Diversifying revenue sources through engineering, environmental services, renewal, and maintenance and upgrades
First written in FY2016. 16 of 31 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In Japan and overseas, the company is advancing high-value-added real estate development businesses that combine construction expertise with real estate know-how. Overseas, while carefully assessing business conditions in each region, it is accelerating the global expansion of its distribution warehouse development business, which has grown into a strong earnings base. In Japan, it is expanding its portfolio of business assets and focusing on initiatives to improve the profitability of rental properties.」
The company is diversifying its revenue sources by combining construction expertise with real estate development know-how, expanding distribution warehouse development overseas, diversifying its business assets in Japan, and improving the profitability of rental properties. - FY2026-H1AdvancedAnnual report
「Revenue and gross profit in development and other businesses have remained below the levels in the previous interim consolidated accounting period. However, several real estate development properties are planned for sale from the third quarter onward, and discussions toward their sale are progressing.」
Development and other businesses recorded lower revenue and profit as of the interim period, while several real estate development properties are planned for sale from the third quarter onward, and discussions regarding their sale are progressing. - FY2025-H1Lower revenue and profit in the development business coincided with planned sales and handovers in the fourth quarterAnnual report
「Revenue and gross profit in development and other businesses have remained below the levels in the previous interim consolidated accounting period. However, the handover of condominiums for sale and the sale of office buildings are scheduled for the fourth quarter, and the company views progress as being in line with its plan.」
Development and other businesses recorded lower revenue and profit as of the interim period, while the handover of condominiums for sale and the sale of office buildings are scheduled for the fourth quarter. The company explained that progress is in line with its plan. - FY2024AdvancedAnnual report
「By developing businesses in Japan and overseas that combine construction expertise with real estate development know-how, the company is strengthening its capabilities and earnings power across every phase of the construction value chain, from upstream to downstream, with the aim of achieving sustainable profit growth.」
The company continues to develop and implement its policy of strengthening capabilities and earnings power across the entire value chain by combining construction expertise with real estate development know-how and expanding its businesses in Japan and overseas. Development and other businesses generated revenue of ¥85.3 billion and operating profit of ¥18.4 billion. - FY2024-Q3AdvancedAnnual report
「As sales of the planned real estate sales projects progressed steadily during the current consolidated fiscal year, both net sales and operating profit exceeded the same cumulative period of the previous fiscal year. Net sales increased 64.4% year on year to ¥52.5 billion, compared with ¥31.9 billion, while operating profit increased 72.9% to ¥9.4 billion, compared with ¥5.4 billion.」
Among revenue sources other than construction contracts, sales of planned real estate projects progressed, resulting in a significant increase in revenue and operating profit in development and other businesses. The diversification of revenue sources is generating a concrete contribution to earnings. - FY2024-Q2AdvancedAnnual report
「The business is progressing steadily, including the completion of the handover of one of the real estate sales projects planned for sale during the current consolidated fiscal year. In addition, the company entered the logistics facility development business as part of a new investment aimed at contributing to future profits.」
In addition to the handover of a real estate sales project, the company entered the logistics facility development business. Efforts to expand revenue sources beyond construction contracts are taking concrete shape. - FY2024-Q1The absence of properties for sale coincided with a recovery in leasing and related businessesAnnual report
「Revenue increased in both the real estate development and design and engineering businesses, rising 7.1% year on year to ¥10.7 billion, from ¥10.0 billion. Operating profit declined 10.5% to ¥1.3 billion, from ¥1.4 billion, mainly because there were no sales of large real estate properties. Domestic affiliates exceeded the same period of the previous year in both revenue and operating profit, supported by steady construction of projects on hand and the recovery of the hotel operations and asphalt-mix sales businesses in development and other businesses.」
