Expansion into the reuse, renovation and remodeling sectors
First written in FY2017. 13 of 35 entries say "Advanced", first in FY2018. Latest entry: 2026-08-06.
Forlife moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- 2026-08-06WorsenedEarnings
「As a result, net sales were ¥9,479 thousand, down 65.5% year on year, and the operating loss was ¥8,268 thousand, compared with an operating loss of ¥8,520 thousand in the same quarter of the previous year.」
Sales in other businesses declined, while an operating loss continued. - FY2026WorsenedAnnual report
「Sales for the fiscal year amounted to 1 property.」
Although the renovation business continued, sales amounted to 1 property, revenue was ¥40.991 million, down 63.7% year on year, and the operating loss was ¥28.209 million, resulting in a wider loss. - FY2026-H1Revenue down, losses widenedAnnual report
「In the Other segment, primarily through the Kyoto Housing Division, the Company renovates individually owned condominium units and sells them to general customers after enhancing their value.」
The Kyoto Housing Division continued renovation sales and also developed subdivision housing and custom-built homes. Meanwhile, revenue in the Other segment fell 62.6% year on year to ¥31.790 million, and the operating loss widened to ¥18.671 million. - FY2025Declining sales volume, a narrower loss, and challenges to full-scale commercialization are presented together.Annual report
「The Company will continue this renovation business in preparation for future business expansion, but expects that further accumulation of expertise will be necessary to commercialize it on a full scale. Sales for the fiscal year amounted to 3 properties.」
The Company indicated that it would continue the renovation business, while explaining that additional expertise must be accumulated for full-scale commercialization. Sales amounted to 3 properties, revenue fell 52.1% year on year, and the operating loss was ¥22.864 million. - FY2025-H1AdvancedAnnual report
「Revenue for the interim accounting period was ¥85.043 million, up 100.4% year on year, and the operating loss was ¥7.269 million, compared with an operating loss of ¥20.339 million in the same period of the previous year.」
The Other segment continued renovation sales in the Kyoto area and minor renovation work. Revenue increased 100.4% year on year, while the operating loss narrowed from ¥20.339 million to ¥7.269 million. - FY2024-Q3Revenue down, losses widenedAnnual report
「In the Other segment, the Company renovates existing condominiums in the Kyoto area and sells them to general customers after enhancing their value. The Other segment also includes minor renovation work on existing buildings. As a result, revenue was ¥68.872 million, down 78.1% year on year, and the operating loss was ¥32.832 million, compared with an operating loss of ¥14.565 million in the same quarter of the previous year.」
Although renovation sales and minor renovation work continued, revenue in the Other segment fell 78.1% and the operating loss widened from the same period of the previous year. - FY2024-Q2Resumption of renovation property sales and a narrower lossAnnual report
「In Other businesses, the company renovates pre-owned condominium units in the Kyoto area, enhancing their value before selling them to general customers. Other businesses also include small-scale renovation work on existing buildings. During the cumulative second quarter, revenue was ¥42.431 million, down 81.4% year on year, and the operating loss was ¥20.339 million, compared with an operating loss of ¥30.487 million in the same quarter of the previous year.」
The previous quarter consisted solely of small-scale renovation work, but during the current cumulative quarter, Other businesses delivered 1 property, compared with 4 in the same period of the previous year. Revenue fell substantially, while the operating loss narrowed from the same period of the previous year. - FY2024-Q1No renovation property sales and a narrower lossAnnual report
「During the cumulative first quarter, results consisted solely of small-scale renovation work. As a result, revenue was ¥2.579 million, down 97.9% year on year, and the operating loss was ¥11.936 million, compared with an operating loss of ¥24.691 million in the same quarter of the previous year.」
There were no sales of renovated properties during the quarter, and activity consisted solely of small-scale renovation work. Revenue fell substantially, while the operating loss narrowed from the same quarter of the previous year. - FY2023Lower sales volume and a narrower lossAnnual report
「During the fiscal year, sales totaled 6 units. Other businesses include small-scale renovation work on existing buildings in addition to the Kyoto-area renovation business.」
Sales in the Kyoto renovation business fell from 7 units in the previous year to 6. Meanwhile, the operating loss in Other businesses narrowed from ¥18.013 million to ¥15.508 million. - FY2023-Q3Higher sales volume and a wider lossAnnual report
「During the cumulative third quarter, sales totaled 5 units. As a result, revenue was ¥314.787 million, up 53.8% year on year, and the operating loss was ¥14.565 million, compared with an operating loss of ¥11.514 million in the same quarter of the previous year.」
Sales of renovated properties in the Kyoto area increased from 4 units in the same quarter of the previous year to 5, and revenue also increased, while the operating loss widened. - FY2023-Q2Flat sales volume and a wider loss due to costs associated with launching a new businessAnnual report
