Komori
Nitchitsu (7021) · FactOccupancy remained strong, sales increased, and profit declinedLatest Earnings presentation (2026-11-13): "Advanced"

Improved occupancy at rental properties

First written in FY2016. 13 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-13.

40entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY2020-Q3WorsenedFY2022-Q1 – FY20232016: 320162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 420232024: 320242025: 220252026: 62026
Same theme, other companies
Maintaining Occupancy Rates for Owned Real EstateA theme 69 companies write about · 0 as a headwind · 78 as a tailwind

The whole theme swung hardest in 2022: 8 of 59 companies on the "Worse" side.

21 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 69 companies compared. The sentences above are computed from all 69.
Full recordFilings, disclosures and news, newest first
  1. FY2026Occupancy remained strong, sales increased, and profit declinedAnnual report

    「Operations at the rental office buildings remained stable, but a planned increase in maintenance work resulted in sales of ¥143 million, up 2.2% from the previous fiscal year, and segment income of ¥32 million, down 4.5%.」

    Operations remained stable and sales increased, while profit declined due to the increase in maintenance work.
  2. FY2026-H1WorsenedAnnual report

    「Operations at the rental office buildings remained stable, but the implementation of maintenance work and other factors resulted in sales of ¥70 million, up 0.2% year on year, and operating income of ¥13 million, down 41.7%.」

    Operations remained stable and sales were nearly flat, but operating income declined 41.7% year on year due to the implementation of maintenance work and other factors.
  3. FY2025AdvancedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥140 million, up 0.2% from the previous fiscal year, and segment income of ¥34 million, up 6.4%.」

    Stable operations at the rental office buildings resulted in higher sales and higher profit.
  4. FY2025-H1Occupancy remained strong, sales increased, and profit declinedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥70 million, up 0.4% year on year, and operating income of ¥22 million, down 6.4%.」

    Operations at the rental office buildings remained stable and sales increased, while operating income declined 6.4% year on year.
  5. FY2024High occupancy continued, but profit declinedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥139 million, up 2.2% from the previous fiscal year, while maintenance costs resulted in segment income of ¥32 million, down 19.2%.」

    Operations remained stable and sales increased, but segment income declined due to maintenance costs.
  6. FY2024-Q3AdvancedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥104 million, up 2.8% year on year, and segment income of ¥37 million, up 29.1%.」

    Stable operations at the rental office buildings resulted in higher sales and higher profit for the Real Estate-related Business.
  7. FY2024-Q2AdvancedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥69 million, up 3.9% year on year, and segment income of ¥24 million, up 24.6%.」

    Stable operations at the rental office buildings resulted in higher sales and higher profit for the Real Estate-related Business.
  8. FY2024-Q1AdvancedAnnual report

    「Stable operations at the rental office buildings resulted in sales of ¥34 million, up 7.8% year on year, and segment income of ¥12 million, up 31.8%.」

    Stable operations at the rental office buildings resulted in higher sales and higher profit for the Real Estate-related Business.
  9. FY2023WorsenedAnnual report

    「Higher repair and maintenance costs at the rental office buildings resulted in sales of ¥136 million, up 5.6% from the previous fiscal year, and segment income of ¥39 million, down 11.0%.」

    Sales increased, while segment income declined due to higher repair and maintenance costs.
  10. FY2023-Q3WorsenedAnnual report

    「Sales were ¥101 million, roughly in line with the previous fiscal year and up 4.5% year on year, while higher repair and maintenance costs resulted in segment income of ¥28 million, down 17.6%.」

    The Real Estate-related Business posted a modest increase in sales, while segment income declined due to higher repair and maintenance costs.
  11. FY2023-Q2WorsenedAnnual report

    「Sales were ¥67 million, roughly in line with the previous fiscal year and up 2.7% year on year, while higher repair and maintenance costs resulted in segment income of ¥19 million, down 17.2%.」

