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Realgate (5532) · InitiativeAdvanced

Conversion of Master-Leased Properties to Owned Assets and Acquisition of New Properties

First written in FY2023. 13 of 15 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-10-22.

15entries
4years
9from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023AdvancedFY2024-Q2 – 2026-10-222023: 12024: 220242025: 220252026: 102026
Same theme, other companies
Acquisition and Build-Up of Rental PropertiesA theme 44 companies write about · 1 as a headwind · 46 as a tailwind

22 other companies' latest entry also says "Advanced".

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 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「During the interim accounting period, settlement was completed for 4 newly purchased properties and contracts were signed for 2 master-lease properties, resulting in progress ahead of plan.」

    Settlement for the acquisition of 4 new properties and execution of contracts for 2 master-leased properties were completed. In addition, a sale and purchase agreement was signed on 6 April 2026 for the acquisition of a 15% quasi-co-ownership interest in the trust beneficiary interest in land and buildings in Ginza through a joint investment with HistoRy合同会社.
  2. FY2025AdvancedAnnual report

    「During the fiscal year, the Company acquired 7 new properties, comprising 3 owned properties, 3 master-leased properties and 1 property management property, and also acquired 2 properties that had been under master leases, steadily making upfront investments for continued growth from the next fiscal year onward.」

    In addition to acquiring new properties, progress was made in transitioning properties under master leases to Company-owned properties.
  3. FY2025-H1AdvancedAnnual report

    「In procurement activities during the second quarter, the number of owned properties increased through the acquisition of 2 properties under master leases, and we also secured 1 new master-lease property.」

    The Company transitioned 2 master-leased properties to owned properties and acquired 1 new master-leased property. This represents concrete progress in increasing owned properties and making new acquisitions.
  4. FY2024AdvancedAnnual report

    「The Company is actively leveraging bank financing supported by enhanced creditworthiness following CyberAgent’s acquisition of the Company as a subsidiary and its stock market listing, thereby strengthening the acquisition of new properties.」

    It states a policy of strengthening new property acquisitions through bank financing, leveraging enhanced creditworthiness following the Company becoming a subsidiary and going public. In the fiscal year ended September 2024, the Company acquired 3 properties for sale and Company-owned properties.
  5. FY2024-Q2AdvancedAnnual report

    「In addition, settlement of the acquisition of 2 new properties for sale progressed, and investment aimed at growth from the next fiscal year onward is also progressing steadily.」

    Regarding new property acquisitions, it describes concrete progress, including the completion of settlement for the acquisition of 2 properties for sale.
  6. FY2023First statedAnnual report

    「In addition, we are strengthening the acquisition of existing master-lease properties and the conversion of such properties to owned properties. Converting master-lease properties to owned properties eliminates rental costs and is expected to improve profit margins.」

    It describes an initiative combining the transition of master-leased properties to Company-owned properties with new property acquisitions, aimed at improving profit margins and maximizing asset value.
Moved together

"Combination of Flow-Based and Stock-Based Revenue" moved the same way as this thread, in the same document, in 9 of its 15 moves.

995553★123456
  1. ★This thread
  2. 1Combination of Flow-Based and Stock-Based Revenue9×
  3. 2Stepping Up Purchases of Older Properties9×
  4. 3Revitalizing Less Competitive Real Estate into Flexible Workplaces5×
  5. 4Gradual Recovery in Demand for Central Tokyo Offices5×
  6. 5Business alliance with HULIC; acquisition and redevelopment of existing real estate by the HistoRy joint venture5×
  7. 6Narrow-area dominant strategy centered on Shibuya, Minato and Meguro wards3×

★ 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
Realgate's next results are scheduled for 2026-10-27. Read the earnings preview It last moved in the M&A and Subsidiary Changes of 2026-10-22: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Conversion of Master-Leased Properties to Owned Assets and Acquisition of New Properties | REALGATE INC. (5532) | Komori