Entry into Non-Asset Businesses Including Renovation and Condominium Management
First written in FY2017. 5 of 9 entries say "Restated". Latest entry: 2026-07-01.
Wadakohsan moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2021: 2 of 16 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-07-01ReframedM&A and Subsidiary Changes
「Our corporate philosophy is “coexistence (Tomoiki),” whereby the way we live contributes to the happiness of others, and we aim to coexist with all stakeholders, including customers, shareholders and the local community. As a community-based real-estate company primarily operating in Kobe, Akashi and the Hanshin area, with condominium development as our core business, we subscribed in March 2016 to a third-party capital increase by 晴耕雨耕株式会社, whose main business is property management, and have worked to create business synergies.」
The company transferred its 100 shares in 晴耕雨耕株式会社, ending the capital relationship established through the investment. At the same time, it stated its policy of maintaining good cooperative relationships and business synergies among the three companies after the transfer, reorganizing its relationship with the property management company from a capital relationship into a cooperative relationship. - FY2026ReframedAnnual report
「The Company will also expand its business areas through the development of grid-scale battery storage facilities as a new business and, as part of its non-asset business initiatives, renovation and resale brokerage services for purchasers of the Company's properties, pursuing initiatives to create additional revenue opportunities.」
The specific non-asset business measures have expanded from strengthening cooperation with condominium management companies to renovation and resale brokerage services targeting purchasers of the Company's properties. The development of grid-scale battery storage facilities is recorded under t93. - FY2025RestatedAnnual report
「The Company is also seeking to expand its business areas through the development of battery storage facilities as a new business and by strengthening cooperation with condominium management companies as part of its non-asset business initiatives,」
The Company continues to expand revenue opportunities through non-asset businesses, including stronger cooperation with condominium management companies. The development of battery storage facilities was recorded separately as a new theme. - FY2024RestatedAnnual report
「The Company will also strengthen cooperation with condominium management companies and expand business areas such as non-asset businesses, pursuing initiatives to create additional revenue opportunities.」
The Company continues to expand its business areas by strengthening cooperation with condominium management companies and pursuing non-asset businesses. - FY2023RestatedAnnual report
「The Company will also strengthen cooperation with condominium management companies and expand business areas such as non-asset businesses, pursuing initiatives to create additional revenue opportunities.」
The Company continues to expand revenue opportunities by strengthening cooperation with condominium management companies and pursuing non-asset businesses. - FY2022RestatedAnnual report
「The Company will also strengthen cooperation with condominium management companies and expand business areas such as non-asset businesses, pursuing initiatives to create additional revenue opportunities.」
The Company continues to expand its business areas by strengthening cooperation with condominium management companies and pursuing non-asset businesses. - FY2019RestatedAnnual report
「As part of its other business initiatives, the Company will focus on whole-building sales of small income-generating properties made of wood or steel, while also beginning to expand its business areas to include non-asset businesses such as condominium management services.」
The Company has indicated that it will continue expanding into non-asset businesses, including whole-building sales of small income-generating properties and condominium management services. - FY2018AdvancedAnnual report
「Other revenue for the fiscal year consisted of ¥252 million from the renovation business, brokerage commissions, insurance agency commissions, cancellation deposits and other sources, equivalent to 262.9% of the previous fiscal year.」
The renovation business, an example of a non-asset business, was included in other income and recorded as other revenue of ¥252 million. - FY2017First statedAnnual report
「The Company will also expand business areas such as non-asset businesses by strengthening cooperation with condominium management companies and promoting its renovation business, pursuing initiatives to create additional revenue opportunities.」
The Company has newly defined specific measures to expand revenue opportunities through cooperation with condominium management companies, its renovation business and non-asset businesses.