Komori
atect (4241) · InitiativeReframed

Conversion of surplus factory space into a real estate leasing business

First written in FY2022-Q3. 6 of 12 entries say "Advanced", first in FY2022. Latest entry: FY2026-H1.

12entries
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ProgressHeldSoftenedWorseAdvancedFY2022 – FY2024-Q3OtherFY2024 – FY20252022: 420222023: 320232024: 320242025: 22025
Same theme, other companies
Monetization through the rental use of owned real estateA theme 50 companies write about · 0 as a headwind · 50 as a tailwind

1 other company's latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1ReframedAnnual report

    「As the space has been used internally following the end of the agreement with the tenant for the Other Businesses segment (real estate leasing business) during the previous interim consolidated accounting period, the Other Businesses segment has been discontinued from the current interim consolidated accounting period.」

    As the space has been used internally following the end of the real estate leasing agreement, the Other Businesses segment was discontinued from the current interim consolidated accounting period.
  2. FY2025RestatedAnnual report

    「The leasing agreement with the tenant ended at the end of July 2024, and the space has since been used effectively within the company.」

    Following the end of the lease agreement for the surplus space, the company has continued using it effectively internally. Sales from other businesses for the current fiscal year were ¥11 million.
  3. FY2025-H1End of leasing agreement and consideration of internal useAnnual report

    「The agreement with the tenant for this business ended at the end of July 2024, and we are considering effective internal use of the space thereafter.」

    The real estate leasing business using surplus factory space ended its leasing agreement at the end of July 2024. The company is now considering effective internal use of the space after the agreement ended, rather than securing a new tenant.
  4. FY2024Expected end of leasing agreement and securing the next tenantAnnual report

    「As the agreement with the current tenant is expected to end in the next consolidated fiscal year, the fiscal year ending March 2025, we will secure a tenant for the space thereafter.」

    The real estate leasing business converted the expected annual income of ¥34 million into actual results, while the current lease agreement is expected to end in the fiscal year ending March 2025, making the securing of the next tenant an issue.
  5. FY2024-Q3AdvancedAnnual report

    「For this business, we expect income of ¥34 million for the consolidated fiscal year ending March 2024 and will continue pursuing it as a measure to recover rising raw material and energy costs. Demand is extremely strong due to the location, with access from the Meishin Expressway taking 1 minute, and the large site positioned midway between the Tokai and Kinki regions. We lease the site to major logistics and factory automation systems manufacturers and others. As a result, sales for the nine months ended the third quarter were ¥25 million and operating profit was ¥9 million, up 61.2% year on year.」

    The real estate leasing business using surplus factory space continued, recording sales of ¥25 million and operating profit of ¥9 million for the nine months ended the third quarter. It continues to be positioned as a measure to recover rising raw material and energy costs.
  6. FY2024-Q2AdvancedAnnual report

    「Real estate leasing business The business began as a real estate leasing business in December 2021. In the consolidated fiscal year ending March 2024, we will continue pursuing it as a measure to recover rising raw material and energy costs. As a result, sales for the six months ended the second quarter were ¥17 million and operating profit was ¥7 million, up 105.7% year on year.」

    The real estate leasing business using surplus factory space continued as a measure to recover rising raw material and energy costs, recording sales of ¥17 million and operating profit of ¥7 million for the six months ended the second quarter. Operating profit increased 105.7% year on year.
  7. FY2023AchievedAnnual report

    「As a result, sales for the consolidated fiscal year were ¥34 million, up 200.0% year on year, and operating profit was ¥6 million, up 126.3%.」

    The real estate leasing business using surplus factory space recorded the expected annual income of ¥34 million, resulting in operating profit of ¥6 million.
  8. FY2023-Q3AdvancedAnnual report

    「For this business, we expect income of ¥34 million for the consolidated fiscal year ending March 2023 and will continue pursuing it as a measure to recover rising raw material and energy costs. Demand is extremely strong due to the location, with access from the Meishin Expressway taking 1 minute, and the large site positioned midway between the Tokai and Kinki regions. We lease the site to major logistics and factory automation systems manufacturers and others. As a result, sales for the nine months ended the third quarter were ¥25 million, up 800.0% year on year, and operating profit was ¥5 million, up 435.7%.」

