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Cosmos Initia (8844) · FactWorsened

Decline in Gross Profit Margin on Investment Real Estate, etc.

First written in FY2018-Q3. 15 of 24 entries say "Advanced", first in FY2018. Latest entry: FY2026.

24entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY2019AdvancedFY2021-Q1 – FY2022AdvancedFY2025-H1 – FY20252018: 420182019: 320192020: 320202021: 220212022: 320222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Performance Fluctuations in the Real Estate Investment Development BusinessA theme 48 companies write about · 23 as a headwind · 28 as a tailwind

Cosmos Initia moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).

The whole theme swung hardest in 2020: 9 of 40 companies on the "Worse" side.

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

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.
Showing 14 of the 48 companies compared. The sentences above are computed from all 48.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 14 27,051 16.5 26 43,166 12.5」

    The number of whole-building properties delivered increased from 14 to 26 and revenue increased, while the gross profit margin declined from 16.5% to 12.5%.
  2. 2026-05-12WorsenedEarnings forecast revision

    「Sales of income-producing real estate and other properties (including whole-building properties) 14 27,051 16.5 26 43,166 12.5」

    The number of whole-building properties delivered and revenue increased, while gross margin declined from 16.5% to 12.5%.
  3. FY2025AdvancedAnnual report

    「Sales of income-producing real estate and other properties (of which, whole-building properties) 20 31,648 10.9 14 27,051 16.5」

    The gross profit margin on whole-building properties improved by 5.6 percentage points, from 10.9% to 16.5%. The number of properties delivered declined from 20 to 14.
  4. FY2025-H1AdvancedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 8 11,991 16.6 8 15,715 20.2」

    The number of whole-building properties delivered was unchanged from the same period of the previous year at 8, while revenue increased from ¥11.991 billion to ¥15.715 billion and the gross profit margin improved from 16.6% to 20.2%.
  5. FY2024WorsenedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 25 35,564 15.6 20 31,648 10.9」

    The number of whole-building properties delivered declined from 25 to 20, revenue declined from ¥35.564 billion to ¥31.648 billion, and the gross profit margin declined from 15.6% to 10.9%.
  6. FY2024-Q3AdvancedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 11 13,445 14.3 12 21,568 16.4」

    The number of whole-building properties delivered increased from 11 in the same period of the previous year to 12, revenue increased from ¥13.445 billion to ¥21.568 billion, and the gross profit margin improved from 14.3% to 16.4%.
  7. FY2024-Q2AdvancedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 11 13,445 14.3 8 11,991 16.6」

    The number of whole-building properties delivered declined from 11 in the same period of the previous year to 8, while the gross profit margin improved from 14.3% to 16.6%.
  8. FY2024-Q1Quarterly disclosure of gross profit margins on whole-building propertiesAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 2 3,300 16.4」

    For whole-building properties in the first quarter under review, the company disclosed 2 properties delivered, revenue of ¥3.3 billion, and a gross profit margin of 16.4%.
  9. FY2023WorsenedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 13 24,896 16.8 25 35,564 15.6」

    The number of whole-building properties delivered increased from 13 to 25, while the gross profit margin declined by 1.2 percentage points, from 16.8% to 15.6%.
  10. FY2023-Q2WorsenedAnnual report

    「Sales of income-producing properties, etc. (Of which, whole-building properties) 5 7,926 19.3 11 13,445 14.3」

    The gross profit margin on whole-building properties sold as income-producing properties, etc. declined by 5.0 percentage points, from 19.3% in the same period of the previous year to 14.3%. The number of properties delivered increased from 5 to 11.
  11. FY2022AdvancedAnnual report

    「Investment properties, etc. 13.8 16.8 2.9」

    The gross profit margin on whole-building properties in investment properties, etc. improved from 13.8% in the previous fiscal year to 16.8%.
  12. FY2022-Q3AdvancedAnnual report

    「Investment properties, etc. 16.0 19.3 3.3」

    The gross profit margin on whole-building properties in investment properties, etc. improved by 3.3 percentage points, from 16.0% in the same period of the previous year to 19.3%.
  13. FY2022-Q2AdvancedAnnual report

