Promoting Diversity
SEIBU 
Thank you for your continued support and patronage to the Seibu Group.
The socioeconomic environment has been changing rapidly in recent years, making it extremely difficult to predict the future, commonly known as “VUCA”. The Seibu Group has set forth “Resilience & Sustainability: Creating Invaluable Space and Time, Ensuring Safety and Security” as the aspiration (outcome) of our long-term strategy looking ahead to fiscal year 2035, and we are moving forward toward this goal.
In light of this, the Group is moving to the next stage to realize this outcome.
We have recently reviewed the roles and responsibilities in our executive operations and transitioned to a new organizational system in which NISHIYAMA Ryuichiro serves as Representative Director, Chief Executive Officer (CEO), and Chief Operating Officer (COO) to lead the Group.
As Chairman and Director, Chairman, I will continue to drive initiatives aimed at the sustainable growth of the Group as a whole from a long-term and strategic perspective, while supporting the new organizational system led by NISHIYAMA who serves as President and Representative Director, President, CEO, and COO. We will work as one Group to solve various social issues and enhance overall stakeholder satisfaction, thereby embodying our Group vision of “Smiles ahead”.
We sincerely ask for your continued support and encouragement.
We would like to express our sincere gratitude to our shareholders for your continued understanding and support of our business activities.
The Seibu Group has overcome unprecedented changes in the business environment and decisively implemented management reforms to lay the foundation for sustainable growth, thereby establishing a solid management foundation. I have now assumed the role of Chief Executive Officer (CEO) in addition to my roles as President and Representative Director, President, to lead the Seibu Group to the next stage in realizing the “Seibu Group’s Long-Term Strategy to 2035” based on this foundation.
The key to our future growth lies in sustainable growth centered on the Real Estate business. We are actively pursuing a shift from our traditional model based on the premise of owning properties to one of growth through both owning assets as well as capital recycling. We have implemented the securitization of our prime assets without exception, including Tokyo Garden Terrace Kioicho and reinvested the funds generated into redevelopment projects in central Tokyo and along the Seibu Railway lines, as well as resort development. In doing so, we will achieve an increase in net asset value.
This year marks a crucial phase as we finalize the current Medium-term Management Plan (FY2024-FY2026) and prepare for our next leap forward. As CEO and COO, I will directly lead the effort to fully execute both offensive and defensive measures, including the highest level of capital investment in our history, and firmly put the Seibu Group on track for steady growth.
We sincerely appreciate your continued support to the Seibu Group.
