Rehabilitating and reselling used properties by leveraging our ability to reduce vacancy rates
First written in FY2018. 33 of 34 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「During the interim consolidated accounting period, we sold 5 buildings, 3 subdivided office units, 3 condominium units and 1 residence. As a result, revenue for the interim consolidated accounting period was ¥8,568.107 million, up 79.3% year on year, and segment profit was ¥900.890 million, up 143.6%.」
We continued to purchase, renovate, lease and resell used properties, selling 12 properties during the interim consolidated accounting period. Both revenue and segment profit in the sales business exceeded the same period of the previous year. - 2026-09-30Advancedwww.nikkei.com
「アズ企画設計[3490]: Announcement materials released on 2026/9/30 15:30」
The completion of the sale of property for sale (beneficial interest in trust) was disclosed in a timely disclosure. - 2026-07-08AdvancedEarnings
「主に中古不動産を購入しリノベーションやリーシング(賃貸募集業務)を行い、付加価値を高めたうえで不動産投資家への販売を手掛けてまいりました。」
中古不動産の取得、リノベーション・リーシングによる再生販売を継続し、第1四半期にビル2棟、区分事務所2件、レジ1棟を売却した。 - FY2026AdvancedAnnual report
「Against this business backdrop, the Company and its group sold 26 properties in the core real estate sales business.」
The Company continued its model of acquiring used properties, improving profitability through leasing and renovations, and selling to investors, and sold 26 properties during the consolidated fiscal year. - FY2026-H1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the interim consolidated accounting period, the Company sold 2 residential properties, 2 buildings, 2 sectional office units and 1 sectional condominium unit. As a result, sales for the interim consolidated accounting period were ¥4,779,156 thousand, up 35.8% year on year, and segment profit was ¥369,876 thousand, up 110.3%.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 7 properties during the interim consolidated accounting period. Sales were ¥4,779,156 thousand and segment profit was ¥369,876 thousand, both exceeding the previous year. - FY2025AdvancedAnnual report
「Under these business conditions, the Group sold 27 properties in its core real estate sales business. It actively acquired a diverse range of property types, including entire apartment buildings, entire office buildings, sectional apartments and sectional offices and retail units. As a result, its inventory of properties for sale reached ¥7,930,579 thousand, above the level at the end of the previous consolidated fiscal year, providing substantial inventory for sales from the fiscal year ending February 2026 onward.」
The Company continued its model of acquiring used real estate, improving profitability through leasing and renovations, and selling to investors, and sold 27 properties during the period. Real estate held for sale totaled ¥7,930,579 thousand, increasing inventory for sales from the fiscal year ending February 2026 onward. - FY2025-H1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the interim consolidated accounting period, the Company sold 4 sectional condominium units, 3 residential properties, 2 sectional office units and 1 building.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold a total of 10 properties during the interim consolidated accounting period. Segment profit in the real estate sales business was ¥175,877 thousand. - FY2025-Q1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative first-quarter period, the Company sold 2 sectional condominium units and 1 residential property.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold a total of 3 properties during the cumulative first-quarter consolidated period. Sales in the real estate sales business were ¥490,876 thousand and the segment loss was ¥161,475 thousand. - FY2024AdvancedAnnual report
「Against this business backdrop, the Company and its group sold 23 properties in the core real estate sales business. Although the number of properties sold decreased by 1 from the previous fiscal year, the selling price per property increased, progress was made in pursuing larger properties as part of the sales strategy, and sales grew substantially.」
The Company continued its redevelopment and resale model through leasing and renovation of used properties and sold 23 properties. Although the number of properties sold declined, it made progress in pursuing larger properties and increasing the selling price per property. - FY2024-Q3AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative third-quarter period, the Company sold 4 residential properties, 1 retail property, 1 dormitory and 1 sectional condominium unit.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 7 properties during the cumulative third-quarter period. - FY2024-Q2AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative second-quarter period, the Company sold 4 residential properties and 1 retail property.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, selling a total of 5 properties during the cumulative second-quarter period. - FY2024-Q1AdvancedAnnual report
「During the cumulative first-quarter period, the Company made no sales, but focused on building inventory. The balance of real estate held for sale increased by ¥1,769,194 thousand from ¥3,335,889 thousand at the end of the previous fiscal year to ¥5,105,083 thousand, while the balance of real estate under development for sale increased by ¥43,000 thousand from ¥1,209,835 thousand to ¥1,252,835 thousand.」
