Building Stable Earnings Through the Rental Business
First written in FY2017-Q1. 17 of 33 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Kurabo Industries moved to the "Worse" side of this theme in 2017, 8 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 4 of 30 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Real estate leasing recorded higher sales due to the opening of new leased properties. Net sales were ¥3.9 billion, up 6.5% year on year, and operating income was ¥2.29 billion, up 2.5%.」
The Real Estate business reported higher revenue and operating profit due to the opening of new rental properties. - 2026-05-14AdvancedEarnings
「Real estate leasing recorded higher sales due to the opening of new leased properties. Net sales were ¥3.9 billion, up 6.5% year on year, and operating income was ¥2.29 billion, up 2.5%.」
The Real Estate business recorded higher sales and earnings due to the opening of new leased properties. - FY2026-H1AdvancedAnnual report
「Revenue from real estate leasing increased to ¥1.9 billion, up 5.9% year on year, following the opening of new rental properties, while operating profit was ¥1.24 billion, up 5.0%.」
The Real Estate business recorded higher sales and earnings due to the opening of new leased properties. - FY2025-H1WorsenedAnnual report
「Revenue from real estate leasing was ¥1.8 billion, down 1.3% year on year, while operating profit was ¥1.18 billion, down 4.4%, partly due to higher taxes and dues and other expenses.」
Revenue and operating profit from real estate leasing were both below the levels of the same period of the previous year, with higher taxes and dues and other expenses contributing to the decline in profit. - FY2024Higher revenue from new rentals, lower profit due to repair expensesAnnual report
「Revenue from real estate leasing increased to ¥3.7 billion, up 1.8% year on year, due to the launch of new rental operations. However, operating profit was ¥2.33 billion, down 4.1%, due to higher repair expenses and other factors.」
The pattern of higher revenue from new rental operations and lower operating profit due to higher repair expenses was also confirmed for the full fiscal year. - FY2024-Q3Higher revenue from new rentals, lower profit due to repair expensesAnnual report
「Revenue from real estate leasing increased to ¥2.8 billion, up 1.6% year on year, due to the launch of new rental operations. However, operating profit was ¥1.74 billion, down 9.5%, due to higher repair expenses and other factors.」
The pattern of higher revenue from new rental operations and lower operating profit due to higher repair expenses and other factors has continued. - FY2024-Q2Higher revenue from new rental operations, lower profit due to repair expensesAnnual report
「Revenue from real estate leasing increased to ¥1.8 billion, up 1.3% year on year, due to the launch of new rental operations. However, operating profit was ¥1.24 billion, down 2.9%, due to higher repair expenses and other factors.」
Revenue increased following the launch of new rental operations, while operating profit declined due to higher repair expenses and other factors. - FY2024-Q1WorsenedAnnual report
「Revenue from real estate leasing was ¥900 million, up 0.6% year on year, while operating profit was ¥620 million, down 3.8%, due to higher repair expenses and other factors.」
Revenue from real estate leasing increased slightly, while higher repair expenses and other factors resulted in lower operating profit. - FY2023-Q3WorsenedAnnual report
「Revenue from real estate leasing was ¥2.7 billion, down 2.4% year on year, and operating profit was ¥1.92 billion, down 7.9%, due to changes in certain rental terms and other factors.」
Real estate leasing reported lower revenue and operating profit due to changes in certain rental terms and other factors. - FY2023-Q2WorsenedAnnual report
「Revenue from real estate leasing was ¥1.8 billion, down 3.4% year on year, and operating profit was ¥1.27 billion, down 9.2%, due to changes in certain rental terms and other factors.」
The Real Estate business reported lower revenue and operating profit due to changes in certain rental terms and other factors. - FY2023-Q1WorsenedAnnual report
「Revenue from real estate leasing was ¥900 million, down 4.3% year on year, due to the reduction of office space by certain tenants and other factors. Operating profit was ¥640 million, down 12.0%, partly due to higher repair and maintenance expenses.」
The Real Estate business reported lower revenue and operating profit due to the reduction of office space by certain tenants and higher repair and maintenance expenses. - FY2022WorsenedAnnual report
「Although the company focused on promoting the rental business, the expiration of the contract period for certain rental properties resulted in revenue of ¥3.7 billion, compared with ¥4.0 billion in the same period of the previous year, and operating profit of ¥2.74 billion, compared with ¥2.84 billion.」
The business reported lower revenue and operating profit for the full fiscal year due to the expiration of the contract period for certain rental properties. - FY2022-Q3RestatedAnnual report
「Although the company focused on promoting the rental business, the expiration of the contract period for certain rental properties resulted in revenue of ¥2.8 billion, compared with ¥3.0 billion in the same period of the previous year, and operating profit of ¥2.09 billion, compared with ¥2.14 billion.」
The business has continued to report lower revenue and operating profit due to the expiration of the contract period for certain rental properties. - FY2022-Q2WorsenedAnnual report
「Although the company focused on promoting the rental business, the expiration of the contract period for certain rental properties resulted in revenue of ¥1.9 billion, compared with ¥2.1 billion in the same period of the previous year, and operating profit of ¥1.4 billion, compared with ¥1.44 billion.」
The Real Estate business reported lower revenue and operating profit due to the expiration of the contract period for certain rental properties. - FY2022-Q1WorsenedAnnual report
「Although the company focused on promoting the rental business, the expiration of the contract period for certain rental properties resulted in revenue of ¥900 million, compared with ¥1.1 billion in the same period of the previous year, and operating profit of ¥730 million, compared with ¥800 million.」
The Real Estate business reported lower revenue and operating profit due to the expiration of the contract period for certain rental properties. - FY2021-Q3WorsenedAnnual report
