Establishing a New Revenue Base through the Acquisition of Income-Producing Real Estate
First written in FY2021-Q3. 19 of 24 entries say "Advanced", first in FY2021. Latest entry: 2026-09-16.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Real estate business revenue for the fiscal year increased 60.5% year on year to ¥2.2 billion, due to higher subsidiary earnings from M&A and significant expansion of the resale business. Segment profit declined 19.9% year on year to ¥219 million, due to a higher head-office cost burden, compared with ¥273 million in the previous fiscal year.」
Real estate business revenue increased 60.5% to ¥2.2 billion due to higher subsidiary earnings from M&A and expansion of the resale business. Segment profit, however, declined 19.9% due to the higher head-office cost burden. - FY2026-H1AdvancedAnnual report
「During the six-month interim consolidated accounting period, the company worked to secure stable earnings by improving occupancy in its leasing business and focused on expanding the renovation and resale business for used properties. Real estate business revenue for the period increased 169.7% year on year to ¥1,212 million, due to higher subsidiary earnings from M&A. Segment profit declined 8.4% year on year to ¥92 million, due to a higher head-office cost burden, compared with ¥100 million in the same period of the previous year.」
The company improved occupancy in its leasing business and advanced the renovation and resale of used properties, resulting in real estate business revenue increasing 169.7% year on year to ¥1,212 million. Segment profit, however, declined 8.4% year on year to ¥92 million. - FY2025ReframedAnnual report
「The Group seeks to optimize the balance among the 4 core areas of its real estate business: leasing, resale, specified joint real estate ventures and matching. By establishing a group-wide structure covering property selection and acquisition, renovation and sales channels, it will maximize the use of management resources and pursue efficient business operations.」
The company restructured its previous real estate expansion policy, centered on stable earnings from owning rental properties, into a diversified real estate business combining 4 areas: leasing, resale, specified joint real estate ventures and matching. - FY2025-H1AdvancedAnnual report
「To further improve earnings capacity and expand its business domain, the company made イストグループ, a real estate company, a subsidiary.」
The initiative to build an earnings base through the acquisition of income-producing real estate expanded to the acquisition of all shares of イストグループ, which operates real estate sales, real estate leasing and remodeling businesses. イストグループ's results are scheduled to be consolidated from October 2024. - FY2024AdvancedAnnual report
「By changing from outsourcing management to in-house management, the company was able to gain a detailed understanding of customer needs, respond quickly to customers and accurately assess property conditions. As a result, it achieved its target occupancy rate and reduced costs, leading to a further improvement in earnings capacity.」
The company explained that in-house management of real estate enabled it to achieve its target occupancy rate and reduce costs. The real estate business also recorded revenue of ¥876 million and segment profit of ¥159 million. - FY2024-Q3AdvancedAnnual report
「At a board meeting held on 29 January 2024, the company resolved to acquire all shares of 有限会社月光園 and make it a subsidiary, and executed a share transfer agreement on the same date. Business combination date: 31 January 2024 (share acquisition date)」
Regarding the establishment of an earnings base through the acquisition of income-producing real estate, the company acquired 100% of 月光園, a real estate leasing business, on 31 January 2024 after the filing and added 3 income-producing properties. - FY2024-Q2AdvancedAnnual report
「As a result, real estate business revenue for the quarter was ¥404 million. Segment profit was ¥64 million, down from ¥88 million in the same period of the previous year, due to an increase in repairs and remodeling aimed at improving occupancy and a ¥22 million year-on-year increase in allocated head-office expenses associated with the shift in the business portfolio. EBITDA, calculated by adding depreciation and amortization of goodwill to segment profit, was ¥192 million.」
The real estate business recorded second-quarter revenue of ¥404 million, segment profit of ¥64 million and EBITDA of ¥192 million. - FY2024-Q1AdvancedAnnual report
「Going forward, the company will seek to operate high-yield properties by increasing the value of acquired properties through remodeling, renovation and conversion, while expanding profit by reducing costs through further in-house management of properties, and will also seek to expand the business domain itself.」
