Komori
Chichibu Railway (9012) · InitiativeAdvanced

Acquisition of land at the south exit of Kumagaya Station and plans for future higher and better use

First written in FY2017. 14 of 24 entries say "Restated". Latest entry: FY2027-H1.

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ProgressHeldSoftenedWorseRestatedFY2018 – FY2023-Q3RestatedFY2024-Q2 – FY20262017: 220172018: 320182019: 120192020: 120202021: 420212022: 320222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Enhancing Real Estate Earnings through Coordination with the Railway BusinessA theme 6 companies write about · 0 as a headwind · 7 as a tailwind

5 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.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「In the real estate business, rental income increased from the same period of the previous year, mainly due to higher occupancy rates at rental properties, including parking facilities. As a result, operating revenue was ¥176 million, up 3.9% year on year, and operating profit was ¥98 million, up 2.9%.」

    Although revenue and profit declined in the previous interim period due to lower occupancy rates at rental buildings, operating revenue and operating profit increased year on year in the current interim period due to higher occupancy rates at rental properties, including parking facilities.
  2. FY2026Full-year confirmation of the revenue decline due to lower occupancy rates at rental buildingsAnnual report

    「In the real estate business, rental income decreased from the previous fiscal year due to lower occupancy rates at rental buildings and other factors.」

    Rental income decreased due to lower occupancy rates at rental buildings and other factors, continuing the trend seen in the interim period. Full-year operating revenue in the real estate business decreased 7.9% from the previous fiscal year, and operating profit decreased 16.1%.
  3. FY2026-H1Revenue decline due to lower occupancy rates at rental buildingsAnnual report

    「In the real estate business, rental income decreased from the same period of the previous year due to lower occupancy rates at rental buildings and other factors.」

    Unlike the previously reported increase in rental income due to higher occupancy rates at parking facilities and elsewhere, rental income decreased in the current interim consolidated accounting period due to lower occupancy rates at rental buildings and other factors. Operating revenue was ¥169 million, down 8.8% year on year, and operating profit was ¥96 million, down 14.4%.
  4. FY2025RestatedAnnual report

    「In the real estate business, rental income increased from the previous fiscal year, mainly due to higher occupancy rates at parking facilities, while revenue from contract construction decreased from the previous fiscal year.」

    Rental income increased due to higher occupancy rates at parking facilities and elsewhere, and operating profit in the real estate business also increased 22.3% year on year. The trend of improving stable revenue through the use of properties near stations is continuing.
  5. FY2025-H1RestatedAnnual report

    「In the real estate business, rental income increased from the same period of the previous year, mainly due to higher occupancy rates at rental properties, including parking facilities. As a result, operating revenue was ¥186 million, up 3.1% year on year, and operating profit was ¥112 million, up 16.6%.」

    Rental income increased due to higher occupancy rates at rental properties, including parking facilities, resulting in year-on-year increases in operating revenue and operating profit in the real estate business. The trend of improving stable revenue through the use of properties near stations is continuing.
  6. FY2024-Q3RestatedAnnual report

    「In the real estate business, rental income increased year on year as parking utilization improved.」

    Higher parking utilization led to an increase in rental income year on year, continuing the trend of improving stable revenue through the use of station-front real estate.
  7. FY2024-Q2RestatedAnnual report

    「In the real estate business, rental income increased year on year due to higher parking utilization and occupancy rates at rental properties.」

    Higher parking utilization and occupancy rates at rental properties increased rental income, continuing the improving trend in real estate utilization aimed at stable revenue. Operating revenue increased 5.2% year on year and operating income increased 33.5%.
  8. FY2024-Q1AdvancedAnnual report

    「In addition, to expand stable revenue, the company used company-owned land in front of Omaeda Station to build a new apartment building and commenced leasing.」

    As a way to utilize company-owned land in front of a station, the company built an apartment building in front of Omaeda Station and commenced leasing. Concrete progress was made in utilizing real estate to expand stable revenue.
  9. FY2023RaisedAnnual report

    「In addition, to expand stable revenue, the company will examine and implement ways to utilize idle real estate, primarily around stations.」

    In addition to the existing use of the parking facility at the south exit of Kumagaya Station and other properties, the company is expanding its efforts to the broader utilization of idle real estate, primarily around stations, with the aim of increasing stable revenue.
  10. FY2023-Q3RestatedAnnual report

    「In the real estate business, rental income increased year on year as utilization of the parking facility at the south exit of Kumagaya Station improved.」

    Higher utilization of the parking facility at the south exit of Kumagaya Station led to an increase in rental income year on year, continuing the improvement in real estate revenue through the use of parking facilities.
  11. FY2023-Q2RestatedAnnual report

    「In the real estate business, increases in orders received for contract construction and higher utilization of the parking facility at the south exit of Kumagaya Station led to year-on-year increases in both contract construction revenue and rental income.」

