Maintaining a stable real-estate earnings base
First written in FY2016. 15 of 36 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 6 of 44 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the real estate division, Sugamo Dia Building, owned by the Group, is fully occupied. While continuing planned repairs, we are working to maintain the building's asset value and provide tenants with safety and peace of mind. Trunk-room operations also remain stable. Kawaguchi Dia Pia and Self Iwakiri were sold as part of an asset replacement strategy, and 5 highly profitable properties held for sale were acquired.」
Stable operations at Sugamo Dia Building and the trunk-room business were maintained, while Kawaguchi Dia Pia and Self Iwakiri were sold and 5 properties held for sale were acquired. - FY2026-H1Sale of Kawaguchi Dia Pia and stability of the remaining rental asset baseAnnual report
「Sugamo Dia Building is fully occupied. While continuing planned repairs, we are working to maintain the building's asset value and provide tenants with safety and peace of mind. Self Iwakiri in Sendai also continues to generate stable rental income, and trunk-room operations remain stable. Kawaguchi Dia Pia was sold in July as part of an asset replacement strategy.」
Stable operations at Sugamo Dia Building, Self Iwakiri and the trunk-room business were maintained, while Kawaguchi Dia Pia was sold in July. - FY2025RestatedAnnual report
「Sugamo Dia Building and Kawaguchi Dia Pia are both fully occupied. While continuing planned repairs, we are working to maintain the buildings' asset value and provide tenants with safety and peace of mind. Self Iwakiri in Sendai also continues to generate stable rental income, and trunk-room operations remain stable. In the property-held-for-sale business, 1 property was sold.」
Full occupancy and stable rental income at the key rental properties and stable trunk-room operations were maintained, while 1 property was sold in the property-held-for-sale business. - FY2025-H1AdvancedAnnual report
「This fiscal year, 1 property sale or purchase took place in the property-held-for-sale business. As a result, the real estate division reported revenue of ¥599 million, up 751.7% year on year, and operating income of ¥83 million, up 86.0% year on year.」
The key rental properties remained fully occupied and operated steadily, while 1 property sale or purchase in the property-held-for-sale business resulted in substantial increases in revenue and operating income in the real estate business. - FY2024One vacancy and no property-held-for-sale revenueAnnual report
「In the real estate division, Sugamo Dia Building is fully occupied, while Kawaguchi Dia Pia has 1 vacancy. While continuing planned repairs, we are working to maintain the buildings' asset value and provide tenants with safety and peace of mind. Trunk-room operations also remain stable. No revenue was generated from the property-held-for-sale business this fiscal year.」
Sugamo Dia Building remained fully occupied, while 1 vacancy arose at Kawaguchi Dia Pia, and there was no revenue from property held for sale. - FY2024-Q3Continued lower revenue and operating income without property-held-for-sale transactionsAnnual report
「However, no property sales or purchases took place in the property-held-for-sale business, among other factors. As a result, the real estate division reported revenue of ¥115 million, down 68.0% year on year, and operating income of ¥77 million, down 35.4% year on year.」
Full occupancy and stable rental income at rental properties and steady trunk-room operations continued, but no property sales or purchases took place, resulting in substantial declines in revenue and operating income across the real estate business. - FY2024-Q2RestatedAnnual report
「In the property-held-for-sale business, no property sales or purchases took place this fiscal year. As a result, the real estate division reported revenue of ¥70 million, down 75.2% year on year, and operating income of ¥44 million, down 47.2% year on year.」
Stable rental income and steady trunk-room operations continued, while the absence of property sales and purchases and lower revenue and operating income also continued. - FY2024-Q1Lower revenue and operating income without property-held-for-sale revenueAnnual report
「As a result, the real estate division reported revenue of ¥34 million, down 86.1% year on year, and operating income of ¥23 million, down 63.3% year on year.」
Full occupancy at rental properties and steady trunk-room operations continued, but the absence of property-held-for-sale revenue resulted in substantial declines in revenue and operating income in the real estate business. - FY2023AdvancedAnnual report