Although there were no sales, the Company increased inventory for future sales, resulting in increases in both real estate held for sale and real estate under development for sale. - FY2023AdvancedAnnual report
「During the fiscal year, the Company sold 14 residential properties, 3 buildings, 2 residential properties with retail space, 2 warehouses, 2 sectional condominium units and 1 recreational facility.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 24 properties during the fiscal year. - FY2023-Q3AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative third-quarter period, some properties were settled in the fourth quarter, and the Company sold 6 residential properties, 2 sectional condominium units, 1 building, 1 warehouse and 1 recreational facility. As a result, sales for the cumulative third-quarter period were ¥3,730,272 thousand, up 22.9% year on year, and segment profit was ¥90,201 thousand, up 54.4%.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 11 properties during the cumulative third-quarter period. Sales increased 22.9% year on year and segment profit increased 54.4%. - FY2023-Q2AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative second-quarter period, the Company sold 1 residential property, 1 recreational facility and 1 sectional condominium unit.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 3 properties during the cumulative second-quarter period. - FY2023-Q1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative first-quarter period, the Company sold 1 sectional condominium unit.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 1 sectional condominium unit during the cumulative first-quarter period. - FY2022AdvancedAnnual report
「During the fiscal year, the Company sold 8 residential properties, 5 residential properties with retail space, 3 buildings, 2 detached houses and 1 sectional residential unit. As a result, sales for the fiscal year were ¥8,924,136 thousand, up 31.0% year on year, and segment profit was ¥646,334 thousand, up 95.2%.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 19 properties during the fiscal year. Both sales and segment profit in the real estate sales business exceeded the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative third-quarter period, some properties were settled in the fourth quarter, and the Company sold 7 residential properties, 2 residential properties with retail space and 1 building.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 10 properties, including residential properties, during the cumulative third-quarter period. - FY2022-Q2AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative second-quarter period, the Company sold 5 residential properties, 2 residential properties with retail space and 1 building. As a result, sales for the cumulative second-quarter period were ¥2,616,445 thousand, down 14.8% year on year, while segment profit was ¥165,964 thousand, up 24.5%.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, selling 8 properties, including residential properties, during the cumulative second-quarter period. Sales declined, while segment profit increased 24.5% year on year. - FY2022-Q1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative first-quarter period, the Company sold 4 residential properties.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 4 residential properties during the cumulative first-quarter period. - FY2021AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the fiscal year, the Company sold 8 residential properties, 4 buildings, 2 sectional retail and office units, 1 residential property with retail space and 1 development land parcel.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold a total of 16 properties during the fiscal year. Sales in the real estate sales business were ¥6,809,943 thousand and segment profit was ¥331,156 thousand. - FY2021-Q3AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their added value. During the cumulative third-quarter period, the Company sold 7 residential properties, 2 buildings, 1 residential property with retail space, 2 sectional retail and office units and 1 development land parcel. As a result, sales for the cumulative third-quarter period were ¥5,306,299 thousand, up 110.6% year on year, and segment profit was ¥283,134 thousand, compared with a segment loss of ¥6,445 thousand in the same period of the previous year.」
The Company continued its redevelopment and resale model of purchasing used properties, renovating them and leasing them, and sold 13 properties during the cumulative third-quarter period. The real estate sales business returned to a segment profit of ¥283,134 thousand from a segment loss in the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their value. During the cumulative second quarter, it sold 5 residential buildings, 1 building, 1 residential building with retail space, 2 sectional retail and office units, and 1 development site. As a result, sales were ¥3,069,268 thousand and segment profit was ¥133,253 thousand, compared with a segment loss in the same period of the previous year.」
