Expansion of Investment in Medical Buildings and Commercial Facilities for Lease
First written in FY2018-Q3. 11 of 23 entries say "Restated". Latest entry: FY2026.
Nitten moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Revenue from the real estate business declined 5.4% from the previous fiscal year to ¥1,166 million, while operating profit was ¥594 million, down 1.3%.」
Lower occupancy rates at certain rental properties resulted in lower revenue and profit in the real estate business. - 2026-05-13WorsenedEarnings
「The Real Estate Business recorded lower revenue and operating profit than in the previous fiscal year due to lower occupancy rates at some rental properties.」
Lower occupancy rates at some rental properties continued, resulting in lower revenue and operating profit in the Real Estate Business. - FY2026-H1WorsenedAnnual report
「Revenue from the real estate business declined 15.4% year on year to ¥561 million due to lower occupancy rates at certain rental properties, while operating profit declined 30.1% to ¥261 million.」
Lower occupancy rates at certain rental properties have continued, resulting in lower revenue and profit in the real estate business. - FY2025Lower occupancy rates at existing properties and sale of the head office buildingAnnual report
「Revenue from the real estate business declined 15.7% from the previous fiscal year to ¥1,233 million, while operating profit was ¥602 million, down 33.4%.」
While lower occupancy rates at certain rental properties resulted in lower revenue and profit, the sale of the head office building has shifted the focus from expanding investment in rental real estate toward managing the portfolio with greater emphasis on capital efficiency. - FY2024AdvancedAnnual report
「In addition, at a meeting of the Board of Directors held on 22 March, the company resolved to acquire a fixed asset, an office building, and entered into a purchase and sale agreement on 29 March.」
While lower occupancy rates at existing rental properties have reduced revenue and profit, the company resolved to acquire a rental office building in Chuo-ku, Tokyo, and is proceeding with new investment in its real estate portfolio. - FY2024-Q2New commercial retail property plans alongside lower revenue and profit from existing propertiesAnnual report
「Revenue from the real estate business declined 3.1% year on year to ¥733 million due to lower occupancy rates at certain rental properties, while operating profit declined 4.1% to ¥460 million. Reporting company Rental commercial facility (Obihiro, Hokkaido) Real estate New construction of commercial retail property 246 5 Internal funds and construction cooperation deposits October 2023 March 2024」
Although lower occupancy rates at certain rental properties continue to cause lower revenue and profit, a new construction plan for a commercial retail property in Obihiro, Hokkaido, has been confirmed. - FY2024-Q1Lower revenue and profit due to declining occupancy rates at certain rental propertiesAnnual report
「Revenue from the real estate business declined 3.4% year on year to ¥368 million due to lower occupancy rates at certain rental properties, while operating profit declined 5.6% to ¥232 million.」
Although existing rental properties contributed to earnings, lower occupancy rates at certain properties resulted in lower revenue and profit in the real estate business. - FY2023-Q2AdvancedAnnual report
「Reporting company Head office (Musashino, Tokyo) Real estate Kichijoji Nursery School New construction 178 2 Internal funds October 2022 March 2024 No impact on production capacity」
A new construction plan for Kichijoji Nursery School in the Real Estate segment was newly confirmed, with a total investment of ¥178 million, funded with internal funds, and scheduled for completion in March 2024. - FY2022RestatedAnnual report
「There were no new properties during the fiscal year. Although revenue was essentially unchanged from the previous fiscal year, improved earnings from office buildings led segment profit to exceed the previous fiscal year.」
Although no new properties were acquired, earnings continued to be generated from existing real estate properties, and profit exceeded the previous fiscal year. - FY2022-Q3RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥1,153 million, while segment profit was also essentially unchanged at ¥714 million.」
Revenue and profit in the Real Estate segment remained essentially unchanged year on year, reaffirming the continuation of earnings based on existing properties. - FY2022-Q2RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥765 million, while segment profit increased 14.7% to ¥474 million due to cost reductions.」
Revenue from the real estate business remained essentially unchanged year on year, while segment profit increased 14.7% year on year due to cost reductions. - FY2022-Q1RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥378 million, while segment profit increased 8.1% to ¥229 million due to cost reductions.」
Revenue from the real estate business, based on existing properties, was essentially unchanged year on year, while profit increased 8.1% year on year due to cost reductions. - FY2021-Q3RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥1,134 million, while segment profit was also essentially unchanged at ¥632 million.」
