Expansion of the Rental-Focused Real Estate Business
First written in FY2016. 14 of 38 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-10-16.
The whole theme swung hardest in 2025: 4 of 30 companies on the "Worse" side.
18 other companies' latest entry also says "Advanced".
- 2026-10-16Advancedwww.logi-today.com
「The proposal included attracting tenants such as supermarkets and cafés, facility development including renovation of the terminal building, and the management and operation of the various facilities.」
A real estate and facility management and operation project covering the North Wharf area and other areas of Kagoshima Port has taken concrete shape, including attracting commercial facilities, renovating the terminal, and managing and operating the facilities. - FY2026Declines in Real Estate Revenue and ProfitAnnual report
「Operating revenue in the real estate business declined ¥11.525 billion, or 24.1%, year on year to ¥36.251 billion due to lower revenue from real estate, including condominium sales. Operating expenses declined ¥9.521 billion, or 27.9%, year on year to ¥24.557 billion due to lower real estate sales costs and lower one-time expenses, including real estate acquisition taxes related to newly opened facilities. Operating profit declined ¥2.003 billion, or 14.6%, year on year to ¥11.693 billion,」
Operating revenue in the real estate business declined 24.1% due to lower revenue from condominium sales and other sources, while operating profit also declined 14.6%. - 2026-04-30AdvancedEarnings
「In the real estate business, we are expanding operations centered on the keywords "logistics real estate," "overseas," and "asset rotation."」
In line with its policy of expanding the real estate business, the company continues to expand its logistics real estate, overseas and asset-rotation businesses, and also discloses profit from its asset-rotation business. - FY2026-H1RestatedAnnual report
「In addition, in the real estate business, we are expanding operations centered on the keywords "logistics real estate," "overseas," and "asset rotation."」
Reaffirming the policy of expanding the real estate business across 3 areas: logistics real estate, overseas operations and asset turnover. - FY2025ReframedAnnual report
「Under Growth Strategy 2, “Evolution of the Real Estate Business,” we will expand into new asset classes that are expected to generate synergies with the logistics business, enter the asset management business and fully launch an asset-turnover business. We will also enter the overseas real estate business and pursue business expansion.」
Expanding the policy for strengthening the real estate business from maintaining and expanding existing rental facilities to new asset classes, asset management, asset-turnover businesses and overseas real estate. - FY2025-H1AdvancedAnnual report
「Operating revenue in the real estate business increased ¥231 million, or 1.3%, compared with the previous interim consolidated accounting period to ¥17.685 billion, due to the opening of new facilities at Shibaura Dia Building and the Kobe Suma Seaside Aquarium and Seaside Park Redevelopment Project.」
The real estate business recorded higher revenue due to the opening of new facilities at Shibaura Dia Building and the Kobe Suma Seaside Aquarium and Seaside Park Redevelopment Project. Segment profit also increased 6.6% year on year. - FY2024AdvancedAnnual report
「As a result, total operating revenue for the real estate business increased ¥402 million, or 1.1%, year on year to ¥38.601 billion. Operating expenses declined ¥363 million, or 1.3%, year on year to ¥27.712 billion due to lower design and construction costs associated with decreased orders. Consequently, segment profit (operating profit) increased ¥765 million, or 7.6%, year on year to ¥10.888 billion, partly due to improved margins in the condominium sales business.」
The real estate business recorded a 1.1% increase in operating revenue and a 7.6% increase in segment profit, with full-year profit growth driven by improved margins in the condominium sales business and lower design and construction costs. - FY2024-Q3AdvancedAnnual report
「As a result, total operating revenue for the real estate business increased ¥3.082 billion, or 11.4%, year on year to ¥30.179 billion. Operating expenses increased ¥1.685 billion, or 8.6%, year on year to ¥21.317 billion due to higher real estate sales costs and other expenses. Consequently, segment profit (operating profit) increased ¥1.397 billion, or 18.7%, year on year to ¥8.861 billion.」
