Nihon Eslead Corporation. The Group's principal activity is the operation of real estate business, mainly planning, development and sale of condominiums in the Kansai area. Operations are carried out through the following divisions: REAL ESTATE SALES (sale of condominiums); OTHER (leasing, brokerage and management/maintenance of real estate, non-insurance agency, condominium interior works). Real estate sales accounted for 97% of fiscal 2002 revenues and other, 3%.