Acquisition of real estate to stabilize the earnings base
First written in FY2016. 1 of 29 entries say "Advanced", first in FY2016. Latest entry: FY2024.
9 other companies' latest entry also says "Other".
- FY2024Continued decline in investment real estate holdingsAnnual report
「Decrease in investment property (from ¥1,567 million to ¥1,547 million, a decrease of ¥20 million)」
Net investment property decreased from ¥1,567.6 million at the end of the previous fiscal year to ¥1,547.061 million. - FY2024-Q3Continued decline in investment real estate holdingsAnnual report
「Investment property (net) 1,567,600 1,553,095」
The balance of investment property decreased from ¥1,567.6 million at the end of the previous fiscal year to ¥1,553.095 million, and the reduction in holdings has continued. - FY2024-Q2Continued decline in investment real estate holdingsAnnual report
「The main factor was a ¥8 million decrease in investment property (net), from ¥1,567 million to ¥1,559 million.」
The balance of investment property decreased by ¥8 million from the end of the previous fiscal year, and the reduction in holdings has continued. - FY2024-Q1Continued decline in the balance of investment propertyAnnual report
「Investment property (net) 1,567,600 1,561,362」
The balance of investment property decreased from ¥1,567.6 million at the end of the previous fiscal year to ¥1,561.362 million. - FY2023Continued decline in the balance of investment propertyAnnual report
「Decrease in investment property (from ¥1,596 million to ¥1,567 million, a decrease of ¥28 million)」
The balance of investment property decreased by ¥28 million from the end of the previous fiscal year, and the reduction in property holdings continued. - FY2023-Q3Continued decline in investment real estate holdingsAnnual report
「The balance of investment property (net) decreased from ¥1,596 million to ¥1,574 million.」
The balance of investment property decreased from ¥1,596.147 million at the end of the previous fiscal year to ¥1,574.782 million, and the reduction in property holdings has continued. - FY2023-Q2Continued decline in the balance of investment propertyAnnual report
「Investment property (net) 1,596,147 1,583,771」
The balance of investment property decreased from ¥1,596.147 million at the end of the previous fiscal year to ¥1,583.771 million. Meanwhile, investment property rental income increased from ¥59.894 million in the same period of the previous year to ¥68.268 million. - FY2023-Q1Decline in investment property balance, increase in rental incomeAnnual report
「The main factor was a ¥8 million decrease in investment property, from ¥1,596 million to ¥1,587 million.」
The balance of investment property decreased by approximately ¥8.9 million from the end of the previous fiscal year. Meanwhile, investment property rental income increased from ¥28.296 million in the same period of the previous year to ¥39.186 million. - FY2022Decline in investment property balance, increase in rental profit or lossAnnual report
「For the fiscal year ended March 2022, rental profit from the relevant rental property was ¥45.607 million.」
The amount of investment property recognized on the consolidated balance sheet decreased from ¥1,803.694 million at the end of the previous fiscal year to ¥1,759.773 million, while rental profit or loss increased from ¥41.004 million to ¥45.607 million. - FY2022-Q3Decline in investment property balance, increase in rental incomeAnnual report
「The main factor was a ¥27 million decrease in investment property (net), from ¥1,633 million to ¥1,605 million.」
The balance of investment property decreased by ¥27 million. Meanwhile, cumulative investment property rental income for the first 3 quarters increased from ¥92.088 million in the same period of the previous year to ¥93.395 million. - FY2022-Q2Continued decline in investment property balance and rental incomeAnnual report
「The main factor was a ¥18 million decrease in investment property (net), from ¥1,633 million to ¥1,614 million.」
The balance of investment property decreased by ¥18 million from the end of the previous fiscal year, while cumulative investment property rental income for the first 2 quarters also decreased from ¥67.736 million in the same period of the previous year to ¥59.894 million. - FY2022-Q1Continued decline in investment property rental incomeAnnual report
「Investment property rental income ¥40.442 million ¥28.296 million」
Investment property rental income for the first quarter decreased from ¥40.442 million in the same period of the previous year to ¥28.296 million, and the decline in rental income has continued. - FY2021Continued decline in rental incomeAnnual report
「For the fiscal year ended March 2021, rental profit from the relevant rental property was ¥41.004 million.」
Rental profit or loss from rental and other property decreased from ¥84.762 million in the previous year to ¥41.004 million, while the amount recognized on the consolidated balance sheet also decreased from ¥1,805.031 million to ¥1,803.694 million. - FY2021-Q3Continued decline in investment property balance and rental incomeAnnual report
「The main factor was a ¥29 million decrease in investment property (net), from ¥1,672 million to ¥1,643 million.」
