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Nakamuraya (2204) · FactWorsenedLatest Earnings presentation (2026-05-15): "Restated"

Contribution of the Shinjuku Nakamuraya Building to the Restaurant and Leasing Businesses

First written in FY2016. 11 of 28 entries say "Restated". Latest entry: 2026-05-15.

28entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2020-Q3MitigatedFY2024-Q1 – FY2025-H12016: 320162017: 420172018: 320182019: 120192020: 320202021: 320212022: 220222023: 420232024: 320242025: 120252026: 1
Same theme, other companies
Stable Real Estate Rental Income and Performance FluctuationsA theme 22 companies write about · 4 as a headwind · 13 as a tailwind

The whole theme swung hardest in 2024: 3 of 20 companies on the "Worse" side.

3 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 22 companies compared. The sentences above are computed from all 22.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-15RestatedEarnings presentation

    「不動産賃貸事業は一部店舗の賃料改定の影響もあり僅かながらの減収減益」

    新宿中村屋ビルの満室稼働と保有土地の活用を継続したが、賃料改定による収益寄与の低下が通期でも確認された。
  2. FY2026-H1WorsenedAnnual report

    「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.」

    The Company continued to maintain full occupancy at the Shinjuku Nakamuraya Building and utilize the Musashi Plant and former Tokyo office sites, but the earnings contribution declined from the same period of the previous year due to rent revisions.
  3. FY2025-H1MitigatedAnnual report

    「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.」

    In addition to full occupancy at the Shinjuku Nakamuraya Building, rental income from unused land and the former office site contributed to improved earnings from the real estate leasing business.
  4. FY2024MitigatedAnnual report

    「The Company made effective use of its land holdings, generating rental income from a fixed-term business land lease contract covering part of the unused land at the Musashi Plant and, in August, entering into a general fixed-term land lease contract in connection with the redevelopment of the former Tokyo office site.」

    While maintaining full occupancy at the Shinjuku Nakamuraya Building, the Company expanded its earnings contribution through fixed-term leases of unused land and the former office site.
  5. FY2024-Q3MitigatedAnnual report

    「In the real estate leasing business, the Company worked to provide a comfortable and vibrant commercial environment at the Shinjuku Nakamuraya Building and maintained full occupancy. In addition, rental income from a fixed-term business land lease contract covering part of the unused land at the Musashi Plant contributed for the full year, while rental income from a general fixed-term land lease contract related to the redevelopment of the former Tokyo office site began contributing in August.」

    The contribution from the real estate leasing business, which had declined due to tenant rent reductions and higher management costs, improved through fixed-term land lease income from the sites.
  6. FY2024-Q2MitigatedAnnual report

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

    While maintaining full occupancy at the Shinjuku Nakamuraya Building, the Company also began generating rental income from leasing the Musashi Plant site and the former Tokyo office site.
  7. FY2024-Q1MitigatedAnnual report

    「In addition, revenue increased as part of the Musashi Plant site was leased as industrial land for a food manufacturer. As a result of these operating activities, revenue was ¥148.666 million, an increase of ¥24.615 million, or 19.8%, from the same period of the previous year, and operating profit was ¥54.287 million, an increase of ¥32.331 million.」

    In addition to full occupancy at the Shinjuku Nakamuraya Building, leasing the Musashi Plant site contributed to improved revenue and operating profit in the real estate leasing business from the same period of the previous year.
  8. FY2023WorsenedAnnual report

    「As a result of these operating activities, revenue was ¥506.235 million, an increase of ¥4.022 million, or 0.8%, from the same period of the previous year, while operating profit was ¥112.256 million, a decrease of ¥30.227 million, or 21.2%.」

    The Shinjuku Nakamuraya Building made only a marginal contribution to revenue, while rent reductions and higher management costs resulted in a 21.2% decline in operating profit.
  9. FY2023-Q3WorsenedAnnual report

    「In the real estate leasing business, the Company worked to provide a comfortable and vibrant commercial environment at the Shinjuku Nakamuraya Building and maintained full occupancy. However, due to the prolonged impact of the spread of COVID-19, some rents for tenant businesses were reduced. As a result of these operating activities, revenue was ¥363.662 million, a decrease of ¥7.850 million, or 2.1%, from the same period of the previous year, and operating profit was ¥85.935 million, a decrease of ¥18.199 million.」

    Although full occupancy was maintained, reductions in some tenant rents continued, resulting in a 2.1% decrease in revenue and a year-on-year decline in operating profit in the real estate leasing business.
  10. FY2023-Q2WorsenedAnnual report

    「In the real estate leasing business, the Company worked to provide a comfortable and vibrant commercial environment at the Shinjuku Nakamuraya Building and maintained full occupancy. However, the prolonged impact of the spread of COVID-19 on tenant businesses was significant, and some rents were reduced.」

    The Shinjuku Nakamuraya Building maintained full occupancy, but the prolonged impact on tenants led to continued reductions in some rents.
  11. FY2022-Q3MitigatedAnnual report

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

    The business recovered full occupancy after the new tenant moved in and opened for business. Revenue in the real estate leasing business increased 3.5% year on year, while operating profit increased by ¥4.989 million.
  12. FY2022-Q2MitigatedAnnual report

