Komori
Zoa (3375) · InitiativeWorsenedLatest Earnings (2026-08-13): "Advanced"

Launch and focus on the real estate business

First written in FY2023-Q1. 7 of 15 entries say "Advanced", first in FY2023-Q2. Latest entry: 2026-08-13.

15entries
5years
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ProgressHeldSoftenedWorseAdvancedFY2023-Q2 – FY2023RestatedFY2024-Q3 – FY2024AdvancedFY2025-H1 – FY2025OtherFY2026-H1 – 2026-05-142022: 220222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Launch and prioritization of a new real estate businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-08-13AdvancedEarnings

    「Although no revenue had yet been recognized, negotiations for the sale of multiple projects were progressing, and the company indicated that sales were expected to expand by the end of the current fiscal year.」

    Although no revenue was recognized during the quarter, the company indicated that sales negotiations for multiple projects were progressing and that results substantially exceeding those of the previous fiscal year were expected.
  2. FY2026WorsenedAnnual report

    「In the real estate business, the number of properties sold decreased from 9 in the previous fiscal year to 4 in the current fiscal year. The company conducted its activities during the current fiscal year as a period for preparing and procuring properties for the next fiscal year, resulting in an increase in inventories of properties for sale from ¥14.865 million to ¥240.470 million.」

    While advancing the preparation and procurement of properties for the next fiscal year, the number of properties sold declined from 9 to 4, and inventories of properties for sale increased to ¥240.470 million. Revenue and profit in the real estate business also declined year on year.
  3. FY2026-H1Three closings but cumulative revenue declineAnnual report

    「In the real estate business, 3 transactions were closed during the interim accounting period. Although the cumulative total remained below the previous year's result, the figure for the second-quarter accounting period (July–September) was up 293.7% year on year.」

    3 transactions were closed during the interim accounting period, and the second-quarter accounting period was up 293.7% year on year, while cumulative real estate business revenue was down 49.2% year on year and remained below the previous year's result.
  4. FY2025AdvancedAnnual report

    「Revenue from the real estate business was ¥830.446 million, up 159.4% year on year, and segment profit was ¥164.812 million, up 153.1%. The number of properties sold in the real estate business surged from 5 in the previous fiscal year to 9 in the current fiscal year, nearly doubling.」

    The number of properties sold in the real estate business increased from 5 to 9, while revenue rose 159.4% year on year and segment profit rose 153.1%.
  5. FY2025-H1AdvancedAnnual report

    「Revenue from the real estate business was ¥495.998 million, up 93.3% year on year. In the real estate business, in addition to the closing of large transactions, active sales efforts proved effective, and revenue exceeded the level in the previous interim accounting period.」

    The closing of large transactions and active sales efforts drove real estate revenue up 93.3% year on year, exceeding the level in the previous interim accounting period.
  6. FY2024RestatedAnnual report

    「The real estate business entered its second year, and in addition to the increasing maturity of the business, the closing of large transactions resulted in revenue and gross profit both exceeding the levels in the previous fiscal year.」

    The real estate business was in an expansion phase in its second year, supported by the closing of large transactions, with revenue of ¥320.11 million and gross profit of ¥70.116 million, as also confirmed in the annual report.
  7. FY2024-Q3RestatedAnnual report

    「The real estate business entered its second year, and in addition to the increasing maturity of the business, the closing of large transactions resulted in revenue and gross profit both exceeding the levels in the cumulative third-quarter period of the previous fiscal year.」

    As the real estate business entered its second year, increasing business maturity and the closing of large transactions lifted revenue to ¥308.374 million and gross profit to ¥56.495 million, both above the previous year’s levels.
  8. FY2024-Q2AdvancedAnnual report

    「The real estate business entered its second year, and in addition to the increasing maturity of the business, the closing of large transactions resulted in revenue and gross profit both exceeding the levels in the cumulative second-quarter period of the previous fiscal year.」

    The real estate business entered its second year, and the closing of large transactions lifted revenue to ¥256.653 million and gross profit to ¥46.774 million, both above the previous year’s levels.
  9. FY2024-Q1Higher number of transactions but lower revenue due to low-value projectsAnnual report

    「Revenue from the real estate business was ¥48.599 million, down 37.3% year on year, while gross profit was ¥15.931 million, up 42.1%. Although the number of transactions in the real estate business increased from 1 in the cumulative first-quarter period of the previous fiscal year to 2, revenue declined because the transactions mainly involved low-priced properties such as condominium units.」

    The number of real estate transactions increased from 1 to 2, but revenue declined 37.3% year on year as transactions were concentrated in low-value projects. Gross profit, meanwhile, increased 42.1%.
  10. FY2023AdvancedAnnual report

    「In the real estate business, in addition to existing tenant income, the Company began initiatives to sell newly acquired properties after “value-added enhancement.” … Revenue from the real estate business was ¥238.268 million, up 797.8% year on year, and gross profit was ¥44.952 million, up 69.4%. Results from the newly launched real estate sales business were recorded from the current fiscal year, resulting in substantial increases in revenue and profit from the previous fiscal year.」

    The Company launched its real estate sales business and expanded into value-added sales in addition to existing rental income. Real estate revenue was ¥238.268 million, up 797.8% year on year, and the reported segments were changed to two segments, the retail business and the real estate business, reflecting the increased quantitative significance of the latter.
  11. FY2023-Q3AdvancedAnnual report

    「Revenue from the real estate business was ¥175.765 million, an increase of 811.6% year on year. The real estate transaction business was newly launched in the current fiscal year, while the real estate leasing business has continued, and their contribution to performance is increasing.」

    The newly launched real estate transaction business and ongoing real estate leasing business generated real estate revenue of ¥175.765 million, up 811.6% year on year, and the Company explains that their contribution to performance increased.
  12. FY2023-Q2AdvancedAnnual report

    「Revenue from the real estate business was ¥119.605 million, an increase of 895.1% year on year. Although the business was newly launched this fiscal year, it generated results at an early stage.」

    The real estate business launched in FY2023-Q1 generated revenue of ¥119.605 million, up 895.1% year on year, and the Company explains that it generated results at an early stage.
  13. FY2023-Q1First statedAnnual report

    「Revenue from the real estate business was ¥77.56 million, an increase of 1,246.5% year on year. The business was newly launched this fiscal year, and we intend to place greater focus on this area going forward.」

    The real estate business was newly launched this fiscal year and generated revenue of ¥77.56 million. The Company stated for the first time that it intends to place greater focus on the business going forward.
Moved together

"Prioritizing Profitability in Mail-Order Sales and Diversifying Sales Channels" moved the same way as this thread, in the same document, in 5 of its 15 moves.

554443★123456
  1. ★This thread
  2. 1Prioritizing Profitability in Mail-Order Sales and Diversifying Sales Channels5×
  3. 2Risk of selling properties held for sale due to stagnation in the real estate market5×
  4. 3Risk of Slow-Moving Inventory and Valuation Losses Due to Changes in Demand4×
  5. 4Improving Profitability Despite Lower Revenue4×
  6. 5Sharp decline in cash and cash equivalents4×
  7. 6Making Services & Support a Core Revenue Pillar3×

★ 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
No upcoming earnings preview for Zoa yet. It last moved in the Earnings of 2026-08-13: "Advanced".
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Launch and focus on the real estate business | ZOA CORPORATION (3375) | Komori