Acquisition and sale of high-margin real estate
First written in FY2020-Q3. 21 of 31 entries say "Advanced", first in FY2020. Latest entry: 2026-10-06.
The whole theme swung hardest in 2026: 1 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-10-06Cited as achievedOccurring Fact
「株式会社グランデにおいて、下記販売用不動産（１棟収益用レジデンスシリーズ「STRIPES（ストライプス）」）の販売決済および引渡しが完了しましたので、お知らせいたします。」
１棟収益用レジデンスの販売決済・引渡し完了が実績として示された。高収益不動産の販売施策について、具体的な販売完了事例が追加された。 - 2026-10-03Advancedwww.nikkei.comThe subsidiary announced the acquisition of real estate for sale, indicating concrete progress in its property acquisition initiatives.
- FY2026AdvancedAnnual report
「Under our corporate philosophy, "Creating unparalleled affluence," we improved the quantity and quality of approaches to new customers by actively recruiting and developing young personnel and strengthening our website, while enhancing the volume and quality of long-term support for existing customers. As a result, the holding period for residential land inventory from acquisition to sale remained at a favorable 4.93 months, the high referral and repeat-customer rate of approximately 30% was maintained, and both revenue and profit grew substantially.」
The holding period for residential land inventory from acquisition to sale remained at 4.93 months, and the referral and repeat-customer rate remained at approximately 30%. In the fiscal year ending March 2026, revenue was ¥23,528.097 million and operating profit was ¥3,001.628 million, both record highs. - FY2026-H1AdvancedAnnual report
「Under our corporate philosophy, "Creating unparalleled affluence," we improved the quantity and quality of approaches to new customers by actively recruiting and developing young personnel and strengthening our website, while enhancing the volume and quality of long-term support for existing customers. As a result, the holding period for residential land inventory from acquisition to sale remained at a favorable 4.87 months, and the high referral and repeat-customer rate of approximately 30% was also maintained.」
The holding period for residential land inventory from acquisition to sale remained at 4.87 months, and the referral and repeat-customer rate remained at approximately 30%. Revenue had reached 53.7% of the full-year earnings target and profit at each stage approximately 70%. The disclosure stated that large properties, including income-producing real estate, were sold as planned in addition to ordinary residential land. - FY2025AdvancedAnnual report
「Against this backdrop, under our corporate philosophy, "Creating unparalleled affluence," the Group has significantly increased revenue and profit by improving the quantity and quality of approaches to new customers through active recruitment and comprehensive employee development, while providing long-term support and proposals to existing customers and maintaining a high referral and repeat-customer rate of approximately 30%.」
The Group increased the number of sales while maintaining a referral and repeat-customer rate of approximately 30%, and improved profit levels for residential properties. As a result, the sumuzu business reported revenue of ¥20,150.672 million and segment profit of ¥2,612.060 million. - FY2025-H1AdvancedAnnual report
「The holding period for residential land inventory from acquisition to sale remained at a favorable level of 4.85 months, while the high referral and repeat-customer rate of 31.7% was also maintained. Revenue had reached 47.5% of the full-year earnings target, and profit at each stage had reached approximately 50% of the full-year target. This reflected solid ordinary sales of residential land. From the third-quarter consolidated accounting period onward, we aim to achieve the full-year earnings target through ordinary residential land sales and sales of income-producing real estate already expected at the beginning of the fiscal year.」
The holding period for residential land inventory from acquisition to sale remained at a favorable 4.85 months. Revenue had reached 47.5% of the full-year target, while profit at each stage had reached approximately 50%. The Group aimed to achieve the full-year target through ordinary residential land sales and sales of income-producing real estate. Although 4.85 months was longer than the previously reported 4.2 months, the Company described it as a favorable level. - FY2024WorsenedAnnual report
「Regarding product acquisitions, we were able to increase our inventory of properties owned by the Company for sale. Total inventory at the end of the consolidated fiscal year was ¥6,847.525 million, an increase of ¥1,409.163 million, or 25.9%, from the previous fiscal year.」
Inventory of properties owned by the Company for sale increased to ¥6,847.525 million. However, higher acquisition costs and discounts put downward pressure on profit from inventory sales, resulting in lower profit levels despite higher revenue. - FY2024-Q3WorsenedAnnual report
