Diversifying Revenue Sources Through New Businesses and Business Reorganization
First written in FY2017. 18 of 41 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2027-H1.
88 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「The renewable energy-related investment business recorded revenue of ¥700 million from asset-securitisation sales of grid-scale battery storage facilities operated through joint ventures and other activities, compared with no revenue recorded in the same period of the previous year, and operating profit of ¥627 million, compared with an operating loss of ¥61 million in the same period of the previous year.」
In addition to conventional solar power generation and other activities, the company recorded asset securitisation of grid-scale battery storage facilities as a revenue source, generating revenue of ¥700 million and operating profit of ¥627 million. It has progressed from recording no revenue and an operating loss in the same period of the previous year to a stage producing tangible earnings. - 2026-10-08AdvancedEarnings
「The renewable energy-related investment business recorded revenue of ¥700 million from asset-securitisation sales of grid-scale battery storage facilities operated through joint ventures and other activities, compared with no revenue recorded in the same period of the previous year, and operating profit of ¥627 million, compared with an operating loss of ¥61 million in the same period of the previous year.」
太陽光発電所中心の活動から系統用蓄電所の流動化売上等へ進展し、前年同期の営業損失から営業利益へ転換した。 - 2026-09-19Advancedfinance.yahoo.co.jp
「The renewable energy-related investment business drove results, while the real estate business also turned profitable.」
It was reported that the renewable energy-related investment business drove first-quarter results, indicating its contribution to earnings. - FY2026AdvancedAnnual report
「The renewable energy-related investment business recorded revenue from asset-securitisation projects involving battery storage facilities, which the company has been actively developing through joint ventures, as well as distributions of electricity sales revenue related to solar power plants, resulting in revenue of ¥331 million, compared with ¥19 million in the previous fiscal year, and operating profit of ¥108 million, compared with an operating loss of ¥135 million in the previous fiscal year. The other businesses recorded revenue of ¥58 million, up 457.2% year on year, and operating profit of ¥35 million, compared with an operating loss of ¥83 million in the previous fiscal year, as a result of recording the operating revenue and expenses of consolidated subsidiaries established to build new core businesses for the Group.」
The renewable energy-related investment business generated revenue of ¥331 million and operating profit of ¥108 million through battery storage asset-securitisation projects and other activities, moving from an operating loss in the previous fiscal year into the black. The other businesses also recorded operating profit of ¥35 million, demonstrating results from new revenue sources across multiple businesses. - FY2026-H1Expansion into new battery storage development projects; renewable energy losses continueAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new battery storage development projects, but did not record revenue during the current interim consolidated accounting period, as in the same period of the previous year, and recorded an operating loss of ¥61 million, unchanged from the same period of the previous year.」
The company describes procurement activities for new battery storage development projects in addition to conventional solar power plants as targets of renewable energy-related investment. However, no revenue was recorded during the interim period, and the operating loss of ¥61 million continued. - FY2025Renewable energy revenue declined; losses continueAnnual report
「The renewable energy-related investment business recorded revenue of ¥19 million, down 88.7% year on year, and an operating loss of ¥135 million, compared with operating profit of ¥129 million in the previous fiscal year, as a result of recording distributions of electricity sales revenue related to jointly operated solar power plants and other items.」
The renewable energy-related investment business recorded distributions of electricity sales revenue and other items, but revenue declined to ¥19 million and the business moved from operating profit to an operating loss of ¥135 million. Progress in diversifying revenue sources has deteriorated. - FY2025-H1Renewable energy revenue not recorded; moved into the redAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new projects, but did not record revenue during the current interim consolidated accounting period (revenue was ¥157 million in the same period of the previous year), and recorded an operating loss of ¥61 million (compared with operating profit of ¥132 million in the same period of the previous year).」
The company continued sales activities for solar power plants and procurement activities for new projects, but did not record revenue during the interim period and moved from operating profit of ¥132 million in the same period of the previous year to an operating loss of ¥61 million. Progress in diversifying revenue sources has deteriorated. - FY2025-Q1No earnings recorded; procurement activities continueAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new projects, but did not record revenue during the cumulative first quarter of the current consolidated fiscal year (revenue was ¥21 million in the same period of the previous year), and recorded an operating loss of ¥18 million (compared with operating profit of ¥8 million in the same period of the previous year).」
The company continued sales activities for solar power plants and procurement activities for new projects, but did not record revenue during the quarter and moved from operating profit in the same period of the previous year to an operating loss. Progress in diversifying revenue sources has deteriorated. - FY2024Decline in earnings and changes in business mixAnnual report
「In addition to promoting these asset-securitisation projects, the Group intends to build businesses that can become new core businesses from the perspectives of creating synergies and diversifying risk, thereby expanding its business foundation and strengthening its earnings capacity.」
