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Cosmos Initia (8844) · FactAdvancedLatest Earnings (2026-08-05): "Worsened"

Higher Revenue and Profit in the Solutions Business from Investment Property Sales and Corporate Brokerage

First written in FY2017-Q2. 18 of 35 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-05.

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ProgressHeldSoftenedWorseAdvancedFY2017-Q3 – FY2018AdvancedFY2025-H1 – 2026-05-122016: 12017: 420172018: 420182019: 420192020: 320202021: 420212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Growth of the solutions business through investment property sales and corporate real estate brokerageA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Worsened".

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  2. FY2025AdvancedAnnual report

    「In the Solutions Business, sales of income-producing properties and other assets declined due to a decrease in the number of buildings delivered, but improved gross profit margins resulted in higher profit, with revenue of ¥47.912 billion, down 2.1% from the previous consolidated fiscal year, and segment profit of ¥4.337 billion, up 67.0%.」

    Although sales of income-producing properties and other assets declined, the gross profit margin on whole-building properties improved from 10.9% to 16.5%, resulting in higher profit for the Solutions Business.
  3. FY2025-H1AdvancedAnnual report

    「In the Solutions Business, net sales of ¥25,077 million, up 20.9% year on year, and segment profit of ¥3,072 million, up 88.0%, were recorded, mainly due to higher sales of income-producing real estate and other properties and an improvement in the gross profit margin.」

    Higher sales of income-producing properties and other assets and improved margins resulted in higher revenue and profit for the Solutions Business. Revenue from whole-building properties increased from ¥11.991 billion to ¥15.715 billion, while the margin improved from 16.6% to 20.2%.
  4. FY2024WorsenedAnnual report

    「In the Solutions Business, net sales of ¥48,954 million, down 12.6% from the previous consolidated fiscal year, and segment profit of ¥2,596 million, down 51.8%, were recorded, mainly due to lower sales of income-producing real estate and other properties and a decline in the gross profit margin.」

    Lower revenue from sales of income-producing properties and other assets and a decline in the gross profit margin on whole-building properties to 10.9% resulted in lower revenue and profit for the Solutions Business.
  5. FY2024-Q3AdvancedAnnual report

    「In the Solutions Business, revenue of ¥34.521 billion, up 20.3% year on year, and segment profit of ¥2.353 billion, up 48.3%, were recorded due mainly to higher revenue from sales of income-generating real estate and other properties.」

    Revenue from sales of income-producing properties and other assets increased 35.7% year on year, resulting in revenue growth of 20.3% and segment profit growth of 48.3% for the Solutions Business.
  6. FY2024-Q2WorsenedAnnual report

    「In the Solutions Business, revenue of ¥20.743 billion, down 12.8% year on year, and segment profit of ¥1.634 billion, down 11.3%, were recorded due mainly to a decrease in the number of properties delivered in sales of income-generating real estate and other properties.」

    Due to a decline in the number of buildings delivered in sales of income-producing properties and other assets, the Solutions Business posted a 12.8% decline in revenue and an 11.3% decline in segment profit.
  7. FY2024-Q1AdvancedAnnual report

    「In the Solutions Business, mainly due to higher sales of income-producing properties and other assets, revenue was ¥8.005 billion, up 68.7% year on year, and segment profit was ¥447 million, compared with a segment loss of ¥323 million in the same period of the previous year.」

    Due to higher sales of income-producing properties and other assets, the Solutions Business swung from a loss of ¥323 million in the same period of the previous year to a profit of ¥447 million, while revenue increased 68.7%.
  8. FY2023WorsenedAnnual report

    「In the Solutions Business, revenue increased from sales of income-generating real estate and other properties. However, the gross margin on whole-building properties fell by 1.1 percentage points from the previous consolidated fiscal year to 15.6%, among other factors, resulting in revenue of ¥55.980 billion, up 10.9%, and segment profit of ¥5.386 billion, down 3.5%.」

    Sales of income-producing properties and other assets increased, but lower margins on whole-building properties resulted in lower profit for the Solutions Business.
  9. FY2023-Q3WorsenedAnnual report

