- Business
- Urbanet Corporation Co., Ltd. (3242.T) develops and sells real estate properties primarily in Japan, with a focus on urban studio apartments and condominiums for investment; it also engages in condominium sales for owner-occupiers, detached houses, real estate leasing, brokerage, and purchase-and-sale activities through its Real Estate Business segment. The Hotel Business segment manages hotels and provides contracted services including design, design supervision, and construction management, while the company operates a Type II Financial Instruments Business. Founded in July 1997 and headquartered in the Kasumigaseki Building, 35F, 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo, Japan, Urbanet maintains 29 subsidiaries and emphasizes in-house innovations such as custom bathtubs, enhanced storage solutions like walk-in closets and large shoe closets, monotone exterior designs, location selection within 10-minute walks from stations in Tokyo and other high-demand areas, and artistic entrance installations. Recent developments include robust financial growth in Q3 fiscal 2025, a dividend increase to 21 yen per share for the fiscal year ending June 2025 from 19 yen the prior year with an additional distribution announced in November 2025, a corrected financial report for the 28th term (July 2024 to June 2025), and a rise in outstanding shares to 35,574,100 as of June 30, 2025 amid ongoing exercise of subscription rights.