Our corporate mission is “Creating futuristic, innovative spaces that brim with hospitality, providing a beautiful experience for people visiting our stores, and helping our tenants prosper. ”As a developer of urban shopping complexes, we are engaged in the development, management and operation of shopping complexes.

To achieve the vision of these management principles and to further enhance the corporate value of the PARCO Group, we established a new Five-Year Medium-Term Management Plan in fiscal 2005. Since then, we have vigorously pursued this plan and transitioned from defense to offense based on the themes of strengthening operational and development capabilities of shopping complexes, fostering new businesses and taking on new challenges, and deepening and broadening peripheral businesses.

Furthermore, our corporate group (PARCO group) has been formed as a highly flexible and responsive corporate organization that will stay on top of the latest trends of the times and markets. With our company at the center, each PARCO group company handles its own respective market information, and PARCO group, while strengthens interconnected ties, also carries out development, management and operation of urban shopping complexes. This basic management policy maximizes the corporate value of PARCO group.

We consider returning profit to shareholders to be one of our top priorities, and follow our basic guideline of strengthening our management base by enhancing profitability and improving financial conditions through efficiently executing our operations, as well as maintaining a stable payment of dividends. We plan to use our internal reserves to strengthen our marketing ability, primarily through capital investments, to increase our competitiveness, and to sustain stable growth.