    「In the Solutions Business, revenue increased from sales of income-generating real estate and other properties, but due mainly to the reaction to the delivery of high-profit properties in the same period of the previous year, revenue was ¥28.690 billion, up 3.2% year on year, while segment profit was ¥1.586 billion, down 42.2%.」

    Revenue increased 3.2% due to higher sales of income-producing properties and other assets, while segment profit declined 42.2% due mainly to the reaction to the delivery of high-margin properties in the same period of the previous year.
  10. FY2023-Q2WorsenedAnnual report

    「In the Solutions Business, sales of income-producing properties and other assets generated higher revenue, but the reaction to the delivery of high-margin properties in the same period of the previous year and other factors resulted in revenue of ¥23.783 billion, up 9.6% year on year, and segment profit of ¥1.842 billion, down 34.6%.」

    Revenue increased 9.6% due to higher sales of income-producing properties and other assets, while segment profit declined 34.6% due mainly to the reaction to the delivery of high-margin properties in the same period of the previous year.
  11. FY2023-Q1WorsenedAnnual report

    「In the Solutions Business, revenue of ¥4.744 billion, down 16.8% year on year, and a segment loss of ¥323 million were recorded, compared with segment profit of ¥449 million in the same period of the previous year, due mainly to lower revenue from sales of income-generating real estate and other properties.」

    Due mainly to lower revenue from sales of income-producing properties and other assets, revenue in the Solutions Business declined 16.8%, and the business swung from a profit in the same period of the previous year to a loss.
  12. FY2022AdvancedAnnual report

    「Revenue was ¥50.477 billion and segment profit was ¥5.58 billion, mainly due to an improvement in the gross profit margin for investment properties and other assets from 13.8% to 16.8%.」

    Although revenue from investment properties and other assets declined, the Solutions Business posted higher profit due to improved margins.
  13. FY2022-Q3Profit growth continued despite lower revenueAnnual report

    「In the Solutions Business, revenue from investment properties and other assets declined, but an improvement in the gross profit margin and other factors resulted in revenue of ¥27.801 billion, down 5.0% year on year, and segment profit of ¥2.744 billion, up 11.3%.」

    Revenue declined 5.0% due to lower revenue from investment properties and other assets, while segment profit increased 11.3% due to the improved gross profit margin.
  14. FY2022-Q2Profit Growth Despite Revenue DeclineAnnual report

    「In the Solutions Business, mainly due to an improvement in the gross profit margin for investment properties and other assets, revenue was ¥21.705 billion, down 2.0% year on year, while segment profit was ¥2.815 billion, up 17.5%.」

    Revenue in the Solutions Business declined 2.0%, while segment profit increased 17.5% due to an improvement in the gross profit margin for investment properties and other assets.
  15. FY2022-Q1WorsenedAnnual report

    「In the Solutions Business, revenue of ¥5.702 billion, down 45.9% year on year, and segment profit of ¥449 million, down 68.7%, were recorded due mainly to lower revenue from investment real estate and other properties and real estate brokerage and other operations.」

    Revenue from investment properties and other assets fell from ¥6.504 billion in the same period of the previous year to ¥1.605 billion, while revenue from real estate brokerage and other activities also declined, resulting in lower revenue and profit for the Solutions Business.
  16. FY2021AdvancedAnnual report

    「Mainly due to an increase in deliveries of whole-building properties in investment properties and other assets and an improvement in the gross profit margin, revenue was ¥52.35 billion, up 10.4% year on year, and segment profit was ¥5.174 billion, up 5.9%.」

    Deliveries of whole-building properties in investment properties and other assets increased from 19 to 21, while the gross profit margin improved from 12.6% to 13.8%, resulting in higher revenue and profit.
  17. FY2021-Q3WorsenedAnnual report

    「The Solutions business recorded revenue of ¥29.276 billion, down 12.6% year on year, and segment profit of ¥2.465 billion, down 42.1%, mainly because revenue from investment properties and other activities declined and high-margin investment property sales had been recorded in the same period of the previous year.」

    Due to lower revenue from investment properties and other assets, as well as the reaction to the high-margin sales recorded in the same period of the previous year, the Solutions Business posted a 12.6% decline in revenue and a 42.1% decline in segment profit.
  18. FY2021-Q2WorsenedAnnual report

