Expanding the real estate business beyond existing areas through the acquisition of 菱重プロパティーズ
First written in FY2017-Q2. 10 of 15 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the real estate sales and leasing business, in addition to promoting businesses in Japan, we worked on the development of multifamily rental housing in Houston, Texas, in the United States, and Sydney, Australia.」
Expanded the outside-area real estate business into multi-family rental housing development in the US and Australia. - 2026-05-01AdvancedEarnings presentation materials
「Expand office and residential businesses in the United States, the United Kingdom and Australia through collaboration with and development of overseas partners and the development of overseas personnel.」
The company expanded its non-core-area real estate business from the United States to overseas real estate businesses including the United Kingdom and Australia. - FY2025AdvancedAnnual report
「In the real estate sales and leasing business, office operations at Inogate Osaka commenced, and the Group also pursued the development of multi-family rental housing in Florida, USA, as its first joint project with a local US developer.」
Expanded the off-line and outside-area real estate business into the Inogate Osaka office business and multi-family rental housing development in Florida, USA. - FY2024AdvancedAnnual report
「In the real estate sales and leasing business, we began managing JR West Private REIT Investment Corporation in September to strengthen our real estate asset management operations. In October, we established JR West Real Estate Management Co., Ltd. to strengthen real estate management and operations. We also worked to acquire and sell income-producing real estate and strengthen our overseas real estate business.」
The Company expanded its out-of-area real estate business into private REIT management, the establishment of a real estate management company, and the strengthening of its income-producing and overseas real estate businesses. - FY2024-Q2AdvancedAnnual report
「From the second quarter of the current consolidated fiscal year, JR West Real Estate Investment Advisory Co., Ltd., which is classified in the real estate segment, has been included among the Company's consolidated subsidiaries as a major affiliated company.」
The real estate investment advisory company became a consolidated subsidiary due to its increased materiality, advancing the positioning of the real estate business and asset management operations within the Group. - FY2023AdvancedAnnual report
「In the real estate sales and leasing business, we expanded the sales business and strengthened the leasing business by opening JR Kanazawa Station West Fourth NK Building (last August) and VIERRA Makita (Yokohama, October of the same year), among other initiatives. We also established JR West Real Estate Investment Advisory Co., Ltd. in July of the same year to provide asset management services ahead of entering the private REIT business.」
The Company expanded its real estate business, including outside its railway lines and operating areas, into asset management through the opening of multiple facilities and the establishment of a real estate investment advisory company. - FY2022AdvancedAnnual report
「In the real estate sales and leasing business, we expanded the sales business and strengthened the leasing business, registered as an investment advisory and agency business last November, and began providing asset management services.」
The Company expanded its out-of-line and out-of-area real estate business, including through 菱重プロパティーズ, into providing asset management services. - FY2020-Q3AdvancedAnnual report
「In November of the same year, the VIERRA commercial facility made its first entry into the Tokyo area.」
In the real estate business outside the Company's railway lines and operating areas, the VIERRA commercial facility made its first entry into the Tokyo area. - FY2019RestatedAnnual report
「We also advanced our real estate sales and leasing businesses in promising markets outside our railway lines and operating areas.」
The Company continued expanding its real estate sales and leasing businesses in promising markets outside its railway lines and operating areas. - FY2019-Q1RestatedAnnual report
「We also advanced our real estate sales and leasing businesses in promising markets outside our railway lines and operating areas.」
The Company continued expanding its real estate sales and leasing businesses in promising markets outside its railway lines and operating areas. - FY2018AdvancedAnnual report
「We expanded our business into promising markets outside our railway lines and operating areas, and worked to expand the sales business and strengthen the leasing business using the real estate held by our consolidated subsidiary 菱重プロパティーズ㈱ and our Group's expertise.」
Using 菱重プロパティーズ after the acquisition, the Company actually expanded its real estate sales and leasing businesses outside its railway lines and operating areas. Operating revenue from the real estate business increased 27.5% year on year. - FY2018-Q2RestatedAnnual report
「In February, we made 菱重プロパティーズ㈱, which owns rental properties in promising markets including the Tokyo metropolitan area, a consolidated subsidiary. We will expand the sales business and strengthen the leasing business using the real estate held by the company and our Group's expertise.」
Following the acquisition of 菱重プロパティーズ as a subsidiary, the Company continued its policy of strengthening its sales and leasing businesses using the real estate it owns. - FY2018-Q1AdvancedAnnual report
「We will work to strengthen our condominium sales and leasing businesses, including through joint projects with JR West Real Estate Development using the real estate held by the company.」
Following the acquisition of 菱重プロパティーズ as a subsidiary, the Company pursued joint projects with JR West Real Estate Development using real estate held by the company, expanding its condominium sales and leasing businesses. - FY2017-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 27 October 2016, the Company entered into a share transfer agreement dated 31 October of the same year to acquire 70% of the issued shares of 菱重プロパティーズ株式会社 and acquired the shares effective 1 February 2017.」
The acquisition of 70% of the shares of 菱重プロパティーズ was completed effective 1 February 2017, realizing the acquisition transaction aimed at expanding the out-of-area real estate business. - FY2017-Q2First statedAnnual report
「To expand and strengthen the real estate business in promising markets outside our operating areas, including the Tokyo metropolitan area. Date of business combination: 1 February 2017 (予定) Voting rights acquired: 70% Consideration for acquisition: cash, ¥97,000 million (estimated amount)」
For the purpose of expanding the real estate business outside its operating areas, the Company entered into an agreement to acquire 70% of the voting rights of 菱重プロパティーズ株式会社 and planned to make it a subsidiary on 1 February 2017.