TOKYO, May 12 (Pulse News Wire) – TOC CO.,LTD. (8841.T) announced today that it has set financial targets for fiscal years ending March 2027 through March 2029, incorporating plans for the reopening and renovation of its TOC building.
The company previously closed the TOC building, which includes the front building, due to delays in construction until 2036. Operations resumed in September 2024, focusing on tenant acquisition and customer attraction events. Additionally, TOC is implementing seismic reinforcement work to upgrade the safety rating from II to III based on diagnostic results. As of March 2026, the progress rate stands at May 12, 2026% and is expected to reach [DATE_1]% by September 2026 and [DATE_2]% by December 2026.
The company also plans to enhance the building's value through renovations. Looking ahead, TOC intends to leverage its financial resources to expand inbound-related accommodation services such as apartment hotels, dormitories, and homestay facilities centered around the Tokyo Asakusa district. Financial projections show revenue increasing from an estimated ¥17.4 billion in FY2027 to ¥19.3 billion in FY2028, with operating profit rising from ¥3.8 billion to ¥[NUM_7] million in FY2028. Net income is forecasted to grow from ¥[NUM_10] million in FY2027 to ¥[NUM_11] million in FY2028.
Funding plans indicate that TOC will invest ¥280 million in new business equipment investments from April 2027 to March 2029, while maintaining a balance of cash reserves.
🟡 Confidence: Standard AI-translated content.