Expansion of the Real Estate Business as a New Core Business
First written in FY2016. 10 of 22 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-06.
11 other companies' latest entry also says "Reframed".
- FY2023RestatedAnnual report
「The group consists of the company and 3 subsidiaries: 株式会社東京テレコムエンジニアリング, 井口建設株式会社 and 港シビル株式会社. Its main businesses are construction, real estate and related businesses, telecommunications-related business and other businesses.」
The company continues to maintain a portfolio of multiple businesses centered on civil engineering, real estate and telecommunications. - FY2023-Q1RestatedAnnual report
「In the telecommunications-related business, the company has focused on winning new projects for the operation and maintenance of telecommunications facilities and on winning orders for new types of work in order to increase revenue and gross profit.」
The company continues its policy of focusing on new projects for the operation and maintenance of telecommunications facilities and on orders for new types of work in the telecommunications-related business. - FY2021ReframedAnnual report
「The company operates primarily through 3 businesses: its civil engineering business, which it has conducted since its founding, together with its real estate and related businesses and telecommunications-related business. Through these businesses, it will continue contributing to the creation of an environment that is friendly to people and the planet, while improving the profitability of each business, pursuing a highly profitable business model and advancing its operations.」
Following the dissolution of the acupuncture and osteopathic clinic business, the company has reaffirmed a business portfolio centered on 3 businesses: civil engineering, real estate and telecommunications. - FY2021-Q3AdvancedAnnual report
「To develop new business areas and expand the scale of its operations, the company has been moving to make 港シビル株式会社, a construction company with strong technology and a solid track record in port and river construction in Tokyo, a subsidiary.」
As a concrete measure to diversify and expand its business base, the company has been moving to make 港シビル株式会社, which undertakes port and river construction and other projects, a subsidiary. - FY2021-Q2AdvancedAnnual report
「(Real estate and related businesses) In the real estate and related businesses, revenue was ¥723.208 million, up 69.9% year on year, and segment profit (operating profit) was ¥150.362 million, up 130.5% year on year, owing to sales of real estate properties, rental income and leasing and sales of OLY equipment.」
Through real estate property sales, rental income and leasing and sales of OLY equipment, the real estate and related businesses generated revenue of ¥723.208 million and segment profit of ¥150.362 million, representing year-on-year increases of 69.9% and 130.5%, respectively. - FY2020-Q3RestatedAnnual report
「The company operates primarily through 3 businesses: its civil engineering business, which it has conducted since its founding, together with its real estate and telecommunications-related businesses. Through these businesses, it will continue contributing to the creation of an environment that is friendly to people and the planet, while improving the profitability of each business, pursuing a highly profitable business model and advancing its operations.」
The company continues to operate a portfolio centered on 3 businesses—civil engineering, real estate and telecommunications—and pursue higher profitability in each business and a highly profitable business model. - FY2019RestatedAnnual report
「The company operates primarily through 3 businesses: its civil engineering business, which it has conducted since its founding, together with its real estate and telecommunications-related businesses. Through these businesses, it will continue contributing to the creation of an environment that is friendly to people and the planet, while improving the profitability of each business, pursuing a highly profitable business model and advancing its operations.」
The company continues to diversify around 3 businesses—civil engineering, real estate and telecommunications—and improve the profitability of each business. It has separately decided to discontinue the acupuncture and osteopathic clinic business. - FY2019-Q3SoftenedAnnual report
「During the 3-month consolidated accounting period ended in the third quarter, the company decided to discontinue the acupuncture and osteopathic clinic business operated by consolidated subsidiary エトス株式会社.」
The company stated that it had decided to discontinue the acupuncture and osteopathic clinic business, which had been part of its diversification and new-business initiatives, indicating a partial scaling back of its policy of establishing new businesses as core businesses. - FY2019-Q2AdvancedAnnual report
「In the real estate and related businesses, revenue was ¥721.980 million, up 145.5% year on year, and segment profit (operating profit) was ¥74.325 million, compared with a segment loss of ¥26.881 million in the same period of the previous year, owing to sales of real estate properties, rental income and leasing and sales of OLY equipment.」
Revenue increased 145.5% year on year through real estate property sales, rental income and leasing and sales of OLY equipment, while the segment loss in the same period of the previous year turned into segment profit of ¥74.325 million. - FY2019-Q1AdvancedAnnual report
