Timely sale of investment properties
First written in FY2016-Q2. 15 of 36 entries say "Advanced", first in FY2017. Latest entry: 2026-10-09.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- 2026-10-09AdvancedEarnings presentation
「2026年11月期は当3Qまでに複数の物件売却を実行し、含み益を売却益として顕在化」
当第3四半期までに複数物件の売却を実行し、含み益を売却益として実現した。第4四半期も市況を見極めた追加売却を検討している。 - FY2026-H1AdvancedAnnual report
「In addition, we sold properties at the right time, when their value had been maximized, and used the resulting gains as funds to acquire new properties, thereby continuously expanding and growing the portfolio while also allocating funds to new growth investments. During the current interim consolidated accounting period, in contrast to the previous fiscal year, we actively acquired and sold properties from the beginning of the period and recognized gains on the sale of multiple properties.」
In line with the policy of selling properties when their value has been maximized, the company sold multiple properties during the interim period and recognized gains on the sales. - FY2025AdvancedAnnual report
「Accordingly, rather than making premature sales simply to smooth short-term profits between accounting periods, we will carefully identify the optimal buyer profile and timing and pursue sales at the maximum value we anticipate.」
The sale policy was articulated as avoiding premature sales to smooth short-term profits, identifying the buyer profile and timing, and selling at maximum value. Full-year results also included the sale of large, high-margin properties. - FY2025-H1RestatedAnnual report
「In addition, we sold properties at the right time, when their value had been maximized,」
The policy of selling properties when their value has been maximized was reaffirmed. - FY2024-Q2RestatedAnnual report
「In addition, we sold properties at the right time, when their value had been maximized, and used the resulting gains as funds to acquire new properties,」
The policy of selling properties when their value has been maximized was reaffirmed. The capital cycle of reinvesting sale proceeds in new acquisitions continues to be described. - FY2024-Q1RestatedAnnual report
「In addition, we sold properties at the right time, when their value had been maximized, and used the resulting gains as funds to acquire new properties,」
The policy of selling properties when their value has been maximized was reaffirmed. The explanation of the capital cycle of using sale proceeds for reinvestment was separated into a new thread. - FY2023-Q3AdvancedAnnual report
「In addition, from a portfolio rebalancing perspective, we sold several rental properties and generated substantial gains on the sales.」
The company demonstrated a track record of selling multiple properties to rebalance its portfolio and generating substantial gains on the sales. - FY2023-Q2AdvancedAnnual report
「The Company also sold multiple rental real estate properties to replace rental real estate portfolio holdings and generated a commensurate amount of gains on sales.」
The Company sold multiple rental real estate properties to replace portfolio holdings and demonstrated results generating a commensurate amount of gains on sales. - FY2023-Q1Lower revenue due to limited property salesAnnual report
「In the investment banking business, rental income increased as the rental real estate portfolio was built up, but because there were few property sales, revenue was ¥1,354 million, down 77.0% from the same quarter of the previous fiscal year, and operating profit was ¥325 million, down 77.6%.」
Although the portfolio was built up and rental income increased, limited property sales caused investment banking business revenue and operating profit to fall well below the same period of the previous fiscal year. - FY2022-Q3RestatedAnnual report
「The Company also sold multiple rental real estate properties and generated a commensurate amount of gains on sales to replace rental real estate portfolio holdings. However, the sales plan for the current consolidated fiscal year was conservative compared with the previous consolidated fiscal year, and both the amount of sales and gains on sales decreased in the third quarter of the current consolidated fiscal year to date compared with the same period of the previous fiscal year.」
While the Company sold multiple properties to replace portfolio holdings and generated a commensurate amount of gains, the conservative sales plan has resulted in the amount of sales and gains on sales remaining below the same period of the previous fiscal year. - FY2022-Q2Year-on-year decline in sales and gains on salesAnnual report
「The Company also sold multiple rental real estate properties and generated a commensurate amount of gains on sales to replace rental real estate portfolio holdings. However, the sales plan for the current consolidated fiscal year was conservative compared with the previous consolidated fiscal year, and both the amount of sales and gains on sales decreased in the second quarter of the current consolidated fiscal year to date compared with the same period of the previous fiscal year.」
While the Company sold multiple properties to replace portfolio holdings and generated a commensurate amount of gains, the annual plan was conservative, and the amount of sales and gains on sales for the cumulative period fell below the previous-year period. - FY2022-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year to date, the Group sold multiple rental real estate properties and generated a commensurate amount of sales revenue.」
Regarding sales to replace portfolio holdings, the Group sold multiple rental real estate properties and demonstrated results generating a commensurate amount of sales revenue. - FY2021-Q3RestatedAnnual report
「The Group is also pursuing the sale of some properties to replace portfolio holdings.」
Sales activity involving some properties to replace portfolio holdings is continuing. This disclosure does not provide new sales amounts or completed sales results. - FY2021-Q2AdvancedAnnual report
「The Group is expanding its rental real estate portfolio while also pursuing the sale of some properties to replace portfolio holdings. The amount of property sales and gains on sales both increased during the second quarter of the current consolidated fiscal year to date compared with the second quarter of the previous fiscal year to date, among other factors,」
Sales activity to replace portfolio holdings continued, and both the amount of sales and gains on sales increased from the same period of the previous fiscal year. - FY2021-Q1AdvancedAnnual report
「The Group is expanding its rental real estate portfolio while also pursuing the sale of some properties to replace portfolio holdings. Whereas there were no property sales during the first quarter of the previous consolidated fiscal year to date, the Group sold some properties during the first quarter of the current consolidated fiscal year to date, among other factors,」
