Profitability of the Real Estate Business
First written in FY2016-Q3. 4 of 7 entries say "Advanced", first in FY2016. Latest entry: FY2018-Q1.
0 other companies' latest entry also says "Dropped".
- FY2018-Q1DroppedAnnual report
「Accordingly, from the first quarter of the current consolidated fiscal year, BLSHD and its 5 subsidiaries were excluded from the scope of consolidation, and the Group ceased operating a real estate business.」
Following the transfer of the BLS Group shares and its exclusion from consolidation, the Group no longer operated its former real estate business. - FY2017AdvancedAnnual report
「Revenue from the real estate business was ¥4,713 million, down 5.2% from the previous consolidated fiscal year, while segment profit was ¥149 million, up 43.7%.」
Housing sales declined, but segment profit increased to ¥149 million, reflecting trends in real estate brokerage and management services. The business was transferred on 31 October 2017. - FY2017-Q3AdvancedAnnual report
「As detached-home sales increased and margins improved, revenue from the real estate business was ¥3,603 million, up 1.3% year on year, and segment income was ¥107 million, up 183.8%.」
Increased housing sales and improved margins resulted in segment income of ¥107 million, up from ¥74 million in the previous quarterly report. - FY2017-Q2AdvancedAnnual report
「Revenue from the real estate business was ¥2,003 million, down 3.3% year on year, and segment income was ¥74 million, compared with a segment loss of ¥17 million in the same period of the previous year.」
Although revenue declined year on year, improved margins turned the segment loss into income of ¥74 million. - FY2017-Q1WorsenedAnnual report
「Although the company strengthened its procurement for housing sales, many properties were scheduled for completion or procurement in the second and third quarters. As a result, revenue from the real estate business fell 33.3% year on year to ¥873 million, and the segment loss was ¥0 million, compared with segment income of ¥13 million in the same period of the previous year.」
The real estate business turned from segment income of ¥13 million in the same period of the previous year to a segment loss of ¥0 million in the current quarter, while revenue also fell 33.3% year on year. - FY2016AdvancedAnnual report
「Revenue from the real estate business was ¥4,972 million, up 47.5% from the previous consolidated fiscal year, and operating income was ¥103 million, compared with an operating loss of ¥80 million in the previous consolidated fiscal year.」
Following the quarterly return to profitability, the company posted full-year operating income of ¥103 million, maintaining profitability after an operating loss in the previous fiscal year. - FY2016-Q3First statedAnnual report
「As a result, revenue from the real estate business was ¥3,557 million, up 60.7% year on year, and operating income was ¥37 million, compared with an operating loss of ¥45 million in the same period of the previous year, turning profitable.」
The real estate business turned from an operating loss in the same period of the previous year to operating income, driven by increased detached-home sales and a review of expenses.