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Asian Star Co. (8946) · TargetWorsenedLatest Business Alliances (2026-10-23): "Advanced"

Increasing the Number of Rental Properties Under Management

First written in FY2016. 8 of 11 entries say "Worsened", first in FY2017. Latest entry: 2026-10-23.

11entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017 – FY20212017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 020232024: 020242025: 120252026: 52026
Same theme, other companies
Expanding Earnings Through Differentiated Management Services and Greater Operating EfficiencyA theme 22 companies write about · 0 as a headwind · 30 as a tailwind

Asian Star Co. moved to the "Worse" side of this theme in 2018.

The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.

15 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 22 companies compared. The sentences above are computed from all 22.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1WorsenedAnnual report

    「In addition to a slight decline in the number of rental units under management, low property utilization rates at the Chinese subsidiary, against a backdrop of heightened geopolitical risks including Japan-China relations in recent years, weighed on results. Revenue was ¥294 million, down 10.4% year on year.」

    管理受託戸数の増加を目指す方針に対し、賃貸管理戸数は微減となった。
  2. 2026-05-13WorsenedEarnings

    「In addition to a slight decline in the number of rental units under management, utilization rates at the Chinese subsidiary remained low against a backdrop of geopolitical risks, including Japan-China relations. As a result, revenue was ¥143 million, down 11.0% year on year, and operating income was ¥25 million, down 14.0%.」

    The slight decline in rental units under management was disclosed, indicating a numerical setback relative to the theme of increasing units under management.
  3. FY2025WorsenedAnnual report

    「このような競争優位性を活かして、不動産販売事業や投資・アセットマネジメント・コンサルティング事業に関連する賃貸不動産の管理業務受託件数の増加を目指してまいります。/当社分譲物件 1,720 その他 1,791 合計 3,511」

    関連事業の賃貸不動産について管理受託件数の増加を目指す方針は継続しているが、管理戸数は前年度の3,786戸から3,511戸へ減少した。
  4. FY2024AdvancedAnnual report

    「このような競争優位性を活かして、当該エリアにおいて他社が開発・分譲した賃貸不動産の管理業務受託件数の増加を目指してまいります。/当社分譲物件 1,879 その他 1,907 合計 3,786」

    管理受託戸数は前年度の3,550戸から3,786戸へ増加し、その他物件の管理戸数も1,500戸から1,907戸へ増加した。管理受託件数増加の方針に対して数値面の前進が確認できる。
  5. FY2021WorsenedAnnual report

    「当社分譲物件2,359 その他1,118 合計3,477」

    管理戸数は前年度の3,740戸から3,477戸へ減少した一方、他社物件の管理受託件数増加を目指す方針は継続している。
  6. FY2020WorsenedAnnual report

    「このような競争優位性を活かして、当該エリアにおいて他社が開発・分譲した賃貸不動産の管理業務受託件数の増加を目指してまいります。/当社分譲物件2,584 その他1,156 合計3,740」

    管理受託戸数の増加目標と具体策は継続しているが、管理戸数は前年度の3,943戸から3,740戸へ減少した。
  7. FY2019WorsenedAnnual report

    「このような競争優位性を活かして、当該エリアにおいて他社が開発・分譲した賃貸不動産の管理業務受託件数の増加を目指してまいります。/物件形態別管理実績 当社分譲物件2,793 その他1,150 合計3,943」

    管理受託件数の増加目標は継続しているが、管理戸数は前年度の4,077戸から3,943戸へ減少した。
  8. FY2017WorsenedAnnual report

    「このような競争優位性を活かして、当該エリアにおいて他社が開発・分譲した賃貸不動産の管理業務受託件数の増加を目指してまいります。/当連結会計年度末の管理戸数は、当社分譲物件3,157戸、その他1,206戸、合計4,363戸となりました。」

    管理受託戸数の増加目標と具体策は継続しているが、管理戸数は前年度の4,760戸から4,363戸へ減少している。
  9. FY2016First statedAnnual report

    「Using these competitive advantages, we will seek to increase the number of management contracts for rental properties developed and sold by other companies in the area.」

    The Company first explicitly stated its goal of increasing management contracts for properties owned by other companies by leveraging operational efficiency and tenant services in the Yokohama and Kawasaki areas.
Moved together

"Deterioration in Profitability of Overseas Real Estate Management and Leasing Businesses Due to China’s Economic Conditions" moved the same way as this thread, in the same document, in 7 of its 11 moves.

766554★123456
  1. ★This thread
  2. 1Deterioration in Profitability of Overseas Real Estate Management and Leasing Businesses Due to China’s Economic Conditions7×
  3. 2Deterioration in Operating Profit, Ordinary Profit and Net Profit Despite Higher Revenue6×
  4. 3Interest Burden From Higher Interest-Bearing Debt and Market Interest Rates6×
  5. 4Resilient Demand for High-Quality Properties in Good Locations5×
  6. 5Operating Loss and Impairment Loss on Operating Investment Securities in the Investment Business5×
  7. 6Launch of the Investment Business4×

★ 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 Asian Star Co. yet. It last moved in the Business Alliances of 2026-10-23: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Increasing the Number of Rental Properties Under Management | ASIAN STAR CO. (8946) | Komori