Komori
Kobe Electric Railway (9046) · FactFull-year real estate business: higher revenue and lower operating profit

Revenue growth and higher operating income in the real estate business in FY2018

First written in FY2018. 3 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2026.

8entries
9years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019WorsenedFY2020WorsenedFY2023 – FY20242018: 120182019: 120192020: 120202021: 020212022: 120222023: 120232024: 120242025: 020252026: 22026
Same theme, other companies
Real Estate Revenue and Profit Decline and Performance RecoveryA theme 26 companies write about · 13 as a headwind · 5 as a tailwind

Kobe Electric Railway moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).

The whole theme swung hardest in 2020: 4 of 22 companies on the "Worse" side.

11 other companies' latest entry also says "Other".

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 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year real estate business: higher revenue and lower operating profitAnnual report

    「As a result, operating revenue from the real estate business for the consolidated fiscal year was ¥2,047 million, up ¥80 million (4.1%) from the previous consolidated fiscal year, while operating profit was ¥793 million, down ¥117 million (12.9%).」

    The real estate business generated higher revenue due to the acquisition of new properties and other factors, while operating profit declined.
  2. 2026-05-14OtherResults presentation

    「以上の結果、営業収益は増収となりましたが、営業利益は、新規物件の取得に伴う一時的な費用の支出等により、減益となりました。」

    不動産業は新規物件取得により増収となった一方、取得に伴う一時費用等により減益となった。
  3. FY2024WorsenedAnnual report

    「As a result, operating revenue from the real estate business for the consolidated fiscal year was ¥1,989 million, down ¥11 million (0.6%) from the previous consolidated fiscal year, while operating profit was ¥836 million, down ¥53 million (6.0%).」

    The real estate business continued to post declines in both operating revenue and operating profit.
  4. FY2023WorsenedAnnual report

    「As a result, operating revenue from the real estate business for the consolidated fiscal year was ¥2,000 million, down ¥9 million (0.4%) from the previous consolidated fiscal year, while operating profit was ¥889 million, down ¥11 million (1.2%).」

    The real estate business, which had generated higher revenue and lower operating profit in the previous year, fell below the previous year in both operating revenue and operating profit.
  5. FY2022FY2022 full-year real estate business: higher revenue and lower operating profitAnnual report

    「As a result, operating revenue from the real estate business for the consolidated fiscal year was ¥2,009 million (¥1,927 million in the previous consolidated fiscal year), while operating profit was ¥900 million (¥944 million in the previous consolidated fiscal year).」

    The real estate business generated higher revenue, while operating profit declined.
  6. FY2020WorsenedAnnual report

    「Due to the reaction to the decline in revenue following the sale of undeveloped land in the previous consolidated fiscal year, operating revenue from the real estate business for the consolidated fiscal year was ¥2,008 million, down ¥247 million (11.0%) from the previous consolidated fiscal year, while operating profit was ¥924 million, down ¥33 million (3.4%).」

    The distribution business shifted from higher revenue and higher operating profit in FY2019 to lower revenue and lower operating profit in FY2020, due to the reaction to the decline following the sale of undeveloped land.
  7. FY2019FY2019 full-year real estate business performanceAnnual report

    「As a result, operating revenue from the real estate business for the consolidated fiscal year was ¥2,255 million, up ¥175 million (8.4%) from the previous consolidated fiscal year, while operating profit was ¥957 million, up ¥51 million (5.6%).」

    The real estate business continued to exceed the previous year in both operating revenue and operating profit.
  8. FY2018First statedAnnual report

    「As a result, operating revenue in the real estate business for the fiscal year was ¥2,080 million, up ¥19 million (0.9%) from the previous fiscal year, while operating profit was ¥906 million, up ¥56 million (6.6%).」

    For the full year, the real estate business exceeded the previous year in both operating revenue and operating profit.
Moved together

"Valuation Losses on Land Held for Sale and Impairment Losses on Fixed Assets Due to Declining Land Prices" moved the same way as this thread, in the same document, in 2 of its 8 moves.

22★12
  1. ★This thread
  2. 1Valuation Losses on Land Held for Sale and Impairment Losses on Fixed Assets Due to Declining Land Prices2×
  3. 2FY2018 Full-Year Revenue Growth and Flat Operating Profit in Other Businesses2×

★ 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
Kobe Electric Railway's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Results presentation of 2026-05-14: "Other".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.