Improving Real Estate Revenue Through Collaboration with Tenants
First written in FY2016. 11 of 33 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-11-10.
Sakura Rubber moved to the "Worse" side of this theme in 2017.
The whole theme swung hardest in 2024: 3 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026-H1Lower profit due to higher rental revenue and repair expensesAnnual report
「Rental income increased due to strong tenant revenue. On the profit side, profit declined because repair expenses increased from the same period of the previous fiscal year. As a result, net sales were ¥251 million, up 1.3% year on year, and segment profit (operating profit) was ¥59 million, down 4.0% year on year.」
Higher rental income from tenant revenue coexisted with lower profit due to higher repair expenses. - FY2025-H1WorsenedAnnual report
「Net sales have remained steady. On the profit side, profit declined from the same period of the previous fiscal year as administrative expenses, including personnel expenses, increased. As a result, net sales were ¥248 million, up 0.6% year on year, and segment profit (operating profit) was ¥61 million, down 14.3% year on year.」
The real estate leasing business maintained slight revenue growth, while segment profit declined 14.3% year on year due to higher administrative expenses, including personnel expenses. - FY2024WorsenedAnnual report
「Net sales declined slightly, partly due to the sale of rental properties during the previous fiscal year to make effective use of management resources and strengthen the financial base. On the profit side, profit declined due to higher maintenance costs for rental commercial facilities.」
The disclosure cites a slight decline in revenue from the sale of rental properties and lower profit due to higher maintenance costs for commercial facilities. - FY2024-Q3AdvancedAnnual report
「Net sales were ¥373 million, down 1.1% year on year, and segment profit (operating profit) was ¥100 million, up 1.9% year on year.」
Although the real estate leasing business posted a slight decline in revenue, segment profit increased 1.9% year on year due to lower depreciation expenses and other factors. - FY2024-Q2AdvancedAnnual report
「Net sales have remained steady. On the profit side, profit increased from the same period of the previous fiscal year, mainly due to lower depreciation expenses. As a result, net sales were ¥247 million, down 0.1% year on year, and segment profit (operating profit) was ¥72 million, up 7.4% year on year.」
Although the real estate leasing business posted a slight decline in revenue, segment profit increased 7.4% year on year due to lower depreciation expenses and other factors. - FY2024-Q1AdvancedAnnual report
「Net sales have remained steady. On the profit side, profit increased from the same period of the previous fiscal year, mainly due to lower depreciation expenses. As a result, net sales were ¥124 million, up 0.3% year on year, and segment profit (operating profit) was ¥34 million, up 13.8% year on year.」
The real estate leasing business posted 0.3% revenue growth and 13.8% profit growth year on year, mainly due to lower depreciation expenses. - FY2023RestatedAnnual report
「In the real estate leasing business, we will continue operating in a way that contributes to local communities by working with tenants at the commercial facilities that form the core of the business.」
The company has reaffirmed its operating policy of working with commercial-facility tenants. - FY2023-Q3WorsenedAnnual report
「Amid the COVID-19 environment, net sales have remained steady, but administrative costs increased on the profit side.」
The real estate leasing business posted a 0.4% year-on-year increase in revenue, while segment profit declined 5.6% due to higher administrative costs. - FY2023-Q2WorsenedAnnual report
「Although net sales have remained steady without any major impact from COVID-19, administrative costs increased on the profit side. As a result, net sales were ¥247 million, down 0.1% year on year, and segment profit (operating profit) was ¥67 million, down 9.3% year on year.」
The real estate leasing business largely maintained revenue without any major impact from COVID-19, but profit declined due to higher administrative costs. - FY2023-Q1WorsenedAnnual report
「Although net sales have remained steady without any major impact from COVID-19, administrative costs increased on the profit side. As a result, net sales were ¥123 million, up 0.4% year on year, and segment profit (operating profit) was ¥29 million, down 13.2% year on year.」
