¥6 billion in overseas business revenue and ¥20 billion in total investment for the fiscal year ended March 2023
First written in FY2018. 7 of 14 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Sales launch and scheduled completion timing both changedAnnual report
「In Vietnam, sales of the second project, HIYORI Aqua Tower, for which construction began in the previous fiscal year, started in February 2026, and construction is progressing toward completion in the first half of 2027.」
Sales of Project No. 2 in the Vietnam overseas development business began in February 2026. However, the scheduled completion was changed to the first half of 2027 from the previous schedule of autumn 2026. - 2026-05-11AdvancedEarnings
「The second project, HIYORI Aqua Tower, for which construction began in the previous period, started sales in February 2026, and construction is progressing toward completion in the first half of 2027.」
Sales began and construction progressed on the second project in Da Nang, Vietnam. - FY2025-H1AdvancedAnnual report
「Construction of the second condominium project, HIYORI Aqua Tower, began in August, and completion is scheduled for autumn 2026. Sales activities will begin in the next fiscal year, while revenue and profit are scheduled to be recognized after completion, in 2026 and 2027.」
Although the previous overseas business targets themselves were not reiterated, the Vietnam-focused overseas development business progressed with the launch of construction on Project No. 2 in Da Nang, toward completion and the start of sales in autumn 2026. - FY2024-Q1SoftenedAnnual report
「The company is currently undertaking liquidation procedures for its Indonesian business.」
Within the scope of the overseas business previously centered on Vietnam and Indonesia, the Indonesian business progressed from withdrawal to liquidation procedures, narrowing the focus to Vietnam. - FY2023SoftenedAnnual report
「With the sale of all properties held in Indonesia in November, procedures to withdraw from the Indonesian business were initiated.」
The individual targets of ¥6 billion in overseas business revenue and ¥20 billion in total investment for FY2023 were not reiterated, and the scope of the previous business target was narrowed following the initiation of procedures to withdraw from the Indonesian business. - FY2023-Q3AdvancedAnnual report
「Revenue declined year on year in the quarter under review due to lower income from property sales, although income from the condominium management business in Vietnam, which is being developed as a recurring business, increased. Despite an inventory impairment loss in Indonesia, profit from property sales in Vietnam increased, resulting in higher profit for the quarter. The company sold all of its properties held in Indonesia in November, and the related revenue will be recognized in the fourth quarter (January-March).」
In the overseas business, profit from property sales and condominium management income increased in Vietnam, while all properties held in Indonesia were sold and the related revenue is scheduled to be recognized in the fourth quarter. Progress toward the medium-term targets coexisted with lower revenue caused by impairment losses and the absence of property sales recorded in the previous period. - FY2023-Q2Lower revenue and a loss due to the absence of property sales in the same period of the previous year and impairment lossesAnnual report
「Although revenue from condominium management and other services in Vietnam was recorded in the current period, revenue declined year on year due to the absence of property sales in Vietnam and Indonesia recorded in the same period of the previous year, and a loss was recorded due to an impairment loss on inventories in Indonesia.」
Residential development in Southeast Asia toward the medium-term overseas business targets is continuing, but revenue declined due to the absence of property sales in Vietnam and Indonesia in the same period of the previous year, and a loss was recorded due to an inventory impairment loss in Indonesia. - FY2022-Q1Lower revenue and profit due to the absence of a large project recorded in the same period of the previous yearAnnual report
「In the overseas development business, we are expanding into Southeast Asia, where growth is expected, developing real estate centered on condominiums and homes using advanced Japanese construction technology and focusing on enabling people across Asia to experience Japanese quality. Revenue and profit both declined significantly due to the reversal of the previous year’s contribution, when revenue from the high-rise condominium project in Da Nang, Vietnam, was included.」
The residential development policy centered on Vietnam and Indonesia remains in place, but overseas development business revenue and profit declined in the first quarter under review due to the反動 from recognizing revenue from the Da Nang project in the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「In Da Nang, Vietnam, the high-rise condominium HIYORI Garden Tower (306 units) was completed in December 2019, and handovers were completed in September this year. Because units handed over from January through June were recognized for accounting purposes in the cumulative second quarter under review, both revenue and profit increased substantially year on year.」
In relation to the medium-term overseas business targets, the 306-unit condominium in Da Nang completed handovers, and revenue and profit recognition for the handed-over units was recorded. - FY2020AdvancedAnnual report
「The high-rise condominium HIYORI Garden Tower in Da Nang, comprising 28 floors and 306 units, was completed in December 2019 and handovers began sequentially. The sale of development land in Da Nang for which all permits and approvals had been obtained also contributed to significant year-on-year increases in revenue and profit.」
In relation to the medium-term targets of ¥6 billion in overseas business revenue and ¥20 billion in total investment, the 28-story, 306-unit condominium in Da Nang was completed and progressed to the handover stage, and development land was also sold. - FY2020-Q3AdvancedAnnual report
「In Vietnam, the high-rise condominium development HIYORI Garden Tower was completed in December 2019, and handovers began sequentially. Although results were affected by an impairment loss on some inventories in the Indonesian business in the first quarter (April-June 2019), both revenue and profit increased substantially year on year due to the sale of condominium development land in Vietnam.」
In relation to the overseas business targets, the HIYORI Garden Tower project in Vietnam was completed and progressed to the handover stage, while revenue and profit also increased following the sale of condominium development land. - FY2019RestatedAnnual report
「● Overseas business: FY2023 revenue of ¥6 billion and total investment of ¥20 billion. Asia: Make focused investments in residential businesses in Vietnam and Indonesia (¥20 billion investment) and establish a brand supported by local communities by supplying high-quality homes through strong quality and planning.」
The targets and means of achieving overseas business revenue of ¥6 billion and total investment of ¥20 billion in FY2023, including focused investment in residential businesses in Vietnam and Indonesia, remain unchanged. - FY2019-Q3AdvancedAnnual report
「HIYORI Garden Tower, a 28-story condominium project in Da Nang that sold out in August 2018, topped out in January 2019, and construction is progressing smoothly toward completion in September of this year.」
As part of the expansion of its overseas business, the 28-story condominium project in Da Nang topped out after selling out, and construction progressed toward completion in September 2019. - FY2018First statedAnnual report
「● Overseas Business: revenue of ¥6 billion and total investment of ¥20 billion for the fiscal year ending March 2023. Asia: The Company will make focused investments of ¥20 billion in residential businesses in Vietnam and Indonesia and establish a brand supported by local residents by supplying quality housing through high standards of quality and planning.」
For its overseas business, the Company set targets of ¥6 billion in revenue and ¥20 billion in total investment for the fiscal year ending March 2023, identifying focused investment in residential businesses in Vietnam and Indonesia and brand establishment as the means of achieving them.