Development and other businesses recorded higher revenue due to growth in real estate development and design and engineering, but profit declined because there were no sales of large properties. At domestic affiliates, the recovery of the hotel operations and asphalt-mix sales businesses contributed to higher revenue and profit. - FY2023AdvancedAnnual report
「By developing businesses in Japan and overseas that combine construction expertise with real estate development know-how, the company is strengthening its capabilities and earnings power across every phase of the construction value chain, from upstream to downstream, with the aim of achieving sustainable profit growth.」
The company has set out a policy of strengthening capabilities and earnings power across the value chain, from upstream to downstream, by combining construction expertise with real estate development know-how and expanding its businesses in Japan and overseas. - FY2023-Q3AdvancedAnnual report
「Driven mainly by growth in the real estate leasing business, both revenue and operating profit exceeded the levels in the same period of the previous year. Revenue was ¥31.9 billion, up 5.6% year on year (¥30.2 billion in the same period of the previous year), and operating profit was ¥5.4 billion, up 8.3% (¥5.0 billion).」
Despite the absence of large real estate sales projects, development and other businesses recorded higher revenue and profit due to growth in the real estate leasing business. The diversification of revenue sources, including leasing, is contributing to earnings. - FY2023-Q2The absence of large sales projects coincided with firm performance in the leasing businessAnnual report
「Although there were no major real estate sales projects in development and other businesses, revenue from the real estate leasing business increased and remained firm.」
Although there were no large real estate sales projects, revenue from the real estate leasing business increased. Overall, development and other businesses generated revenue of ¥19.5 billion and operating profit of ¥3.4 billion, representing higher revenue and lower profit year on year. - FY2023-Q1The absence of large sales projects coincided with growth in leasing and design businessesAnnual report
「Revenue rose 8.2% year on year to ¥10.0 billion, from ¥9.3 billion, driven by growth in the design and engineering business. Operating profit declined 7.2% to ¥1.4 billion, from ¥1.6 billion, mainly due to the decline in the real estate sales business.」
In development and other businesses, revenue increased due to growth in the design and engineering business despite the absence of large real estate sales projects. Operating profit declined, mainly due to the decrease in the real estate sales business, with performance differing by revenue source. - FY2022-Q3Declines in revenue and profit following the handover of large properties continuedAnnual report
「As large properties were handed over in the real estate sales business in the same period of the previous year, revenue and operating profit were both at high levels. Consequently, revenue was ¥30.2 billion, down 29.7% year on year (¥43.0 billion in the same period of the previous year), and operating profit was ¥5.0 billion, down 47.8% (¥9.6 billion).」
Development and other businesses recorded a 29.7% decline in revenue and a 47.8% decline in operating profit due to the reaction to the handover of large properties in the same period of the previous year. Earnings continue to fluctuate depending on the timing of handovers of large properties. - FY2022-Q2Declines in revenue and profit following the handover of large properties continuedAnnual report
「As large properties were handed over in the real estate sales business in the same period of the previous year, revenue and operating profit were both at high levels. Consequently, revenue was ¥19.1 billion, down 41.1% year on year (¥32.5 billion in the same period of the previous year), and operating profit was ¥3.5 billion, down 56.8% (¥8.3 billion).」
Development and other businesses recorded lower revenue and profit due to the reaction to the handover of large properties in the same period of the previous year. Earnings continue to fluctuate depending on the timing of handovers of large properties. - FY2022-Q1Revenue and profit declined following the handover of large propertiesAnnual report
「As large properties were handed over in the real estate sales business in the same period of the previous year, revenue and operating profit were both at high levels. Consequently, revenue was ¥9.3 billion, down 58.4% year on year (¥22.3 billion in the same period of the previous year), and operating profit was ¥1.6 billion, down 74.0% (¥6.1 billion).」
Development and other businesses recorded a 58.4% decline in revenue and a 74.0% decline in operating profit due to the reaction to the handover of large properties in the same period of the previous year. The results indicate that earnings from revenue sources other than construction contracts fluctuate depending on the timing of project handovers. - FY2021AdvancedAnnual report
