Komori
Morio Denki (6647) · InitiativeDecrease in rental revenue and rental profit

Strengthening the Real Estate Leasing Business and Stabilizing Earnings

First written in FY2016. 6 of 33 entries say "Restated". Latest entry: FY2026.

33entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY20262016: 320162017: 420172018: 320182019: 420192020: 320202021: 420212022: 420222023: 320232024: 320242025: 120252026: 12026
Same theme, other companies
Establishing real estate and rental housing as core sources of revenueA theme 49 companies write about · 4 as a headwind · 47 as a tailwind

The whole theme swung hardest in 2021: 3 of 35 companies on the "Worse" side.

8 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 48 companies compared. The sentences above are computed from all 48.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decrease in rental revenue and rental profitAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥153 million, down ¥1 million, or 1.1%, year on year.」

    While the rental apartment buildings maintained steady sales, revenue was ¥153 million, down 1.1%, and rental profit was ¥80.640 million, down from ¥82.599 million in the previous fiscal year.
  2. FY2026-H1Rental revenue slightly down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥76 million, down ¥0 million, or 0.3%, year on year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥76 million, down 0.3% year on year.
  3. FY2025-H1Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥77 million, up ¥0 million, or 1.3%, year on year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥77 million, up 1.3% year on year.
  4. FY2024Rental revenue slightly up, rental profit downAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥152 million, up ¥0 million, or 0.4%, year on year.」

    Rental revenue edged up to ¥152 million, an increase of 0.4% year on year. Meanwhile, rental profit was ¥73.881 million, down from ¥75.416 million in the previous year.
  5. FY2024-Q3Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥113 million, up ¥0 million, or 0.5%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥113 million, up 0.5% year on year.
  6. FY2024-Q2Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥76 million, up ¥1 million, or 1.3%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥76 million, up 1.3% year on year.
  7. FY2024-Q1Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥38 million, up ¥0 million, or 1.0%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥38 million, up 1.0% year on year.
  8. FY2023-Q3Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥113 million, up ¥2 million, or 1.9%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥113 million, up 1.9% year on year.
  9. FY2023-Q2Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥75 million, up ¥1 million, or 1.6%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥75 million, up 1.6% year on year.
  10. FY2023-Q1Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥37 million, up ¥0 million, or 2.7%, from the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥37 million, up 2.7% year on year.
  11. FY2022Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥148 million, compared with ¥147 million in the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business edged up to ¥148 million from ¥147 million in the previous year. Rental profit was ¥71.982 million, down from ¥73.319 million in the previous year.
  12. FY2022-Q3Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥111 million, compared with ¥110 million in the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business edged up to ¥111 million from ¥110 million in the same quarter of the previous year.
  13. FY2022-Q2Rental revenue slightly up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥74 million, compared with ¥73 million in the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business edged up to ¥74 million from ¥73 million in the same quarter of the previous year.
  14. FY2022-Q1Rental revenue flat, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥36 million, unchanged from ¥36 million in the same quarter of the previous year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥36 million, at the same level as in the same quarter of the previous year.
  15. FY2021Rental revenue slightly down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥147 million, down ¥2 million, or 1.6%, year on year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥147 million, down 1.6% year on year.
  16. FY2021-Q3Rental revenue slightly down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥110 million, down ¥1 million, or 1.5%, from the same quarter of the previous year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥110 million, down 1.5% year on year.
  17. FY2021-Q2Rental revenue slightly down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥73 million, down ¥1 million, or 1.5%, from the same quarter of the previous year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥73 million, down 1.5% year on year.
  18. FY2021-Q1Rental revenue slightly down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥36 million, down ¥0 million, or 1.4%, from the same quarter of the previous year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥36 million, down 1.4% year on year.
  19. FY2020-Q3RestatedAnnual report

    「In March 2012, as part of its centennial anniversary project, the company began planning the redevelopment of its former head office. The new head office building was completed in December 2013 and replaced the former building with a shared-use facility comprising the head office and rental housing. This enabled the company to strengthen its real estate leasing business and stabilize earnings.」

    The company is reiterating its explanation that redeveloping the head office building and converting it into a shared-use facility with rental housing strengthened and stabilized earnings from its real estate leasing business. Revenue from the real estate-related business was ¥111 million, up 1.4% year on year.
  20. FY2020-Q2RestatedAnnual report