「Sales of renovated properties during the cumulative second quarter totaled 4 units. Upfront costs were incurred during the period in connection with the launch of the new-build detached housing business in Kyoto. As a result, revenue was ¥227.818 million, up 12.2% year on year, and the operating loss was ¥30.487 million, compared with an operating loss of ¥1.066 million in the same quarter of the previous year.」
Sales of renovated properties were unchanged at 4 units from the same quarter of the previous year. Revenue increased, while the operating loss widened due in part to upfront costs associated with launching the new-build detached housing business in Kyoto. - FY2023-Q1Flat sales volume and a wider lossAnnual report
「Sales of renovated properties during the cumulative first quarter totaled 2 units. As a result, revenue was ¥120.777 million, up 32.5% year on year, and the operating loss was ¥24.691 million, compared with an operating loss of ¥2.789 million in the same quarter of the previous year.」
Sales of renovated properties were unchanged at 2 units from the same quarter of the previous year. Revenue increased, while the operating loss widened from the same quarter of the previous year. - FY2022Lower sales volume and a return to the redAnnual report
「During the fiscal year, sales of renovated condominiums totaled 7 units. As a result, revenue was ¥408.039 million, up 16.2% year on year, and the operating loss was ¥18.013 million, compared with operating income of ¥2.668 million in the previous year.」
Sales of renovated condominiums fell from 8 units in the previous year to 7. Revenue increased, but results turned from operating income to an operating loss. - FY2022-Q3Updated to cumulative third-quarter results: flat sales volume and a wider lossAnnual report
「During the cumulative third quarter, sales totaled 4 units. As a result, revenue in Other businesses was ¥204.673 million, up 51.3%, and the operating loss was ¥11.514 million, compared with an operating loss of ¥10.055 million in the same quarter of the previous year.」
The Kyoto-area renovation business sold 4 units, with revenue up 51.3% year on year, while the operating loss widened from the same quarter of the previous year. - FY2022-Q2AdvancedAnnual report
「In Other businesses, the company sold 4 renovated condominium units in the Kyoto area. As a result, revenue was ¥203.052 million, up 52.3% from the same quarter of the previous year, and the operating loss was ¥1.066 million, compared with an operating loss of ¥2.804 million in the same quarter of the previous year.」
The company sold 4 renovated properties in the Kyoto area, with revenue up 52.3% year on year, while the operating loss narrowed from the previous year. - FY2022-Q1AdvancedAnnual report
「In Other businesses, the company sold 2 renovated condominium units in the Kyoto area. As a result, revenue was ¥91.145 million, up 85.1% from the same quarter of the previous year, and the operating loss was ¥2.789 million, compared with operating income of ¥1.010 million in the same quarter of the previous year.」
Sales of renovated properties in the Kyoto area totaled 2 units, and revenue increased 85.1% year on year. Operating results, however, turned from a profit to a loss. - FY2021AdvancedAnnual report
「During the fiscal year, sales of renovated condominiums totaled 8 units. Against the backdrop of the workforce expansion in the previous fiscal year and the continuing development of close relationships with local brokerage firms, we are steadily building a track record.」
Sales in the Kyoto renovation business increased to 8 units, generating revenue of ¥351.171 million and operating income of ¥2.668 million. The business turned profitable from an operating loss in the previous year. In-house construction and separate ordering also continued. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, we sold 3 properties. We will continue to steadily expand the business by promoting product planning that captures changes in social structures and needs. In addition, as a new initiative from the previous fiscal year, we have continued carrying out construction in-house in Kyoto and placing orders separately.」
The Kyoto renovation business sold 3 properties and continues to pursue product planning that captures changes in social structures and needs, as well as in-house construction and separate ordering. - FY2021-Q2AdvancedAnnual report
「During the cumulative second quarter, we sold 3 properties. We will continue to steadily expand the business by promoting product planning that captures changes in social structures and needs. In addition, as a new initiative from the previous fiscal year, we have continued carrying out construction in-house in Kyoto and placing orders separately.」
The Kyoto renovation business sold 3 properties and continues to pursue product planning that responds to changes in social structures and needs, as well as in-house construction and separate ordering. - FY2021-Q1AdvancedAnnual report
「In Other businesses, the company sold 1 renovated condominium unit in the Kyoto area. As a result, revenue was ¥49.237 million, up 125.3% from the same quarter of the previous year, and operating income was ¥1.010 million, down 20.8%.」
The company sold 1 renovated property in the Kyoto area, resulting in a 125.3% year-on-year increase in revenue. It remained profitable, although operating income declined from the previous year. - FY2020AdvancedAnnual report
「We strengthened our Kyoto workforce and changed to a team-based sales structure from the current fiscal year, creating an organization capable of targeting revenue of ¥500 million.」
