Komori
Revolution (8894) · InitiativeRestated

Agency sales agreements for condominium units and commission income

First written in FY2016-Q4. 4 of 10 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2019-Q2.

10entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2017RestatedFY2017 – FY2017-Q4AdvancedFY2018-Q1 – FY2018-Q32016: 120162017: 520172018: 320182019: 12019
Same theme, other companies
Entry into the Contracted Sales Business for Newly Built Condominiums for SaleA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

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

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.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q2RestatedAnnual report

    「Revenue and profit declined year on year because there was no spot income, such as the sale of real estate held for sale and agency commissions from condominium sales, as in the previous fiscal year.」

    The company states that there was no commission income after the condominium agency sales agreement ended and no spot income was generated in the same period of the previous year.
  2. FY2018-Q3AchievedAnnual report

    「Following completion of the condominium units developed by a business partner, we completed handovers to purchasers under contract, received the remaining commission balance, and ended the agency sales agreement as of 30 June 2018.」

    Handovers of the condominium units subject to agency sales were completed and the remaining commission balance was received, after which the agency sales agreement ended on 30 June 2018.
  3. FY2018-Q2AdvancedAnnual report

    「Following completion of the condominium units developed by a business partner, we completed handovers to purchasers under contract and received the remaining commission balance. We continued to proceed with contracts for the remaining units.」

    Handovers to purchasers under contract for the condominium units subject to agency sales have been completed, and the remaining commission balance was received. Contracts for the remaining units are continuing.
  4. FY2018-Q1AdvancedAnnual report

    「The property has been completed, and handovers to purchasers under contract are under way. These activities will contribute to the second quarter.」

    The condominium units subject to agency sales have been completed, and the business has progressed to the stage of handing them over to purchasers under contract. A contribution to the second quarter is expected.
  5. FY2017-Q4RestatedAnnual report

    「The company focused on acting as sales agent for condominiums developed by business partners, sales activities aimed at selling 2 spec-built houses, and brokerage and placement of used homes, land and other properties.」

    The company continues to sell condominium units developed by a business partner on an agency basis and is also focusing on sales of spec-built homes and brokerage and referral services for used homes and land.
  6. FY2017-Q3RestatedAnnual report

    「The company focused on acting as sales agent for condominiums developed by business partners, sales activities aimed at selling 2 spec-built houses, and brokerage and placement of used homes, land and other properties.」

    The company continues to sell condominium units developed by a business partner on an agency basis and is also focusing on sales of spec-built homes and brokerage and referral services for used homes and land.
  7. FY2017RestatedAnnual report

    「In the real estate development business, we entered into an agency sales agreement for condominium units developed by a business partner, began sales, and are recording commission income from contracting with and selling to customers.」

    The company continues to report the execution of agency sales agreements, the commencement of sales, and the recording of commission income.
  8. FY2017AdvancedAnnual report

    「In the real estate development business, we entered into an agency sales agreement for condominium units developed by a business partner, began sales, and are recording commission income from contracting with and selling to customers.」

    The company reports that it has progressed beyond the start of agency sales and has recorded commission income from contracting with and selling to customers.
  9. FY2017-Q1AdvancedAnnual report

    「In addition, we have begun selling condominium units developed by a business partner on an agency basis.」

    The business has progressed from the previous stage of entering into an agency sales agreement and planning to begin sales to the actual commencement of agency sales.
  10. FY2016-Q4First statedAnnual report

    「In addition, we have entered into an agency sales agreement for condominium units developed by a business partner and plan to record commission income from contracting with and selling to customers.」

    The company has entered into an agency sales agreement for condominium units developed by a business partner and plans to generate commission income through contracting with and selling to customers.
Moved together

"Strengthening the property leasing and management division, which is expected to generate stable revenue" moved the same way as this thread, in the same document, in 5 of its 9 moves.

543222★123456
  1. ★This thread
  2. 1Strengthening the property leasing and management division, which is expected to generate stable revenue5×
  3. 2Sales of spec homes and land acquisition and construction starts4×
  4. 3From Operating Loss to Operating Profit3×
  5. 4Repayment of Interest-Bearing Debt Through a Return to Profitability2×
  6. 5Improving Profitability2×
  7. 6Internal reforms under the new management structure2×

★ 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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