Future Earnings Contribution from the Sale of Real Estate Held for Sale
First written in FY2017-Q3. 9 of 22 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2020: 9 of 40 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥67.886 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
Rental income and expenses for properties whose use was shifted to rental rather than disposal as real estate held for sale increased from ¥65.591 million in the previous fiscal year to ¥67.886 million. - FY2025AdvancedAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥65.591 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
Rental income and expenses for properties whose use was shifted to rental increased from ¥56.449 million in the previous fiscal year to ¥65.591 million. - FY2024Decline in rental income and expensesAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥56.449 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
For properties whose use was shifted to rental rather than disposal as real estate held for sale, rental income and expenses declined from ¥57.378 million in the previous fiscal year to ¥56.449 million. - FY2023AdvancedAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥57.378 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
Rental income and expenses for properties whose use was shifted to rental increased from ¥40.947 million in the previous fiscal year to ¥57.378 million. - FY2022AdvancedAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥40.947 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
For properties whose use was shifted to rental rather than disposal as real estate held for sale, rental income and expenses increased from ¥39.401 million in the previous fiscal year to ¥40.947 million. - FY2021Confirmation of the shift to rental use and recognition of rental incomeAnnual report
「Rental income and expenses related to the rental properties during the fiscal year under review resulted in rental income of ¥39.401 million. Rental revenue is recorded as net sales, and major rental expenses are recorded as cost of sales.」
For properties whose use was changed to rental rather than generating income through the disposal of real estate held for sale, rental income and expenses of ¥39.401 million were recorded. Rental use after the balance of real estate held for sale fell to zero was confirmed for the full year. - FY2021-Q2Confirmation that the balance of real estate held for sale was zeroAnnual report
「Real estate held for sale 188,232 —」
The balance of real estate held for sale fell from ¥188.232 million at the end of the previous fiscal year to zero, confirming the status following the change in holding purpose to rental use reported in the previous quarter. - FY2021-Q1ReframedAnnual report
「During the first quarter of the current consolidated fiscal year, following a change in the intended use of properties held for sale to properties held for rental, ¥188.232 million in properties held for sale was reclassified as ¥33.921 million in buildings, net, and ¥154.311 million in land.」
The company is changing the use of the properties from holding them for sale to holding them for rental, shifting to a different approach to asset utilization from generating income through the disposal of real estate held for sale. - FY2020WorsenedAnnual report
「Meanwhile, income from the disposal of real estate held for sale declined.」
The decline in income from the disposal of real estate held for sale was also reported for the full year, confirming that its previous contribution to performance had weakened. - FY2020-Q3RestatedAnnual report
「In addition, during the nine months ended the third quarter of the fiscal year under review, sales of real estate held for sale recorded in the same period of the previous fiscal year were absent, resulting in substantial declines in both revenue and earnings.」
For the nine months ended the third quarter as well, the absence of sales of real estate held for sale recorded in the same period of the previous fiscal year was reconfirmed as a factor behind the substantial declines in revenue and earnings. - FY2020-Q2WorsenedAnnual report
「Against this backdrop, the Group is working to achieve its targets based on the three basic strategies of its medium-term management plan for the fiscal years ending June 2020 through June 2022: securing and developing appropriate personnel, expanding promotional expenses and maximizing the effectiveness of response-based sales, and acquiring sublease and managed properties. However, during the cumulative second-quarter consolidated period, sales of properties held for sale recorded in the same period of the previous year were absent, resulting in a substantial decline in both revenue and profit.」
The company explains that sales of real estate held for sale recorded in the same period of the previous fiscal year were also absent in the current period, contributing to substantial declines in revenue and earnings. The weakening contribution from disposal income has continued. - FY2020-Q1WorsenedAnnual report
