Hulic (3003) Corporate presentation summary

Growth history and achievements

• Achieved a 16-fold increase in ordinary profit since 2008, with 17 consecutive years of profit and dividend growth.

• Upgraded external credit rating by three notches, now at AA- (Stable).

• Expanded through multiple mergers and acquisitions, including subsidiaries in education, hospitality, and machinery.

• Consistently outperformed initial profit forecasts and achieved management plan targets ahead of schedule.

Financial and operational performance

• Averaged 14.4% ordinary profit growth and 12.5% ROE over the past decade.

• Maintained a strong equity ratio of 32.7% and market cap exceeding JPY1 trillion.

• Achieved AA- credit rating and 4.5-star Nikkei SDGs management survey rating.

• Only 29 out of 1,604 TSE Prime Market companies met similar financial criteria.

Business overview and portfolio

• Core business in real estate leasing, development, and asset management, with FY2025 operating profit of JPY198.1 billion.

• Diversified into insurance, hotels/ryokans, child education, and construction.

• Operates 250 properties with a net leasable area of 1.27 million m² and a Tokyo office vacancy rate of 0.6%.

• Group REITs and funds manage assets of approximately JPY990 billion.