Komori
Choei (2993) · RiskMitigated

Concentration of real estate ownership and management in Kyoto Prefecture

First written in FY2022. 2 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2025.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022MitigatedFY2023RestatedFY20242022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Dependence on the Kansai Regional Economy, Centered on Kyoto PrefectureA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「The real estate we own and manage is located in the Kinki, Chubu, Kanto and Kyushu regions, but the vast majority is located in Kyoto Prefecture.」

    Although concentration in Kyoto Prefecture remains, the company has expanded its business area to 11 prefectures and explicitly identifies geographic diversification as a measure to mitigate geographic concentration risk.
  2. FY2024RestatedAnnual report

    「The real estate we own and manage is located in the Kinki, Chubu, Kanto and Kyushu regions, but the vast majority is located in Kyoto Prefecture.」

    Although the business area is expanding, the company reconfirms the risk of geographic concentration, with the vast majority of its owned and managed properties located in Kyoto Prefecture.
  3. FY2023MitigatedAnnual report

    「We operate in Kyoto, Shiga, Osaka, Hyogo, Aichi, Tokyo, Kanagawa, Chiba and Fukuoka prefectures, but the vast majority of our operations are in Kyoto Prefecture.」

    The business area expanded with the company's entry into Chiba and Fukuoka prefectures, but the geographic concentration risk remains because the vast majority of its owned and managed properties are in Kyoto Prefecture.
  4. FY2022First statedAnnual report

    「The real estate we own and manage is located in Kyoto, Shiga, Osaka, Hyogo, Aichi, Tokyo and Kanagawa prefectures, but the vast majority is located in Kyoto Prefecture.」

    Although the business spans multiple prefectures, the company identifies as a risk the concentration of the vast majority of its owned and managed properties in Kyoto Prefecture.
Moved together

"Recovery in operating activity in the real estate management business" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1Recovery in operating activity in the real estate management business2×
  3. 2Growth in management-related services from large-scale renovations and real estate sales brokerage2×
  4. 3Expansion of the leasing business through the acquisition of new rental properties2×
  5. 4Increase in managed units and properties owned by the company2×
  6. 5Differentiation through distinctive tenant services2×
  7. 6KPI management of units under management, company-owned properties and occupancy rates2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Choei's next results are scheduled for 2026-11-12. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.