「The transaction was carried out to further advance the strategy of improving the group's earnings power and expanding its business base. / Business combination date: 2018-09-26 / Voting rights acquired: 100%」
To improve earnings power and expand its business base, the company acquired 100% of the voting rights of 井口建設 on 2018-09-26 and completed the formation of the subsidiary. - FY2018AdvancedAnnual report
「In the telecommunications-related business, the company has pursued proactive sales activities and developed its organizational structure to increase revenue and gross profit from maintenance and management services for telecommunications lines. / In the telecommunications-related business, revenue was ¥392 million, gross profit was ¥190 million, and segment profit (operating profit) was ¥48 million, mainly from maintenance and management services for telecommunications lines at NTT facilities.」
The company pursued sales activities and developed its organizational structure in the telecommunications-related business, recording full-year revenue of ¥392 million and segment profit of ¥48 million. - FY2018-Q3RestatedAnnual report
「In its telecommunications business, the company has pursued proactive sales activities and developed its organizational structure to expand its existing maintenance and management services for telecommunications lines.」
For the telecommunications-related business operated by 東京テレコムエンジニアリング and others, the company continues sales activities and organizational development aimed at expanding maintenance and management services. - FY2018-Q2AdvancedAnnual report
「As another new business initiative, following エトス株式会社, which operates the acupuncture and osteopathic clinic business, and 株式会社東京テレコムエンジニアリング, which operates a telecommunications-related business, the company acquired all shares of 株式会社山栄テクノ, which performs small-diameter pipe jacking in civil engineering, in January 2018 and made it a subsidiary.」
Regarding 山栄テクノ, for which the previous quarter's disclosure stated that an agreement had been signed and the acquisition was scheduled to be completed, the company acquired all shares in January 2018 and completed the formation of the subsidiary. The acquisition cost was ¥65 million, and the voting rights ratio was 100%. - FY2018-Q1AdvancedAnnual report
「Since acquiring all shares in May 2017 and making 株式会社東京テレコムエンジニアリング a subsidiary, the company has developed its telecommunications-related business primarily through maintenance and management work at NTT facilities. / At a meeting of the Board of Directors held on 8 December 2017, the company resolved to acquire all shares of 株式会社山栄テクノ and make it a subsidiary. Based on this resolution, it entered into a share transfer agreement dated 8 December 2017. The share transfer was scheduled to be completed on 31 January 2018.」
東京テレコムエンジニアリング launched and developed its telecommunications-related business, and the company entered into an agreement to acquire all shares of 山栄テクノ. The acquisition cost was ¥65 million, the post-acquisition ownership ratio was 100%, and completion of the acquisition was scheduled for 31 January 2018. - FY2017RestatedAnnual report
「The company will continue to develop new businesses following the acupuncture and osteopathic clinic business of エトス株式会社 and the maintenance and management business at NTT facilities of 株式会社東京テレコムエンジニアリング, establish them as core businesses of the group, and expand its performance.」
The company has reaffirmed its policy of continuing to diversify, including the acupuncture and osteopathic clinic business and the maintenance and management business at NTT facilities, and establishing new businesses as group core businesses. - FY2017-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 April 2017, the company resolved to acquire all shares of 株式会社東京テレコムエンジニアリング and make it a subsidiary. Based on this resolution, it entered into a share transfer agreement dated 10 May 2017 and acquired the shares on 18 May 2017.」
As a concrete step in developing new businesses following real estate and acupuncture and osteopathic clinics, the company acquired all shares of a company engaged in operating and maintaining telecommunications facilities and made it a subsidiary. The acquisition cost was ¥210 million, the post-acquisition ownership ratio was 100%, and the acquisition was intended to improve earnings, expand operations and secure a stable business base. - FY2017-Q2AdvancedAnnual report
「As a new business, the company completed accommodation for workers involved in earthquake-reconstruction work in Naraha, Futaba District, Fukushima Prefecture, and commenced operations.」
As a concrete step in developing a new business, accommodation for workers involved in earthquake-reconstruction work in Naraha, Fukushima Prefecture, was completed and began operating. Elsewhere, the company also explained that the start of operations had been delayed. - FY2017-Q1AdvancedAnnual report
「As a new business, consolidated subsidiary エトス株式会社 opened an acupuncture and osteopathic clinic in Kashiwa, Chiba Prefecture, and commenced operations.」
As a concrete step in developing a new business, エトス株式会社 opened an acupuncture and osteopathic clinic in Kashiwa, Chiba Prefecture, and commenced operations. - FY2016First statedAnnual report
「In addition to its water and sewerage businesses, the company will expand its real estate business and launch new businesses, establish them as core businesses, and expand its performance.」
The company has indicated a policy of establishing the expansion of its real estate business and the launch of new businesses outside the construction business as core businesses.