Rental apartment development in Nagoya targeting 500 units annually and a 12% investment yield
First written in FY2017. 14 of 24 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「At the end of the current consolidated fiscal year, the real estate business owned 1,851 rental apartment units in 47 buildings, following the start of occupancy at A・City Sakurai Ekimae (45 units) in July 2023, A・City Tokoname Har matsu (45 units) in January 2024 and A・City Ichinomiya Sanjo (60 units) in March 2024.」
While continuing the policy of new development targeting 300 units annually, 3 buildings comprising 150 units began accepting tenants during the fiscal year. The disclosure does not state that the target had been fully achieved. - FY2024-Q2AdvancedAnnual report
「At the end of the cumulative second quarter of the current consolidated fiscal year, the number of rental apartment units owned by the real estate business reached 1,746 units in 45 buildings, including the 45-unit “A・City Sakurai Ekimae,” which began accepting tenants in July 2023.」
The 45-unit A・City Sakurai Ekimae began accepting tenants, increasing owned rental apartments to 1,746 units in 45 buildings. - FY2024-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, with a focus on environmental protection, such as energy conservation, and make capital investments. We provide facilities with the goal of achieving full occupancy at our rental apartments, while continuing to focus on Aichi Prefecture and pursue new development with an annual target of 300 units.」
The policy of continuing to develop rental apartments in Aichi Prefecture with an annual target of 300 units remains in place. - FY2023AdvancedAnnual report
「Capitalization of 3 “A・City” rental apartment buildings comprising 178 units」
While continuing the policy of focusing on the Nagoya area and targeting 300 units annually, 3 rental apartment buildings comprising 178 units were capitalized during the fiscal year. The disclosure does not state that the annual target had been fully achieved. - FY2023-Q3RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting new development of 300 units annually continues. - FY2023-Q2RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including enhanced ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2023-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, with a focus on environmental protection, such as energy conservation, and make capital investments. We provide facilities with the goal of achieving full occupancy at our rental apartments, while continuing to focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2022-Q2RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2022-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, with a focus on environmental protection, such as energy conservation, and make capital investments. We provide facilities with the goal of achieving full occupancy at our rental apartments, while continuing to focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting new development of 300 units annually has been maintained. - FY2021SoftenedAnnual report
「Going forward, we will focus on the Nagoya area, set the investment yield at 12% or higher, and pursue new development with an annual target of 200 units.」
The investment yield of 12% or higher and the focus on the Nagoya area were maintained, while the annual development target was reduced from the previous 300 units to 200 units. - FY2021-Q3RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2021-Q2AdvancedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units. Although revenue increased as a result of 125 units in 2 buildings beginning to accept tenants during the current period and 558 units in 8 buildings beginning to accept tenants during the previous period, the decline in revenue from the 919 units in 16 buildings sold during the previous period resulted in real estate revenue of ¥727 million for the cumulative second quarter of the current consolidated fiscal year, down 14.7% year on year.」
The policy of targeting 300 units annually in the Nagoya area was maintained, and 125 units in 2 buildings began accepting tenants during the current period. The revenue decline resulting from the sale of 919 units in 16 buildings during the previous period was also disclosed. - FY2021-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide facilities with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and continue pursuing new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2020RaisedAnnual report
「Going forward, we will focus on the Nagoya area, set the investment yield at 12% or higher, and pursue new development with an annual target of 300 units.」
The Nagoya area and annual target of 300 units were maintained, while the investment yield was explicitly revised from the previous 12% to “12% or higher.” - FY2020-Q3RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide services with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually continues. - FY2020-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, owned rental apartments in the real estate business totaled 2,825 units in 67 buildings, as 398 new units in 6 buildings began accepting tenants.」
Against the real estate development policy of targeting 300 units annually, 398 new units in 6 buildings had begun accepting tenants by the end of the cumulative second quarter. As the company has not explicitly stated that the annual target had been fully achieved, this is treated as concrete progress. - FY2020-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide services with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually has been maintained. - FY2019-Q3RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide services with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually has been maintained. - FY2019-Q2RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide services with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually has been maintained. - FY2019-Q1RestatedAnnual report
「In the real estate business, centered on the rental apartment brand “A・City,” we plan and develop new services, including ancillary services, and provide services with the goal of achieving full occupancy at our rental apartments. We will also focus on the Nagoya area and pursue new development with an annual target of 300 units.」
The policy of focusing on the Nagoya area and targeting the development of 300 rental apartment units annually has been maintained. - FY2018SoftenedAnnual report
「Going forward, the Company plans to make the Nagoya area a priority region, set an investment yield of 12% and pursue new development targeting 300 units annually.」
The Nagoya area and a 12% investment yield were maintained, while the annual development target was reduced from the previous 500 units to 300 units. - FY2018-Q3RestatedAnnual report
「In the real estate business, centered on A・City rental apartments, the Company will plan and develop new services, including ancillary services, and provide services aimed at achieving full occupancy of its rental apartments. It will also make the Nagoya area a priority region and pursue new development targeting 500 units annually.」
The target of developing 500 units annually with the Nagoya area as a priority region remains in place. The 12% investment yield continues not to be mentioned. - FY2018-Q2SoftenedAnnual report
「In the real estate business, centered on A・City rental apartments, the Company will plan and develop new services, including ancillary services, and provide services aimed at achieving full occupancy of its rental apartments. It will also make the Nagoya area a priority region and pursue new development targeting 500 units annually.」
The target of developing 500 units annually with the Nagoya area as a priority region remains in place, but the previously stated 12% investment-yield benchmark has been omitted from this disclosure. - FY2017First statedAnnual report
「Going forward, the Company plans to make the Nagoya area a priority region, set an investment yield of 12% and pursue new development targeting 500 units annually.」
For the first time, the Company has specified concrete new-development targets for the real estate business combining a priority region, investment yield and annual unit development target.