Rotation and Efficient Management of the Rental Property Portfolio
First written in FY2017. 23 of 34 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-09-16.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The main decreases during the consolidated fiscal year were attributable to depreciation and other expenses of ¥1,210.085 million and the sale of real estate in Chiba, Toyama and Yamaguchi prefectures totaling ¥9,629.485 million.」
While acquiring ¥19,098 million of rental real estate, the company sold real estate in Chiba, Toyama and Yamaguchi prefectures for ¥9,629 million, advancing portfolio management combining acquisitions and disposals. - FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, the sale of 1 commercial facility held as real estate for sale and 1 amusement facility held as rental real estate」
The company sold 1 commercial facility held for sale and 1 amusement facility held as rental real estate, advancing the rotation of its real estate portfolio based on the purpose of holding the properties and their profitability while continuing acquisitions. - FY2025AdvancedAnnual report
「The main decreases during the consolidated fiscal year were attributable to depreciation and other expenses of ¥1,031.569 million and the sale of real estate in Yamaguchi and Aichi prefectures totaling ¥1,674.308 million.」
While advancing the acquisition of rental properties, the company sold real estate in Yamaguchi and Aichi prefectures and continued portfolio management combining acquisitions and disposals. - FY2025-H1AdvancedAnnual report
「In this business segment, during the interim consolidated accounting period, in addition to the sale of 2 commercial facilities held as real estate for sale, 9 rental properties acquired in the previous consolidated fiscal year and 4 rental properties acquired during the interim consolidated accounting period」
While acquiring 4 rental properties, the company sold 2 commercial facilities held as real estate for sale, advancing portfolio management that combines acquisitions and disposals. - FY2024AdvancedAnnual report
「As a result, the acquisition of amusement facilities totaled 10 properties, the largest scale ever. Meanwhile, steady progress is being made in improving earnings power through portfolio rotation, including the sale of 7 properties held for sale and 1 fixed asset.」
The company acquired 10 amusement facilities and sold 7 properties held for sale and 1 fixed asset, advancing portfolio management that combines acquisitions and disposals. - FY2024-Q3AdvancedAnnual report
「In addition, the sale of a commercial facility in Okayama Prefecture held as rental real estate resulted in the recognition of an extraordinary gain of ¥776 million. The company has also repositioned its real estate business, money-lending business and M&A consulting business related to the amusement industry as core businesses of the group, reviewing its management strategy in order to concentrate management resources. As part of this process, it has reviewed the purpose for which all real estate held by JALCO Co., Ltd. (hereinafter, “JALCO”) is held. As a result, from the end of the first-quarter accounting period, the purpose of holding certain rental properties has been changed from fixed assets to real estate held for sale (inventories). Going forward, the company plans to sell real estate held for sale while considering the balance of its total asset holdings and profitability.」
The company sold a commercial facility in Okayama Prefecture and recognized an extraordinary gain of ¥776 million. It also reclassified certain rental properties from fixed assets to real estate held for sale and specified its approach of selling them while considering the balance of its asset holdings and profitability. - FY2024-Q2ReframedAnnual report
「As a result, from the end of the first-quarter accounting period, the purpose of holding certain rental properties has been changed from fixed assets to real estate held for sale (inventories). Going forward, the company plans to sell real estate held for sale while considering the balance of its total asset holdings and profitability.」
Certain rental properties were reclassified from fixed assets to real estate held for sale, and the company has provided more specific details on its portfolio rotation policy of selling them while considering the balance of its asset holdings and profitability. - FY2024-Q1AdvancedAnnual report
「Amid a greater number of off-balance-sheet M&A opportunities in the amusement industry than in the previous fiscal year, the company decided to transfer its owned real estate in Okayama Prefecture to invest and manage shareholders’ equity more efficiently through portfolio rotation.」
The company transferred rental property in Okayama Prefecture to address off-balance-sheet M&A opportunities in the amusement industry and manage shareholders’ equity more efficiently. Portfolio rotation combining acquisitions and disposals is progressing. - FY2023AdvancedAnnual report