The Company continued its rehabilitation-and-resale model involving the purchase, renovation and leasing of used properties, selling a total of 10 properties during the cumulative second quarter. Sales in the real estate sales business were ¥3,069,268 thousand and segment profit was ¥133,253 thousand, representing a turnaround from a segment loss in the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「In the real estate sales business, the Company has primarily purchased used properties, carried out renovations and leasing activities, including tenant recruitment, and sold the properties to real estate investors after enhancing their value. During the cumulative first quarter, it sold 1 residential building and 1 sectional retail unit.」
The Company continued its rehabilitation-and-resale model involving the purchase, renovation and leasing of used properties, selling 1 residential building and 1 sectional retail unit during the cumulative first quarter. - FY2020AdvancedAnnual report
「During the fiscal year, we sold 18 residential buildings, 7 residential buildings with retail space, 3 individual retail and office units and 2 hotels.」
The Company continued rehabilitating and reselling properties after acquiring, renovating and leasing used properties, selling a total of 30 properties during the fiscal year. - FY2020-Q3AdvancedAnnual report
「In our real estate sales business, we have primarily purchased used properties, carried out renovations and leasing activities (leasing and tenant recruitment), and sold the properties to real estate investors after increasing their value. During the cumulative third quarter, we sold 14 residential buildings, 5 residential buildings with retail space and 1 individual retail unit.」
The Company continued its rehabilitation and resale model based on acquiring used properties, renovating them and carrying out leasing activities, selling a total of 20 properties during the cumulative third quarter: 14 residential buildings, 5 residential buildings with retail space and 1 individual retail unit. - FY2020-Q2AdvancedAnnual report
「In our real estate sales business, we have primarily purchased used properties, carried out renovations and leasing activities (leasing and tenant recruitment), and sold the properties to real estate investors after increasing their value. During the cumulative second quarter, we sold 11 residential buildings, 4 residential buildings with retail space and 1 individual retail unit.」
The Company continued its rehabilitation and resale model based on acquiring used properties, renovating them and carrying out leasing activities, selling a total of 16 properties during the cumulative second quarter. - FY2020-Q1AdvancedAnnual report
「In our real estate sales business, we have primarily purchased used properties, carried out renovations and leasing activities (leasing and tenant recruitment), and sold the properties to real estate investors after increasing their value. During the cumulative first quarter, we sold 8 residential buildings and 1 residential building with retail space.」
The Company continued its rehabilitation and resale model based on acquiring used properties, renovating them and carrying out leasing activities, selling 8 residential buildings and 1 residential building with retail space, for a total of 9 buildings, during the cumulative first quarter. - FY2019AdvancedAnnual report
「During the fiscal year, we sold 11 residential buildings, 4 residential buildings with retail space, 2 individual retail units, 1 office building, 1 dormitory, 1 resort facility and 1 parcel of land.」
The Company continued its year-round rehabilitation and resale activities based on acquiring used properties, leasing and renovating them, selling a total of 21 properties during the fiscal year. - FY2019-Q2AdvancedAnnual report
「In our real estate sales business, we have primarily purchased used properties, carried out renovations and leasing activities (leasing and tenant recruitment), and sold the properties to real estate investors after increasing their value. During the cumulative second quarter, we sold 8 residential buildings, 3 residential buildings with retail space and 2 individual retail units.」
The Company continued its rehabilitation and resale model based on acquiring used properties, renovating them and carrying out leasing activities, selling a total of 13 properties during the cumulative second quarter. - FY2019-Q1AdvancedAnnual report
「In our real estate sales business, we have primarily purchased used properties, carried out renovations and leasing activities (leasing and tenant recruitment), and sold the properties to real estate investors after increasing their value. During the cumulative first quarter, we sold 5 residential buildings, 2 residential buildings with retail space and 1 individual retail unit.」
The Company continued its rehabilitation and resale model of acquiring used properties, renovating them and carrying out leasing activities during the first quarter, selling a total of 8 properties, including residential buildings. - FY2018First statedAnnual report
「Our greatest strength is our ability to reduce vacancy rates. Going forward, in our real estate sales business, we will further develop the business of using this capability to transform underperforming investment properties and resell them to real estate investors.」
The Company identifies its ability to reduce vacancy rates as its greatest strength and indicates that it will further develop the rehabilitation and resale of underperforming investment properties.