Strengthening maintenance and repairs, rent management fees, and vacancy measures
First written in FY2016. 16 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Net sales were ¥3.353 billion, down 4.5% year on year, due to revisions to building management fees, an increase in transactions, and an increase in real estate brokerage transactions, while operating profit increased to ¥305 million, up 47.8% year on year.」
In the real estate business, operating profit increased 47.8% despite lower revenue, driven by management fee revisions, an increase in transactions, and growth in real estate brokerage transactions. - FY2026-H1AdvancedAnnual report
「<Real Estate Business> Revenue was ¥1,630 million, up 5.6% year on year, supported by solid rental income, while operating profit was ¥158 million, up 66.4%.」
Solid rental income resulted in higher revenue and profit in the real estate business, with operating profit up 66.4% year on year. - FY2025RestatedAnnual report
「In the real estate business, the company will work to secure stable earnings from existing managed properties, increase earnings by acquiring new managed properties, and strengthen brokerage services for real estate transactions.」
The real estate business continues to pursue stable earnings from existing managed properties, the acquisition of new managed properties, and stronger real estate brokerage services. - FY2025-H1Integration into the real estate business and steady rental incomeAnnual report
「Revenue was ¥1,543 million, supported by solid rental income, and operating profit was ¥95 million.」
The integrated real estate business, comprising the building management business, real estate sales business and other operations, reported revenue of ¥1,543 million and operating profit of ¥95 million, supported by solid rental income. - FY2024Full-year declines in revenue and profit, with a narrower decline in profitAnnual report
「Revenue was ¥3,707 million, down 1.7% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥270 million, down 8.0%.」
The business posted lower revenue and profit for the full year due to a decrease in large-scale renovation work in progress, while operating profit declined 8.0% year on year. - FY2024-Q3Narrower declines in sales and profitAnnual report
「Revenue was ¥2,748 million, down 3.0% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥217 million, down 17.4%, due to higher material prices.」
Lower revenue and profit have continued due to a decrease in large-scale renovation work in progress and higher material prices, but the declines in revenue and operating profit were 3.0% and 17.4%, respectively, narrowing from the previous period. - FY2024-Q2Continued declines in revenue and profit, with a narrower decline in profitAnnual report
「Revenue was ¥1,859 million, down 5.7% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥127 million, down 27.9%, due to higher material prices.」
Lower revenue and profit have continued due to a decrease in large-scale renovation work in progress and higher material prices. The operating profit decline was 27.9% year on year, narrower than the 46.0% decline in the previous first quarter. - FY2024-Q1WorsenedAnnual report
「Revenue was ¥875 million, down 7.5% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥49 million, down 46.0%, due to higher material prices.」
Revenue declined due to a decrease in large-scale renovation work in progress, while higher material prices also contributed to a 46.0% year-on-year decline in operating profit. - FY2023AdvancedAnnual report
「In the building management segment, revenue increased 1.9% year on year to ¥3,769 million and operating profit increased 14.1% to ¥293 million, driven by an increase in managed units through stronger sales capabilities, cost reductions, and steady progress on large-scale renovation work.」
The building management business achieved higher revenue and profit through an increase in managed units driven by stronger sales capabilities, cost reductions, and progress on large-scale renovation work. - FY2023-Q3AdvancedAnnual report
「Revenue was ¥2,832 million, up 5.5% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥262 million, up 44.9%.」
Steady progress on large-scale renovation work in progress resulted in revenue up 5.5% and operating profit up 44.9% in the building management business. - FY2023-Q2AdvancedAnnual report
「Revenue was ¥1,971 million, up 9.6% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥177 million, up 24.6%.」
Steady progress on large-scale renovation work in progress resulted in higher revenue and profit in the building management business. - FY2023-Q1AdvancedAnnual report
「Revenue was ¥946 million, up 9.1% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥92 million, up 33.8%.」
Steady progress on large-scale renovation work in progress resulted in higher revenue and profit in the building management business, with operating profit up 33.8% year on year. - FY2022ReframedAnnual report
「In the building management segment, key challenges include improving profitability in the maintenance and renovation businesses and strengthening the recurring-revenue business through steady growth in managed properties, mainly rental apartments.」
The focus of measures is shifting from conventional maintenance and renovation, rent collection management, and vacancy reduction to improving renovation profitability and strengthening the recurring-revenue business by increasing managed properties. - FY2022-Q3RestatedAnnual report
