LEOPALACE21 CORPORATION [8848.T]
TOKYO, May 15 (Pulse News Wire) – Leopalace21 Corporation (8848.T) updated its mid-term plan “New Growth 2028” based on recent business trends and performance. Adjustments were made to occupancy rates and rental prices due to strong demand, particularly from corporations, leading to upward revisions across revenue forecasts through net profit.
For the fiscal year ending March 2026, the company raised projected rental price indices from 116 to 119, reflecting robust demand conditions. Additionally, higher development project orders contributed to increased management units forecast, revised upwards to 541,000 units by March 2028. Cost increases, including inflationary pressures, were factored in but did not offset the overall positive outlook.
Financial projections show sales increasing by ¥9.8 billion compared to the previous plan, with operating profit rising to ¥43.10 billion. Higher rental prices and additional development projects drove these improvements. The company expects continued growth in revenues and profits over the next three years.
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