Expanding the real estate income base by opening tenant buildings
First written in FY2017-Q1. 9 of 40 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2027-H1.
j-Group Holdings Corp. moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Rental income from tenant buildings including EXIT NISHIKI contributed to stable earnings, but results were significantly affected by real estate sales in the previous fiscal year. As a result, revenue in the real estate business was ¥224 million, down 83.1% year on year, and operating profit was ¥27 million, down 95.6%.」
Although rental income contributed, the real estate business reported substantial decreases in both revenue and operating profit due to the impact of real estate sales in the previous fiscal year. - FY2026WorsenedAnnual report
「The company sold 2 properties, jG Kanayama and J Chill Meieki, in May 2025. As a result, revenue in the real estate business was ¥1,586 million, up 225.1% year on year, and operating profit was ¥678 million, up 526.5%.」
The sale of 2 properties led to substantial increases in revenue and operating profit in the real estate business during the current fiscal year, while the properties held as a rental income base were reduced. - 2026-04-13SoftenedFinancial results presentation
「We will proceed with the securitization and effective utilization of the commercial buildings and residences we own.」
Following the sale of 2 commercial buildings, the Company indicated that it would focus on securitization and effective utilization of its owned real estate rather than expanding its earnings base through new openings. - FY2026-H1WorsenedAnnual report
「The company sold 2 properties, jG Kanayama and J Chill Meieki, in May 2025. As a result, revenue in the real estate business was ¥1,333 million, up 451.1% year on year, and operating profit was ¥622 million, up 1,028.5%.」
The sale of 2 properties, jG Kanayama and J Chill Meieki, led to substantial increases in revenue and operating profit in the real estate business through sale proceeds and other factors. The properties held as a rental income base were reduced. - FY2025WorsenedAnnual report
「The absorption merger of ジェイプロジェクト, a wholly owned subsidiary, in June 2023 caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥487 million, down 32.4% year on year, and operating profit was ¥108 million, down 19.0%.」
The decline in intersegment rental revenue due to the absorption merger of ジェイプロジェクト continued over the full year, resulting in a 32.4% year-on-year decrease in revenue and a 19.0% decrease in operating profit in the real estate business. - FY2025-H1The decreases in revenue and operating profit due to the absorption-type merger continued.Annual report
「The absorption merger of ジェイプロジェクト, a wholly owned subsidiary, in June 2023 caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥241 million, down 50.8% year on year, and operating profit was ¥55 million, down 20.2%.」
The decline in intersegment rental revenue due to the absorption merger of ジェイプロジェクト continued, resulting in a 50.8% year-on-year decrease in revenue and a 20.2% decrease in operating profit in the real estate business. - FY2025-Q1The decline in revenue and operating profit due to the absorption-type merger widened.Annual report
「The absorption-type merger caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥118 million, down 69.1% year on year, and operating profit was ¥27 million, down 45.1%.」
The decline in intersegment rental revenue accompanying the absorption-type merger continued, resulting in a 69.1% year-on-year decrease in revenue and a 45.1% decrease in operating profit in the real estate business. - FY2024The decreases in revenue and operating profit in the real estate business due to the absorption-type merger continued for the full year.Annual report
「The absorption-type merger caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥721 million, down 51.8% year on year, and operating profit was ¥133 million, down 17.0%.」
The decline in intersegment rental revenue accompanying the absorption-type merger was also reflected over the full year, resulting in revenue of ¥721 million and operating profit of ¥133 million in the real estate business. - FY2024-Q3The decreases in revenue and operating profit due to the absorption-type merger continued.Annual report
「The absorption-type merger caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥603 million, down 46.5% year on year, and operating profit was ¥101 million, down 17.7%.」
The decline in intersegment rental revenue due to the absorption-type merger continued, resulting in a 46.5% year-on-year decrease in revenue and a 17.7% decrease in operating profit in the real estate business. - FY2024-Q2The real estate business reported decreases in both revenue and operating profit due to the impact of the absorption-type merger.Annual report
「The absorption-type merger caused a decline in intersegment rental revenue. As a result, revenue in the real estate business was ¥491 million, down 34.8% year on year, and operating profit was ¥69 million, down 28.1%.」
