Stable earnings from maintaining high occupancy at rental properties and developing the area around Himeji Station
First written in FY2016. 11 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-09.
The whole theme swung hardest in 2022: 2 of 21 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the rental segment, we will continue investing in real estate that meets our investment criteria. We will position the real estate development business as a core business supporting sustainable growth and accelerate improvements in capital efficiency and earnings growth through focused allocation of management resources and steady commercialization of projects.」
The company positioned entry into the real estate development business as a core business for sustainable growth and stated its policy of advancing investment in rental properties and the commercialization of projects. - FY2026-H1Lower rental revenue from the cancellation of a large commercial facility lease, offset by higher construction revenueAnnual report
「In the rental segment, the company began recording rental income from a new student-oriented rental apartment building, but revenue declined due to the cancellation of a large commercial facility lease related to renovation work. In the construction segment, revenue increased and offset the decline in the rental segment because the company undertook large-scale new construction projects, including metal-processing plants and facilities supporting people with disabilities.」
The student-oriented rental apartment building generated income, but the rental segment posted lower revenue following the cancellation of a large commercial facility lease, while higher construction segment revenue from large-scale new construction projects offset the decline. - FY2025-H1AdvancedAnnual report
「The rental segment posted higher revenue due to the start of leasing at student-oriented rental apartment buildings, including Grand Nexus Sanda Station Front.」
The company began leasing student-oriented rental apartment buildings, including Grand Nexus Sanda Station Front, contributing to higher real estate rental segment revenue. - FY2024-Q3RestatedAnnual report
「In the rental segment, the acquisition of new land for rental business use and properties acquired in the previous fiscal year, including housing for older people requiring services, contributed to higher revenue.」
The company continues efforts to secure stable earnings through the acquisition of land for rental business use and the earnings contribution from properties acquired in the previous fiscal year. - FY2024-Q2AdvancedAnnual report
「In the rental segment, the acquisition of new land for rental business use and properties acquired in the previous fiscal year, including housing for older people requiring services, contributed to higher revenue.」
The company acquired new land for rental business use, which, together with service-equipped housing for older people acquired in the previous fiscal year, contributed to higher rental segment revenue. - FY2024-Q1RestatedAnnual report
「In the rental segment, income-producing properties acquired in the previous fiscal year contributed to higher revenue.」
Income-producing properties acquired in the previous fiscal year contributed to higher rental segment revenue, and the company is reaffirming its policy of securing stable earnings from real estate. - FY2023AdvancedAnnual report
「During the fiscal year, the company resolved to acquire 3 income-producing properties.」
To secure stable earnings from its real estate business, the company resolved to acquire 3 income-producing properties during the fiscal year and invested ¥2,504 million in real estate as part of total capital expenditures. - FY2023-Q3AdvancedAnnual report
「In the rental segment, the company acquired a new income-producing property in Kurashiki, Okayama Prefecture, in June and began leasing it, but revenue declined because the company had sold its head office building in the previous fiscal year.」
The company acquired an income-producing property in Kurashiki, Okayama Prefecture, in June and began leasing it. Meanwhile, rental income declined due to the impact of the head office building sale. - FY2023-Q1Lower rental income from the head office sale and acquisition of new propertiesAnnual report
「In the rental segment, rental income declined because the company sold its head office building at the end of the previous fiscal year, despite acquiring a new property.」
Rental income declined due to the sale of the head office building at the end of the previous fiscal year, despite the acquisition of a new property. - FY2022-Q3AdvancedAnnual report
「In the rental segment, rental income from the apartment building acquired in the previous fiscal year contributed for the full year, but some tenants canceled their leases. In the construction segment, in addition to new construction work on 2 nursery schools, the number of projects increased. In the housing segment, the number of custom-built homes delivered declined, but sales of spec homes and land increased. In the building management segment, the company received new orders for cleaning and disinfection work. As a result, revenue increased by ¥525 million, or 15.5%, year on year to ¥3,911 million, while operating income increased by ¥102 million, or 10.0%, to ¥1,129 million.」
Real estate revenue and operating income both increased due to the full-year contribution from acquired rental apartment buildings, new construction of 2 nursery schools, sales of spec homes and land, and new orders for cleaning and disinfection work. - FY2021-Q2AdvancedAnnual report
「In the rental segment, we purchased 2 new rental apartment buildings in March and August and maintained high occupancy at existing properties, but revenue declined due to rent reductions resulting from the COVID-19 pandemic and cancellations related to renovation work on the first floor of the Shinki Building in front of Himeji Station.」
The company acquired 2 rental apartment buildings in March and August and maintained high occupancy at existing properties, but the rental segment posted lower revenue due to rent reductions resulting from the COVID-19 pandemic. - FY2021-Q1Lower rental revenue due to the COVID-19 pandemicAnnual report
「In the rental segment, we purchased a new rental apartment building in Osaka Prefecture in March this year, but revenue declined due in part to rent reductions at leased retail properties resulting from the COVID-19 pandemic.」
The rental segment posted lower revenue due to rent reductions at leased retail properties resulting from the COVID-19 pandemic, despite the acquisition of a new rental apartment building. - FY2020AdvancedAnnual report
「Going forward, the company will seek to acquire income-producing properties while monitoring land-price trends, and will also work to develop land owned by the company and expand its portfolio of managed properties.」