The real estate business recorded an 11.4% increase in operating revenue and an 18.7% increase in segment profit due to higher revenue in the real estate rental business from increased occupancy and higher other revenue from an increase in properties sold in the condominium business. - FY2024-Q2Higher real estate business profit despite higher rental revenue and lower other revenueAnnual report
「In the real estate rental business, operating revenue increased 3.3% year on year due to higher occupancy. Other operating revenue declined 46.6% year on year due to a decrease in properties sold in the condominium business and other factors. As a result, total operating revenue for the real estate business declined ¥1.124 billion, or 6.1%, year on year to ¥17.454 billion. Operating expenses declined ¥1.302 billion, or 9.6%, year on year to ¥12.314 billion due to lower real estate sales costs and other expenses. Consequently, segment profit (operating profit) increased ¥177 million, or 3.6%, year on year to ¥5.140 billion.」
The rental business recorded higher revenue due to increased occupancy, while other revenue, including condominium sales, declined. Real estate business profit increased due to lower expenses. - FY2024-Q1Lower real estate business profit despite higher rental revenue and lower other revenueAnnual report
「In the real estate rental business, operating revenue increased 3.8% year on year due to higher occupancy, while other operating revenue declined 72.2% year on year due to a decrease in properties sold in the condominium business and other factors」
The real estate rental business recorded higher revenue due to increased occupancy, while other revenue declined substantially due to the decrease in properties sold in the condominium business and other factors. Total operating revenue for the real estate business declined 15.9% and segment profit declined 4.0%. - FY2023-Q3Real estate business profit increased despite higher rental revenue and lower condominium sales revenueAnnual report
「Operating revenue in the core real estate rental business increased 2.6% year on year to ¥22.814 billion. This was despite a rise in the vacancy rate of rental office buildings in Tokyo, as visitor numbers at commercial facilities that had been forced to close temporarily due to the impact of COVID-19 in the previous corresponding period recovered. Other operating revenue declined 45.9% year on year to ¥4.282 billion due to a decrease in properties sold in the condominium business and other factors. As a result, total operating revenue for the real estate business declined ¥3.058 billion, or 10.1%, year on year to ¥27.096 billion. Operating expenses declined ¥3.190 billion, or 14.0%, year on year to ¥19.632 billion due to lower real estate sales costs associated with the decrease in properties sold in the condominium business, as well as lower real estate acquisition taxes and other expenses related to newly acquired facilities in Osaka that had been recorded in the previous corresponding period. Consequently, segment profit (operating profit) increased ¥131 million, or 1.8%, year on year to ¥7.464 billion.」
Rental revenue increased as visitor numbers at commercial facilities recovered, while other revenue and total operating revenue for the business declined due to the decrease in properties sold in the condominium business. Segment profit increased 1.8% due to lower expenses. - FY2023-Q2AdvancedAnnual report
「Operating revenue in the core real estate rental business increased 2.2% year on year to ¥15.087 billion. This was despite a rise in the vacancy rate of rental office buildings in Tokyo, as visitor numbers at commercial facilities that had been forced to close temporarily due to the impact of COVID-19 in the previous corresponding period recovered. Other operating revenue increased 71.1% year on year to ¥3.491 billion due to an increase in properties sold in the condominium business and other factors. As a result, total operating revenue for the real estate business increased ¥1.772 billion, or 10.5%, year on year to ¥18.579 billion.」
Total operating revenue for the real estate business increased 10.5% year on year due to the recovery in visitor numbers at commercial facilities and the increase in properties sold in the condominium business. Meanwhile, the vacancy rate of rental office buildings in Tokyo rose. - FY2023-Q1AdvancedAnnual report
「Operating revenue in the core real estate rental business increased 4.1% year on year to ¥7.432 billion. This was despite a rise in the vacancy rate of rental office buildings in Tokyo, as visitor numbers at commercial facilities that had been forced to close temporarily due to the impact of COVID-19 in the previous corresponding period recovered. Other operating revenue increased 204.5% year on year to ¥2.598 billion due to an increase in properties sold in the condominium business and other factors.」