The policy of building new core businesses remains in place, but full-year revenue was ¥1,914 million for the real estate business, ¥175 million for the renewable energy-related investment business and ¥11 million for the other businesses, representing substantial changes in the scale of earnings of each business from the previous fiscal year. - FY2024-Q3Change in segment revenue mixAnnual report
「(Real Estate Business) The real estate business generated revenue of ¥558 million, down 79.7% year on year, and operating profit of ¥16 million, down 98.2%, as a result of selling business-use land through joint ventures and delivering properties under buy-and-resell projects. / (Renewable Energy-Related Investment Business) The renewable energy-related investment business generated revenue of ¥157 million, down 86.1% year on year, and operating profit of ¥184 million, down 82.3%, as a result of recording dividends related to its share in joint solar power generation projects. / (Other Businesses) The other businesses generated revenue of ¥11 million and recorded an operating loss of ¥33 million as a result of recording the operating revenue and expenses of consolidated subsidiaries, including those newly established in the previous consolidated fiscal year.」
The real estate business generated revenue of ¥558 million and operating profit of ¥16 million, while the renewable energy-related investment business generated revenue of ¥157 million and operating profit of ¥184 million, with both businesses reporting year-on-year declines in revenue and profit. The other businesses generated revenue of ¥11 million and recorded an operating loss of ¥33 million, indicating changes in the contribution of each revenue source. - FY2024-Q2Change in segment revenue mixAnnual report
「(Real estate business) In the real estate business, the sale of business-use land through joint ventures and deliveries under buy-and-resell projects resulted in net sales of ¥370 million, up 74.5% year on year, and operating profit of ¥2 million, compared with an operating loss of ¥15 million in the same period of the previous year. (Renewable energy-related investment business) In the renewable energy-related investment business, dividends on the Group’s interest in a joint venture for a solar power plant resulted in net sales of ¥157 million, down 85.1% year on year, and operating profit of ¥132 million, down 86.9%. (Other business) In other businesses, the recording of business revenue and expenses of consolidated subsidiaries newly established in the previous consolidated fiscal year and other items resulted in net sales of ¥4 million and an operating loss of ¥21 million.」
The real estate business generated higher revenue through sales and deliveries, while the renewable energy-related investment business reported revenue of ¥157 million and operating profit of ¥132 million from dividend income, resulting in a substantial year-on-year decline in both revenue and profit. The other businesses recorded an operating loss of ¥21 million, indicating changes in the composition and contribution of revenue sources. - FY2024-Q1Change in segment revenue mixAnnual report
「(Real estate business) In the real estate business, the sale of business-use land through joint ventures and deliveries under buy-and-resell projects resulted in net sales of ¥303 million, up 481.7% from the previous fiscal year, and operating profit of ¥19 million, compared with an operating loss of ¥22 million in the same period of the previous year.／(Renewable energy-related investment business) In the renewable energy-related investment business, dividends on the Group’s interest in a joint venture for a solar power plant resulted in net sales of ¥21 million and operating profit of ¥8 million.」
During the quarter, the real estate business recorded net sales of ¥303 million and operating profit of ¥19 million, while the renewable energy-related investment business recorded net sales of ¥21 million and operating profit of ¥8 million. The revenue mix is shifting toward the real estate business. - FY2023Change in segment revenue mixAnnual report
「In the real estate business, the sale of development and rights-bearing sites for logistics warehouses and sites for rental housing projects for developers, conducted through joint ventures, as well as deliveries under buy-and-resell projects, resulted in net sales of ¥2,966 million, up 183.4% from the previous fiscal year, and operating profit of ¥905 million, compared with an operating loss of ¥76 million in the previous fiscal year.」
The real estate business recorded net sales of ¥2,966 million and operating profit of ¥905 million as sales and deliveries progressed, turning profitable from an operating loss in the previous fiscal year. The renewable energy-related investment business reported lower sales and profit, while other businesses posted an operating loss of ¥44 million due to opening costs for newly established subsidiaries and other entities, resulting in a change in the revenue mix. - FY2023-Q3Change in segment revenue mixAnnual report
「(Real estate investment business) In the real estate investment business, revenue from joint venture projects resulted in net sales of ¥2,539 million, up 866.9% year on year, and operating profit of ¥916 million, compared with operating profit of ¥64 million in the same period of the previous year. (Renewable energy-related investment business) In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,135 million, down 41.2% year on year, and operating profit of ¥1,045 million, down 43.5%. (Renovation business) In the renovation business, deliveries of used houses and other properties resulted in net sales of ¥215 million, down 33.7% year on year, and an operating loss of ¥19 million, compared with operating profit of ¥6 million in the same period of the previous year.」
The real estate investment business recorded net sales of ¥2,539 million and operating profit of ¥916 million from joint venture project revenue, while the renewable energy-related investment business reported lower sales and profit and the renovation business posted an operating loss. Multiple revenue sources continued, but results differed by business. - FY2023-Q2Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,061 million, down 45.0% year on year, and operating profit of ¥1,005 million, down 46.3%.」
