany saw a strong need to transform into a compact city and has been building up achievements in this areaahead of our peers

Breakdown of urban redevelopment
projects in the last 5 years

Other redevelopment projects
underway（excluding the three major metropolitan areas)
NO.

Project name

Prefecture

Area

Type

Participation
type

Project stage

Sales Phase

Grant of subsidy isapproved

On sale1

Ishinomaki Chuo 2-4 district Miyagi

OthersDevelopment businessfor excellent buildings, Independentetc.

2Tajimi Ekinan district

Gifu

Metropolitan
area

Category 1. urban
redevelopment project

JV

Right transfer plan isapproved

On sale3

Honatsugi Ekiminamiguchi
district

Kanagawa

Metropolitan
area

Category 1. urban
redevelopment project

JV

Right transfer plan isapproved

On sale4

Oyamacho Crosspoint
district

Tokyo

Metropolitan
area

Category 1. urban
redevelopment project

JV

Right transfer plan isapproved―

5

Mito Ekimae Sannomaru
district

IbarakiMetropolitan
area

Category 1. urban
redevelopment project

Independent

Project plan isapproved―

6

Ome Ekimae district

Tokyo

Metropolitan
area

Category 1. urban
redevelopment project

JV

Project plan isapproved―

7

Tawaramoto Ekinan district

Nara

Metropolitan
area

Category 1. urban
redevelopment project

Independent

Project plan isapproved―

8

Fukui prefecture project

Fukui

Others

―

―

―

―

9

Aomori prefecture project

AomoriOthers

―

―

―

―

10

Tochigi prefecture projectTochigi

Metropolitan
area

―

―

―

―

*Above projects are not included in the graph on the left

*Target urban redevelopment projects are the projects in the areas excluding the three major metropolitan areas in the last five years (2016-2020) that include
condominium development business and have completed any of the procedures from city planning decision to project completion.
Sources: Prepared by the Company based on “Urban redevelopment 2020 (data)” by Urban Renewal Association of Japan (2020) 17

4. Business strategy by segment18

4-1. Real Estate Development (Condominium Apartments and Houses)■Future vision

Movements towards urban consolidation
・Increase in the number of municipalities developing location optimization plans
・Movements toward redevelopment of cities are becoming active including city centers

Strengthen profit structure and realize stablebusiness growth as a core business of
the Group■Market forecast■Features of Hoosiers・Diversifying set of values andneeds
・Strong demand for buying-to-live
property
・Urban consolidation in regional
cities・Specialize in the needs for buying
to live (market fluctuations = small)・Focus on regional cities (competition= less)・Half of our customers for
Condominium apartments are seniors* A location optimization plan is a plan to guide various urban functions such as residentialfunctions, medical care, welfare, commerce, and public transportation based on the revised
Act on Special Measures concerning Urban Reconstruction.

Strategic policy considering COVID-19

Changes in housing needs■Business strategy
・Strengthen product development by accurately identifying
customers’ diversifying housing needs and demand/supply
balance in the real estate market
・For condominium apartments, promote city center redevelopment
business in regional cities
・For houses, focus on short-term business cycle, supplement
pipeline and realize highly profitable structure✓ Needs for richer living environments while
maintaining a certain level of convenience ineveryday life are emerging

Convenience ineveryday life
Diversified
working style(moving away fromcity center)(Access to a city, etc.)

Richer living
environment(room size, natural environment,
etc.)

Strategic policy
Reinforce development
projects in regional city
centers and suburban
areas of regional large
cities, with regional
redevelopment
business throughstrong partnership withgovernments as a core

Source: Prepared by the Company based on” Status of efforts to create a site optimization plan(2021)” by Ministry of Land, Infrastructure, Transport and Tourism

19

4-2. CCRC (Condominium apartments for seniors/Management）■ Future vision

Future trends of healthy seniors inmetropolitan areas

Continue and advance the leading position in
condominium apartments business forhealthy seniors

・The number of healthy seniors is increasing and about five timesof those with certification of needed long-term care (support)(Unit: 10,000 people)
Actual■ Market forecast■ Features of Hoosiers・Diversifying set of values andneeds
・Increase in senior population
・Supply-demand crunch of
facilities for senior citizens

・Abundant information on land
procurement
・Accumulated development andoperation know-how
・Track record of cumulative supply
in metropolitan areas

Estimate

632
513
51

94

462

538

2000

2005

・ Continue to promote condominium apartments for seniors business inanticipation of market expansion due to advancement of super-agedsociety under the themes of “ownership-type” and “seniors only”
・ Improve balance sheets by supplying appropriate number of units andimproving business efficiency
・ Expand the operation business to ¥2 billion level in net sales in FY3/26 inline with an increase in cumulative total supply

202

944

1,007

1,030

2035

2040

2045

1,073

170

175

185

166

793

850

870

898

2015

2020

2025

2030

151

116

655

2010

Healthy seniors■ Business strategy

1,232

197

1,040

944
771

1,204

1,128

1,016

People with care needs/support needs certification*Healthy seniors are those aged 65 or over*The metropolitan area is defined as Tokyo and three surrounding prefectures +along the TX line (Ibaraki prefecture)

