Diversification of Business Areas, Including Renovation, Joint Ventures and Real Estate Securitization
First written in FY2016. 33 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group will also pursue expansion into new business areas through M&A, as well as housing for seniors and hotel development, while monitoring market trends. It will seek sustainable growth through joint ventures and alliances with other companies, including development outside central Tokyo.」
The Group is continuing its diversification policy, covering M&A, housing for seniors, hotels, joint ventures and alliances, and development outside central Tokyo, and has specified the scope of its target areas. - FY2026-H1AdvancedAnnual report
「株式会社神楽坂ハイツ owns real estate in Tokyo. Through the acquisition of these shares, the Group will seek to enhance the corporate value of the Group as a whole and achieve sustainable growth through development and other activities utilizing the relevant real estate.」
Through K-nine, a real estate rental business company was acquired, expanding the business approaches to include development and other activities utilizing real estate in Tokyo held by that company. - FY2025AdvancedAnnual report
「As demand for travel and leisure among affluent people in Japan and overseas continues to increase year by year, we will also pursue development businesses for accommodation facilities and other properties in selected areas such as Hokkaido, leveraging our strengths.」
In addition to existing hotel operations, joint ventures, and development outside central Tokyo, accommodation-facility development in areas such as Hokkaido is identified as a specific area for business diversification. - FY2025-H1AdvancedAnnual report
「In real estate development and sales, revenue was ¥669.8 million, down 39.3% year on year, following the sale of 1 urban rental apartment building comprising 50 units, 1 apartment building comprising 11 units, 16 detached houses and terraced houses for sale, and 5 land parcels. In real estate acquisition and resale, revenue was ¥727 million from 1 acquired-and-resold property, compared with ¥46 million in the same period of the previous year.」
In addition to urban rental apartments, apartments, detached houses and terraced houses, and land sales, 1 acquired-and-resold property was recorded, continuing to produce results through multiple real estate business approaches. - FY2024AdvancedAnnual report
「While pursuing expansion of its business areas through M&A and developing housing and hotels for seniors based on careful assessment of market trends, we will also consider joint ventures with other companies and development outside central Tokyo, seeking sustainable growth.」
In addition to its existing hotel operations, joint ventures, and development outside central Tokyo, M&A and housing for seniors are explicitly identified as areas for business diversification. - FY2024-Q3AdvancedAnnual report
「The company became a subsidiary after acquiring all of its shares on 29 February 2024.」
The M&A aimed at diversifying business areas and development regions progressed from the consideration and contract stages to completion of the acquisition of all shares and the company's establishment as a subsidiary. - FY2024-Q2AdvancedAnnual report
「The Company has also been considering M&A to accelerate further growth by expanding its business areas and development regions.」
Regarding diversification of business areas and development regions, the M&A under consideration has progressed to a specific transaction involving an agreement to acquire shares in K-nine. - FY2024-Q1AdvancedAnnual report
「Of this, in real estate development and sales, revenue was ¥443.3 million following the sale of 3 investment studio apartment buildings comprising 117 units and 1 land parcel; no revenue was recorded in the same period of the previous year.」
In addition to development and sales of investment studio apartments, a land resale was recorded as a first-quarter result. - FY2023AdvancedAnnual report
「Because the Group's sales destinations had been limited to residence-related companies since its establishment, it entered the hotel business to diversify its customer base and has operated hotels held in-house since October 2020. The Group will continue to diversify its real estate development and sales business, including joint ventures with other companies.」
The policy of continuing to diversify the real estate development and sales business, including joint ventures, while maintaining hotel operations, has been reaffirmed. - FY2023-Q3AdvancedAnnual report
「Of this, in real estate development and sales, revenue was ¥1.1182 billion, down 21.4% year on year, following the sale of 9 investment studio apartment buildings comprising 330 units and 1 land parcel. In real estate acquisition and resale, revenue was ¥37 million, down 39.8% year on year, following the sale of 1 used condominium acquired and resold.」
Development and sales of investment apartments, land resale, and resale of used condominiums acquired and resold were recorded as results for the cumulative third quarter, continuing multiple business approaches. - FY2022AdvancedAnnual report
「The Group also entered the student apartment development business and, because its sales destinations had been limited to residence-related companies since its establishment, entered the hotel business to diversify its customer base, operating hotels held in-house since October 2020.」
Entry into student apartments and entry into the hotel business and operation of hotels held in-house were reaffirmed as specific measures to diversify the business areas and customer base. For the full year, 6 used condominiums acquired and resold were also recorded. - FY2022-Q3AdvancedAnnual report
「In real estate development and sales, revenue was ¥1.4222 billion, down 15.5% year on year, following the sale of 9 investment studio apartment buildings comprising 534 units. In real estate acquisition and resale, revenue was ¥62 million, down 68.9% year on year, following the sale of 1 used condominium and 1 used detached house acquired and resold.」
