Sluggish sales in the real estate sales business
First written in FY2017-Q3. 14 of 24 entries say "Restated". Latest entry: FY2024.
Kudo moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 9 of 40 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2024Higher revenue and lower earnings due to the sale of business-use real estateAnnual report
「Revenue was ¥253 million, up 40.7% year on year, due to the sale of income-producing real estate, while operating profit was ¥21 million, down 72.3%.」
The sale of income-producing real estate drove revenue up 40.7% year on year, while operating profit declined 72.3%. - FY2024-Q1Brokerage-fee revenue continued as the only source of revenueAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees.」
The real estate sales segment continues to generate revenue solely from brokerage fees. - FY2023AdvancedAnnual report
「In the real estate sales business, the sale of income-producing real estate resulted in revenue of ¥179 million and operating profit of ¥79 million. (Revenue in the same period of the previous year consisted solely of brokerage fees.)」
The real estate sales business, which generated only brokerage-fee revenue in the same period of the previous year, recorded revenue of ¥179 million and operating profit of ¥79 million in the fiscal year from the sale of income-producing real estate. - FY2023-Q3RestatedAnnual report
「There was no revenue from the real estate sales segment. (Reference: Revenue of ¥17 million in the same period of the previous year.)」
The real estate sales segment generated no revenue in the third quarter and remains sluggish. - FY2023-Q2RestatedAnnual report
「There was no revenue from the real estate sales segment.」
The real estate sales segment generated no revenue in the second quarter and remains sluggish. - FY2023-Q1WorsenedAnnual report
「There was no revenue from the real estate sales segment.」
The real estate sales segment, which had generated revenue solely from brokerage fees in the previous disclosure, generated no revenue in the first quarter. - FY2022Brokerage-fee revenue continued, but declinedAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees. (Reference: Revenue of ¥33 million in the same period of the previous year.)」
The real estate sales segment continued to generate revenue solely from brokerage fees, with revenue for the fiscal year declining 46.2% year on year to ¥17.760 million. - FY2022-Q3RestatedAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees. (Reference: Revenue of ¥33 million in the same period of the previous year )」
The real estate sales segment continues to generate revenue solely from brokerage fees. - FY2022-Q2RestatedAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees. (Reference: Revenue of ¥9 million in the same period of the previous year.)」
The real estate sales segment continues to generate revenue solely from brokerage fees. - FY2022-Q1WorsenedAnnual report
「There was no revenue from the real estate sales segment.」
The real estate sales segment, which generated revenue solely from brokerage fees in the previous quarter, generated no revenue in the first quarter. - FY2021-Q2RestatedAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees. (Reference: There was no revenue in the same period of the previous year.)」
The real estate sales segment had no revenue in the same period of the previous year and has continued to generate only brokerage-fee revenue in the current period. - FY2021-Q1Sales generated solely from brokerage feesAnnual report
「Revenue from the real estate sales segment consisted solely of brokerage fees. (Reference: There was no revenue in the same period of the previous year.)」
The real estate sales segment, which generated no revenue in the same period of the previous year, generated revenue solely from brokerage fees in the quarter. - FY2020RestatedAnnual report
「There was no revenue from the real estate segment in the fiscal year. (Reference: Revenue of ¥264 million and operating profit of ¥222 million in the same period of the previous year.)」
The real estate sales segment generated no revenue in the fiscal year and remains sluggish after revenue and profit were generated by the sale of fixed assets in the same period of the previous year. - FY2020-Q3RestatedAnnual report
「There was no revenue from the real estate sales segment in the third quarter. (Reference: Revenue in the same period of the previous year consisted solely of brokerage fees.)」
The real estate sales segment generated no revenue in the third quarter, and remains sluggish after recording only brokerage-fee revenue in the same period of the previous year. - FY2020-Q1RestatedAnnual report
「There was no revenue from the real estate sales segment in the first quarter. (Reference: There was also no revenue in the same period of the previous year.)」
The real estate sales business again had no sales in the first quarter, continuing to disclose weak conditions. - FY2019Revenue recovery through fixed-asset salesAnnual report
「During the fiscal year, the company did not acquire any new land and sold business-use fixed assets in Sendai, Miyagi Prefecture.」
The real estate sales business did not acquire any new land, but recorded revenue of ¥264 million and operating profit of ¥222 million from the sale of fixed assets in Sendai. - FY2019-Q3RestatedAnnual report
「Sales related to the real estate business during the third quarter consisted solely of brokerage fees.」
The real estate sales business generated only brokerage-fee revenue in the third quarter as well. - FY2019-Q2RestatedAnnual report
「There were no sales related to the real estate business during the second quarter. (For reference, there were also no sales in the same period of the previous year.)」
The real estate sales business again had no sales in the second quarter, continuing to disclose weak conditions. - FY2019-Q1RestatedAnnual report
「There were no sales related to the real estate business during the first quarter. (For reference, there were also no sales in the same period of the previous year.)」
The real estate sales business again had no sales in the first quarter, continuing to disclose weak conditions. - FY2018-Q3Sales generated solely from brokerage feesAnnual report
「Sales related to the real estate business during the third quarter consisted solely of brokerage fees. As a result, sales in this business were ¥1 million, down 95.1% year on year, while operating profit was ¥1 million, up 313%.」
The real estate sales division, which had recorded no sales through the previous quarter, generated only brokerage fees during the quarter, but sales remained low, down 95.1% year on year. - FY2018-Q2RestatedAnnual report
「There were no sales related to the real estate business during the second quarter.」
The real estate sales business again had no sales in the second quarter, confirming the continuation of weak conditions. - FY2018-Q1RestatedAnnual report
「There were no sales related to the real estate business during the first quarter. There were also no sales in the same period of the previous year.」
The real estate sales business again had no sales in the first quarter, confirming the continuation of weak conditions. - FY2017RestatedAnnual report
「As a result, sales in this business were ¥82 million, down 53.8% year on year, and operating profit was ¥35 million, down 69.2%.」
For the full year, the real estate sales business remained at net sales of ¥82 million and operating profit of ¥35 million, recording lower revenue and lower profit than in the previous year. - FY2017-Q3First statedAnnual report
「There were no sales from the real estate sales division during the third quarter. As a result, sales in this business were ¥34 million, down 80.9% year on year, and operating profit was ¥0 million, down 99.7%.」
The real estate sales division had no sales during the third quarter, while cumulative sales also fell 80.9% year on year and operating profit was ¥0 million.