Disclosure metric changed from development value to estimated total development project value
First written in FY2018-Q3. 15 of 25 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「As a result, the number of remaining development projects at the end of the interim consolidated fiscal period was 15, and the development project balance, representing the expected future cost of sales, was ¥7,790.112 million, compared with ¥3,067.958 million at the end of the same period of the previous fiscal year.」
The company continued to disclose the development project balance and number of remaining projects as progress metrics for the development-and-sales scheme. The balance increased significantly from the end of the same period of the previous fiscal year. - 2026-05-25AdvancedOther Disclosures
「The acquisition price of the land is less than the amount equivalent to 30% of net assets in the immediately preceding consolidated fiscal year, the fiscal year ending November 2025, which is the threshold for timely disclosure.」
Specific progress in the acquisition of development land was disclosed. Revenue recognition is expected from the fiscal year ending November 2027 onward, with a minor impact on the current consolidated fiscal year. - FY2025-H1AdvancedAnnual report
「At the end of the interim consolidated fiscal period, the number of remaining development projects was 9, and the development project balance, representing the expected future cost of sales, was ¥3,067.958 million, compared with ¥4,475.951 million at the end of the same period of the previous fiscal year.」
The company continued to disclose the number of remaining development projects and the balance. The number of remaining projects was unchanged at 9 from the end of the same period of the previous fiscal year, while the balance decreased. - FY2024Decrease in development project balanceAnnual report
「The development project balance totaled ¥2,075.918 million, compared with ¥2,903.515 million in the same period of the previous fiscal year.」
The company continued to disclose the metric indicating expected future cost of sales under the development-and-sales scheme. The balance was 71.5% of the prior-year level. - FY2024-Q2AdvancedAnnual report
「As a result, the number of remaining development projects at the end of the second quarter of the current fiscal year was 9, and the development project balance, representing the expected future cost of sales, was ¥4,475.951 million, compared with ¥3,139.478 million in the same period of the previous fiscal year.」
The company continued to disclose the development project balance and number of remaining projects as progress metrics. The balance increased by ¥1,336.473 million from the same period of the previous fiscal year. - FY2024-Q1AdvancedAnnual report
「At the end of the first quarter of the current fiscal year, the number of remaining development projects was 7, and the development project balance, representing the expected future cost of sales, was ¥3,916.753 million, compared with ¥1,953.496 million in the same period of the previous fiscal year.」
The company continued to disclose the development project balance and number of remaining projects. The balance increased year on year. The metric indicating expected future cost of sales under the development-and-sales scheme is increasing. - FY2023AdvancedAnnual report
「The development project balance, representing the expected future cost of sales, totaled ¥2,903.515 million, up 169.7% year on year.」
The company continued to disclose the metric indicating expected future cost of sales for the development projects as a whole. The balance increased from ¥1,711.451 million in the same period of the previous fiscal year to ¥2,903.515 million. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter of the current fiscal year, the number of remaining development projects was 8, and the development project balance, representing the expected future cost of sales, was ¥4,504.548 million, compared with ¥2,183.285 million in the same period of the previous fiscal year.」
The development project balance increased from ¥2,183.285 million in the same period of the previous fiscal year to ¥4,504.548 million, and the number of remaining projects was 8. The metric indicating expected future cost of sales under the development-and-sales scheme is increasing. - FY2023-Q2AdvancedAnnual report
「As a result, the number of remaining development projects at the end of the second quarter of the current fiscal year was 8, and the development project balance, representing the expected future cost of sales, was ¥3,139.478 million, compared with ¥1,883.301 million in the same period of the previous fiscal year.」
The development project balance disclosed as a progress metric for the development-and-sales scheme increased from ¥1,883.301 million in the same period of the previous fiscal year to ¥3,139.478 million, and the number of remaining projects was 8. - FY2022-Q3AdvancedAnnual report
「The number of land acquisition contracts during the nine months ended the third quarter of the current fiscal year was 7. Estimated total development project value, representing the expected future cost of sales, was ¥2,183.284 million at the end of the third quarter.」
Estimated total development project value disclosed as a progress metric for the development-and-sales scheme as a whole increased from ¥1,883.301 million at the end of the second quarter to ¥2,183.284 million. - FY2022-Q2AdvancedAnnual report
「The status of the number of sales handovers, estimated total development project value and number of land acquisition contracts, metrics indicating development status during the six months ended the second quarter of the current fiscal year for the development-and-sales scheme, is shown in the table below.」
The company continued to disclose estimated total development project value. The number of projects increased from 3 totaling ¥403.381 million at the previous year-end to 9 totaling ¥1,883.301 million at the end of the second quarter. - FY2022-Q1AdvancedAnnual report
「Estimated total development project value at the end of the first quarter was ¥2,073.595 million, approximately 5 times the previous year-end figure.」
The company continued to disclose estimated total development project value. The number of projects increased from 3 at the previous year-end to 8, and the value increased from ¥403.381 million to ¥2,073.595 million. - FY2021Significant reduction in development project scaleAnnual report
「3 projects totaling ¥403.381 million at the end of the fiscal year ended November 2021; 5 projects totaling ¥2,155.974 million at the end of the fiscal year ended November 2020」
Estimated total development project value decreased from 5 projects totaling ¥2,155.974 million at the previous year-end to 3 projects totaling ¥403.381 million, representing 18.7% of the prior-year level by value. - FY2021-Q3Continued reduction in development project scaleAnnual report