「In the sumuzu business, sales efficiency improved as stronger in-house media increased customer acquisition. However, costs across the real estate industry, particularly construction and labor costs, continued to rise. Although the volume of property sales increased, higher acquisition prices resulting from competition with other companies and lower selling prices and sales commissions caused profit levels to decline.」
Property sales volume increased, but higher acquisition prices due to competition and lower selling prices and sales commissions reduced profit levels. The disclosure continued to indicate deteriorating profitability in the acquisition and sale of high-margin real estate. - FY2024-Q2Sluggish sales in new areas and lower margins due to higher acquisition pricesAnnual report
「The Group develops its business primarily around residential sales under its corporate philosophy, "Creating unparalleled affluence." Because we have a high-net-worth customer base among our existing customer stock, we are strengthening the development of income-producing real estate for individual buyers while expanding our business area beyond the existing Jonan area of Setagaya, Meguro, Ota, Shinagawa, Shibuya and Minato. Although some income-producing real estate and large residential land projects generate high margins, sales have not progressed as initially expected in some of the new areas we have entered, and intensifying acquisition conditions have resulted in projects that cannot generate the expected profit. Addressing these issues together with the training of younger personnel is a challenge.」
The disclosure stated that the Group was strengthening development of income-producing real estate and expanding beyond the Jonan area, while sales in some new areas were not progressing as expected and intensified acquisition conditions had resulted in projects unable to secure the expected profit. - FY2024-Q1Longer short-cycle sales period and challenges in expanding into new areasAnnual report
「As a result, we have continued to achieve short-cycle sales of residential land, averaging 4.2 months from acquisition to sale.」
Although short-cycle sales continued, the average period lengthened to 4.2 months from 3.8 months in the previous fiscal year. The disclosure also stated that sales outside the Jonan area required more effort than expected and that progress toward the full-year earnings target was approximately 17% to 20%. - FY2023AdvancedAnnual report
「Against this backdrop, under our corporate philosophy, "Creating unparalleled affluence," the Group has improved the quantity and quality of approaches to new customers through active recruitment and development of young personnel. At the same time, we provide long-term support and careful proposals to existing customers, thereby continuing to achieve short-cycle sales of residential land, averaging 3.8 months from acquisition to sale. In addition, by strengthening sales activities aimed at acquiring new development sites and sales contracts and accelerating sales of income-producing real estate, we achieved our full-year earnings target.」
The average period from acquisition to sale of residential land remained at 3.8 months. The disclosure stated that the Group achieved its full-year earnings target by strengthening sales activities to acquire new development sites and sales contracts and accelerating sales of income-producing real estate. - FY2023-Q3AdvancedAnnual report
「Against this backdrop, under our corporate philosophy, "Creating unparalleled affluence," the Group has improved the quantity and quality of approaches to new customers through active recruitment and development of young personnel. At the same time, we provide long-term support and careful proposals to existing customers, thereby continuing to achieve short-cycle sales of residential land, averaging 3.8 months from acquisition to sale. Although profit declined during the cumulative third-quarter consolidated period, we secured a favorable level of profit relative to our full-year earnings target. We also pursued sales activities aimed at acquiring new development sites and sales contracts, and were able to increase revenue through sales of income-producing real estate, which we had begun in earnest.」
The average period from acquisition to sale of residential land shortened to 3.8 months from 4.0 months in the previous quarter. The disclosure also referred to sales activities aimed at acquiring new development sites and sales contracts, as well as increased revenue from sales of income-producing real estate. - FY2023-Q2Update to the short sales cycle and more cautious acquisition decisionsAnnual report
「Under our corporate philosophy, "Creating unparalleled affluence," the Group has improved the quantity and quality of approaches to new customers through active recruitment and development of young personnel. At the same time, we provide long-term support and careful proposals to existing customers, thereby continuing to achieve short-cycle sales of residential land, averaging 4.0 months from acquisition to sale.」
The average period from acquisition to sale of residential land remained 4.0 months. Although this was slightly longer than the previous quarter's 3.9 months, short-cycle sales continued. The disclosure also indicated the need to carefully assess the balance between acquisition prices and profitability when acquiring new properties. - FY2023-Q1AdvancedAnnual report