The decline in intersegment rental revenue accompanying the absorption-type merger resulted in a 34.8% year-on-year decrease in revenue and a 28.1% decrease in operating profit in the real estate business. - FY2023Lower revenue, marginal increase in operating profitAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings, but results were significantly affected by real estate sales in the previous fiscal year. As a result, revenue in the real estate business was ¥1,496 million, down 27.1% year on year, while operating profit was ¥161 million, up 1.6%.」
Rental income contributed steadily, but revenue fell 27.1% due to the impact of real estate sales in the previous fiscal year, while operating profit increased 1.6%. - FY2023-Q3Lower revenue, marginal increase in operating profitAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings, but results were significantly affected by real estate sales in the previous fiscal year. As a result, revenue in the real estate business was ¥1,127 million, down 33.1% year on year, while operating profit was ¥123 million, up 0.3%.」
Although rental income from EXIT NISHIKI, jG Kanayama and other properties contributed, revenue fell 33.1% due to the impact of real estate sales in the previous fiscal year. Operating profit, however, increased 0.3%. - FY2023-Q2Real estate business reports higher revenue and operating profitAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings. As a result, revenue in the real estate business was ¥753 million, up 4.6% year on year, and operating profit was ¥96 million, up 39.2%.」
Rental income from existing tenant buildings contributed, bringing revenue in the real estate business to ¥753 million and operating profit to ¥96 million, with both increasing year on year. - FY2023-Q1Real estate business reports higher revenue and operating profitAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings. As a result, revenue in the real estate business was ¥389 million, up 8.4% year on year, and operating profit was ¥55 million, up 110.3%.」
Rental income from EXIT NISHIKI, jG Kanayama and other properties continued to contribute, resulting in year-on-year increases in both revenue and operating profit in the real estate business. - FY2022WorsenedAnnual report
「As a result, revenue in the real estate business was ¥2,052 million, down 52.6% year on year, and operating profit was ¥158 million, down 86.9%.」
The real estate business saw substantial declines in both revenue and operating profit due to the impact of real estate sales in the previous fiscal year and the sale of Joule Kamejima during the current fiscal year. - FY2022-Q3WorsenedAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings, but results were significantly affected by the sale of real estate in the previous fiscal year and the sale of Joule Kamejima (Nakamura-ku, Nagoya) during the current fiscal year. As a result, revenue in the real estate business was ¥1,684 million, down 57.0% year on year, and operating profit was ¥122 million, down 89.5%.」
Although rental income contributed, the real estate business reported revenue of ¥1,684 million and operating profit of ¥122 million, with both declining substantially year on year due to the impact of real estate sales in the previous and current fiscal years. - FY2022-Q2WorsenedAnnual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings. As a result, revenue in the real estate business was ¥720 million, down 79.3% year on year, and operating profit was ¥69 million, down 93.9%.」
Although rental income contributed, revenue in the real estate business fell 79.3% year on year and operating profit fell 93.9%, resulting in substantial decreases in both revenue and operating profit. - FY2022-Q1The real estate business reported decreases in both revenue and operating profit.Annual report
「Rental income from tenant buildings including EXIT NISHIKI and jG Kanayama contributed to stable earnings. As a result, revenue in the real estate business was ¥358 million, down 21.2% year on year, and operating profit was ¥26 million, down 49.9%.」
Although rental income from EXIT NISHIKI, jG Kanayama and other properties contributed, the real estate business reported revenue of ¥358 million and operating profit of ¥26 million, representing year-on-year decreases in both revenue and operating profit. - FY2021The real estate business reported full-year increases in revenue and operating profit.Annual report
「Rental income from tenant buildings including EXIT NISHIKI, which opened in May 2020, and jG Kanayama contributed to stable earnings. The company also sold Diamond Way (Nakamura-ku, Nagoya), the Logistics Center and Joule Hirokawa (Nakagawa-ku, Nagoya). As a result, revenue in the real estate business was ¥4,325 million, up 68.8% year on year, and operating profit was ¥1,207 million, up 162.4%.」
In addition to rental income from EXIT NISHIKI and other properties, the sale of 3 properties contributed, bringing revenue in the real estate business to ¥4,325 million and operating profit to ¥1,207 million. - FY2021-Q3Real estate business reports higher revenue and operating profitAnnual report