The Group sold some properties during the first quarter of the current fiscal year to date, whereas there had been no property sales in the previous first quarter, demonstrating the portfolio-replacement initiative through actual results. - FY2020Lower sales and gains due to a longer execution periodAnnual report
「The Company also pursued the sale of some rental real estate properties to replace portfolio holdings, but the time required to execute transactions became longer than in the past, among other factors. As a result, both the amount of sales and gains on sales fell below the previous fiscal year.」
Sales activity to replace portfolio holdings continued, but the time required to execute transactions lengthened, and both the amount of sales and gains on sales fell below the previous fiscal year. - FY2020-Q3AdvancedAnnual report
「The Company also pursued the sale of some rental real estate properties to replace portfolio holdings.」
The sale of rental real estate to replace portfolio holdings was also demonstrated as having progressed during the third quarter, following the reference to limited sales in the second quarter. - FY2020-Q2Limited property sales continuedAnnual report
「The Group is expanding its rental real estate portfolio while also pursuing the sale of some rental real estate properties to replace portfolio holdings. However, there were few property sales during the second quarter of the current consolidated fiscal year to date,」
Sales activity to replace portfolio holdings continued, but property sales during the second quarter of the current fiscal year to date were limited. - FY2020-Q1No property sales in the first quarterAnnual report
「The Group is expanding its rental real estate portfolio while also pursuing the sale of some rental real estate properties to replace portfolio holdings. However, there were no property sales during the first quarter of the current consolidated fiscal year to date,」
Sales activity to replace portfolio holdings continued, but there were no property sales during the first quarter of the current consolidated fiscal year to date. - FY2019AdvancedAnnual report
「While expanding the rental real estate portfolio, the Company sold some rental real estate properties to replace portfolio holdings. It selected the properties for sale after considering their value-enhancement status and other factors. Although its sales plan for the current consolidated fiscal year was conservative, the Company achieved sales broadly in line with its initial expectations.」
The selection of properties after considering their value-enhancement status and the completion of sales in line with a conservative sales plan were demonstrated as full-year results. - FY2019-Q3Property sales concentrated in the fourth quarterAnnual report
「While expanding the rental real estate portfolio, the Company is also pursuing the sale of some rental real estate properties to replace portfolio holdings. It sold multiple properties and entered into purchase and sale agreements during the third quarter of the current consolidated fiscal year to date, but the sale of a considerable number of the properties expected to be sold during the current consolidated fiscal period, including those for which purchase and sale agreements have already been signed, is expected to take place in the fourth quarter.」
Although sales of multiple properties and the signing of agreements progressed, the sale of a considerable number of properties is expected to take place in the fourth quarter, and the delay in sale timing is continuing. - FY2019-Q2Property sale timing pushed backAnnual report
「While expanding the rental real estate portfolio, the Company is also pursuing the sale of some rental real estate properties to replace portfolio holdings. However, the sale of a considerable number of the properties expected to be sold during the current consolidated fiscal period, including properties for which purchase and sale agreements have already been signed, is expected to take place in the third quarter or later.」
Sales activity to replace portfolio holdings is continuing, but the sale of a considerable number of properties is expected to take place in the third quarter or later. - FY2019-Q1RestatedAnnual report
「The Company also sold some rental real estate properties with a view to replacing properties in the rental real estate portfolio.」
The sale of some properties to replace holdings in the rental real estate portfolio was reiterated. - FY2018-Q3RestatedAnnual report
「The Company also sold some rental real estate properties with a view to replacing properties in the rental real estate portfolio.」
The sale of some properties to replace holdings in the rental real estate portfolio was reiterated. - FY2018-Q2RestatedAnnual report
「The Company also sold some rental real estate properties with a view to replacing properties in the rental real estate portfolio.」
The sale of some properties to replace holdings in the rental real estate portfolio was reiterated. - FY2018-Q1RestatedAnnual report
「The Company also sold some rental real estate properties whose value enhancement had been completed, with a view to replacing properties in the rental real estate portfolio,」
The measure of selling properties whose value enhancement had been completed to replace portfolio holdings was reiterated. - FY2017AdvancedAnnual report
「The Company also sold some rental real estate properties whose value enhancement had been completed, with a view to replacing properties in the rental real estate portfolio.」
The sale of properties whose value enhancement had been completed and the replacement of properties in the portfolio were realized as full-year results. - FY2017-Q2RestatedAnnual report
「The Company also sold investment properties at opportune times.」
The Company’s policy of selling investment properties at opportune times was reiterated. - FY2017-Q1RestatedAnnual report
「The Company also sold investment properties at opportune times.」
The Company’s policy of selling investment properties at appropriate times was reiterated. - FY2016RestatedAnnual report
「The Company also sold investment properties at opportune times.」
The sale of investment properties at appropriate times was reiterated as a full-year result. - FY2016-Q3RestatedAnnual report
「The Company also sold investment properties at opportune times.」
The Company’s policy of selling investment properties at opportune times was reiterated. - FY2016-Q2First statedAnnual report
「The Company also sold investment properties at opportune times.」
The Company’s policy of selling investment properties at opportune times was indicated.