「During the nine months ended the first quarter of the fiscal year under review, sales of real estate held for sale recorded in the same period of the previous fiscal year were absent, resulting in substantial declines in both revenue and earnings.」
The company explains that the absence during the quarter of sales of real estate held for sale that had contributed in the same period of the previous fiscal year was a factor behind the substantial declines in revenue and earnings. The contribution to performance from income generated by disposals of real estate held for sale has weakened further. - FY2019Decline in income from the disposal of real estate held for saleAnnual report
「Under these conditions, new acquisitions in the brokerage-related business and the sublease business, which generates recurring revenue, progressed steadily. Meanwhile, income from the disposal of real estate held for sale declined.」
The company confirmed for the full year that income from the disposal of real estate held for sale declined. The balance of real estate held for sale at the end of the fiscal year was ¥188.232 million. - FY2019-Q3Decline in balance of real estate held for saleAnnual report
「This was mainly attributable to a ¥40.472 million decline in cash and deposits and a ¥167.523 million decline in real estate held for sale, among other factors.」
Real estate held for sale declined by ¥167.523 million from the end of the previous fiscal year, leaving a balance of ¥188.232 million. The text does not specifically state that this was due to disposals. - FY2019-Q2RestatedAnnual report
「Meanwhile, sales of real estate held for sale declined.」
The company also reported a decline in sales of real estate held for sale in the second quarter, indicating that the contribution from disposal proceeds has continued to weaken. - FY2019-Q1Decline in sales of real estate held for saleAnnual report
「Meanwhile, sales of real estate held for sale declined.」
The company states that sales of real estate held for sale, which had previously contributed to performance, declined during the quarter. - FY2018AdvancedAnnual report
「In addition, disposals of real estate held for sale progressed, and the resulting income made a significant contribution to performance.」
The company reports that disposals of real estate held for sale progressed and that the resulting income made a significant contribution to full-year performance. - FY2018-Q3AdvancedAnnual report
「The Group increased sales through the disposal of real estate held for sale, while strengthening the stable earnings power of its sublease business through continuous improvements in customer satisfaction, expansion of advertising signage and stronger marketing activities, including direct-mail campaigns. As a result, for the nine months ended the third quarter of the fiscal year under review, net sales were ¥2,139.846 million, up 40.3% year on year.」
The increase in sales from the disposal of real estate held for sale is described in connection with nine-month net sales of ¥2,139.846 million, up 40.3% year on year. - FY2018-Q2AdvancedAnnual report
「Under these conditions, the Group increased sales through the disposal of real estate held for sale, while strengthening the stable earnings power of its sublease business through continuous improvements in customer satisfaction, expansion of promotional signage and stronger marketing activities, including direct-mail campaigns. Funds generated from operating activities amounted to ¥570.368 million, up 413.2% from the same quarter of the previous fiscal year. This was mainly attributable to the recognition of ¥323.977 million in income before income taxes and other adjustments and ¥289.829 million in proceeds from the disposal of real estate held for sale.」
The company reports that the disposal of real estate held for sale increased sales, and that ¥289.829 million in proceeds from the disposals contributed to cash flow from operating activities. - FY2018-Q1AdvancedAnnual report
「Against this backdrop, the Group's sales increased through sales of real estate held for sale and through the growth in properties in its subleasing business, which generates recurring revenue.」
The company explains that the disposal of real estate held for sale generated sales and contributed to higher revenue in the first quarter. - FY2017AdvancedAnnual report
「In addition, the disposal of real estate held for sale acquired during the current fiscal year progressed, and the resulting income made a significant contribution to performance.」
The company reports that disposals of real estate held for sale progressed and that the resulting income made a significant contribution to performance for the fiscal year. - FY2017-Q3First statedAnnual report
「In addition, progress was made in transferring real estate held for rental to real estate held for sale and acquiring new real estate held for sale. Going forward, sales from the disposal of real estate held for sale are expected to contribute to earnings.」
The company is advancing the transfer of real estate held for rental to real estate held for sale and new acquisitions, and explains that sales from the disposal of real estate held for sale will contribute to future earnings.