Komori
Tosho (8920) · FactSmaller portfolio following property sales

High Occupancy Rates at Rental Apartment Buildings

First written in FY2016. 16 of 25 entries say "Restated". Latest entry: FY2026-H1.

25entries
10years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2021RestatedFY2024-Q1 – FY2026-H12016: 120162017: 320172018: 420182019: 220192020: 220202021: 420212022: 320222023: 420232024: 120242025: 12025
Same theme, other companies
Maintaining Occupancy Rates for Owned Real EstateA theme 60 companies write about · 0 as a headwind · 69 as a tailwind

The whole theme swung hardest in 2022: 7 of 52 companies on the "Worse" side.

5 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 60 companies compared. The sentences above are computed from all 60.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Smaller portfolio following property salesAnnual report

    「During the current interim consolidated accounting period, the Company sold 1 of its rental apartment buildings, comprising 80 units, in June 2025.」

    The Company sold 1 rental apartment building comprising 80 units, reducing the portfolio from 52 buildings and 2,120 units at the end of the previous fiscal year to 51 buildings and 2,040 units.
  2. FY2024-Q3RestatedAnnual report

    「At the rental apartments "A・City" operated by the company, efforts were made to enhance in-unit facilities to meet residents’ needs and develop living environments where residents can live comfortably and securely, with the aim of achieving full occupancy. In addition, efforts focused on enhancing plans tailored to residents’ needs and interior finishes, taking into account the location and occupancy rate of each apartment building.」

    The Company continues to improve facilities and the living environment and enhance occupancy plans and interiors for residents, with the goal of achieving full occupancy.
  3. FY2024-Q2RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy.」

    The Company continues to improve facilities and the living environment with the goal of achieving high occupancy and full occupancy, but did not disclose the occupancy rate for the quarter.
  4. FY2024-Q1RestatedAnnual report

    「At the end of the current consolidated fiscal year, the real estate business owned 1,701 rental apartment units in 44 buildings. At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy.」

    The portfolio comprises 1,701 units in 44 buildings, and the Company continues to improve facilities and the living environment with the goal of achieving full occupancy.
  5. FY2023AdvancedAnnual report

    「In the real estate business, the Company builds rental apartments under the A・City brand, mainly in Nagoya, Aichi Prefecture, and owns 1,701 units in 44 buildings in Aichi Prefecture. Occupancy has also remained stable.」

    The rental apartment portfolio comprises 1,701 units in 44 buildings, and the disclosure states that occupancy has remained stable.
  6. FY2023-Q3AdvancedAnnual report

    「At the end of the third quarter of the current consolidated accounting period, the real estate business owned 1,596 rental apartment units in 42 buildings.」

    The rental apartment portfolio increased from 1,523 units in 41 buildings at the end of the previous quarter to 1,596 units in 42 buildings.
  7. FY2023-Q2RestatedAnnual report

    「At the end of the second quarter of the current consolidated accounting period, the real estate business owned 1,523 rental apartment units in 41 buildings. At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy. The Company also offered occupancy plans, including reduced move-in cost plans and pet-friendly options, taking into account the location and occupancy rate of each apartment building.」

    Although the portfolio is shrinking, the Company continues to improve facilities and the living environment and offer occupancy plans with the goal of achieving full occupancy.
  8. FY2023-Q1RestatedAnnual report

    「At the rental apartments "A・City" operated by the company, efforts were made to enhance in-unit facilities to meet residents’ needs and develop living environments where residents can live comfortably and securely, with the aim of achieving full occupancy. In addition, plans such as rent-reduction and pet-friendly options were offered, taking into account the location and occupancy rate of each apartment building.」

    With the goal of achieving full occupancy, the Company continues to improve facilities and the living environment and offer occupancy plans tailored to each property’s location and occupancy rate.
  9. FY2022AdvancedAnnual report

    「The Company also offered occupancy plans, including reduced move-in cost plans and pet-friendly options, taking into account the location and occupancy rate of each apartment building.」

    The Company continues to offer occupancy plans tailored to residents’ needs, while the average annual occupancy rate remained stable at 98%.
  10. FY2022-Q2AdvancedAnnual report

    「The revenue contribution from the 235 units in 4 buildings that began occupancy in the previous fiscal year, together with the higher occupancy rate, brought real estate business revenue for the cumulative second quarter of the current consolidated fiscal year to ¥833 million, up 14.6% year on year.」

    The revenue contribution from the 235 units in 4 buildings that began occupancy in the previous fiscal year and the higher occupancy rate lifted real estate business revenue 14.6% year on year.
  11. FY2022-Q1AdvancedAnnual report

    「The revenue contribution from the 235 units in 4 buildings that began occupancy in the previous fiscal year, together with the higher occupancy rate, brought real estate business revenue for the cumulative first quarter of the current consolidated fiscal year to ¥410 million, up 12.3% year on year.」

    Higher occupancy and the revenue contribution from the 235 units in 4 buildings that began occupancy in the previous fiscal year lifted real estate business revenue 12.3% year on year.
  12. FY2021RestatedAnnual report