「The company aims to monetize businesses focused on solving social issues in promising fields such as the environment and energy, smart cities and smart societies, and infrastructure operations.」
Regarding the diversification of revenue sources around the construction business, the company indicated that it plans to monetize businesses focused on solving social issues, including those involving the environment and energy, smart cities and smart societies, and infrastructure operations. - FY2021-Q3AdvancedAnnual report
「In addition to the handover of large properties in the real estate sales business, the leasing business remained firm, resulting in revenue of ¥43.0 billion, up 37.6% year on year (¥31.2 billion in the same period of the previous year), and operating profit of ¥9.6 billion, up 113.8% (¥4.5 billion).」
In development and other businesses, both revenue and operating profit increased significantly, driven by the handover of large properties and the firm performance of the leasing business. Contributions to earnings from revenue sources other than construction contracts are expanding. - FY2021-Q2AdvancedAnnual report
「Mainly because of the delivery of a large property in the real estate sales business, net sales increased 55.8% year on year to ¥32.5 billion, compared with ¥20.9 billion in the same cumulative period of the previous fiscal year, while operating profit increased 136.5% to ¥8.3 billion, compared with ¥3.5 billion.」
Revenue and profit growth from the delivery of large properties became tangible in revenue sources beyond construction contracting, including development and real estate sales. - FY2021-Q1AdvancedAnnual report
「Net sales increased 126.0% year on year to ¥22.3 billion, compared with ¥9.8 billion in the same cumulative period of the previous fiscal year, mainly because real estate sales revenue increased following the delivery of a large property. Operating profit increased 336.4% year on year to ¥6.1 billion, compared with ¥1.4 billion, owing to higher net sales and an improved gross profit margin.」
Revenue sources beyond construction contracting, including development and real estate sales, posted higher revenue and profit following the delivery of large properties. - FY2020AdvancedAnnual report
「Domestic affiliates are helping expand the group's production capacity in the domestic construction business by converting positions with labor shortages to direct employment and developing multi-skilled workers. They are also strengthening efforts in the upstream and downstream fields of the construction business. Building management services, which fall within the downstream field, are viewed as a growth area, and the business is being expanded through data connectivity from the construction stage to the management and operation stage, as well as advanced use of ICT.」
Domestic affiliates have defined a policy of expanding production capacity through direct employment and multi-skilled worker development, while expanding post-construction building management services through data connectivity and the use of ICT. - FY2020-Q3Higher profit from lower real estate sales revenue and improved marginsAnnual report
「Revenue fell 7.9% year on year to ¥31.2 billion (¥33.9 billion), due to lower real estate sales income. Operating profit rose 21.8% to ¥4.5 billion (¥3.7 billion), mainly because the gross margin of the development business and other operations improved.」
The development business and other operations posted lower revenue because real estate sales income declined, while operating profit rose 21.8% because the gross margin improved. - FY2020-Q2Lower real estate sales revenue coexists with improvement in the rental businessAnnual report
「Revenue from the development business and other operations fell 13.2% year on year to ¥20.9 billion due to lower real estate sales income, while operating profit rose 0.8% to ¥3.5 billion, mainly because the rental business improved.」
Revenue declined because real estate sales income decreased, while operating profit edged up as the rental business improved. Trends in revenue sources, including sales and rental income, diverged. - FY2020-Q1Planned real estate sales coexist with a year-on-year decline due to the comparison baseAnnual report
「The development business and other operations are expected to remain solid, including through planned sales of real estate held for sale during fiscal 2019. As domestic and overseas affiliates are also expected to secure stable operating profit, we believe there is no need at present to revise the full-year consolidated earnings forecast.」
While sales of real estate held for sale were planned during fiscal 2019, first-quarter revenue fell 43.2% and operating profit fell 45.0% because of the comparison with multiple real estate sales in the same quarter of the previous year. - FY2019Higher revenue but lower profitAnnual report