    「Investment properties, etc. 16.5 19.3 2.8」

    The gross profit margin on whole-building properties in investment properties, etc. improved by 2.8 percentage points, from 16.5% in the same period of the previous year to 19.3%.
  14. FY2021AdvancedAnnual report

    「Investment properties, etc. 12.6 13.8 1.2」

    The gross profit margin on whole-building properties in investment properties, etc. improved by 1.2 percentage points, from 12.6% in the previous fiscal year to 13.8%.
  15. FY2021-Q2AdvancedAnnual report

    「Investment properties, etc. 16.2 16.5 0.3」

    The gross profit margin on whole-building properties in investment properties, etc. improved by 0.3 percentage points, from 16.2% in the same period of the previous year to 16.5%.
  16. FY2021-Q1AdvancedAnnual report

    「Investment properties, etc. 18.2 21.6 3.4」

    The gross profit margin on whole-building properties in investment properties, etc. improved by 3.4 percentage points, from 18.2% in the same period of the previous year to 21.6%.
  17. FY2020-Q3WorsenedAnnual report

    「Investment properties and other assets 22.9 14.4 △8.5」

    The gross profit margin on single-building properties among investment properties and other assets declined from 22.9% in the same period of the previous year to 14.4%, a decrease of 8.5 percentage points.
  18. FY2020-Q2WorsenedAnnual report

    「Investment properties and other assets 22.0 16.2 △5.8」

    The gross profit margin on single-building properties among investment properties and other assets declined from 22.0% in the same period of the previous year to 16.2%, a decrease of 5.8 percentage points.
  19. FY2019AdvancedAnnual report

    「Investment properties and other assets 14.6 17.4 2.8」

    The gross profit margin on single-building properties among investment properties and other assets improved from 14.6% in the previous fiscal year to 17.4%, an improvement of 2.8 percentage points.
  20. FY2019-Q3AdvancedAnnual report

    「Investment properties and other assets 14.1 22.9 8.8」

    The gross profit margin on single-building properties among investment properties and other assets improved from 14.1% in the same period of the previous year to 22.9%, an improvement of 8.8 percentage points.
  21. FY2019-Q2AdvancedAnnual report

    「Investment properties and other assets 14.2 22.0 7.8」

    The gross profit margin on single-building properties among investment properties and other assets increased from 14.2% in the same period of the previous year to 22.0%, an increase of 7.8 percentage points.
  22. FY2019-Q1AdvancedAnnual report

    「Investment properties and other assets 18.3 24.3 6.0」

    The gross profit margin on single-building properties among investment properties and other assets increased from 18.3% in the same period of the previous year to 24.3%, an increase of 6.0 percentage points.
  23. FY2018AdvancedAnnual report

    「Investment properties and other assets 13.3 14.6 1.3」

    The gross profit margin on investment properties and other assets increased from 13.3% in the previous fiscal year to 14.6%, an increase of 1.3 percentage points.
  24. FY2018-Q3First statedAnnual report

    「Investment properties and other assets 17.2 14.1 △3.1」

    The gross profit margin on investment properties and other assets declined from 17.2% in the same period of the previous year to 14.1%, a decrease of 3.1 percentage points.
Moved together

"Expansion of New Construction, Existing Stock Revitalization, Renovation, and Post-Occupancy Services" moved the same way as this thread, in the same document, in 15 of its 24 moves.

151514121210★123456
  1. ★This thread
  2. 1Expansion of New Construction, Existing Stock Revitalization, Renovation, and Post-Occupancy Services15×
  3. 2Decline in Unit Deliveries and Gross Profit Margin for New Homes15×
  4. 3Investment Property Development and Redevelopment of Existing Properties14×
  5. 4Nine-Month Revenue Growth and Operating Profit Improvement12×
  6. 5Guarantee obligations for home-loan customers12×
  7. 6Higher Revenue and Profit in the Solutions Business from Investment Property Sales and Corporate Brokerage10×

★ 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
No upcoming earnings preview for Cosmos Initia yet. It last moved in the Earnings forecast revision of 2026-05-12: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Gross Profit Margin on Investment Real Estate, etc. | COSMOS INITIA Co.,Ltd. (8844) | Komori