「Revenue was ¥2,684 million, up 4.0% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥181 million, up 10.7%.」
Steady progress on large-scale renovation work in progress continued to result in higher revenue and profit in the building management business. - FY2022-Q2AdvancedAnnual report
「Revenue was ¥1,798 million, up 1.7% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥142 million, up 25.4%.」
Steady progress on large-scale renovation work in progress resulted in higher revenue and profit in the building management business. - FY2022-Q1AdvancedAnnual report
「Revenue was ¥867 million, up 4.3% year on year, due to steady progress on large-scale renovation work in progress, while operating profit was ¥69 million, up 45.2%.」
Steady progress on large-scale renovation work in progress resulted in higher revenue in the building management business, while operating profit increased 45.2% year on year. - FY2021-Q3Decrease in construction work in progress and managed buildings alongside higher profitAnnual report
「Revenue was ¥2,581 million, down 5.2% year on year, due to decreases in large-scale renovation work in progress and the number of managed buildings, while operating profit was ¥163 million, up 66.3%.」
Revenue fell 5.2% year on year due to decreases in large-scale renovation work in progress and the number of managed buildings, while operating profit increased 66.3%. - FY2021-Q2Decrease in large-scale renovation work in progress alongside higher profitAnnual report
「Revenue was ¥1,767 million, down 6.5% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥113 million, up 231.1%.」
Revenue fell 6.5% due to a decrease in large-scale renovation work in progress, while operating profit increased 231.1%. - FY2021-Q1WorsenedAnnual report
「Revenue was ¥831 million, down 11.1% year on year, due to a decrease in large-scale renovation work in progress, while operating profit was ¥47 million, down 37.8%.」
A decrease in large-scale renovation work in progress resulted in lower revenue and profit in the building management business. - FY2020WorsenedAnnual report
「In the building management segment, completions of large-scale renovation work fell below plan. In addition, an additional ¥86 million provision for sublease losses arose in connection with tenant turnover at subleased properties, causing operating profit to fall substantially below the previous year's level.」
Completions of large-scale renovation work fell short of plan, while the additional ¥86 million provision for sublease losses at subleased properties also contributed to lower revenue and profit. - FY2020-Q3WorsenedAnnual report
「In the building management segment, completions of large-scale renovation work, mainly interior renovations ahead of the consumption tax increase, were strong. However, an additional ¥124 million provision for sublease losses arose in connection with tenant turnover at subleased properties, causing operating profit to fall substantially below the previous year's level. As a result, revenue in this business was ¥2,722 million, down 3.4% year on year, and operating profit was ¥98 million, down 52.2%.」
Completions of large-scale renovation work were strong, but the additional ¥124 million provision for sublease losses related to tenant turnover at subleased properties resulted in lower revenue and profit in the building management business. - FY2020-Q2WorsenedAnnual report
「In the building management segment, completions of large-scale renovation work, mainly interior renovations ahead of the consumption tax increase, were strong. However, an additional ¥124 million provision for sublease losses arose in connection with tenant turnover at subleased properties, causing operating profit to fall substantially below the previous year's level. As a result, revenue in this business was ¥1,891 million, down 3.5% year on year, and operating profit was ¥34 million, down 77.8%.」
Completions of large-scale renovation work were strong, but an additional ¥124 million provision for sublease losses related to tenant turnover at subleased properties resulted in a 77.8% year-on-year decline in operating profit in the building management business. - FY2020-Q1AdvancedAnnual report
「In the building management segment, orders and completions of large-scale renovation work, mainly interior renovations ahead of the consumption tax increase, remained strong. Together with improved rental business earnings, this resulted in higher revenue and profit year on year.」
Orders and completions of large-scale renovation work, mainly interior renovations, remained strong, and improved rental business earnings also contributed, resulting in higher revenue and profit in the building management business. - FY2019AdvancedAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, was strong. In addition, improved occupancy rates in the rental business helped revenue and operating profit both exceed plan.」
Improved construction progress and occupancy rates drove both revenue and operating profit above plan. - FY2019-Q3RestatedAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, was strong. As a result, revenue in this business was ¥2,817 million, up 5.0% year on year, and operating profit was ¥206 million, up 15.8%.」