Summary of condominium
apartments for seniors

Duo Scene

Concept✓Offer comfortable life just like your home
✓Have ownership with asset value✓Generous support such as preventive medical careand preventive nursing care

Enjoy the life thatyou dreamｚ
Ownership
Asset value
Freedom inlifestyle

Monitoring

HealthMedicalcare

Nursing

Extend healthy life
years, and enjoy
you own life as longas possible

Source: “Long-term care insurance business status report (2017) “ by Ministry of Health, Labour and Welfare (2017) and “Regional Populations Projections for Japan (2018 est.)” by
National Institute of Population and Social Security Research, 201820

4-3. Real Estate Development ＋ CCRC
Focus management resources on “residential property development” business having a potential for earnings growthand secure a certain level of supply and net sales
Contribution to profit attributable to owners of parent is estimated to be more than ¥3 billion on a steady basis after
FY3/23, generating source for dividends with DOE at 4%

Units (to be) delivered(Units: number of units)

Net sales(Units:100 million yen)

(Forecast)

Constantly
around1,500 to 1,700
units

Constantly
around60 to 65
billion yen～～(Forecast)* The number of units (to be) delivered above is the sum of condominium apartments, houses, and condominium apartments for seniors.
Figures are before elimination of intersegment transactions and are rounded down to the nearest million yen.

21

4-4. Real Estate Investment■ Future vision
Income-producing asset portfolio policy

Become the second pillar that can reduce
downside risk and capture upside risk
■ Market forecast■ Features of Hoosiers・Diversifying lifestyle・Expansion of REIT market
・Reaffirm solid demand forresidential assets

・Sourcing network inmetropolitan areas andregional cities
・Development capability as
a developer

・Aim to increase the ratio of rental residences and well-located offices inregions that can be redeveloped into condominium apartments to 75%of the total assets

Other
20%

Hotels20%

Residences
20%

Other
25%

FY3/21

FY3/26¥35
billion¥45
billion

Offices
20%

75%

Residences/offices that can be
redeveloped into condominium
apartments

Commercial
20%*Based on book value■ Business strategy

Business scheme of private REIT・As for procurement, focus on well located property in regions with aview to future redevelopment

・Private REIT will contribute to diversification of exit strategies in the development
business and an increase in management fee in the future

・Develop products and asset portfolio that only developers can offer
・Decide the holding period and timing of selling flexibly while building up
holding assets, to optimize earnings and control balance sheets
・Aim to originate private REIT in FY3/23 to contribute to diversification of exit
strategies and an increase in future management fee
・Overseas business will turn positive in FY3/22 to grow into a pillar in 10 years

Hoosiers Group

Private REIT
Supply pipeline

SellerDebt(sponsor)
Collect funds
Property
management

・Income-producing properties: Aim to generate net sales of over ¥15 billion(including rent revenues of ¥3 to 4 billion). Toward this target, decide
whether to sell or hold considering the market condition

Asset
EquityAsset manager
Management fee
income22

4-5. Property Management and Related Services■ Future vision
Increase in No. of condominium apartments under management

Establish stable earnings structure withoutburden on balance sheets・Stable growth in line with the increasing supply of condominium
apartments by the Group（Unit: 1,000 units)■ Market forecast■ Features of Hoosiers・Diversifying set of values and needs

・Abundant experiences in managing
condominium apartments

・Intensifying competition to
reduce management costs ofcondominium apartments
・Weak inbound demands

・Know-how of facility management
across Japan・Cooperation with group companies
and comprehensive capabilityGroup synergies through cooperation between businesses
Case: Harayama Park redevelopment/operation project■ Business strategy
・ Condominium management: Increase stable earnings and provide new
added value

Development
Sport business(Facility
operation)

Cooperation

Nursing
PFI・ Hotels and sports clubs: Reduce new openings that add burden onbalance sheets
・ Sports clubs: Create group synergies in regional redevelopment and PFI・ Hotels: Mainly aim to hold assets within the Group for future use andoperate the hotels while holding

Business development with an eye on housing development

Well located old hotels(offices) in regional cities…

Management

Houses, etc.

…

Rebuild

Purchase

・Aim at segment sales of around ¥10 billion.
Continuous growth of profit with the management of condominium
apartments supplied by group companies as a core

Management

Timeaxis
axis
Time

…

Sale or lease23

4-6. Other businesses (PFI)■Future vision

Increase in No. of PFI projects

Generate group synergies of the Company having
strength in “regions” and drive ESG activities■ Market forecast
・Aging public infrastructure
・Deterioration of local governments’finance・Urban consolidation in regional cities■ Features of Hoosiers・National branch network
・Know-how of operations andmanagement of public facilities

・Cooperation with group companies andcomprehensive capability

Promotion of ESG activities through PFI business■ Business strategy
・ Cooperate with various divisions in development, maintenance,
operation, and management and aim at increasing new projects by
taking advantage of our comprehensive proposal capability
・ Contribute to solving social issues and promote ESG activities
through our business activities

Business Consortium

Management

Maintenance/
operations

Facility
operation

Provide public services

Construction

Design/supervision

Contribute to solving
regionalsocial issues（social contribution)

PromoteESG activities

Hoosiers Group

24

5. Sustainability Initiatives

25

5-1. Promote ESG management
Integrate business strategy and ESG strategy to continuously enhance corporate value and contribute to realization ofsustainable society

Structure to promote ESG

Annual meeting of shareholders

Integrate business strategy
and ESG strategy

Business

ESG

strategy

strategy

Board of Directors

Sustainability Promotion Office
Officer in charge: CEO and President
Established in: April 2021
Description: Develop a direction and measures,
implement and support measures,
manage progress, etc.

