Expansion of the Real Estate Rental Business through the Acquisition of Rental Apartment Buildings
First written in FY2019-Q2. 16 of 22 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-10-14.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「In the real estate leasing business, we continued to maintain high occupancy and secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. In addition, for certain stores, we compared their current earnings with the future cash flows expected after conversion to the real estate leasing business, and converted stores where we determined that such a conversion was more rational. … As a result, revenue was ¥516 million, up 51.7% from the same interim period of the previous year, and segment profit was ¥180 million, up 57.6%.」
Maintained high occupancy of owned properties and revenue from existing tenants while advancing the conversion of stores to real estate operations, generating revenue of ¥516 million and segment profit of ¥180 million in the real estate business. - FY2025AdvancedAnnual report
「In the real estate business, we maintained high occupancy by maintaining and enhancing the value of our properties and secured stable revenue from existing tenants. … Segment revenue was ¥690 million, up 5.4% from the previous fiscal year, and segment profit was ¥261 million, up 4.8%.」
Combined high occupancy of owned properties with new acquisitions and transfers, generating revenue of ¥690 million and segment profit of ¥261 million in the real estate business. - FY2025-H1AdvancedAnnual report
「In December 2024, we acquired an entire residential property in Toyonaka, Osaka, an area with a favorable real estate market, prospects for stable earnings and strong demand in the resale market.」
Acquired an entire residential property in Toyonaka, Osaka, adding an income-producing property to the real estate leasing business. The disclosed contract amount was ¥213.206 million. - FY2024AdvancedAnnual report
「As a result, segment revenue was ¥655 million, up 5.1% from the previous fiscal year, and segment profit was ¥249 million, up 19.4%.」
High occupancy of owned properties and stable revenue from existing tenants drove revenue in the real estate leasing business to ¥655 million and segment profit to ¥249 million. - FY2024-Q3AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. As a result, revenue was ¥492 million, up 4.7% year on year, and segment profit was ¥179 million, up 20.0%.」
Secured stable revenue from existing tenants by maintaining and enhancing the value of our properties, generating revenue of ¥492 million and segment profit of ¥179 million. - FY2024-Q2AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue and profit from existing tenants by maintaining and enhancing the value of our properties. As a result, revenue was ¥324 million, up 2.1% year on year, and segment profit was ¥139 million, up 8.0%.」
Secured stable revenue and profit from existing tenants by maintaining and enhancing the value of our properties, generating revenue of ¥324 million and segment profit of ¥139 million. - FY2024-Q1AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. As a result, revenue was ¥162 million, up 0.5% year on year, and segment profit was ¥67 million, up 2.1%.」
Secured stable revenue from existing tenants by maintaining and enhancing the value of our properties, generating revenue of ¥162 million and segment profit of ¥67 million. - FY2023Stable revenue maintained alongside lower profitAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. As a result, segment revenue was ¥623 million, down 0.0% from the previous fiscal year, and segment profit was ¥208 million, down 10.1%.」
Revenue of ¥623 million was secured by maintaining and enhancing the value of our properties, while segment profit declined to ¥208 million, partly due to utility costs and other factors. - FY2023-Q3AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. As a result, revenue was ¥470 million, up 0.3% year on year, and segment profit was ¥149 million, down 11.1%.」
Stable revenue from existing tenants was secured by maintaining and enhancing the value of our properties, bringing revenue in the real estate leasing business to ¥470 million. Segment profit, however, fell below the year-earlier level, partly due to utility costs and other factors. - FY2023-Q2AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. Revenue and gross profit increased, but segment profit declined due to higher utility costs and other factors. As a result, revenue was ¥317 million, up 1.9% year on year, and segment profit was ¥128 million, down 4.2%.」
