Maintaining Full Occupancy at Rental Buildings and Monetizing the Shinjuku Nakamuraya Building

「以上のような営業活動を行いましたが、売上高は453,639千円、前年同期に対し6,038千円、1.3％の減収となり、営業利益は220,533千円、前年同期に対し4,996千円の減益となりました。」

「Despite these operating activities, revenue was ¥912,537 thousand, a decline of ¥4,422 thousand, or 0.5%, from the same period of the previous year, due to the impact of rent revisions at some stores, while operating profit was ¥427,830 thousand, a decline of ¥24,751 thousand, or 5.5%.」

「Due to the impact of rent revisions at some stores, revenue was ¥459,677 thousand, a decline of ¥7,149 thousand, or 1.5%, from the same period of the previous year, while operating profit was ¥225,529 thousand, a decline of ¥17,093 thousand.」

「As a result of these operating activities, revenue was ¥916,960 thousand, an increase of ¥87,359 thousand, or 10.5%, from the same period of the previous year, while operating profit was ¥452,581 thousand, an increase of ¥70,090 thousand, or 18.3%.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. We made effective use of our owned land by generating land rent income from part of the Musashi Plant site in Iruma, Saitama Prefecture, and from the former Tokyo office site in Shibuya, Tokyo, in connection with redevelopment. As a result of these operating activities, revenue was ¥466,826 thousand, an increase of ¥123,550 thousand, or 36.0%, from the same period of the previous year, while operating profit was ¥242,622 thousand, an increase of ¥95,038 thousand.」

「As a result of these operating activities, revenue was ¥829,601 thousand, an increase of ¥323,365 thousand, or 63.9%, from the same period of the previous year, while operating profit was ¥382,491 thousand, an increase of ¥270,235 thousand, or 240.7%.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. Land rent income from the fixed-term business land lease covering part of the idle area at the Musashi Plant site contributed for the full year, while land rent income under the general fixed-term land lease agreement related to the redevelopment of the former Tokyo office site contributed from August. As a result of these operating activities, revenue was ¥586,687 thousand, an increase of ¥223,025 thousand, or 61.3%, from the same period of the previous year, while operating profit was ¥255,381 thousand, an increase of ¥169,446 thousand.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. As part of the effective use of owned land, we entered into a fixed-term business land lease agreement last year for part of the idle area at the Musashi Plant site in Iruma, Saitama Prefecture. In August this year, we also entered into a general fixed-term land lease agreement in connection with the redevelopment of the former Tokyo office site in Sasazuka, Shibuya Ward, generating land rent income. As a result of these operating activities, revenue was ¥343,276 thousand, an increase of ¥100,377 thousand, or 41.3%, from the same period of the previous year, while operating profit was ¥147,584 thousand, an increase of ¥88,595 thousand.」

「In the real estate leasing business, we provided a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. In addition, revenue increased because part of the Musashi Plant site was leased as industrial land to a food manufacturer. As a result of these operating activities, revenue was ¥148,666 thousand, an increase of ¥24,615 thousand, or 19.8%, from the same period of the previous year, while operating profit was ¥54,287 thousand, an increase of ¥32,331 thousand.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building, but the prolonged spread of the novel coronavirus had a significant impact on tenants, so some rents were reduced. In addition, management costs increased, including higher energy expenses.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. However, costs including energy expenses increased, and some rents were reduced due to the prolonged spread of the novel coronavirus. As a result of these operating activities, revenue was ¥363,662 thousand, a decline of ¥7,850 thousand, or 2.1%, from the same period of the previous year, while operating profit was ¥85,935 thousand, a decline of ¥18,199 thousand.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. However, the prolonged spread of the novel coronavirus had a significant impact on tenants, so some rents were reduced. As a result of these operating activities, revenue was ¥242,899 thousand, an increase of ¥2,089 thousand, or 0.9%, from the same period of the previous year, while operating profit was ¥58,989 thousand, a decline of ¥6,488 thousand.」

「In the real estate leasing business, we provided a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. As a result of these operating activities, revenue was ¥124,051 thousand, an increase of ¥6,529 thousand, or 5.6%, from the same period of the previous year, while operating profit was ¥21,956 thousand, a decline of ¥7,683 thousand.」

「A successor tenant moved into and opened for business in the space vacated in the previous fiscal year, bringing the property to full occupancy.」

「A successor tenant moved into and opened for business in August in the space vacated in the previous fiscal year. Meanwhile, the state of emergency and other measures issued in response to the spread of the novel coronavirus had a significant impact on tenants, so some rents were reduced. As a result of these operating activities, revenue was ¥240,810 thousand, an increase of ¥7,267 thousand, or 3.1%, from the same period of the previous year, while operating profit was ¥65,477 thousand, an increase of ¥5,733 thousand.」

