Growth in Condominium Sales and Profit
First written in FY2016-Q3. 12 of 31 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-10-14.
The whole theme swung hardest in 2023: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2026-H1ReframedAnnual report
「From the beginning of the current interim consolidated accounting period, the former detached housing business and condominium business were integrated, and the method of classifying reportable segments was changed to report them as the subdivision business.」
The condominium business was integrated with the detached-home business and reclassified for reporting as the for-sale business, so revenue and profit for the condominium business alone were not disclosed for the interim period. - FY2025-H1WorsenedAnnual report
「The condominium business plans and sells newly built for-sale condominiums in highly convenient areas, primarily in Nagoya, and customer interest in properties in prime locations has remained firm. At the same time, selling prices have continued to rise amid higher property prices resulting from inflation and increased construction costs, making careful property selection increasingly necessary. During the six-month period, revenue was ¥135 million, down 87.0% year on year, and the operating loss was ¥143 million, compared with operating profit of ¥26 million in the same period of the previous year, because there were few properties carried over from the previous fiscal year and completion and delivery of properties to be recognized in the current fiscal year were concentrated in the second half.」
While customer interest in well-located properties remained firm, revenue fell substantially because of surging property prices, the small number of properties carried over, and the concentration of completion and delivery in the second half. The business moved from operating profit to an operating loss. - FY2024-Q3WorsenedAnnual report
「During the nine-month period, delivery of all units in properties carried over from the previous fiscal year was completed, and the business focused on sales of properties scheduled for completion and delivery in the fourth quarter. As a result, revenue was ¥1.077 billion, down 36.1% year on year, and the operating loss was ¥53 million, compared with operating profit of ¥69 million in the same period of the previous year.」
Although delivery of all units in properties carried over from the previous fiscal year was completed, revenue fell 36.1% and operating results moved from profit in the same period of the previous year to a loss. - FY2024-Q2AdvancedAnnual report
「The condominium business plans and sells newly built for-sale condominiums, limiting its focus to highly convenient areas primarily in Nagoya. During the six-month period, the pace of orders remained sluggish, but deliveries, mainly of properties carried over from the previous fiscal year, progressed broadly as planned. As a result, revenue was ¥1.047 billion, up 199.7% year on year, and operating profit was ¥26 million, compared with an operating loss of ¥141 million in the same period of the previous year.」
Although the pace of orders remained sluggish, deliveries of properties carried over from the previous fiscal year progressed as planned, resulting in a substantial increase in revenue and a shift from an operating loss in the same period of the previous year to operating profit. - FY2024-Q1AdvancedAnnual report
「Revenue for the three-month period was ¥845 million, up 580.5% year on year, and operating profit was ¥71 million, compared with an operating loss of ¥76 million in the same period of the previous year.」
The condominium business posted a substantial increase in revenue and moved from an operating loss in the same period of the previous year to operating profit. - FY2023WorsenedAnnual report
「Revenue for the fiscal year was ¥2.875 billion, down 13.0% year on year, and operating profit was ¥112 million, down 50.1%.」
The condominium business posted lower full-year revenue, while operating profit also fell 50.1% year on year. - FY2023-Q2WorsenedAnnual report
「Because completion and delivery of properties were concentrated in the third and fourth quarters, the condominium business reported revenue of ¥349 million, down 50.8% year on year, and an operating loss of ¥141 million, compared with operating profit of ¥69 million in the same period of the previous year.」
With completion and delivery concentrated in the second half, the condominium business posted lower revenue and moved from operating profit in the same period of the previous year to an operating loss. - FY2023-Q1WorsenedAnnual report
「Revenue for the three-month period was ¥124 million, down 72.0% year on year, and the operating loss was ¥76 million, compared with an operating loss of ¥21 million in the same period of the previous year.」
The condominium business posted a substantial decline in revenue, and the operating loss widened from the same period of the previous year. - FY2022-Q3AdvancedAnnual report