    「In March 2012, as part of its centennial anniversary project, the company began planning the redevelopment of its former head office. The new head office building was completed in December 2013 and replaced the former building with a shared-use facility comprising the head office and rental housing. This enabled the company to strengthen its real estate leasing business and stabilize earnings.」

    The company is reiterating its explanation that redeveloping the head office building and converting it into a shared-use facility with rental housing strengthened and stabilized earnings from its real estate leasing business.
  21. FY2020-Q1RestatedAnnual report

    「In March 2012, as part of its centennial anniversary project, the company began planning the redevelopment of its former head office. The new head office building was completed in December 2013 and replaced the former building with a shared-use facility comprising the head office and rental housing. This enabled the company to strengthen its real estate leasing business and stabilize earnings.」

    The company is reiterating its explanation that redeveloping the head office building and converting it into a shared-use facility with rental housing strengthened and stabilized earnings from its real estate leasing business.
  22. FY2019Rental revenue down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥147 million, down ¥2 million, or 1.5%, year on year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥147 million, down 1.5% year on year.
  23. FY2019-Q3Rental revenue down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥110 million, down ¥2 million, or 2.3%, from the same quarter of the previous year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥110 million, down 2.3% year on year.
  24. FY2019-Q2Rental revenue down, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥72 million, down ¥2 million, or 3.6%, from the same quarter of the previous year.」

    While each rental apartment building maintained steady sales, revenue from the real estate-related business was ¥72 million, down 3.6% year on year.
  25. FY2018Rental revenue up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥149 million, up ¥6 million, or 4.6%, year on year.」

    Each rental apartment building maintained steady sales, and revenue from the real estate-related business was ¥149 million, up 4.6% year on year.
  26. FY2018-Q3Rental revenue up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥113 million, up ¥5 million, or 5.5%, from the same quarter of the previous year.」

    In addition to maintaining steady sales at each rental apartment building, revenue from the real estate-related business was ¥113 million, up 5.5% year on year.
  27. FY2018-Q2Rental revenue up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥75 million, up ¥4 million, or 5.8%, from the same quarter of the previous year.」

    In addition to maintaining steady sales at each rental apartment building, revenue from the real estate-related business was ¥75 million, up 5.8% year on year.
  28. FY2018-Q1Rental revenue up, steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained steady sales, with revenue of ¥37 million, up ¥2 million, or 6.5%, from the same quarter of the previous year.」

    In addition to maintaining steady sales at each rental apartment building, revenue from the real estate-related business was ¥37 million, up 6.5% year on year.
  29. FY2017Rental revenue down, broadly steadyAnnual report

    「In the real estate-related business, each rental apartment building maintained broadly steady sales, with revenue of ¥143 million, down ¥6 million, or 4.3%, year on year.」

    While each rental apartment building maintained broadly steady sales, revenue from the real estate-related business was ¥143 million, down 4.3% year on year.
  30. FY2017-Q3RestatedAnnual report

    「In March 2012, as part of the centennial anniversary project, we began planning the redevelopment of the former head office. The head office building was completed in December 2013 and rebuilt as a shared building housing both the head office and rental residences. This enabled us to strengthen the real estate leasing business and stabilize earnings.」

    The company continues to state that the head office redevelopment will convert the head office and rental housing into a shared-use building, strengthening and stabilizing earnings from its real estate leasing business.
  31. FY2017-Q2RestatedAnnual report

    「In March 2012, as part of the centennial anniversary project, we began planning the redevelopment of the former head office. The head office building was completed in December 2013 and rebuilt as a shared building housing both the head office and rental residences. This enabled us to strengthen the real estate leasing business and stabilize earnings.」

    The company is reiterating its previous explanation of plans to strengthen and stabilize earnings from its real estate leasing business by redeveloping the head office building and converting it into a shared-use building.
  32. FY2017-Q1RestatedAnnual report

    「In addition, taking energy and maintenance savings into consideration, we made the head office building environmentally friendly by installing energy-efficient LED lighting throughout the building.」

    The company has reiterated its previous explanation of the real estate leasing business using the head office building and environmentally conscious building operations.
  33. FY2016First statedAnnual report

    「The head office building was completed in December 2013 and rebuilt as a shared building housing both the head office and rental residences. This enabled us to strengthen the real estate leasing business and stabilize earnings.」

    The redevelopment of the former head office into a shared building housing the head office and rental residences is positioned as a means of strengthening the real estate leasing business and stabilizing earnings.
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Morio Denki's next results are scheduled for 2026-11-06. Read the earnings preview
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