「Revenue rose 11.5% year on year to ¥51.2 billion (¥45.9 billion), mainly due to sales of real estate held for sale. Operating profit fell 20.7% to ¥5.4 billion (¥6.8 billion), mainly because gross profit from the design and engineering businesses declined, despite an increase in gross profit from the real estate development business.」
The development business and other operations posted higher revenue due to sales of real estate held for sale, while operating profit declined because gross profit from the design and engineering businesses decreased. - FY2019-Q3AdvancedAnnual report
「In the development business and other operations, revenue rose 20.3% year on year to ¥33.9 billion (¥28.2 billion), mainly due to sales of owned assets. Operating profit rose 9.0% to ¥3.7 billion (¥3.3 billion).」
The development business and other operations posted revenue growth of 20.3% and operating profit growth of 9.0% through the sale of owned assets, with revenue sources beyond construction contracting contributing to consolidated results. - FY2019-Q2AdvancedAnnual report
「Revenue rose 31.5% year on year to ¥24.0 billion (¥18.3 billion in the same period of the previous year), while operating profit rose 77.1% to ¥3.4 billion (¥1.9 billion), mainly due to sales of owned assets.」
The development business and other operations posted revenue growth of 31.5% and operating profit growth of 77.1% through the sale of owned assets. Tangible revenue and profit growth from sources beyond construction contracting was demonstrated. - FY2018Lower revenue and profit due to the absence of large property salesAnnual report
「Revenue fell 36.1% year on year to ¥45.9 billion (¥71.8 billion in the previous consolidated fiscal year), mainly because no large property sales were recorded as in the previous consolidated fiscal year. Operating profit fell 30.7% to ¥6.8 billion (¥9.8 billion).」
The development business and other operations posted lower full-year revenue and profit because of the reaction to large property sales in the previous year. No withdrawal from the policy of diversifying revenue sources through construction-related fields and rental operations was indicated. - FY2018-Q3AdvancedAnnual report
「Revenue rose 16.5% year on year to ¥28.2 billion (¥24.2 billion), supported by steady rental real estate income and other sources. Operating profit rose 52.0% to ¥3.3 billion (¥2.2 billion), also benefiting from an improved gross margin in the development business and other operations.」
In the development business and other operations, revenue rose 16.5% and operating profit rose 52.0%, supported by rental real estate income and improved gross margins, marking tangible revenue and profit growth from the previous quarter's broadly unchanged level. - FY2018-Q2RestatedAnnual report
「Revenue remained broadly at the same level as in the same period of the previous year, rising 3.9% to ¥18.3 billion (¥17.6 billion). Operating profit also remained broadly at the same level, rising 0.8% to ¥1.9 billion (¥1.9 billion).」
The development business and other operations generated revenue of ¥18.3 billion and operating profit of ¥1.9 billion. Both increased year on year but remained broadly at the same level. No significant change was indicated in the existing direction of diversifying revenue sources. - FY2018-Q1Higher sales alongside lower profitAnnual report
「Revenue rose 13.9% year on year to ¥7.4 billion (¥6.5 billion in the same period of the previous year), as rental real estate income and other sources remained solid. Operating profit was broadly unchanged from the same period of the previous year, declining 7.0% to ¥0.4 billion (¥0.5 billion).」
In the development business and other operations, revenue rose 13.9% on rental real estate income and other sources, while operating profit declined 7.0%. Revenue growth and profit decline coexisted across the revenue sources. - FY2017-Q3AdvancedAnnual report
「Revenue rose 20.9% year on year to ¥24.2 billion (¥20.0 billion in the same period of the previous year), mainly because properties sold were delivered. Operating profit rose more than 19-fold to ¥2.2 billion (¥0.1 billion), mainly due to an improvement in the gross margin of the development business and other operations.」
In the development business and other operations, revenue rose 20.9% year on year and operating profit increased more than 19-fold following the delivery of sold properties, expanding the track record of revenue sources beyond construction contracting. - FY2016First statedAnnual report
「In the upstream and downstream fields of the construction business, we aim to increase value added and diversify revenue sources by participating in projects from the upstream planning stage, focusing on engineering and environmental services, deepening our involvement in renewal projects, and maintaining and upgrading infrastructure. We will also work with group companies to provide facility operation and management services.」
The company is expanding beyond construction contracting into upstream project stages, renewal, infrastructure maintenance and upgrades, and facility operation and management.