「As delivery began for properties completed during the third quarter, the condominium business reported revenue of ¥2.904 billion, up 304.7% year on year, and operating profit of ¥250 million, compared with an operating loss of ¥105 million in the same period of the previous year.」
Delivery began for properties completed during the third quarter, resulting in a substantial increase in revenue and a shift from an operating loss in the same period of the previous year to operating profit. - FY2022-Q1Revenue Growth and Reduced LossesAnnual report
「Revenue for the three-month period was ¥444 million, up 39.3% year on year, and the operating loss was ¥21 million, compared with an operating loss of ¥23 million in the same period of the previous year.」
The condominium business posted higher revenue, and the operating loss narrowed slightly from ¥23 million in the same period of the previous year to ¥21 million. - FY2021-Q3WorsenedAnnual report
「Revenue for the nine-month period was ¥717 million, up 19.5% year on year, and the operating loss was ¥105 million, compared with an operating loss of ¥98 million in the same period of the previous year.」
While the condominium business posted higher revenue, the operating loss widened from ¥98 million in the same period of the previous year to ¥105 million. - FY2021-Q2Revenue Growth and Reduced LossesAnnual report
「Revenue for the six-month period was ¥717 million, up 75.6% year on year, and the operating loss was ¥18 million, compared with an operating loss of ¥60 million in the same period of the previous year.」
The condominium business posted higher revenue, and the operating loss narrowed from ¥60 million in the same period of the previous year to ¥18 million, although it remained loss-making. - FY2021-Q1AdvancedAnnual report
「The two condominiums, "サンクレーア上社" and "サンクレーア桜通泉," sold out during the three-month period, and deliveries are progressing.」
The two condominiums, サンクレーア上社 and サンクレーア桜通泉, sold out, and the business moved to the delivery stage. In contrast to the same period of the previous year, when there were no scheduled deliveries and no revenue was recognized, revenue of ¥319 million and an operating loss of ¥23 million were recorded. - FY2020AdvancedAnnual report
「Revenue for the fiscal year was ¥1.665 billion, up 33.6% year on year, and operating profit was ¥49 million, compared with an operating loss of ¥3 million in the previous year.」
The condominium business posted higher full-year revenue and moved from an operating loss in the previous year to an operating profit. - FY2020-Q3Revenue Growth and Reduced LossesAnnual report
「Revenue for the nine-month period was ¥600 million, up 68.1% year on year, and the operating loss was ¥98 million, compared with an operating loss of ¥106 million in the same period of the previous year.」
The condominium business reported a substantial increase in revenue, and the operating loss narrowed slightly from ¥106 million in the same period of the previous year to ¥98 million, although it remained loss-making. - FY2020-Q2WorsenedAnnual report
「During the six-month period, the number of units ordered was 18 and the number delivered was 9. Revenue was ¥408 million, up 14.4% year on year, and the operating loss was ¥60 million, compared with an operating loss of ¥43 million in the same period of the previous year.」
Although the condominium business recorded revenue and deliveries, the operating loss widened from ¥43 million in the same period of the previous year to ¥60 million. - FY2020-Q1WorsenedAnnual report
「During the three-month period, construction of "サンクレーア上社," comprising 27 units and scheduled for delivery in the previous fiscal year, remained delayed, and sales activities began during the period.」
Because サンクレーア上社 was not delivered, no revenue could be recognized, and the condominium business recorded an operating loss of ¥68 million, deteriorating from operating profit of ¥14 million in the same period of the previous year. - FY2019WorsenedAnnual report
「Revenue was ¥1.246 billion, down 20.3% year on year, and the operating loss was ¥5 million, compared with operating profit of ¥46 million in the previous year.」
The condominium business posted lower revenue and moved from an operating profit in the previous year to an operating loss. The delivery of サンクレーア上社 was also pushed into the following period due to construction delays. - FY2019-Q3Orders advanced, but loss widenedAnnual report
「The company delivered the 9 remaining units of the condominium "サンクレーア金山," which was sold in the previous fiscal year, completing delivery of all units. It is currently focusing on sales of "サンクレーア鶴舞公園," comprising 28 units in total and scheduled for delivery during the fourth quarter. As of the end of the third quarter, orders had been secured for 22 units, and orders are expected to continue progressing steadily. Delivery of the condominium is scheduled for August of the current year.」
