Handling of Collective Investment Projects Targeting U.S. Real Estate
First written in FY2022-Q3. 13 of 15 entries say "Advanced", first in FY2022. Latest entry: 2026-07-30.
3 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Overseas real estate fund business (abridged) The Company began collaborating with a leading U.S. partner and plans to steadily build its project portfolio while rigorously selecting projects with high investment value. It is currently working toward forming a large multifamily residential property in Texas during the current consolidated fiscal year as the first project under the collaboration.」
Although there were no new overseas real estate projects formed or sold, the Company began collaborating with a leading U.S. partner and advanced to the stage of targeting the formation of a large multifamily residential property in Texas during the current consolidated fiscal year. - 2026-04-28AdvancedEarnings presentation
「Commencement of collaboration with a leading U.S. partner ◼ As the first project under the collaboration, we are working toward structuring a large-scale multifamily property in Texas during the current fiscal year.」
The company began collaborating with a leading U.S. partner and is working to structure a large-scale multifamily property in Texas as the first project. - FY2025New project formation deferred; inventory sales progressedAnnual report
「The Company deferred project formation in the overseas real estate fund business for the current consolidated fiscal year after continuing a cautious approach while monitoring U.S. interest rates and inflation. Equity contribution sales totaled ¥16,850 million, up 30.8% year on year, as the Company promoted active sales and sold out its opening inventory by the end of the interim consolidated accounting period.」
While the Company deferred new overseas real estate project formation for the year, sales of opening inventory progressed, bringing equity contribution sales to ¥16,850 million, up 30.8% year on year. It stated that it would promote formation from the sixth project onward while monitoring U.S. interest rates and inflation. - FY2025-H1AdvancedAnnual report
「No new projects were formed in the overseas real estate fund business during the interim consolidated accounting period, but the Company continued preparations for projects from the sixth onward while monitoring the impact of policies under the Trump administration. Equity contribution sales reached ¥16,850 million, up 103.0% year on year and a record high for an interim consolidated accounting period, as the Company promoted active sales, including selling out all opening inventory.」
Although no new overseas real estate projects were formed, all opening inventory sold out, bringing equity contribution sales to a record ¥16,850 million for an interim period. The Company also continued preparations for project formation from the sixth project onward. - FY2024AdvancedAnnual report
「The Company formed multiple projects during a single consolidated fiscal year for the first time since launching the business: the third project, a large multifamily residential property in Austin, Texas, in October 2023; the fourth project, Hyatt Centric Waikiki Beach, a large mixed-use building centered on a hotel in Honolulu, Hawaii, in May 2024; and the fifth project, Driftwood Apartments, a large multifamily residential property in Kent, Washington, in September 2024. As a result, formation volume reached ¥43,165 million, up 139.1% year on year.」
The Company formed multiple overseas real estate projects, from the third through the fifth, during the fiscal year, increasing formation volume to ¥43,165 million. The third project sold out, and sales of the fourth project also began. - FY2024-Q2AdvancedAnnual report
「Sales of the large multifamily residential property in Austin, Texas, which had recently launched, accelerated, bringing equity contribution sales to ¥8,300 million, a record high for the cumulative second-quarter period and up 36.3% year on year.」
Sales of the third overseas real estate project, a large multifamily residential property in Austin, Texas, accelerated, bringing overseas real estate equity contribution sales to a record high for the cumulative second-quarter period. - FY2024-Q1AdvancedAnnual report
「Formation volume in the overseas real estate fund business totaled ¥11,765 million, down 34.8% year on year, following the formation in October 2023 of a large multifamily residential property in Austin, Texas, as the third project. Equity contribution sales totaled ¥2,530 million, down 36.9% year on year, despite the continued strong investor demand and the sellout of Queen Kapiolani Hotel in Honolulu, Hawaii, the second project launched in March 2023.」
In overseas real estate, the Company formed its third project, while Queen Kapiolani Hotel, the second project, sold out. Formation volume and sales declined year on year. - FY2023AdvancedAnnual report
「Sales of the second overseas real estate project, the large resort hotel Queen Kapiolani Hotel in Honolulu, Hawaii, which began in March 2023, progressed well. Equity contribution sales reached ¥17,030 million, up 239.9% year on year, including a record-high quarterly sales figure in the fourth quarter, while revenue was ¥2,823 million, up 252.5%.」
Sales of the second overseas real estate project progressed, bringing equity contribution sales to ¥17,030 million, up 239.9% year on year, and revenue to ¥2,823 million, up 252.5%. Fourth-quarter sales also reached a record high on a quarterly basis. - FY2023-Q3AdvancedAnnual report
「Overseas real estate equity contribution sales progressed steadily, reaching ¥11,040 million and resulting in revenue of ¥1,887 million. In addition, formation volume in the real estate fund business reached ¥18,049 million following the formation in December 2022 of the large resort hotel Queen Kapiolani Hotel in Honolulu, Hawaii, the second project.」
Overseas real estate equity contribution sales totaled ¥11,040 million and revenue was ¥1,887 million. Formation volume, including the second Hawaii project, reached ¥18,049 million, with sales progressing from the previous quarter. - FY2023-Q2AdvancedAnnual report
「The first overseas real estate project in New York sold out, and sales of the second project also progressed well, bringing equity contribution sales to ¥6,090 million and revenue to ¥1,113 million. In addition, formation volume in the real estate fund business reached ¥18,049 million following the formation in December 2022 of the large resort hotel Queen Kapiolani Hotel in Honolulu, Hawaii, the second project.」
In overseas real estate, the first project in New York sold out and sales of the second project progressed. Equity contribution sales totaled ¥6,090 million, revenue was ¥1,113 million and formation volume was ¥18,049 million. - FY2023-Q1AdvancedAnnual report
「Overseas real estate equity contribution sales progressed steadily, reaching ¥4,010 million and resulting in revenue of ¥679 million. In addition, formation volume in the real estate fund business reached ¥18,049 million following the formation in December 2022 of the large resort hotel Queen Kapiolani Hotel in Honolulu, Hawaii, the second project.」
In overseas real estate, the Company formed the large resort hotel in Honolulu, Hawaii, as its second project, recognizing formation volume of ¥18,049 million, equity contribution sales of ¥4,010 million and revenue of ¥679 million. - FY2022AdvancedAnnual report
「Sales of the first overseas real estate project began in June 2022, with sales of equity contributions totaling ¥5,010 million.」
For the collective investment business project targeting U.S. real estate launched in FY2022-Q3, sales of the first project began, generating ¥5,010 million in overseas real estate equity contribution sales. - FY2022-Q3First statedAnnual report
「During the third quarter, the Company began handling collective investment business projects targeting U.S. real estate in its real estate fund business.」
The Company began handling collective investment business projects targeting U.S. real estate in the third quarter. This was the first indication that its scope had expanded to U.S. real estate projects in addition to the formation and sale of fractionalized real estate products.