Asset growth driven by increased real estate held for sale and interest-bearing debt
First written in FY2019-Q2. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
11 other companies' latest entry also says "Other".
- FY2026Assets and interest-bearing debt continue to increaseAnnual report
「End of the previous fiscal year: assets ¥419,541 million, liabilities ¥301,541 million, net assets ¥117,999 million, interest-bearing debt ¥254,072 million. End of the fiscal year: assets ¥451,838 million, liabilities ¥325,075 million, net assets ¥126,763 million, interest-bearing debt ¥272,683 million.」
Total assets increased by ¥32,297 million, total liabilities by ¥23,533 million and interest-bearing debt by ¥18,610 million. The expansion of assets and liabilities continued due to investments in the Sapporo redevelopment and hotel construction, among other factors. - FY2026-H1Increase in total assets and interest-bearing debtAnnual report
「The status of assets, liabilities, net assets and interest-bearing debt at the end of the interim consolidated accounting period was as follows.」
Total assets increased by ¥12,836 million from the end of the previous fiscal year, total liabilities by ¥7,522 million and interest-bearing debt by ¥4,343 million. Assets and liabilities expanded due to payments for the Sapporo redevelopment and the Kabutocho hotel, among other factors. - FY2025Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the fiscal year, total assets were ¥405,979 million, total liabilities were ¥280,334 million, net assets were ¥125,645 million and interest-bearing debt was ¥231,323 million. At the end of the fiscal year, total assets were ¥419,541 million, total liabilities were ¥301,541 million, net assets were ¥117,999 million and interest-bearing debt was ¥254,072 million.」
Total assets increased by ¥13,561 million and interest-bearing debt by ¥22,749 million, with assets and liabilities expanding against a backdrop of redevelopment investments and new property acquisitions. - FY2025-H1Decrease in total assets and interest-bearing debtAnnual report
「The status of assets, liabilities, net assets and interest-bearing debt at the end of the interim consolidated accounting period was as follows. End of the previous fiscal year: assets ¥405,979 million, liabilities ¥280,334 million, net assets ¥125,645 million, interest-bearing debt ¥231,323 million. End of the interim consolidated accounting period: assets ¥390,141 million, liabilities ¥275,233 million, net assets ¥114,908 million, interest-bearing debt ¥228,619 million.」
Total assets decreased by ¥15,837 million, total liabilities by ¥5,100 million and interest-bearing debt by ¥2,703 million. Net assets also decreased due to the acquisition of treasury shares. - FY2024Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the fiscal year, total assets were ¥405,979 million, total liabilities were ¥280,334 million, net assets were ¥125,645 million and interest-bearing debt was ¥231,323 million.」
From the end of the previous fiscal year, total assets increased by ¥7,645 million, total liabilities by ¥1,324 million, net assets by ¥6,321 million and interest-bearing debt by ¥4,428 million. - FY2024-Q3Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the third quarter, total assets were ¥400,466 million, an increase of ¥2,133 million from the end of the previous fiscal year. This was due mainly to increases of ¥7,031 million in property, plant and equipment associated with payments for construction costs for Caption by Hyatt Kabutocho Tokyo (Chuo-ku, Tokyo), the acquisition of Prezio Shin-Osaka ROUGE (Osaka, Osaka) and other factors, and ¥519 million in work in progress for sale, despite a ¥6,511 million decrease in real estate for sale, among other factors. Total liabilities were ¥278,042 million, a decrease of ¥967 million. This was mainly due to a ¥4,139 million increase in interest-bearing debt, despite a ¥4,830 million decrease in operating accounts payable, among other factors.」
Total assets increased by ¥2,133 million from the end of the previous fiscal year, while interest-bearing debt increased by ¥4,139 million. A decrease in real estate for sale coexisted with increases in fixed assets related to redevelopment investments and new property acquisitions. - FY2024-Q2Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the second quarter, total assets were ¥404,700 million, an increase of ¥6,367 million from the end of the previous fiscal year. Total liabilities were ¥280,211 million, an increase of ¥1,202 million. This was due mainly to a ¥2,656 million increase in interest-bearing debt, despite a ¥3,398 million decrease in operating accounts payable, among other factors.」
