Increase in Existing Rental Properties through the Existing Housing Asset Business
First written in FY2017-Q1. 11 of 21 entries say "Restated". Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As part of its stock-based business, the company is strengthening the highly profitable and competitively advantaged Secondhand Residential Asset Business, thereby establishing a stable earnings base from rental income in addition to gains on resale. The number of properties held, which had been declining since the fiscal year ended March 2020, increased through proactive acquisitions, allowing the company to maintain an appropriate and stable inventory level.」
In the Secondhand Residential Asset Business, the number of properties held increased through proactive acquisitions, strengthening an earnings base combining rental income and resale gains. Capital expenditures in the business also amounted to ¥10,162 million. - 2026-05-01ReframedEarnings presentation
「To strengthen recurring revenue, we have increased our acquisitions of company-owned housing for seniors with support services and existing condominiums with tenants in place. For existing assets, we are actively replacing properties while maintaining the number of units held.」
For existing assets, the company now explicitly describes a strategy of replacing properties while maintaining its holding level, rather than simply increasing the number of units held. - FY2025AdvancedAnnual report
「As part of its stock-based business, the company is strengthening the highly profitable and competitively advantaged Secondhand Residential Asset Business, thereby establishing a stable earnings base from rental income in addition to gains on resale. The number of properties held, which had been declining since the fiscal year ended March 2020, increased as a result of stronger acquisitions.」
In the Secondhand Residential Asset Business, the number of properties held increased through stronger acquisitions, strengthening a stock-based earnings base combining rental income and resale gains. - FY2023AdvancedAnnual report
「In addition, segment profit exceeded that of the previous fiscal year because sales with tenants in place in the highly profitable Secondhand Asset Business performed well during the fiscal year.」
The company stated that sales with tenants in place performed well in the Secondhand Residential Asset Business and contributed to higher profit in the Residential Distribution segment. - FY2023-Q3AdvancedAnnual report
「Amid rising prices for secondhand homes in the recent secondhand housing distribution market and changes in the real estate investment market, sales with tenants in place have increased, in addition to the originally planned sales after tenants moved out. Accordingly, the company reorganized its internal processes for the Secondhand Residential Asset Business. Beginning in the first quarter, secondhand homes with tenants in place for which a decision had been made to sell with tenants in place were reclassified as real estate for sale and recognized in revenue, whereas through the previous fiscal year such sales had been recognized as gains or losses on the sale of fixed assets under extraordinary income or loss. The transaction value of secondhand homes sold with tenants in place that was included in gains on the sale of fixed assets in the previous fiscal year was ¥1,286 million.」
Sales with tenants in place increased in the Secondhand Residential Asset Business, and the company operates an internal process under which properties are transferred to real estate for sale and recognized in revenue after the decision to sell is made. - FY2022AdvancedAnnual report
「In the Rental and Management segment, the number of properties under management increased in line with the handover of contracted service-assisted rental housing for seniors and other properties, and the Secondhand Residential Asset Business gained traction. Revenue was ¥23,829 million, up 9.7% from the previous fiscal year.」
The company continued to explain that the Secondhand Residential Asset Business had gained traction, indicating an increase in Rental and Management segment revenue. - FY2021AdvancedAnnual report
「In the Rental and Management segment, the number of properties under management increased in line with the handover of contracted service-assisted rental housing for seniors and other properties, and the Secondhand Residential Asset Business gained traction. As a result, revenue for the fiscal year was ¥21,728 million, up 8.4% from the previous fiscal year.」
The company continued to explain that the Secondhand Residential Asset Business had gained traction, and stated that Rental and Management segment revenue increased. - FY2020AdvancedAnnual report
「In the Rental and Management segment, the number of properties under management increased in line with the handover of contracted service-assisted rental housing for seniors and other properties, and the Secondhand Residential Asset Business gained traction. As a result, revenue for the fiscal year was ¥20,042 million, up 12.3% from the previous fiscal year.」
The company explained that the Secondhand Residential Asset Business had gained traction, and Rental and Management segment revenue increased to ¥20,042 million. - FY2020-Q3RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2020-Q2RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2020-Q1RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2019AdvancedAnnual report
「In the Rental and Management segment, the number of properties under management increased in line with the handover of contracted service-assisted rental housing for seniors and other properties in the Land Utilization segment, and the Secondhand Residential Asset Business gained traction. As a result, revenue for the fiscal year was ¥17,849 million, up 14.0% from the previous fiscal year.」
The company stated that the Secondhand Residential Asset Business had gained traction and reported Rental and Management segment revenue of ¥17,849 million. - FY2019-Q3RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2019-Q2RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2019-Q1RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2018-Q3RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2018-Q2RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2018-Q1RestatedAnnual report
「Increase in secondhand rental properties under management through the Secondhand Residential Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties under management. - FY2017-Q3RestatedAnnual report
「Increase in Existing Rental Properties through the Existing Housing Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties. - FY2017-Q2RestatedAnnual report
「Increase in Existing Rental Properties through the Existing Housing Asset Business」
The company continues to describe the Secondhand Residential Asset Business as a means of increasing secondhand rental properties. - FY2017-Q1First statedAnnual report
「Increase in Existing Rental Properties through the Existing Housing Asset Business」
The Secondhand Residential Asset Business is specifically identified as a means of increasing secondhand rental properties.