This reconfirms that steady progress across construction projects, including large-scale renovations, resulted in higher revenue and profit in the building management business. - FY2019-Q2AdvancedAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, was strong. As a result, revenue in this business was ¥1,959 million, up 11.5% year on year, and operating profit was ¥154 million, up 31.7%.」
Progress across construction projects, which had been sluggish in the previous fiscal year, turned strong, resulting in higher revenue and profit in the building management business, including large-scale renovations. - FY2019-Q1WorsenedAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, was sluggish. As a result, revenue in this business was ¥832 million, down 7.2% year on year, and operating profit was ¥49 million, down 18.6%.」
Sluggish progress across construction projects, including large-scale renovation work, resulted in lower revenue and lower profit in the building management business. - FY2018AdvancedAnnual report
「In the building management segment, revenue increased as orders for construction projects, mainly large-scale renovation work, remained strong. Operating profit also increased as the impact of provisions for master-leased properties declined substantially.」
Orders centered on large-scale renovation work remained strong, and the impact of provisions for master-leased properties also declined, resulting in increases in both revenue and operating profit. - FY2018-Q3Construction progress recovery alongside deterioration in the master lease businessAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, recovered, but profit fell below plan, mainly due to deterioration in earnings from the rental segment's master lease business.」
Progress across construction projects, which had been sluggish in the previous quarter, recovered, but profit fell short of plan due to deterioration in earnings from the master lease business. - FY2018-Q2RestatedAnnual report
「In the building management segment, the rental business remained solid, but progress across construction projects, including large-scale renovation work, was sluggish, resulting in performance below plan.」
Rental business earnings remained solid, while progress across construction projects, including large-scale renovations, was sluggish and fell short of plan. - FY2018-Q1WorsenedAnnual report
「In the building management segment, progress across construction projects, including large-scale renovation work, was sluggish and fell below plan.」
Progress across construction projects, including large-scale renovations, which had been strong in the previous fiscal year, was sluggish and fell short of plan. - FY2017WorsenedAnnual report
「In the building management business, rents on master-leased properties in the rental business declined, while orders for construction work, mainly large-scale repairs, progressed smoothly, resulting in a slight increase in revenue. Profit from construction work was strong, supported by robust orders and a profit margin above plan. However, operating profit declined due to the recognition of provisions related to master-leased properties.」
Although orders and profit margins for large-scale repairs were strong, operating profit declined due to lower rents on master-leased properties and the recognition of provisions. - FY2017-Q3Differences in vacancy rates by property typeAnnual report
「In the building management segment, the rental business fell below plan because the vacancy rate improved for tenant properties but deteriorated for residential properties. Meanwhile, large-scale repair projects continued to progress smoothly, bringing both revenue and operating profit broadly in line with plan. As a result, revenue from this business was ¥2,665 million, up 6.4% year on year, and operating profit was ¥184 million, up 34.6% year on year.」
The vacancy rate improved for tenant properties but deteriorated for residential properties, causing the rental business to fall below plan. Meanwhile, large-scale repair projects progressed smoothly, resulting in higher revenue and profit in the building management business. - FY2017-Q2Some targets were not achievedAnnual report
「In the building management segment, the rental business fell below plan because reductions in the vacancy rate, particularly for retail properties, lagged behind schedule. Meanwhile, large-scale repair projects progressed smoothly, bringing revenue and profit broadly in line with plan.」
Large-scale repairs progressed smoothly, while delayed reductions in the vacancy rate, particularly for retail properties, caused the rental business to fall below plan. - FY2017-Q1AdvancedAnnual report
「In the building management segment, the rental business remained steady, while large-scale repair projects progressed smoothly, resulting in higher revenue and profit.」
The company states that, in connection with its previous focus on strengthening maintenance and repairs, large-scale repair projects progressed smoothly and led to higher revenue and profit. - FY2016First statedAnnual report
「In the building management segment, key challenges include strengthening the maintenance and repair business, securing appropriate property management fees, and addressing vacancies.」
Several measures to improve profitability in the building management business are listed.