Total assets increased by ¥6,367 million from the end of the previous fiscal year, while interest-bearing debt increased by ¥2,656 million. A decrease in real estate for sale coexisted with increases in cash and redevelopment-related fixed assets. - FY2024-Q1Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the first quarter, total assets were ¥400,426 million, an increase of ¥2,093 million from the end of the previous fiscal year. This was due mainly to an increase of ¥2,361 million in property, plant and equipment associated with payments for construction costs for Caption by Hyatt Kabutocho Tokyo (Chuo-ku, Tokyo) and other factors, despite a ¥3,119 million decrease in real estate for sale, among other factors.」
Total assets increased by ¥2,093 million from the end of the previous fiscal year, while interest-bearing debt also increased by ¥2,608 million. A decrease in real estate for sale coexisted with increases in cash and development-related fixed assets. - FY2023Resumption of increases in total assets and interest-bearing debtAnnual report
「At the end of the fiscal year, total assets were ¥398,333 million, an increase of ¥22,123 million from the end of the previous fiscal year. The balance of interest-bearing debt was ¥226,895 million, an increase of ¥20,659 million.」
The decline in total assets and interest-bearing debt in the previous fiscal year was reversed, with both increasing against a backdrop of acquisitions including Higashi-Yaesu City Building. - FY2023-Q3Reversal to increases in total assets and interest-bearing debtAnnual report
「At the end of the third quarter, total assets were ¥385,307 million, an increase of ¥9,097 million from the end of the previous fiscal year. Total liabilities were ¥268,985 million, an increase of ¥12,054 million. This was mainly due to a ¥14,871 million increase in interest-bearing debt, among other factors.」
Total assets increased by ¥9,097 million and interest-bearing debt by ¥14,871 million from the end of the previous fiscal year, reversing the declining trend in total assets and interest-bearing debt through the previous quarter. - FY2023-Q2Shift to a decrease in total assets and a slight increase in interest-bearing debtAnnual report
「At the end of the second quarter, total assets were ¥372,440 million, a decrease of ¥3,769 million from the end of the previous fiscal year. This was due mainly to decreases of ¥9,213 million in real estate for sale and ¥2,570 million in investment securities, despite an ¥8,834 million increase in property, plant and equipment associated with the acquisition of Higashi-Yaesu City Building (Chuo-ku, Tokyo) and other properties and payments for construction costs on existing properties.」
Total assets decreased by ¥3,769 million from the end of the previous fiscal year, while interest-bearing debt increased by ¥960 million. Property acquisitions and construction-cost payments coexisted with a decrease in real estate for sale. - FY2023-Q1Continued decreases in total assets and interest-bearing debtAnnual report
「At the end of the first quarter, total assets were ¥368,176 million, a decrease of ¥8,033 million from the end of the previous fiscal year. This was mainly due to decreases of ¥9,133 million in real estate for sale and ¥2,071 million in investment securities, despite a ¥1,588 million increase in property, plant and equipment associated with property acquisitions, payments for construction costs on existing properties and other factors.」
Total assets decreased by ¥8,033 million from the end of the previous fiscal year, and real estate for sale also decreased by ¥9,133 million. Interest-bearing debt decreased by ¥1,487 million, extending the declining trend following increases in total assets and liabilities through the previous quarter. - FY2022-Q3Continued decreases in total assets and interest-bearing debtAnnual report
「At the end of the third quarter, total assets were ¥369,930 million, a decrease of ¥11,422 million from the end of the previous fiscal year. Total liabilities were ¥250,782 million, a decrease of ¥11,930 million. This was mainly due to a ¥14,124 million decrease in interest-bearing debt, among other factors.」
