Decline in rental income and revenue due to the sale of rental accommodation facilities
First written in FY2018-Q1. 10 of 28 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Revenue from the real estate leasing business was ¥174 million (¥172 million in the previous period), and revenue from the real estate management business was ¥258 million (¥211 million in the previous period), for total revenue of ¥433 million (¥383 million in the previous period).」
Revenue from the real estate leasing business increased from ¥172 million to ¥174 million, while revenue from the real estate management business increased from ¥211 million to ¥258 million due to new property management contracts and property turnover. - FY2026-H1AdvancedAnnual report
「Revenue in the real estate leasing business increased by ¥1 million from the previous interim consolidated accounting period. Segment profit and loss also improved by ¥2 million from the previous interim consolidated accounting period.」
Interim revenue from the real estate leasing business increased from ¥85 million to ¥87 million, while the segment loss narrowed from ¥4 million to ¥2 million. - FY2025-H1AdvancedAnnual report
「Revenue from the real estate leasing business increased by ¥5 million from the previous interim consolidated accounting period to ¥85 million, while revenue from the real estate management business increased by ¥10 million to ¥100 million. Total revenue increased by ¥16 million to ¥186 million.」
Revenue from the real estate leasing business increased from ¥80 million to ¥85 million, revenue from the real estate management business increased from ¥90 million to ¥100 million, and total revenue increased from ¥170 million to ¥186 million. - FY2024AdvancedAnnual report
「During the current consolidated fiscal year, the Group entered into new real estate lease agreements and a new real estate management outsourcing agreement. Revenue from the real estate leasing business increased by ¥4 million and revenue from the real estate management business by ¥5 million from the previous consolidated fiscal year, bringing total revenue to ¥349 million, an increase of ¥9 million.」
New lease agreements and property management contracts increased revenue from the real estate leasing business to ¥165 million and revenue from the real estate management business to ¥183 million, increasing the track record of both businesses as sources of earnings. - FY2024-Q2Update to half-year revenue mixAnnual report
「Revenue from the real estate leasing business decreased by ¥2 million year on year to ¥80 million, while revenue from the real estate management business decreased by ¥1 million to ¥90 million. Total revenue decreased by ¥4 million to ¥170 million.」
Revenue from the real estate leasing business decreased by ¥2 million year on year to ¥80 million, while revenue from the real estate management business decreased by ¥1 million to ¥90 million. Total revenue decreased from ¥174 million to ¥170 million. - FY2024-Q1Update to the first-quarter revenue breakdownAnnual report
「Revenue from the real estate leasing business decreased by ¥2 million year on year to ¥39 million, while revenue from the real estate management business decreased by ¥2 million to ¥44 million. Total revenue decreased by ¥4 million to ¥83 million.」
Revenue from the real estate leasing business decreased from ¥41 million to ¥39 million, revenue from the real estate management business decreased from ¥46 million to ¥44 million, and total revenue decreased from ¥88 million to ¥83 million. - FY2023Update to annual revenue mixAnnual report
「In the fiscal year ended March 2021, revenue from the real estate leasing business decreased by ¥8 million from the previous fiscal year to ¥161 million, while revenue from the real estate management business decreased by ¥14 million to ¥178 million, mainly because part of the income-producing real estate was sold. Total revenue decreased by ¥22 million to ¥339 million.」
Revenue from the real estate leasing business decreased from ¥169 million to ¥161 million, while revenue from the real estate management business decreased from ¥193 million to ¥178 million. Total revenue decreased from ¥362 million to ¥339 million. - FY2023-Q3Update to third-quarter revenue mixAnnual report
「In December 2021, revenue from the real estate leasing business decreased by ¥5 million year on year to ¥122 million, while revenue from the real estate management business decreased by ¥9 million to ¥135 million, mainly because part of the income-producing real estate was sold. Total revenue was ¥257 million.」
Due mainly to the sale of part of the income-producing real estate, revenue from the real estate leasing business decreased by ¥5 million year on year to ¥122 million, while revenue from the real estate management business decreased by ¥9 million to ¥135 million. Total revenue decreased from ¥272 million to ¥257 million. - FY2023-Q2Update to half-year revenue mixAnnual report
「In December 2021, revenue from the real estate leasing business decreased by ¥2 million year on year to ¥83 million, while revenue from the real estate management business decreased by ¥2 million to ¥91 million, mainly because part of the income-producing real estate was sold. Total revenue was ¥174 million.」
Due mainly to the sale of part of the income-producing real estate, revenue from the real estate leasing business decreased by ¥2 million year on year to ¥83 million, while revenue from the real estate management business decreased by ¥2 million to ¥91 million. Total revenue was ¥174 million. - FY2023-Q1Update to the first-quarter revenue breakdownAnnual report
「In December 2021, revenue from the real estate leasing business decreased by ¥1 million year on year to ¥41 million, while revenue from the real estate management business increased by ¥1 million to ¥46 million, mainly because part of the income-producing real estate was sold. Total revenue was ¥88 million.」
Revenue from the real estate leasing business decreased by ¥1 million year on year to ¥41 million due to the sale of part of the income-producing real estate, while revenue from the real estate management business increased by ¥1 million to ¥46 million. Total revenue was ¥88 million. - FY2022Update to annual revenue mixAnnual report
「Due partly to the sale of some rental real estate in the previous consolidated fiscal year, real estate leasing business revenue declined by ¥5 million from the previous consolidated fiscal year to ¥169 million, while real estate management business revenue increased by ¥7 million to ¥193 million as the number of properties under management increased, resulting in total revenue of ¥362 million.」