「The sale and other disposition of a commercial facility in Kanagawa Prefecture, a commercial facility in Shimane Prefecture, and an amusement facility in Tokyo, all held as rental real estate, resulted in extraordinary income of ¥701 million during the consolidated fiscal year.」
While real estate acquisitions continued, rental real estate in Kanagawa Prefecture, Shimane Prefecture and Tokyo was sold, and extraordinary income of ¥701 million was recorded. Portfolio rebalancing combining acquisitions and sales progressed. - FY2023-Q3AdvancedAnnual report
「Fixed assets increased by ¥4.711 billion from the end of the previous consolidated fiscal year to ¥43.236 billion. This was mainly due to a ¥5.080 billion increase in property, plant and equipment from new real estate acquisitions in Hokkaido, Ibaraki Prefecture, Tokyo and Osaka Prefecture, and a ¥199 million increase from the purchase of investment securities. Meanwhile, property, plant and equipment decreased by ¥715 million due to the sale of real estate in Kanagawa Prefecture, among other factors.」
While new real estate acquisitions continued, real estate in Kanagawa Prefecture was sold, reducing property, plant and equipment by ¥715 million. Portfolio management combining acquisitions and sales is progressing. - FY2023-Q2RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will in the future also seek to rebalance income-producing real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing income-producing real estate in the future, taking into consideration the balance of assets held and various profit measures, continues. This time, no new sale results are presented. - FY2023-Q1RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will in the future also seek to rebalance income-producing real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing income-producing real estate in the future, taking into consideration the balance of assets held and various profit measures, continues. No new sale results are presented. - FY2022AdvancedAnnual report
「There is also strong demand from customers seeking to purchase the Company's rental real estate from a profitability perspective. Including such cases, we will continue to rebalance properties held, taking into consideration the profitability of each property, the overall status of real estate held, and the Company's overall performance.」
The Company indicated a policy of continuing to rebalance properties held alongside expansion through acquisitions, taking into consideration profitability, the overall real estate portfolio and the Company's overall performance. Properties in Samukawa and Meguro-ku, Tokyo, have also been sold. - FY2022-Q2AdvancedAnnual report
「Net cash used in investing activities during the first six months of the consolidated fiscal year was ¥3.253 billion. This was mainly because ¥4.410 billion was paid for real estate acquisitions, while ¥1.282 billion was received from real estate sales, among other factors.」
While actively acquiring real estate, ¥1.282 billion in proceeds from real estate sales was also received during the six-month period, resulting in portfolio rebalancing. - FY2022-Q1AdvancedAnnual report
「As a result of this transfer, after deducting the book value and various transfer-related expenses from the transfer price, a gain on sale of fixed assets of approximately ¥400 million is expected to be recorded as extraordinary income in the consolidated financial results for the fiscal year ending March 2022. The proceeds from the sale are planned to be used to repay the borrowings incurred when the property was acquired, with the remaining funds reinvested as the Company's equity contribution toward the acquisition of new rental real estate.」
The land in Samukawa, Kanagawa Prefecture, was transferred on 30 July 2021, and a gain on sale of fixed assets of approximately ¥400 million is expected. The sale proceeds were scheduled to be used to repay borrowings incurred at acquisition and reinvested in the acquisition of new rental real estate. - FY2021AdvancedAnnual report
「The sale of a property held as rental real estate and leased to the Akashi Branch of Mitsubishi Fuso Truck and Bus Corporation resulted in extraordinary income of ¥428 million during the consolidated fiscal year.」
The sale of rental real estate resulted in extraordinary income of ¥428 million, and the portfolio was rebalanced alongside expansion through acquisitions. - FY2021-Q3AdvancedAnnual report
「The sale of a property in Kobe, Hyogo Prefecture, held as rental real estate resulted in extraordinary income of ¥428 million during the first nine months of the consolidated fiscal year. Because there is strong demand from customers seeking to purchase the Company's rental real estate from a profitability perspective, we will continue to rebalance rental real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