In addition to development and sales, used condominiums and used detached houses acquired and resold were recorded, continuing to produce results through multiple products and sales approaches. - FY2022-Q2RestatedAnnual report
「In real estate acquisition and resale, revenue was ¥62 million, down 68.9% year on year, following the sale of 1 used condominium and 1 used detached house acquired and resold.」
Sales of used condominiums and used detached houses acquired and resold continued to be recorded, maintaining business approaches and product coverage beyond development and sales. - FY2022-Q1AdvancedAnnual report
「In real estate acquisition and resale, revenue was ¥62 million, down 68.9% year on year, following the sale of 1 used condominium and 1 used detached house acquired and resold.」
In addition to used condominiums, revenue from 1 used detached house acquired and resold was recognized, demonstrating results across business approaches and products other than development and sales. - FY2021AdvancedAnnual report
「While entering the student apartment development business, the Group also entered the hotel business to diversify its customer base, as sales destinations had been limited to residence-related companies since its establishment, and has operated hotels held in-house since October 2020.」
Student apartments were added to the diversification of real estate development, and entry into the hotel business and the launch of operations at hotels held in-house were described. - FY2021-Q3AdvancedAnnual report
「In real estate development and sales, revenue was ¥1.6824 billion, up 56.7% year on year, following the sale of 12 investment studio apartment buildings comprising 562 units and 1 land resale. In real estate acquisition and resale, revenue was ¥199 million, up 183.6% year on year, from the sale of 5 used condominiums acquired and resold.」
In addition to development and sales, 1 land resale and 5 used condominiums acquired and resold were recorded, producing results through multiple real estate business approaches. - FY2021-Q2RestatedAnnual report
「In real estate acquisition and resale, following the sale of 5 used condominiums acquired and resold, total revenue was ¥199 million, up 183.6% year on year.」
Sales of 5 used condominiums acquired and resold continued to be recorded, with no material change from the previous cumulative quarter in the reported number of units or revenue. - FY2021-Q1AdvancedAnnual report
「Following the sale of 5 used condominiums acquired and resold, total revenue from real estate acquisition and resale was ¥199 million, up 183.6% year on year.」
Five used condominiums acquired and resold were sold, continuing to produce results through business approaches other than development and sales. - FY2020SoftenedAnnual report
「In the hotel development business, the opening has been delayed due to the unexpected spread of COVID-19. In line with the original objective of diversifying our customer base to include the hotel and services industries, in addition to the residence-related companies that have consistently been our sales destinations since the Company's establishment, we will proceed with this business once the industry and business recover.」
The policy of diversifying the customer base through hotel development has been maintained, but the opening was postponed due to the spread of COVID-19, and progress on the business is being deferred until the industry recovers. - FY2020-Q3RestatedAnnual report
「Following the sale of 2 acquired-and-resold properties, total revenue from real estate acquisition and resale was ¥70 million, down 61.3% year on year.」
Sales of 2 acquired-and-resold properties continued to be recorded, maintaining a real estate business approach other than development and sales. - FY2020-Q2RestatedAnnual report
「Following the sale of 2 acquired-and-resold properties, total revenue from real estate acquisition and resale was ¥70 million, down 8.0% year on year.」
Sales of 2 acquired-and-resold properties continued to be recorded, maintaining a real estate business approach other than development and sales. - FY2020-Q1AdvancedAnnual report
「Following the sale of 2 used condominiums acquired and resold, total revenue from real estate acquisition and resale was ¥70 million, up 122.4% year on year.」
Two used condominiums acquired and resold were sold, producing results through a real estate business approach other than development and sales. - FY2019AdvancedAnnual report
「Through our newly launched hotel development business, we will diversify our customer base to include the hotel and services industries, in addition to the residence-related companies that have consistently been our sales destinations since the Company's establishment. In the future, we will also pursue diversification of the real estate development business, including joint ventures with other companies and real estate securitization.」
The scope of diversification has expanded from existing real estate business approaches to include hotel development, expansion of the customer base to the hotel and services industries, joint ventures, and real estate securitization. - FY2019-Q3AdvancedAnnual report
「Following the sale of 13 investment studio condominium buildings comprising 609 units, one terrace-house building comprising 3 units and two land resale properties, total revenue from real estate development and sales amounted to ¥17,614 million, up 37.4% year on year.」
In addition to development and sales of apartments and terraced houses, 2 land resales were recorded during the cumulative third quarter, producing results through multiple real estate business approaches. - FY2019-Q2AdvancedAnnual report
「Following the sale of eight investment studio condominium buildings comprising 408 units, one terrace-house building comprising 3 units and two land resale properties, total revenue from real estate development and sales amounted to ¥11,180 million, up 30.8% year on year.」
In addition to development and sales of apartments and terraced houses, 2 land resales were recorded during the cumulative second quarter, producing results through multiple real estate business approaches. - FY2019-Q1AdvancedAnnual report
