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Mie Kotsu Group Holdings (3232) · InitiativeAdvanced

Strengthening recurring-revenue businesses less sensitive to economic conditions

First written in FY2016. 15 of 21 entries say "Advanced", first in FY2020. Latest entry: 2026-05-13.

21entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2020 – FY2022-Q1AdvancedFY2025-H1 – 2026-05-132016: 120162017: 020172018: 020182019: 020192020: 320202021: 420212022: 420222023: 420232024: 220242025: 220252026: 1
Same theme, other companies
Stable Growth Through Combining Stock- and Flow-Based BusinessesA theme 13 companies write about · 0 as a headwind · 13 as a tailwind

7 other companies' latest entry also says "Advanced".

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. 2026-05-13AdvancedPresentation materials for financial results

    「また、不動産セグメントでは2025年8月に三重県内における新たな旗艦ビルとして「四日市三交ビル」を開業したことに加え、その隣接地で「四日市三交ビルANNEX」の開発に着手するなど、安定した収益基盤の拡大を図りました。」

    四日市三交ビルの開業とANNEX開発着手により、ストック型の不動産収益基盤を拡大する動きを記載している。
  2. FY2026-H1AdvancedAnnual report

    「三交不動産㈱ opened Yokkaichi Sanco Building, one of the largest rental office buildings in Mie Prefecture, in August this year, and began developing Yokkaichi Sanco Building Annex, with Sanco Inn as its anchor tenant, thereby working to expand the earnings base centred on the Real Estate segment.」

    The company expanded its real estate earnings base by opening Yokkaichi Sanko Building and beginning development of an annex anchored by Sanko Inn as its key tenant.
  3. FY2025AdvancedAnnual report

    「In the real estate segment, we are working to secure sustainable earnings through planned acquisitions and investment.」

    The company is giving concrete form to a strategy of expanding its earnings base in the real estate business, including recurring-revenue businesses, through planned acquisitions and investment, new development and renovations of existing facilities.
  4. FY2025-H1AdvancedAnnual report

    「三交不動産㈱ opened Meieki Sanco Building in April this year and No. 2 Nagoya Sanco Building in June, and also began developing Mie Prefecture’s first rental apartments for sale in Yokkaichi, thereby expanding the earnings base centred on the Real Estate segment, a growth driver.」

    The company made progress in strengthening recurring-revenue businesses by opening Meieki Sanko Building and the 2nd Nagoya Sanko Building and beginning development of a build-to-sell rental condominium in Yokkaichi.
  5. FY2024-Q3RestatedAnnual report

    「In the leasing business, operating revenue increased because of the acquisition of new properties. In the environmental energy business, operating revenue increased because favorable weather conditions supported steady power generation. In the property management business, which manages buildings and condominiums, operating revenue increased because of new property management contracts.」

    The company has reaffirmed the earnings contribution from its recurring-revenue businesses, including leasing, environmental energy and property management, driven by new property acquisitions and management contracts and steady power generation.
  6. FY2024-Q2AdvancedAnnual report

    「In the condominium sales business, operating revenue increased because the number of condominiums sold rose and unit prices increased. In the leasing business, operating revenue increased because of the acquisition of new properties. In the construction business, operating revenue decreased because the number of custom-built homes delivered declined. In the environmental energy business, operating revenue increased because favorable weather conditions supported steady power generation. In the brokerage business, operating revenue decreased because transaction volume declined. In the property management business, which manages buildings and condominiums, operating revenue increased because of new property management contracts.」

    For the recurring-revenue businesses, the company reports higher revenue from the acquisition of new rental properties and new property management contracts.
  7. FY2024-Q1RestatedAnnual report

    「In the property management business, which manages buildings and condominiums, operating revenue increased because of new property management contracts.」

    The company continues to report earnings growth from the property management business, one of its recurring-revenue businesses, driven by new property management contracts.
  8. FY2023AdvancedAnnual report

    「In the real estate segment, we will strengthen our businesses on both the recurring-revenue and transaction-based sides as a pillar of growth for the Group.」

    The company positions recurring-revenue businesses such as leasing, property management and environmental energy, together with transaction-based businesses such as condominium sales and build-to-sell rental condominiums, as pillars of growth for its real estate business.
  9. FY2023-Q3RestatedAnnual report

    「In the leasing business, operating revenue was at the same level as in the year-earlier period because the company worked to maintain occupancy rates at each facility. In the environmental energy business, operating revenue increased because favorable weather conditions supported steady power generation. In the property management business, which manages buildings and condominiums, operating revenue increased because of new property management contracts.」

    The company has reaffirmed that leasing revenue was at the same level as in the year-earlier period, while environmental energy and property management revenue increased.
  10. FY2023-Q2RestatedAnnual report

    「In the leasing business, the company worked to maintain occupancy rates at each facility, but operating revenue declined slightly. In the environmental energy business, operating revenue increased because favorable weather conditions supported steady power generation. In the property management business, which manages buildings and condominiums, operating revenue increased because of new property management contracts.」

    The company describes a slight decline in leasing revenue despite maintaining occupancy rates, while environmental energy and property management revenue increased on higher power generation and new management contracts, respectively.
  11. FY2023-Q1AdvancedAnnual report

    「In the leasing business, operating revenue increased because the number of properties rose and efforts were made to maintain occupancy rates. In the environmental energy business, operating revenue increased because favorable weather conditions supported steady power generation.」