    The Real Estate-related Business posted a modest increase in sales, but segment income declined due to higher repair and maintenance costs.
  12. FY2023-Q1WorsenedAnnual report

    「Lower rental income resulting from tenant changes in part of the rental office portfolio resulted in sales of ¥32 million, down 5.7% year on year, and segment income of ¥9 million, down 29.8%.」

    Lower rental income resulting from tenant changes in part of the portfolio resulted in lower sales and lower profit.
  13. FY2022-Q3WorsenedAnnual report

    「Amid sluggish conditions in the rental office market, lower occupancy and other factors resulted in sales of ¥97 million, down 10.5% year on year, and segment income of ¥34 million, down 28.9%.」

    The rental office business continued to post lower sales and lower profit due to lower occupancy and sluggish market conditions.
  14. FY2022-Q2WorsenedAnnual report

    「Amid sluggish conditions in the rental office market, lower occupancy and other factors resulted in sales of ¥65 million, down 9.9% year on year, and segment income of ¥23 million, down 26.3%.」

    Sluggish conditions in the rental office market and lower occupancy resulted in lower sales and lower profit.
  15. FY2022-Q1WorsenedAnnual report

    「Amid sluggish conditions in the rental office market, lower occupancy and other factors resulted in sales of ¥34 million, down 4.9% year on year, while higher expenses and other factors resulted in segment income of ¥13 million, down 12.1%.」

    The rental office business posted lower sales and lower profit due to lower occupancy and higher expenses, deteriorating from its previous pattern of maintaining high occupancy.
  16. FY2021AdvancedAnnual report

    「Maintaining high occupancy resulted in sales of ¥145 million, up 2.5% from the previous fiscal year, while lower repair costs contributed to segment income of ¥65 million, up 19.4%.」

    In addition to maintaining high occupancy, lower repair costs resulted in higher sales and higher profit.
  17. FY2021-Q3RestatedAnnual report

    「Maintaining high occupancy resulted in sales of ¥109 million, up 2.9% year on year, while lower repair costs contributed to segment income of ¥49 million, up 27.6%.」

    Higher sales and higher profit due to continued high occupancy and lower repair costs continued.
  18. FY2021-Q2AdvancedAnnual report

    「Maintaining high occupancy resulted in sales of ¥72 million, up 3.4% year on year, while lower repair costs contributed to segment income of ¥32 million, up 48.2%.」

    In addition to maintaining high occupancy, lower repair costs resulted in higher sales and higher profit.
  19. FY2021-Q1AdvancedAnnual report

    「Maintaining high occupancy resulted in sales of ¥36 million, up 2.9% year on year, while lower repair costs contributed to segment income of ¥15 million, up 126.5%.」

    High occupancy was maintained, and lower repair costs also contributed to higher sales and higher profit.
  20. FY2020-Q3High occupancy maintained, profit declinedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥106 million, up 1.0% year on year, but higher maintenance and other costs and other factors resulted in segment income of ¥38 million, down 22.5%.」

    High occupancy was maintained and sales increased, while segment income declined due to higher maintenance and other costs.
  21. FY2020-Q2High occupancy maintained, profit declinedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥70 million, up 0.3% year on year, but higher maintenance and other costs and other factors resulted in segment income of ¥21 million, down 34.6% year on year.」

    While high occupancy was maintained, higher maintenance and other costs limited the increase in sales, and segment income declined.
  22. FY2020-Q1High occupancy maintained, profit declinedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥35 million, unchanged year on year, but higher maintenance and other costs resulted in segment income of ¥6 million, down 57.6% year on year.」

    While high occupancy was maintained, sales were flat and segment income declined due to higher maintenance and other costs.
  23. FY2019RestatedAnnual report

    「Amid continued strong conditions in the rental office market, maintaining high occupancy throughout the year resulted in sales of ¥140 million, unchanged from the previous fiscal year, and segment income of ¥66 million, up 4.7%.」

