Real estate business through renovated, shared-use mixed-use facilities
First written in FY2016. 16 of 23 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「The real estate sales business reported higher revenue, mainly due to increased sales of high-end renovated properties and sales of investment condominiums. As a result, operating revenue was ¥42.42 billion, up 43.4% year on year, and operating profit was ¥9.078 billion, up 23.7%.」
Due to increased sales of high-end renovated properties and investment condominiums, operating revenue in the real estate business rose 43.4% year on year and operating profit rose 23.7%. - FY2024-Q2AdvancedAnnual report
「The real estate sales business reported higher revenue, mainly due to increased sales of renovated properties. As a result, operating revenue was ¥23.926 billion, up 7.5% year on year, and operating profit was ¥6.526 billion, up 13.1%.」
Due to increased sales of renovated properties, operating revenue in the real estate business rose 7.5% year on year and operating profit rose 13.1%. - FY2023AdvancedAnnual report
「The real estate sales business reported higher revenue, mainly due to increased sales of for-sale condominiums and investment condominiums. As a result, operating revenue was ¥52.841 billion, up 11.9% from the previous fiscal year, and operating profit was ¥12.09 billion, up 15.5%.」
Increased sales of for-sale condominiums and investment condominiums resulted in higher operating revenue and operating profit in the real estate business. - FY2023-Q3AdvancedAnnual report
「The real estate sales business reported higher revenue, mainly due to increased sales of for-sale condominiums and investment condominiums. As a result, operating revenue was ¥36.15 billion, up 13.7% year on year, and operating profit was ¥9.12 billion, up 10.4%.」
Due to increased sales of for-sale condominiums and investment condominiums, operating revenue in the real estate business rose 13.7% year on year and operating profit rose 10.4%. - FY2023-Q1AdvancedAnnual report
「The real estate leasing business reported higher revenue, mainly due to improved occupancy rates at existing properties. The real estate sales business also reported higher revenue, mainly due to increased sales of investment condominiums. As a result, operating revenue was ¥12.038 billion, up 10.5% year on year, and operating profit was ¥3.04 billion, up 4.8%.」
Due to improved occupancy rates at existing properties and increased sales of investment condominiums, operating revenue in the real estate business rose 10.5% year on year and operating profit rose 4.8%. - FY2022-Q3AdvancedAnnual report
「The real estate leasing business reported higher revenue, mainly due to the operation of new properties. In contrast, the real estate sales business reported lower revenue, reflecting lower sales of renovated properties. As a result, operating revenue was ¥32.119 billion, down 3.6% year on year, while operating profit was ¥8.261 billion, up 3.2%.」
The leasing business reported higher revenue due to the operation of new properties, while the sales business reported lower revenue. Operating profit for the real estate business as a whole nevertheless rose 3.2% year on year. - FY2022-Q2AdvancedAnnual report
「The real estate leasing business reported higher revenue, mainly due to improved occupancy rates at existing properties. The real estate sales business also reported higher revenue, mainly due to increased sales of renovated properties. As a result, operating revenue was ¥21.587 billion, up 11.0% year on year, and operating profit was ¥5.698 billion, up 15.6%.」
Due to improved occupancy rates at existing properties and increased sales of renovated properties, operating revenue in the real estate business rose 11.0% year on year and operating profit rose 15.6%. - FY2022-Q1AdvancedAnnual report
「The real estate leasing business reported higher revenue, mainly due to improved occupancy rates at existing properties. The real estate sales business also reported higher revenue, mainly due to increased sales of renovated properties. As a result, operating revenue was ¥10.894 billion, up 21.3% year on year, and operating profit was ¥2.901 billion, up 25.5%.」
Due to improved occupancy rates at existing properties and increased sales of renovated properties, operating revenue in the real estate business rose 21.3% year on year and operating profit rose 25.5%. - FY2021-Q3AdvancedAnnual report
「The real estate leasing business reported lower revenue despite contributions from properties acquired in the previous fiscal year. In contrast, the real estate sales business reported higher revenue, mainly due to increased sales of renovated properties. As a result, operating revenue was ¥33.17 billion, up 6.1% year on year, and operating profit was ¥8.01 billion, up 4.2%.」
While the real estate leasing business reported lower revenue, higher sales of renovated properties resulted in higher revenue in the real estate sales business, with operating revenue for the real estate business as a whole up 6.1% and operating profit up 4.2%. - FY2021-Q2Deterioration in resultsAnnual report
「The real estate leasing business reported lower revenue despite contributions from properties acquired in the previous fiscal year, due to the impact of requests to refrain from going out, reduced operating hours and temporary closures at stores and facilities. The real estate sales business also reported lower revenue, reflecting lower sales of investment condominiums and renovated properties.」
The leasing business benefited from properties acquired in the previous fiscal year, but revenue declined due to requests to refrain from going out, reduced operating hours and temporary closures. Sales in the real estate sales business also declined for investment condominiums and renovated properties. - FY2021-Q1Deterioration in resultsAnnual report
「The real estate leasing business reported lower revenue despite contributions from properties acquired in the previous fiscal year, due to reduced operating hours and temporary closures at stores and facilities, as well as the impact of requests to refrain from going out. The real estate sales business also reported lower revenue, reflecting lower sales of investment condominiums and renovated properties.」
Despite contributions from properties acquired in the previous fiscal year, the real estate business reported lower revenue due to reduced operating hours and temporary closures at stores and facilities, as well as lower sales of investment condominiums and renovated properties. - FY2020AdvancedAnnual report
