Real Estate Revenue Growth from Handover of “The Sapporo Towers” Condominiums
First written in FY2025. 2 of 3 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 10 of 42 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition, the continued recognition of sales proceeds from “The Sapporo Towers” condominium development made a significant contribution to earnings. As a result, net sales were ¥1,374 million, down 10.6% from the previous consolidated fiscal year, and operating income was ¥748 million, up 13.9%.」
Recognition of sales proceeds from “The Sapporo Towers” condominium development continued for the full year, and the real estate business posted a 13.9% increase in operating income despite lower revenue. - FY2026-H1AdvancedAnnual report
「Through the proper maintenance and operation of rental properties and the recognition of units in “The Sapporo Towers” condominium development whose handover had been completed, the company made a significant contribution to earnings. Net sales were ¥955 million, up 278.6% year on year, and operating income was ¥471 million, up 288.7%.」
Recognition of units in “The Sapporo Towers” condominium development whose handover had been completed continued in the interim period, contributing to substantial revenue and profit growth in the real estate business. - FY2025First statedAnnual report
「In FY2024, the recognition of units in “The Sapporo Towers” condominium development whose handover had been completed resulted in net sales of ¥1,538 million, up 263.9% from the previous consolidated fiscal year, and operating income of ¥656 million, up 138.9%.」
This is the first disclosure as a standalone topic that recognizing units in “The Sapporo Towers” condominium development whose handover had been completed materially increased real estate revenue and operating income.