Komori
Heiwa Real Estate (8803) · TargetAdvanced

Expansion of the Building Leasing Business

First written in FY2017-Q1. 14 of 28 entries say "Advanced", first in FY2023. Latest entry: 2026-10-09.

28entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q1RestatedFY2021-Q2 – FY2022-Q3AdvancedFY2023 – 2026-10-092016: 220162017: 320172018: 320182019: 220192020: 220202021: 120212022: 120222023: 320232024: 320242025: 220252026: 62026
Same theme, other companies

The whole theme swung hardest in 2021: 1 of 11 companies on the "Worse" side.

6 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-09Advancedwww.shibukei.com

    「The development of the HF Residence series by the Company has now reached its 10th property with HF Oshiage Residence II.」

    The development of the HF Residence series has reached its 10th property, demonstrating tangible progress in the expansion of the rental business.
  2. 2026-07-31AdvancedInvestor presentation

    「Revenue increased due to higher hotel revenue and higher rental revenue following rent revisions, among other factors.」

    Rental revenue in the Building Business increased 11.9% year on year and hotel revenue increased 84.6%, concretely demonstrating expansion driven by hotel revenue and rent revisions.
  3. FY2026AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥28.932 billion, up 5.1% from the previous fiscal year, due mainly to revenue contributions from Caption by Hyatt Kabutocho Tokyo (Chuo-ku, Tokyo) and Mercure Tokyo Hibiya (Chiyoda-ku, Tokyo), which opened during the fiscal year, and increased rental revenue from rent increases and revisions. Property sale revenue was ¥15.675 billion, up 74.8%, due to an increase in sales of real estate held for sale.」

    Rental revenue increased 5.1% from the previous fiscal year, and property sale revenue increased 74.8%, due to hotel openings, rent increases and revisions, and an increase in sales of real estate held for sale.
  4. FY2026-H1AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥14.028 billion, up ¥391 million, or 2.9% year on year, due mainly to higher hotel revenue, increased rental revenue from rent increases and revisions, and revenue contributions from the ORSUS series acquired in the previous fiscal year. Property sale revenue was ¥4.825 billion, up ¥2.160 billion, or 81.1%, due to an increase in sales of inventories. Including Other, net sales in this business were ¥19.733 billion, up ¥2.725 billion, or 16.0%, and operating income was ¥5.597 billion, up ¥303 million, or 5.7%.」

    Regarding expansion of the building leasing business, rental revenue increased 2.9% year on year due to hotel revenue, rent increases and revisions, and revenue contributions from the ORSUS series, while property sale revenue increased 81.1%.
  5. FY2025AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥27.517 billion, up ¥1.135 billion, or 4.3% from the previous fiscal year, due mainly to revenue contributions from Mercure Tokyo Hibiya (Chiyoda-ku, Tokyo), which opened in the previous fiscal year, rental revenue contributions from properties acquired in the previous fiscal year, and increased rental revenue from the re-leasing of vacant space and rent increases and revisions.」

    Rental revenue was ¥27.517 billion, up 4.3% from the previous fiscal year, due to the hotel opening, revenue contributions from acquired properties, the re-leasing of vacant space, and rent increases and revisions.
  6. FY2025-H1AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥13.637 billion, up ¥611 million, or 4.7% year on year, due mainly to revenue contributions from Mercure Tokyo Hibiya, which opened in the previous fiscal year, and ORSUS Shin-Osaka and ORSUS Togoshiginza, which were acquired and completed in the previous fiscal year, as well as increased rental revenue from a decline in vacancies and rent increases and revisions.」

    Rental revenue for the current interim consolidated accounting period increased 4.7% year on year, due to revenue contributions from Mercure Tokyo Hibiya, ORSUS Shin-Osaka, and ORSUS Togoshiginza, a decline in vacancies, and rent increases and revisions.
  7. FY2024AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥26.382 billion, up ¥1.251 billion, or 5.0% from the previous fiscal year, due mainly to rental revenue contributions from Heiwa Real Estate Nagoya Fushimi Building (Nagoya, Aichi) and Heiwa Real Estate Sakuradori Building (Nagoya, Aichi), which were acquired in the previous fiscal year, and increased rental revenue from the re-leasing of vacant space.」

    Rental revenue in the Building Business was ¥26.382 billion, up 5.0% from the previous fiscal year, due to rental revenue contributions from acquired properties and the re-leasing of vacant space.
  8. FY2024-Q3AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥19.478 billion, up ¥1.260 billion, or 6.9% year on year, due mainly to rental revenue contributions from Heiwa Real Estate Nagoya Fushimi Building (Nagoya, Aichi) and Addit Sakuradori (Nagoya, Aichi), which were acquired in the previous fiscal year, and increased rental revenue from the re-leasing of vacant space.」

    Rental revenue in the Building Business was ¥19.478 billion, up 6.9% year on year, due to rental revenue contributions from acquired properties and the re-leasing of vacant space.
  9. FY2024-Q2AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥13.025 billion, up ¥1.047 billion, or 8.7% year on year, due mainly to rental revenue contributions from Heiwa Real Estate Nagoya Fushimi Building (Nagoya, Aichi) and Addit Sakuradori (Nagoya, Aichi), which were acquired in the previous fiscal year, and increased rental revenue from the re-leasing of vacant space.」