    High occupancy was confirmed for the full year, and profit also increased.
  24. FY2019-Q3RestatedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥105 million, unchanged year on year, and segment income of ¥49 million, up 10.5%.」

    High occupancy continued to be maintained, sales were roughly in line with the same period of the previous year, and segment income increased.
  25. FY2019-Q2High occupancy maintained, profit increasedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥70 million, unchanged year on year, and segment income of ¥33 million, up 22.8% year on year.」

    High occupancy was maintained and sales were flat, while segment income increased 22.8%.
  26. FY2019-Q1High occupancy maintained, profit declinedAnnual report

    「Maintaining high occupancy and other factors resulted in sales of ¥35 million, unchanged year on year, but higher maintenance and other costs resulted in segment income of ¥16 million, down 10.2% year on year.」

    While high occupancy was maintained, sales were flat and segment income declined due to higher maintenance and other costs.
  27. FY2018AdvancedAnnual report

    「Amid continued strong conditions in the rental office market, maintaining high occupancy throughout the year resulted in sales of ¥139 million, up 4.7% from the previous fiscal year, and segment income of ¥63 million, up 30.1%.」

    High occupancy was maintained throughout the year, and both sales and segment income increased.
  28. FY2018-Q3RestatedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥104 million, up 6.3% year on year, and segment income of ¥44 million, up 23.8%.」

    Improved occupancy following the move-in of new tenants, higher sales and higher profit continued.
  29. FY2018-Q2RestatedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥69 million, up 8.3% year on year, and segment income of ¥27 million, up 31.3%.」

    Improved occupancy following the move-in of new tenants, higher sales and higher profit continued.
  30. FY2018-Q1AdvancedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥34 million, up 14.7% year on year, and segment income of ¥18 million, up 77.2%.」

    Improved occupancy following the move-in of new tenants continued, and higher sales and higher profit progressed.
  31. FY2017RestatedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥133 million, up 15.5% from the previous fiscal year, and operating income of ¥48 million, up 17.5%.」

    Improved occupancy following the move-in of new tenants, higher sales and higher profit were confirmed for the full year.
  32. FY2017-Q3RestatedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥98 million, up 18.1% year on year, and segment income of ¥36 million, up 32.3%.」

    Improved occupancy following the move-in of new tenants, higher sales and higher profit continued.
  33. FY2017-Q2RestatedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥64 million, up 25.5% year on year, and segment income of ¥20 million, up 72.7%.」

    Improved occupancy following the move-in of new tenants, higher sales and higher profit continued on a cumulative first-half basis.
  34. FY2017-Q1AdvancedAnnual report

    「Improved occupancy following the move-in of new tenants and other factors resulted in sales of ¥30 million, up 22.9% year on year, and segment income of ¥10 million, up 138.2%.」

    Improved occupancy following the move-in of new tenants continued, with the increases in sales and profit reflected in the figures.
  35. FY2016First statedAnnual report

    「In addition to improved occupancy following the move-in of new tenants, lower building maintenance costs and other factors resulted in sales of ¥115 million, up 20.4% from the previous fiscal year, and operating income of ¥41 million, compared with an operating loss of ¥1 million in the previous fiscal year.」

    The business returned to profitability as new tenants moved in and costs declined.
Moved together

"Earning power of the machinery-related business" moved the same way as this thread, in the same document, in 13 of its 40 moves.

131111966★123456
  1. ★This thread
  2. 1Earning power of the machinery-related business13×
  3. 2Weak demand and losses in the resource-related business11×
  4. 3Reduction of Interest-Bearing Debt11×
  5. 4Lower sales in the Materials-related Business as orders ran their course9×
  6. 5Raw material prices, supply shortages and freight market risks6×
  7. 6Crystalline limestone segment to move out of the red and become profitable6×

★ 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
Nitchitsu's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Earnings presentation of 2026-11-13: "Advanced".
News
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