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Kobe Electric Railway (9046) · FactFirst-quarter real estate revenue growth but operating profit decline

FY2022-Q1 Real Estate: Higher Revenue and Operating Profit

First written in FY2022-Q1. 2 of 4 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2024-Q1.

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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022-Q1WorsenedFY2023-Q1 – FY2023-Q22021: 120212022: 220222023: 12023
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

The whole theme swung hardest in 2020: 3 of 21 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. FY2024-Q1First-quarter real estate revenue growth but operating profit declineAnnual report

    「As a result, real estate operating revenue for the first quarter of the fiscal year was ¥525 million, up ¥33 million, or 6.7%, from the same period of the previous year, while operating profit was ¥219 million, down ¥13 million, or 5.6%.」

    Real estate operating revenue increased year on year, while operating profit declined.
  2. FY2023-Q2WorsenedAnnual report

    「However, due in part to the impact of land for sale being sold in June 2021, real estate operating revenue for the first two quarters of the fiscal year was ¥982 million, down ¥46 million, or 4.5%, from the same period of the previous year, and operating profit was ¥451 million, down ¥33 million, or 6.8%.」

    Real estate operating revenue and operating profit both declined from ¥1,028 million and ¥484 million, respectively, in the same period of the previous year. Meanwhile, measures to expand revenue, including the acquisition of new properties and the start of leasing in Itami City, are progressing.
  3. FY2023-Q1WorsenedAnnual report

    「However, due in part to the impact of land for sale being sold in the same period of the previous year, real estate operating revenue for the first quarter of the fiscal year was ¥492 million, down ¥38 million, or 7.2%, from the same period of the previous year, and operating profit was ¥232 million, down ¥24 million, or 9.4%.」

    Real estate shifted from revenue growth and operating profit growth in the same period of the previous year to revenue and operating profit declines, due in part to the反動 effect of land for sale being sold in the same period of the previous year.
  4. FY2022-Q1First statedAnnual report

    「As a result, real estate operating revenue for the first quarter of the fiscal year was ¥530 million (¥480 million in the same period of the previous year), and operating profit was ¥256 million (¥250 million).」

    Real estate operating revenue was ¥530 million and operating profit was ¥256 million, both exceeding the previous-year levels of ¥480 million and ¥250 million, respectively.
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"Intensifying Competition in the Distribution Industry and Sluggish Growth in the Fresh Foods Segment" moved the same way as this thread, in the same document, in 2 of its 4 moves.

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  2. 1Intensifying Competition in the Distribution Industry and Sluggish Growth in the Fresh Foods Segment2×
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