Sumitomo Realty & Development : Quarterly Earning Document

Supplementary Material

Fiscal 2021

(April 1, 2021 - March 31, 2022)

【Contents】

Progress of the Eighth Management Plan

(Apr 1, 2019 - Mar 31, 2022)

The Ninth Management Plan

(Apr 1, 2022 - Mar 31, 2025)

Principal New Development Projects Results for Fiscal 2021

(Apr 1, 2021 - Mar 31, 2022)

Forecasts for Fiscal 2022

(Apr 1, 2022 - Mar 31, 2023)

List of ESG Initiatives (Fiscal 2021)

3

7

25

31

32

33

Sumitomo Realty & Development Co., Ltd.

Progress of the Eighth Management Plan

Historical Financial Results

Ordinary profit recovered to a record high after decreasing during the COVID-19 pandemic for only one fiscal year

Revenue from Operations

8th Plan

Operating Income

Ordinary Profit

(Billion yen)

(Billion yen)

'20

'21

'22

(Billion yen)

1,100

275

Revenue from Operations

1,014

917

939

1,000

Revenue from Operations :

250

Operating Income

Operating Income

:

234

219

234

Ordinary Profit

900

Ordinary Profit

:

221

210

225

225

800

200

700

175

COVID-19

600

2 years

150

500

125

400

100

300

Lehman Crisis

75

200

(The Global Financial Crisis)

50

6 years

100

25

0

0

'97

'98

'99

'00

'01

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

'17

'18

'19

'20

'21

'22

'23(F)

1st Plan

2nd Plan

3rd Plan

4th Plan

5th Plan

6th Plan

7th Plan

8th Plan

9th Plan

(Years ended/ending March 31)

Sumitomo Realty & Development Co., Ltd. (3)

Progress of the Eighth Management Plan

Progress of the Eighth Management Plan (Apr 2019 - Mar 2022)

	We have achieved record-level profits under all plans except the Fifth Management Plan
	(affected by the Lehman Crisis/Global Financial Crisis and the Great East Japan Earthquake)	（Billion yen）
			7th Plan											8th Plan			Vs.			8th Plan
			Results			FY '19	FY '20		FY '21		Results					*
								7th Plan			Targets
		(Cumulative			(Results)	(Results)		(Results)		(Cumulative				(Cumulative
			totals)					totals)							totals)
	Revenue from	2,886			1,014	917		939		2,870			(15)			3,100
	Operations
	Operating	613			234	219		234			687			+74			740
	Income
	Ordinary Profit	558			221	210		225			656			+98			700
																				* Announced on May 16, 2019
≪Reference≫ Results of the Past Management Plans (Years ended/ending March 31)									（Billion yen）
			1st Plan*1		2nd Plan		3rd Plan		4th Plan
	(Three-year						5th Plan		6th Plan		7th Plan	8th Plan
	cumulative totals)		1999-2001		2002-2004		2005-2007		2008-2010		2011-2013		2014-2016		2017-2019		2020-2022
	Revenue from		1,270		1,606		1,939		2,107		2,170			2,442		2,886	2,870
	Operations
	Operating		202		265		349		435		437			501		613	687
	Income
	Ordinary		87		170		274		339		329			418		558	656
	Profit
	Profit*²		8		34		98		162		164			238		353	433
	*1. The 1st plan began in the March 1998 fiscal year and spanned four years. Figures shown represent cumulative totals for the final three years of the plan.
	*2. Profit refers to profit attributable to the owners of parent.								Sumitomo Realty & Development Co., Ltd. (4)

Progress of the Eighth Management Plan

Progress of the Eighth Management Plan by Segment

(Billion yen)

		7th Plan	8th Plan
		Increase/
		Results	Results
(Three-year cumulative totals)			Decrease
	Leasing	1,073	1,219	+146
	Sales	957	822	(135)
	Construction	635	612	(23)
	Brokerage*2	208	210	+3
Revenue from	2,886	2,870	(15)
Operations
	Leasing	416	487	+72
	Sales	140	151	+11
	Construction	50	55	+4
	Brokerage*2	47	44	(3)
Operating Income	613	687	+74
Ordinary Profit	558	656	+98
Profit	353	433	+80

8th Plan
Increase/
Targets*1
	Decrease
1,200	+19
950	(128)
720	(108)
220	(10)
3,100	(230)
530	(43)
140	+11
70	(15)
50	(6)
740	(53)
700	(44)
-	-

*1. Announced on May 16, 2019

*2. From the beginning of fiscal 2020, the business segments for revenue and income from Sumitomo Real Estate Sales have been changed, from the allocation to "Sales", "Brokerage" and "Adjustments (not presented in the document)", to be consolidated into "Brokerage". The 8th Plan Results reflect the change. The 7th Plan results and the 8th Plan Targets represent reference amounts calculated simply reflecting the change.

Sumitomo Realty & Development Co., Ltd. (5)