A property in Kobe, Hyogo Prefecture, was sold and extraordinary income of ¥428 million was recorded. Portfolio rebalancing based on profitability, the balance of assets held and various profit measures continues alongside expansion through acquisitions. - FY2021-Q2RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will in the future also seek to rebalance income-producing real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing income-producing real estate in the future, taking into consideration the balance of assets held and various profit measures, continues. No specific sale results are presented. - FY2021-Q1SoftenedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will in the future also seek to rebalance income-producing real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing based on profitability and various performance indicators remains in place, but this filing describes a future policy and does not present any new sale results. - FY2020AdvancedAnnual report
「Of the 6 newly acquired properties, the rental property in Hokkaido leased to the Sorachi Branch of Mitsubishi Fuso Truck and Bus Corporation was sold.」
While actively acquiring rental real estate, some of the acquired properties were sold and the portfolio was rebalanced. - FY2020-Q3RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will seek to increase revenue and profit while considering sales and other measures and continuing to rebalance income-producing real estate.」
The policy of considering sales and other measures based on profitability, and seeking to increase revenue and profit while rebalancing income-producing real estate, continues. - FY2020-Q2RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will also seek to rebalance income-producing real estate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing income-producing real estate based on profitability and the balance of assets held, among other factors, continues. - FY2020-Q1RestatedAnnual report
「Because there is strong demand from customers seeking to purchase the Company's income-producing real estate from a profitability perspective, we will also seek to rebalance income-producing real estate as appropriate, taking into consideration the balance of assets held, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent.」
The policy of rebalancing income-producing real estate based on profitability and the balance of assets held, among other factors, continues. This filing does not present any specific sale results. - FY2018-Q3AdvancedAnnual report
「In this business segment, although the property in Nishikamata, Ota-ku, was sold, 4 new rental properties were acquired in Toyama, Toyama Prefecture, Matsue, Shimane Prefecture, Kobe, Hyogo Prefecture, and Tsu, Mie Prefecture, during the first nine months of the consolidated fiscal year. As a result, revenue was ¥237 million, up 34.6% year on year, and segment profit was ¥40 million, down 5.3% year on year.」
After the sale of the Nishikamata, Ota-ku, property, 4 new properties were acquired in Toyama, Shimane, Hyogo and Mie prefectures, advancing the rebalancing of the rental real estate portfolio. - FY2018-Q2AdvancedAnnual report
「Although the property in Nishikamata, Ota-ku, was sold, 2 new rental properties were acquired in Toyama, Toyama Prefecture, and Matsue, Shimane Prefecture, during the first six months of the consolidated fiscal year, as a result of which」
After the sale of the Nishikamata, Ota-ku, property, 2 new properties were acquired in Toyama Prefecture and Shimane Prefecture, advancing the rebalancing of the rental real estate portfolio. - FY2018-Q1AchievedAnnual report
「The transfer procedures for the property in Nishikamata, Ota-ku, were completed on 2 May 2017.」
The transfer procedures for the rental property in Nishikamata, Ota-ku, Tokyo, decided in the previous filing, were completed on 2 May 2017. As a result, rental income declined, and the borrowings used to finance the acquisition were fully repaid. - FY2017First statedAnnual report
「As a general rule, ジャルコ's real estate leasing business follows a long-term holding policy. However, on the condition that doing so does not disadvantage the company's customers, we consider rebalancing the portfolio as appropriate and decided to transfer properties in order to invest and manage shareholders' equity more efficiently.」
While maintaining a general policy of long-term ownership, the Company disclosed for the first time its policy of selectively rebalancing rental real estate on the condition that customers are not disadvantaged, in order to manage shareholders' equity efficiently. The property in Nishikamata, Ota-ku, Tokyo, had a transfer price of ¥2.110 billion and a book value of ¥1.509 billion. Settlement and transfer were completed on 2 May 2017, and a gain on sale of fixed assets of ¥538 million was scheduled to be recorded.