The real estate rental business recorded higher revenue as visitor numbers at commercial facilities recovered, while other operating revenue also increased due to the rise in properties sold in the condominium business and other factors. Total operating revenue for the real estate business increased 25.5% year on year. - FY2022-Q3AdvancedAnnual report
「Operating revenue in the core real estate rental business increased 4.2% year on year to ¥22.245 billion due to contributions from newly acquired facilities in Osaka and other factors. Other operating revenue increased 178.6% year on year to ¥7.909 billion due to an increase in properties sold in the condominium business and other factors. As a result, total operating revenue for the real estate business increased ¥5.957 billion, or 24.6%, year on year to ¥30.154 billion. Operating expenses increased ¥6.072 billion, or 36.3%, year on year to ¥22.822 billion due to one-time expenses, including real estate acquisition taxes related to newly acquired facilities in Osaka, and higher real estate sales costs associated with condominium sales. Consequently, segment profit (operating profit) declined ¥115 million, or 1.6%, year on year to ¥7.332 billion.」
The real estate business recorded higher revenue due to newly acquired facilities in Osaka and the increase in properties sold in the condominium business, but segment profit declined 1.6% due to higher costs related to the newly acquired facilities, sales costs and other expenses. - FY2022-Q2AdvancedAnnual report
「Operating revenue in the core real estate rental business increased 5.7% year on year to ¥14.766 billion due to contributions from newly acquired facilities in Osaka and other factors. Other operating revenue increased 6.7% year on year to ¥2.040 billion due to increased orders for design and construction projects and other factors. As a result, total operating revenue for the real estate business increased ¥928 million, or 5.8%, year on year to ¥16.806 billion. Operating expenses increased ¥1.243 billion, or 11.3%, year on year to ¥12.281 billion due to one-time expenses, including real estate acquisition taxes related to newly acquired facilities in Osaka. Consequently, segment profit (operating profit) declined ¥314 million, or 6.5%, year on year to ¥4.525 billion.」
The real estate business recorded higher revenue due to contributions from newly acquired facilities in Osaka and other factors, and orders for design and construction projects also increased. However, segment profit declined due to one-time expenses related to the newly acquired facilities and other factors. - FY2021ReframedAnnual report
「In the port transportation business, we will further strengthen our competitiveness by leveraging cargo-handling efficiency and other capabilities rated among the world's best. In the real estate business, we will secure stable profit through the development of mixed-use facilities and stronger operating capabilities.」
The means of securing stable revenue in the real estate business have been made more concrete, expanding beyond the maintenance and improvement of existing rental facilities and businesses other than rentals to include the development of mixed-use facilities and stronger operating capabilities. - FY2021-Q3RestatedAnnual report
「In the real estate business, we worked to secure tenants and maintain and improve rental levels.」
Continuing to secure tenants and maintain and improve rental rates as operating measures for the real estate business. - FY2021-Q2RestatedAnnual report
「In the real estate business, we worked to secure tenants and maintain and improve rental levels.」
Reaffirming the securing of tenants and the maintenance and improvement of rental rates as ongoing operating measures for the real estate business. - FY2021-Q1Decline in real estate revenue and profit due to the impact of the pandemicAnnual report
「As a result, total operating revenue for the real estate business declined ¥3.111 billion, or 29.6%, year on year to ¥7.407 billion. Operating expenses declined ¥2.830 billion, or 36.0%, year on year to ¥5.035 billion due to lower real estate sales costs associated with the decrease in properties sold in the condominium business. Consequently, segment profit (operating profit) declined ¥281 million, or 10.6%, year on year to ¥2.372 billion.」
Operating revenue in the real estate business declined 29.6% and segment profit declined 10.6% due to the suspension of tenant operations at commercial facilities, the decrease in properties sold in the condominium business and other factors. - FY2020AdvancedAnnual report