Toward ESG management✓ Establishment of Sustainability Promotion Office: After April 2021
✓ Disclosure of Sustainability Report: May 13, 2021

Each business division
Description: Implement measures/manage progress✓ Restructuring of the Board of Directors: After June 2021
✓ Prepare a disclosure system with an eye toward the move to thePrime Market: By March 202226

5-2. Specific ESG activities
The entire Group will work on the ESG themes and aim at creating new value and contributing to society throughbusiness activities
ESG themes

Material issues

Related SDGs

Policy・Diversifying housing needs
・Response to super-agedsociety・Offer products and services responsive tochanging lifestyle such as "DUO SCENE"
seriesCollaborative
regional
development

・Vitalization of city centers
・Vitalization of regional economy

・Participate in urban redevelopment
business
・Participate in PFI business

Environment

・Response to climate changes
・Effective use of resources

・Use existing properties
・Implement initiatives for resource/energy
saving・Manage waste appropriately

Wellness

・Employee health management
・Promote diverse human resources
・Provide adequate working
environment

・Ensure risk management and compliance
・Promote proactive participation of female
employees and support childcare andnursing care・Implement fair evaluation andcompensation system

Governance・Enhance corporate governance・Promote compliance・Risk management

・Set up Compliance/Risk Control
Committee
・Develop Hoosiers Group Action
Guidelines
・Establish a risk management system

・Conservation and managementof tangible cultural properties
・Recovery support fordisaster-stricken areas

・Conserve and manage tangible culturalproperties
・Promote recovery support activities

Affluent
lifestyle

Key themes
Basic themes

Social/community service activities27

6. Supplementary material

28

■ List of new condominium apartments/Condominium apartments for seniors(completed or to be completed in FY3/22)
Real Estate Development/

Real Estate Development/

Real Estate Development/

New condominium apartments

New condominium apartments

New compact condominiums■Property Details *Healthcare Condominium
1-chome, Miyamae 2-jo, Asahikawa City,
Location
Hokkaido
Transportation

Hakodate Main Line, Asahikawa, 3-min.
walk■Property Details■Property Details■Property Details
Location

Duo Scene Funabashi Takanedai (Chiba Pref.)Duo Veel Sapporo Nakajima-Koen (Hokkaido)

Duo Hills Kasugai (Aichi Pref)

Duo Sante Asahikawa Kitasaito (Hokkaido)

CCRC/Condominium Apartments for seniors

1-chome, Chuodori, Kasugai City, Aichi

1-chome, Minami 11-jo Nishi, Chuo-ku,

LocationTransportation

Chuo Main Line, Kasugai, 6-min. walkTransportation

Sapporo City, Hokkaido
Nanboku Line, Nakajima-Koen, 7-min.
walk

LocationTransportation

1-chome,Takanedai, Funabashi City,
Chiba
Shin-Keisei Line, Takanekodan 4-min.
walkMarch 2021 (to be delivered to customers

Completion

To be completed in late February 2022

Completion

To be completed in late January 2022

Completion

To be completed in late February 2022

Completion

Floor plan

1LDK-2LDK

Floor plan

2LDK-3LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

13 stories above groundNo. of stories

13 stories above groundNo. of stories

15 stories above groundNo. of stories

10 stories above groundTotal units

Owner's room 90 units

Total units

48 units

Total units

54 units

Total units

207 units■City Information*As of May 2021

■City Information

City sizeCore city

City size

Population

331,644

Population*As of May 2021

Special city at the time of the effective
date
306,538■City Information*As of May 2021

from August 2021)■City Information*As of May 2021

City size

Ordinance-designated city

City sizeCore city

Population

1,961,519

Population

641,690*Core city：designated by government ordinance based on the*Special city at the time of the effective date: designated by※Ordinance-designated city: designated by government ordinance※Core city：designated by government ordinance based on theoffer from a city with a population greater than 200,000

government ordinance based on the offer from a city withamong the city with a population greater than 500,000.

offer from a city with a population greater than 200,000

a population greater than 200,000

Duo Hills Yamagata Nanukamachi Tower (Yamagata Pref.)Transportation
Completion

2-chome, Nanukamachi, Yamagata City,
Yamagata
Shinkansen, Yamagata, 19-min. walk
March 2021 (to be delivered tocustomers from April 2021)

LocationTransportation

Duo Scene Omiya (Saitama Pref.)Duo Veel Sendai Kamisugi (Miyagi Pref.)■Property Details■Property Details■Property Details■Property Details
Location

Duo Hills Chiharadai Mae (Chiba Pref.)2-chome, Chiharadai Nishi, Ichihara City,
Chiba
Keisei Chihara Line, Chiharadai, 3-min.
walk

2-chome, Kamisugi, Aoba-ku, Sendai

Location

City, Miyagi
Nanboku Line, Kita-Yobancho, 2-min.