    The leasing business using surplus factory space continued, recording sales of ¥25 million and operating profit of ¥5 million for the nine months ended the third quarter. It continues to be positioned as a measure to recover rising raw material and energy costs.
  9. FY2023-Q2AdvancedAnnual report

    「For this business, we expect income of ¥34 million for the consolidated fiscal year ending March 2023 and will continue pursuing it as a measure to recover rising raw material costs. Demand is extremely strong due to the location, with access from the Meishin Expressway taking 1 minute, and the large site positioned midway between the Tokai and Kinki regions. We have begun leasing the site, initially under a 1-year contract, to a major logistics and factory automation systems manufacturer. As a result, sales for the six months ended the second quarter were ¥17 million and operating profit was ¥3 million.」

    The leasing business using surplus factory space continued under a 1-year contract with a major logistics and factory automation systems manufacturer, recording sales of ¥17 million and operating profit of ¥3 million for the six months ended the second quarter.
  10. FY2023-Q1AdvancedAnnual report

    「For the consolidated fiscal year ending March 2023, we expect income of ¥34 million from this business and will pursue it as a measure to recover rising raw material costs. Demand is extremely strong due to the location, with access from the Meishin Expressway taking 1 minute, and the large site positioned midway between the Tokai and Kinki regions. We have begun leasing the site, initially under a 1-year contract, to a major logistics and factory automation systems manufacturer.」

    The real estate leasing business using surplus factory space began leasing under a 1-year contract with a major logistics and factory automation systems manufacturer. Sales of ¥8 million were recorded during the current quarter, and the business is now expected to generate income of ¥34 million in the fiscal year ending March 2023.
  11. FY2022AdvancedAnnual report

    「As a result, we were able to create 1,500 tsubo of surplus space. From December 2021, we partitioned 1,000 tsubo of vacant space into a completely separate area and launched a real estate leasing business. We expect income of ¥34 million from this business next fiscal year and will pursue it as a measure to recover the rising cost of raw materials such as Petri dishes.」

    A real estate leasing business using 1,000 of the 1,500 tsubo of surplus space was launched in December 2021. Sales of ¥11 million were recorded for the current fiscal year, and the business is now expected to generate income of ¥34 million next fiscal year.
  12. FY2022-Q3First statedAnnual report

    「As a result, we were able to create 1,500 tsubo of surplus space. From December 2021, we partitioned 1,000 tsubo of vacant space into a completely separate area, launched a real estate leasing business and recorded sales of ¥2 million for December alone in the third quarter of the current fiscal year. We expect income of ¥34 million from this business next fiscal year and will pursue it as a measure to recover the rising cost of raw materials such as Petri dishes.」

    Of the surplus factory space created through productivity improvements, space-saving measures and quality reforms, 1,000 tsubo was partitioned off, and the real estate leasing business began in December 2021. Sales of ¥2 million were recorded in the first month, and income of ¥34 million is expected next fiscal year. The business is positioned as a measure to address rising raw material costs.
Moved together

"Expanding market revenue by strengthening new businesses and expanding globally" moved the same way as this thread, in the same document, in 7 of its 12 moves.

744333★123456
  1. ★This thread
  2. 1Expanding market revenue by strengthening new businesses and expanding globally7×
  3. 2PIM orders for high-performance components fell short of target due to the global decline in demand for semiconductor manufacturing equipment and machine tools4×
  4. 3Slowing growth as Japan's food hygiene industry enters a mature market phase4×
  5. 4Improving profitability through production transformation, labor saving and a 100% yield3×
  6. 5Qualitative shift toward clinical testing and higher profitability3×
  7. 6Concentration of R&D resources on the PIM business and development of new technologies and processes3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
atect's next results are scheduled for 2026-11-13. Read the earnings preview
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