Enhancing Asset Value Through Leasing and Renovation
First written in FY2016-Q3. 16 of 26 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「収益不動産事業につきましては、当社グループが顧客とする事業法人、富裕層が投資対象とする賃貸マンション、オフィスビル等に対する高い需要を背景として、業績は順調に推移しております。」
高い需要を背景に、収益不動産事業は増収増益となった。 - FY2023AdvancedAnnual report
「As a result, revenue was ¥184,710 million, up 19.9% from the previous consolidated fiscal year, and operating profit was ¥20,222 million, up 14.4%.」
In the business of acquiring, leasing and selling income-producing real estate after renovation, both revenue and operating profit exceeded the previous year. - FY2023-Q3AdvancedAnnual report
「In the income-producing real estate business, demand remained strong for rental condominiums, office buildings and other properties purchased as investments by business corporations and high-net-worth individuals, which are customers of our Group, amid the continuation of monetary easing policies. Sales therefore remained robust. As a result, revenue was ¥128,167 million, up 20.5% year on year, and operating profit was ¥15,186 million, up 18.1%.」
Sales of rental condominiums, office buildings and other properties to business corporations and high-net-worth individuals remained strong, with both revenue and operating profit exceeding the year-earlier period. - FY2023-Q1AdvancedAnnual report
「In the income-producing real estate business, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, remained strong due to continued monetary easing, and sales progressed smoothly. As a result, revenue was ¥44,477 million, up 9.0% year on year, and operating profit was ¥5,429 million, up 2.0%.」
Sales of income-producing real estate progressed smoothly, and results in the income-producing real estate business, including leasing and renovation, exceeded the year-earlier level. - FY2022-Q3AdvancedAnnual report
「In the income-producing real estate business, as financial institutions increasingly screened investors and properties, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, remained strong, and sales performed well. As a result, revenue was ¥106,403 million, up 24.7% year on year, and operating profit was ¥12,855 million, up 36.3%.」
Sales of rental condominiums, office buildings and other properties to operating companies and wealthy individuals performed well, increasing revenue and operating profit in the income-producing real estate business. - FY2022-Q1AdvancedAnnual report
「As a result, revenue was ¥40,816 million, up 65.8% year on year, and operating profit was ¥5,324 million, up 106.4%.」
Sales of rental condominiums, office buildings and other properties to operating companies and wealthy individuals grew, and both revenue and operating profit in the income-producing real estate business exceeded the year-earlier levels. - FY2021AdvancedAnnual report
「As a result, revenue was ¥122,718 million, up 9.4% from the previous consolidated fiscal year, and operating profit was ¥12,285 million, up 17.2%.」
Full-year revenue and operating profit increased in the business of acquiring income-producing real estate, enhancing it through leasing and renovation, and then selling it. - FY2021-Q3AdvancedAnnual report
「In the income-producing real estate business, as financial institutions increasingly screened investors and properties, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, remained strong, and sales progressed smoothly. As a result, revenue was ¥85,312 million, up 6.5% year on year, and operating profit was ¥9,431 million, up 11.7%.」
Even amid increased screening by financial institutions, sales of rental condominiums, office buildings and other properties progressed smoothly, resulting in higher revenue and profit. - FY2021-Q2AdvancedAnnual report
「In the income-producing real estate business, as financial institutions increasingly screened investors and properties, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, remained strong, and sales progressed smoothly. As a result, revenue was ¥55,563 million, up 1.0% year on year, and operating profit was ¥6,125 million, up 10.6%.」
Even amid increased screening by financial institutions, sales of income-producing real estate to operating companies and wealthy individuals progressed smoothly, resulting in higher revenue and profit. - FY2021-Q1Lower revenue and profitAnnual report
「As a result, revenue was ¥24,621 million, down 5.6% year on year, and operating profit was ¥2,579 million, down 32.6%.」
While demand from operating companies and wealthy individuals increased, both revenue and operating profit in the income-producing real estate business fell below the year-earlier levels. - FY2020Revenue Growth and Profit DeclineAnnual report
「As a result, revenue was ¥112,154 million, up 3.5% from the previous consolidated fiscal year, and operating profit was ¥10,485 million, down 8.7%.」
The income-producing real estate business posted higher full-year revenue, while operating profit declined 8.7%. - FY2020-Q3AdvancedAnnual report
「As a result, revenue was ¥80,128 million, up 7.1% year on year, and operating profit was ¥8,444 million, up 2.8%.」
Despite concerns over market deterioration associated with COVID-19 and increased screening by financial institutions, sales of income-producing real estate, including rental condominiums and office buildings, progressed smoothly, resulting in higher revenue and profit. - FY2020-Q2AdvancedAnnual report
「In the income-producing real estate business, as financial institutions increasingly screened investors and properties, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, remained strong, and sales progressed smoothly.」
Even amid increased screening by financial institutions, sales of rental condominiums, office buildings and other properties to operating companies and wealthy individuals progressed smoothly, resulting in revenue of ¥55,031 million and operating profit of ¥5,536 million. - FY2020-Q1AdvancedAnnual report
「In the income-producing real estate business, as financial institutions increasingly screened investors and properties, demand for rental condominiums, office buildings and other properties targeted by operating companies and wealthy individuals, the group’s customers, increased substantially, and sales grew sharply. As a result, revenue was ¥26,093 million, up 100.3% year on year, and operating profit was ¥3,825 million, up 317.7%.」