Transportation

walk

LocationTransportation

4-chome, Onaricho, Kita-ku, Saitama City,
Saitama
Saitama New Urban Transit, TetsudoHakubutsukan, 8-min. walkCompletion

To be completed in early March 2022

Completion

To be completed in late November 2021

Completion

To be completed in late August 2021

Floor plan

3LDK-4LDK

Floor plan

2LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

20 stories above groundNo. of stories

12 stories above groundNo. of stories

13 stories above groundNo. of stories

10 stories above groundTotal units

144 units

Total units

106 units

Total units

58 units

Total units

266 units■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City sizeCore city

City size-

City size

Ordinance-designated city

City size

Ordinance-designated city

Population

247,613

Population

268,397

Population

1,092,478

Population

1,319,630※Core city：designated by government ordinance based on※Ordinance-designated city: designated by government※Ordinance-designated city: designated by government ordinancethe offer from a city with a population greater than 200,000

ordinance among the city with a population greater than 500,000.

among the city with a population greater than 500,000.

■Property Details■Property Details■Property Details
Location

Duo Veel Nishijin (Fukuoka Pref.)Duo Hills Chiba Chuo (Chiba Pref.)Duo Hills Grand Kyu-Karuizawa (Nagano Pref.)Ooaza Karuizawa, Karuizawamachi,
Kitasaku-gun, Nagano

Location

Chuo 3-chome, Chuo-ku, Chiba City,
Chiba

Sohara, Fukuoka Sawara-ku, Fukuoka

Location

City, Fukuoka

Transportation

Shinkansen, Karuizawa, 29-min. walkTransportation

Sobu Line, Chiba, 12-min. walkTransportation

Airport Line, Nishijin, 5-min. walkCompletion

To be completed in late January 2022

Completion

To be completed in late December 2021

Completion

To be completed in late July 2021

Floor plan

2LDK

Floor plan

2LDK-3LDK

Floor plan

1LDK-2LDK

No. of stories

2 stories above groundNo. of stories

18 stories above groundNo. of stories

15 stories above groundTotal units

19 units

Total units

64 units

Total units

57 units■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City size-

City size

Ordinance-designated city

City size

Ordinance-designated city

Population

41,890Population

982,429

Population

1,603,043

among the city with a population greater than 500,000.

Duo Veel OHORIKOEN CLASS（Fukuoka Pref.）■Property Details■Property Details■Property Details

Transportation※Ordinance-designated city: designated by government ordinanceamong the city with a population greater than 500,000.

PROUD Setagaya Daita (Tokyo)

Duo Hills Arimatsu (Aichi Pref.)Location※Ordinance-designated city: designated by government ordinanceYonezuka, Narumicho, Midori-ku, Nagoya
City, Aichi
Meitetsu Nagoya Main Line, Arimatsu, 4min. walk

2-chome, Otemon, Chuo-ku, Fukuoka

Location

3-chome, Daita, Setagaya-ku, Tokyo

LocationTransportation

Odakyu Line, Umegaoka, 9-min. walkTransportation

Airport Line, Ohorikoen, 6-min. walk

March 2021 (to be delivered toCity, Fukuoka

Completion

To be completed in late February 2022

Completion

Completion

To be completed in late August 2021

Floor plan

2LDK-4LDK

Floor plan

2LDK-3LDK

Floor plan

1LDK-2LDK

No. of stories

10 stories above groundNo. of stories

3 stories above groundNo. of stories

11 stories above groundTotal units

39 units

Total units

49 units

Total units

20 units■City Information*As of May 2021

customers from December 2021)■City Information*As of May 2021

■City Information*As of May 2021

City size

Ordinance-designated city

City size

Special ward

City size

Ordinance-designated city

Population

2,327,689

Population

941,985

Population

1,603,043※Ordinance-designated city: designated by government ordinance※Ordinance-designated city: designated by government ordinanceamong the city with a population greater than 500,000.

among the city with a population greater than 500,000.

* For details of properties, please confirm in PDF.

29

■ List of new condominium apartments/Condominium apartments for seniors(completed in FY3/21)
Real Estate Development/

Real Estate Development/

Real Estate Development/

Real Estate Development/

New Condominium Apartments

New Condominium Apartments

New Compact Condominiums

New Compact Condominiums

THE TOWER OBIHIRO（Hokkaido/JV property）

Duo Hills WAKAYAMAJYOU (Wakayama Pref.)■Property Details
LocationTransportation

Duo Veel Sapporo-Minami 5jo (Hokkaido)■Property Details
9-chome, Nishi 3-jo Minami, Obihiro
City, Hokkaido
Nemuro Main Line, Obihiro, 6-min.
walk

LocationTransportation

Duo Veel Hikawadai (Tokyo)■Property Details
Kitamigiwacho, Wakayama City,
Wakayama
Kisei Main Line, Wakayamashi, 11-min.
walk

