Strengthening and expanding the renovation business through 東急Re・デザイン
First written in FY2018-Q3. 4 of 11 entries say "Advanced", first in FY2018. Latest entry: FY2025-H1.
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- FY2025-H1Transfer of the detached-house renovation businessAnnual report
「In the Management Business, revenue declined owing in part to the transfer of the detached-house renovation business, which had been included in "Condominium Management," while revenue increased owing to the growth in managed properties in "Building Management."」
Regarding the development of the renovation business through 東急Re・デザイン and other entities, the transfer of the detached-house renovation business was identified as a factor behind the decline in revenue in the Management Business, indicating that the scope of the business is being reorganized. - FY2021-Q2Lower construction orders despite contributions from new propertiesAnnual report
「In building management, Shibuya Fukuras, Shibuya Solasta, Shibuya Scramble Square Phase I (East Tower), and Tokyo Portcity Takeshiba Office Tower, among others, contributed. However, revenue and profit declined owing to the reactionary decline in construction following the recording of large-scale building construction in the previous year, the reactionary decline in construction demand following the consumption-tax hike, and lower construction orders associated with the suspension of sales activities due to the spread of COVID-19.」
Although management operations for new large-scale properties contributed, revenue and profit in the Management Business declined owing to the reactionary decline in construction and lower construction orders resulting from the suspension of sales activities. - FY2021-Q1Suspension of construction and management operations due to the spread of infectionAnnual report
「In building management, Shibuya Fukuras, Shibuya Solasta, and Shibuya Scramble Square Phase I (East Tower), among others, contributed. However, revenue and profit declined owing to the partial suspension of condominium construction and management operations associated with the spread of COVID-19.」
In the Management Business, new properties contributed, but revenue and profit declined owing to the partial suspension of condominium construction and management operations associated with the spread of infection. - FY2020AdvancedAnnual report
「Management revenue increased owing to higher management revenue from condominiums, buildings and other properties at ㈱東急コミュニティー, while revenue and profit increased owing in part to higher completed construction revenue for condominiums and other properties following the start of operations in October 2017 by ㈱東急Ｒｅ・デザイン, which was established to strengthen and expand the renovation business.」
Following the start of operations by 東急Re・デザイン, higher completed construction revenue for condominiums and other properties contributed to higher revenue and profit in the Management Business. The transfer of the detached-house renovation and new-build construction contracting business to the Management Business is also progressing. - FY2020-Q3AdvancedAnnual report
「Management revenue increased owing to the expansion of the management portfolio of condominiums, buildings and other properties at ㈱東急コミュニティー, while higher construction revenue also contributed to higher revenue and profit. From the first quarter of the consolidated fiscal year, detached-house renovation work was changed from the Next-Generation and Related Businesses segment to the Management Business segment and is included under "Condominiums" in the revenue breakdown below.」
Following the change of detached-house renovation work to the Management Business segment, higher revenue and profit in the Management Business have continued owing to the expansion of the management portfolio and higher construction revenue. - FY2020-Q1Transfer of detached-house renovation work to the Management BusinessAnnual report
「From the first quarter of the current consolidated fiscal year, detached-house renovation work was changed from the Next-Generation and Related Businesses segment to the Management Business segment and is included under "Condominiums" in the revenue breakdown below.」
In connection with strengthening the renovation business through 東急Re・デザイン, detached-house renovation work was changed from the Next-Generation and Related Businesses segment to the Management Business segment. The business classification between segments has been changed. - FY2019RestatedAnnual report
「株式会社東急Ｒｅ・デザイン, established to strengthen and expand the renovation business, began operations in October 2017. Revenue and profit increased, owing in part to higher construction revenue from buildings and other properties.」
The integration of renovation functions and the start of operations by 東急Re・デザイン, as well as its contribution to construction revenue, continue to be disclosed. - FY2019-Q2AdvancedAnnual report
「Revenue and profit increased owing to the expansion of the management portfolio of condominiums, buildings and other properties at ㈱東急コミュニティー, as well as higher construction revenue following the start of operations in October 2017 by ㈱東急Ｒｅ・デザイン, which was established to strengthen and expand the renovation business.」
Higher construction revenue following the start of operations by 東急Re・デザイン contributed to higher revenue and profit in the Management Business. Unlike the previous quarter, when start-up costs reduced profit, the current quarter included a disclosed contribution to revenue and profit. - FY2019-Q1Temporary decline in profit due to start-up costsAnnual report
「Revenue increased owing to the expansion of the management portfolio of condominiums, buildings and other properties at ㈱東急コミュニティー, as well as higher construction revenue following the start of operations in October 2017 by ㈱東急Ｒｅ・デザイン, which was established to strengthen and expand the renovation business. However, profit declined owing in part to higher costs associated with the start of operations by ㈱東急Ｒｅ・デザイン.」
The start of operations by 東急Re・デザイン increased construction revenue, while higher costs associated with the launch reduced profit in the Management Business. - FY2018AdvancedAnnual report
「Some of the renovation functions of 株式会社東急コミュニティー and 株式会社東急ホームズ were integrated into 株式会社東急Re・デザイン, which was newly established as a subsidiary of 株式会社東急コミュニティー in October 2017 to strengthen and expand the renovation business. As a result, revenue was ¥160.9 billion, up 8.3% year on year, and operating profit was ¥8.2 billion, up 1.6%. Revenue and profit increased owing to higher management revenue from the expansion of the management portfolio, as well as the integration of the renovation business.」
The integration of renovation functions into 東急Re・デザイン was completed and contributed to higher revenue and profit in the Management Business, according to the company. - FY2018-Q3First statedAnnual report
「株式会社東急Ｒｅ・デザイン, established to strengthen and expand the renovation business, began operations in October 2017. Revenue and profit increased, owing in part to higher construction revenue from buildings and other properties.」
A new company was established to strengthen and expand the renovation business and began operations in October 2017. At the same time, a business reorganization was carried out in which part of the renovation business was changed from the Next-Generation and Related Businesses segment to the Management Business segment.