Revenue from the renewable energy-related investment business continued to be recorded, but net sales and operating profit associated with the settlement of the joint venture declined year on year. - FY2023-Q1Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,061 million, down 45.0% year on year, and operating profit of ¥1,035 million, down 45.6%.」
Revenue from the settlement of the joint venture for the construction of a solar power plant continued to be recorded, but net sales and operating profit declined year on year. - FY2022AdvancedAnnual report
「The Group will continue making every effort to commercialize projects such as solar power plant development projects in the renewable energy-related investment business and logistics facility development projects in the real estate investment business. From the perspective of generating synergies and diversifying risk, it will also continue investing in biomass power generation projects and real estate securitization projects, thereby expanding its business base and strengthening its earnings power.」
The Group identified solar power plant development, logistics facility development, biomass power generation and real estate securitization as specific investment targets, and recorded net sales of ¥1,979 million and operating profit of ¥1,872 million in the renewable energy-related investment business during the current fiscal year. - FY2022-Q3RestatedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,850 million, compared with an operating loss of ¥99 million in the same period of the previous year.」
Revenue from the settlement of the joint venture for the construction of a solar power plant continued to be recorded. Net sales were ¥1,930 million and operating profit was ¥1,850 million, resulting in a return to profitability from an operating loss in the same period of the previous year, but no completion of a new settlement project has been indicated. - FY2022-Q2AdvancedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,872 million, compared with an operating loss of ¥66 million in the same period of the previous year.」
The Group settled the joint venture for the construction of a solar power plant in the renewable energy-related investment business and recorded net sales of ¥1,930 million and operating profit of ¥1,872 million. Revenue-source diversification through the new business has advanced to a stage accompanied by a specific settlement and actual earnings results. - FY2022-Q1AdvancedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,904 million, compared with an operating loss of ¥34 million in the same period of the previous year.」
The Group settled the joint venture for the construction of a solar power plant and recorded net sales of ¥1,930 million and operating profit of ¥1,904 million in the renewable energy-related investment business. The business has advanced from no sales and an operating loss in the same period of the previous year to a stage accompanied by concrete earnings results. - FY2021Deterioration in earnings due to an inventory valuation lossAnnual report
「In the renewable energy-related investment business, although revenue from securitization projects undertaken with joint venture partners was recorded, the Group discussed with its audit firm projects in which consultations with government authorities and other parties involved in the businesses had taken substantially longer than expected due to the spread of COVID-19 and other factors. As a result of recording an inventory valuation loss, net sales were ¥561 million, down 50.4% from the previous fiscal year, and the operating loss was ¥2,474 million, compared with operating profit of ¥989 million in the previous fiscal year.」
The renewable energy-related investment business continued, but the inventory valuation loss resulting from prolonged consultations caused net sales of ¥561 million and an operating loss of ¥2,474 million. Results related to revenue-source diversification deteriorated substantially. - FY2021-Q3Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, no business projects were delivered or otherwise completed during the nine-month consolidated cumulative period of the current fiscal year, resulting in an operating loss of ¥99 million, compared with operating profit of ¥1,035 million in the same period of the previous year.」
The renewable energy-related investment business continued, but no business projects were delivered or otherwise completed during the cumulative period of the quarter, resulting in an operating loss of ¥99 million. Earnings results declined from operating profit of ¥1,035 million in the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「From the second quarter of the current consolidated cumulative period, we added “Other” as a business segment not included in the reportable segments, following the recognition of advisory fees and other fees from consulting services and related activities as revenue.」
The Group recorded ¥6 million in sales under “Other” from advisory fees for consulting and other services as a new revenue source. Revenue-source diversification has advanced to the stage of a new business category accompanied by actual results. Meanwhile, the renewable energy-related investment business posted an operating loss because there were no deliveries during the quarter. - FY2021-Q1RestatedAnnual report
「The renewable energy-related investment business involving securitization projects for solar power plants and other assets undertaken by the Group represented a major business opportunity, as the formation of energy funds and similar vehicles was active against a backdrop of low interest rates and the government’s economic policies, taking advantage of favorable funding conditions.」
The Group has reiterated its positioning of renewable energy-related investments, in addition to real estate investments, as one of its revenue sources. No new acquisitions or completion milestones have been presented. - FY2020AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥1,131 million, down 2.4% from the previous fiscal year, and operating profit of ¥989 million, up 0.7%.」