The real estate leasing business posted a slight increase in revenue, while segment profit declined 13.2% year on year due to higher administrative costs. - FY2022Higher revenue and lower profit alongside lower rentsAnnual report
「Although there were no commercial-facility closures or rent reductions related to the spread of COVID-19 in the current fiscal year, rents declined in some areas due to a pullback in stay-at-home demand. In commercial-facility operations, sales recovered through the resumption of regular events and other measures while implementing thorough infection-control measures, but profit declined as advertising and promotional expenses, which had been suspended during the COVID-19 pandemic in the previous fiscal year, resumed. As a result, net sales were ¥502 million, up 2.0% year on year, and segment profit (operating profit) was ¥132 million, down 2.4% year on year.」
Although there were no closures or rent reductions, some rents declined, and the resumption of events increased revenue, while the resumption of advertising and promotional expenses and other factors reduced profit. - FY2022-Q3Continued revenue and profit growth, lower rentsAnnual report
「As a result, net sales were ¥376 million, up 2.4% year on year, and segment profit (operating profit) was ¥104 million, up 8.4% year on year.」
Although the real estate leasing business posted higher revenue and profit year on year, the disclosure also cites the risk of lower rents in some areas due to a decline following the pullback in stay-at-home demand. - FY2022-Q1AdvancedAnnual report
「In the same period of the previous fiscal year, the company reduced rents for tenants because commercial facilities were closed following the spread of COVID-19, but there were no closures or rent reductions in the current fiscal year. As a result, net sales were ¥123 million, up 11.0% year on year, and segment profit (operating profit) was ¥34 million, up 47.2% year on year.」
With no rent reductions for tenants in the current fiscal year, unlike in the same period of the previous fiscal year, the real estate leasing business posted 11.0% revenue growth and 47.2% profit growth. - FY2021AdvancedAnnual report
「Although full-year contributions from properties added to the business as rental real estate during the previous fiscal year increased revenue, net sales declined due to rent reductions related to the closure of commercial facilities when the first state of emergency was declared in Tokyo and lower revenue from short-term events. On the profit side, profit increased because there were no large-scale repair projects. As a result, net sales were ¥492 million, down 0.4% year on year, and segment profit (operating profit) was ¥135 million, up 290.3% year on year.」
Although rent reductions and other factors resulted in a slight decline in revenue, segment profit improved significantly due to the absence of large-scale repair projects and other factors. - FY2021-Q3AdvancedAnnual report
「Although the rental properties added to the business from the third quarter of the previous fiscal year contributed to higher revenue, the company reduced rents for tenants that cooperated with requests to close commercial facilities as a measure against COVID-19. As a result, net sales were ¥367 million, down 1.0% year on year. On the profit side, lower repair expenses resulted in segment profit (operating profit) of ¥96 million, up 169.7% year on year.」
Although rent reductions resulted in a slight decline in revenue, lower repair expenses drove a 169.7% year-on-year increase in segment profit, indicating continued improvement in profitability. - FY2021-Q2Profit improvement despite rent reductionsAnnual report
「Although rental properties added to the business from the third quarter of the previous fiscal year contributed to higher sales, rent reductions were granted to tenants that cooperated with requests to suspend operations at commercial facilities in response to the coronavirus pandemic. As a result, sales were ¥236 million, down 2.7% year on year. In terms of profitability, repair expenses declined, and segment profit (operating profit) was ¥62 million, up 65.4% year on year.」
Sales declined due to rent reductions for tenants, while segment profit increased 65.4% year on year due to lower repair expenses. - FY2021-Q1WorsenedAnnual report
「Although rental properties added to the business from the third quarter of the previous fiscal year contributed to higher sales, rent reductions were granted to tenants that cooperated with requests to suspend operations at commercial facilities in response to the coronavirus pandemic. As a result, sales were ¥111 million, down 7.2% year on year, while segment profit (operating profit) was ¥23 million, down 14.2%.」