「In the real estate division, Sugamo Dia Building and Kawaguchi Dia Pia are currently fully occupied. While continuing planned repairs, we are working to maintain the buildings' asset value and provide tenants with safety and peace of mind. Trunk-room operations also remain stable. Revenue was also generated from the property-held-for-sale business, as in the previous fiscal year. As a result, the real estate division reported revenue of ¥402 million, up 8.3% year on year, and operating income of ¥145 million, up 12.8% year on year.」
Full occupancy, stable rental income and trunk-room operations were maintained, while revenue from property held for sale continued. The real estate business reported higher revenue and operating income. - FY2023-Q3AdvancedAnnual report
「The property-held-for-sale business steadily recorded gains on property sales and purchases. Overall, the real estate division reported revenue of ¥362 million, up 242.3% year on year, and operating income of ¥119 million, up 70.5% year on year.」
In addition to the existing base of full occupancy and stable rental income, gains on property sales and purchases in the property-held-for-sale business were recorded, resulting in substantial increases in revenue and operating income across the real estate business. - FY2023-Q2AdvancedAnnual report
「The property-held-for-sale business steadily recorded gains on property sales and purchases. Overall, the real estate division reported revenue of ¥283 million, up 305.7% year on year, and operating income of ¥85 million, up 84.2% year on year.」
In addition to the existing full occupancy and stable rental income, gains on property sales and purchases in the property-held-for-sale business were recorded, resulting in higher revenue and operating income across the real estate business. - FY2023-Q1AdvancedAnnual report
「The property-held-for-sale business steadily recorded gains on property sales and purchases. Overall, the real estate division reported revenue of ¥249 million, an increase of ¥212 million year on year, and operating income of ¥63 million, an increase of ¥40 million.」
In addition to the existing base of full occupancy and stable rental income, gains on property sales and purchases in the property-held-for-sale business were recorded, and both revenue and operating income in the real estate business exceeded the prior-year period. - FY2022AdvancedAnnual report
「Beginning this fiscal year, revenue was generated from the new real estate business involving property held for sale. As a result, the real estate division reported revenue of ¥372 million, up 140.0% year on year, and operating income of ¥128 million, up 41.1% year on year.」
In addition to the existing base of full occupancy and stable rental income, revenue was generated from the property-held-for-sale business, resulting in substantial increases in revenue and operating income in the real estate business. - FY2022-Q2Lower revenue and operating income despite maintaining full occupancy and stable rental incomeAnnual report
「As a result, the real estate division reported revenue of ¥69 million, down 10.8% year on year, and operating income of ¥46 million, down 2.8% year on year.」
Although full occupancy at the key properties and stable rental income were maintained, the real estate business reported lower revenue and operating income year on year. - FY2022-Q1Lower revenue and operating income despite maintaining full occupancy and stable rental incomeAnnual report
「As a result, the real estate division reported revenue of ¥37 million, down 8.6% year on year, and operating income of ¥22 million, down 7.5% year on year.」
While full occupancy at the key properties and stable rental income were maintained, the real estate business reported lower revenue and operating income year on year. - FY2021RestatedAnnual report
「Both Sugamo Dia Building and Kawaguchi Dia Pia are currently fully occupied. While continuing planned repairs, we are working to maintain the buildings' asset value and provide tenants with safety and peace of mind.」
Full occupancy at the key properties, planned repairs, asset value maintenance, and the provision of safety and peace of mind to tenants continued. The real estate business reported higher operating income despite lower revenue. - FY2021-Q3RestatedAnnual report
「As a result, the real estate division reported revenue of ¥116 million, down 3.0% year on year, and operating income of ¥70 million, up 7.3% year on year.」
Against a backdrop of full occupancy, stable rental income and steady trunk-room operations, the business continued to report higher operating income despite lower revenue. - FY2021-Q2Stable rental income and continued operating income growth, but lower revenueAnnual report
