Strengthening the stable earnings base by increasing revenue from recurring income
First written in FY2016. 16 of 25 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In this environment, the brokerage-related business increased year on year, while the subleasing business achieved a slight year-on-year increase in the number of properties and a 3.3% increase in gross profit.」
The company reports tangible progress in the subleasing business, the core of its stable earnings base, with gross profit up 3.3%. - FY2025AdvancedAnnual report
「In this environment, the brokerage-related business declined year on year, while the subleasing business achieved a slight year-on-year increase in the number of properties and a 12.7% increase in gross profit.」
The company reports that gross profit in the subleasing business, the core of its stable earnings base, increased 12.7% year on year. - FY2024AdvancedAnnual report
「In this environment, the brokerage-related business declined year on year, while the subleasing business achieved a slight year-on-year increase in the number of properties and a 27.5% increase in gross profit.」
Gross profit in the subleasing business rose from 13.3% to 27.5% year on year, and the company reports tangible progress in its stable earnings base. - FY2023AdvancedAnnual report
「In this environment, the brokerage-related business declined year on year, while the subleasing business achieved a slight year-on-year increase in the number of properties and a 13.3% increase in gross profit.」
The company reports tangible progress in the subleasing business, the core of its stable earnings base, with gross profit up 13.3%. - FY2022AdvancedAnnual report
「Within the Group, the brokerage-related business declined year on year, while the subleasing business achieved a slight year-on-year increase in the number of properties and a 3.7% increase in gross profit.」
The company reports that the subleasing business, the core of its recurring revenue, saw a slight increase in the number of properties and a 3.7% increase in gross profit. - FY2022-Q2Recurring revenue was flat year on yearAnnual report
「Within the Group, the brokerage-related business declined year on year, while the subleasing business maintained year-on-year stability.」
The company states that the subleasing business, the core of its stable earnings base, maintained a year-on-year flat result. - FY2021A slight increase in the number of recurring-revenue properties and a slight decline in gross profitAnnual report
「Although our brokerage-related business declined year on year, the number of sublease properties increased slightly year on year, while gross profit decreased by 0.2%.」
The subleasing business, the core of the stable earnings base, saw a slight increase in the number of properties, while gross profit declined 0.2%. - FY2021-Q2RestatedAnnual report
「Although our brokerage-related business increased year on year, the sublease business was flat year on year, while ordinary profit increased by 8.6% year on year.」
The company continues to explain that the subleasing business, the core of its stable earnings base, maintained a year-on-year flat result. - FY2021-Q1Recurring revenue was flat year on yearAnnual report
「Although our brokerage-related business increased year on year, we were able to maintain the sublease business at the same level as the previous year.」
The company states that the subleasing business, the core of its stable earnings base, maintained a year-on-year flat result rather than increasing year on year. - FY2020AdvancedAnnual report
「Although our brokerage-related business declined year on year, the number of sublease properties increased slightly year on year and gross profit increased by approximately 5%.」
The company reports tangible progress in the subleasing business, the core of its stable earnings base, with a slight increase in the number of properties and approximately 5% growth in gross profit. - FY2020-Q3WorsenedAnnual report
「If further requests for restraint continue at stationside stores and in shopping arcades, revenue from the sublease business may decline, potentially resulting in a substantial decrease in revenue and profit.」
The company explicitly indicates the possibility of a decline in revenue from the subleasing business and identifies external factors exerting downward pressure on efforts to strengthen the stable earnings base through higher recurring-revenue sales. - FY2019AdvancedAnnual report
「Against this backdrop, new acquisitions in both the Group's brokerage-related business and its subleasing business, which generates recurring revenue, progressed steadily.」
The company reports that new acquisitions in the brokerage-related and subleasing businesses progressed steadily, indicating tangible progress in expanding recurring revenue. - FY2019-Q2AdvancedAnnual report
「Against this backdrop, the Group was able to expand its subleasing business, centered on station-front stores in the Tokyo metropolitan area, within National Route 16. Meanwhile, sales of real estate held for sale declined.」