Revenue from leasing increased to ¥317 million as the value of our properties was maintained and enhanced, while segment profit declined to ¥128 million due to higher utility costs. - FY2023-Q1AdvancedAnnual report
「In the real estate leasing business, we continued to secure stable revenue from existing tenants by maintaining and enhancing the value of our properties. Revenue, gross profit and segment profit all increased. As a result, revenue was ¥161 million, up 5.0% year on year, and segment profit was ¥66 million, up 6.4%.」
Secured revenue from existing tenants by maintaining and enhancing the value of our properties, generating revenue of ¥161 million and segment profit of ¥66 million in the real estate leasing business. - FY2022-Q3AdvancedAnnual report
「アクサス株式会社 1 domestic unlisted company 15 April 2022 Acquisition of land and buildings ¥76.900 million 15 April 2022」
Acquired land and a building for ¥76.9 million, adding an income-producing asset to the real estate leasing business. - FY2022-Q1AdvancedAnnual report
「Other Rental building Real estate leasing 874,493 866,612 Internal funds and borrowings September 2021 October 2021 2,674.06」
Acquired a rental building in Nada Ward, Kobe, adding a new income-producing property with an investment of ¥874 million and a floor area of 2,674.06㎡. - FY2021AdvancedAnnual report
「Description and location of asset Location: 18-1, 3-chome, Miyayama-cho, Nada-ku, Kobe, Hyogo Prefecture」「Acquisition cost ¥874 million」「22 September 2021 Property delivered」
In addition to existing rental apartments and rental buildings, the company planned and carried out the acquisition of a new rental building in Nada Ward, Kobe, advancing the expansion of its real estate leasing business. - FY2021-Q3The revised tenant retail store project was completedAnnual report
「Real estate leasing business Tenant retail store (Chuo-ku, Kobe) Real estate leasing 130,622 130,776 Internal funds December 2020 January 2021 －」
The project previously described as a tenant retail store combined with rental housing is listed in the current equipment schedule as a tenant retail store completed in January 2021. The rental housing component remains undisclosed. - FY2021-Q2SoftenedAnnual report
「Real estate leasing business Tenant retail store (Chuo-ku, Kobe) Real estate leasing 130,622 129,900 Internal funds December 2020 January 2021 －」
A project previously described as a tenant retail store combined with rental housing is listed as a tenant retail store in the current major equipment schedule. The investment amount and scheduled completion date have been updated, but the rental housing component is not included in the current description. - FY2021-Q1Added a new rental housing projectAnnual report
「Tenant retail store and leased residence (Chuo-ku, Kobe) Real estate leasing 130,440 － Internal funds December 2020 January 2021 －」
A plan was added to construct a tenant retail store and rental housing in Chuo Ward, Kobe, with a planned investment of ¥130.44 million, continuing the expansion plan for the real estate leasing business. - FY2020-Q2AdvancedAnnual report
「In the real estate leasing business, sales and operating profit were recorded from leasing tenants in a building in Chuo Ward, Kobe, acquired in July 2019 during the fourth quarter of the previous consolidated fiscal year, and from leasing tenants in a building in Chuo Ward, Kobe, acquired in September 2019 during the first quarter of the fiscal year under review. As a result, sales were ¥215 million, up 48.5% year on year, and segment profit was ¥91 million, up 112.8%.」
Supported by multiple leased buildings acquired in Chuo Ward, Kobe, the real estate leasing business recorded sales of ¥215 million and segment profit of ¥91 million during the first half of the fiscal year under review, both up from the same period of the previous fiscal year. - FY2019-Q3AchievedAnnual report
「Other Rental apartment building (Nada Ward, Kobe) Real estate leasing 395,557 391,613 Internal funds and borrowings February 2019 March 2019」
The acquisition of the rental apartment building in Nada Ward, Kobe, for ¥395.557 million was completed in March 2019, implementing the measure to expand the real estate leasing business. - FY2019-Q2First statedAnnual report
「Rental apartment building (Nada Ward, Kobe) Real estate leasing 393,621 38,500 Internal funds and borrowings February 2019 March 2019」
For the rental apartment building in Nada Ward, Kobe, the equipment plan states an investment amount of ¥393.621 million, an amount already paid of ¥38.5 million, commencement in February 2019 and completion scheduled for March 2019.