Achieving a 120% occupancy rate
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2025.
Choei moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 7 of 53 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「The company aims to maximize owners' income by improving tenants' satisfaction and enabling them to continue living in the properties over the long term, and is pursuing an increase in the occupancy rate as a specific metric.」
The numerical target of a 120% occupancy rate, which had previously been stated explicitly, was not restated in this filing and was changed to the expression “an increase in the occupancy rate.” Actual occupancy rates were 98.8% in the management business and 97.2% in the leasing business. - FY2024RestatedAnnual report
「The company is implementing various measures to improve tenant satisfaction and achieve tenant retention, with the aim of achieving an “occupancy rate of 120%,” defined as a situation in which prospective tenants are waiting for vacancies and rents do not decline.」
The company restated its definition of a 120% occupancy rate and its policy of achieving it through tenant satisfaction and tenant retention. Actual occupancy rates were 97.1% in the management business and 98.3% in the leasing business; it does not state that the target was achieved. - FY2023RestatedAnnual report
「The company is implementing various measures to improve tenant satisfaction and achieve tenant retention, with the aim of achieving an “occupancy rate of 120%,” defined as a situation in which prospective tenants are waiting for vacancies and rents do not decline.」
The company restated in its full-year business description its definition of a 120% occupancy rate and its policy of achieving it through tenant satisfaction and tenant retention. - FY2022First statedAnnual report
「The company is implementing various measures to improve tenant satisfaction and achieve tenant retention, with the aim of achieving an “occupancy rate of 120%,” defined as a situation in which prospective tenants are waiting for vacancies and rents do not decline.」
The company defines a situation in which prospective tenants are waiting for vacancies and rents do not decline as an “occupancy rate of 120%” and is pursuing this through tenant satisfaction and retention.