Off-Balance-Sheet Treatment and Expansion of the Asset Management Business
First written in FY2021. 8 of 17 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-08-05.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
12 other companies' latest entry also says "Advanced".
- 2026-08-05AdvancedEarnings presentation
「課題であった物件売却タイミングの平準化も進んだ。」
L&Pで物件売却の上期先行と売却タイミングの平準化を示し、収益の安定化に向けた進展を記載している。 - FY2026AdvancedAnnual report
「As of 31 March 2026, AUM (assets under management) had reached ¥155.2 billion, while the most recent compound annual growth rate remained high at approximately 55%.」
AUM in the asset management business reached ¥155.2 billion, and the most recent compound annual growth rate increased to approximately 55%. - FY2026-H1RestatedAnnual report
「In this segment, we are transitioning to a layered business model that builds highly profitable recurring fees and promoting the accumulation of stable recurring revenue in the asset management business.」
In L&P, the company continues to transition from a property-sale-centered model to one that builds recurring fees and stable recurring revenue. - FY2025-H1AdvancedAnnual report
「AUM (assets under management) in the asset management business in the L&P segment increased, including through the commencement of management of “DoubleTree by Hilton Tokyo Ariake” by SREアセットマネジメント株式会社, a group company.」
SREアセットマネジメント株式会社 began managing “DoubleTree by Hilton Tokyo Ariake,” increasing AUM of the funds under management. - FY2024-Q3RestatedAnnual report
「To expand its asset management business, the Group is advancing a shift to a layered business model that generates profitable recurring fees without excessive inventory holdings, through the ongoing sale of properties it has developed to funds and external acquisitions from the market.」
The company continues to transition to a model that builds recurring fees without holding excessive inventories, through ongoing sales of properties to funds and external sourcing from the market. - FY2024-Q2RestatedAnnual report
「To expand its asset management business, the Group is advancing a shift to a layered business model that generates profitable recurring fees without excessive inventory holdings, through the ongoing sale of properties it has developed to funds and external acquisitions from the market.」
The company continues to transition to an asset management model centered on supplying properties to funds and building recurring fees. - FY2024-Q1RestatedAnnual report
「To expand the scale of its funds, the Group is focusing on building a layered business model that generates profitable recurring fees without excessive inventory holdings, through the ongoing sale of its properties to funds and the selective acquisition of properties from the market.」
The company continues to pursue an asset management model that builds recurring fees through ongoing property sales and selective acquisitions, with a view to expanding fund size. - FY2023-Q3RestatedAnnual report
「In addition, SREアセットマネジメント株式会社, our wholly owned subsidiary that supplies these and other properties to funds and undertakes asset management within those funds, commenced operations in October 2022.」
The company continues its business of supplying properties to funds, with SREアセットマネジメント株式会社 undertaking asset management within the funds. The wholly owned subsidiary commenced operations in October 2022. - FY2023-Q2AdvancedAnnual report
「In addition, SREアセットマネジメント株式会社, our wholly owned subsidiary that supplies these and other properties to funds and undertakes asset management within those funds, commenced operations in October 2022.」
The asset management business progressed from the establishment of an asset management company to the commencement of operations by a wholly owned subsidiary in October 2022. - FY2023-Q1Project delays and costs for establishing the operating structureAnnual report
「As both asset management and consulting and Smart Property progressed generally as planned, revenue in the real estate tech segment for the nine-month period ended the first quarter totaled ¥2,404,925 thousand, an increase of ¥936,533 thousand, or 63.8%, year on year. However, the segment posted an operating loss of ¥4,198 thousand, down ¥42,789 thousand year on year, due partly to delays in certain real estate brokerage projects and higher costs for establishing the operating structure of the asset management business.」
Real estate tech revenue increased 63.8%, while delays in certain projects and costs for establishing the asset management business resulted in an operating loss. - FY2022-Q3AdvancedAnnual report
「With a view to developing an asset management fee business in the future, we established an asset management company and are building a seed asset base.」
For the future asset management fee business, the company has progressed to the concrete step of establishing an asset management company and continues to build a seed asset base. - FY2022-Q2RestatedAnnual report
「With a view to developing an asset management fee business in the future, we are building a seed asset base.」
The company continues to build a seed asset base for a future asset management fee business. - FY2022-Q1RestatedAnnual report
「With a view to developing an asset management fee business in the future, we are building a seed asset base.」
The company continues to build a seed asset base with a view to developing an asset management fee business in the future. - FY2021First statedAnnual report
「With a view to developing an asset management fee business in the future, we sold properties through private funds as planned during the consolidated fiscal year and pursued off-balance-sheet treatment.」
The company identified the sale of properties through private funds to achieve off-balance-sheet treatment and the future generation of asset management fees as new business initiatives.