The company indicated a policy of continuing to acquire income-producing properties, develop company-owned land and expand its managed-property portfolio, after purchasing a rental apartment building in Osaka Prefecture as a new income-producing property in March 2020. - FY2020-Q2RestatedAnnual report
「Revenue in the rental business increased because rents at some existing commercial facilities and office buildings were reviewed and leasing began at properties acquired in the previous fiscal year.」
The company identified rent reviews at existing rental facilities and the start of leasing at acquired properties as contributors to higher revenue in the real estate rental business. - FY2019RestatedAnnual report
「To secure stable earnings going forward, the company will maintain high occupancy at existing rental properties. Although land prices have been trending upward in recent years, it will continue purchasing rental properties after carefully assessing their profitability and future potential.」
The company reaffirmed that maintaining high occupancy at existing rental properties and purchasing rental properties after assessing their profitability and future potential are means of securing stable earnings. - FY2019-Q3Lower rental revenue and higher housing-construction revenueAnnual report
「Revenue in the rental business declined because rents at some existing commercial facilities were reviewed and the company sold part of the rental apartments held at the end of the previous fiscal year. Revenue in the housing business increased as the number of residential-subdivision lots sold and the number of renovations increased. Revenue recognized from a factory expansion project contributed to higher revenue in the construction business.」
While rental revenue declined due to rent reviews at existing commercial facilities and the sale of rental apartments, revenue in the housing and construction businesses increased on residential-subdivision sales, renovations and a factory expansion project. - FY2019-Q2Lower rental revenue and higher housing-construction revenueAnnual report
「Revenue in the rental business declined because rents at some existing commercial facilities were reviewed and the company sold part of the rental apartments held at the end of the previous fiscal year. Revenue in the housing business increased because, despite a decline in the number of custom-built homes sold, the number of residential-subdivision lots sold and the number of renovations increased. Revenue in the construction business increased as sales from a factory expansion project contributed to revenue growth.」
While rental revenue declined due to rent reviews at existing commercial facilities and the sale of rental apartments, revenue in the housing and construction businesses increased on residential-subdivision sales, renovations and a factory expansion project. - FY2019-Q1Lower rental revenue and higher housing-construction revenueAnnual report
「Revenue in the rental business declined because rents at some existing commercial facilities were revised and the company sold part of the rental apartments held at the end of the previous fiscal year. Revenue in the housing business increased because the company received several large-scale renovation orders and sold more lots in residential subdivisions. Revenue in the construction business increased because sales were recognized as a factory expansion project progressed.」
While rental revenue declined due to rent revisions and the partial sale of existing rental properties, revenue in the housing and construction businesses increased on renovations, residential-subdivision sales and a factory expansion project. - FY2018-Q3RestatedAnnual report
「Although facilities such as the Cuel Himeji commercial building maintained high occupancy, revenue in the rental business declined because the company sold part of its existing rental apartments.」
The company reaffirmed that, while rental facilities maintained high occupancy, revenue declined due to the sale of part of its existing rental apartments. - FY2018-Q2RestatedAnnual report
「The rental business remained at approximately the same level as the same period of the previous year because, although the company sold part of its existing rental apartments, the Himeji Terminal Square office building and the Cuel Himeji commercial building maintained high occupancy.」
The company reported that, although it sold part of its existing rental apartments, it maintained high occupancy at Himeji Terminal Square and Cuel Himeji. - FY2018-Q1RestatedAnnual report
「The rental business remained solid because rental facilities such as the Himeji Terminal Square office building and the Cuel Himeji commercial building, both in front of Himeji Station, maintained high occupancy, among other factors.」
The company reported that rental facilities in front of Himeji Station maintained high occupancy and that the rental business remained solid. - FY2017RestatedAnnual report
「To secure stable earnings, the company will maintain high occupancy at rental properties, including Himeji Terminal Square, and work to increase the number of real estate brokerage and sales transactions and managed properties.」
Against a backdrop of high occupancy at Himeji Terminal Square and Cuel Himeji, the company continues to maintain occupancy at rental properties and expand its brokerage and property-management operations. - FY2017-Q3RestatedAnnual report
「In the rental business, revenue increased because the Himeji Terminal Square office building and the Cuel Himeji commercial building, both in front of Himeji Station, maintained high occupancy, among other factors. Leasing at Cuel Himeji began in late April 2016.」
The company continued to identify high occupancy at Himeji Terminal Square and Cuel Himeji as a contributor to earnings. - FY2017-Q2RestatedAnnual report
「In the rental business, revenue increased because the Himeji Terminal Square office building and the Cuel Himeji commercial building, both in front of Himeji Station, maintained high occupancy, among other factors.」
The company continued to report high occupancy at Himeji Terminal Square and Cuel Himeji. It identified the start of leasing at Cuel Himeji in late April as a performance milestone. - FY2017-Q1AdvancedAnnual report
「In the rental business, revenue increased because the Himeji Terminal Square office building in front of Himeji Station maintained high occupancy and the company began leasing the Cuel Himeji commercial building in front of Himeji Station in late April, among other factors.」
As a specific result of development around Himeji Station, the company began leasing Cuel Himeji in late April. - FY2016First statedAnnual report
「To secure stable earnings, the company will maintain high occupancy at rental properties, including Himeji Terminal Square, promote the development plan for the area around Himeji Station, and work to increase the number of real estate brokerage and sales transactions and managed properties.」
The company reported that it acquired an income-producing property during the fiscal year and constructed the commercial facility "Cuel Himeji" in front of Himeji Station.