「Rental income from the tenant building EXIT NISHIKI, opened in May 2020, and from jG Kanayama and other properties contributed stable earnings. The Company also sold Diamond Way (Nakamura Ward, Nagoya), the logistics center and Joule Hirokawa (Nakagawa Ward, Nagoya). As a result, revenue from the real estate business was ¥3,913 million, up 156.3% year on year, and operating profit was ¥1,168 million, up 781.8%.」
Rental income from EXIT NISHIKI and other properties contributed, while the sale of the 3 properties already mentioned was also under way. The real estate business reported revenue of ¥3,913 million and operating profit of ¥1,168 million. - FY2021-Q2AdvancedAnnual report
「Rental income from the tenant building EXIT NISHIKI, opened in May 2020, and from jG Kanayama and other properties contributed stable earnings. The Company also sold Diamond Way (Nakamura Ward, Nagoya), the logistics center and Joule Hirokawa (Nakagawa Ward, Nagoya). As a result, revenue from the real estate business was ¥3,485 million, up 240.1% year on year, and operating profit was ¥1,127 million, up 1044.6%.」
While rental income from EXIT NISHIKI contributed to earnings, the Company sold Diamond Way, the logistics center and Joule Hirokawa. The real estate business generated revenue of ¥3,485 million and operating profit of ¥1,127 million. - FY2021-Q1AdvancedAnnual report
「Rental income from the commercial building EXIT NISHIKI, opened in May 2020, and from Diamond Way, jG Kanayama and other properties contributed stable earnings. As a result, revenue from the real estate business was ¥455 million, down 9.9% year on year, while operating profit was ¥52 million, up 20.1%.」
The Company opened the commercial building EXIT NISHIKI in May 2020, which contributed to rental income along with its existing properties. The real estate business reported lower revenue but higher operating profit. - FY2020Real estate sale and higher revenue and operating profitAnnual report
「Rental income from tenant buildings including Diamond Way and jG Kanayama contributed stable earnings. The Company also sold the tenant building G-SEVENS Kariya (Kariya, Aichi). As a result, revenue from the real estate business was ¥2,562 million, up 13.0% year on year, and operating profit was ¥460 million, up 84.6%.」
While maintaining stable rental income, the Company sold G-SEVENS Kariya. The real estate business generated revenue of ¥2,562 million and operating profit of ¥460 million, resulting in higher revenue and operating profit. - FY2020-Q3Real estate business reports higher revenue and operating profitAnnual report
「Rental income from tenant buildings including Diamond Way and jG Kanayama contributed stable earnings. As a result, revenue from the real estate business was ¥1,526 million, up 1.4% year on year, and operating profit was ¥132 million, up 3.5%.」
Rental income from existing tenant buildings made a stable contribution, and the real estate business generated revenue of ¥1,526 million and operating profit of ¥132 million, both higher year on year. - FY2020-Q2AdvancedAnnual report
「Rental income from tenant buildings including Diamond Way, G-SEVENS Kariya and jG Kanayama contributed stable earnings. As a result, revenue from the real estate business was ¥1,024 million, up 2.6% year on year, and operating profit was ¥98 million, up 19.9%. / This was mainly due to expenditure of ¥724 million for the acquisition of property, plant and equipment in the real estate business, among other factors.」
Rental income from existing tenant buildings contributed to higher revenue and operating profit in the real estate business. In addition, ¥724 million was spent on the acquisition of property, plant and equipment. - FY2020-Q1Increase in fixed assets due to capital investment in the real estate businessAnnual report
「Rental income from tenant buildings including Diamond Way, G-SEVENS Kariya and jG Kanayama contributed stable earnings. As a result, revenue from the real estate business was ¥505 million, up 1.1% year on year, and operating profit was ¥43 million, down 0.3%.」
Rental income from existing tenant buildings made a stable contribution, and the real estate business generated revenue of ¥505 million and operating profit of ¥43 million. In addition, property, plant and equipment increased by ¥220 million due to capital investment in the real estate business and other factors. - FY2019Reduction in real estate holdings following the sale of tenant buildingsAnnual report
「In February 2019, the Company sold the tenant building J Growth Osone. In addition to these effects, revenue from the real estate business declined to ¥2,268 million, down 12.7% year on year, and operating profit to ¥249 million, down 32.4%, due to a decrease in gains on real estate sales recognized in the previous consolidated fiscal year.」
The Company sold J Growth Osone, and the real estate business generated revenue of ¥2,268 million and operating profit of ¥249 million. - FY2019-Q3AdvancedAnnual report
