Tenant Relations and Effective Use of Real Estate
First written in FY2016. 24 of 31 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-09-25.
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「In the real estate business segment, we secure earnings primarily from rental income-generating properties in the Tokyo metropolitan area and Kyoto City, Kyoto Prefecture, while proceeding with redevelopment of some real estate owned by the company and its group companies to improve the future earnings power of the real estate business. As part of these efforts, during the current fiscal year we acquired and placed into service a residential income-generating rental property in Setagaya Ward, Tokyo.」
Redevelopment of owned real estate continued, and during the current fiscal year a residential income-generating rental property in Setagaya Ward, Tokyo, was acquired and placed into service. Operating profit in the real estate business was ¥634 million. - 2026-05-13AdvancedRevision of earnings forecasts
「To improve the future earning power of the real estate business, we are pursuing redevelopment of some of the real estate owned by the Company and its Group companies. As part of these efforts, during the fiscal year we acquired a residential rental property in Setagaya Ward, Tokyo, and placed it into operation.」
The Company stated that redevelopment of owned real estate was continuing and that it had newly acquired and placed into operation a residential rental property in Setagaya Ward, Tokyo. - FY2026-H1AdvancedAnnual report
「We are proceeding with redevelopment of some of the real estate owned by the company and its group companies.」
Redevelopment of some owned real estate is under way, and construction in progress also increased by ¥474 million. Asset utilization is progressing with a view to improving the earnings power of the real estate business. - FY2024-Q3AdvancedAnnual report
「Because a decision was made to rebuild the above asset group, its carrying amount was reduced to its recoverable amount, and the reduction of ¥58 million was recorded as an impairment loss under extraordinary losses.」
A decision was made to rebuild the rental and other real estate, and the specific policy for utilizing the assets was disclosed. An impairment loss of ¥58 million was recorded in connection with the rebuilding. - FY2024-Q2AdvancedAnnual report
「We carried out large-scale exterior beautification work and converted common areas to LED lighting at owned properties. We will continue to actively undertake renovations and remodeling to enhance and maintain real estate value. In addition, in September of the current fiscal year, we acquired a residential income-generating rental property in Shimogyo Ward, Kyoto City, Kyoto Prefecture, to strengthen the real estate business and further increase earnings.」
Exterior beautification work and conversion of common areas to LED lighting were carried out at owned properties, and the residential income-generating rental property in Shimogyo Ward, Kyoto City, planned in the previous quarter, was acquired in September. - FY2024-Q1AdvancedAnnual report
「This acquisition is intended to purchase an income-generating property for business use, strengthen the real estate business and further increase earnings. (3) Acquisition price ¥2,150 million (4) Contract date 28 August 2023 (5) Scheduled property handover Late September 2023 (scheduled)」
A plan was approved to acquire land and a building in Shimogyo Ward, Kyoto City, to strengthen the real estate business and increase earnings. The acquisition price is ¥2,150 million, with the contract dated 28 August 2023 and handover scheduled for late September of the same year. Exterior beautification work and conversion of common areas to LED lighting were also carried out at owned properties. - FY2023-Q3AdvancedAnnual report
「In the real estate business, we continue to improve facilities in line with tenants’ requirements and actively exchange information with major real estate brokerage companies and local real estate companies in the areas where our properties are located, working to increase business earnings. In the current fiscal year, rental revenue improved as a result of lifting the rent reductions implemented through the previous fiscal year. As a result, real estate business revenue was ¥685 million, up 1.8% year on year, and operating profit was ¥367 million, up 111.6%.」
Tenant relations, facility improvements, information sharing with brokerage companies and the lifting of rent reductions continued. Real estate business revenue was ¥685 million and operating profit was ¥367 million. Operating profit was reported to have increased 111.6% year on year. - FY2023-Q2AdvancedAnnual report
「In the real estate business, we continue to improve facilities in line with tenants’ requirements and actively exchange information with major real estate brokerage companies and local real estate companies in the areas where our properties are located, working to increase business earnings. In the current fiscal year, rental revenue improved as a result of lifting the rent reductions implemented through the previous fiscal year. As a result, real estate business revenue was ¥461 million, down 0.5% year on year, and operating profit was ¥257 million, up 104.4%.」
