50:50 gross profit ratio between the trading business and the stable business
First written in FY2017. 3 of 12 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「In each of the 4 businesses designated by the Company as stable businesses, namely real estate leasing, real estate funds and consulting, real estate property management, and hotels, progress against the full-year plan for consolidated operating profit exceeded 50%, indicating steady progress.」
Progress against the full-year operating profit plan exceeded 50% in all 4 stable businesses, indicating progress in portfolio management that balances the trading business and stable business. - FY2025AdvancedAnnual report
「Stable business ratio (based on operating profit) 50.5% 54.4% 45% or more」
The stable business ratio based on operating profit was 54.4% for the fiscal year ended November 2025, exceeding the final-year target of 45% or more. - FY2023RaisedAnnual report
「Stable business ratio (based on operating profit): 45% or more」
The target was raised from a stable business ratio of 42% or more under the previous medium-term plan to 45% or more based on operating profit under the new medium-term plan. The FY2023 actual result was 49.2%. - FY2022Change to the stable business ratio based on operating profitAnnual report
「Stable business ratio (based on operating profit): 47.5%; 43.5%; approximately 50%; 42% or more」
The previous 50:50 target based on gross profit was restructured as a quantitative target of a stable business ratio of 42% or more based on operating profit. The actual result for the fiscal year ended November 2022 was 43.0%. - FY2020Revision of the ratio target and variance from actual resultsAnnual report
「Stable business ratio (trading business: stable business): 50:50; 60:40; 24:76」
The final-year ratio target was changed from the initial 50:50 to 60:40 after revision, while the actual ratio was 24:76, resulting in a composition heavily weighted toward the stable business. - FY2020-Q3RestatedAnnual report
「In addition, the Company actively pursued initiatives to grow stable businesses less susceptible to market conditions, including the real estate funds and consulting business and the property management business.」
In line with the policy of achieving structural balance between the trading business and stable business, initiatives to grow stable businesses, including the funds and consulting business and property management business, were pursued. - FY2020-Q2SoftenedAnnual report
「The Company will use cash flow from stable businesses, including real estate leasing and real estate funds and consulting, to cover selling, general and administrative expenses, while working to restore the trading business and maintain liquidity and financial soundness.」
Rather than the previous quantitative target of a 50:50 gross profit ratio in the final year, the focus has shifted to a qualitative policy of restoring the trading business while covering fixed costs with cash flow from the stable business. - FY2018Restatement of the 50:50 targetAnnual report
「⑤ Increase in the stable business ratio: achieve a 50:50 gross profit ratio between the trading business and stable business in the final year (*2)」
Although the quantitative figure had been omitted from the quarterly report, the annual medium-term management plan again explicitly stated a 50:50 gross profit ratio between the trading business and stable business in the final year. - FY2018-Q3RestatedAnnual report
「In addition, by expanding revenue from the leasing, funds and consulting, and property management businesses designated as stable businesses, the Company will seek to balance the revenue structure with that of the securitization and development businesses and strengthen its ability to respond to changes in the operating environment.」
The quantitative 50:50 target between the trading business and stable business is not stated, and a qualitative policy of achieving structural balance through revenue growth in the stable business is reiterated. - FY2018-Q2RestatedAnnual report
「In addition, by expanding revenue from the leasing, funds and consulting, and property management businesses designated as stable businesses, the Company will seek to balance the revenue structure with that of the securitization and development businesses and strengthen its ability to respond to changes in the operating environment.」
The quantitative 50:50 target between the trading business and stable business is not stated, and a qualitative policy of achieving structural balance through revenue growth in the stable business is reiterated. - FY2018-Q1SoftenedAnnual report
「In addition, by expanding revenue from the leasing, funds and consulting, and property management businesses designated as stable businesses, the Company will seek to balance the revenue structure with that of the securitization and development businesses and strengthen its ability to respond to changes in the operating environment.」
The previous quantitative target of a 50:50 gross profit ratio between the trading business and stable business in the final year is not stated, and has been replaced by a qualitative expression concerning structural balance through revenue growth in the stable business. - FY2017First statedAnnual report
「⑤ Increase in the stable business ratio: achieve a 50:50 gross profit ratio between the trading business and stable business in the final year *」
The plan defines securitization and development as the trading business, and leasing, funds, consulting and property management as the stable business, and for the first time sets a target of a 50:50 gross profit composition in the final year.