Maintaining Rent Levels and Securing Tenants at Existing Properties
First written in FY2017-Q1. 10 of 24 entries say "Restated". Latest entry: FY2026.
The Sumitomo Warehouse moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
The whole theme swung hardest in 2022: 6 of 42 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the real estate business, although rental properties acquired in the previous and current fiscal years and other factors contributed to higher rental income, the decline in rental income resulting from the handover of the company's buildings in connection with the railway construction project was substantial. Operating revenue was ¥10,930 million, down 3.0% from the previous fiscal year.」
Although rental income increased due to acquired properties and other factors, the handover of buildings in connection with the railway construction project reduced rental income, a situation the company continued to report. - FY2026-H1Rental income declines as tenants vacate due to railway operationsAnnual report
「In the real estate business, although higher occupancy rates at existing properties and contributions from rental properties acquired in the previous fiscal year and other factors supported results, rental income declined due in part to tenants vacating the company's buildings in connection with the Naniwasuji Line Project (see page 16). Operating revenue was ¥5,378 million, down 1.9% year on year.」
While higher occupancy rates at existing properties and contributions from acquired properties supported results, tenant departures related to the Naniwasuji Line Project reduced rental income, resulting in lower revenue in the real estate business. - FY2024-Q3Revenue and operating income up on property sales and acquired propertiesAnnual report
「In the real estate business, operating revenue was ¥8,645 million, up 8.1% year on year, due to the sale of properties held for sale, higher occupancy rates at some rental properties as the number of visitors to Japan recovered, and contributions from a newly acquired rental office building during the cumulative third quarter. Operating income was ¥4,045 million, up 3.8%, despite the recognition of one-time taxes incurred upon acquisition.」
The sale of properties held for sale, higher occupancy rates at some properties as the number of visitors to Japan recovered, and contributions from the newly acquired office building resulted in higher revenue and operating income in the real estate business. - FY2024-Q2Revenue up on higher occupancy rates and acquired properties, operating income down on one-time taxesAnnual report
「In the real estate business, occupancy rates at some rental properties rose as the number of visitors to Japan recovered, while a newly acquired rental office building also contributed during the cumulative second quarter. As a result, operating revenue was ¥5,465 million, up 2.6% year on year. Operating income, however, was ¥2,383 million, down 7.8%, due to one-time taxes incurred upon acquisition.」
Higher occupancy rates at some properties as the number of visitors to Japan recovered and contributions from the acquired office building increased revenue, while one-time taxes incurred upon acquisition resulted in a 7.8% year-on-year decline in operating income. - FY2024-Q1Revenue up on acquired properties, operating income down on one-time taxesAnnual report
「In the real estate business, operating revenue was ¥2,696 million, up 1.2% year on year, due in part to contributions from rental properties acquired in the previous fiscal year and during the cumulative first quarter. Operating income was ¥1,092 million, down 15.5%, due to one-time taxes incurred upon acquisition.」
While acquired rental properties contributed to higher revenue, one-time taxes incurred upon acquisition resulted in a 15.5% year-on-year decline in operating income. - FY2023Real estate revenue broadly flat amid rent revisionsAnnual report
「In the real estate business, although rental properties acquired in the previous and current fiscal years contributed, rent revisions and other factors affecting some tenants resulted in operating revenue of ¥10,674 million, broadly in line with the previous fiscal year and up 0.01%.」
While acquired properties contributed, rent revisions and other factors affecting some tenants left operating revenue in the real estate business broadly flat. - FY2023-Q3WorsenedAnnual report
「In the real estate business, although rental properties acquired in the previous fiscal year and during the cumulative third quarter contributed, rent revisions and other factors affecting some tenants resulted in operating revenue of ¥8,001 million, up 0.1% year on year. Operating income was ¥3,897 million, down 4.5%, partly due to one-time taxes incurred upon acquisition.」
While acquired properties contributed, rent revisions and other factors affecting some tenants, together with one-time taxes incurred upon acquisition, resulted in a 4.5% year-on-year decline in operating income in the real estate business. - FY2023-Q1WorsenedAnnual report
「In the real estate business, although rental properties acquired in the previous fiscal year contributed, rent revisions and other factors affecting some tenants resulted in operating revenue of ¥2,663 million, down 0.7% year on year. Operating income was ¥1,291 million, down 7.9%, partly due to one-time taxes incurred upon acquisition.」
While acquired properties contributed, rent revisions and other factors affecting some tenants resulted in lower revenue and operating income in the real estate business. - FY2022WorsenedAnnual report
「In the real estate business, operating revenue was ¥10,673 million, down 0.9% from the previous fiscal year, due in part to the departure of some tenants.」
The departure of some tenants caused operating revenue in the real estate business to decline 0.9% from the previous fiscal year. - FY2022-Q3WorsenedAnnual report
「The prolonged COVID-19 pandemic and the departure of some tenants affected occupancy rates and rents at rental properties. As a result, operating revenue was ¥7,994 million, down 1.2% year on year, and operating income was ¥4,081 million, down 1.4%.」
The prolonged infectious disease pandemic and the departure of some tenants affected occupancy rates and rents, resulting in lower revenue and operating income in the real estate business. - FY2022-Q2Some rent levels recover despite the impact of infectious diseaseAnnual report