    「A new tenant moved into and opened for business at the premises vacated by the previous tenant in August. As a result of these operating activities, revenue was ¥240.810 million, an increase of ¥7.267 million, or 3.1%, from the same period of the previous year, and operating profit was ¥65.477 million, an increase of ¥5.733 million.」

    After the previous tenant vacated the premises, a new tenant opened for business in August, improving revenue and operating profit in the real estate leasing business from the same period of the previous year.
  13. FY2022-Q1MitigatedAnnual report

    「As a result of these operating activities, revenue was ¥117,522 thousand, an increase of ¥15,661 thousand, or 15.4%, from the same period of the previous year, and operating profit was ¥29,639 thousand, an increase of ¥14,749 thousand.」

    The real estate leasing business recorded a 15.4% year-on-year increase in revenue and a ¥14.749 million increase in operating profit, improving from the previous fiscal year.
  14. FY2021-Q3WorsenedAnnual report

    「As a result of these operating activities, revenue was ¥358,844 thousand, a decrease of ¥46,545 thousand, or 11.5%, from the same period of the previous year, and operating profit was ¥99,144 thousand, a decrease of ¥49,464 thousand.」

    Although the Shinjuku Nakamuraya Building maintained full occupancy, the real estate leasing business saw revenue decline 11.5% and operating profit decrease due to rent reductions and tenant departures.
  15. FY2021-Q2WorsenedAnnual report

    「Meanwhile, because the state of emergency had a significant impact on tenants' business operations, partial rent reductions were implemented.」

    Although full occupancy was maintained, partial rent reductions were implemented due to the significant impact on tenants' business operations, reducing the building's contribution to earnings.
  16. FY2021-Q1WorsenedAnnual report

    「Because the state of emergency declared in response to the novel coronavirus had a significant impact on the operations of tenant businesses, we reduced some rents based on the extent of the impact.」

    Although the Shinjuku Nakamuraya Building maintained full occupancy, partial rent reductions for tenants resulted in year-on-year declines in revenue and profit in the leasing business.
  17. FY2020-Q3RestatedAnnual report

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

    The Shinjuku Nakamuraya Building continues to operate at full occupancy.
  18. FY2020-Q1RestatedAnnual report

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

    The Shinjuku Nakamuraya Building continues to operate at full occupancy.
  19. FY2019-Q1RestatedAnnual report

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

    The Shinjuku Nakamuraya Building continues to maintain full occupancy.
  20. FY2018RestatedAnnual report

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

    Following the sale of Sasazuka NA Building, the Shinjuku Nakamuraya Building has maintained full occupancy and generated stable rental income.
  21. FY2018-Q3RestatedAnnual report

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

    The Shinjuku Nakamuraya Building continues to operate at full occupancy.
  22. FY2018-Q2RestatedAnnual report

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

    The Shinjuku Nakamuraya Building continues to operate at full occupancy.
  23. FY2018-Q1RestatedAnnual report

    「In the real estate leasing business, the commercial building Shinjuku Nakamuraya Building operated at full occupancy, while operations and management were also conducted steadily, resulting in smooth performance.」

    The Shinjuku Nakamuraya Building continues to operate at full occupancy and be managed smoothly.
  24. FY2017RestatedAnnual report

    「Meanwhile, the commercial building Shinjuku Nakamuraya Building operated at full occupancy and performed smoothly.」

    The Shinjuku Nakamuraya Building continues to operate at full occupancy and perform smoothly.
  25. FY2017-Q3RestatedAnnual report

    「The commercial building Shinjuku Nakamuraya Building, which opened on 29 October the year before last, is also operating at full occupancy.」

    The Shinjuku Nakamuraya Building continues to operate at full occupancy.
  26. FY2017-Q2RestatedAnnual report

    「The commercial building Shinjuku Nakamuraya Building, which opened in October the year before last, is also operating at full occupancy and performing smoothly.」

    The Shinjuku Nakamuraya Building continues to operate at full occupancy and perform smoothly.
  27. FY2017-Q1AdvancedAnnual report

    「The commercial building Shinjuku Nakamuraya Building, which opened in October the year before last, is also operating at full occupancy.」

    The Shinjuku Nakamuraya Building was confirmed to be fully occupied in the leasing business.
  28. FY2016First statedAnnual report

    「In its second year of operation, the Shinjuku Nakamuraya Building contributed to higher revenue in the real estate leasing and food-service businesses.」

    The commercial building, which opened in 2014, entered its second year of operation and contributed to revenue in the food-service and real estate leasing businesses.
Moved together

"Maintaining Full Occupancy at Rental Buildings and Monetizing the Shinjuku Nakamuraya Building" moved the same way as this thread, in the same document, in 16 of its 28 moves.

1612111099★123456
  1. ★This thread
  2. 1Maintaining Full Occupancy at Rental Buildings and Monetizing the Shinjuku Nakamuraya Building16×
  3. 2Significant Decrease in Cash and Cash Equivalents During the Quarter12×
  4. 3Earnings improvement and the streamlining of unprofitable stores in the confectionery business11×
  5. 4Improving Restaurant Locations and Developing New Formats10×
  6. 5Operating income and net income improve despite a slight decline in sales9×
  7. 6Responding to Customer Needs and Strengthening Product and Service Capabilities9×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nakamuraya's next results are scheduled for 2026-11-11. Read the earnings preview It last moved in the Earnings presentation of 2026-05-15: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.