News Release

2 minutes’ walk from JR Chigasaki Station, all corner units that primarily face south
Sales Begin for “Lions Shonan Chigasaki Front”
~Within walking distance to the Chigasaki coast, a safe home with indoor corridor design~

Feb 24, 2022

TOKYO, Japan - February 24, 2022 - DAIKYO INCORPORATED (“DAIKYO”) announced today that, from February 25, 2022 it will begin sales of “Lions Shonan Chigasaki Front” (total of 48 units on 11 above-ground floors), a condominium under construction in Chigasaki, Kanagawa.

Image of the exterior

Image of the entrance lounge

Lions Shonan Chigasaki Front is located a 2-minute walk from the south exit of JR Chigasaki Station, with access to the JR Tokaido Main Line, Ueno-Tokyo Line, Shonan Shinjuku Line and Sagami Line. It has direct access to metropolitan areas such as Tokyo Station and Yokohama Station, and is also comfortably located within an hour of sightseeing spots such as Atami and Hakone. Shopping centers, public facilities and medical institutions are concentrated around the property, and being located only a 16-minute walk to the Chigasaki coast, both convenience and abundant nature can be experienced.
The building utilizes the shape of the site to realize 100% of units being corner residences. In addition, the indoor corridor design ensures privacy and planning with a sense of luxury. The property has five types of 1LDK, 2LDK and 3LDK unit layouts (unit area of 35.33m2-72.52m2), and the upper floors and south-facing units are ocean-view units with balconies that overlook Sagami Bay.
The common area features a surfboard storage area, washing area, and a rooftop terrace from which fireworks from the Southern Beach Chigasaki Fireworks Display can be viewed, offering a home where Chigasaki’s unique lifestyle can be comfortably enjoyed. In addition, the first floor entrance hall is equipped with a lounge for remote work.

DAIKYO will continue to create comfortable homes that cater to the needs of its customers in harmony with the local community.


1. Features of Lions Shonan Chigasaki Front
(1) Enjoy the convenience of station-front location and abundant nature
Lions Shonan Chigasaki Front is located a close 2-minute walk from the south exit (oceanside) of JR Chigasaki Station. It has access to the JR Tokkaido Main Line, Ueno-Tokyo Line, Shonan Shinjuku Line and Sagami Line, and with 24-minute direct access to Yokohama Station and 51-minute direct access to Tokyo Station, it offers convenient access to metropolitan areas for commuting to work and school. The surrounding area features the Lusca Chigasaki shopping center, connected directly to the station, as well as large supermarkets, shopping arcades, medical facilities, and educational institutions. Chigasaki Park and the Chigasaki coast are also located within walking distance, providing close access to abundant nature. Chigasaki was ranked first overall* on the “2021 Most Booming Station Rankings,” and is an area that has been gaining popularity as a place to live in recent years due to its surrounding environment and one hour access to the metropolitan area.
*Source: Kakaku.com, Inc. “2021 Most BoomingStation Rankings”Open Link in New Window (in Japanese)

Image of Indoor corridor

(2) Exterior design based on the sea in Shonan and an indoor corridor design that considers security
The exterior design was based on the flowing waves of the sea in Shonan, with balcony eaves positioned at irregular widths and depths depending on the floor. There are five units per floor* with 100% of units being corner residences, achieved by utilizing the shape of the site. In addition, consideration was given to the building’s location close to the station, and the corridors that connect each unit adopts an indoor corridor design to ensure privacy.
*Four units per floor on the second and third floors only

Image of view from the rooftop terrace

(3) Common facilities to enjoy an extraordinary lifestyle
Common facilities include a surfboard storage area and a dedicated washing area, allowing residents to comfortably enjoy their leisure time. The rooftop features a spacious 55m2 rooftop terrace from which fireworks from the Southern Beach Chigasaki Fireworks Festival can be viewed. In addition, the first floor entrance hall is equipped with a lounge with Wi-Fi access, making it ideal for remote work.

(4) Unit layouts
There are five types of 1LDK,2LDK and 3LDK unit layouts with unit areas between 35.33m2-72.52m2, offering a variety of bright and airy units. South-facing upper floor units have ocean-view units with balconies that overlook Sagami Bay, having been designed to take advantage of the location. Other special plans include the “Pure Light Style Kitchen,” a U-shaped kitchen with two windows that allows light from two directions, and plans with an out-pole design that has no pillars in the corners for efficient room usage.

Pure Light Style Kitchen (Information Salon)

Image of view from 11th floor (Type D) balcony
2. Property overview
Address 5880-9 Saiwai-cho, Chigasaki, Kanagawa (lot number)
Access 2 minutes on foot from Chigasaki Station on the JR Tokkaido Main Line, Ueno-Tokyo Line, Shonan Shinjuku Line, Sagami Line
Scale and structure Reinforced concrete structure; 11 levels above ground
Total units 48
Unit area 35.33m2 - 72.52m2
Unit plans 1LDK, 2LDK and 3LDK
Sales start February 25, 2022
Start of construction August 27, 2021
Date of completion March 24, 2023 (planned)
Design ATAKA SEKKEI CO., LTD.
Construction DAISUE CONSTRUCTION CO.,LTD.
URL https://lions-mansion.jp/MN190014/Open Link in New Window (in Japanese)
3. Overview of first phase of sales
Units for sale 20
Unit area 35.33m2 - 72.52m2
Unit plans 1LDK, 2LDK and 3LDK
Sales price 29.9 million yen - 75.8 million yen (units for sale in the first phase)
Sales schedule Applications accepted from February 25 to 12 p.m. on February 28, 2022; lots will be drawn to determine successful applicants at 1 p.m. on February 28, 2022

[Map showing property site and information salon]

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 28 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of September 30, 2021)

Caution Concerning Forward Looking Statements:
These documents May contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2020 – March 31, 2021.”

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