Komori
Tosei (8923) · TargetHigher revenue, lower profitLatest Earnings (2026-10-05): "Advanced"

Establishing a new revenue-generating business following the 5 existing businesses

First written in FY2017. 13 of 21 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-05.

21entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2019-Q3AdvancedFY2021-Q3 – 2026-07-062018: 420182019: 420192020: 020202021: 120212022: 020222023: 320232024: 320242025: 120252026: 52026
Same theme, other companies
Creation and Development of New and Growth BusinessesA theme 185 companies write about · 0 as a headwind · 196 as a tailwind

100 other companies' latest entry also says "Advanced".

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 185 companies compared. The sentences above are computed from all 185.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-05AdvancedEarnings

    「We worked to improve room occupancy rates and average room rates at 12 hotels, including Tosei Hotel Cocone Kamata in Ota-ku, Tokyo, which opened in December 2025; Tosei Hotel Cocone Chiba Chuo in Chiba, Chiba, which opened in February 2026; and 2 hotels owned by Pelican Hotels Co., Ltd., which became a consolidated subsidiary through M&A in June 2026.」

    The number of hotels operated expanded to 12 through new openings and M&A, while segment profit in the hotel business declined 9.3% year on year.
  2. FY2026-H1Higher revenue, lower profitAnnual report

    「Revenue from the hotel business was ¥3,913 million, up 6.5% year on year, and segment profit was ¥1,381 million, down 9.2% year on year.」

    The hotel business increased revenue, while segment profit decreased 9.2% year on year.
  3. FY2025AdvancedAnnual report

    「As a result, revenue from the hotel business was ¥7,137 million, up 13.3% from the previous consolidated fiscal year, and segment profit was ¥2,809 million, up 27.3% from the previous consolidated fiscal year.」

    The hotel business, developed as a new revenue-generating business, continued to increase revenue and profit, with segment profit rising to ¥2,809 million.
  4. FY2025-H1AdvancedAnnual report

    「During the interim consolidated accounting period, room occupancy and average room rates improved as domestic demand recovered and inbound demand was captured, and both revenue and segment profit and loss significantly exceeded the levels of the same period of the previous year. As a result, revenue from the hotel business was ¥3,673 million, up 22.0% year on year, and segment profit was ¥1,521 million, up 45.4% year on year.」

    The hotel business, developed as a new revenue-generating business, increased revenue and profit as domestic demand recovered and inbound demand was captured, with segment profit up 45.4% year on year.
  5. FY2024-Q2AdvancedAnnual report

    「Revenue from the hotel business was ¥3,011 million, up 65.4% year on year, and segment profit was ¥1,046 million, up 120.0% year on year.」

    The hotel business, developed as a new revenue-generating business, increased revenue and profit as room occupancy and average room rates improved across its 8 properties, with segment profit up 120.0% year on year.
  6. FY2024-Q1AdvancedAnnual report

    「Revenue from the hotel business was ¥1,362 million, up 73.8% year on year, and segment profit was ¥414 million, up 191.4% year on year.」

    The hotel business, developed as a new revenue-generating business, increased revenue and profit through the operation of 8 properties, with segment profit up 191.4% year on year.
  7. FY2023AdvancedAnnual report

    「Revenue from the hotel business was ¥4,158 million, up 115.8% from the previous consolidated fiscal year, and segment profit was ¥990 million, compared with a segment loss of ¥315 million in the previous consolidated fiscal year.」

    The hotel business, developed as a new revenue-generating business following the 5 existing businesses, increased revenue and swung from a loss in the previous year to profit of ¥990 million.
  8. FY2023-Q3AdvancedAnnual report

    「Revenue from the hotel business was ¥2,826 million, up 111.2% year on year, and segment profit was ¥565 million, compared with a segment loss of ¥316 million in the same period of the previous year.」

    The hotel business, developed as a new revenue-generating business, swung from a loss in the same period of the previous year to profit of ¥565 million, indicating progress in monetization.
  9. FY2023-Q2AdvancedAnnual report

    「Revenue from the hotel business was ¥1,821 million, up 121.7% year on year, and segment profit was ¥475 million, compared with a segment loss of ¥259 million in the same period of the previous year.」

    The hotel business, developed as a new revenue-generating business, swung from a loss in the same period of the previous year to profit of ¥475 million, indicating progress as a revenue-generating business.
  10. FY2023-Q1AdvancedAnnual report

    「Segment profit and loss had remained negative since the spread of COVID-19, but the segment turned profitable.」

    The hotel business, developed as a new revenue-generating business following the 5 existing businesses, became profitable in the first quarter for the first time since the spread of COVID-19, driven by improvements in room occupancy and average room rates.
  11. FY2021-Q3AdvancedAnnual report

    「The Princess Group's business of acquiring, renovating and reselling used condominiums on a unit-by-unit basis represents a new business area for our Group, and is expected to expand our business scope and strengthen our existing businesses.」

    The acquisition of the business of acquiring, renovating and reselling used condominiums on a unit-by-unit basis through the acquisition of the Princess Group was presented as a new revenue-generating area following the hotel business.
  12. FY2019-Q3RestatedAnnual report