「As a result, total operating revenue for the real estate business increased ¥2.520 billion, or 6.5%, year on year to ¥41.199 billion. Operating expenses increased ¥2.444 billion, or 8.8%, year on year to ¥30.340 billion due to higher real estate sales costs associated with the increase in properties sold in the condominium business. Consequently, segment profit (operating profit) increased ¥75 million, or 0.7%, year on year to ¥10.859 billion.」
Operating revenue in the real estate business increased 6.5% and segment profit increased 0.7%, mainly due to the increase in properties sold in the condominium business. - FY2020-Q3Continued increase in real estate revenue and decline in profitAnnual report
「As a result, total operating revenue for the real estate business increased ¥2.102 billion, or 7.9%, year on year to ¥28.816 billion. Operating expenses increased ¥2.539 billion, or 14.0%, year on year to ¥20.738 billion, due to higher real estate sales costs associated with the increase in properties sold in the condominium business, as well as higher repair expenses for rental facilities. Consequently, segment profit (operating profit) declined ¥437 million, or 5.1%, year on year to ¥8.077 billion.」
Operating revenue in the real estate business increased 7.9% due to the increase in properties sold in the condominium business and other factors, while segment profit declined 5.1% due to higher sales costs, repair expenses and other expenses. - FY2020-Q2Continued increase in real estate revenue and decline in profitAnnual report
「As a result, total operating revenue for the real estate business increased ¥3.303 billion, or 19.4%, year on year to ¥20.314 billion. Operating expenses increased ¥3.583 billion, or 31.7%, year on year to ¥14.894 billion, due to higher real estate sales costs associated with the increase in properties sold in the condominium business, as well as higher repair expenses for rental facilities. Consequently, segment profit (operating profit) declined ¥280 million, or 4.9%, year on year to ¥5.419 billion.」
Operating revenue in the real estate business increased 19.4% due to the increase in properties sold in the condominium business and other factors, while segment profit declined 4.9% due to higher sales costs, repair expenses and other expenses. - FY2020-Q1Higher real estate revenue and lower profitAnnual report
「Operating revenue in the core real estate rental business declined 2.9% year on year to ¥7.162 billion due to tenant changes and other factors. Other operating revenue increased 205.5% year on year to ¥3.357 billion due to an increase in properties sold in the condominium sales business and other factors. As a result, total operating revenue for the real estate business increased ¥2.041 billion, or 24.1%, year on year to ¥10.519 billion. Operating expenses increased ¥2.255 billion, or 40.2%, year on year to ¥7.865 billion, due to higher real estate sales costs associated with the increase in properties sold in the condominium business, as well as higher repair expenses for rental facilities. Consequently, segment profit (operating profit) declined ¥214 million, or 7.5%, year on year to ¥2.653 billion.」
Other operating revenue increased substantially due to the increase in properties sold in the condominium business, resulting in a 24.1% increase in total operating revenue for the real estate business. Meanwhile, segment profit declined 7.5% due to higher sales costs, repair expenses and other expenses. - FY2019AdvancedAnnual report
「Operating revenue in the core real estate rental business increased 0.6% year on year to ¥29.424 billion due to higher occupancy. Other operating revenue increased 36.8% year on year to ¥9.254 billion due to an increase in properties sold in the condominium sales business. As a result, total operating revenue for the real estate business increased ¥2.653 billion, or 7.4%, year on year to ¥38.679 billion.」
Total operating revenue in the real estate business increased 7.4% due to higher rental occupancy and an increase in properties sold in the condominium business. - FY2019-Q3Higher revenue from increased rental occupancy and lower other revenueAnnual report
「Operating revenue in the core real estate rental business increased 0.7% year on year to ¥22.189 billion due to higher occupancy. Meanwhile, other operating revenue declined 1.1% year on year to ¥4.523 billion.」
The real estate rental business recorded higher revenue due to increased occupancy, while other operating revenue declined 1.1% year on year. - FY2019-Q2Continued increase in rental revenue and decline in orders for design and construction projectsAnnual report
「Operating revenue in the core real estate rental business increased 0.6% year on year to ¥14.855 billion due to higher occupancy. Other operating revenue declined 34.1% year on year to ¥2.155 billion due to lower orders for design and construction projects.」