    「The Solutions business recorded revenue of ¥22.138 billion, up 3.4% year on year, and segment profit of ¥2.396 billion, down 24.5%. Revenue increased from investment properties and other activities and property rental management and related activities, but profit declined due to lower real estate brokerage income and the absence of high-margin investment property sales recorded in the same period of the previous year.」

    Revenue increased 3.4% due to higher revenue from investment properties and other activities and property rental management and related activities, while lower real estate brokerage income and other factors reduced segment profit 24.5%.
  19. FY2021-Q1WorsenedAnnual report

    「The Solutions business recorded revenue of ¥10.549 billion, down 9.0% year on year, and segment profit of ¥1.438 billion, down 38.3%, mainly because revenue from investment properties and other activities and real estate brokerage and other services declined.」

    Lower revenue from investment properties and other activities and real estate brokerage and other services reduced Solutions revenue 9.0% and segment profit 38.3%.
  20. FY2020-Q3AdvancedAnnual report

    「The Solutions business recorded revenue of ¥33.479 billion, up 38.0% year on year, and segment profit of ¥4.255 billion, up 39.4%, mainly due to higher numbers of subleased units in property rental management and related activities and higher deliveries of single-building investment properties.」

    Higher numbers of subleased units and higher deliveries of single-building investment properties increased Solutions revenue 38.0% year on year and segment profit 39.4%.
  21. FY2020-Q2AdvancedAnnual report

    「The Solutions business recorded revenue of ¥21.417 billion, up 26.8% year on year, and segment profit of ¥3.173 billion, up 57.6%, mainly due to higher numbers of subleased units in property rental management and related activities and higher revenue from investment properties and other activities and real estate brokerage and other services.」

    Higher numbers of subleased units and higher revenue from investment properties and other activities and real estate brokerage and other services increased Solutions revenue 26.8% year on year and segment profit 57.6%.
  22. FY2020-Q1AdvancedAnnual report

    「The Solutions business recorded revenue of ¥11.586 billion, up 62.9% year on year, and segment profit of ¥2.333 billion, up 396.0%, mainly due to higher numbers of subleased units in property rental management and related activities and higher revenue from investment properties and other activities and real estate brokerage and other services.」

    Higher numbers of subleased units and higher revenue from investment properties and other activities and real estate brokerage and other services increased Solutions revenue 62.9% and segment profit 396.0%.
  23. FY2019AdvancedAnnual report

    「In the Solutions Business, revenue of ¥53.865 billion, up 13.0% year on year, and segment profit of ¥5.329 billion, up 9.6%, were recorded due mainly to increases in the number of subleased units in real estate subleasing and the number of whole-building investment real estate properties delivered, as well as the full-scale launch of hotel operations under the MIMARU series.」

    Progress in subleasing, single-building investment properties and MIMARU operations increased Solutions revenue 13.0% and segment profit 9.6%.
  24. FY2019-Q3WorsenedAnnual report

    「The Solutions business recorded revenue of ¥25.527 billion, down 5.6% year on year, and segment profit of ¥2.585 billion, down 11.3%. The number of subleased units increased and full-scale hotel operations under the MIMARU series began, but deliveries of single-building investment properties declined and selling, general and administrative expenses increased.」

    Although the number of subleased units increased and full-scale MIMARU series operations began, lower deliveries of single-building investment properties and higher selling, general and administrative expenses resulted in lower revenue and profit in the Solutions business.
  25. FY2019-Q2WorsenedAnnual report

    「The Solutions business recorded revenue of ¥17.520 billion, up 4.5% year on year, and segment profit of ¥1.664 billion, down 13.1%. The sublease vacancy rate improved 1.9 percentage points year on year to 2.9%, and the company began full-scale hotel operations under the MIMARU series, but this was accompanied by hotel opening costs.」

    Improved sublease vacancy rates and the launch of MIMARU series operations increased revenue, while hotel opening costs reduced segment profit 13.1%.
  26. FY2019-Q1WorsenedAnnual report

