5529 fundamentals

No. 1 Urban Development Co., Ltd. engages in real estate business. It operates through the following business divisions: Real Estate Sales, Real Estate Leasing, Rental Warehouse, Real Estate Brokerage, and Other business. The Real Estate Sales division purchases properties by bidding on auction properties nationwide. The Real Estate Leasing division rents out detached houses and condominiums owned by the company to general customers as residences. The Rental Warehouse division installs container warehouses on company land and rent and maintain them as rental storage spaces. The Real Estate Brokerage division handles the selling or leasing of real estate owned by the company to general customers. The Other business division includes repair work for rental properties and properties for sale, as well as, brokerage properties and rentals. It also provides management work when the property management is entrusted by the owner of the warehouse. The company was founded by Takashi Mizobe on April 1, 1993 and is headquartered in Hiroshima, Japan.