Stabilizing the earnings base and improving operating efficiency through property acquisitions and renovations
First written in FY2016. 5 of 14 entries say "Restated". Latest entry: FY2026.
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- FY2026Slight increase in rental profitAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥21.987 million, comprising rental revenue of ¥42.968 million and rental expenses of ¥20.981 million.」
Rental profit increased slightly from ¥21.622 million in the previous fiscal year to ¥21.987 million, indicating continued monetization through the use of the properties. - FY2025Rental income and expenses decreasedAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥21.622 million, comprising rental revenue of ¥42.117 million and rental expenses of ¥20.495 million.」
Rental profit declined from ¥25.884 million in the previous fiscal year to ¥21.622 million. - FY2024Slight increase in rental profitAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥25.884 million, comprising rental revenue of ¥47.650 million and rental expenses of ¥21.765 million.」
Rental profit from rental and other real estate, including the head office building, was ¥25.884 million, a slight increase from ¥25.610 million in the previous fiscal year. - FY2022Rental income and expenses decreasedAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥24.963 million, comprising rental revenue of ¥47.091 million and rental expenses of ¥22.127 million.」
Monetization through rental and other real estate, including the head office building, continued, but rental profit declined from ¥28.404 million in the previous fiscal year to ¥24.963 million. - FY2022-Q2RestatedAnnual report
「Net cash provided by investing activities was ¥147 million, compared with net cash used of ¥132 million in the same quarter of the previous year. This was mainly attributable to proceeds of ¥139 million from the sale of investment securities, compared with none in the same quarter of the previous year.」
Although rental income of more than ¥23 million from investment property continued, the main source of investing cash inflows in the current quarter was the sale of investment securities. - FY2021AdvancedAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥28.404 million, comprising rental revenue of ¥56.771 million and rental expenses of ¥28.366 million.」
The Company recorded rental profit of ¥28.404 million from rental and other real estate, including the head office building, up from ¥27.786 million in the previous fiscal year. - FY2020AdvancedAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥27.786 million, comprising rental revenue of ¥59.024 million and rental expenses of ¥31.237 million.」
The Company recorded rental profit of ¥27.786 million from rental real estate, including the head office building, up from ¥25.512 million in the previous fiscal year. Monetization through the use of the properties progressed over the full year. - FY2020-Q2RestatedAnnual report
「Net cash used in investing activities was ¥1 million, compared with net cash provided of ¥17 million in the same quarter of the previous year. This was mainly attributable to rental income from investment property of ¥29 million, unchanged from the same quarter of the previous year, and cash used to acquire property, plant and equipment of ¥11 million, compared with ¥0 million in the same quarter of the previous year.」
Rental income from investment property continued to amount to ¥29 million, indicating continued monetization through the use of the properties. - FY2019-Q2RestatedAnnual report
「Net cash provided by investing activities was ¥17 million, compared with net cash used of ¥9 million in the same quarter of the previous year. This was mainly attributable to rental income from investment property of ¥29 million, compared with ¥25 million in the same quarter of the previous year.」
Rental income from investment property continued to be generated, indicating continued monetization through the use of the properties. - FY2018AdvancedAnnual report
「Rental profit from the relevant rental and other real estate for the current consolidated fiscal year was ¥15.290 million, comprising rental revenue of ¥50.548 million and rental expenses of ¥35.257 million.」
The Company recorded rental revenue of ¥50.548 million and rental profit of ¥15.290 million from rental and other real estate, including the head office building, demonstrating full-year monetization through the use of the properties. - FY2018-Q3RestatedAnnual report
「Ordinary profit increased 28.0% year on year to ¥342 million, reflecting the absence of the foreign exchange loss recorded in the previous fiscal year, the recognition instead of a foreign exchange gain in the current fiscal year, and an increase in rental income from the head office building, among other factors.」
The report continues to identify increased rental income from the head office building as a factor behind higher ordinary profit, indicating continued monetization of the acquired and renovated properties. - FY2018-Q2RestatedAnnual report
「Ordinary profit increased 26.7% year on year to ¥323 million, reflecting the absence of the foreign exchange loss recorded in the previous fiscal year, the recognition instead of a foreign exchange gain in the current fiscal year, and an increase in rental income from the head office building, among other factors.」
The report continues to identify increased rental income from the head office building as a factor behind higher ordinary profit, indicating continued monetization of the acquired and renovated properties. - FY2018-Q1AdvancedAnnual report
「Ordinary profit increased 1.0% year on year to ¥453 million, reflecting the absence of the foreign exchange loss recorded in the previous fiscal year and an increase in rental income from the head office building, among other factors.」
The report identifies increased rental income from the acquired and renovated head office building as a factor behind higher ordinary profit, documenting the effect of using the properties to stabilize the earnings base. - FY2016First statedAnnual report
「During the current consolidated fiscal year, our Group acquired properties that it had previously leased in order to stabilize its earnings base and improve business operating efficiency. In light of current building utilization, it also carried out renovations to update facilities and convert part of the properties to rental use.」
The Company acquired the Kyoto head office building and the East Logistics Center building and carried out renovations to update facilities and convert part of the properties to rental use.