Recovery in operating activity in the real estate management business
First written in FY2022-Q3. 16 of 21 entries say "Advanced", first in FY2022. Latest entry: 2026-11-12.
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the real estate management business for the fiscal year, management revenue remained solid as the number of managed units increased, while construction revenue and other revenue increased, resulting in higher revenue and earnings. As a result, net sales were ¥4,452.138 million, up 9.4% year on year, and operating profit was ¥791.108 million, up 15.5%.」
Management revenue and construction revenue and other revenue increased against a backdrop of growth in the number of managed units, resulting in higher revenue and earnings in the real estate management business, with net sales up 9.4% and operating profit up 15.5%. - FY2026-H1AdvancedAnnual report
「Against this backdrop, we focused on sales activities to secure management contracts, increasing the number of managed units, excluding company-owned properties, by 541 from the end of the previous fiscal year.」
Sales activities to secure management contracts increased the number of managed units by 541 from the end of the previous fiscal year, and management revenue remained solid. However, higher expenses, including personnel costs, resulted in higher revenue but lower earnings in the management business. - FY2025AdvancedAnnual report
「Against this backdrop, we focused on sales activities to secure management contracts, increasing the number of managed units, excluding company-owned properties, by 240 from the end of the previous fiscal year.」
Sales activities to secure management contracts increased the number of managed units by 240, contributing to higher management revenue and higher revenue and earnings in the real estate management business. - FY2025-H1AdvancedAnnual report
「In the real estate management business, management revenue remained solid as the number of managed units increased, while brokerage revenue and construction revenue and other revenue increased, resulting in higher revenue and earnings. As a result, net sales were ¥1,978.518 million, up 9.5% year on year, and operating profit was ¥290.648 million, up 35.6%.」
Management revenue remained solid against a backdrop of growth in the number of managed units, and the increase in brokerage revenue and construction revenue and other revenue resulted in higher revenue and earnings in the real estate management business. Operating profit increased 35.6% year on year. - FY2024RestatedAnnual report
「In the real estate management business for the fiscal year, management revenue remained solid, monthly rental sales increased as demand for monthly apartments recovered, and construction revenue and other revenue also increased. However, revenue and earnings declined due to the impact of brokerage revenue from a large real estate sales transaction recorded in the previous fiscal year. As a result, net sales were ¥3,797.210 million, down 3.0% year on year, and operating profit was ¥465.843 million, down 45.0%.」
Management revenue, monthly rental sales, and construction revenue and other revenue remained solid or increased, but the real estate management business reported lower revenue and earnings for the full fiscal year due to the reversal of the large sales brokerage transaction recorded in the previous fiscal year. - FY2024-Q3Continued decline in revenue and profitAnnual report
「In the real estate management business, management revenue remained solid and monthly rental sales increased as demand for monthly apartments recovered with the normalization of social activity. However, revenue and earnings declined due to the impact of brokerage revenue from a large real estate sales transaction recorded in the same period of the previous year and a decline in orders for large-scale renovation work. As a result, net sales were ¥2,675.317 million, down 8.4% year on year, and operating profit was ¥330.699 million, down 49.7%.」
Management revenue and monthly rental sales remained solid or increased, but the real estate management business continued to report lower revenue and earnings due to the reversal of the large brokerage transaction recorded in the same period of the previous year and the decline in orders for large-scale renovation work. - FY2024-Q2RestatedAnnual report
「In the real estate management business, management revenue remained solid and monthly rental sales and other revenue increased as demand for monthly apartments recovered following the easing of restrictions on movement and economic activity. However, the impact of brokerage revenue from a large real estate sales transaction recorded in the same period of the previous year resulted in lower revenue and earnings. As a result, net sales were ¥1,806.793 million, down 11.8% year on year, and operating profit was ¥214.349 million, down 59.5%.」