Revenue from the renewable energy-related investment business continued to be recorded for the full fiscal year, resulting in operating profit of ¥989 million. The renovation business also posted an operating profit for the full fiscal year, showing the revenue mix in actual results. - FY2020-Q3Change in segment revenue mixAnnual report
「In the renewable energy-related investment business, revenue from renewable energy-related securitization projects undertaken with joint venture partners was recorded, resulting in net sales of ¥1,131 million, down 2.4% year on year, and operating profit of ¥1,035 million, down 2.1%.」
The renewable energy-related investment business continued to generate revenue, but net sales and operating profit declined year on year. Meanwhile, the renovation business recorded net sales of ¥495 million and operating profit of ¥3 million, indicating a change in the results by revenue source. - FY2020-Q2Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, revenue from renewable energy-related securitization projects undertaken with joint venture partners was recorded, resulting in net sales of ¥540 million, down 42.7% year on year, and an operating profit of ¥474 million, down 45.9%.」
The renewable energy-related investment business continued to generate revenue, but net sales and operating profit declined from the same period of the previous year. - FY2020-Q1RestatedAnnual report
「With respect to securitization projects for solar power plants, biomass power plants and other assets in the Group’s renewable energy-related investment business」
The Group states that it continues to undertake securitization projects for solar power plants and biomass power plants as part of its renewable energy-related investments. No new completion milestone has been presented. - FY2019RaisedAnnual report
「With a view to generating synergies and diversifying risk, the Group intends to continue investing in biomass power generation projects and real estate investment projects, thereby expanding its business base and strengthening its earnings power.」
The Group has explicitly broadened its investment targets beyond solar power generation to include biomass power generation projects and real estate investment projects, and has indicated a policy of strengthening its business base and earnings power through synergies and risk diversification. - FY2019-Q3AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥1,158 million, down 49.6% year on year, and operating profit of ¥1,058 million, up 9.1%.」
The renewable energy-related investment business recorded net sales of ¥1,158 million and operating profit of ¥1,058 million, and the diversification of revenue sources continued to be reflected in results. Net sales declined year on year, while operating profit increased. - FY2019-Q2AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥943 million, down 58.9% year on year, and operating profit of ¥876 million, down 9.6%.」
The renewable energy-related investment business recorded net sales of ¥943 million and operating profit of ¥876 million, and the diversification of revenue sources through new businesses continued to be reflected in results. Both net sales and operating profit declined year on year. - FY2019-Q1AdvancedAnnual report
「In the consolidated accounting period of the first quarter, TTS Energy Co., Ltd. was included in the scope of consolidation following the acquisition of all of its shares.」
The Group made TTS Energy Co., Ltd., whose primary purpose is to operate renewable energy-related businesses, a consolidated subsidiary by acquiring all of its shares. The policy on new businesses and business reorganizations has advanced to the stage of a specific corporate acquisition and consolidation. - FY2018AdvancedAnnual report
「Revenue related to renewable energy 2,297,128」
The Group recorded ¥2,297 million in revenue related to renewable energy, accounting for 52.5% of total net sales. A revenue source other than real estate sales has emerged in the results. - FY2018-Q3RestatedAnnual report
「With regard to the Group's new investments related to renewable energy, including its solar power plant securitisation projects, the formation of energy funds and similar vehicles has been active against a backdrop of low interest rates and the Government's economic policies, creating a significant business opportunity by making use of the favourable financing environment.」
The Group continues to list investments related to renewable energy, including solar power plant securitization projects, as an earnings opportunity. No new implementation phase or completion milestone has been presented. - FY2018-Q2RestatedAnnual report
「With regard to the Group's new investments related to renewable energy, including its solar power plant securitisation projects, the formation of energy funds and similar vehicles has been active against a backdrop of low interest rates and the Government's economic policies, creating a significant business opportunity by making use of the favourable financing environment.」
The Group continues to list investments related to renewable energy, including solar power plant securitization projects, as an earnings opportunity. No new implementation phase or completion milestone since the previous quarter has been presented. - FY2018-Q1AdvancedAnnual report
「With respect to investments related to renewable energy, including the securitization projects for solar power plants newly undertaken by the Group」
In contrast to the previous general policy on new businesses and business reorganizations, the Group has indicated the implementation of a specific new business, a solar power plant securitization project. - FY2017First statedAnnual report
「The Group will make timely decisions on selecting and excluding business domains, including launching new businesses and reorganizing businesses, expand earnings opportunities efficiently and with a sense of urgency, and enhance corporate value across the Group.」
The Group has for the first time specified its policy of diversifying revenue sources through launching new businesses, reorganizing businesses and selecting business domains.