    The company states that the increase in rental properties and steady power generation in the environmental energy business each contributed to higher revenue from recurring-revenue businesses.
  12. FY2022AdvancedAnnual report

    「In the leasing business, the company is proceeding with construction of the Second Nagoya Sanco Building (provisional name), which began in January 2022, while working to acquire new properties and improve occupancy rates at existing facilities in order to secure profit.」

    The company describes specific initiatives to strengthen recurring-revenue businesses, including starting construction of the 2nd Nagoya Sanko Building, acquiring new properties and improving occupancy rates at existing facilities.
  13. FY2022-Q3AdvancedAnnual report

    「In the leasing business, the company is proceeding with the acquisition of land for an existing commercial facility in Yokkaichi, Mie Prefecture, and construction of 3 build-to-sell rental condominium projects in Nagoya.」

    To strengthen recurring-revenue businesses, the company is proceeding with the acquisition of a commercial facility site in Yokkaichi and construction of 3 build-to-sell rental condominium projects in Nagoya.
  14. FY2022-Q2RestatedAnnual report

    「Against this backdrop, the group advanced its business, focusing on priority areas, including acquiring land for an existing commercial facility in Yokkaichi, Mie Prefecture, and constructing 2 build-to-sell rental condominium properties in Nagoya. At the same time, it reviewed capital investment and worked to reduce costs and improve its earnings balance.」

    The company has reaffirmed its policy of reviewing capital investment and reducing costs while expanding recurring-revenue businesses such as leasing.
  15. FY2022-Q1AdvancedAnnual report

    「In the leasing business, the group pursued its businesses in key focus areas, including acquiring the site of an existing commercial facility in Yokkaichi, Mie Prefecture, and constructing 2 build-to-sell rental apartment properties in Nagoya.」

    To strengthen recurring-revenue businesses, the company is acquiring sites for existing commercial facilities and proceeding with construction of 2 build-to-sell rental condominium projects.
  16. FY2021AdvancedAnnual report

    「In the real estate segment, we will continue strengthening recurring-revenue businesses, including leasing and environmental energy, to establish a more stable business structure.」

    The company continues to explicitly state its intention to strengthen recurring-revenue businesses, including leasing and environmental energy, to establish a business structure less susceptible to economic fluctuations.
  17. FY2021-Q3AdvancedAnnual report

    「In the leasing business, operating revenue increased, mainly because rents from Nagoya Sanko Building, which opened in April of Reiwa 2, contributed to results. In the environmental energy business, operating revenue increased because the Minamiise Kozaka Mega Solar No. 2 Power Plant began operating in March of Reiwa 2 and all facilities at the Tsu Mega Solar Mori-no-Machi Chusei Bypass Power Plant began operating in October of Reiwa 2.」

    For the recurring-revenue businesses, rental income from Nagoya Sanko Building and electricity sales revenue from several mega-solar power plants contributed to operating revenue.
  18. FY2021-Q2AdvancedAnnual report

    「In the leasing business, operating revenue increased, mainly because rents from Nagoya Sanko Building, which opened in April of this year, contributed to results. In the environmental energy business, operating revenue increased, mainly because electricity sales revenue from the Minamiise Kozaka Mega Solar No. 2 Power Plant, which began operating in March of this year, and the Tsu Mega Solar Mori-no-Machi Chusei Bypass Power Plant, which began partial operations in August of this year, contributed to results.」

    The company states that rents from Nagoya Sanko Building and electricity sales revenue from several mega-solar power plants contributed to higher revenue as recurring-revenue businesses expanded.
  19. FY2021-Q1AdvancedAnnual report

    「In the leasing business, we began redeveloping existing rental facilities in the Nagoya area. In the environmental energy business, construction is under way to bring several mega-solar power plants into operation.」

    The company describes specific initiatives to expand recurring-revenue businesses that generate stable earnings, including the redevelopment of rental facilities and construction of several mega-solar power plants.
  20. FY2020AdvancedAnnual report

    「In the real estate segment, we will continue expanding recurring-revenue businesses, including leasing and environmental energy, to establish a more stable business structure.」

    The company is continuing to strengthen and give concrete form to its recurring-revenue businesses by expanding its leasing and environmental energy operations.
  21. FY2016First statedAnnual report

    「In the real estate segment, we are strengthening recurring-revenue businesses to adapt to constantly changing market conditions and establish a business structure less susceptible to economic fluctuations.」

    The company is pursuing a strategy of reducing fluctuations in its condominium sales business while strengthening recurring-revenue businesses such as leasing.
Moved together

"Expansion of the Leasing Business" moved the same way as this thread, in the same document, in 13 of its 21 moves.

1311111098★123456
  1. ★This thread
  2. 1Expansion of the Leasing Business13×
  3. 2Strategic Investment in Growth Sectors11×
  4. 3Advancing Business Structural Transformation11×
  5. 4Redevelopment of Existing Buildings in the Nagoya Area and Facility Upgrades in Mie Prefecture10×
  6. 5Strengthening the Group’s Management Foundation Through a Three-Year Medium-Term Management Plan9×
  7. 6Expansion of Solar Power Generation Facilities and Strengthening of the Environmental Energy Business8×

★ 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
Mie Kotsu Group Holdings's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Presentation materials for financial results of 2026-05-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strengthening recurring-revenue businesses less sensitive to economic conditions | Mie Kotsu Group Holdings,Inc. (3232) | Komori