Location

CCRC/Condominium Apartments for seniors

Duo Scene Sagamihara Kamimizo Ekimae (Kanagawa Pref.)■Property Details
1-chome, Minami 5-jo Nishi, Chuo-ku,
Sapporo City, Hokkaido■Property Details

Location

3-chome, Sakuradai, Nerima-ku, Tokyo

Location

1-chome, Yokodai, Chuo-ku, Sagamihara
City, Kanagawa

Transportation

Toho Line, Hosui-Susukino, 3-min. walkTransportation

Yurakucho Line, Hikawadai, 4-min. walkTransportation

Sagami Line, Kamimizo, 2-min. walkCompletion

October 2020

Completion

June 2020

Completion

February 2021

Completion

September 2020

Completion

June 2020

Floor plan

2LDK-3LDK

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

19 stories above groundNo. of stories

13 stories above groundNo. of stories

15 stories above groundNo. of stories

5 stories above groundNo. of stories

10 stories above groundTotal units

147 units

Total units

38 units

Total units

42 units

Total units

34 units

Total units

233 units■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City size-

City sizeCore city

City size

Designated city

City size

Special ward

City size

Designated city

Population

164,985

Population

352,817

Population

1,960,755

Population

743,634

Population

722,973

Duo Hills Fukui Ekimae (Fukui Pref.)*Ordinance-designated city: designated by government ordinance*Designated city: a city designated by government ordinanceapplication by a city with a population over 200,000

among the city with a population greater than 500,000.

among the cities with a population over 500,000.

Duo Hills Yokkaichi Unomori (Mie Pref.)■Property Details
Location*Core city：designated by government ordinance based on the

Duo Veel Sapporo-hokudaimae Grace (Hokkaido）■Property Details
1-chome, Chuo, Fukui City, Fukui

LocationTransportation

Hokuriku Main Line, Fukui, 4-min. walkTransportation

Completion

March 2021

Completion

Floor plan

1LDK-4LDK

No. of stories
Total units

Duo Veel Asakusa (Tokyo)■Property Details
2-chome, Unomori, Yokkaichi City, Mie
Kintetsu Nagoya Line, Kintetsu-

Location

Duo Scene Yokohama Higashitotsuka (Kanagawa Pref.)■Property Details
3-chome, Kita 12-jo Nishi, Kita-ku, Sapporo
City, Hokkaido■Property Details

Location

3-chome, Asakusa, Taito-ku, Tokyo

Location

3-chome, Gontazaka, Hodogaya-ku,
Yokohama City, Kanagawa
Yokosuka Line, Higashi-Totsuka, 10-min. by

Transportation

Nanboku Line, Kita-Juni-Jo, 2-min. walkTransportation

Tsukuba Express, Asakusa, 5-min. walkTransportation

January 2021

Completion

August 2020

Completion

February 2021

Completion

November 2020

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

7 stories above groundNo. of stories

15 stories above groundNo. of stories

13 stories above groundNo. of stories

12 stories above groundNo. of stories

5 stories above ground75 units

Total units

42 units

Total units

84 units

Total units

34 units

Total units

186 units■City Information*As of May 2021

City sizeCore city

Population

259,557■City Information
City size*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

Yokkaichi, 8-min. walk*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

bus

■City Information*As of May 2021

Special city for the enforcement period

City size

Designated city

City size

Special ward

City size

Designated city

310,263

Population

1,960,755

Population

210,801

Population

3,757,630*Special city for the enforcement period: designated by*Designated city: a city designated by government ordinance*Designated city: a city designated by government ordinancegovernment ordinance based on the application from a city with aamong the cities with a population over 500,000.

among the cities with a population over 500,000.

population over 200,000

Duo Hills Tsukuba Century (Ibaraki Pref.)Duo Hills Hineno The Premium (Osaka)■Property Details
LocationTransportation

Duo Veel Akabane East (Tokyo)■Property Details
1-chome, Takezono, Tsukuba City,
Ibaraki
Tsukuba Express, Tsukuba, 11-min.

LocationTransportation

Duo Veel Yakuin est（Fukuoka Pref.）■Property Details
Hineno, Izumisano City, Osaka
Kansai Airport Line, Hineno, 2-min.

■Property Details
1-chome,Takasago, Chuo-ku, Fukuoka City,

Location

1-chome, Shimo, Kita-ku, Tokyo

LocationTransportation

Nanboku Line, Shimo, 2-min. walkTransportation

Nanakuma Line, Yakuin, 7-min. walk

FukuokaCompletionwalk
October 2020

Completionwalk
June 2020

Completion

May 2020

Completion

January 2021

Floor plan

2LDK-4LDK

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

14 stories above groundNo. of stories

15 stories above groundNo. of stories

11 stories above groundNo. of stories

14 stories above groundTotal units

229 units

Total units

89 units

Total units

50 units

Total units

52 units■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City size

Special city for the enforcement period

City size-

City size

Special ward

City size

Designated city

Population

247,011

Population

99,328Population

353,155

Population

1,603,043*Special city for the enforcement period: designated by*Designated city: a city designated by government ordinancegovernment ordinance based on the application from a city with aamong the cities with a population over 500,000.