Sales of income-producing real estate, including rental condominiums and office buildings, grew substantially, with revenue up 100.3% year on year and operating profit up 317.7%. - FY2019Full-year growth in revenue and decline in profitAnnual report
「As a result, revenue was ¥108,353 million, up 0.9% from the previous consolidated fiscal year, and operating profit was ¥11,487 million, down 6.4%.」
The income-producing real estate business posted higher full-year revenue, while operating profit fell 6.4% year on year. - FY2019-Q3Above the year-earlier level from the second quarter onward, but cumulative revenue and profit declinedAnnual report
「Although results in the first quarter consolidated accounting period were below the year-earlier level because the number and average unit price of properties handed over declined, revenue from the second quarter consolidated accounting period onward exceeded the year-earlier level. As a result, revenue was ¥74,851 million, down 4.7% year on year, and operating profit was ¥8,217 million, down 14.5%.」
Revenue exceeded the year-earlier level from the second quarter accounting period onward, but cumulative revenue for the first 3 quarters fell 4.7% and operating profit fell 14.5%. - FY2019-Q2Cumulative revenue and profit declined, but quarterly results recoveredAnnual report
「Although results in the first quarter consolidated accounting period were below the year-earlier level because the number and average unit price of properties handed over declined, results in the second quarter consolidated accounting period exceeded the year-earlier level. As a result, revenue was ¥46,587 million, down 8.5% year on year, and operating profit was ¥4,908 million, down 21.4%.」
The income-producing real estate business exceeded the year-earlier level in the second quarter accounting period, but cumulative revenue fell 8.5% and operating profit fell 21.4%. - FY2019-Q1Deterioration in resultsAnnual report
「Although results for the first quarter of the current cumulative consolidated period were below the year-earlier level because the number and average unit price of properties handed over during the period declined, acquisitions and sales progressed as planned. As a result, revenue was ¥13,029 million, down 48.5% year on year, and operating profit was ¥915 million, down 75.5%.」
Acquisitions and sales progressed as planned, but revenue and operating profit fell below the year-earlier levels because the number and average unit price of handovers declined. - FY2018RestatedAnnual report
「Our group acquires income-producing real estate, primarily small office buildings and rental condominiums in the Tokyo metropolitan area, enhances their asset value through leasing and renovation, and then sells them as investment properties to wealthy individuals, operating companies and others.」
The company reiterates its business model of acquiring small income-producing properties, enhancing their value through leasing and renovation, and selling them. - FY2018-Q3AdvancedAnnual report
「In the income-producing real estate business, we steadily expanded the acquisition and sale of income-producing real estate, including used office buildings and rental condominiums, in Tokyo, Osaka and Nagoya. As a result, revenue was ¥78,550 million, up 15.8% year on year, and operating profit was ¥9,610 million, up 7.4%.」
We continued acquiring and selling income-producing real estate in Tokyo, Osaka and Nagoya, with revenue up 15.8% year on year and operating profit up 7.4%. - FY2018-Q2RestatedAnnual report
「In the income-producing real estate business, transactions in income-producing real estate, including used office buildings and rental condominiums, which are expected to generate steady income, remained at a high level against the backdrop of continued monetary easing. We steadily expanded acquisitions and sales. As a result, revenue was ¥50,889 million, up 0.9% year on year, and operating profit was ¥6,248 million, down 3.8%.」
We continued acquiring and selling used office buildings, rental condominiums and other properties. Revenue edged up, while operating profit fell 3.8% year on year. - FY2017AdvancedAnnual report
「In the income-producing real estate business, sales of income-producing real estate, including rental condominiums and used office buildings, grew substantially in Tokyo, Osaka and Nagoya. As a result, revenue was ¥88,448 million, up 21.5% from the previous consolidated fiscal year, and operating profit was ¥11,122 million, up 5.1%.」
Sales of income-producing real estate grew in Tokyo, Osaka and Nagoya, resulting in revenue of ¥88,448 million and operating profit of ¥11,122 million. - FY2017-Q3AdvancedAnnual report
「In the income-producing real estate business, we steadily expanded the acquisition and sale of income-producing real estate, including used office buildings and rental condominiums, in Tokyo, Osaka and Nagoya. As a result, revenue was ¥67,813 million, up 21.4% year on year, and operating profit was ¥8,947 million, up 4.0%.」
We continued acquiring and selling income-producing real estate in Tokyo, Osaka and Nagoya, with revenue up 21.4% year on year and operating profit up 4.0%. - FY2017-Q2AdvancedAnnual report
「In the income-producing real estate business, we steadily expanded the acquisition and sale of income-producing real estate, including used office buildings and rental condominiums, in Tokyo, Osaka and Nagoya. As a result, revenue was ¥50,437 million, up 31.1% year on year, and operating profit was ¥6,495 million, up 0.6%.」
We continued acquiring and selling used office buildings, rental condominiums and other properties in Tokyo, Osaka and Nagoya, with revenue up 31.1% year on year. - FY2017-Q1RestatedAnnual report
「We steadily advanced the acquisition and sale of income-producing real estate.」
We continue to operate our traditional business of acquiring and selling income-producing real estate. - FY2016-Q3First statedAnnual report
「Our group acquires income-producing real estate, primarily small office buildings and rental condominiums in the Tokyo metropolitan area, enhances their asset value through leasing and renovation, and then sells them as investment properties to wealthy individuals, operating companies and others.」
The company describes a securitisation model in which it acquires small income-producing properties, enhances their value through leasing and renovation, and sells them as investment properties.