「Following the sale of five investment studio condominium buildings comprising 249 units and two land resale properties, total revenue from real estate development and sales amounted to ¥6,432 million, up 49.9% year on year.」
In addition to sales of properties developed in-house, 2 land resales were recorded, continuing to produce results through multiple real estate business approaches. - FY2018AdvancedAnnual report
「Following the sale of 11 investment studio condominium buildings comprising 489 units, one for-sale condominium building comprising 51 units, one apartment building with 6 units, two terrace-house buildings comprising 10 units, and one land resale property, total revenue from real estate development and sales amounted to ¥15,448 million, down 10.2% year on year.」
In addition to apartment development, apartments, terraced houses, and land resales were turned into results, advancing the business through multiple real estate approaches. - FY2018-Q3AdvancedAnnual report
「Against this business backdrop, during the third quarter of the current consolidated cumulative period, the Group recorded revenue from 10 in-house-developed investment studio condominium and for-sale condominium buildings comprising 454 units, one in-house-developed apartment building with 6 units, two terrace houses, and three properties acquired for resale.」
In addition to apartments developed in-house, apartments, terraced houses, and acquired-and-resold properties were recorded as revenue, continuing to produce results through multiple real estate business approaches. - FY2018-Q2AdvancedAnnual report
「Against this business backdrop, during the second quarter of the current consolidated cumulative period, the Group recorded revenue from seven in-house-developed investment studio condominium and for-sale condominium buildings comprising 295 units, as well as two properties acquired for resale.」
In addition to sales of properties developed in-house, 2 properties acquired and resold were recorded, continuing to produce results through multiple real estate business approaches. - FY2018-Q1AdvancedAnnual report
「Against this business backdrop, during the first quarter of the current consolidated cumulative period, the Group recorded revenue from five in-house-developed investment studio condominium and for-sale condominium buildings comprising 121 units, as well as one property acquired for resale.」
In addition to sales of properties developed in-house, 1 property acquired and resold was recorded, continuing to produce results through multiple real estate business approaches. - FY2017AdvancedAnnual report
「During the current consolidated fiscal year, the Group recognized revenue from 12 studio apartment buildings comprising 587 units developed in-house for investment purposes, including 1 ongoing property carried over from the previous fiscal year, 1 building comprising 14 units carried over from the previous fiscal year, and 1 retail unit. Four of the buildings were sold in bulk to domestic and overseas corporations and other buyers. In addition, revenue was recognized from 1 apartment building comprising 12 units developed in-house, 1 land resale property, and 5 properties acquired and resold.」
In addition to bulk sales of entire buildings, multiple business approaches including apartments, land resales, and acquisitions and resales were recorded as annual results. - FY2017-Q3AdvancedAnnual report
「In this business environment, during the cumulative third quarter of the current consolidated fiscal year, the Group recognized revenue from 11 studio apartment buildings comprising 377 units developed in-house for investment purposes, including 1 ongoing property carried over from the previous fiscal year, 1 building comprising 14 units carried over from the previous fiscal year, and 1 retail unit. Four of the buildings were sold in bulk to domestic and overseas corporations and other buyers. In addition, revenue was recognized from 1 land resale property and 4 properties acquired and resold.」
Revenue recognition for investment studio apartments progressed to a cumulative total of 11 buildings and 377 units, while 1 land resale property and 4 properties acquired and resold were also recorded. - FY2017-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the Group recognized revenue from 6 studio apartment buildings comprising 285 units developed in-house for investment purposes, including 1 ongoing property carried over from the previous fiscal year, 1 building comprising 14 units carried over from the previous fiscal year, and 1 retail unit. Four of the buildings were sold in bulk to domestic and overseas corporations and other buyers. In addition, revenue was recognized from 1 land resale property and 3 properties acquired and resold.」
In addition to recognizing revenue from 6 investment apartment buildings comprising 285 units, 1 land resale property and 3 properties acquired and resold were recorded as results, demonstrating progress through multiple business approaches. - FY2017-Q1AdvancedAnnual report
「In this business environment, during the cumulative first quarter of the current consolidated fiscal year, the Group recognized revenue from 2 studio apartment buildings comprising 110 units developed in-house for investment purposes, including 1 ongoing property carried over from the previous fiscal year and 1 building comprising 14 units carried over from the previous fiscal year. One of the buildings was sold in bulk to a domestic corporation. In addition, revenue was recognized from 1 land resale property and 2 properties acquired and resold.」
As part of the diversification of business areas, revenue was actually recognized from 1 land resale property and 2 properties acquired and resold. - FY2016First statedAnnual report
「For compact apartments and condominiums with a track record of development and sales, we will continue to promote planning and development based on careful selection of locations, while pursuing diversification including renovation, joint ventures with other companies, and real estate securitization.」
In addition to existing apartment development, multiple real estate-related approaches are listed.