population over 200,000

Duo Hills Obu The Residence (Aichi Pref.)Duo Hills Oita Nakashima (Oita Pref.)■Property Details

Duo Veel Kawaguchi-shiba terrace (Saitama Pref.)■Property Details■Property Details
2-chome, Nakashimanishi, Oita City,

Location

7-chome, Chuocho, Obu City, Aichi

Location

Location

Shibashinmachi, Kawaguchi City, Saitama

Transportation

Tokaido Main Line, Obu, 4-min. walkTransportation

Nippo Main Line, Oita, 17-min. walkTransportation

Keihin-Tohoku Line, Warabi, 7-min. walkCompletion

August 2020

Completion

March 2021

Completion

September 2020

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

No. of stories

15 stories above groundNo. of stories

15 stories above groundNo. of stories

12 stories above groundTotal units

68 units

Total units

99 units

Total units

66 units■City Information*As of May 2021

Oita

■City Information*As of May 2021

■City Information*As of May 2021

City size-

City sizeCore city

City sizeCore city

Population

92,430Population

475,962

Population

593,947*Core city：designated by government ordinance based on the*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

application by a city with a population over 200,000

The Parkhouse Hon-Atsugi Tower (Kanagawa Pref./JV property)■Property Details
Location

1-chome, Asahicho, Atsugi City,
Kanagawa

Transportation

Odakyu Line, Hon-Atsugi, 1-min. walkCompletion

February 2021

Floor plan

2LDK-3LDK

No. of stories

22 stories above groundTotal units

163 units■City Information*As of May 2021

City size

Special city for the enforcement period

Population

223,815*Special city for the enforcement period: designated bygovernment ordinance based on the application from a city with apopulation over 200,000* For details of properties, please confirm in PDF.

30

■ List of new condominium apartments/Condominium apartments for seniors(completed in FY3/20)
Real Estate Development/

Real Estate Development/

Real Estate Development/

New Condominium Apartments

New Condominium Apartments

New Compact Condominiums

Duo Hills Ishinomaki Marks (Miyagi Pref. )Duo Hills Kofu Kitaguchi (Yamanashi)■Property Details

CCRC/Condominium Apartments for seniors

Duo Veel Tokyo Higashimukojima (Tokyo)■Property Details

Duo Scene Kunitachi (Tokyo)■Property Details
1-Chome, Kitaguchi, Kofu City,■Property Details

Location

2-chome, Chuo, Ishinomaki City, Miyagi

Location

Location

1-chome, Nishimachi, Kokubunji City, Tokyo

Transportation

Senseki Line, Ishinomaki, 9-min. walkTransportation

Chuo Main Line, Kofu, 4-min. walkTransportation

Keisei Oshiage Line, Yahiro, 5-min. walkTransportation

Chuo Line, Kunitachi, 22-min. walkCompletion

August 2019

Completion

August 2019

Completion

August 2019

Completion

November 2019

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

12 stories above groundNo. of stories

15 stories above groundNo. of stories

9 stories above groundNo. of stories

5 stories above groundTotal units

68 units

Total units

87 units

Total units

34 units

Total units

228 units■City Information

Yamanashi■City Information*As of May 2021

*As of May 2021

Location

6-chome, Higashimukojima, Sumida-ku,
Tokyo■City Information*As of May 2021

■City Information*As of May 2021

City size-

City sizeCore city

City size

Special ward

City size-

Population

138,314

Population

186,776

Population

271,306

Population

75,310*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

Duo Hills Shiogama Kaigandori (Miyagi Pref. )Duo Hills Kashiwa (Chiba Pref.)■Property Details
LocationTransportation

Duo Veel Yakuin (Fukuoka Pref.)■Property Details
Kaigandori, Shiogama City, Miyagi

Location

Senseki Line, Honshiogogama, 3-min.
walk

Duo Scene Toyoda (Tokyo)■Property Details
2-chome, Toyoshikidai, Kashiwa City,■Property Details
Location

3-chome, Asahigaoka, Hino City, Tokyo

Transportation

Joban Line, Kashiwa, 13-min. walkTransportation

Tenjin Omuta Line, Yakuin, 7-min. walkTransportation

Chuo Line, Toyoda, 17-min. walk

Chiba

Location

1-chome,Takasago, Chuo-ku, Fukuoka City,
FukuokaCompletion

March 2020

Completion

August 2019

Completion

August 2019

Completion

July 2019

Floor plan

3LDK-4LDK

Floor plan

2LDK-4LDK

Floor plan

1LDK-2LDK

Floor plan

1LDK-2LDK

No. of stories

14 stories above groundNo. of stories

12 stories above groundNo. of stories

14 stories above groundNo. of stories

8 stories above groundTotal units

63 units

Total units

154 units

Total units

52 units

Total units

118 units■City Information■City Information*As of May 2021

*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City size-

City sizeCore city

City size

Designated city

City size-

Population

51,909Population

434,734

Population

1,603,043

Population

190,708

Duo Hills Taira Tsukimi-cho (Fukushima Pref.)*Designated city: a city designated by government ordinanceapplication by a city with a population over 200,000

among the cities with a population over 500,000.

