Leasing brokerage activity falling short of plan
First written in FY2017-Q1. 4 of 8 entries say "Mitigated", first in FY2017. Latest entry: FY2020-Q2.
Revolution moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 10 of 26 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2020-Q2WorsenedAnnual report
「Due to the impact of COVID-19, particularly in rental brokerage, some corporate relocations were canceled and international students were unable to enter Japan.」
It states that COVID-19 had specific effects on rental brokerage, including canceled corporate relocations and international students being unable to enter Japan. - FY2020-Q1WorsenedAnnual report
「At Apaman Shop, both visits and the number of contracts declined from the levels seen in a typical year, resulting in a year-on-year decline in brokerage commissions.」
Although brokerage activities had previously been described as strong and commission revenue as increasing, this time visits, the number of contracts and brokerage commissions all declined from typical levels or the same quarter of the previous year. - FY2019-Q2MitigatedAnnual report
「Brokerage activities at Apaman Shop were strong, and the increase in commission revenue kept the decline in revenue to a minimum.」
It describes rental property brokerage activities as strong and states that higher commission revenue limited the impact of declining revenue on the rental management business. - FY2019-Q1MitigatedAnnual report
「Meanwhile, brokerage activities at Apaman Shop were strong, and commission revenue increased from the same quarter of the previous year.」
It states that rental property brokerage activities were strong and that commission revenue increased from the same quarter of the previous year. - FY2017-Q4MitigatedAnnual report
「The company actively conducted sales activities targeting property owners to improve occupancy rates at managed properties. Operations at company-owned properties and in the weekly rental business also progressed smoothly, and overall progress was broadly in line with the plan.」
It states that the company worked on sales to property owners and improving occupancy rates, and that the rental management business as a whole progressed broadly in line with the plan. - FY2017MitigatedAnnual report
「② Property rental management business: We focused on rental property brokerage, property management, the weekly rental business and securing repair and maintenance contracts. As a result, revenue for the fiscal year was ¥499 million and operating profit was ¥113 million.」
No struggle against the plan is explicitly stated for brokerage activities; the disclosure says that the rental management business recorded operating profit of ¥113 million. - FY2017SoftenedAnnual report
「In the property rental management business, we focused on rental property brokerage, property management, the weekly rental business and securing repair and maintenance contracts.」
There is no explicit description that rental property brokerage activities have struggled against the plan; the disclosure states that the company focused on these activities. - FY2017-Q1First statedAnnual report
「Although rental property brokerage activities have struggled against the plan, the business has generally progressed in line with the original plan, supported by strong performance in the weekly rental business and the acquisition of large-scale repair and maintenance contracts.」
The company has newly described the business weakness of rental property brokerage activities, which have struggled against the plan.