Management revenue and monthly rental sales and other revenue remained solid or increased, but the real estate management business continued to report lower revenue and earnings due to the reversal of the large real estate sales brokerage transaction recorded in the same period of the previous year. - FY2024-Q1Reversal of the earnings recoveryAnnual report
「Against this backdrop, we proceeded with the acquisition of company-owned properties and acquired 4 properties during the cumulative first quarter period, comprising 3 properties in Aichi Prefecture and 1 in Kumamoto Prefecture. This was the first property acquisition in Kumamoto Prefecture. Sales activities to secure management contracts increased the number of managed units, and management revenue remained solid, but there was no large transaction comparable to the real estate sales brokerage transaction that had made a significant contribution to revenue in the same period of the previous year. As a result, net sales for the cumulative first quarter period were ¥2,275.014 million, down 7.9% year on year; operating profit was ¥566.482 million, down 26.7%; ordinary profit was ¥504.259 million, down 29.7%; and quarterly net profit was ¥336.507 million, down 31.2%.」
Sales activities to secure management contracts increased the number of managed units and management revenue remained solid, but the absence of a large brokerage transaction recorded in the same period of the previous year resulted in lower company-wide revenue and earnings. - FY2023AdvancedAnnual report
「In the real estate management business, management revenue remained solid, while the closing of a large real estate sales brokerage transaction made a significant contribution to revenue. Growth in support services for rental brokerage relating to international students following the lifting of entry restrictions also contributed to higher revenue. As a result, net sales were ¥3,914.171 million, up 8.7% year on year, and operating profit was ¥847.220 million, up 59.6%.」
For the full fiscal year, the closing of a large sales brokerage transaction and growth in support services for international students resulted in net sales rising 8.7% year on year and operating profit rising 59.6%. - FY2023-Q3AdvancedAnnual report
「In the real estate management business, management revenue remained solid during the cumulative third quarter period, while the closing of a large real estate sales brokerage transaction made a significant contribution to revenue. Increased orders for large-scale renovation work and growth in support services for rental brokerage relating to international students following the lifting of entry restrictions also contributed to higher revenue. As a result, net sales were ¥2,920.542 million, up 12.9% year on year, and operating profit was ¥657.976 million, up 93.1%.」
It reports that net sales and operating profit in the real estate management business exceeded the previous year's levels due to the closing of a large brokerage transaction, increased orders for large-scale renovation work, and growth in support services for international students. - FY2023-Q2AdvancedAnnual report
「In the real estate management business, management revenue increased only slightly during the cumulative second quarter period, but the closing of a large real estate sales brokerage transaction made a significant contribution to revenue. Increased orders for large-scale renovation work and growth in support services for rental brokerage relating to international students following the lifting of entry restrictions also contributed to higher revenue. As a result, net sales were ¥2,049.590 million, up 20.8% year on year, and operating profit was ¥529.521 million, up 137.3%.」
The closing of a large brokerage transaction, increased orders for large-scale renovation work, and growth in support services for international students resulted in a 20.8% year-on-year increase in management business net sales and a 137.3% increase in operating profit. - FY2023-Q1AdvancedAnnual report
「In the real estate management business, performance was strong during the cumulative first quarter period due to factors including the closing of a large real estate sales brokerage transaction and increased construction revenue.」
It reports that performance in the real estate management business was strong due to the closing of a large brokerage transaction and increased construction revenue. - FY2022AdvancedAnnual report
「Demand for large-scale renovation work, including exterior wall construction, which had declined in the previous fiscal year, has recovered significantly as uncertainty about the outlook has eased. In real estate brokerage transactions, operating activity has also normalized, with business discussions recovering.」
Operating activity has normalized, with demand for large-scale renovation work recovering and brokerage transactions increasing. - FY2022-Q3First statedAnnual report
「Against this backdrop, the real estate management business remained solid as operating activity recovered from the decline in the previous fiscal year.」
It explains that operating activity, which had declined in the previous fiscal year, recovered and that the real estate management business remained solid.