Duo Hills Kisarazu (Chiba Pref./JV property）■Property Details
Location*Core city：designated by government ordinance based on the■Property Details
Taira Tsukimi-cho, Iwaki City,

Location

2-chome, Fujimi, Kisarazu City, Chiba

Transportation

Joban Line, Iwaki, 14-min. walkTransportation

Uchibo Line, Kisarazu, 7-min. walkCompletion

June 2019

Completion

February 2020

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

No. of stories

15 stories above groundNo. of stories

12 stories above groundTotal units

56 units

Total units

84 units

Fukushima■City Information■City Information*As of May 2021

*As of May 2021

City sizeCore city

City size-

Population

335,080

Population

135,845*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

Duo Hills Ueda (Aichi Pref.)Duo Hills Kuwana Ekimae (Mie, Pref.)■Property Details
LocationTransportation■Property Details
3-chome, Uedanishi, Tenpaku-ku,
Nagoya City, Aichi
Subway Tsurumai Line, Ueda, 6-min.

Location

Ekimotocho, Kuwana City, Mie

Transportation

Kansai Main Line, Kuwana, 3-min. walkCompletionwalk
August 2019

Completion

November 2019

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

No. of stories

15 stories above groundNo. of stories

15 stories above groundTotal units

55 units

Total units

28 units■City Information*As of May 2021

■City Information*As of May 2021

City size

Ordinance-designated city

City size-

Population

2,325,060

Population

138,798*Designated city: a city designated by government ordinanceamong the cities with a population over 500,000.

■Other properties: CLARS KAITA MINAMI TAISHOMACHI (Hiroshima Pref.)* For details of properties, please confirm in PDF.

31

■ List of new condominium apartments/Condominium apartments for seniors(completed in FY3/19)
Real Estate Development/

Real Estate Development/

Real Estate Development/

Real Estate Development/

New Condominium Apartments

New Condominium Apartments

New Condominium Apartments

New Compact Condominiums

Duo Hills Kushiro (Hokkaido）

Duo Hills Nishi Omiya The Grand Terrace (Saitama Pref.)■Property Details

Duo Hills Hikone (Shiga Pref.)■Property Details

Location

3-chome, Kitaodori, Kushiro City, Hokkaido

LocationTransportation

Nemuro Main Line, Kushiro, 11-min. walkTransportation

Completion

February 2019

Floor plan
No. of stories
Total units

Duo Veel Sapporo Hokudai Mae (Hokkaido)■Property Details
3-chome, Nishiomiya, Nishi-ku, Saitama■Property Details
4-chome, Kita 11-jo Nishi, Kita-ku, Sapporo City,

Location

Ekihigashicho, Hikone City, Shiga

Location

Kawagoe Line, Nishi-Omiya, 10-min. walkTransportation

Tokaido Main Line, Hikone, 5-min. walkTransportation

Nanboku Line, Kita 12-jo, 1-min. walkCompletion

February 2019

Completion

August 2018

Completion

November 2018

1LDK-4LDK

Floor plan

3LDK-4LDK

Floor plan

2LDK-4LDK

Floor plan

1LDK-2LDK

11 stories above groundNo. of stories

7 stories above groundNo. of stories

12 stories above groundNo. of stories

11 stories above ground70 units

Total units

286 units

Total units

66 units

Total units

40 units■City Information*As of May 2021

City, Saitama■City Information■City Information*As of May 2021

*As of May 2021

Hokkaido■City Information*As of May 2021

City size-

City size

Ordinance-designated city

City size-

City size

Ordinance-designated city

Population

164,290

Population

1,323,405

Population

112,924

Population

1,960,755*Designated city: a city designated by government ordinance*Designated city: a city designated by government ordinanceamong the cities with a population over 500,000.

Duo Hills Maruyama Urban Villa (Hokkaido)

among the cities with a population over 500,000.

Duo Hills Higashi Kawaguchi The First (Saitama Pref.)■Property Details

Duo Hills Ohorikoen Sakuranamiki (Fukuoka Pref.)■Property Details

Location

27-chome, Kitasanjonishi, Chuo-ku, Sapporo City, Hokkaido

LocationTransportation

Tosai Line, Nishi 28-chome, 1-min. walkTransportation

Completion

November 2018

Completion

Floor plan

3LDK- 4LDK

Floor plan

No. of stories

11 stories above groundNo. of stories

Total units

108 units

Total units■City Information*As of May 2021

Duo Veel Omori Sanno (Tokyo)■Property Details
3-chome, Higashikawaguchi, Kawaguchi■Property Details
3-chome, Arato, Fukuoka City, Chuo-

Location

Location

3-chome, Sanno, Ota-ku, Tokyo

Transportation

Kuko Line, Ohorikoen, 9-min. walkTransportation

Keihin-Tohoku Line, Omori, 11-min. walk

December 2018

Completion

August 2018

Completion

May 2018

3LDK-4LDK

Floor plan

1LDK-3LDK

Floor plan

1LDK-2LDK

15 stories above groundNo. of stories

15 stories above groundNo. of stories

5 stories above ground71 units

Total units

42 units

Total units

40 units

City, Saitama
Musashino Line, Higashi-Kawaguchi, 1-min.
walk■City Information

ku, Fukuoka■City Information*As of May 2021

*As of May 2021

■City Information*As of May 2021

City size

Ordinance-designated city

City sizeCore city

City size

Ordinance-designated city

City size

Special ward

Population

1,961,519

Population

593,947

Population

1,603,043

Population

738,875*Designated city: a city designated by government ordinance*Core city：designated by government ordinance based on theamong the cities with a population over 500,000.

among the cities with a population over 500,000.

