Kasumigaseki Capital achieves record first half, projects strong growth

Kasumigaseki Capital (TSE:3498) announced a record performance for the first half of the fiscal year ending August 2025, with sales reaching JPY 33.7 billion, operating income totaling JPY 4.8 billion, and net income attributable to shareholders amounting to JPY 2.4 billion. The company attributes the success to strong growth in its hotel and logistics businesses, as well as its strategic expansion into healthcare and overseas markets. The firm expects to reach its full-year financial target, supported by a substantial inventory of properties. It projects a JPY 240 per share dividend. Furthermore, the company disclosed it had secured JPY 22 billion through a Euroyen convertible bond issue in November 2024. It is also preparing for a hotel REIT listing. Kasumigaseki Capital's total assets under management (AUM), including pipeline projects, grew to JPY 598.2 billion, and continues to expand by developing projects such as logistics, hotel, and health care.