Reclassification of House Leaseback Properties from Fixed Assets to Properties Held for Sale
First written in FY2022-Q3. 7 of 9 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥541 million, land of ¥2,247 million, other tangible fixed assets of ¥1 million and other intangible fixed assets of ¥1 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with approximately ¥2,790 million in total transferred to real estate for sale. The shift toward asset classification based on securitization and sale is progressing. - 2026-05-13AdvancedEarnings
「During the nine-month period ended 31 March, of the income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥428 million and land of ¥1,311 million among property, plant and equipment, and ¥1 million in other intangible assets, were transferred to properties held for sale because their primary holding purpose was changed to sale.」
固定資産から販売用不動産への保有目的変更を継続し、土地1,311百万円等を振り替えた。 - FY2026-H1AdvancedAnnual report
「During the six months ended the second quarter, among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥428 million, land of ¥405 million, and other intangible fixed assets of ¥1 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with buildings and structures of ¥428 million, land of ¥405 million and intangible fixed assets of ¥1 million transferred. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥2,138 million, land of ¥1,549 million, other tangible fixed assets of ¥0 million and other intangible fixed assets of ¥0 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with buildings and structures of ¥2,138 million, land of ¥1,549 million and other assets, totaling ¥3,688 million, transferred. - FY2025-H1AdvancedAnnual report
「During the six months ended the second quarter, among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥2,031 million, land of ¥1,383 million and other tangible fixed assets of ¥0 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with buildings and structures of ¥2,031 million, land of ¥1,383 million and other assets transferred. - FY2024-Q3AdvancedAnnual report
「During the nine months ended the third quarter, among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥1,268 million, land of ¥4,639 million, other tangible fixed assets of ¥2 million, and other intangible fixed assets of ¥1 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with buildings and structures of ¥1,268 million, land of ¥4,639 million and other assets transferred. - FY2024-Q2AdvancedAnnual report
「Among income-producing properties and other assets recorded as fixed assets, buildings and structures of ¥1,029 million, land of ¥3,847 million, other tangible fixed assets of ¥0 million, and other intangible fixed assets of ¥1 million were transferred to real estate for sale because their primary holding purpose was changed to sale.」
The change in holding purpose from fixed assets to real estate for sale continued, with buildings and structures of ¥1,029 million, land of ¥3,847 million and other assets transferred. - FY2023-Q1AchievedAnnual report
「Accordingly, from the beginning of the first quarter of the current consolidated fiscal year, the holding purpose of House Leaseback properties and other assets previously recorded as fixed assets was changed from fixed assets to real estate for sale.」
The previously disclosed change in holding purpose was implemented from 1 July 2022. Buildings and structures of ¥2,446 million, land of ¥6,468 million, and other intangible fixed assets of ¥26 million were transferred to real estate for sale. - FY2022-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 18 April 2022, the company resolved to change the holding purpose of some properties held in connection with the House Leaseback business, mainly House Leaseback properties, from fixed assets to real estate for sale from the following consolidated fiscal year, the fiscal year ending June 2023.」
On 1 July 2022, the company first disclosed its policy of changing the classification of some House Leaseback properties and other assets from fixed assets to real estate for sale. It positioned proceeds from sales through securitization, which substantially exceed recurring rental income, as its primary source of revenue and described this as a change in its revenue structure and asset classification from the fiscal year ending June 2023.