Expanding Revenue Through the Acquisition and Leasing of Income-Producing Real Estate
First written in FY2019. 1 of 4 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026.
CVS Bay Area moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Rental profit and loss from the relevant rental real estate for the consolidated fiscal year was a loss of ¥14,051 thousand. Major rental income was recorded as non-operating income, while major rental expenses were recorded as non-operating expenses.」
Rental profit and loss from income-producing real estate was a loss of ¥14,051 thousand, and efforts to expand earnings through leasing have been scaled back as profitability deteriorated. - FY2023-Q3SoftenedAnnual report
「In addition to reviewing the operating arrangements for 2 hair salons from June 2021 and changing them to an outsourcing arrangement, we transferred rental property held in Tokyo in September, resulting in a decrease in segment revenue.」
The transfer of income-producing real estate scaled back efforts to expand earnings through the ownership and leasing of income-producing real estate, and segment revenue in the Other Businesses segment also declined. - FY2020-Q1AdvancedAnnual report
「Rental income increased from the current period following the acquisition of income-producing real estate in Tokyo at the end of February 2019.」
Rental income increased from the current period as a result of the income-producing real estate in Tokyo acquired at the end of February 2019. - FY2019First statedAnnual report
「While recording various costs related to the acquisition of income-producing real estate purchased at the end of February 2019, rental income increased substantially as the company began leasing, during the current period, real estate it owned in Tokyo.」
The company explicitly outlined for the first time an initiative to expand rental income by acquiring income-producing real estate and beginning to lease real estate owned in Tokyo.