Revenue and profit in the Real Estate segment remained essentially unchanged year on year, reaffirming the continuation of earnings based on existing properties. - FY2021-Q2RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥755 million, while segment profit declined 2.7% to ¥413 million.」
Revenue in the Real Estate segment remained essentially unchanged year on year, while profit was maintained at ¥413 million, continuing to demonstrate earnings based on existing properties. - FY2021-Q1Consideration for requests to reduce rents due to the COVID-19 pandemicAnnual report
「Revenue from the Real Estate segment declined 0.6% year on year to ¥377 million. Although properties that began leasing operations last fiscal year contributed to revenue, the segment gave consideration to requests for rent reductions at certain commercial facilities due to the spread of COVID-19. Segment profit declined 1.5% to ¥212 million.」
Although properties that began leasing operations in the previous fiscal year contributed to revenue, Real Estate segment revenue and profit fell below the year-earlier levels due to consideration given to requests for rent reductions at certain commercial facilities. - FY2020AdvancedAnnual report
「During the fiscal year, one commercial retail outlet opened at a commercial facility in Obihiro, Hokkaido, and revenue exceeded the previous fiscal year.」
Under the plan to develop new rental commercial facilities, one commercial retail outlet opened and contributed to higher revenue in the real estate business. - FY2020-Q3RestatedAnnual report
「Revenue from the Real Estate segment was essentially unchanged year on year at ¥1,148 million, while segment profit was also essentially unchanged at ¥635 million.」
Revenue and profit in the Real Estate segment remained essentially unchanged year on year, reaffirming the continuation of earnings based on existing properties. - FY2020-Q2RestatedAnnual report
「Revenue from the Real Estate segment increased 2.3% year on year to ¥764 million, due to contributions from properties that began leasing operations in the previous fiscal year, while segment profit increased 4.0% to ¥425 million.」
Properties that began leasing operations in the previous fiscal year continued to contribute, with Real Estate segment revenue and profit exceeding the year-earlier levels. - FY2020-Q1RestatedAnnual report
「Revenue from the Real Estate segment increased 1.8% year on year to ¥380 million, due to contributions from properties that began leasing operations last fiscal year, while segment profit increased 3.2% to ¥215 million.」
Properties that began leasing operations last fiscal year continued to contribute, and revenue and profit in the Real Estate segment exceeded the year-earlier levels. - FY2019-Q3RestatedAnnual report
「Revenue from the Real Estate segment increased 7.8% year on year to ¥1,137 million, due to contributions from properties acquired in the previous fiscal year, while segment profit was essentially unchanged year on year at ¥623 million.」
Properties acquired in the previous fiscal year contributed to higher revenue, while Real Estate segment profit remained essentially unchanged year on year at ¥623 million. - FY2019-Q2AdvancedAnnual report
「The planned renewal of the employee dormitory at the Mihoro Sugar Refinery was completed in August 2018, and the renewal of the agricultural affairs office was completed in September 2018. The planned construction of a commercial retail property in the Real Estate segment was completed in August 2018, and the construction of a medical building was completed in September 2018.」
The renewal of the Mihoro Sugar Refinery employee dormitory and agricultural affairs office, together with the construction of the commercial retail property and medical building in the Real Estate segment, was completed as planned. - FY2019-Q1RestatedAnnual report
「Revenue from the Real Estate segment increased 7.2% year on year to ¥373 million, due to contributions from properties acquired in the previous fiscal year, while segment profit declined 9.5% to ¥208 million due to higher expenses.」
Properties acquired in the previous fiscal year continue to contribute to revenue, while higher expenses have reduced profit. - FY2018-Q3First statedAnnual report
「Reporting company Medical building for lease (Chuo-ku, Tokyo) Real estate Medical building New construction 460 42 Internal funds October 2017 September 2018 Steel-frame, 7 stories Total floor area 916.20 m² Reporting company Commercial facility for lease (Obihiro, Hokkaido) Real estate Commercial premises New construction 260 3 Internal funds and construction cooperation money October 2017 August 2018 Steel-frame, single-story building Total floor area 1,407.14 m² Reporting company Commercial building for lease (Chiyoda-ku, Tokyo) Real estate Purchase of commercial building 2,620 2,612 Internal funds November 2017 November 2017 Steel-reinforced concrete, 8 stories Total floor area 3,328.05 m²」
The construction of a medical building in Chuo-ku, Tokyo, the construction of a commercial retail property in Obihiro, Hokkaido, and the purchase of a commercial building in Chiyoda-ku, Tokyo, were confirmed as new major capital investments. The commercial building purchase was completed in November 2017.