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East Japan Railway Company (9020) · InitiativeRaised

Asset Securitization Through a Real Estate Asset-Turnover Business Model

First written in FY2022-Q3. 6 of 9 entries say "Advanced", first in FY2022. Latest entry: FY2026.

9entries
5years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022 – FY2023OtherFY2024AdvancedFY2025 – FY20262022: 220222023: 120232024: 120242025: 120252026: 42026
Same theme, other companies
Entry into and Expansion of the Real Estate Securitization BusinessA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

0 other companies' latest entry also says "Raised".

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. FY2026RaisedAnnual report

    「The scale of assets under management in the real estate fund business will be expanded to ¥1.2 trillion by FY2031, while generating more than ¥600 billion in operating income from real estate sales.」

    The property-turnover real estate business was expanded to new numerical targets of ¥1.2 trillion in assets under management for real estate funds and more than ¥600 billion in operating income from real estate sales.
  3. FY2025AdvancedAnnual report

    「The amount transferred from property, plant and equipment to real estate for sale due to a change in holding purpose was ¥39,615 million in the current consolidated fiscal year, compared with ¥12,236 million in the previous consolidated fiscal year.」

    The property-turnover business model continued, and transfers to real estate for sale increased significantly from the previous fiscal year.
  4. FY2024Decrease in transfers to real estate for saleAnnual report

    「The amount transferred from property, plant and equipment to real estate for sale due to a change in holding purpose was ¥12,236 million in the current consolidated fiscal year, compared with ¥35,330 million in the previous consolidated fiscal year.」

    The property-turnover business model continued, but transfers to real estate for sale decreased from the previous fiscal year.
  5. FY2023AdvancedAnnual report

    「The amount transferred from property, plant and equipment to real estate for sale due to a change in holding purpose was ¥35,330 million in the current consolidated fiscal year, compared with ¥21,965 million in the previous consolidated fiscal year.」

    The amount transferred to real estate for sale under the property-turnover business model increased, and asset monetization continued.
  6. FY2022AdvancedAnnual report

    「In December 2021, a property-turnover business model was launched in the real estate business, and the company monetized real estate it held.」

    The monetization of real estate holdings was carried out, and the transfer of ¥21,965 million to real estate for sale and revenue recognized under the property-turnover business model were disclosed.
  7. FY2022-Q3First statedAnnual report

    「In December 2021, a property-turnover business model was launched in the real estate business, and the company monetized real estate it held.」

    A new property-turnover business model was launched in the real estate business to monetize real estate holdings.
Moved together

"Railway System Innovation through ICT and Open Innovation" moved the same way as this thread, in the same document, in 6 of its 9 moves.

665555★123456
  1. ★This thread
  2. 1Railway System Innovation through ICT and Open Innovation6×
  3. 2Consideration of Flexible Fare System and Train-Schedule Operations6×
  4. 3Implementation of the Sixth Safety Five-Year Plan, “Group Safety Plan 2018”5×
  5. 4Station-Centered Urban Development Around Terminal Stations, Along Railway Lines and at Regional Core Stations5×
  6. 5A Corporate Culture That Develops and Empowers People, and the Development of Global Talent5×
  7. 6Shareholder Returns Targeting a 33% Total Payout Ratio5×

★ 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
East Japan Railway Company's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings presentation of 2026-04-30: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Asset Securitization Through a Real Estate Asset-Turnover Business Model | East Japan Railway Company (9020) | Komori