8848
LEOPALACE21CORPORATION
株式会社レオパレス21
Real Estate
Leopalace21 Corporation, together with its subsidiaries, engages in the construction, leasing, and sale of apartments, condominiums, and residential housing in Japan. It operates in three segments: Leasing Business, Elderly Care Business, and Other Businesses. The Leasing Business segment is involved in the leasing and management of apartment rooms buildings and other properties; maintenance work; a solar power generation business; and real estate brokerage activities. This segment also provides broadband and company housing agency services, as well as small-amount short-term insurance. Its Elderly Care Business segment operates nursing care facilities. The Other Businesses segment operates resort facilities in Guam, which include golf courses, a hotel, and other facilities. The company was formerly known as MDI Corporation and changed its name to Leopalace21 Corporation in July 2000. Leopalace21 Corporation was incorporated in 1973 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥431.8B
¥422.7B
¥406.4B
¥398.4B
Cost of Sales
¥354.5B
¥353.8B
¥353.2B
¥352.3B
Gross Profit
¥77.3B
¥68.8B
¥53.3B
¥46.1B
SG&A
¥48.1B
¥45.5B
¥43.4B
¥44.3B
Operating Income
¥29.2B
¥23.3B
¥9.9B
¥1.8B
Non-Operating Income
¥578M
¥1.4B
¥1.2B
¥827M
Dividend Income
¥95M
¥95M
¥72M
¥65M
Interest Income
¥65M
¥61M
¥227M
¥34M
Non-Operating Expenses
¥2.9B
¥5.2B
¥4.6B
¥4.8B
Interest Expense
¥1.5B
¥3.6B
¥4.4B
¥4.5B
Ordinary Income
¥26.9B
¥19.5B
¥6.5B
¥-2.2B
Pre-tax Income
¥28.1B
¥17.0B
¥2.8B
¥9.7B
Income Taxes
¥9.4B
¥-25.9B
¥-17.8B
¥-3.0B
Current Tax
¥608M
¥616M
¥702M
¥1.4B
Deferred Tax
¥8.7B
¥-26.6B
¥-18.5B
¥-4.4B
Net Income (owners)
¥17.9B
¥42.1B
¥19.8B
¥11.9B
Minority Interest
¥864M
¥891M
¥872M
¥795M
Comprehensive Income
¥21.5B
¥44.1B
¥24.0B
¥15.3B
EBITDA
¥32.7B
¥28.0B
¥16.5B
¥11.1B
Goodwill Amort. (J-GAAP)
—
—
¥7M
¥7M
EPS
¥56.22
¥130.91
¥60.22
¥36.04
Shares Outstanding
323.9M
323.9M
329.1M
328.9M
Shares Issued (total)
329.4M
329.4M
329.4M
329.4M
Treasury Shares
5.5M
5.5M
0.3M
0.5M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥216.6B
¥205.0B
¥166.5B
¥145.4B
Current Assets
¥103.2B
¥82.4B
¥66.8B
¥60.2B
Cash & Deposits
¥88.4B
¥68.6B
¥53.6B
¥45.5B
Trade Receivables
¥7.9B
¥7.7B
¥8.1B
¥8.6B
Non-Current Assets
¥113.4B
¥122.6B
¥99.8B
¥85.3B
PP&E
¥59.0B
¥59.1B
¥61.4B
¥64.7B
Goodwill
—
—
—
¥6M
Intangible Assets
¥1.0B
¥1.4B
¥2.6B
¥3.1B
Investment Securities
¥4.6B
¥4.8B
¥5.4B
¥5.2B
Deferred Tax Assets
¥43.0B
¥51.7B
¥25.2B
¥6.6B
Total Liabilities
¥128.4B
¥133.3B
¥133.6B
¥134.4B
Current Liabilities
¥95.3B
¥64.2B
¥61.7B
¥59.5B
ST Debt
¥30.0B
¥620M
¥59M
¥53M
Taxes Payable
¥401M
¥423M
¥451M
¥1.3B
Non-Current Liabilities
¥33.0B
¥69.2B
¥71.9B
¥74.9B
Total LT Borrowings
—
¥29.2B
¥30.4B
¥30.4B
Pension Obligations
¥10.4B
¥10.0B
¥9.7B
¥9.5B
Deferred Tax Liab.
—
—
¥13M
¥11M
Total Equity
¥88.3B
¥71.7B
¥32.9B
¥11.0B
Capital Stock
¥100M
¥100M
¥100M
¥100M
Capital Surplus
¥30.1B
¥30.1B
¥136.2B
¥136.3B
Retained Earnings
¥47.5B
¥32.9B
¥-116.0B
¥-135.7B
Treasury Stock
¥-4.4B
¥-4.4B
¥-205M
¥-302M
AOCI
¥7.9B
¥5.2B
¥4.0B
¥675M
Equity (owners)
¥73.3B
¥58.7B
¥20.1B
¥392M
Minority Interests
¥6.6B
¥7.5B
¥8.5B
¥9.6B
Total Interest-Bearing Debt ⓘ
¥30.0B
¥29.8B
¥30.4B
¥30.5B
Net Cash ⓘ
¥58.4B
¥38.8B
¥23.1B
¥15.0B
NCAV ⓘ
¥-25.1B
¥-50.9B
¥-66.9B
¥-74.2B
NCAV/Share
¥-78
¥-157
¥-203
¥-226
BV/Share
¥226
¥181
¥61
¥1
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥25.9B
¥21.4B
¥10.5B
¥-4.5B
Interest Paid
¥-1.7B
¥-4.1B
¥-4.4B
¥-4.5B
Interest Received
¥382M
¥287M
¥298M
¥105M
D&A
¥3.5B
¥4.7B
¥6.6B
¥9.4B
Goodwill Amort.