「Revenue in the Real Estate business was ¥3.0 billion, down 3.9% year on year, due to the expiration of the contract period for certain rental properties. Operating profit was ¥2.14 billion, down 4.7%, due to higher repair and maintenance expenses resulting from equipment renewals and other factors.」
The business reported lower revenue and operating profit due to the expiration of the contract period for certain rental properties and higher repair and maintenance expenses. - FY2021-Q2MitigatedAnnual report
「Revenue in the Real Estate business was ¥2.1 billion, up 0.1% year on year and approximately unchanged from the same period of the previous year. Operating profit was ¥1.44 billion, down 1.1%, due to higher repair and maintenance expenses resulting from equipment renewals and other factors.」
Operating profit declined year on year, but revenue in the current quarter recovered to approximately the same level as in the same period of the previous year after declining revenue and operating profit in the previous quarter. Repair and maintenance expenses continued to increase. - FY2021-Q1AdvancedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥1.1 billion, up 8.2% year on year, and operating profit was ¥800 million, up 13.7%.」
The Real Estate business reported higher revenue and operating profit as a result of promoting the rental business. - FY2020MitigatedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥4.3 billion, down 2.8% year on year. However, cost reductions, including lower repair and maintenance expenses, brought operating profit to ¥3.0 billion, down 1.4% and approximately unchanged from the same period of the previous year.」
Although revenue continued to decline, operating profit was maintained at approximately the same level as in the same period of the previous year through lower repair and maintenance expenses and other measures. - FY2020-Q3RestatedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥3.2 billion, down 3.4% year on year, and operating profit was ¥2.24 billion, down 1.7%, partly because contracts for certain properties were reviewed.」
The Real Estate business has continued to report lower revenue and operating profit due to the review of contracts for certain properties and other factors. - FY2020-Q2WorsenedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥2.1 billion, down 4.6% year on year, and operating profit was ¥1.45 billion, down 6.8%, partly because contracts for certain properties were reviewed.」
The Real Estate business reported lower revenue and operating profit due to the review of contracts for certain properties and other factors. - FY2020-Q1WorsenedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥1.0 billion, down 7.9% year on year, and operating profit was ¥710 million, down 10.2%, partly because contracts for certain properties were reviewed.」
The Real Estate business reported lower revenue and operating profit due to the review of contracts for certain properties and other factors. - FY2019-Q3RestatedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥3.3 billion, up 1.3% year on year, and operating profit was ¥2.28 billion, up 1.0%.」
Revenue and operating profit have continued to exceed the levels of the same period of the previous year as a result of promoting the rental business. - FY2019-Q2AdvancedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥2.2 billion, up 1.2% year on year, and operating profit was ¥1.56 billion, up 2.2%.」
The Real Estate business reported slight revenue growth and higher operating profit, improving from the decline in operating profit through the previous fiscal year. - FY2019-Q1WorsenedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥1.1 billion, up 0.8% year on year, and operating profit was ¥790 million, down 1.0%.」
Revenue from the rental business increased slightly, while operating profit declined year on year. - FY2018WorsenedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥4.3 billion, down 0.2% year on year, while operating profit was ¥2.98 billion, down 2.5%, due to the impact of higher costs, including repair expenses.」
Revenue from the rental business declined slightly, while higher costs, including repair expenses, resulted in lower operating profit. This pattern was also reported for the full fiscal year. - FY2018-Q3WorsenedAnnual report
「Although the company focused on promoting the rental business, revenue was ¥3.2 billion, down 0.1% year on year, while operating profit was ¥2.26 billion, down 4.3%, due to the impact of higher costs, including repair expenses.」
Revenue from the rental business remained approximately at the same level as in the same period of the previous year, while higher costs, including repair expenses, led to lower operating profit. - FY2018-Q2WorsenedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥2.1 billion, down 0.1% year on year, while operating profit was ¥1.53 billion, down 2.9%, due to the impact of higher costs, including repair expenses.」
Revenue from the rental business remained approximately at the same level as in the same period of the previous year, while higher costs, including repair expenses, led to lower operating profit. - FY2018-Q1WorsenedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥1.0 billion, down 0.0% year on year, and operating profit was ¥800 million, down 1.0%, remaining approximately at the same level as in the same period of the previous year.」
Revenue was approximately unchanged from the same period of the previous year, while operating profit declined 1.0%. - FY2017WorsenedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥4.3 billion, up 0.0% year on year, and operating profit was ¥3.06 billion, down 1.5%.」
Revenue was approximately unchanged from the same period of the previous year, while operating profit declined 1.5% year on year. - FY2017-Q3RestatedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥3.2 billion, up 0.0% year on year, and operating profit was ¥2.36 billion, down 0.0%.」
The rental business continued to generate stable earnings, with revenue remaining at approximately the same level as in the same period of the previous year. - FY2017-Q2RestatedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥2.1 billion, up 0.1% year on year, and operating profit was ¥1.57 billion, up 0.5%.」
The rental business continued to generate stable earnings, with revenue remaining at approximately the same level as in the same period of the previous year. - FY2017-Q1First statedAnnual report
「As a result of focusing on promoting the rental business, revenue was ¥1.0 billion, up 0.0% year on year, and operating profit was ¥800 million, up 0.1%.」
The company continued to promote the rental business, with revenue and operating profit both remaining at approximately the same levels as in the same period of the previous year.