「Rental income from tenant buildings including Diamond Way, G-SEVENS Kariya and jG Kanayama contributed stable earnings. In October 2018, the Company made 株式会社ジェイアセット, which owns real estate, a consolidated subsidiary. As a result, revenue from the real estate business decreased slightly to ¥1,506 million, down 1.0% year on year, due to a decrease in rental properties within the Group, while operating profit was ¥128 million, up 1.1%.」
The Company made 株式会社ジェイアセット, which owns real estate, a consolidated subsidiary. Operating profit in the real estate business was ¥128 million, up 1.1% year on year, while revenue decreased 1.0% due to a decline in rental properties. - FY2019-Q2Lower revenue and operating profit due to fewer rental propertiesAnnual report
「Rental income from tenant buildings including Diamond Way, G-SEVENS Kariya and jG Kanayama contributed stable earnings. In addition, due partly to a decrease in rental properties within the Group, revenue from the real estate business was ¥998 million, down 1.5% year on year, and operating profit was ¥82 million, down 1.8%.」
Rental income continued to make a stable contribution, but the real estate business reported lower revenue and operating profit year on year due to a decrease in rental properties within the Group. - FY2019-Q1Stable rental income drives higher revenue and operating profitAnnual report
「Rental income from tenant buildings including Diamond Way, G-SEVENS Kariya and jG Kanayama contributed stable earnings. As a result, revenue from the real estate business was ¥500 million, up 0.1% year on year, and operating profit was ¥43 million, up 6.9%.」
Rental income from jG Kanayama and other properties continued to make a stable contribution, resulting in revenue of ¥500 million and operating profit of ¥43 million in the real estate business, both higher year on year. - FY2018-Q3Revenue continues to grow; decline in operating profit narrowsAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building jG Kanayama, which was opened in the previous consolidated fiscal year, contributed to earnings. As a result, revenue from the real estate business was ¥1,520 million, up 7.1% year on year, while operating profit was ¥126 million, down 7.8%.」
Revenue continued to increase on rental income from jG Kanayama and other properties, while operating profit declined 7.8% year on year. The decline narrowed from the 16.4% decrease in operating profit in the previous quarter. - FY2018-Q2Rental income up; operating profit downAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building jG Kanayama, which was opened in the previous consolidated fiscal year, contributed to earnings. As a result, revenue from the real estate business was ¥1,014 million, up 7.5% year on year, while operating profit was ¥83 million, down 16.4%.」
Rental income from jG Kanayama and other properties contributed to higher revenue, while operating profit in the real estate business declined 16.4% year on year. - FY2018-Q1RestatedAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building jG Kanayama, which was opened in the previous consolidated fiscal year, contributed to earnings.」
It was reconfirmed that, in addition to rental income from existing tenant buildings, jG Kanayama, which was opened in the previous consolidated fiscal year, contributed to earnings. - FY2017RestatedAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building J Growth Osone, which was opened in the previous consolidated fiscal year, contributed to earnings. The Company also newly opened the tenant building jG Kanayama in Naka Ward, Nagoya, in May 2016, and sold the Tokyo Branch Building in January 2017.」
The opening of jG Kanayama and the earnings contribution from existing rental properties were reconfirmed, and the sale of the Tokyo Branch Building was also noted. - FY2017-Q3RestatedAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building J Growth Osone, which was opened in the previous consolidated fiscal year, contributed to earnings. The Company also newly opened the tenant building jG Kanayama in Naka Ward, Nagoya, in May 2016. As a result, revenue from the real estate business was ¥1,419 million, up 4.4% year on year, and operating profit was ¥137 million, up 15.8%.」
The contribution to earnings from existing tenant buildings and J Growth Osone and jG Kanayama, as well as increased revenue and operating profit in the real estate business, was reiterated. - FY2017-Q2RestatedAnnual report
「In addition to rental income from tenant buildings including Diamond Way and G-SEVENS Kariya, the tenant building J Growth Osone, which was opened in the previous consolidated fiscal year, contributed to earnings. The Company also newly opened the tenant building jG Kanayama in Naka Ward, Nagoya, in May 2016. As a result, revenue from the real estate business was ¥943 million, up 3.6% year on year, and operating profit was ¥100 million, up 24.4%.」
The opening of jG Kanayama was reiterated, along with the earnings contribution from J Growth Osone and increased revenue and operating profit in the real estate business. - FY2017-Q1First statedAnnual report
「In May 2016, the Company newly opened the tenant building jG Kanayama in Naka Ward, Nagoya.」
The Company is expanding the rental income base of its real estate business by opening new tenant buildings.