#BusinessStrategy

Sumitomo Pharma forecasts core sales of approximately 260 billion yen, core operating income of approximately 43 billion yen, and free cash flow of approximately 47 billion yen for FY2025, announcing a growth strategy targeting core product sales of 250 billion yen scale in the 2030s.

Sumitomo Pharma has formulated the growth strategy 'Boost 2028' covering fiscal years 2026 to 2028, aiming for over 350 billion yen in sales from Orgovix and Gemtesa, ROE above 10%, and equity ratio over 50% by fiscal 2028.

The output of Units 2 and 3 of the Ishikariwan Shin Port Power Plant was revised upward from 569,400 kW to 580,000 kW, and the construction start of Unit 2 was advanced from May 2027 to August 2026.

The projected development cost for the Alqueros Mine Development Project has increased to USD 486 million. Operating cost forecasts have changed to C1: 131¢/lb and C3: 318¢/lb, and production start has been delayed to July-September 2026.

Dear Life Co., Ltd. has acquired an income-generating real estate property located a 1-minute walk from Kagurazaka Station on the Tokyo Metro Tozai Line, with a total floor area of 704.87㎡. The acquisition price is undisclosed, and the impact on the current period’s financial results is expected to be minor.

Denka Company Limited has commenced consideration of a spin-off of its styrene-related business targeting April 2027, aiming to enhance business value and establish a nimble decision-making structure.

LaSalle Logiport REIT plans to transfer trust beneficial interests of Aisai Logistics Center and Kariya Logistics Center at a total scheduled transfer price of 11.41 billion yen, expecting a gain on sale of 1.246 billion yen. The scheduled transfer date is March 6, 2026.

Erex Corporation has formulated a medium-term management plan for the fiscal years ending March 2027 through March 2029, targeting net sales of 208.3 billion yen, operating income of 11.3 billion yen, and net income of 9.5 billion yen.

Scheduled to establish consolidated subsidiary “ispace S A” in the Kingdom of Saudi Arabia in 2026 with capital of 109 million yen. The impact on earnings is judged to be minimal.

Japan Hotel REIT Investment Corporation plans to acquire the large full-service hotel 'Hyatt Regency Tokyo' in Shinjuku, Tokyo for 126,000,000 thousand yen on March 13, 2026. The acquisition price is approximately 80.8% of the appraised value of 156,000,000 thousand yen, representing a discount.

Planning to acquire the large full-service hotel "Hyatt Regency Tokyo" in Shinjuku, Tokyo for 126,000 million yen. The acquisition price represents 80.8% of the appraised value of 156,000 million yen. Post-acquisition, additional renovations will be carried out, and the DPU for the fiscal year ending December 2026 is expected to increase by 6.1%, absorbing dilution through the utilization of negative...

Asahi Pretec Corporation, a wholly owned subsidiary, has been awarded a large-scale growth investment subsidy of approximately 1,911,333,332 yen for capital investment of approximately 6,167,208,792 yen. The implementation is planned from March 2026 to December 2027.