「The space vacated last fiscal year is currently being prepared for the start of operations in August.」

「Although some rents were reduced, 1 tenant moved out. A successor tenant has already been decided and is scheduled to move in during fiscal 2021 following interior construction.」

「In the real estate leasing business, we provided a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building. However, the state of emergency issued amid the COVID-19 pandemic had a significant impact on tenants, so we reduced some rents, and one tenant moved out.」

「In the real estate leasing business, we sought to provide a comfortable commercial space at the Shinjuku Nakamuraya Building and continued to maintain full occupancy. However, the state of emergency had a significant impact on the operations of tenant businesses, so we reduced some rents. As a result of these operating activities, revenue was ¥233,544 thousand, a decline of ¥36,716 thousand, or 13.6%, from the same period of the previous year, while operating profit was ¥59,743 thousand, a decline of ¥39,963 thousand.」

「The state of emergency declared in response to the novel coronavirus had a significant impact on the operations of tenant businesses, so we reduced some rents according to the extent of the impact. As a result of these operating activities, revenue was ¥101,860 thousand, a decline of ¥33,269 thousand, or 24.6%, from the same period of the previous year, while operating profit was ¥14,890 thousand, a decline of ¥33,534 thousand.」

「In the real estate leasing business, we maintained full occupancy at the Shinjuku Nakamuraya Building by providing a comfortable and vibrant commercial space.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and continued to maintain full occupancy.」

「In the real estate leasing business, we maintained full occupancy at the Shinjuku Nakamuraya Building by providing a comfortable and vibrant commercial space.」

「In the real estate leasing business, we maintained full occupancy at the Shinjuku Nakamuraya Building by providing a comfortable and vibrant commercial space. As a result of these operating activities, revenue was ¥434,631 thousand, an increase of ¥355 thousand, or 0.1%, from the same period of the previous year, while operating profit was ¥161,245 thousand, an increase of ¥30,399 thousand.」

「In the real estate leasing business, we sought to provide a comfortable and vibrant commercial space at the Shinjuku Nakamuraya Building and maintained full occupancy. As a result of these operating activities, revenue was ¥289,595 thousand, a decline of ¥200 thousand, or 0.1%, from the same period of the previous year, while operating profit was ¥110,612 thousand, an increase of ¥21,533 thousand.」

「Despite these operating activities, revenue was ¥578,363 thousand, a decline of ¥580,475 thousand, or 50.1%, from the same period of the previous year, due to the sale of the leased office building. Operating profit was ¥187,686 thousand, a decline of ¥178,355 thousand, or 48.7%, year on year.」

「In the real estate leasing business, we maintained full occupancy at the Shinjuku Nakamuraya Building by providing a comfortable and vibrant commercial space. Meanwhile, revenue and operating profit declined due to the transfer of the leased office building Sasazuka NA Building on 18 January 2017. As a result of these operating activities, revenue was ¥434,276 thousand, a decline of ¥542,581 thousand, or 55.5%, from the same period of the previous year, while operating profit was ¥130,845 thousand, a decline of ¥200,406 thousand.」

「In the real estate leasing business, we maintained full occupancy at the Shinjuku Nakamuraya Building by providing a comfortable and vibrant commercial space. Meanwhile, revenue and operating profit declined due to the transfer of the leased office building Sasazuka NA Building on 18 January 2017.」

「In the real estate leasing business, the commercial Shinjuku Nakamuraya Building was fully occupied, and operations and management were conducted steadily, resulting in solid performance. Meanwhile, revenue and operating profit declined due to the transfer of the leased office building Sasazuka NA Building on 18 January 2017.」

「In the real estate leasing business, the leased office building Sasazuka NA Building was sold in January 2017 to improve the efficiency of our asset portfolio. Meanwhile, the commercial Shinjuku Nakamuraya Building was fully occupied and performed steadily.」

「In the real estate leasing business, we continued working to enhance the value of the Sasazuka NA Building, including upgrading its facilities, and maintained full occupancy by providing a comfortable office environment. The commercial Shinjuku Nakamuraya Building, which opened on 29 October the year before last, is also fully occupied.」

「In the real estate leasing business, we maintained full occupancy at the Sasazuka NA Building by providing a comfortable office environment. The commercial Shinjuku Nakamuraya Building, which opened in October the year before last, was also fully occupied and performed steadily.」

「In the real estate leasing business, we continued working to enhance the value of the Sasazuka NA Building and maintained full occupancy by providing a comfortable office environment. The commercial Shinjuku Nakamuraya Building, which opened in October the year before last, was also fully occupied.」

「We maintained full occupancy by updating the interior and exterior of the Sasazuka NA Building and providing a comfortable office environment. In addition, rental income from the commercial Shinjuku Nakamuraya Building, which opened the year before last, contributed for the full year.」