The company reports that it was able to expand its subleasing business, centered on station-front stores in the Tokyo metropolitan area, indicating tangible progress in expanding its recurring revenue base. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, the Group is working to build stable earnings through growth in its subleasing business, which generates recurring revenue.」
The company states that it continues efforts to build stable earnings through growth in the subleasing business. - FY2018AdvancedAnnual report
「Against this backdrop, while the brokerage-related business remained sluggish, new acquisitions in the Group's subleasing business, which generates recurring revenue, progressed steadily and made a significant contribution to sales growth.」
The company reports that new acquisitions in the subleasing business progressed steadily and made a significant contribution to sales growth, indicating tangible progress in expanding recurring revenue. - FY2018-Q3AdvancedAnnual report
「The Group increased sales through the sale of properties held for sale, while strengthening the stable earnings capacity of its sublease business through ongoing improvements in customer satisfaction, expanded advertising signage and marketing activities such as direct-mail campaigns.」
The company reports that it is strengthening stable earnings capacity through the subleasing business and that sales increased through the sale of real estate held for sale. - FY2018-Q2AdvancedAnnual report
「Against this backdrop, the Group increased sales through the sale of properties held for sale, while strengthening the stable earnings capacity of its sublease business through ongoing improvements in customer satisfaction, expanded advertising signage and marketing activities such as direct-mail campaigns.」
The company reports that it is strengthening stable earnings capacity through the subleasing business and that sales increased through the sale of real estate held for sale. - 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 reports that, in addition to sales of real estate held for sale, recurring-revenue sales increased as the number of subleased properties grew, indicating tangible progress in expanding its stable earnings base. - FY2017AdvancedAnnual report
「Against this backdrop, while the brokerage-related business remained sluggish, new acquisitions in the Group's subleasing business, which generates recurring revenue, progressed steadily and made a significant contribution to sales growth.」
The company reports that new acquisitions in the subleasing business progressed steadily and made a significant contribution to sales growth, indicating tangible progress in expanding its stable earnings base. - FY2017-Q3AdvancedAnnual report
「Against this backdrop, the Group's subleasing business, which generates recurring revenue, performed steadily and contributed to sales growth. The building maintenance business also performed generally steadily, with revenue from renewal fees and other sources increasing as the number of subleased properties grew. The Group will continue to work diligently to acquire subleased properties and strengthen its stable earnings capacity.」
The company reports that the subleasing business performed steadily and contributed to sales growth, while renewal-fee revenue also remained generally steady as the number of subleased properties increased. It also indicates a policy of continuing to acquire properties and strengthen stable earnings capacity. - FY2017-Q2RestatedAnnual report
「During the six months ended the second quarter, Japan's economy remained uncertain, despite improvements in the employment environment and other areas, due to unstable financial conditions resulting from changing political situations in various countries and sluggish personal consumption. In the real estate industry, there were signs of a modest recovery in companies' appetite for opening new locations. Against this backdrop, the Group worked to expand recurring-revenue sales and strengthen its stable earnings capacity.」
The company continues to expand recurring-revenue sales and strengthen its stable earnings capacity in the second quarter as well. - FY2017-Q1RestatedAnnual report
「Against this backdrop, the Group continued to expand sales from recurring-revenue businesses and worked to strengthen its stable earnings power. As a result, during the six months ended June 2019, revenue was ¥502.978 million, up 15.1% year on year; operating profit was ¥61.950 million, up 7.9%; ordinary profit was ¥60.320 million, up 6.8%; and profit attributable to owners of the parent was ¥42.949 million, down 13.7%.」
The Group continues to target growth in recurring-revenue sales and stronger stable earnings power. Revenue and other results increased, although no standalone recurring-revenue figure was disclosed. - FY2016First statedAnnual report
「For the outlook for the next fiscal year, we will work to strengthen our stable earnings base by increasing recurring revenue, seek to expand success-fee-based revenue by increasing personnel, and aim to further improve performance.」
The Group sets a target of increasing recurring revenue and strengthening its stable earnings base in the next fiscal year.