「Both Sugamo Dia Building and Kawaguchi Dia Pia are currently fully occupied. While continuing planned repairs, we are working to maintain the buildings' asset value and provide tenants with safety and peace of mind. Self Iwakiri in Sendai also continues to generate stable rental income, and trunk-room operations remain steady.」
The key properties remained fully occupied, generated stable rental income and maintained steady trunk-room operations. Real estate revenue was ¥78 million, down 0.8% year on year, while operating income was ¥47 million, up 10.1%. - FY2021-Q1AdvancedAnnual report
「As a result, the real estate division reported revenue of ¥40 million, up 2.1% year on year, and operating income of ¥24 million, up 7.4% year on year.」
Against a backdrop of full occupancy at the key properties, stable rental income and effectively full trunk-room occupancy, the real estate business reported higher revenue and operating income year on year. - FY2020Higher operating income despite lower revenueAnnual report
「As a result, the real estate division reported revenue of ¥158 million, down 0.1% year on year, and operating income of ¥84 million, up 10.6% year on year.」
The key properties remained fully occupied and generated stable rental income, while trunk-room operations remained effectively fully occupied. The real estate business reported higher operating income despite lower revenue. - FY2020-Q3Shift to effectively full occupancy and higher revenue and operating incomeAnnual report
「The trunk-room operation currently has an effectively full occupancy rate and continues to perform steadily. As a result, the real estate division reported revenue of ¥120 million, up 0.4% year on year, and operating income of ¥65 million, up 5.7% year on year.」
The trunk-room operation reached effectively full occupancy, and the real estate business reported higher revenue and operating income year on year. - FY2020-Q2Trunk rooms reached 100% occupancy, but the real estate business reported lower revenue and operating incomeAnnual report
「The trunk-room operation currently has an occupancy rate of 100% and continues to perform steadily. As a result, the real estate division reported revenue of ¥79 million, down 1.4% year on year, and operating income of ¥43 million, down 2.3% year on year.」
The trunk-room occupancy rate rose from 98% in the prior quarter to 100%, while the real estate business reported lower revenue and operating income year on year. - FY2020-Q1Trunk-room occupancy increased, but the real estate business reported lower revenue and operating incomeAnnual report
「Self Iwakiri in Sendai also continued to generate stable rental income. The trunk-room operation has not yet reached full capacity, but its occupancy rate was 98% and continued to perform steadily. As a result, the real estate division reported revenue of ¥39 million, down 4.3% year on year, and operating income of ¥23 million, down 0.2% year on year.」
The key properties remained fully occupied and generated stable rental income, while the trunk-room occupancy rate reached 98%. The real estate business reported lower revenue and operating income year on year. - FY2019AdvancedAnnual report
「The trunk-room operation has not yet reached full capacity, but its occupancy rate was 95% and continued to perform steadily. As a result, revenue was ¥158 million, up 6.3% year on year, and operating income was ¥76 million, down 9.5% year on year.」
The trunk-room occupancy rate rose from at least 90% as previously reported to 95%. The rental income base was maintained and business revenue increased, while operating income declined year on year. - FY2019-Q3AdvancedAnnual report
「In the real estate business, Sugamo Dia Building and Kawaguchi Dia Pia are currently fully occupied, while Self Iwakiri in Sendai also continues to generate stable rental income. The trunk-room operation launched in November 2016 has not yet reached full capacity, but its occupancy rate has remained above 90%. As a result, revenue was ¥119 million, up 7.6% year on year, and operating income was ¥62 million, up 5.3% year on year.」
The key properties remained fully occupied and generated stable rental income, while the trunk-room occupancy rate exceeded 90%. The real estate business also reported higher revenue and operating income. - FY2019-Q2AdvancedAnnual report
「As a result, revenue was ¥80 million, up 6.5% year on year, and operating income was ¥44 million, up 6.9% year on year.」
Sugamo Dia Building and Kawaguchi Dia Pia remained fully occupied and generated stable rental income, while trunk-room contracts were broadly in line with plan despite the operation not yet reaching full capacity. The real estate business reported higher revenue and operating income. - FY2019-Q1AdvancedAnnual report