    Regarding expansion of the Building Business, rental revenue increased 8.7% year on year due to rental revenue contributions from Heiwa Real Estate Nagoya Fushimi Building and Addit Sakuradori and the re-leasing of vacant space.
  10. FY2024-Q1AdvancedAnnual report

    「Within the Building Business, rental revenue was ¥6.546 billion, up ¥534 million, or 8.9% year on year, due mainly to rental revenue contributions from Higashi Yaesu City Building (Chuo-ku, Tokyo), Daiei Building (Nagoya, Aichi), and Addit Sakuradori (Nagoya, Aichi), which were acquired in the previous fiscal year.」

    Rental revenue in the Building Business was ¥6.546 billion, up 8.9% year on year, supported by rental revenue contributions from 3 properties acquired in the previous fiscal year and other factors.
  11. FY2023AdvancedAnnual report

    「During the consolidated fiscal year, we pursued external growth through the acquisition of Higashi Yaesu City Building (Chuo-ku, Tokyo), Daiei Building (Nagoya, Aichi), and Addit Sakuradori (Nagoya, Aichi), among others, as well as internal growth through rent increases and revisions.」

    As external growth in the Building Business, we acquired Higashi Yaesu City Building, Daiei Building, Addit Sakuradori, and other properties, while also pursuing internal growth through rent increases and revisions.
  12. FY2022-Q3RestatedAnnual report

    「As a strategy under our medium-term management plan, we have established the objective of “building up the portfolio through the acquisition of new rental assets while generating gains on property sales during the portfolio replacement process.”」

    The acquisition of new rental assets and generation of gains on property sales through portfolio replacement continue to be identified as strategies under the medium-term management plan.
  13. FY2022-Q1RestatedAnnual report

    「As a strategy under our medium-term management plan, we have established the objective of “building up the portfolio through the acquisition of new rental assets while generating gains on property sales during the portfolio replacement process.”」

    The strategy of expanding the Building Business through the acquisition of new rental assets and portfolio replacement has been reaffirmed.
  14. FY2021-Q2RestatedAnnual report

    「In line with the business strategies of the Medium-Term Management Plan “Challenge & Progress,” announced on 30 April 2020, the Group worked to enhance corporate value through redevelopment projects, the Building Business, including external growth, and its asset management business.」

    The policy of pursuing the Building Business in line with a business strategy including external growth has been reaffirmed. The Building Business is the renamed building leasing business.
  15. FY2020ReframedAnnual report

    「We will build up the portfolio by acquiring new rental assets and generate gains on property sales during the portfolio replacement process. We will also seek to improve portfolio profitability by implementing rent increases and revisions based on trends in the office leasing market.」

    Expansion of the building leasing business has been given concrete form as external and internal growth through new asset acquisitions, portfolio replacement, gains on property sales, and rent increases and revisions.
  16. FY2020-Q1RestatedAnnual report

    「(2) Upgrading the building leasing business」

    Upgrading the building leasing business has been reiterated as a key strategy for Phase II.
  17. FY2019-Q3RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the “NEXT DECADE”” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  18. FY2019-Q2RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the “NEXT DECADE”” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  19. FY2019-Q1RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the “NEXT DECADE”” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  20. FY2018-Q3RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the “NEXT DECADE”” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  21. FY2018-Q2RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the ‘NEXT DECADE’” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  22. FY2018-Q1RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the ‘NEXT DECADE’” in April 2014.」

    The positioning of expansion of the building leasing business as a challenge under the medium- to long-term management plan has been reiterated.
  23. FY2017RestatedAnnual report

    「Aiming for sustained enhancement of corporate value through the upgrading of the building leasing business and other initiatives」

    Expansion of the building leasing business is described as “upgrading” and positioned as part of building the foundation for business growth in Phase II.
  24. FY2017-Q2RestatedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the ‘NEXT DECADE’” in April 2014.」

    There has been no change in positioning expansion of the building leasing business as a challenge under the medium- to long-term management plan.
  25. FY2017-Q1First statedAnnual report

    「As an action plan addressing the challenge of expanding the building leasing business, we formulated the “Medium- to Long-Term Management Plan over the ‘NEXT DECADE’” in April 2014.」

    The medium- to long-term management plan explicitly identifies expansion of the building leasing business as a challenge.
Moved together

"Growth through the acquisition and development of new buildings and their operation and management" moved the same way as this thread, in the same document, in 13 of its 28 moves.

131110877★123456
  1. ★This thread
  2. 1Growth through the acquisition and development of new buildings and their operation and management13×
  3. 2Expansion of Fee-Based Businesses, Including REIT Asset Management11×
  4. 3Medium- to Long-Term Consolidated Dividend Payout Ratio of Approximately 30% and Stable Shareholder Returns10×
  5. 4Rotation of Rental Business Assets and Strengthening of the Earnings Base8×
  6. 5Commercialization and Full-Scale Advancement of the Sapporo Redevelopment Project7×
  7. 6Completion of Phase 1 of the Nihombashi Kabutocho Revitalization Project7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Heiwa Real Estate's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Investor presentation of 2026-07-31: "Advanced".
Expansion of the Building Leasing Business | HEIWA REAL ESTATE CO.,LTD. (8803) | Komori