    「Four buildings comprising 235 units at the rental apartment complex A・City began accepting residents, and the average annual occupancy rate of the rental apartments that began occupancy remained stable at 95.3%.」

    The Company disclosed an average annual occupancy rate of 95.3% for the newly occupied units and continues to regard occupancy as stable.
  13. FY2021-Q3RestatedAnnual report

    「At the end of the third quarter of the current consolidated accounting period, the real estate business owned 2,191 rental apartment units in 55 buildings. At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy.」

    The portfolio comprises 2,191 units in 55 buildings, and the Company continues to improve facilities and the living environment with the goal of achieving full occupancy.
  14. FY2021-Q1RestatedAnnual report

    「At the end of the first quarter of the current consolidated accounting period, the real estate business owned 2,066 rental apartment units in 53 buildings. At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy.」

    Based on a portfolio of 53 buildings and 2,066 units after the property sales, the Company continues to improve facilities and the living environment with the goal of achieving full occupancy.
  15. FY2020-Q3RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy, but did not disclose the occupancy rate for the quarter.
  16. FY2020-Q1RestatedAnnual report

    「At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy. Revenue from the 135 units in 3 buildings that began occupancy in the previous fiscal year contributed to revenue growth, bringing real estate business revenue for the cumulative first quarter of the current consolidated fiscal year to ¥425 million, up 7.6% year on year.」

    The rental apartment portfolio comprises 2,427 units in 61 buildings. The Company continues to improve facilities and the living environment, while revenue from the 135 units in 3 buildings that began occupancy in the previous fiscal year lifted real estate revenue 7.6% year on year.
  17. FY2019-Q3RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy. As a result, real estate revenue for the nine-month period of the current fiscal year amounted to ¥1,207 million, up 5.8% year on year.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy. Real estate business revenue increased 5.8% year on year.
  18. FY2019-Q2RestatedAnnual report

    「At the end of the second quarter of the current consolidated accounting period, the real estate business owned 2,292 rental apartment units in 58 buildings. At the rental apartment complex A・City operated by the Company, efforts were made to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment, with the goal of achieving full occupancy.」

    The portfolio comprises 2,292 units in 58 buildings, and the Company continues to improve facilities and the living environment with the goal of achieving full occupancy.
  19. FY2019-Q1RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy, but did not disclose the occupancy rate for the quarter.
  20. FY2018AdvancedAnnual report

    「At the rental apartment complex A・City, efforts to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment resulted in an average annual occupancy rate of 98.6%. Revenue for the current consolidated fiscal year was ¥1,532 million, up 3.6% from the previous fiscal year.」

    The average annual occupancy rate rose from 97.4% in the previous fiscal year to 98.6%, while real estate revenue increased 3.6% from the previous fiscal year.
  21. FY2018-Q3RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy. As a result, real estate revenue for the nine-month period of the current fiscal year amounted to ¥1,140 million, up 2.5% year on year.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy, but did not disclose the occupancy rate for the quarter.
  22. FY2018-Q2RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy, but did not disclose the occupancy rate for the quarter.
  23. FY2017WorsenedAnnual report

    「At the rental apartment complex A・City, efforts to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment resulted in an occupancy rate of 97.4% at the end of the current consolidated fiscal year. Revenue for the current consolidated fiscal year was ¥1,479 million, up 2.2% year on year.」

    The period-end occupancy rate was 97.4%, down 0.6 percentage points from 98.0% in FY2016, while real estate revenue increased 2.2% from the previous fiscal year.
  24. FY2017-Q3RestatedAnnual report

    「At the A・City rental apartments operated by the company, we worked to enhance in-room facilities in line with residents' needs and develop a living environment where residents can live with peace of mind, with the aim of achieving full occupancy.」

    The Company continues to improve facilities and the living environment with the goal of achieving full occupancy, but did not disclose the occupancy rate for the quarter.
  25. FY2016First statedAnnual report

    「At the rental apartment complex A・City, efforts to enhance in-unit facilities in line with residents’ needs and provide a comfortable living environment resulted in an occupancy rate of 98.0% at the end of the current consolidated fiscal year. Revenue for the current consolidated fiscal year was ¥1,446 million, up 2.1% from the previous fiscal year.」

    Through improvements to facilities and the living environment, the period-end occupancy rate was 98.0% and real estate revenue increased 2.1% from the previous fiscal year.
Moved together

"Revenue and Profit Growth" moved the same way as this thread, in the same document, in 5 of its 25 moves.

543322★123456
  1. ★This thread
  2. 1Revenue and Profit Growth5×
  3. 2Higher Hotel Occupancy and Room Rates4×
  4. 3Stable, Ongoing Dividends and Retained Earnings3×
  5. 4Ownership of 2,120 rental-apartment units in 52 buildings3×
  6. 5Energy-Saving Activities and Environmental Protection2×
  7. 6New sports club and hotel openings2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tosho's next results are scheduled for 2026-11-11. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.