IR Information
株主・投資家情報
To Our Shareholders and Investors
MUGEN ESTATE Group: Creating New Value in Real Estate
Business Environment in the Real Estate Industry
Today, the environment surrounding us is becoming increasingly complex, with a declining birthrate, an aging population, a shrinking labor force, as well as environmental issues such as global warming, and numerous natural disasters.
The real estate industry is also facing issues such as the declining birthrate, aging population, vacant houses, aging housing stock, and the need to reduce GHG emissions, and the expectations on our industry and the roles it must play are becoming even greater.
In this era of mounting challenges, we will continue to create value that is needed by society and achieve sustainable growth by positioning our corporate philosophy at the core of our management and building on this solid foundation as we respond to the changing times.
Review of the Second Medium-Term Management Plan
The Second Medium-Term Management Plan, which has been in effect for three years since FY2022, has continued to grow against the backdrop of a booming real estate market, and in the final year of the plan, FY2024, we significantly exceeded our numerical targets and generally achieved the target level in key management indicators.
Third Medium-Term Management Plan
In the Third Medium-Term Management Plan (2025–2027) starting from 2025, we will further strengthen the management foundation by integrally promoting the human resource and digitalization strategies, based on the basic policy of “strengthening our organizational capabilities to expand the business scope and create new businesses.” In addition, we will accelerate the growth of our core businesses as well as establish new pillars for earnings through aggressive investments in growth areas and new businesses, aiming to sustainably increase corporate value.
Initiatives for Shareholder Return
We regard the return of profits to our shareholders as one of the most important management issues. Our basic policy is to maintain stable dividends while strengthening our financial position and enhancing internal reserves for long-term business expansion. We determine profit distribution by comprehensively considering the level of business performance, balance sheet-based capital costs, and return on capital among other factors, and set the target level for medium- to long-term consolidated dividend payout ratio at 40% or more.
We will continue to promote positive shareholder returns that enable flexible approaches from various angles in consideration of financial balance, including share buybacks that take into account the total return ratio. Our basic policy is to pay dividends twice a year—an interim dividend and a year-end dividend—in order to increase opportunities to return profits to our shareholders.
We will continue to do our utmost to meet your expectations, and we very much look forward to your ongoing, warm support.
President & Representative Director