    「In the Solutions Business, revenue increased due to growth in the number of subleased units in real estate subleasing. However, revenue declined in investment real estate and other properties and corporate brokerage, among others, and the gross margin on investment real estate and other properties fell following the absence of the previous year's sale of highly profitable land. As a result, revenue was ¥7.354 billion, down 2.2% year on year, and segment profit was ¥347 million, down 68.7%.」

    Although the number of subleased units increased, lower revenue from investment properties and other activities and corporate brokerage, together with lower margins, resulted in lower revenue and profit in the Solutions business.
  27. FY2018AdvancedAnnual report

    「The Solutions business recorded revenue of ¥47.671 billion, up 67.3% year on year, and segment profit of ¥4.862 billion, up 73.7%, mainly due to a 0.4 percentage-point improvement in the condominium sublease vacancy rate to 2.5% and higher deliveries of investment properties and other properties.」

    Improvement in the sublease vacancy rate and higher deliveries of investment properties and other properties drove full-year revenue and profit growth in the Solutions business.
  28. FY2018-Q3AdvancedAnnual report

    「The Solutions business recorded revenue of ¥27.032 billion, up 61.6% year on year, and segment profit of ¥2.913 billion, up 77.0%, mainly because revenue from investment properties and other activities increased.」

    Higher revenue from investment properties and other activities increased Solutions revenue 61.6% and segment profit 77.0%.
  29. FY2018-Q2AdvancedAnnual report

    「The Solutions business recorded revenue of ¥16.772 billion, up 75.7% year on year, and segment profit of ¥1.915 billion, up 101.2%, mainly because revenue from investment properties and other activities increased.」

    Higher revenue from investment properties and other activities increased Solutions revenue 75.7% and segment profit 101.2%.
  30. FY2018-Q1AdvancedAnnual report

    「In the Solutions Business, revenue rose to ¥7.516 billion, up 93.3% year on year, and segment profit increased to ¥1.111 billion, up 301.3%, due mainly to higher revenue from investment real estate and other properties and steady performance in corporate brokerage.」

    Progress in investment property sales and other activities and corporate brokerage increased revenue and profit in the Solutions business year on year.
  31. FY2017AdvancedAnnual report

    「In the Solutions Business, the vacancy rate for condominium subleases improved by 1.5 percentage points from the previous consolidated fiscal year to 2.9%. Together with an increase in the number of investment real estate properties and other properties delivered, this resulted in revenue of ¥28.502 billion, up 29.3% year on year, and segment profit of ¥2.799 billion, up 102.2%.」

    Full-year revenue and profit in the Solutions business increased due to higher deliveries of investment properties and other properties and an improved sublease vacancy rate.
  32. FY2017-Q3AdvancedAnnual report

    「In the Solutions Business, revenue increased to ¥16.726 billion, up 15.5% year on year, and segment profit rose to ¥1.645 billion, up 125.2%, due mainly to an increase in the number of investment real estate properties and other properties delivered and steady performance in corporate brokerage.」

    Higher deliveries of investment properties and other properties, together with progress in corporate brokerage, further increased revenue and segment profit from Q2.
  33. FY2017-Q2First statedAnnual report

    「The Solutions business recorded revenue of ¥9.547 billion, up 13.1% year on year, and segment profit of ¥951 million, up 160.9%, mainly because sales of investment properties and corporate brokerage performed steadily.」

    Progress in investment property sales and corporate brokerage increased revenue and profit in the Solutions business.
Moved together

"Investment Property Development and Redevelopment of Existing Properties" moved the same way as this thread, in the same document, in 24 of its 35 moves.

241917151413★123456
  1. ★This thread
  2. 1Investment Property Development and Redevelopment of Existing Properties24×
  3. 2Nine-Month Revenue Growth and Operating Profit Improvement19×
  4. 3Expansion of New Construction, Existing Stock Revitalization, Renovation, and Post-Occupancy Services17×
  5. 4Expanding Revenue from Apartment Hotel Operations through the Establishment of a Hotel Operating Company15×
  6. 5Dependence on interest-bearing debt and interest-rate fluctuations14×
  7. 6Decline in Unit Deliveries and Gross Profit Margin for New Homes13×

★ 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.

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Higher Revenue and Profit in the Solutions Business from Investment Property Sales and Corporate Brokerage | COSMOS INITIA Co.,Ltd. (8844) | Komori