As of June 2020, the people of Japan and the rest of the world have found themselves in a very difficult situation because of the expansion of novel coronavirus.
First of all, we wish those affected by the coronavirus will make a speedy recovery and that the healthcare professionals who treat them will remain good.
The Company is celebrating its 12th anniversary this year since its foundation in 2009. In recent years, we have also expanded our business to include new rental residence development businesses, overseas real estate businesses and rent-administration trustee businesses. We would like to take this opportunity to express our sincere appreciation to you, primarily our customers, for the support you have given us.
In the real estate industry to which we belong, we have been aided by the global financial easing since the global financial crisis, which has progressed favorably with the rise in asset prices, but we have already experienced a certain level of overheating, in part, and a sense that it is overpriced due to the price increases that do not involve wage increases.
Furthermore, globally, social insecurity has alsoincreased, including the political confusion in theinternational community, growing inequalities andincreasing poverty. Future uncertainties such as risingsocial security costs and the low birthrate and agingpopulation still cannot be wiped away domestically.
Under these circumstances, the Company moved forwardwith business management focusing on balancing (1) businessdevelopment that does not depend solely on purchasing andselling real estate, which means a stable management due tothe increase in leased assets, and (2) production(monozukuri) as a developer.
With regard to point (1), In dozens of places in Tokyo,we are working on a project to organize rights while owningand obtaining rents in the medium- and long-term timeframe,focusing on properties that will contribute to futureredevelopment.
With regard to point (2), we plan to develop severalrental residences and commercial facilities each year andto establish our own brand as we expand the number ofprojects in the future.
In addition, we consider creating a strong and
perpetual company that can withstand the surging seas of
the times as our greatest social contribution, and
internally, we are committed to practicing the following
- Contribute to society through our business;
- Stabilize our financial base;
- Encourage each individual employee to have dreams, hopes, and pride in order to grow with the Company;
- Do not be overhasty, arrogant, or force yourself;
- Be diligent, sincere and honest.
As we expand our business operations, we believe that our relationship with society will become wider and deeper, and therefore, we believe that our corporate responsibilities will also increase. We will continue to put those principles into practice every day, and fulfill our social mission and pursue our raison d'être.
Nobuaki Terashiki, President and Representative Director
Tokyo Asset Solution Co., Ltd.