Developing lodging facilities and short-term rental apartments in central Kyoto
First written in FY2016-Q3. 3 of 5 entries say "Advanced", first in FY2016. Latest entry: FY2018-Q3.
1 other company's latest entry also says "Advanced".
- FY2018-Q3AdvancedAnnual report
「The Group sold development land for accommodation facilities in Kyoto City, including “Kyoto Nishishichijo,” “Matsubaradori Yuimachi,” and “Nishijin Senbondori.”」
The disclosure reports the sale of multiple properties comprising development land for accommodation facilities in Kyoto City, indicating progress toward the exit stage for the development land. - FY2018-Q2RestatedAnnual report
「As part of its used-property renovation and resale business, the Group converted an apartment building in Nakagyo Ward, Kyoto City, Kyoto Prefecture, into an accommodation facility and delivered it.」
The delivery of a converted apartment building in Nakagyo Ward, Kyoto City, as an accommodation facility is reported again, but no new progress from the previous quarterly report is specified. - FY2018-Q1AdvancedAnnual report
「As part of its used-property renovation and resale business, the Group converted an apartment building in Nakagyo Ward, Kyoto City, Kyoto Prefecture, into an accommodation facility and delivered it.」
An apartment building in Nakagyo Ward, Kyoto City, was converted into an accommodation facility and delivery was completed. Accommodation facility development in Kyoto has progressed from the planning and development stage to the execution stage. - FY2016AdvancedAnnual report
「Some consolidated subsidiaries acquired assets for a rental real estate development project in central Kyoto, Kyoto Prefecture. As the rental real estate was still under development at the end of the current consolidated fiscal year, there were no applicable gains or losses related to rental real estate. The main increase during the current consolidated fiscal year was the acquisition of real estate (¥510.498 million).」
Land for an accommodation facility development project in central Kyoto was recognized as an asset of ¥510.498 million at the end of the fiscal year, and the disclosure states that it was still in development and at an initial stage. - FY2016-Q3First statedAnnual report
「During the third quarter of the current consolidated fiscal year, the Group acquired development land for rental real estate in central Kyoto, an area that attracts many tourists from Japan and overseas. The Group plans to construct accommodation facilities on the site, where demand is expected to expand as Japan's tourism industry becomes even more active ahead of the Tokyo Olympics, and to promote its private-lodging-style condominium development business.」
The Group plans to develop accommodation facilities and private-lodging-style condominiums, anticipating an increase in accommodation demand ahead of the Tokyo Olympics, starting with the acquisition of land in central Kyoto.