In addition to tenant relations, facility improvements and information sharing with brokerage companies, lifting rent reductions improved rental revenue, and operating profit increased 104.4% year on year. - FY2023-Q1AdvancedAnnual report
「In the current fiscal year, rental revenue improved as a result of lifting the rent reductions implemented through the previous fiscal year. As a result, real estate business revenue was ¥232 million, up 5.0% year on year, and operating profit was ¥132 million, up 128.8%.」
Rent reductions implemented through the previous fiscal year were lifted, improving rental revenue. Both revenue and operating profit in the real estate business increased year on year. - FY2022-Q2AdvancedAnnual report
「In the real estate business, despite the impact of the spread of COVID-19, we continued to improve facilities in line with tenants’ requirements and raise occupancy rates at office buildings and rental apartments. We also actively exchanged information with major real estate brokerage companies and local real estate companies in the areas where our properties are located. As a result of these efforts to increase business earnings, rental revenue increased from the previous fiscal year. However, profit declined because we also actively undertook remodeling at each rental office building. As a result, real estate business revenue was ¥463 million, up 5.3% year on year, and operating profit was ¥125 million, down 34.4%.」
Facility improvements, higher occupancy rates and information sharing with real estate companies continued, and revenue increased 5.3% year on year. On the other hand, operating profit declined 34.4% due to remodeling costs and other factors. - FY2022-Q1RestatedAnnual report
「In the real estate business, we continue to improve facilities in line with tenants’ requirements and actively exchange information with major real estate brokerage companies and local real estate companies in the areas where our properties are located, working to increase business earnings.」
Measures to increase earnings through tenant relations, facility improvements and information sharing with real estate companies continued. - FY2021-Q2RestatedAnnual report
「In the real estate business, we continue to improve facilities in line with tenants’ requirements and actively exchange information with major real estate brokerage companies and local real estate companies in the areas where our properties are located, working to increase business earnings.」
Measures to increase earnings through tenant relations, facility improvements and information sharing with real estate companies continued. However, during the quarter, real estate business revenue and profit declined due to property sales, rent reductions and remodeling costs. - FY2020AdvancedAnnual report
「Through continued active information sharing with major real estate brokerage companies and local real estate companies in the areas where our properties are located, we maintained high occupancy rates for both office buildings and apartment properties. As a result, although rental revenue remained solid, revenue from properties held for sale declined, resulting in real estate business revenue of ¥931 million, down 0.5% from the previous fiscal year. Operating profit was ¥577 million, up 5.6% from the previous fiscal year.」
Continued information sharing with real estate companies maintained high occupancy rates for office buildings and apartment properties, while operating profit was ¥577 million, up 5.6% from the previous fiscal year. - FY2020-Q3RestatedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements, rigorously manage quality in accordance with our standards, and increase business earnings. As a result, the office buildings achieved full occupancy, while the apartment properties continued to operate at high occupancy rates.」
Facility improvements and quality control continued, maintaining full occupancy of the office buildings and high occupancy rates for the apartment properties. - FY2020-Q2AdvancedAnnual report
「Through continued active information sharing with major real estate brokerage companies and local real estate companies in the areas where our properties are located, we maintained high occupancy rates for both office buildings and apartment properties. As a result, rental revenue remained solid, and despite a decline in revenue from properties held for sale, real estate business revenue was ¥469 million, up 0.5% year on year. Operating profit was ¥299 million, up 10.6%.」
Continued information sharing with real estate companies maintained high occupancy rates for office buildings and apartment properties, and revenue and operating profit increased. - FY2019AdvancedAnnual report
「As a result of actively exchanging information with local real estate companies in the areas where our properties are located, including major real estate brokerage companies, the office buildings achieved full occupancy, while the apartment properties continued to operate at high occupancy rates.」
Information sharing with real estate companies resulted in full occupancy of the office buildings, while the apartment properties continued to operate at high occupancy rates. - FY2019-Q2AdvancedAnnual report
「We actively exchanged information with local real estate companies in the areas where our properties are located, including major real estate brokerage companies. As a result, the office buildings achieved full occupancy, while the apartment properties continued to maintain an occupancy rate of at least 95%.」