「4 projects totaling ¥945.551 million at the end of the third quarter of the fiscal year ending November 2021 5 projects totaling ¥2,155.974 million at the end of the fiscal year ended November 2020」
Estimated total development project value decreased from 5 projects totaling ¥2,155.974 million at the previous year-end to 4 projects totaling ¥945.551 million. Meanwhile, the company resumed land acquisitions in August 2021. - FY2021-Q2Reduction in development project scaleAnnual report
「4 projects totaling ¥1,405.904 million at the end of the second quarter of the fiscal year ending November 2021 5 projects totaling ¥2,155.974 million at the end of the fiscal year ended November 2020」
Estimated total development project value decreased from 5 projects totaling ¥2,155.974 million at the previous year-end to 4 projects totaling ¥1,405.904 million. - FY2020AdvancedAnnual report
「5 projects totaling ¥2,155.974 million at the end of the fiscal year ended November 2020 5 projects totaling ¥1,690.762 million at the end of the fiscal year ended November 2019」
The number of projects included in estimated total development project value remained at 5, while the value increased from ¥1,690.762 million to ¥2,155.974 million, reaching 127.5% of the prior-year level. - FY2020-Q3AdvancedAnnual report
「6 projects totaling ¥2,461.045 million at the end of the third quarter of the fiscal year ending November 2020; 5 projects totaling ¥1,690.762 million at the end of the fiscal year ended November 2019」
The company continued to disclose estimated total development project value as a progress metric for the development-and-sales scheme as a whole. The number of projects increased from 5 to 6, and the value increased from ¥1,690.762 million to ¥2,461.045 million. - FY2020-Q2AdvancedAnnual report
「The development status during the six-month period of the second quarter under the development-and-sale scheme, an initiative involving the purchase of land and the development and sale of Fil-Park above-ground retail properties, is shown below through the expected total development project value and the number of land acquisition contracts.」
The company continued to disclose estimated total development project value, which increased from 5 projects totaling ¥1,690.762 million at the previous year-end to 6 projects totaling ¥2,412.290 million. - FY2020-Q1AdvancedAnnual report
「6 projects totaling ¥1,991.641 million at the end of the first quarter of the fiscal year ending November 2020; 5 projects totaling ¥1,690.762 million at the end of the fiscal year ended November 2019」
The company continued to disclose estimated total development project value. The number of projects increased from 5 to 6, and the value increased from ¥1,690.762 million to ¥1,991.641 million. - FY2019RestatedAnnual report
「Until now, the company had disclosed the development balance as a metric indicating progress under the development-and-sales scheme. Beginning in the previous fiscal year, however, it began disclosing estimated total development project value as a new metric. To clarify the metrics, disclosure of the development balance was omitted beginning in the current fiscal year.」
The company continued to disclose estimated total development project value, reporting 5 projects totaling ¥1,690.762 million at the end of the fiscal year ended November 2019. Disclosure of the development balance was omitted to clarify the metrics. - FY2019-Q3RestatedAnnual report
「The status of estimated total development project value and the development balance, metrics indicating development status and progress during the nine months ended the third quarter of the current fiscal year, for the development-and-sales scheme, an initiative covering the purchase of land and the development through sale of aerial retail facilities, Fill Parks, is shown in the table below.」
The company continued to disclose estimated total development project value and the development balance as progress metrics for the development-and-sales scheme. Estimated total development project value at the end of the third quarter was ¥1,454.042 million, and the development balance was ¥1,119.939 million. - FY2019-Q2RestatedAnnual report
「The status of estimated total development project value and the development balance, metrics indicating development status and progress during the six months ended the second quarter of the current fiscal year, for the development-and-sales scheme, an initiative covering the purchase of land and the development through sale of aerial retail facilities, Fill Parks, is shown in the table below.」
The company continued to disclose estimated total development project value and the development balance, introduced from the third quarter onward, as progress metrics for the development-and-sales scheme. Estimated total development project value at the end of the second quarter was ¥1,794.573 million, and the development balance was ¥1,150.007 million. - FY2019-Q1RestatedAnnual report
「Order backlog and estimated total development project value, which are key performance indicators, have continued to progress steadily, as shown below.」
The company continued to disclose order backlog and estimated total development project value as key performance indicators. Estimated total development project value at the end of the first quarter was ¥1,722.389 million, while the development balance was ¥1,200.022 million. - FY2018RestatedAnnual report
「Accordingly, beginning in the current fiscal year, the company decided to disclose the new metric described above, estimated total development project value, instead of development expenditures, to provide a more appropriate disclosure of the overall status of the development-and-sales scheme.」
The company continued to use estimated total development project value, introduced in the third quarter, in its annual disclosure. The year-end figure was ¥1,770.309 million. - FY2018-Q3First statedAnnual report
「Until now, the company disclosed development expenditures as a metric indicating the progress of the development-and-sales scheme. However, development expenditures provided information only on payments made to date for projects already in progress, leaving the scale of the projects as a whole unclear. Accordingly, beginning in the third quarter, the company changed the metric from development expenditures to the new metric described above, estimated total development project value, to provide a more appropriate disclosure of the overall status of the development-and-sales scheme.」
Beginning in the third quarter, the company introduced a new disclosure method using estimated total development project value, which represents the expected completion value of the projects as a whole, instead of development expenditures. Estimated total development project value at the end of the third quarter was ¥2,084.257 million.