Komori
First Brothers (3454) · TargetRestatedLatest Earnings presentation (2026-10-09): "Advanced"

Sourcing investment opportunities with the potential to generate sufficient investment returns

First written in FY2016-Q2. 28 of 37 entries say "Restated". Latest entry: 2026-10-09.

37entries
11years
7from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q2 – FY2022-Q3RestatedFY2024-Q1 – 2026-04-102016: 220162017: 320172018: 420182019: 220192020: 420202021: 420212022: 320222023: 320232024: 220242025: 120252026: 92026
Same theme, other companies
Building a Robust Rental Real Estate PortfolioA theme 22 companies write about · 0 as a headwind · 22 as a tailwind

The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.

13 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 22 companies compared. The sentences above are computed from all 22.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「In our investment banking business, we target small and midsize rental properties with a high volume of transactions. By investing nationwide, rather than only in the Tokyo metropolitan area, we selectively acquire high-quality real estate and secure portfolio yields.」

    The investment policy of selectively acquiring high-quality properties from small and mid-sized rental real estate nationwide and securing portfolio yields was reaffirmed.
  2. FY2025RestatedAnnual report

    「We currently target small and mid-sized rental real estate for investment. By targeting properties nationwide, rather than only in the Tokyo metropolitan area, we selectively acquire high-quality real estate and secure portfolio yields.」

    The policy of securing sufficient investment returns was reaffirmed through the management approach of selectively acquiring small and mid-sized rental real estate nationwide and securing portfolio yields.
  3. FY2025-H1RestatedAnnual report

    「We target small and mid-sized rental real estate with high transaction volumes for investment. By targeting properties nationwide, rather than only in the Tokyo metropolitan area, we selectively acquire high-quality real estate and secure portfolio yields.」

    The policy of selectively acquiring high-quality properties from small and mid-sized rental real estate nationwide and securing portfolio yields was reaffirmed.
  4. FY2024-Q2RestatedAnnual report

    「We target small and mid-sized rental real estate with high transaction volumes for investment. By targeting properties nationwide, rather than only in the Tokyo metropolitan area, we selectively acquire high-quality real estate and secure portfolio yields.」

    The policy of selectively acquiring small and mid-sized rental real estate nationwide and securing portfolio yields was reaffirmed with the same intent as in the previous quarter.
  5. FY2024-Q1RestatedAnnual report

    「In our investment banking business, we target small and midsize rental properties with a high volume of transactions. By investing nationwide, rather than only in the Tokyo metropolitan area, we selectively acquire high-quality real estate and secure portfolio yields.」

    The policy of securing sufficient investment returns was reaffirmed through the selective acquisition of high-quality rental real estate nationwide and the securing of portfolio yields.
  6. FY2023-Q3AdvancedAnnual report

    「We acquired high-quality rental real estate and implemented measures to improve profitability, while realizing unrealized gains by selling certain properties. At the end of the third quarter of the current consolidated fiscal year, the rental real estate portfolio had a book value of ¥69,975 million, up 7.4% from the end of the previous consolidated fiscal year.」

    The Group proceeded with acquiring high-quality rental real estate, improving profitability and selling certain properties. The portfolio was ¥69,975 million, up 7.4% from the end of the previous fiscal year.
  7. FY2023-Q2AdvancedAnnual report

    「Amid this business environment, our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to work on sourcing investment opportunities with the potential to generate sufficient investment returns, and implemented measures to increase rental income from its rental real estate holdings. As a result of these activities, the book value of our Group’s rental real estate portfolio was ¥65,530 million, up 0.6% from the end of the previous consolidated fiscal year.」

    The Group continued sourcing investment opportunities and implementing measures to increase rental income. The rental real estate portfolio had a book value of ¥65,530 million, up 0.6% from the end of the previous consolidated fiscal year.
  8. FY2023-Q1AdvancedAnnual report

    「Amid this business environment, in its real estate-related business, our Group leveraged its expertise in selecting real estate investment opportunities and its track record in enhancing their potential value to proceed with acquiring rental real estate with the potential to generate sufficient investment returns, and implemented measures to increase rental income from its rental real estate holdings. As a result of these activities, the book value of our Group’s rental real estate portfolio was ¥66,388 million, up 1.9% from the end of the previous consolidated fiscal year.」

    The Group continued acquiring rental real estate with the potential to generate sufficient investment returns and implementing measures to increase rental income. The rental real estate portfolio had a book value of ¥66,388 million, up 1.9% from the end of the previous consolidated fiscal year.
  9. FY2022-Q3RestatedAnnual report

    「Amid this business environment, our Group acquired investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns continues to be stated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  10. FY2022-Q2RestatedAnnual report

    「Amid this business environment, our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to work on sourcing investment opportunities with the potential to generate sufficient investment returns, and implemented measures to increase rental income from its rental real estate holdings.」

    The policy of sourcing investment opportunities with the potential to generate sufficient investment returns was reaffirmed together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  11. FY2022-Q1RestatedAnnual report

    「We proceeded with acquiring rental real estate with the potential to generate sufficient investment returns and implemented measures to increase rental income from our rental real estate holdings.」

    The policy of acquiring real estate with the potential to generate sufficient investment returns continues, with rental real estate specified as the target. New acquisitions are expected to take place from the second quarter onward.
  12. FY2021-Q3RestatedAnnual report

    「Amid this business environment, our Group acquired investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns was reaffirmed together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  13. FY2021-Q2RestatedAnnual report

    「Amid this business environment, our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to acquire investment opportunities with the potential to generate sufficient investment returns, and implemented measures to increase rental income from its rental real estate holdings.」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns is reiterated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  14. FY2021-Q1RestatedAnnual report

