Expansion of Fixed Assets Through the Acquisition of Rental Real Estate
First written in FY2023-Q3. 5 of 8 entries say "Advanced", first in FY2023. Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Increase Acquisition of real estate for lease ¥1,118.548 million」
During the consolidated fiscal year, the company acquired ¥1,118.548 million of rental real estate, bringing the consolidated balance of rental real estate to ¥6,614.242 million at fiscal year-end. The expansion of rental assets in Japan and the United States is progressing. - FY2026-H1AdvancedAnnual report
「This was primarily due to cash outflows of ¥986.576 million for income taxes and other taxes and ¥975.356 million resulting from an increase in rental assets, despite the recognition of ¥2,787.172 million in profit before income taxes for the interim period, among other factors.」
The company incurred ¥975.356 million in expenditure to increase rental assets, and expansion of the asset base of the real estate leasing business continued during the interim period. - FY2025Decrease in rental real estate renovation spendingAnnual report
「The principal increase during the fiscal year was ¥7.596 million in renovation work, while the principal decrease was ¥56.643 million in depreciation expense.」
The company carried out ¥7.596 million of renovation work on rental real estate, while investment declined from ¥69.368 million in renovation work in the previous fiscal year. - FY2024Renovation of rental real estateAnnual report
「The principal increases during the period were a ¥69.368 million increase in rental real estate due to restoration and renovation costs, and a ¥24.534 million increase in vehicles and transportation equipment due to the acquisition of company-owned vehicles.」
Rather than acquiring new properties, the company spent ¥69.368 million on restoring and renovating rental real estate, advancing the maintenance and improvement of existing rental assets. - FY2023AdvancedAnnual report
「This was primarily due to an increase of ¥3,852.043 million in rental real estate from the acquisition of new income-producing properties as part of efforts to strengthen the real estate business, as well as increases in property, plant and equipment and intangible assets associated with the replacement of servers for the core system, among other factors.」
Rental real estate increased by ¥3,852.043 million through the acquisition of new income-producing properties, advancing the asset base and monetization of the real estate leasing business. - FY2023-Q3First statedAnnual report
「Fixed assets As of the end of the third quarter accounting period, fixed assets totaled ¥4,638.932 million, an increase of ¥3,887.776 million, or 517.6%, from ¥751.155 million at the end of the previous fiscal year. This was primarily due to an increase in property, plant and equipment resulting from the acquisition of rental real estate, among other factors.」
The company has for the first time disclosed that property, plant and equipment increased as a result of acquiring rental real estate. Fixed assets increased by ¥3,887.776 million, or 517.6%, from the end of the previous fiscal year.