「In addition, in its business of renovating existing buildings into shared-use hotels with spaces where guests and local residents can interact, and operating those hotels, the company opened TSUGU Kyoto Sanjo and KIRO Hiroshima, and completed construction of KAIKA Tokyo, for which it proceeded with preparations for opening.」
The company expanded the redevelopment of existing buildings into shared residences, offices and hotels, opening TSUGU Kyoto Sanjo and KIRO Hiroshima and completing construction of KAIKA Tokyo. - FY2020-Q3RestatedAnnual report
「The real estate leasing business reported higher revenue, mainly because properties acquired in the previous fiscal year contributed to results. In contrast, the real estate sales business reported lower revenue, reflecting lower sales of renovated properties and investment condominiums.」
It reconfirms higher leasing revenue due to contributions from properties acquired in the previous fiscal year, and lower sales revenue due to reduced sales of renovated properties and investment condominiums. - FY2020-Q2RestatedAnnual report
「The real estate leasing business reported higher revenue, mainly because properties acquired in the previous fiscal year contributed to results. In contrast, the real estate sales business reported lower revenue, reflecting lower sales of investment condominiums and renovated properties.」
The statement notes that properties acquired in the previous fiscal year contributed to higher revenue in the real estate leasing business, while lower sales of investment condominiums and renovated properties resulted in lower revenue in the real estate sales business. - FY2019AdvancedAnnual report
「In the real estate leasing business, the company renovated Keio Sasazuka Building and began leasing residential and retail space as Sasazuka Terrace, while also opening part of the property as KARIO SASAZUKA TERRACE, an accommodation facility for medium- to long-term stays. It also began leasing 12 SHINJUKU, a shared office created by renovating an existing office building in Nishi-Shinjuku, Shinjuku-ku, and opened RAKURO Kyoto in its business of renovating existing buildings into shared-use hotels with spaces where guests and local residents can interact.」
The initiative to convert existing buildings into residences and retail space, accommodation facilities, shared offices and shared-use hotels progressed to the opening and start of leasing of multiple properties. - FY2019-Q3AdvancedAnnual report
「The real estate leasing business reported higher revenue, helped by an increase in rental properties and other factors. The real estate sales business also reported higher revenue, helped by increased sales of renovated properties and an increase in the number of investment condominiums sold. Accordingly, operating revenue was ¥35,400 million, up 25.9% year on year, and operating profit was ¥7,911 million, up 9.6%.」
Increases in rental properties, sales of renovated properties and the number of investment condominiums sold resulted in operating revenue in the real estate business increasing 25.9% year on year and operating profit increasing 9.6%. - FY2019-Q2AdvancedAnnual report
「The real estate leasing business reported higher revenue, helped by an increase in rental properties and other factors. The real estate sales business also reported higher revenue, helped by an increase in the number of investment condominiums sold and other factors. Accordingly, operating revenue was ¥23,378 million, up 24.2% year on year, and operating profit was ¥5,288 million, up 5.8%.」
In the real estate business, increases in rental properties and the number of investment condominiums sold contributed to higher revenue. Operating revenue increased 24.2% year on year and operating profit increased 5.8%. - FY2018AdvancedAnnual report
「In the real estate leasing business, the Company renovated a corporate dormitory into the shared-use international student residence グローバルハウス調布 and the shared-use rental housing facility シェアプレイス調布多摩川, creating spaces for international exchange among foreign students, Japanese students and working adults. It also began leasing シェアプレイス明大前 and BEAKER 日本橋人形町, which combines shared-use rental housing, small offices and retail space.」
The launch of leasing for shared-use housing and mixed-use facilities created through the redevelopment of existing buildings expanded to multiple properties. The shared-use mixed hotels HakoBA 函館 and KUMU 金沢 also opened. - FY2018-Q3RestatedAnnual report
「The real estate sales business reported higher revenue, helped by increased sales of renovated properties and other factors.」
The higher revenue in the real estate sales business from increased sales of renovated properties is again identified as a continuing business result. - FY2017AdvancedAnnual report
「In the real estate leasing business, the Company renovated a corporate dormitory for single employees and began leasing it as the shared-use rental housing facility シェアプレイス行徳. It also completed the urban rental apartment building ＭＯＤＩＥＲ代々木 and began leasing units.」
The Company proceeded with the launch of leasing for shared-use rental housing created through the renovation of an existing building, as well as the completion and start of leasing for an urban rental apartment building. - FY2017-Q2RestatedAnnual report
「The real estate sales business reported higher revenue, helped by increased sales of renovated properties and other factors. Accordingly, operating revenue was ¥18,735 million, up 5.5% year on year, and operating profit was ¥5,185 million, up 0.4%.」
The increase in sales of renovated properties and higher real estate revenue are again identified as business results continuing from the previous quarter. - FY2017-Q1AdvancedAnnual report
「The real estate sales business reported higher revenue, helped by increased sales of renovated properties and other factors.」
The increase in sales of renovated properties resulted in higher revenue in the real estate sales business, demonstrating progress in the renovation business. - FY2016First statedAnnual report
「The Company began a business of acquiring older buildings, renovating them and converting them into THE SHARE HOTELS, a shared-use mixed hotel providing spaces where guests and local residents can interact.」
The Company has launched a new business linking the acquisition and redevelopment of existing real estate with lodging and interaction among local residents.