「In addition, during the cumulative first-quarter consolidated period, we continued to achieve short-cycle sales, with residential land contracted on average within 3.9 months from acquisition to sale.」
The average period from acquisition to sale of residential land was 3.9 months, and the short sales cycle was maintained. This was shorter than the 4.0-month period reported for the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「During the third-quarter consolidated accounting period, as in the second quarter, the number of customer inquiries increased amid growing housing demand. Real estate sales remained strong as the holding period for inventory in the core housing business shortened. As a result, revenue was ¥8,728.782 million, up 57.1% year on year, and segment profit was ¥1,555.242 million, up 178.4%.」
The holding period for inventory in the core housing business shortened, and real estate sales remained strong. The sumuzu business reported revenue of ¥8,728.782 million and segment profit of ¥1,555.242 million, demonstrating specific progress on the sales side. - FY2022-Q2AdvancedAnnual report
「In the sumuzu business, customer inquiries remained strong throughout the cumulative second-quarter consolidated period against a backdrop of growing housing demand, and the sales plan progressed as initially scheduled. Sales of income-producing real estate also made a significant contribution to revenue and profit.」
Customer inquiries and acquisitions of properties for sale remained solid, and the sales plan progressed as scheduled. The disclosure also stated that sales of income-producing real estate made a significant contribution to revenue and profit, indicating progress in the acquisition and sales initiatives. - FY2022-Q1RestatedAnnual report
「In the sumuzu business, the number of real estate brokerage contracts and sales of properties owned by the Company increased year on year as the impact of restrictions on outings by prospective buyers amid the spread of COVID-19 eased.」
The disclosure stated that the number of real estate brokerage contracts and sales of properties owned by the Company increased year on year. It did not specifically indicate progress in selecting high-margin properties or adopting new acquisition measures, so this is treated as a continuation of the existing acquisition and sales policy. - FY2021AdvancedAnnual report
「Regarding acquisitions, we were able to increase our inventory of properties owned by the Company for sale. Total inventory at the end of the consolidated accounting period was ¥3,183.339 million, an increase of ¥942.830 million, or 42.1%, from the same period of the previous year.」
The Group expanded its acquisitions of properties owned by the Company for sale, increasing inventory to ¥3,183.339 million. The figures demonstrate the expansion of the Company's property lineup supporting the acquisition and sale of high-margin properties. - FY2021-Q3RestatedAnnual report
「In addition, to further improve the profitability of our real estate sales business, we focused not only on face-to-face sales activities based on high-net-worth customer data but also on expanding our technology-enabled real estate matching business.」
The Group continued its existing initiative to improve the profitability of real estate sales by combining face-to-face sales based on high-net-worth customer data with technology-enabled matching. - FY2021-Q2RestatedAnnual report
「The number of customer inquiries increased significantly amid growing housing demand, and real estate sales remained strong.」
The disclosure stated that customer inquiries increased against a backdrop of growing housing demand and that real estate sales remained strong. It did not present any new targets or specific milestones for acquiring or selling high-margin properties. - FY2020AdvancedAnnual report
「Our best approach based on data on high-net-worth individuals has enabled efficient sales activities. As of the fiscal year-end, the average holding period for the Group's land inventory was 4.0 months, and we have maintained a cycle of less than six months from acquisition to sale.」
In addition to coordination between the acquisition and sales functions, the Group reported operating results using high-net-worth customer data, including an average land-inventory holding period of 4.0 months and a cycle of less than six months from acquisition to sale. - FY2020-Q3First statedAnnual report
「In the Group's real estate sales business, we leveraged to the fullest our strength of having both acquisition and sales functions, and focused on acquiring and selling properties expected to generate higher margins. As a result, the consolidated gross profit margin was 26.5%.」
This was the first disclosure of the initiative to leverage both the acquisition and sales functions and focus on properties expected to generate high margins. The 26.5% figure was the actual result for the period, not a target.