Information sharing with real estate companies resulted in full occupancy of the office buildings, while the apartment properties maintained an occupancy rate of at least 95%. - FY2019-Q1AdvancedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements, rigorously manage quality in accordance with our standards, and increase business earnings. We also actively exchanged information with local real estate companies in the areas where our properties are located, including major real estate brokerage companies, and have maintained an occupancy rate of at least 95%. As a result, real estate business revenue was ¥238 million, up 1.0% year on year, and operating profit was ¥115 million, up 1.9%.」
Facility improvements, quality control and information sharing with real estate companies continued, maintaining an occupancy rate of at least 95%, while revenue and operating profit increased year on year. - FY2018AdvancedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements, rigorously manage quality in accordance with our standards, and increase business earnings. We also actively exchanged information with local real estate companies in the areas where our properties are located, including major real estate brokerage companies, and have maintained an occupancy rate of at least 95%.」
Facility improvements, quality control and information sharing with real estate companies were pursued, and an occupancy rate of at least 95% was maintained. - FY2018-Q3AdvancedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements, rigorously manage quality in accordance with our standards, and increase business earnings. We also actively exchanged information with local real estate companies in the areas where our properties are located, including major real estate brokerage companies. As a result, the vacancy rate improved, real estate business revenue was ¥735 million, up 4.6% year on year, and operating profit was ¥305 million, down 9.8%.」
Facility improvements, quality control and information sharing with real estate companies led to improvements in the vacancy rate and revenue, while operating profit declined year on year. - FY2018-Q2AdvancedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements and rigorously manage quality in accordance with our standards, while strengthening the business and increasing earnings by leveraging the locational advantage of central Tokyo. As a result, the vacancy rate improved, and real estate business revenue was ¥483 million, up 2.7% year on year.」
Facility improvements, quality control and use of the central Tokyo location led to an improvement in the vacancy rate and a 2.7% year-on-year increase in revenue. On the other hand, operating profit declined 4.6% year on year due to lower construction revenue. - FY2018-Q1RestatedAnnual report
「In the real estate business, we worked to improve facilities in line with tenants’ requirements and rigorously manage quality in accordance with our standards, while strengthening the business and increasing earnings.」
In addition to improving facilities to meet tenant requirements, rigorous quality control was implemented, and efforts to strengthen the real estate business and increase earnings continued. - FY2017AdvancedAnnual report
「In the real estate business, we work to improve facilities in line with tenants’ requirements, strengthen the business and increase earnings. As a result, real estate business revenue was ¥936 million, up 2.6% year on year, and operating profit was ¥444 million, up 8.3%.」
Facility improvements and efforts to strengthen the real estate business continued, and full-year revenue and operating profit increased year on year. - FY2017-Q3AdvancedAnnual report
「In the real estate business, we work to improve facilities in line with tenants’ requirements, strengthen the business and increase earnings. As a result, real estate business revenue was ¥703 million, up 3.4% year on year, and operating profit was ¥338 million, up 14.1%.」
Facility improvements and efforts to strengthen the real estate business continued, and cumulative revenue and operating profit increased year on year. - FY2017-Q2AdvancedAnnual report
「In the real estate business, we work to improve facilities in line with tenants’ requirements, strengthen the business and increase earnings. As a result, real estate business revenue was ¥470 million, up 3.8% year on year, and operating profit was ¥208 million, up 7.4%.」
Facility improvements and efforts to strengthen the real estate business continued, and revenue and operating profit increased year on year. - FY2017-Q1AdvancedAnnual report
「In the real estate business, we work to improve facilities in line with tenants’ requirements, strengthen the business and increase earnings. As a result, real estate business revenue was ¥240 million, up 5.9% year on year, and operating profit was ¥114 million, up 21.0%.」
Facility improvements and efforts to strengthen the real estate business continued, and revenue and operating profit increased year on year in the quarter. - FY2016First statedAnnual report
「In the real estate business, we work to improve facilities in line with tenants’ requirements and further promote the effective utilization of real estate.」
Facility improvements meeting tenant requirements and the effective utilization of owned real estate are being pursued as initiatives.