Delivery of all units at サンクレーア金山 was completed, while orders for 22 of the 28 units at サンクレーア鶴舞公園 were secured. On the other hand, revenue for the nine-month period fell 46.2% year on year, and the operating loss widened to ¥105 million. - FY2019-Q2AdvancedAnnual report
「The company delivered the 9 remaining units of the condominium "サンクレーア金山," which was sold in the previous fiscal year, completing delivery of all units. It is currently focusing on sales of "サンクレーア鶴舞公園," comprising 28 units in total and scheduled for delivery during the fourth quarter. As of the end of the second quarter, orders had been secured for 13 units, and orders are expected to continue progressing steadily.」
Delivery of all units at サンクレーア金山 was completed, while orders for 13 of the 28 units at サンクレーア鶴舞公園 were secured. The condominium business narrowed its operating loss from ¥131 million in the same period of the previous year to ¥43 million in the current period. - FY2019-Q1AdvancedAnnual report
「Revenue for the three-month period was ¥357 million, compared with ¥0, as there were no properties scheduled for delivery in the same period of the previous year. Operating profit was ¥14 million, compared with an operating loss of ¥65 million in the same period of the previous year.」
The business was loss-making in the same period of the previous year because there were no properties scheduled for delivery, but recognized revenue during the quarter and returned to operating profitability. - FY2018WorsenedAnnual report
「Revenue for the fiscal year was ¥1.564 billion, down 0.7% year on year, and operating profit was ¥46 million, down 42.0%.」
The condominium business posted lower full-year revenue, while operating profit also fell 42.0% year on year. - FY2018-Q3WorsenedAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, reported revenue of ¥664 million for the nine-month period, down 56.0% year on year, and an operating loss of ¥61 million, compared with operating profit of ¥134 million in the same period of the previous year.」
Revenue in the condominium business fell 56.0% year on year, and the business moved from operating profit to an operating loss. - FY2018-Q2WorsenedAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, had no properties scheduled for delivery during the six-month period and recorded an operating loss of ¥131 million, compared with an operating loss of ¥116 million in the same period of the previous year, when there were also no properties scheduled for delivery.」
With no properties scheduled for delivery, the operating loss widened from ¥116 million in the same period of the previous year to ¥131 million. - FY2018-Q1Operating loss narrowed slightlyAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, had no properties scheduled for delivery during the three-month period and recorded an operating loss of ¥65 million, compared with an operating loss of ¥68 million in the same period of the previous year, when there were also no properties scheduled for delivery.」
Although the situation continued with no properties scheduled for delivery and no revenue recognized, the operating loss narrowed slightly from ¥68 million in the same period of the previous year to ¥65 million. - FY2017-Q3Lower sales and lower operating incomeAnnual report
「Revenue for the nine-month period was ¥1.51 billion, down 12.7% year on year, and operating profit was ¥134 million, down 16.6%.」
The condominium business posted lower revenue and profit year on year, but remained profitable at the operating level. - FY2017-Q2Revenue nearly vanished and loss widenedAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, reported revenue of ¥3 million for the six-month period, down 99.6% year on year, and an operating loss of ¥116 million, compared with operating profit of ¥13 million in the same period of the previous year.」
Revenue in the condominium business fell 99.6% year on year to ¥3 million, and the business moved from operating profit to an operating loss, with the loss also widening. - FY2017-Q1Deliveries suspended and loss incurredAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, had no properties scheduled for delivery during the three-month period, and recorded an operating loss of ¥68 million, compared with revenue of ¥714 million and operating profit of ¥56 million in the same period of the previous year.」
With no properties scheduled for delivery during the quarter, the business moved from operating profit in the same period of the previous year to an operating loss. - FY2016-Q3First statedAnnual report
「The condominium business, conducted by a consolidated subsidiary involved in condominium planning and sales, reported revenue of ¥1.73 billion for the nine-month period, up 62.0% year on year, and operating profit of ¥161 million, compared with operating profit of ¥4 million in the same period of the previous year.」
The condominium business reported a substantial year-on-year increase in revenue, along with higher operating profit.