Komori
Abist (6087) · FactDecline in profit due to continued high occupancy and move-in/move-out costs

Real Estate Leasing Business Earnings

First written in FY2018-Q1. 5 of 26 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2025.

26entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY2019-Q1AdvancedFY2019-Q2 – FY2020-Q3OtherFY2021-Q1 – FY20252018: 420182019: 320192020: 320202021: 420212022: 420222023: 420232024: 220242025: 22025
Same theme, other companies
Stable Real Estate Rental Income and Performance FluctuationsA theme 16 companies write about · 3 as a headwind · 10 as a tailwind

7 other companies' latest entry also says "Other".

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 16 companies compared. The sentences above are computed from all 16.
Full recordFilings, disclosures and news, newest first
  1. FY2025Decline in profit due to continued high occupancy and move-in/move-out costsAnnual report

    「Rental properties continued to operate at high occupancy, but segment profit declined due to payments of outsourcing fees associated with tenant move-ins and move-outs during the fiscal year, among other factors.」

    The real estate leasing business maintained high occupancy, but operating profit declined 18.3% year on year due to outsourcing fees associated with tenant move-ins and move-outs, among other factors.
  2. FY2025-H1Maintained high occupancy, but lower revenue and profitAnnual report

    「In this segment, rental properties continued to maintain high occupancy. Revenue was ¥30 million, down 0.6% year on year, segment profit (operating profit) was ¥12 million, down 1.2% year on year, and the segment profit (operating profit) margin was 42.9%.」

    In the real estate leasing business, high occupancy continued, but revenue declined 0.6% year on year and operating profit declined 1.2%.
  3. FY2024-Q2Increase in profit due to high occupancy and expense controlAnnual report

    「In this segment, continued high occupancy of the rental properties, together with controlled utilities and other expenses, resulted in revenue of ¥30 million, unchanged year on year, segment profit (operating profit) of ¥13 million, up 16.0%, and a segment profit (operating profit) margin of 43.1%.」

    In the real estate leasing business, high occupancy and control of utilities and other expenses continued. Revenue was flat, while operating profit increased 16.0% year on year to ¥13 million.
  4. FY2024-Q1Improved profitability through expense controlAnnual report

    「In this segment, continued high occupancy of the rental properties, together with controlled utilities and other expenses, resulted in revenue of ¥15 million, segment profit (operating profit) of ¥6 million, and a segment profit (operating profit) margin of 43.1%.」

    In the real estate leasing business, high occupancy continued, and control of utilities and other expenses also contributed, resulting in first-quarter operating profit of ¥6 million and an operating profit margin of 43.1%.
  5. FY2023Full-year high occupancy, revenue and profit growthAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but higher utilities and other expenses resulted in revenue of ¥60 million, segment profit (operating profit) of ¥24 million, and a segment profit (operating profit) margin of 40.6%.」

    High occupancy continued in the real estate leasing business, resulting in full-year revenue of ¥60 million and operating profit of ¥24 million.
  6. FY2023-Q3RestatedAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but higher utilities and other expenses resulted in revenue of ¥45 million, segment profit (operating profit) of ¥18 million, and a segment profit (operating profit) margin of 39.7%.」

    In the real estate leasing business, rental properties continued to maintain high occupancy, while higher utilities and other expenses resulted in revenue of ¥45 million, operating profit of ¥18 million, and an operating profit margin of 39.7%.
  7. FY2023-Q2RestatedAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but higher utilities and other expenses resulted in revenue of ¥30 million, segment profit (operating profit) of ¥11 million, and a segment profit (operating profit) margin of 37.2%.」

    In the real estate leasing business, rental properties continued to maintain high occupancy, while higher utilities and other expenses resulted in revenue of ¥30 million, operating profit of ¥11 million, and an operating profit margin of 37.2%.
  8. FY2023-Q1Decline in profit due to continued high occupancy and higher utilities and other expensesAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but higher utilities and other expenses resulted in revenue of ¥15 million, up 4.6% year on year, segment profit (operating profit) of ¥5 million, down 8.6%, and a segment profit (operating profit) margin of 35.7%.」

    The real estate leasing business generated higher revenue due to high occupancy of the rental properties, but operating profit declined 8.6% year on year because of higher utilities and other expenses.
  9. FY2022RestatedAnnual report

