COMPANY

History

  • 1988
    March
    Founded to carry out interior work
  • 2001
    December
    Launched a full-scale business of revitalizing previously owned condominiums based on a process: purchasing an entire previously owned condominium building, carrying out interior work, and selling individual condominium units after refurbishment
  • 2004
    March
    Listed on Tokyo Stock Exchange Mothers Market (Stock code: 8925)
  • 2007
    July
    Achieved record-high sales and income (Net sales of 77.4 billion yen and ordinary income of 11.3 billion yen)
    August
    Raised 30.0 billion yen from The Goldman Sachs Group, Inc. (20.0 billion yen by third-party allotment of shares and 10.0 billion yen in convertible bonds)
    August
    Subprime mortgage crisis
  • 2008
    September
    Collapse of Lehman Brothers
  • 2010
    June
    Turnaround ADR Procedure established
    October
    All branches closed
  • 2013
    July
    Turnaround ADR Procedure completed
  • 2014
    April
    Osaka Branch opened
    Medium-term management plan announced
    August
    Expansion of the scope of the application of basic strategies under the medium-term management plan (To become a leader in the redevelopment adjustment business)
    December
    Promoted to the Tokyo Stock Exchange Second Section