Stability of Hotel Rental Income and Improvement in Vacancy Rates at Rental Apartments
First written in FY2017-Q1. 5 of 26 entries say "Restated". Latest entry: 2026-05-14.
The whole theme swung hardest in 2024: 3 of 21 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- 2026-05-14DroppedRevisions to earnings forecastsSuggests it is closing out
「従って、当社は、事業本部を基礎とした製品・サービス別のセグメントから構成されており、「建材」、「産業資材」、「電子・デバイス」、の3つを報告セグメントとしております。」
賃貸不動産セグメントが報告セグメントから外れ、ホテル賃貸物件売却後の収益テーマについて開示が終息する方向が示された。 - FY2025-H1Rental real estate income disappeared following the sale of the rental hotelAnnual report
「Because a rental hotel was sold during the previous consolidated fiscal year, there was no revenue or segment profit in the current interim consolidated accounting period.」
Following the sale of the hotel rental property, revenue and segment profit in the rental real estate segment were both zero for the current interim consolidated accounting period. - FY2024-Q3Revenue expected to decline following the transfer of a hotel rental property.Annual report
「As stated in the 14 December 2023 notice titled “Notice Regarding the Transfer of Fixed Assets and Recording of Extraordinary Gain,” properties held were transferred during the fourth-quarter consolidated accounting period. Accordingly, revenue and segment profit for the rental real estate segment in the full-year consolidated results for the fiscal year ending March 2024 are expected to decline.」
The explanation changed from revenue remaining flat with no change in properties held to an expectation that revenue and profit in the rental real estate segment would decline for the fiscal year ending March 2024 due to the transfer of a hotel rental property. - FY2023-Q3RestatedAnnual report
「There was no change in properties held from the previous fiscal year, and both revenue and segment profit were broadly flat. As a result, total revenue for the rental real estate segment was ¥146 million, up 1.8% year on year, and segment profit was ¥87 million, up 7.1%.」
The company continued to disclose that properties held were unchanged and reported rental real estate segment revenue of ¥146 million and segment profit of ¥87 million. - FY2023-Q2RestatedAnnual report
「There was no change in properties held from the previous fiscal year, and both revenue and segment profit were broadly flat. As a result, total revenue for the rental real estate segment was ¥97 million, up 1.1% year on year, and segment profit was ¥56 million, up 4.2%.」
With no change in properties held continuing, the earnings performance of the rental real estate segment was updated. - FY2023-Q1Flat, with no change in properties held.Annual report
「There was no change in properties held from the previous fiscal year, and both revenue and segment profit were broadly flat. As a result, total revenue for the rental real estate segment was ¥49 million, up 1.8% year on year, and segment profit was ¥27 million, up 5.7%.」
With no change in properties held, revenue of ¥49 million and segment profit of ¥27 million in the rental real estate segment were broadly flat. - FY2022-Q2Profit increased as the impact of repairs abated while property sales continued.Annual report
「Segment revenue declined due to the sale of properties held in the previous fiscal year, while segment profit increased because major repairs had been carried out on rental properties held in the previous fiscal year. As a result, revenue in this segment was ¥96 million, down 33.6% year on year, and segment profit was ¥54 million, up 21.4%.」
Although lower revenue continued due to property sales in the previous fiscal year, the impact of the major repairs carried out in that year ended, and segment profit increased 21.4% year on year. - FY2022-Q1Lower revenue and segment profit due to the impact of selling properties held.Annual report
「Both segment revenue and segment profit declined due to the sale of properties held in the previous fiscal year.」
Due to the impact of selling properties held in the previous fiscal year, revenue in the rental real estate segment was ¥48 million and segment profit was ¥26 million, both below the same period of the previous fiscal year. - FY2021-Q3RestatedAnnual report
「While stable income from rental properties held was recorded, segment revenue was broadly flat and segment profit declined due to major repairs. As a result, revenue in this segment was ¥220 million, up 0.1% year on year, and segment profit was ¥86 million, down 15.7%.」
The explanation of stable income from rental properties held and lower profit due to major repairs was continued, with revenue and segment profit for the cumulative first nine months disclosed. - FY2021-Q2Rental real estate profit declined due to major repairs.Annual report
「While stable income from rental properties held was recorded, segment revenue was broadly flat and segment profit declined due to major repairs. As a result, revenue in this segment was ¥144 million, down 2.5% year on year, and segment profit was ¥44 million, down 32.5%.」
The explanation of stable income from rental properties held was maintained, but segment profit declined 32.5% year on year due to major repairs. - FY2021-Q1Flat, supported by stable income from rental properties held.Annual report
「Stable income from rental properties held kept both revenue and segment profit broadly flat. As a result, revenue in this segment was ¥72 million, down 3.7% year on year, and segment profit was ¥31 million, down 7.5%.」
The explanation shifted from lower revenue and segment profit due to rental property sales in the previous fiscal year to an explanation that revenue and segment profit were flat due to stable income from rental properties held. However, the figures were lower year on year. - FY2020Full-year revenue and segment profit continued to decline due to the impact of rental property sales.Annual report
「Due in part to the impact of the sale of rental properties held during the previous fiscal year, both segment revenue and segment profit declined. As a result, revenue in this segment was ¥292 million, down 7.5% year on year, and segment profit was ¥138 million, down 8.9%.」
The impact of the sale of rental properties in the previous fiscal year continued throughout the year, resulting in lower revenue and segment profit in the rental real estate segment. - FY2020-Q3Declines in revenue and profit due to the sale continuedAnnual report
「Due in part to the impact of the sale of rental properties held during the previous fiscal year, segment revenue and segment profit both declined. As a result, revenue in this segment was ¥220 million, down 9.2% year on year, and segment profit was ¥102 million, down 10.2%.」