The balance of investment property decreased by ¥29 million from the end of the previous fiscal year. Investment property rental income for the first 3 quarters was ¥92.088 million, down from ¥121.477 million in the same period of the previous year. - FY2021-Q2Decline in investment property balance and rental incomeAnnual report
「The main factor was a ¥19 million decrease in investment property (net), from ¥1,672 million to ¥1,653 million.」
The balance of investment property decreased by ¥19 million from the end of the previous fiscal year, while rental income from investment property also decreased from ¥81.034 million in the same period of the previous year to ¥67.736 million. - FY2020Decline in balance, rental income continuesAnnual report
「Rental profit or loss from the relevant rental and other property in the fiscal year ended March 2020 was ¥84.762 million.」
Rental profit or loss from rental and other property was ¥84.762 million, while the amount recognized on the consolidated balance sheet decreased from the end of the previous fiscal year. - FY2020-Q3Decrease in the balance of investment propertyAnnual report
「Investment property (net) 1,687,724 1,683,336」
The balance of investment property decreased by ¥4.388 million, from ¥1,687.724 million at the end of the previous fiscal year to ¥1,683.336 million, representing a slight decrease. - FY2020-Q2Slight increase in the balance of investment propertyAnnual report
「Investment property (net) 1,687,724 1,693,757」
The balance of investment property increased by ¥6.033 million, from ¥1,687.724 million at the end of the previous fiscal year to ¥1,693.757 million, marking a slight increase after the previous declining trend. - FY2020-Q1Continued decline in investment real estate holdingsAnnual report
「Investment property (net) 1,687,724 1,680,094」
The balance of investment property decreased by ¥7.63 million, from ¥1,687.724 million at the end of the previous fiscal year to ¥1,680.094 million. - FY2019-Q3Continued decline in investment real estate holdingsAnnual report
「The main factor was a ¥30 million decrease in investment property (net), from ¥1,728 million to ¥1,698 million.」
The balance of investment property decreased by ¥30 million from the end of the previous fiscal year, and the reduction in property holdings has continued. - FY2019-Q2Continued decline in investment real estate holdingsAnnual report
「The main factor was a ¥19 million decrease in investment property (net), from ¥1,728 million to ¥1,709 million.」
The balance of investment property decreased by ¥19 million from the end of the previous fiscal year, and the reduction in property holdings has continued. - FY2019-Q1Continued decline in investment real estate holdingsAnnual report
「The main factor was a ¥9 million decrease in investment property, from ¥1,728 million to ¥1,719 million.」
The balance of investment property decreased by ¥9 million from the end of the previous fiscal year. - FY2018AchievedAnnual report
「The Group sold investment property with a carrying amount of ¥194.722 million under Corporate-wide (common). The property sold was the Shinjuku MK Building.」
The sale of the Shinjuku MK Building was stated in the full-year filing as completed under the policy of reviewing and transferring owned assets. - FY2018-Q3ReframedAnnual report
「As part of our business structural reforms, we reviewed our assets and decided to transfer the Shinjuku MK Building.」
The focus on acquiring real estate to stabilize the earnings base shifted toward reviewing owned assets and transferring rental properties as part of the business structural reforms. - FY2018-Q2Continued reduction in investment property holdingsAnnual report
「The main factor was a ¥25 million decrease in investment property (net), from ¥1,800 million to ¥1,775 million.」
The balance of investment property decreased by ¥25 million from the end of the previous fiscal year, and the reduction in property holdings has continued. - FY2018-Q1Continued reduction in investment property holdingsAnnual report
「Investment property (net) 1,800,959 1,788,228」
The balance of investment property decreased from ¥1,895 million at the end of the previous fiscal year to ¥1,788.228 million at the end of the first quarter, and the reduction has continued. - FY2017-Q3Continued reduction in investment property holdingsAnnual report
「The main factor was a ¥740 million decrease in investment property, from ¥2,557 million to ¥1,817 million.」
The balance of investment property decreased by ¥740 million from the end of the previous fiscal year, and the reduction in property holdings has continued. - FY2017-Q2Reduction in investment real estate holdingsAnnual report
「The main factor was a ¥696 million decrease in investment property, from ¥2,557 million to ¥1,861 million.」
The balance of investment property decreased by ¥696 million. This indicates a reduction in property holdings, but there is no explicit statement that the acquisition policy was withdrawn. - FY2016AdvancedAnnual report
「During the current consolidated fiscal year, the Company acquired the land and building of the property known as Nihon Life Shinjuku Gyoenmae Building, which was being leased for commercial use, to stabilize its earnings base. Capital expenditure of approximately ¥3,200 million was recorded under the company-wide segment.」
The Company acquired land and buildings for approximately ¥3.2 billion to stabilize its earnings base.