    The increase in orders received for contract construction and higher utilization of the parking facility at the south exit of Kumagaya Station led to year-on-year increases in contract construction revenue and rental income. The company continues to report a recovery in parking utilization and an improvement in real estate revenue.
  12. FY2023-Q1RestatedAnnual report

    「In the real estate business, the number of orders received for contract construction increased, and higher parking utilization led to increases in both contract construction revenue and rental income from the same period of the previous year.」

    The increase in orders received for contract construction and higher parking utilization led to year-on-year increases in contract construction revenue and rental income. The company continues to report a recovery in parking utilization and an improvement in real estate revenue.
  13. FY2022-Q3RestatedAnnual report

    「In the real estate business, contract construction revenue increased year on year, while parking utilization gradually recovered and rental income also increased.」

    The company continues to report a gradual recovery in parking utilization and an increase in rental income.
  14. FY2022-Q2RestatedAnnual report

    「In the real estate business, contract construction revenue increased year on year, while parking utilization gradually recovered and rental income also increased.」

    As in the previous quarter, the company reported a recovery in parking utilization and an increase in rental income.
  15. FY2022-Q1Recovery in parking utilization and rental incomeAnnual report

    「In the real estate business, parking utilization, which had declined due to requests to refrain from going out and other factors, is gradually recovering, and rental income increased year on year.」

    Parking utilization, which had declined through the previous fiscal year due to requests to refrain from going out, gradually recovered, and rental income also increased year on year. Operating revenue was ¥82 million and operating income was ¥43 million.
  16. FY2021Full-year confirmation of lower parking utilizationAnnual report

    「In the real estate business, rental income declined, significantly affected by lower parking utilization due to requests to refrain from going out and other factors.」

    The full-year results reflected a shift from previously higher rental income due to expanded parking facilities and increased users to lower parking utilization and rental income due to requests to refrain from going out.
  17. FY2021-Q3RestatedAnnual report

    「In the real estate business, rental income declined as parking utilization fell due to requests to refrain from going out and other factors.」

    The decline in parking utilization and rental income due to requests to refrain from going out continues.
  18. FY2021-Q2Decline in parking utilizationAnnual report

    「In the real estate business, rental income declined as parking utilization fell due to requests to refrain from going out and other factors.」

    Previously, the company reported increased rental income from expanded parking facilities and higher user numbers, but in the current quarter, parking utilization and rental income declined due to requests to refrain from going out.
  19. FY2020-Q2RestatedAnnual report

    「In the real estate business, contract construction progressed smoothly, and rental income also increased year on year due to the expansion of parking facilities and other factors.」

    The company continues to report increased rental income due to the expansion of parking facilities and other factors. No new progress has been indicated regarding the future higher and better use of the land at the south exit of Kumagaya Station itself.
  20. FY2019-Q2RestatedAnnual report

    「In the real estate business, although occupancy rates at rental properties declined, rental income increased year on year partly because the number of users of the parking facility at the south exit of Kumagaya Station, which was expanded in the previous fiscal year, increased.」

    The company continues to report the effects of increased users of, and rental income from, the parking facility at the south exit of Kumagaya Station expanded in the previous fiscal year. Meanwhile, occupancy rates at rental properties also declined.
  21. FY2019-Q1RestatedAnnual report

    「In the real estate business, rental income increased year on year as the number of users of the parking facility at the south exit of Kumagaya Station, which was expanded in the previous fiscal year, increased.」

    The company continues to report the effects of increased users of, and rental income from, the parking facility at the south exit of Kumagaya Station expanded in the previous fiscal year. No new expansion plan has been indicated.
  22. FY2018RestatedAnnual report

    「In the real estate business, the company expanded the parking facility at the south exit of Kumagaya Station, which is conveniently located near the station, and worked to improve occupancy rates at its rental properties. Rental income increased from the previous fiscal year.」

    The company reported the expansion of the parking facility at the south exit of Kumagaya Station and improved occupancy rates at rental properties, with rental income increasing year on year. This is treated as confirmation of the continuing effects of the expansion reported in the previous quarter.
  23. FY2018-Q2AdvancedAnnual report

    「In the real estate business, rental income increased year on year as a result of expanding the parking facility at the south exit of Kumagaya Station, which is conveniently located near the station.」

    The company expanded the parking facility at the south exit of Kumagaya Station, and rental income increased year on year. The text does not expressly link this to the future higher and better use of the previously acquired land.
  24. FY2017First statedAnnual report

    「At the south exit of Kumagaya Station, the company purchased additional land. This has broadened the range of possible uses, including the company's existing land, and the company will also continue developing plans to revitalize the area and increase railway ridership through the future higher and better use of the property.」

    The company acquired land at the south exit of Kumagaya Station and plans to develop proposals for its future higher and better use together with its existing land, as well as for regional revitalization and increased railway ridership.
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