「Both Sugamo Dia Building and Kawaguchi Dia Pia have remained fully occupied, generating stable rental income. The trunk-room operation launched in November 2016 has not yet reached full capacity, but contracts are broadly in line with plan. As a result, revenue was ¥41 million, up 10.3% year on year, and operating income was ¥23 million, up 10.2% year on year.」
The key properties remained fully occupied and generated stable rental income, while trunk-room contracts were broadly in line with plan despite the operation not yet reaching full capacity. Revenue and operating income from the real estate business increased year on year. - FY2018AdvancedAnnual report
「As a result, revenue was ¥149 million, up 0.6% year on year, and operating income was ¥84 million, up 6.6% year on year.」
Both properties remained fully occupied and generated stable rental income, while real estate revenue and operating income both exceeded the prior-year period. - FY2018-Q3Vacancy filled immediately and full occupancy maintainedAnnual report
「A vacancy arose when a tenant's lease at Sugamo Dia Building expired, but a new tenant was promptly secured. Both Sugamo Dia Building and Kawaguchi Dia Pia are currently fully occupied and generating stable rental income.」
Although a temporary vacancy arose at Sugamo Dia Building, a new tenant was promptly secured, maintaining full occupancy and stable rental income at both properties. - FY2018-Q2Stable rental income continued, contracts exceeded plan, and operating income increasedAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia have remained fully occupied, generating stable rental income. The trunk-room operation launched in November last year has not yet reached full capacity, but contracts have exceeded plan. As a result, revenue was ¥75 million, down 0.9% year on year, and operating income was ¥41 million, up 0.8% year on year.」
The key properties remained fully occupied and trunk-room contracts continued to exceed plan, resulting in higher operating income despite lower revenue in the real estate business. - FY2018-Q1Stable rental income continued, but the quarter posted lower revenue and profitAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia remain fully occupied, generating stable rental income. The self-storage business launched in November last year has not yet reached full operation, but contracts have exceeded plan. As a result, revenue was ¥37 million, down 3.6% year on year, and operating profit was ¥20 million, down 4.2% year on year.」
While the key properties remained fully occupied and continued to generate stable rental income, quarterly revenue and operating income from the real estate business declined year on year. - FY2017RestatedAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia continue to generate stable rental income.」
Stable rental income from both properties continued, and the real estate business recorded revenue of ¥148 million and operating profit of ¥78 million. - FY2017-Q3AdvancedAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia continue to generate stable rental income. To strengthen the real estate business, we newly launched a self-storage business inside Sugamo Dia Building, beginning efforts to diversify leasing risk and improve future earnings potential.」
While maintaining stable rental income from both properties, the company newly launched a self-storage business inside Sugamo Dia Building. - FY2017-Q2RestatedAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia remain fully occupied, generating stable rental income. In addition, rental income from Self Iwakiri received from Kamei Co., Ltd. is contributing following the withdrawal from the Sendai business in December of the year before last.」
Both properties remained fully occupied and generated stable rental income, with rental income from Self Iwakiri also contributing. - FY2017-Q1AdvancedAnnual report
「In the real estate business, both Sugamo Dia Building and Kawaguchi Dia Pia remain fully occupied, generating stable rental income. In addition, rental income from Self Iwakiri received from Kamei Co., Ltd. is contributing following the withdrawal from the Sendai business in December of the year before last. As a result, revenue was ¥39 million, up 5.6% year on year, and operating profit was ¥21 million, up 15.8% year on year.」
Both properties remained fully occupied and generated stable rental income, with rental income from Self Iwakiri also contributing. Revenue and operating profit in the real estate business increased year on year. - FY2016First statedAnnual report
「Both Sugamo Dia Building and Kawaguchi Dia Pia remain fully occupied, generating stable rental income.」
The real estate business reports full occupancy at both properties and stable rental income.