First-quarter results for the real estate business
First written in FY2024-Q1. . Latest entry: 2026-09-14.
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- FY2026-H1Update to interim results for the real estate distribution businessAnnual report
「(Real estate distribution business) The real estate distribution business performed generally well in real estate brokerage. In real estate sales, however, many resort properties offering ocean views, the Company's main concept, had acquisition prices that did not meet its investment return criteria. As a result of careful selection, the number of acquisitions fell below the initial plan, and the number of properties sold also fell short of plan. In addition, selling prices were below initial expectations, resulting in revenue from real estate sales falling below the initial plan. As a result of these factors, revenue was ¥39 million, down 67.7% year on year, and the business recorded an operating loss of ¥2 million, compared with operating profit of ¥8 million in the previous year.」
Real estate brokerage performed generally well, but the number of resort properties acquired and sold fell short of plan, and selling prices were also below expectations. The real estate distribution business reported lower revenue and profit and recorded an operating loss. - FY2025-H1Update to interim results for the real estate distribution businessAnnual report
「In the real estate distribution business, revenue was ¥122 million, down 48.0% year on year, and operating profit was ¥8 million, down 20.7%, due to a decline in unit prices in real estate sales.」
The former real estate business was presented as the real estate distribution business, which reported interim revenue of ¥122 million and operating profit of ¥8 million. Lower selling prices resulted in lower revenue and profit year on year. - FY2024Update to full-year real estate resultsAnnual report
「In the real estate business, operations commenced at 日本リゾートバンク株式会社, a wholly owned subsidiary established by the Company in the fiscal year ended July 2023. As a result, the Group was able to engage in real estate sales and brokerage, generating revenue of ¥275 million, up 125.8% year on year, and segment profit of ¥10 million, compared with a segment loss of ¥1 million in the previous year.」
The disclosure was updated from quarterly to full-year results. The real estate business generated revenue of ¥275 million and segment profit of ¥10 million, turning profitable from the segment loss recorded in the previous year. - FY2024-Q3Update to third-quarter real estate resultsAnnual report
「In the real estate business, operations commenced at 日本リゾートバンク株式会社, a wholly owned subsidiary established by the Company in the fiscal year ended July 2023. As a result, the Group was able to engage in real estate sales and brokerage, generating revenue of ¥259 million and operating profit of ¥11 million.」
Following the first- and second-quarter results, revenue of ¥259 million and operating profit of ¥11 million were disclosed for the cumulative third quarter period in the real estate business. - FY2024-Q2Update to second-quarter real estate resultsAnnual report
「In the real estate business, operations of 日本リゾートバンク株式会社, a wholly owned subsidiary established by the company in the fiscal year ended July 2023, commenced, enabling the group to engage in real estate sales and brokerage. Revenue was ¥235.433 million and operating profit was ¥10.548 million.」
Following the initial quarterly results, revenue of ¥235 million and operating profit of ¥11 million were disclosed for the cumulative second quarter period in the real estate business. - FY2024-Q1First statedAnnual report
「In the real estate business, operations commenced at 日本リゾートバンク株式会社, a wholly owned subsidiary established by the Company in the fiscal year ended July 2023. As a result, the Group was able to engage in real estate sales and brokerage, generating revenue of ¥191 million and operating profit of ¥12 million.」
Following the commencement of operations at 日本リゾートバンク株式会社, revenue of ¥191 million and operating profit of ¥12 million in the real estate business were disclosed for the first time as quarterly results for the first quarter of the current fiscal year.