The impact of the sale of rental properties in the previous fiscal year continued into the cumulative third-quarter consolidated period, resulting in lower revenue and segment profit in the rental real estate segment. - FY2020-Q2Declines in revenue and profit due to the sale continuedAnnual report
「Due in part to the impact of the sale of rental properties held during the previous fiscal year, both revenue and segment profit declined. As a result, revenue in this segment was ¥148 million, down 12.5% year on year, and segment profit was ¥66 million, down 20.0%.」
The impact of the sale of rental properties in the previous fiscal year continued into the second quarter, resulting in lower revenue and segment profit in the rental real estate segment. - FY2020-Q1Declines in revenue and profit due to the sale continuedAnnual report
「Due in part to the impact of the sale of rental properties held during the previous fiscal year, both revenue and segment profit declined. As a result, revenue in this segment was ¥75 million, down 13.7% year on year, and segment profit was ¥34 million, down 34.2%.」
The impact of the sale of rental properties in the previous fiscal year continued into the first quarter, resulting in lower revenue and segment profit in the rental real estate segment. - FY2019Full-year declines in revenue and profit due to the sale of rental real estateAnnual report
「Revenue and segment profit both decreased due to the sale of rental real estate held by the company, among other factors. As a result, revenue in this segment amounted to ¥316 million, down 10.3% year on year, and segment profit amounted to ¥152 million, down 16.7%.」
The impact of the sale of rental real estate extended through the full year, resulting in declines in both revenue and profit in the rental real estate segment. - FY2019-Q3Declines in revenue and profit due to the sale of rental real estate held by the company continuedAnnual report
「Revenue and segment profit both decreased due to the sale of rental real estate held by the company, among other factors. As a result, revenue in this segment amounted to ¥242 million, down 8.0% year on year, and segment profit amounted to ¥114 million, down 15.4%.」
The impact of the sale of rental real estate held by the company continued, with revenue in the rental real estate segment amounting to ¥242 million and segment profit to ¥114 million, both below the levels of the previous year. - FY2019-Q2Sale of rental real estate reduced revenue and profitAnnual report
「Revenue was almost unchanged from the same quarter of the previous year, while segment profit decreased due to the sale of rental real estate held by the company, among other factors. As a result, revenue in this segment amounted to ¥169 million, down 3.4% year on year, and segment profit amounted to ¥83 million, down 13.0%.」
Following the sale of rental real estate held by the company, revenue in the rental real estate segment amounted to ¥169 million and segment profit to ¥83 million, both below the levels of the same quarter of the previous year. - FY2019-Q1AdvancedAnnual report
「Revenue was almost unchanged from the same quarter of the previous year due to improved profitability at rental apartments, among other factors, while segment profit increased. As a result, revenue in this segment amounted to ¥87 million, down 2.5% year on year, and segment profit amounted to ¥52 million, up 19.6%.」
Improved profitability at rental apartments continued. Although revenue was almost unchanged from the same quarter of the previous year, profit in the rental real estate segment increased 19.6% year on year. - FY2018AdvancedAnnual report
「Revenue and segment profit both increased due to improved profitability at rental apartments, among other factors. As a result, revenue in this segment amounted to ¥352 million, up 2.4% year on year, and segment profit amounted to ¥183 million, up 12.4%.」
Improved profitability at rental apartments continued for the full year, with revenue and profit in the rental real estate segment exceeding the previous year's levels. - FY2018-Q3AdvancedAnnual report
「Revenue and segment profit both increased due to improved profitability at rental apartments, among other factors. As a result, revenue in this segment amounted to ¥264 million, up 2.2% year on year, and segment profit amounted to ¥134 million, up 11.4%.」
Improved profitability at rental apartments continued, with revenue in the rental real estate segment amounting to ¥264 million and segment profit to ¥134 million, up 2.2% and 11.4%, respectively, year on year. - FY2018-Q2AdvancedAnnual report
「Revenue and segment profit both increased due to improved profitability at rental apartments, among other factors. As a result, revenue in this segment amounted to ¥175 million, up 1.9% year on year, and segment profit amounted to ¥95 million, up 20.3%.」
The company discloses figures showing that continued improvement in profitability at rental apartments resulted in year-on-year increases in revenue and segment profit in the rental real estate segment. - FY2018-Q1AdvancedAnnual report
「Revenue and segment profit both increased due to improved profitability at rental apartments, among other factors.」
Improved profitability at rental apartments continued, with revenue in the rental real estate segment up 3.8% year on year and segment profit up 12.3%. - FY2017-Q3RestatedAnnual report
「Rental income from the hotel, which began operating as a rental property in May 2015, became stable revenue, while the vacancy rate at rental apartments also improved. As a result, both revenue and segment profit increased.」
The company repeats its explanation that stable hotel rental income and an improved vacancy rate at rental apartments led to increases in revenue and segment profit in the rental real estate segment. - FY2017-Q2RestatedAnnual report
「Rental income from the hotel, which began operating as a rental property in May 2015, became stable revenue, while the vacancy rate at rental apartments also improved. As a result, both revenue and segment profit increased.」
The explanation that stable hotel rental income and an improved vacancy rate at rental apartments led to increases in revenue and segment profit in the rental real estate segment is repeated. - FY2017-Q1First statedAnnual report
「Rental income from the hotel, which began operating as a rental property in May 2015, became stable revenue, while the vacancy rate at rental apartments also improved. As a result, both revenue and segment profit increased.」
The company states that stable hotel rental income and an improved vacancy rate at rental apartments led to increases in revenue and segment profit in the rental real estate segment.