    「Amid this business environment, our Group acquired investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns is reiterated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  15. FY2020RestatedAnnual report

    「Amid this business environment, our Group acquired investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns is reaffirmed for the full fiscal year with the same intent as before.
  16. FY2020-Q3RestatedAnnual report

    「Amid this business environment, our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to acquire investment opportunities with the potential to generate sufficient investment returns, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns is reaffirmed together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  17. FY2020-Q2RestatedAnnual report

    「Amid this business environment, our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to acquire investment opportunities with the potential to generate sufficient investment returns, and」

    The policy of acquiring opportunities with the potential to generate sufficient investment returns by leveraging its expertise in selecting opportunities and its track record in enhancing their value is reiterated.
  18. FY2020-Q1RestatedAnnual report

    「Our Group leveraged its expertise in selecting and its track record in enhancing the value of real estate investment opportunities to acquire investment opportunities with the potential to generate sufficient investment returns, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns by leveraging its expertise in selecting opportunities and its track record in enhancing their value was reiterated.
  19. FY2019RestatedAnnual report

    「Amid this business environment, our Group acquired investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of acquiring investment opportunities with the potential to generate sufficient investment returns is reaffirmed for the full fiscal year together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  20. FY2019-Q3RestatedAnnual report

    「We acquire investment opportunities with the potential to generate sufficient investment returns while pursuing external growth,」

    The goal of acquiring opportunities with the potential to generate sufficient investment returns is reiterated as a means of external growth.
  21. FY2019-Q1RestatedAnnual report

    「Amid this business environment, our Group proceeded with acquiring investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, enhanced the value of its rental real estate holdings, and worked to increase stable revenue (rental income).」

    The policy of proceeding with acquisitions of investment opportunities with the potential to generate sufficient investment returns by leveraging its expertise in selecting opportunities and its track record in enhancing their value is reiterated.
  22. FY2018-Q3RestatedAnnual report

    「Amid this business environment, our Group proceeded with acquiring investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and enhanced the value of its rental real estate holdings.」

    The goal of proceeding with acquisitions of investment opportunities with the potential to generate sufficient investment returns is reiterated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  23. FY2018-Q2RestatedAnnual report

    「Amid this business environment, our Group has proceeded with acquiring investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of proceeding with acquisitions of investment opportunities with the potential to generate sufficient investment returns is reiterated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  24. FY2018-Q1RestatedAnnual report

    「Amid this business environment, our Group has worked to source investment opportunities with the potential to generate sufficient investment returns while leveraging its expertise in selecting and its track record in enhancing the value of real estate investment opportunities, and」

    The policy of sourcing investment opportunities with the potential to generate sufficient investment returns is reiterated together with the use of its expertise in selecting opportunities and its track record in enhancing their value.
  25. FY2017RestatedAnnual report

    「Amid this business environment, our Group worked to source investment opportunities with the potential to generate sufficient investment returns by leveraging its experience in selecting and enhancing the value of real estate investment opportunities.」

    The policy of sourcing opportunities with the potential to generate sufficient investment returns is reaffirmed for the full fiscal year together with the use of its expertise in selecting opportunities and its experience in enhancing their value.
  26. FY2017-Q2RestatedAnnual report

    「Amid this business environment, our Group has enhanced the value of existing investment opportunities while leveraging its expertise in selecting investment opportunities and its track record in enhancing their value to proceed with acquiring investment opportunities with the potential to generate sufficient investment returns.」

    The policy of proceeding with acquisitions of investment opportunities with the potential to generate sufficient investment returns is reiterated with the same intent as before.
  27. FY2017-Q1RestatedAnnual report

    「We have proceeded with acquiring investment opportunities with the potential to generate sufficient investment returns.」

    The policy of proceeding with acquisitions of opportunities with the potential to generate sufficient investment returns is presented as carrying forward the previous objective of sourcing opportunities.
  28. FY2016RestatedAnnual report

    「We have worked to source investment opportunities with the potential to generate sufficient investment returns.」

    The goal of sourcing investment opportunities with the potential to generate sufficient investment returns is reiterated for the full fiscal year with the same intent.
  29. FY2016-Q3RestatedAnnual report

    「Amid this business environment, our Group has worked to enhance the value of existing investment opportunities while leveraging its expertise in selecting investment opportunities and its track record in enhancing their value to source investment opportunities with the potential to generate sufficient investment returns.」

    The goal of sourcing opportunities with the potential to generate sufficient investment returns is reiterated using the same wording as in the previous quarter.
  30. FY2016-Q2First statedAnnual report

    「We have worked to source investment opportunities with the potential to generate sufficient investment returns.」

    The goal of sourcing opportunities capable of generating investment returns is confirmed for the first time. No specific figures or deadlines are provided.
Moved together

"Enhancing the value of existing investment opportunities and leveraging our track record in selecting opportunities" moved the same way as this thread, in the same document, in 7 of its 37 moves.

755543★123456
  1. ★This thread
  2. 1Enhancing the value of existing investment opportunities and leveraging our track record in selecting opportunities7×
  3. 2Timely sale of investment properties5×
  4. 3Expanding Rental Income Through Proprietary Investment5×
  5. 4Early establishment of an earnings base less susceptible to real estate market conditions5×
  6. 5A business model for growing with local communities through coexistence with them4×
  7. 6Ongoing, stable dividends guided by DOE of 2.0%3×

★ 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 First Brothers yet. It last moved in the Earnings presentation of 2026-10-09: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Sourcing investment opportunities with the potential to generate sufficient investment returns | First Brothers Co.,Ltd. (3454) | Komori