Brokerage and management operations concentrated from January to March
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The number of customers in the second quarter increases to approximately 1.5 to 2 times the number in a normal month.」
The company continues to describe the seasonality of brokerage and property management operations being concentrated from January to March and the risk of performance being weighted toward the second quarter. - FY2024-Q1RestatedAnnual report
「In addition to the first quarter accounting period being the off-season for the real estate rental brokerage market based on the usual seasonal pattern, performance was generally in line with the plan because there were no spot sales, such as sales of real estate held for sale.」
The company reconfirms that the first quarter is the off-season for the real estate rental brokerage market and explains that performance was generally in line with the plan, including the absence of spot sales. - FY2023First statedAnnual report
「The number of customers in the second quarter increases to approximately 1.5 to 2 times the number in a normal month. In the property management business, another core business, work related to renovation on move-in and move-out and renewal-related administrative work, which is concentrated during this period, also increases by approximately 25% compared with a normal month.」
This indicates the risk that, during the busy season, the workload is 1.5 to 2 times that of a normal month, management-related work increases by approximately 25%, and approximately one-third of the annual number and value of contracts are concentrated in the second quarter.