    「As part of our efforts to establish new revenue businesses, we newly created the Hotel Business segment from the fiscal year ending November 2019. In addition to operating and leasing existing properties, we are currently developing 3 own-brand hotels following Tosei Hotel COCONE Kanda, which opened in December 2017, and Tosei Hotel COCONE Ueno, which opened in December 2018, and will work to grow the hotel business and enhance the トーセイ brand.」

    The hotel business has been made a segment as a new revenue-generating business following the 5 existing businesses, with a policy of operating 2 hotels while proceeding with development of the Company's branded hotels at 3 additional locations.
  13. FY2019-Q2RestatedAnnual report

    「As part of our efforts to establish new revenue businesses, we newly created the Hotel Business segment from the fiscal year ending November 2019. In addition to operating and leasing existing properties, we are currently developing 3 own-brand hotels following Tosei Hotel COCONE Kanda, which opened in December 2017, and Tosei Hotel COCONE Ueno, which opened in December 2018, and will work to grow the hotel business and enhance the トーセイ brand.」

    The hotel business has been made a segment as a new revenue-generating business following the 5 existing businesses, with a policy of operating 2 hotels and proceeding with development of the Company's branded hotels at 3 locations.
  14. FY2019-Q1AdvancedAnnual report

    「As part of our efforts to establish new revenue businesses, we newly created the Hotel Business segment from the fiscal year ending November 2019. In addition to operating and leasing existing properties, we are currently developing 3 own-brand hotels following Tosei Hotel COCONE Kanda, which opened in December 2017, and Tosei Hotel COCONE Ueno, which opened in December 2018, and will work to grow the hotel business and enhance the トーセイ brand.」

    The hotel business has been made a reportable segment as a new revenue-generating business, 2 hotels have already opened, and development of the Company's branded hotels is under way at 3 additional locations.
  15. FY2018RestatedAnnual report

    「② Establishing a new revenue-generating business following the 5 existing businesses (*1)」

    The goal of establishing a new revenue-generating business following the 5 existing businesses is reiterated as a basic policy of the medium-term management plan.
  16. FY2018-Q3RestatedAnnual report

    「Under the medium-term management plan “Seamless Growth 2020,” whose first fiscal year is the fiscal year ending November 2018 (December 2017 to November 2020), our overarching policy is to “continue group growth toward realizing a firm position as a distinctive comprehensive real estate business.” Along with pursuing further growth in the 5 existing businesses and higher operating income, we aim to establish a new profitable business following the 5 businesses.」

    The goal of establishing a new revenue-generating business following the 5 existing businesses is reiterated in the explanation of the medium-term management plan.
  17. FY2018-Q2RestatedAnnual report

    「Under the medium-term management plan “Seamless Growth 2020,” whose first fiscal year is the fiscal year ending November 2018 (December 2017 to November 2020), our overarching policy is to “continue group growth toward realizing a firm position as a distinctive comprehensive real estate business.” Along with pursuing further growth in the 5 existing businesses and higher operating income, we aim to establish a new profitable business following the 5 businesses.」

    The goal of establishing a new revenue-generating business following the 5 existing businesses is reiterated.
  18. FY2018-Q1RestatedAnnual report

    「Under the medium-term management plan “Seamless Growth 2020,” whose first fiscal year is the fiscal year ending November 2018 (December 2017 to November 2020), our overarching policy is to “continue group growth toward realizing a firm position as a distinctive comprehensive real estate business.” Along with pursuing further growth in the 5 existing businesses and higher operating income, we aim to establish a new profitable business following the 5 businesses.」

    The goal of establishing a new revenue-generating business following the 5 existing businesses is reiterated in the explanation of the new medium-term management plan.
  19. FY2017First statedAnnual report

    「The plan sets as its basic policy the continuation of Group growth toward establishing a firm position as a unique, comprehensive real estate company, while pursuing further growth in the 5 existing businesses and higher operating profit, and aims to establish a new revenue-generating business following the 5 existing businesses.」

    In addition to the policy of expanding the existing 5 businesses, the new medium-term management plan explicitly stated for the first time the goal of establishing a new revenue-generating business following the 5 existing businesses.
Moved together

"Active acquisition of income-producing real estate and development sites as future sources of revenue" moved the same way as this thread, in the same document, in 13 of its 21 moves.

131313131212★123456
  1. ★This thread
  2. 1Active acquisition of income-producing real estate and development sites as future sources of revenue13×
  3. 2Real estate revitalization through the sale of value-added properties13×
  4. 3Development and sales of commercial facilities and detached houses13×
  5. 4J-REIT market expansion and acquisition capacity13×
  6. 5Expansion of Asset Management AUM Through Large-Scale Mandates12×
  7. 6New contract wins and expansion of the property portfolio under management12×

★ 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
No upcoming earnings preview for Tosei yet. It last moved in the Earnings of 2026-10-05: "Advanced".
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Establishing a new revenue-generating business following the 5 existing businesses | TOSEI CORPORATION (8923) | Komori