Although newly added rental properties contributed to higher sales, the real estate leasing business posted declines in both sales and profit due to rent reductions for tenants. - FY2020-Q3WorsenedAnnual report
「Sales were ¥371 million, up 1.9% year on year, while segment profit (operating profit) was ¥35 million, down 54.5%, partly due to higher repair expenses.」
The real estate leasing business posted a slight increase in sales, while segment profit declined 54.5% year on year due to higher repair expenses. - FY2020-Q2WorsenedAnnual report
「Sales were ¥243 million, up 1.3% year on year, while segment profit (operating profit) was ¥37 million, down 28.6%, partly due to higher repair expenses.」
The real estate leasing business posted a slight increase in sales, while segment profit declined 28.6% year on year due to higher repair expenses. - FY2020-Q1AdvancedAnnual report
「Sales were ¥119 million, up 1.3% year on year, while segment profit (operating profit) was ¥27 million, up 16.0%.」
The real estate leasing business posted 1.3% year-on-year growth in sales and 16.0% growth in profit, with profitability continuing to improve. - FY2019AdvancedAnnual report
「Although variable rental income declined, as in the previous period, parking-related revenue increased as a result of improvements to parking management methods following equipment upgrades.」
The disclosure states that improvements to parking management methods following equipment upgrades contributed to higher revenue. In the real estate leasing business, sales were ¥487 million, up 2.0% from the previous period, while segment profit was ¥104 million, up 3.2%. - FY2019-Q3AdvancedAnnual report
「Sales were ¥364 million, up 0.6% year on year, while segment profit (operating profit) was ¥78 million, up 0.3%.」
The real estate leasing business posted slight increases in both sales and profit, indicating measurable improvement in profitability after the declines in sales and profit through the previous period. - FY2019-Q2Continued earnings improvementAnnual report
「Sales were ¥239 million, up 0.2% year on year, while segment profit (operating profit) was ¥52 million, up 7.2%, due to lower repair expenses.」
The real estate leasing business posted a slight increase in sales, while segment profit increased 7.2% year on year due to lower repair expenses. - FY2019-Q1Quarterly earnings improvementAnnual report
「Sales were ¥118 million, down 0.7% year on year, while segment profit (operating profit) was ¥23 million, up 20.6%, due to lower repair expenses.」
The real estate leasing business saw a slight decline in sales, while segment profit increased 20.6% year on year due to lower repair expenses. - FY2018WorsenedAnnual report
「In the real estate leasing business, sales were ¥477 million, down 1.6% from the previous period, while segment profit (operating profit) was ¥100 million, down 13.6%, due to higher repair expenses.」
While sales promotion activities continued in collaboration with tenants, sales and profit declined due to lower variable rental income and higher repair expenses and insurance premiums. - FY2018-Q3RestatedAnnual report
「Sales were ¥362 million, down 1.5% year on year, while segment profit (operating profit) was ¥78 million, down 22.8%, due to higher repair expenses.」
The real estate leasing business saw both sales and segment profit fall below the same period of the previous year, with higher repair expenses contributing to the decline in profit. The same trend has continued from the previous quarter. - FY2018-Q2RestatedAnnual report
「Sales were ¥239 million, down 1.8% year on year, while segment profit (operating profit) was ¥49 million, down 26.5%, due to higher repair expenses.」
The real estate leasing business saw both sales and segment profit fall below the same period of the previous year, with higher repair expenses contributing to the decline in profit. The same trend has continued from the previous quarter. - FY2018-Q1WorsenedAnnual report
「Sales were ¥118 million, down 2.4% year on year, while segment profit (operating profit) was ¥19 million, down 42.9%, due to higher repair expenses.」
The real estate leasing business saw sales decline 2.4% year on year and segment profit decline 42.9%, with higher repair expenses contributing to the deterioration in profitability. - FY2016First statedAnnual report
「In the real estate leasing business, we will work with tenants to improve revenue.」
The real estate leasing business uses collaboration with tenants as a means of improving revenue.