Strengthening the Real Estate Leasing Business through the Acquisition of Rental Housing
First written in FY2024-Q2. 6 of 9 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the real estate leasing business, income-generating properties, including the head office building in Chuo-ku, Osaka, rental apartments in Higashinari-ku, Osaka, Chuo-ku, Tokyo and Sumida-ku, Tokyo, and rental warehouses in Sumida-ku, Tokyo, secured stable rental income, resulting in higher revenue year on year.」
The company continues to secure stable rental income from income-generating properties, including the acquired rental apartment in Higashinari-ku, Osaka, resulting in continued revenue growth in the real estate leasing business. - 2026-07-03RestatedEarnings
「Income-producing properties, including the head office building in Chuo-ku, Osaka, rental apartments in Higashinari-ku, Osaka, rental apartments and rental warehouses in Kikukawa, Sumida-ku, Tokyo, secured stable rental income, resulting in higher revenue year on year.」
The company continues to report stable income and revenue growth from income-producing properties, including the acquired rental residences. - FY2026-H1AchievedAnnual report
「In the real estate leasing business, the company secured stable rental income from existing income-producing properties, including the head office building in Chuo-ku, Osaka, and rental apartments in Kikukawa, Sumida-ku, Tokyo, as well as from the rental apartment in Higashinari-ku, Osaka, purchased in May 2025, which began operations.」
The company purchased a rental apartment in Higashinari-ku, Osaka, in May 2025, and brought it into operation. It reported securing rental income, including from the acquired properties. - FY2025AdvancedAnnual report
「The acquisition of this property is intended to strengthen the real estate leasing business and further increase earnings. Acquisition price: ¥1,292 million; scheduled property delivery date: 27 May 2025.」
Following the property in Kikukawa, Sumida-ku, Tokyo, the company resolved to acquire residential rental property in Fukaekita, Higashinari-ku, Osaka, and is proceeding with efforts to strengthen the leasing business. - FY2025-H1RestatedAnnual report
「Revenue from the real estate leasing business increased year on year as the company strengthened earnings by purchasing an apartment building for lease in September 2023, while income-generating properties including the head office building steadily secured rental income.」
The company continues to state that revenue increased through stronger earnings from the rental apartment acquired in the previous fiscal year and stable rental income from the head office building and other properties. - FY2025-Q1RestatedAnnual report
「In the real estate leasing business, some vacancies arose at the warehouse property in Kikukawa, Sumida-ku, Tokyo, and at certain other tenant properties, but revenue increased year on year as the head office building and residential rental properties secured stable rental income.」
The company continues to state that it secured stable rental income from rental properties, including the acquired residential rental properties, resulting in higher revenue from the leasing business. - FY2024RestatedAnnual report
「Although vacancies occurred at the warehouse property in Kikukawa, Sumida-ku, Tokyo, and at some other tenant properties, revenue from the real estate leasing business was broadly unchanged from the previous consolidated fiscal year, due in part to the purchase of a residential property for lease as an income-generating property in Kikukawa, Sumida-ku, Tokyo, in September 2023 and efforts to strengthen rental income.」
While reporting increased rental income from the residential rental property acquired in September 2023 as a full-year result, revenue from the leasing business remained almost flat due to some vacancies. - FY2024-Q3RestatedAnnual report
「In the real estate leasing business, the company purchased residential rental property in Kikukawa, Sumida-ku, Tokyo, as an income-producing property in September 2023, aiming to increase rental income.」
The company continues to state that it aimed to increase rental income from the residential rental property acquired in September 2023. - FY2024-Q2First statedAnnual report
「The acquisition of this property is intended to strengthen the real estate leasing business and further increase earnings.」
The company newly indicated plans to acquire land and buildings in Kikukawa, Sumida-ku, Tokyo, as residential rental property. The acquisition price is ¥665.234 million, funded entirely with the company's own funds, and delivery was completed on 21 September 2023.