SEIBU REAL ESTATE INC. began operating on April 1, 2025, as a developer that will take responsibility for the management of real estate holdings and unlock latent real estate value through development, in order to promote the effective and strategic utilization of the Seibu Group’s assets, further enhance expertise in each aspect of the real estate business, and strengthen competitiveness going forward.
In the “Seibu Group’s Long-term Strategy to 2035,” announced in May 2024, we have envisioned growth strategies with the real estate business at their core. Accordingly, our role will be to add value to real estate from various perspectives through “urban development” utilizing land held by the Seibu Group, and create business opportunities for the Urban Transportation and Regional business, Hotel and Leisure business, and other businesses. Specifically, as an asset owner, we will contribute to social development and maximize real estate value through redevelopment in Shiba Park, Takanawa and Shinagawa, and elsewhere in the central Tokyo area, as well as Seibu-Shinjuku, Takadanobaba, and elsewhere along the Seibu Line, and development in resort areas such as Karuizawa, Hakone, Furano, and Nikko.
As we target sustainable growth, we will also pursue capital efficiency, and shift from a holding-based business model to a business model that achieves growth by also utilizing capital recycling, while also clarifying functions and roles in the real estate business and enhancing our real estate expertise. In order to do so, we have launched a new structure centered on four companies: our company, “SEIBU REAL ESTATE INC.,” as a developer responsible for asset holding, management, and development; “SEIBU REAL ESTATE PROPERTY MANAGEMENT INC.,” as a real estate management company; “SEIBU REAL ESTATE BUILDING MANAGEMENT INC.,” as a general building management company; and “SEIBU REAL ESTATE ASSET MANAGEMENT INC.,” as an asset management company.
As we look to achieve our corporate message, “To the next frontier,” and fulfill our mission as a “core growth strategy” of the Seibu Group, each and every employee will boldly take on challenges in new business domains with a frontier spirit and a sense of speed. At the same time, under the Seibu Group’s slogan, “Smiles Ahead,” we will fulfill our responsibilities to customers and other stakeholders through businesses that contribute to enhancing the value of the Seibu Group’s assets across Japan.