    「The sale of income-producing real estate in the second quarter of the previous fiscal year resulted in revenue of ¥59 million, down 22.8% year on year, segment profit (operating profit) of ¥24 million, down 12.6%, and a segment profit (operating profit) margin of 41.6%.」

    The decline in revenue and profit in the real estate leasing business continued on a full-year basis due to the impact of the sale of income-producing real estate.
  10. FY2022-Q3Continued decline in revenue and profit due to the sale of income-producing real estateAnnual report

    「The sale of income-producing real estate in the second quarter of the previous fiscal year resulted in revenue of ¥44 million, down 29.2% year on year, segment profit (operating profit) of ¥19 million, down 18.7%, and a segment profit (operating profit) margin of 42.9%.」

    The impact of the sale of income-producing real estate continued, resulting in a year-on-year decline in both revenue and profit in the real estate leasing business.
  11. FY2022-Q2Continued decline in revenue and profit due to the sale of income-producing real estateAnnual report

    「In this segment, the sale of income-producing real estate in the second quarter of the previous fiscal year resulted in revenue of ¥29 million, down 37.1% year on year, segment profit (operating profit) of ¥12 million, down 20.6%, and a segment profit (operating profit) margin of 42.6%.」

    The impact of the sale of income-producing real estate in the second quarter of the previous fiscal year continued, resulting in a 37.1% decline in revenue and a 20.6% decline in operating profit in the real estate leasing business.
  12. FY2022-Q1Decline in revenue and increase in operating profit due to the sale of income-producing real estateAnnual report

    「In this segment, the sale of income-producing real estate in the second quarter of the previous fiscal year resulted in revenue of ¥14 million, down 37.6% year on year, segment profit (operating profit) of ¥5 million, up 179.0%, and a segment profit (operating profit) margin of 40.8%.」

    Revenue declined 37.6% due to the impact of the sale of income-producing real estate in the second quarter of the previous fiscal year, while operating profit increased 179.0% year on year.
  13. FY2021Full-year decline in revenue and profit due to the sale of income-producing real estateAnnual report

    「In this segment, the sale of income-producing real estate in Shibuya Ward resulted in revenue of ¥77 million, down 14.9% year on year, segment profit (operating profit) of ¥28 million, down 38.6%, and a segment profit (operating profit) margin of 36.7%.」

    The sale of income-producing real estate in Shibuya Ward resulted in a full-year decline in revenue and profit in the real estate leasing business.
  14. FY2021-Q3Decline in revenue and profit due to the sale of income-producing real estateAnnual report

    「In this segment, the sale of income-producing real estate in Shibuya Ward resulted in revenue of ¥62 million, down 8.0% year on year, segment profit (operating profit) of ¥23 million, down 31.9%, and a segment profit (operating profit) margin of 37.3%.」

    Following the sale of income-producing real estate in Shibuya Ward, revenue in the real estate leasing business declined 8.0% year on year and segment profit declined 31.9%.
  15. FY2021-Q2Decline in profit due to continued high occupancy and acquisition tax burdenAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but payment of real estate acquisition tax on rental properties in Mitaka during the cumulative consolidated period of the first quarter resulted in revenue of ¥46 million, up 2.4% year on year, segment profit (operating profit) of ¥15 million, down 27.9%, and a segment profit (operating profit) margin of 33.7%.」

    Revenue increased due to high occupancy of the rental properties, while operating profit declined 27.9% year on year because of the payment of real estate acquisition tax on the Mitaka rental properties.
  16. FY2021-Q1Decline in profit due to continued high occupancy and real estate acquisition tax burdenAnnual report

    「In this segment, rental properties continued to maintain high occupancy, but payment of real estate acquisition tax on rental properties in Mitaka resulted in revenue of ¥23 million, up 2.9% year on year, segment profit (operating profit) of ¥2 million, down 81.1%, and a segment profit (operating profit) margin of 9.1%.」

    Revenue increased due to high occupancy of the rental properties, but operating profit declined 81.1% year on year because of the payment of real estate acquisition tax on the Mitaka rental properties.
  17. FY2020-Q3AdvancedAnnual report

    「In this segment, the launch of newly acquired real estate for the new business from the previous consolidated fiscal year resulted in revenue of ¥68 million, up 77.7% year on year, segment profit (operating profit) of ¥34 million, up 99.6%, and a segment profit (operating profit) margin of 50.5%.」