For the real estate business, the company specified measures involving remodeling, renovation and conversion of acquired properties, in-house management operations, and expansion of the business domain. In the first quarter, it recorded revenue of ¥201 million and segment profit of ¥32 million. - FY2023AdvancedAnnual report
「As a result, the company secured stable profit throughout the fiscal year, and the business contributed to the company-wide business structure reform as a core business. Real estate business revenue for the fiscal year was ¥799 million and segment profit was ¥120 million.」
The real estate business recorded annual revenue of ¥799 million and segment profit of ¥120 million, demonstrating its results as the second core business. - FY2023-Q3AdvancedAnnual report
「As a result, real estate business revenue for the quarter was ¥600 million, and segment profit was ¥157 million, compared with ¥26 million in the previous fiscal year.」
The real estate business progressed toward full-scale operations after キムラタンエステート became a subsidiary, recording revenue of ¥600 million and segment profit of ¥157 million. - FY2023-Q2AdvancedAnnual report
「As a result, real estate business revenue for the quarter was ¥401 million and segment profit was ¥124 million.」
After making キムラタンエステート, formerly 和泉商事, a subsidiary, the company fully operated the real estate business and recorded quarterly revenue of ¥401 million and segment profit of ¥124 million. - FY2023-Q1AdvancedAnnual report
「At the beginning of the first quarter, the company made 和泉商事 a subsidiary, established a real estate division, and developed its operating and management structure, thereby fully launching the real estate business. As a result, real estate business revenue for the quarter was ¥199 million and segment profit was ¥59 million.」
After making 和泉商事 a subsidiary, the company established a real estate division and developed its operating and management structure, fully launching the real estate business. It recorded quarterly revenue of ¥199 million and segment profit of ¥59 million. - FY2022AchievedAnnual report
「At a meeting of the Board of Directors held on 14 February 2022, the company resolved to acquire all shares of 和泉商事有限会社 and make it a subsidiary. On the same date, it entered into a share transfer agreement and completed the acquisition of all shares on 1 April 2022.」
As a measure to expand its real estate leasing business, the company completed the acquisition of all shares of 和泉商事有限会社, which owns income-producing properties nationwide, on 1 April 2022. - FY2022-Q3AdvancedAnnual report
「The company decided to conduct an M&A transaction involving a company that owns income-producing properties nationwide and operates a real estate leasing business. It decided to acquire all shares of 和泉商事有限会社, which owns approximately 70 income-producing properties nationwide, to expand the business. Date of business combination: 1 April 2022 (予定). Voting rights to be acquired: 100%.」
The initiative to build an earnings base through the acquisition of income-producing real estate progressed to business expansion through the acquisition of all shares of real estate leasing company 和泉商事. The company decided to make the company, which owns approximately 70 properties, a wholly owned subsidiary, with the business combination scheduled for 1 April 2022. - FY2022-Q2RestatedAnnual report
「The real estate business launched in February 2021 has secured stable earnings and is now expected to contribute to earnings throughout the fiscal year.」
The company continues to pursue a policy of securing stable earnings from the real estate business launched in February 2021 and expects it to contribute to earnings throughout the fiscal year. - FY2022-Q1AdvancedAnnual report
「The newly launched real estate business is generating stable earnings, and we expect it to contribute to higher earnings throughout the fiscal year.」
The newly launched real estate business secured stable earnings and progressed to the stage of being expected to contribute to earnings throughout the fiscal year. - FY2021AdvancedAnnual report
「In February 2021, we acquired multiple apartment buildings, detached houses and rental warehouses in Himeji, Hyogo Prefecture, as income-producing properties. The properties have an average age of 23 years, but their current occupancy rate is close to 100%, and we expect yields of around 10%. We will work to secure stable earnings going forward.」
In the real estate business, the company acquired apartments, detached houses and rental warehouses in February 2021 and progressed to the operating phase, with occupancy close to 100% and expected yields of around 10%. - FY2021-Q3First statedAnnual report
「Use of funds: Acquisition of income-producing real estate to build a new earnings base」
The company first identified the acquisition of income-producing real estate as a use of proceeds from a third-party allotment of new shares. It raised approximately ¥300 million on 12 January 2021, and the subsequent events section also described resolutions to acquire rental apartments, rental warehouses and detached houses.