Duo Hills THE GRAND (Chiba Pref.)■Property Details
Location*Designated city: a city designated by government ordinanceapplication by a city with a population over 200,000

Duo Hills Iwaki The Urban Residence (Fukushima Pref.)Duo Hills Shiroyama (Kagoshima Pref.)■Property Details
6-chome,Taira, Iwaki City, Fukushima

Location

Duo Veel Hirao Ekimae (Fukuoka Pref.)■Property Details
5-chome, Koaota, Kashiwa City, Chiba
Tsukuba Express, Kashiwa-Tanaka, 3-min.

■Property Details
Shiroyamacho, Kagoshima City,

Location

Kagoshima

Location

2-chome, Ogusu, Minami-ku, Fukuoka City,
FukuokaTransportation

Joban Line, Iwaki, 7-min. walkTransportation

Transportation

Tenjin Omuta Line, Yakuin, 7-min. walkCompletion

July 2018

Completion

September 2018

Completion

November 2018

Completion

March 2019

Floor plan

3LDK- 4LDK

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

Floor plan

1LDK-2LDK

No. of stories

14 stories above groundNo. of stories

12 stories above groundNo. of stories

7 stories above groundNo. of stories

11 stories above groundTotal units

52 units

Total units

254 units

Total units

75 units

Total units

38 units■City Information*As of May 2021

walk

■City Information*As of May 2021

Transportation

City Tram Route 1, Asahidori, 6-min.
walk■City Information*As of May 2021

■City Information*As of May 2021

City sizeCore city

City sizeCore city

City sizeCore city

City size

Ordinance-designated city

Population

335,080

Population

434,734

Population

592,995

Population

1,603,043*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

Utsunomiya PEAKS (Tochigi Pref./JV property）■Property Details
LocationTransportation*Core city：designated by government ordinance based on the*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

application by a city with a population over 200,000

Duo Hills Akiya (Kanagawa Pref.)■Property Details

3-chome, Babadori, Utsunomiya City, Tochigi
Tobu Utsunomiya Line, Tobu Utsunomiya, 11-min.
walk*Designated city: a city designated by government ordinanceamong the cities with a population over 500,000.

Duo Veel OHORIKOEN (Fukuoka Pref.)■Property Details
3 -chome, Arato, Chuo-ku, Fukuoka City,

Location

1-chome, Akiya, Yokosuka City, Kanagawa

LocationTransportation

Yokosuka Line, Zushi, 22-min. by bus

Transportation

Kuko Line, Ohorikoen, 6-min. walk

FukuokaCompletion

January 2019

Completion

August 2018

Completion

March 2019

Floor plan

2LDK-4LDK

Floor plan

2LDK-3LDK

Floor plan

1LDK-2LDK

No. of stories

31 stories above groundNo. of stories

5 stories above groundNo. of stories

9 stories above groundTotal units

247 units

Total units

40 units

Total units

30 units■City Information*As of May 2021

■City Information*As of May 2021

■City Information*As of May 2021

City sizeCore city

City sizeCore city

City size

Ordinance-designated city

Population

517,434

Population

390,275

Population

1,603,043*Core city：designated by government ordinance based on theapplication by a city with a population over 200,000

Duo Hills Minamimachida THE GARDEN (Tokyo)*Core city：designated by government ordinance based on the*Designated city: a city designated by government ordinanceapplication by a city with a population over 200,000

among the cities with a population over 500,000.

Duo Hills Komaki (Aichi Pref.)■Property Details■Property Details

Location

3-chome, Minamimachida, Machida City, Tokyo

LocationTransportation

Denentoshi Line, Minami-machida Grandberry Park, 8-min. walkTransportation

Completion

February 2019

Completion

December 2018

Floor plan

3LDK-4LDK

Floor plan

3LDK-4LDK

No. of stories

5 stories above groundNo. of stories

12 stories above groundTotal units

119 units

Total units

98 units■City Information*As of May 2021

4-chome, Komaki, Komaki City, Aichi
Meitetsu Komaki Line, Komaki, 5-min.
walk■City Information*As of May 2021

City size-

City size-

Population

434,994

Population

147,833■Other properties: CLARS KAWAGUCHICHO (Hiroshima Pref.), CLARS NOGAMICHO (Hiroshima Pref.), CLARS KURE HONDORI (Hiroshima Pref.), CLARS* For details of properties, please confirm in PDF.
TOWER MATSUYAMAEKIMAE (Ehime Pref.) CLARS SANBANCHO (Ehime Pref.)32

Contact us:■ IR inquiries ■Hoosiers Holdings
Business Planning Office; tel. +81-3-3287-0704
E-mail ir@hoosiers.co.jp
URL https://www.hoosiers.co.jp

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