    Supported by the operation of newly acquired real estate for the new business, revenue in the real estate leasing business increased 77.7% year on year and segment profit increased 99.6%.
  18. FY2020-Q2AdvancedAnnual report

    「In this segment, the launch of newly acquired real estate for the new business from the previous consolidated fiscal year resulted in revenue of ¥45 million, up 175.4% year on year, segment profit (operating profit) of ¥21 million, up 310.0%, and a segment profit (operating profit) margin of 47.9%.」

    Supported by the operation of newly acquired real estate for the new business, revenue in the real estate leasing business increased 175.4% year on year and segment profit increased 310.0%.
  19. FY2020-Q1AdvancedAnnual report

    「④ Real estate leasing business In this segment, the launch of newly acquired real estate for the new business from the previous consolidated fiscal year resulted in revenue of ¥22 million, up 169.7% year on year, segment profit (operating profit) of ¥11 million, up 84.7%, and a segment profit (operating profit) margin of 49.8%.」

    Revenue and segment profit in the real estate leasing business exceeded the year-earlier period, supported by the operation of newly acquired real estate for the new business.
  20. FY2019-Q3AdvancedAnnual report

    「In this segment, the launch of newly acquired real estate for the new business resulted in revenue of ¥38 million, up 61.6% year on year, segment profit (operating profit) of ¥17 million, up 15.2%, and a segment profit (operating profit) margin of 45.0%.」

    New real estate for the new business began operations, and revenue and segment profit in the real estate leasing business exceeded the year-earlier period.
  21. FY2019-Q2AdvancedAnnual report

    「Beginning in the consolidated accounting period of the second quarter, the company changed the presentation of the real estate leasing business, which had previously been included in Other, and began reporting it as a separate reporting segment because the acquisition of new rental properties increased the quantitative materiality of its assets.」

    The acquisition of new rental properties increased the quantitative materiality of the assets, and the real estate leasing business reached the stage of being presented as a separate reporting segment.
  22. FY2019-Q1Revenue and operating profit both increasedAnnual report

    「In the real estate leasing business, revenue was ¥8 million, up 5.6% year on year, segment profit (operating profit) was ¥6 million, up 24.9%, and the segment profit (operating profit) margin was 72.8%.」

    Revenue and operating profit in the real estate leasing business both increased year on year. The operating profit margin was 72.8%.
  23. FY2018Full-year revenue increased and operating profit declinedAnnual report

    「In the real estate leasing business, revenue was ¥31 million, up 2.8% year on year, segment profit (operating profit) was ¥20 million, down 0.7%, and the segment profit (operating profit) margin was 65.6%.」

    Full-year revenue in the real estate leasing business increased, while operating profit and the operating profit margin declined.
  24. FY2018-Q3Revenue growth and decline in operating profitAnnual report

    「In the real estate leasing business, revenue was ¥23 million, up 2.4% year on year, segment profit (operating profit) was ¥14 million, down 5.2%, and the segment profit (operating profit) margin was 63.1%.」

    Revenue in the real estate leasing business increased year on year, while segment profit and the operating profit margin declined.
  25. FY2018-Q2Revenue growth and decline in operating profitAnnual report

    「In the real estate leasing business, revenue was ¥15 million, up 2.2% year on year, segment profit (operating profit) was ¥9 million, down 10.9%, and the segment profit (operating profit) margin was 58.7%.」

    Revenue in the real estate leasing business increased year on year, while segment profit and the operating profit margin declined.
  26. FY2018-Q1First statedAnnual report

    「In the real estate leasing business, revenue was ¥7 million, up 7.8% year on year, segment profit (operating profit) was ¥4 million, up 3.1%, and the segment profit (operating profit) margin was 61.5%.」

    As an Other segment, the company disclosed first-quarter revenue, operating profit and operating profit margin for the real estate leasing business.
Moved together

"Risk of deterioration in cost ratios and profit margins due to lower engineer utilization" moved the same way as this thread, in the same document, in 2 of its 26 moves.

2★1
  1. ★This thread
  2. 1Risk of deterioration in cost ratios and profit margins due to lower engineer utilization2×

★ 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
No upcoming earnings preview for Abist yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Real Estate Leasing Business Earnings | ABIST Co.,Ltd. (6087) | Komori