Leasing after the sale and securitisation of owned real estate through trust beneficiary interests
First written in FY2022-Q3. 4 of 7 entries say "Advanced", first in FY2022. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AchievedAnnual report
「As we recorded a gain on the sale of property, plant and equipment from the sale of one company-owned property during the fiscal year, the amount was ¥2,067.597 million, up 64.6% year on year.」
During the fiscal year, we sold Choei62 KYUHO Esaka Building, whose transfer had been decided during the previous interim period, and recorded a ¥1,528.714 million gain on the sale of property, plant and equipment. - FY2025-H1AdvancedAnnual report
「We operate a real estate leasing business and have adopted increasing income-producing real estate as our basic policy for expanding our operating base while maintaining a sound management foundation over the long term. However, after comprehensively considering current real estate market conditions, the efficient use of management resources and the strengthening of our financial position, we decided to transfer the following income-producing property that we own.」
While maintaining our basic policy of increasing income-producing real estate, we decided to transfer the rental office building Choei62 KYUHO Esaka Building in order to use management resources more efficiently and strengthen our financial position. The gain on transfer was ¥1,528.704 million, and delivery was scheduled for March 2025. The disclosure does not state that the company would continue to lease the property after the sale. - FY2024RestatedAnnual report
「During the fiscal year, we sold 2 company-owned properties.」
The sale of owned real estate was also confirmed for the full fiscal year, and the disclosure also provided details of the sale of a hotel and a business-use rental building. - FY2024-Q3AdvancedAnnual report
「During the cumulative third-quarter period, we sold a total of 2 company-owned properties in Aichi and Kyoto prefectures.」
The company sold a total of 2 company-owned properties in Aichi and Kyoto prefectures, carrying out the sale of owned real estate. - FY2024-Q2AdvancedAnnual report
「During the cumulative second-quarter period, we sold one company-owned property in Aichi Prefecture that had been leased for hotel use.」
The company sold one company-owned property in Aichi Prefecture that had been leased for hotel use. The disclosure does not state whether the company continued to lease the property after the sale. - FY2022AdvancedAnnual report
「On 29 September 2021, we acquired the trust beneficiary interests in land and buildings and transferred the trust beneficiary interest in the land on the same day. We continue to lease the land from the trustee after the transfer.」
In addition to the transaction in July 2021, the company also leases the land after transferring its trust beneficiary interest in the Hatta apartment building. - FY2022-Q3First statedAnnual report
「On 30 July 2021, we placed land owned by the company in a trust and transferred the related trust beneficiary interest on the same day. We continue to lease the land from the trustee after the transfer.」
The company continues to lease land after placing owned land in a trust and transferring the related beneficiary interest.