The real estate rental business recorded higher revenue due to increased occupancy, while businesses other than office building rentals recorded lower revenue due to decreased orders for design and construction projects. - FY2019-Q1Higher rental occupancy and lower orders for design and construction projectsAnnual report
「Operating revenue in the core real estate rental business increased 0.4% year on year to ¥7.379 billion due to higher occupancy. Other operating revenue declined 35.4% year on year to ¥1.098 billion due to lower orders for design and construction projects.」
The real estate rental business recorded higher revenue due to increased occupancy, while businesses other than office building rentals recorded lower revenue due to decreased orders for design and construction projects. - FY2018RestatedAnnual report
「In the real estate business, we will maintain and improve the functions of existing leased facilities and expand businesses other than building leasing in order to secure stable, long-term profitability.」
Continuing the policy of securing long-term, stable revenue through the maintenance and improvement of existing rental facilities and the expansion of businesses other than office building rentals. - FY2018-Q3RestatedAnnual report
「Operating revenue in the core real estate rental business declined 3.7% year on year to ¥22.034 billion due to cancellations of subleased facilities in the Osaka area and other factors. Other operating revenue declined 59.0% year on year to ¥4.573 billion, despite increased orders for design and construction projects, due to a decrease in properties sold in the condominium sales business.」
While continuing to secure tenants, maintain and improve rental rates, and expand orders for design and construction projects, real estate business revenue declined due to cancellations of subleased facilities and a decrease in properties sold in the condominium business. - FY2018-Q2AdvancedAnnual report
「Other operating revenue increased 47.2% year on year to ¥3.270 billion, driven by increased orders for design and construction projects.」
As a business other than office building rentals, other operating revenue increased 47.2% year on year due to increased orders for design and construction projects. Meanwhile, the real estate rental business recorded lower revenue due to cancellations of subleased facilities in the Osaka area and other factors. - FY2018-Q1AdvancedAnnual report
「Other operating revenue increased 57.4% year on year to ¥1.699 billion, driven by increased orders for design and construction projects.」
As a business other than office building rentals, increased orders for design and construction projects contributed to growth in other operating revenue in the real estate business. Meanwhile, the core real estate rental business recorded lower revenue due to cancellations of subleased facilities in the Osaka area and other factors. - FY2017RestatedAnnual report
「In the real estate business, we will maintain and improve the functions of existing leased facilities and expand businesses other than building leasing in order to secure stable, long-term profitability.」
Reaffirming the policy of securing long-term, stable revenue through the maintenance and improvement of rental facilities and the expansion of businesses other than office building rentals. - FY2017-Q3RestatedAnnual report
「In the real estate business, we worked to secure tenants and maintain and improve rental levels.」
Securing tenants and maintaining and improving rental levels remain ongoing operating measures in the real estate business. - FY2017-Q2RestatedAnnual report
「In the real estate business, we worked to secure tenants and maintain and improve rental levels.」
Securing tenants and maintaining and improving rental levels remain ongoing operating measures in the real estate business. - FY2017-Q1RestatedAnnual report
「In the real estate business, we are developing leasing operations, primarily for office buildings and commercial facilities, by making use of owned land in ways suited to each location.」
The Group reaffirmed its development of office-building and commercial-facility leasing operations based on the location of its owned land. - FY2016First statedAnnual report
「In the real estate business, we will maintain and improve the functions of existing leased facilities and expand businesses other than building leasing in order to secure stable, long-term profitability.」
The Group combines the maintenance and enhancement of existing leased facilities with expansion into businesses other than building leasing.