Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Involvement
• Employee Well-being
• Sustainable Business Practices

Environmental Achievements

• Received "Yokohama-type Regional Contribution Company" certification for environmental and social contributions.

Social Achievements

• Maintained a high occupancy rate (93%) across nine senior care facilities.
• Emphasized customer satisfaction, leading to referrals and repeat business.
• Focused on creating a positive work environment and maintaining good relationships with customers and the community.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Decreased number of delivered properties in the real estate business.
• Increased administrative expenses due to renovations of the head office building.
• Increased labor costs in the care business.
• Slight decrease in rent levels and stagnant vacancy rates in the building management business.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Yokohama-type Regional Contribution Company

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• "Yokohama-type Regional Contribution Company"

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched an employee well-being program (implied by the mention of employee engagement and participation in events like the Yokohama Dragon Boat Race)
• Opened a new facility, Florences Care Mizonokuchi, which transitioned to a care-attached senior home from a residential-type senior home.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Decreasing new housing starts due to post-consumption tax increase effects and a five-month consecutive decrease.
• Shortage of construction workers leading to increased labor costs and material price increases.
• Increased competition in the construction and real estate industry.
• Concerns about profitability in the construction and real estate industry.
• Potential impact of changes to the long-term care insurance system.
• Decreased sales in the care sector due to changes in the timing of initial payment amortization and lower-than-planned sales of Florences Care Mizonokuchi.

Mitigation Strategies

• Focusing on creating customer satisfaction and supporting various life stages.
• Implementing an occupancy promotion campaign for existing facilities.
• Preparing for changes in the long-term care insurance system.
• Implementing zero rent and customized rental options to address rising vacancy rates.
• Strengthening post-move-out checks to improve customer satisfaction.
• Planning to offer preferential services to tenants.
• Expanding the acquisition of external projects.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Gold Award at the 8th National Garden Exterior Contest