Total assets decreased by ¥11,422 million and interest-bearing debt by ¥14,124 million, confirming the continued decreases in total assets and interest-bearing debt from the previous quarter. Real estate for sale also decreased by ¥19,016 million. - FY2022-Q2Continued decreases in total assets and interest-bearing debtAnnual report
「At the end of the second quarter, total assets were ¥376,256 million, a decrease of ¥5,096 million from the end of the previous fiscal year. This was due mainly to increases of ¥9,194 million in property, plant and equipment associated with payments for construction costs for KABUTO ONE, the acquisition of Kabutocho Heiwa Daiya Building (Chuo-ku, Tokyo) and other factors, and ¥3,574 million in investment securities, despite a ¥20,025 million decrease in real estate for sale. Total liabilities were ¥254,758 million, a decrease of ¥7,955 million. This was mainly due to a ¥12,577 million decrease in interest-bearing debt, despite increases of ¥1,807 million in operating accounts payable and ¥1,905 million in income taxes payable, among other factors.」
Total assets decreased by ¥5,096 million from the end of the previous fiscal year, while interest-bearing debt decreased by ¥12,577 million. The declining trend following previous increases in total assets and interest-bearing debt continued, due to the decrease in real estate for sale and the repayment of long-term borrowings. - FY2022-Q1Shift to decreases in total assets and interest-bearing debtAnnual report
「At the end of the first quarter, total assets were ¥368,795 million, a decrease of ¥12,557 million from the end of the previous fiscal year. This was due mainly to a ¥23,748 million decrease in real estate for sale, despite increases of ¥2,189 million in property, plant and equipment associated with payments for construction costs for KABUTO ONE and other factors, ¥3,162 million in cash and deposits, and ¥3,344 million in investment securities. Total liabilities were ¥247,943 million, a decrease of ¥14,770 million. This was mainly due to a ¥16,488 million decrease in interest-bearing debt, despite an ¥1,174 million increase in income taxes payable, among other factors.」
The trend changed from increases in total assets and interest-bearing debt through the previous fiscal year, with total assets decreasing by ¥12,557 million and interest-bearing debt by ¥16,488 million. The sale and decrease of real estate for sale contributed to the reduction in assets. - FY2021-Q3Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the third quarter, total assets were ¥366,772 million, an increase of ¥27,226 million from the end of the previous fiscal year. Total liabilities were ¥251,904 million, an increase of ¥19,660 million. This was mainly due to a ¥20,771 million increase in interest-bearing debt, among other factors.」
At the end of the third quarter, total assets increased by ¥27,226 million, total liabilities by ¥19,660 million and interest-bearing debt by ¥20,771 million from the end of the previous fiscal year. - FY2021-Q2Increase in total assets and interest-bearing debtAnnual report
「At the end of the second quarter, total assets were ¥357,772 million, an increase of ¥18,226 million from the end of the previous fiscal year. Total liabilities were ¥243,988 million, an increase of ¥11,744 million. This was mainly due to a ¥12,937 million increase in interest-bearing debt, among other factors.」
Total assets increased by ¥18,226 million from the end of the previous fiscal year, while interest-bearing debt increased by ¥12,937 million. Asset expansion and increased borrowings resulted from the acquisition of Kabutocho No. 7 Heiwa Building, Shinbashi Square Building and other properties. - FY2021-Q1Resumption of increases in total assets and interest-bearing debtAnnual report
「At the end of the first quarter, total assets were ¥346,162 million, an increase of ¥6,616 million from the end of the previous fiscal year. This was due mainly to a ¥10,565 million increase in property, plant and equipment associated with the acquisition of Kabutocho No. 7 Heiwa Building (Chuo-ku, Tokyo) and payments for construction costs for KABUTO ONE (Chuo-ku, Tokyo), as well as increases of ¥4,288 million in cash and deposits and ¥2,742 million in investment securities, despite a ¥11,988 million decrease in securities, among other factors.」
Total assets increased by ¥6,616 million from the end of the previous fiscal year, while interest-bearing debt increased by ¥8,128 million, from ¥186,977 million to ¥195,106 million. The acquisition of Kabutocho No. 7 Heiwa Building and other factors drove asset expansion. - FY2020-Q3Shift to increases in total assets and interest-bearing debtAnnual report
「At the end of the third quarter, total assets were ¥340,952 million, an increase of ¥5,380 million from the end of the previous fiscal year. This was due mainly to increases of ¥8,061 million in property, plant and equipment associated with the acquisition of Sorala Plaza (Sendai, Miyagi) and other factors, and ¥10,002 million in securities, despite a ¥12,724 million decrease in real estate for sale, among other factors. Interest-bearing debt increased by ¥2,072 million, from ¥184,672 million to ¥186,745 million.」
The trend changed from a decrease in interest-bearing debt in the second quarter, with total assets increasing by ¥5,380 million and interest-bearing debt by ¥2,072 million from the end of the previous fiscal year. - FY2020-Q2Shift to an increase in total assets and a decrease in interest-bearing debtAnnual report
「At the end of the second quarter, total assets were ¥337,951 million, an increase of ¥2,379 million from the end of the previous fiscal year. This was due mainly to increases of ¥7,220 million in property, plant and equipment associated with the acquisition of Sorala Plaza (Sendai, Miyagi) and other factors, ¥6,000 million in securities, and ¥941 million in cash and deposits, despite a ¥12,642 million decrease in real estate for sale, among other factors.」
The trend changed from decreases in total assets and interest-bearing debt in the previous quarter. Total assets increased by ¥2,379 million from the end of the previous fiscal year, while interest-bearing debt decreased by ¥792 million. - FY2020-Q1Decrease in total assets and interest-bearing debtAnnual report
「At the end of the first quarter, total assets were ¥331,802 million, a decrease of ¥3,769 million from the end of the previous fiscal year. This was mainly due to decreases of ¥2,198 million in real estate for sale and ¥1,677 million in investment securities, among other factors.」
The trend changed from increases in total assets and interest-bearing debt through the previous quarter, with total assets decreasing by ¥3,769 million and interest-bearing debt by ¥3,733 million in the current quarter. - FY2019-Q3Assets and interest-bearing debt continue to increaseAnnual report
「At the end of the third quarter, total assets were ¥326,943 million, an increase of ¥26,700 million from the end of the previous fiscal year. This was due mainly to increases of ¥20,553 million in real estate for sale, including ASIL Sapporo (Sapporo, Hokkaido) and Ginza Dowa Building (Chuo-ku, Tokyo), and ¥10,600 million in securities, despite a ¥5,509 million decrease in property, plant and equipment mainly from the sale of Higashi-Osaka Hanazono Shopping Center (Higashi-Osaka, Osaka) and other factors. Total liabilities were ¥220,304 million, an increase of ¥24,962 million. This was mainly due to a ¥24,895 million increase in interest-bearing debt.」
At the end of the third quarter, total assets increased by ¥26.7 billion and interest-bearing debt by ¥24.895 billion from the end of the previous fiscal year, as asset expansion through the acquisition and accumulation of real estate for sale and borrowings continued. - FY2019-Q2First statedAnnual report
「Total assets at the end of the second-quarter consolidated accounting period were ¥323.398 billion, an increase of ¥23.155 billion from the end of the previous consolidated fiscal year. This reflected, among other factors, a ¥7.971 billion decrease in property, plant and equipment due to the sale of Higashi-Osaka Hanazono Shopping Center in Higashi-Osaka, Osaka, offset by increases of ¥20.681 billion in properties for sale, ¥4.862 billion in cash and deposits, ¥2.6 billion in securities and ¥2.107 billion in investment securities, mainly due to the acquisition of ASIL Sapporo in Sapporo, Hokkaido, and Ginzadohwa Building in Chuo-ku, Tokyo. Total liabilities at the end of the second-quarter consolidated accounting period were ¥216.972 billion, an increase of ¥21.630 billion from the end of the previous consolidated fiscal year, mainly due to a ¥21.372 billion increase in interest-bearing debt.」
At the end of the second quarter, total assets increased by ¥23.155 billion and interest-bearing debt by ¥21.372 billion, confirming asset expansion through the acquisition and accumulation of real estate for sale, funded by borrowings.