In the Kyoto renovation business, the company strengthened its workforce and changed to team-based sales, describing a structure capable of targeting annual revenue of ¥500 million. It also began carrying out construction in-house and arranging financing for each project. - FY2020-Q3RaisedAnnual report
「We had previously aimed for annual revenue of ¥300 million, but have expanded our organization to one capable of targeting annual revenue of ¥500 million.」
For the Kyoto housing renewal business, the numerical target has been raised from annual revenue of ¥300 million to a structure capable of targeting annual revenue of ¥500 million. Measures including strengthening the workforce, sourcing properties in popular areas, individual procurement and separate ordering are also noted. - FY2020-Q2AdvancedAnnual report
「In Other businesses, the company sold 3 renovated condominium units in the Kyoto area. As a new initiative from the current fiscal year, it began carrying out construction in-house in Kyoto and placing orders separately.」
The company sold 3 renovated properties in the Kyoto area and, from the current fiscal year, began carrying out construction in-house and placing orders separately. - FY2020-Q1AdvancedAnnual report
「In Other businesses, the company sold 1 renovated condominium unit in the Kyoto area. The renovation business had achieved more than 90% progress in procurement on a sales-converted basis against the current fiscal year's sales target of ¥300 million.」
The company sold 1 renovated property in the Kyoto area, with procurement progress exceeding 90% against the current fiscal year's sales target of ¥300 million. - FY2019AdvancedAnnual report
「The company opened the Kyoto office in June 2017 with the aim of developing a condominium renovation business in the Kansai region. Revenue was ¥208.123 million, up 972.8% year on year, while the operating loss was ¥7.991 million, compared with a loss of ¥23.969 million in the previous year.」
The Kyoto-area renovation business sold 7 units, resulting in a substantial increase in revenue. Although an operating loss remained, it narrowed from the previous year. - FY2019-Q3Higher sales alongside the cost burden of entering a new businessAnnual report
「In Other businesses, sales of 5 renovated condominium units in the Kyoto area led to a substantial increase in revenue. However, persistently high acquisition costs associated with entering the renovation business and fixed-cost expenses reduced profit. Revenue was ¥124.347 million, compared with ¥7.266 million in the same quarter of the previous year, and the operating loss was ¥7.186 million, compared with an operating loss of ¥2.184 million in the same quarter of the previous year.」
Sales of 5 renovated properties in the Kyoto area increased revenue, but persistently high acquisition costs associated with entering the business and fixed-cost expenses resulted in an operating loss. - FY2019-Q2AdvancedAnnual report
「In Other businesses, sales of 5 renovated condominium units in the Kyoto area contributed to higher revenue and profit.」
The company sold 5 renovated properties in the Kyoto area, contributing to higher revenue and profit. - FY2019-Q1AdvancedAnnual report
「In Other businesses, sales of 3 renovated condominium units in the Kyoto area contributed to higher revenue and profit.」
The renovation business sold 3 units in the Kyoto area, contributing to higher revenue and profit. - FY2018AdvancedAnnual report
「In Other businesses, the company reported an operating loss due to higher upfront investment costs associated with launching the condominium renovation business. Going forward, it will strengthen sales of renovated condominium units in the Kyoto area, using the Kyoto office as its base, while continuing to develop remodeling services for existing housing.」
The pre-owned housing renovation business has progressed to the launch phase, involving actual upfront investment, and a policy of strengthening sales using the Kyoto office as a base has been indicated. Other businesses generated revenue of ¥19.399 million and an operating loss of ¥23.969 million. - FY2018-Q3RestatedAnnual report
「We also aimed to expand into the Kansai region and develop a business renovating pre-owned housing, and opened the Kyoto office in Kyoto, Kyoto Prefecture, in June 2017.」
The policy of expanding into the Kansai region and developing a pre-owned housing renovation business, along with the Kyoto office that has already been opened, is reiterated. - FY2018-Q2RestatedAnnual report
「We also aimed to expand into the Kansai region and develop a business renovating pre-owned housing, and opened the Kyoto office in Kyoto, Kyoto Prefecture, in June 2017.」
The policy of expanding into the Kansai region and developing a pre-owned housing renovation business is reiterated. - FY2018-Q1RestatedAnnual report
「With the aim of expanding into the Kansai region and developing a business renovating pre-owned housing, we opened the Kyoto office in Kyoto, Kyoto Prefecture, in June 2017.」
The policy of expanding into the Kansai region and developing a pre-owned housing renovation business continues to be indicated. The text describes the business as an objective, but does not state that the renovation business has begun or been completed. - FY2017First statedAnnual report
「To further expand our earnings base, we will diversify into renovation and remodeling of existing detached houses and condominiums in the resale housing market.」
The company has indicated a policy of diversifying into the resale market for existing detached houses and condominiums other than newly built detached houses.