Real estate leasing business revenue declined from ¥174 million to ¥169 million, while real estate management business revenue increased from ¥185 million to ¥193 million. Total revenue increased from ¥360 million to ¥362 million. - FY2022-Q3Update to third-quarter revenue mixAnnual report
「Due partly to the sale of rental real estate in the previous consolidated fiscal year, real estate leasing business revenue declined by ¥4 million year on year to ¥127 million, while real estate management business revenue increased by ¥9 million to ¥144 million as the number of properties under management increased, resulting in total revenue of ¥272 million.」
Real estate leasing business revenue declined by ¥4 million year on year to ¥127 million, while real estate management business revenue increased by ¥9 million to ¥144 million due to the increase in properties under management. Total revenue increased from ¥266 million to ¥272 million. - FY2022-Q2Update to half-year revenue mixAnnual report
「Because the Company sold rental real estate in the previous consolidated fiscal year, real estate leasing business revenue declined by ¥3 million year on year to ¥85 million, while real estate management business revenue increased by ¥2 million to ¥94 million, resulting in total revenue of ¥179 million.」
Real estate leasing business revenue declined by ¥3 million year on year to ¥85 million due to the sale of rental real estate, while real estate management business revenue increased by ¥2 million to ¥94 million. Total revenue was ¥179 million. - FY2022-Q1Update to revenue declineAnnual report
「Because the Company sold rental real estate, real estate leasing business revenue declined by ¥2 million year on year to ¥42 million, real estate management business revenue declined by ¥1 million to ¥44 million, and total revenue was ¥87 million.」
Due to the sale of rental real estate, real estate leasing business revenue declined by ¥2 million year on year, real estate management business revenue declined by ¥1 million, and total revenue declined from ¥90 million to ¥87 million. - FY2021AdvancedAnnual report
「In the previous consolidated fiscal year, the addition of 1 consolidated subsidiary increased real estate leasing business revenue by ¥8 million year on year to ¥174 million and real estate management business revenue by ¥57 million to ¥185 million, resulting in total revenue of ¥360 million.」
Real estate leasing business revenue increased from ¥166 million to ¥174 million, real estate management business revenue increased from ¥128 million to ¥185 million, and total revenue increased from ¥294 million to ¥360 million. - FY2021-Q2AdvancedAnnual report
「In the previous consolidated fiscal year, real estate leasing business revenue increased by ¥11 million as a result of acquiring 1 consolidated subsidiary. The Company also began recording revenue from its real estate management business, resulting in an increase of ¥92 million.」
In addition to ¥88 million in real estate leasing business revenue, the Company recorded ¥92 million in real estate management business revenue. The half-year cumulative results confirm a revenue mix based on management business income in addition to rental income. - FY2020AdvancedAnnual report
「The Company continues to record stable real estate leasing revenue from rental properties, as well as newly recording revenue from its real estate management business.」
In addition to ¥166 million in real estate leasing business revenue from rental properties, the Company recorded ¥128 million in real estate management business revenue. - FY2020-Q3RestatedAnnual report
「Real estate leasing business revenue: ¥121 million (¥108 million in the same quarter of the previous year)」
This reconfirms that the Company continues to record income from its real estate leasing business after selling the rental accommodation facilities. - FY2020-Q2RestatedAnnual report
「The Company continues to record rental income as revenue.」
This reconfirms that the Company continues to record rental income following the acquisition of FRE Asset Management Co., Ltd. - FY2020-Q1RestatedAnnual report
「The Company continues to record rental income as revenue.」
This reconfirms that the Company continues to record rental income after selling the rental accommodation facilities. - FY2019RestatedAnnual report
「The Company continues to record stable rental income from rental properties as revenue.」
This reconfirms the business structure of continuing to record income from rental properties. Operating revenue from rental properties was ¥140 million in the current period. - FY2019-Q3RestatedAnnual report
「The Company continues to record rental income as revenue.」
This reconfirms that the Company continues to record rental income after selling the rental accommodation facilities. - FY2019-Q2RestatedAnnual report
「The Company continues to record rental income as revenue.」
This reconfirms that the Company continues to record rental income from rental properties. - FY2019-Q1RestatedAnnual report
「The Company continues to record rental income as revenue.」
This reconfirms that the Company continues to record rental income after selling the rental accommodation facilities. - FY2018RestatedAnnual report
「The Company continues to record stable rental income from rental properties as revenue. It also recorded a gain on the sale of fixed assets from the sale of fixed assets.」
The Company continues to record rental income after selling the rental accommodation facilities, but operating revenue from those facilities declined from ¥101 million in the previous fiscal year to ¥18 million. - FY2018-Q3RestatedAnnual report
「The sale of rental accommodation facilities during the first-quarter year-to-date period reduced rental income.」
This reconfirms that the sale of rental accommodation facilities reduced rental income. - FY2018-Q2RestatedAnnual report
「The sale of rental accommodation facilities during the first-quarter year-to-date period reduced rental income and revenue.」
This reconfirms that the sale of rental accommodation facilities reduced rental income and revenue. - FY2018-Q1First statedAnnual report
「Revenue declined because the Company sold rental accommodation facilities during the first-quarter year-to-date period, but it is working to launch new businesses with the aim of strengthening its earnings capacity by expanding its operating base. In addition, the sale of rental accommodation facilities during the first-quarter year-to-date period reduced rental income and, consequently, revenue.」
The decline in rental income and revenue due to the sale of rental accommodation facilities is described both in the going-concern discussion and in the sales results.