—
—
¥7M
¥7M
Investing CF
¥-604M
¥851M
¥906M
¥886M
CapEx
¥342M
¥247M
¥377M
¥705M
Purchase Investments
¥-31M
¥-100M
¥-229M
¥-313M
Proceeds from Invest.
—
¥4M
¥182M
¥1.2B
Financing CF
¥-6.4B
¥-7.1B
¥-2.8B
¥-5.9B
Dividends Paid
¥-3.2B
—
—
—
Share Buybacks
¥0M
¥-3.5B
¥0M
—
LT Debt Repaid
¥-29.8B
¥-30.2B
¥-115M
¥-75M
Free Cash Flow
¥25.6B
¥21.2B
¥10.2B
¥-5.2B
Net Change in Cash
¥18.9B
¥15.3B
¥9.0B
¥-9.2B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
24.6%
95.6%
157.3%
107.4%
ROA
8.5%
22.6%
12.7%
8.2%
EPS
¥56.22
¥130.91
¥60.22
¥36.04
DPS
¥10.00
¥5.00
—
—
BPS
¥255.81
¥201.15
¥73.29
¥3.25
FCF/Share
¥79
¥65
¥31
¥-16
NCAV/Share
¥-78
¥-157
¥-203
¥-226
Payout Ratio
17.8%
3.8%
—
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 16
Date Activist Stake Event Flag Demands Source
2025-10-02
Chidori GK
25.27%
change
Passive
—
2025-10-02
Chidori GK
15.1%
-10.17%
change
Passive
—
2025-09-29
Hikari Tsushin K.K.
17.7%
change
Passive
—
2025-07-25
Chidori GK
18.12%
change
Passive
—
2025-07-24
Chidori GK
18.12%
-29.38%
change
Passive
—
2025-06-26
Chidori GK
47.5%
change
Passive
—
2025-06-19
Chidori GK
47.5%
change
Passive
—
2025-06-17
Chidori GK
47.5%
change
Passive
—
2025-06-12
Chidori GK
47.5%
change
Passive
—
2025-06-03
Chidori GK
49.94%
change
Passive
—
2025-06-03
Chidori GK
47.5%
-2.44%
change
Passive
—
2023-07-06
Odey Asset Management LLP
7.11%
change
Passive
—
2023-07-06
Odey Asset Management LLP
4.22%
-2.89%
change
Passive
—
2023-07-06
Morgan Stanley MUFG Securities Co., Ltd.
0.54%
change
Passive
—
2023-06-21
Morgan Stanley & Co. International plc
5.68%
-0.04%
change
Passive
—
2023-06-06
Morgan Stanley & Co. International plc
5.72%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-15
15:30
Special Div
¥1.6B ¥5.0/sh
+0%
Leo Palace 21 announced a year-end dividend of ¥5.00 per share (¥1,634 million total) for FY2026 ending March 31, 2026, …
Summary
Leo Palace 21 announced a year-end dividend of ¥5.00 per share (¥1,634 million total) for FY2026 ending March 31, 2026, identical to the prior year. The total annual dividend including the interim dividend remains ¥10.00 per share. The company maintains a stable dividend policy prioritizing shareholder returns while achieving sustainable corporate value growth.
Deadline: 2026-06-26
YoY: +0%
Source (JP)
当社は、株主の皆様への利益還元を経営の最重要課題の一つと位置づけ、持続的な企業価値の向上と中長期的な成長の実現を通じて、業績動向や財務状況等を総合的に勘案し、安定的かつ継続的な配当を実施する方針としております。
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
千鳥合同会社
84,507
26.09%
2
株式会社UH Partners2
50,581
15.61%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
21,190
6.54%
4
MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社)
12,146
3.75%
5
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
11,787
3.63%
6
光通信株式会社
8,606
2.65%
7
MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB(常任代理人 BOFA証券株式会社)
7,554
2.33%
8
レオパレス21オーナー持株会
7,020
2.16%
9
レオパレス21取引先持株会
5,543
1.71%
10
JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行 決済営業部)
3,233
0.99%
Domestic Nominees
10.2%
-0.6% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
55.3%
+1.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
千鳥合同会社
25.68%
26.09%
26.09%
式会社UH Partners2
15.37%
15.61%
15.61%
日本マスタートラスト信託銀行
6.44%
7.09%
6.54%
-0.55%
MSIP CLIENT SECURITIES
5.04%
2.31%
3.75%
+1.44%
日本カストディ銀行
—
3.67%
3.63%
-0.04%
光通信
2.61%
2.65%
2.65%
MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB
—
2.01%
2.33%
+0.32%
レオパレス21オーナー持株会
2.03%
2.15%
2.16%
+0.01%
レオパレス21取引先持株会
1.73%
1.70%
1.71%
+0.01%
JP MORGAN CHASE BANK 385781
NEW ENTRY
—
—
—
0.99%
NEW
レオパレス21従業員持株会
last seen 2024
Exited Top 10
—
0.94%
—
STATE STREET BANK AND TRUST COMPANY 505103
last seen 2023
Exited Top 10
1.24%
—
—
GOLDMAN SACHS INTERNATIONAL
last seen 2023
Exited Top 10
1.32%
—
—
BNYMSANV RE BNYMIL RE LF ODEY OPUS FUND
last seen 2023
Exited Top 10
1.11%
—
—
Concentration (HHI)
ⓘ
981
1013
1015
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved