Concentration of Real Estate Assets and New Development/Redevelopment
First written in FY2017-Q1. 13 of 19 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2022: 2 of 17 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The second office building acquired at the end of the previous fiscal year achieved stable occupancy.」
The second office building acquired in London at the end of the previous fiscal year entered a stable operating phase. - FY2025-H1AdvancedAnnual report
「As for the second office building acquired at the end of the previous fiscal year, initial costs were recorded in the first quarter of the current fiscal year, but the building contributed to revenue throughout the current interim consolidated accounting period.」
The second office building acquired in London at the end of the previous fiscal year contributed to revenue throughout the current interim consolidated accounting period. - FY2022-Q2RestatedAnnual report
「At the buildings owned by the Company, commercial tenants were affected by the infectious disease, but office tenants, including those at Hibiya Fort Tower, which was completed at the end of June, continued to operate steadily, enabling us to maintain stable earnings.」
Following completion of Hibiya Fort Tower, stable occupancy by office tenants and steady revenue have been confirmed, but no move into a new redevelopment phase has been indicated. - FY2022-Q1AdvancedAnnual report
「Hibiya Fort Tower, part of the Shinbashi Tamuramachi District Urban Redevelopment Project in which the Company is participating, was completed as scheduled at the end of June 2021. The building is contributing to the securing of stable earnings and to environmental improvement by providing approximately 3,000 square meters of greenery on the site and reducing electricity consumption through the installation of 2.8-meter-long eaves that block direct sunlight.」
The Shimbashi Tamuramachi District Urban Redevelopment Project was completed as scheduled, advancing the consolidation and redevelopment of assets through to the building completion stage. - FY2021-Q3AdvancedAnnual report
「In the Shinbashi Tamuramachi District Urban Redevelopment Project, in which the Company is participating and which includes Hibiya Fort Tower, construction of the new building progressed smoothly and the building was topped out in September 2020. Completion is currently scheduled for the end of June 2021.」
Regarding the consolidation and redevelopment of real estate assets, construction progressed from steel-frame erection to topping out, and a completion schedule was indicated. - FY2021-Q2AdvancedAnnual report
「In its real estate business in London, the company was affected by the impact of the infectious disease on commercial tenants at the London rental building acquired in March this year. However, office tenants remained stable, contributing to higher revenue.」
The London rental building acquired in March this year became operational and contributed to higher revenue through stable occupancy by office tenants. - FY2021-Q1Construction resumed after a temporary suspension.Annual report
「Construction on the Shimbashi Tamuramachi District Urban Redevelopment Project was temporarily suspended by the contractor, but steel-frame erection work for the new building has already resumed. Completion is currently scheduled for the end of June 2021.」
Although redevelopment construction was temporarily suspended, steel-frame erection work resumed, with completion scheduled for the end of June 2021. - FY2020-Q3AdvancedAnnual report
「In the Shimbashi Tamuramachi District Urban Redevelopment Project, steel-frame erection work for the new building has begun, and completion is currently scheduled for the end of June 2021.」
Steel-frame erection work began on the Shimbashi Tamuramachi District Urban Redevelopment Project, which is scheduled for completion at the end of June 2021. - FY2020-Q2AdvancedAnnual report
「Iino Building experienced a vacancy period following the relocation of some office tenants, resulting in lower earnings. However, new tenants have already begun moving in, revenue is improving, and the building is expected to reach full occupancy in stages.」
New tenants have begun moving into Iino Building, marking concrete progress toward restoring occupancy at the rental property. - FY2019RestatedAnnual report
「In the rental building business, the company focused on providing high-quality tenant services at each of its properties and maintained stable occupancy.」
The company continues to maintain strong occupancy and tenant services at its existing buildings. - FY2019-Q2AdvancedAnnual report
「In the Shinbashi Tamuramachi District Urban Redevelopment Project, underground demolition was completed and foundation work for the new building began. Construction progressed generally as planned.」
In the Shinbashi Tamuramachi District Urban Redevelopment Project, underground demolition was completed and foundation work for the new building began. - FY2018AdvancedAnnual report
「The company entered the detailed review stage for the construction plan ahead of placing orders for construction work for the Shinbashi Tamuramachi District Urban Redevelopment Project.」
The Shinbashi Tamuramachi District Urban Redevelopment Project has advanced to detailed review ahead of placing orders for construction work. - FY2018-Q3AdvancedAnnual report
「In addition to acquiring a partial interest in a relatively new medium-sized building near Iino Building, the company completed demolition of a building scheduled for redevelopment and entered the detailed review stage for the construction plan.」
The company reports concrete progress in consolidating and redeveloping its real estate assets, including the acquisition of an interest in a property near Iino Building, completion of demolition of the building scheduled for redevelopment, and the move to detailed review of the construction plan. - FY2018-Q2RestatedAnnual report
「In the rental building business, the company focused on providing high-quality tenant services at each owned building, which generally operated smoothly.」
The company reports high-quality tenant services and generally smooth operations at each building. - FY2018-Q1RestatedAnnual report
「In the rental building business, the company focused on providing high-quality tenant services at each owned building, which generally operated smoothly.」
The company reports high-quality tenant services and generally smooth operations at each building. - FY2017AdvancedAnnual report
「The company launched redevelopment preparations for 1 aging owned building.」
The company reports concrete progress in the consolidation and redevelopment of its real estate assets, with preparations for the redevelopment of 1 owned building having begun. - FY2017-Q3AdvancedAnnual report
「In the rental building business, the company was able to sign contracts with new tenants for all floors of 1 owned building from which tenants had vacated.」
The company reports concrete progress in signing new contracts for all floors of a property from which tenants had vacated. - FY2017-Q2AdvancedAnnual report
「In the rental building business, the company was able to sign a contract with a new tenant for 1 owned building from which tenants had vacated. The other buildings also operated generally smoothly, as the company continued to focus on providing high-quality tenant services.」
The company signed a new contract for a property from which tenants had vacated and generally maintained operations across its buildings, demonstrating concrete progress. - FY2017-Q1First statedAnnual report
「The company is working to further strengthen its stable earnings base through the consolidation of assets within target areas and new development and redevelopment projects.」
In addition to stable operations at existing buildings, the company is pursuing asset consolidation in target areas and new development and redevelopment projects.