「While the spread of COVID-19 affected occupancy rates and rents at rental properties, the recovery in rent levels for some tenants resulted in operating revenue of ¥5,368 million, broadly in line with the same period of the previous year and down 0.5% year on year.」
While the impact of infectious disease on occupancy rates and rents continued, the recovery in rent levels for some tenants kept real estate operating revenue broadly in line with the same period of the previous year. - FY2022-Q1RestatedAnnual report
「In the real estate business, operating revenue was ¥2,683 million, broadly in line with the same period of the previous year and up 0.6% year on year. Operating expenses declined due to accumulated depreciation and other factors, resulting in operating income of ¥1,402 million, up 2.4% year on year.」
The real estate business maintained or increased both operating revenue and operating income year on year, continuing its strategy of securing revenue from rental properties. - FY2021New tenants and other factors support revenue amid lower occupancy ratesAnnual report
「In the real estate business, occupancy rates at some rental properties declined due to the impact of COVID-19. However, contributions from new tenants moving in and rental properties acquired in the previous fiscal year resulted in operating revenue of ¥10,773 million, broadly in line with the previous fiscal year and up 0.1% year on year.」
While occupancy rates at some properties continued to decline due to infectious disease, contributions from new tenant occupancy and acquired properties kept real estate revenue broadly in line with the previous fiscal year. - FY2021-Q3RestatedAnnual report
「In the real estate business, occupancy rates at some rental properties declined due to the impact of COVID-19. However, contributions from rental properties acquired in the previous consolidated fiscal year and new tenants moving into existing properties resulted in operating revenue of ¥8,089 million, broadly in line with the previous year and up 0.2% year on year.」
While occupancy rates at some rental properties continued to decline due to infectious disease, contributions from new tenants and acquired properties resulted in a 0.2% year-on-year increase in real estate operating revenue. - FY2021-Q2Continued decline in occupancy rates due to infectious diseaseAnnual report
「In the real estate business, occupancy rates at rental properties declined due to the impact of COVID-19. However, contributions from rental properties acquired in the previous consolidated fiscal year and new tenants moving into existing properties resulted in operating revenue of ¥5,397 million, broadly in line with the previous year and up 0.1% year on year.」
While occupancy rates at rental properties continued to decline due to infectious disease, contributions from acquired properties and new tenants resulted in a 0.1% year-on-year increase in operating revenue. - FY2021-Q1Lower occupancy rates at rental properties due to infectious diseaseAnnual report
「In the real estate business, although rental properties acquired in the previous fiscal year contributed, operating revenue was ¥2,666 million, down 1.1% year on year, due in part to lower occupancy rates at rental properties as a result of the impact of COVID-19.」
Unlike the previous approach of securing revenue through property acquisitions and operations, occupancy rates at rental properties declined due to the impact of infectious disease, resulting in a 1.1% year-on-year decrease in operating revenue. - FY2020-Q3RestatedAnnual report
「In the real estate business, operating revenue was ¥8,073 million, up 3.0% year on year, due to contributions from rental properties acquired during the cumulative third quarter and rent revisions at existing properties, as well as the contribution from full-year operations.」
The company continues to maintain and expand real estate revenue through acquired properties, rent revisions at existing properties and full-year operations. - FY2020-Q2RestatedAnnual report
「In the real estate business, operating revenue was ¥5,391 million, up 3.3% year on year, due to contributions from rental properties acquired during the cumulative second quarter and rent revisions at existing properties, as well as the contribution from full-year operations.」
The company continues to maintain and expand real estate revenue through the operation of acquired properties, rent revisions at existing properties and full-year operations. - FY2020-Q1RestatedAnnual report
「In the real estate business, operating revenue was ¥2,695 million, up 4.0% year on year, due to new tenants moving in and contributions from rental properties that commenced operations in the previous fiscal year.」
The company continues to maintain and expand real estate revenue through tenant occupancy at existing and new rental properties and contributions from properties that commenced operations in the previous fiscal year. - FY2019RestatedAnnual report
「In the real estate business, operating revenue was ¥10,472 million, down 1.2% year on year, due to the recognition of one-time revenue in the previous fiscal year. The business remained broadly firm, supported by new tenants moving into rental properties and the acquisition of rental properties.」
The company continues its operations aimed at maintaining and expanding real estate revenue through new tenant occupancy at rental properties and property acquisitions. - FY2018-Q3RestatedAnnual report
「In the real estate business, we worked to acquire new properties and secure tenants for existing properties.」
The company continues to maintain and expand real estate revenue by securing tenants for existing properties. - FY2018-Q2RestatedAnnual report
「In the real estate business, we worked to acquire new properties and secure tenants for existing properties.」
The company continues to maintain and expand real estate revenue by securing tenants for existing properties. - FY2018-Q1RestatedAnnual report
「In the real estate business, the company worked to maintain and expand revenue, including by securing tenants for existing rental properties.」
The company continues its operating measures to secure tenants for existing rental properties. - FY2017-Q1First statedAnnual report
「The company also worked to maintain rent levels at existing properties and secure tenants.」
Separate from acquiring and constructing new properties, the company described property-management measures for maintaining rent levels and securing tenants at existing properties.