Increase in rental income from the commencement of operations of rental properties in Toyama City
First written in FY2017-Q1. 10 of 33 entries say "Reframed", first in FY2018. Latest entry: FY2026.
Fushiki Kairiku Unso moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The real estate business reported revenue of ¥1,218 million, up ¥106 million, or 9.5%, year on year, mainly due to increased orders in the housing business, while segment profit fell to ¥250 million, down ¥72 million, or 22.5%.」
Increased housing-business orders drove revenue growth, while segment profit fell 22.5%. Profitability deteriorated from the increase reported in the previous fiscal year. - FY2026-H1MitigatedAnnual report
「The real estate business reported revenue of ¥566 million, up ¥44 million, or 8.5%, year on year, due to increased orders in the housing business, while segment profit fell to ¥110 million, down ¥44 million, or 28.5%, as costs increased.」
Unlike the decline in housing-business orders reported in the previous fiscal year, increased orders in the current interim period drove revenue up 8.5%. Segment profit, meanwhile, fell 28.5% due to higher costs. - FY2025WorsenedAnnual report
「The real estate business reported revenue of ¥1,110 million, down ¥145 million, or 11.6%, year on year, and segment profit of ¥323 million, up ¥7 million, or 2.3%, mainly due to decreased orders in the housing business.」
Following the decline in housing-business orders in the previous interim period, a decline in orders was also evident for the full year, resulting in an 11.6% decrease in revenue. Segment profit, meanwhile, rose 2.3%. - FY2025-H1WorsenedAnnual report
「The real estate business reported revenue of ¥521 million, down ¥65 million, or 11.1%, year on year, and segment profit of ¥155 million, down ¥1 million, or 0.8%, mainly due to decreased orders in the housing business.」
The real estate business, which had improved on increased orders in the previous fiscal year, reported an 11.1% decline in revenue and a 0.8% decline in profit due to decreased housing-business orders. - FY2024MitigatedAnnual report
「The real estate business reported revenue of ¥1,257 million, up ¥129 million, or 11.5%, year on year, and segment profit of ¥316 million, up ¥50 million, or 19.0%, mainly due to increased orders in the housing business.」
After reversing the decline in housing-business orders seen in the previous fiscal year, full-year revenue rose 11.5% and profit rose 19.0%. - FY2024-Q3MitigatedAnnual report
「The real estate business reported revenue of ¥930 million, up ¥87 million, or 10.4%, year on year, and segment profit of ¥250 million, up ¥56 million, or 29.4%, mainly due to increased orders in the housing business.」
After reversing the decline in housing-business orders reported in the previous fiscal year, increased housing-business orders and other factors drove revenue up 10.4% and profit up 29.4%. - FY2024-Q2MitigatedAnnual report
「The real estate business reported revenue of ¥587 million, up ¥69 million, or 13.3%, year on year, and segment profit of ¥156 million, up ¥20 million, or 15.2%, mainly due to increased orders in the housing business.」
After reversing the decline in detached-house orders reported in the previous fiscal year, increased housing-business orders drove revenue up 13.3% and profit up 15.2%. - FY2023RestatedAnnual report
「Revenue in the real estate business was ¥1,127 million (down ¥5 million, or 0.5%, year on year), remaining largely in line with the previous year, while segment profit increased to ¥265 million (up ¥23 million, or 9.9%) as major repair costs and other expenses declined year on year.」
Revenue in the real estate business was broadly flat, while segment profit increased 9.9% due to lower major repair costs and other expenses. - FY2023-Q3ReframedAnnual report
「Revenue in the real estate business was ¥843 million (up ¥37 million, or 4.7%, year on year), and segment profit was ¥193 million (up ¥54 million, or 39.5%). Revenue increased mainly because remodeling orders rose, while segment profit increased mainly because major repair costs and other expenses declined from the previous-year period.」
The factor behind revenue growth in the real estate business has shifted from higher detached-house sales and other factors to an increase in remodeling orders. On the profit side, lower major repair costs and other expenses are cited as factors behind the increase. - FY2023-Q2ReframedAnnual report
「Revenue in the real estate business declined to ¥518 million (down ¥57 million, or 10.0%, year on year) due to fewer orders for detached houses, but segment profit increased to ¥135 million (up ¥38 million, or 39.3%) as major repair costs and other expenses declined from the previous-year period.」
The decline in revenue in the real estate business is attributed to fewer orders for detached houses, while lower major repair costs and other expenses are identified as factors behind the increase in profit, updating the explanation of operating factors. - FY2023-Q1ReframedAnnual report
「Revenue in the real estate business was ¥261 million (down ¥11 million, or 4.2%, year on year), but segment profit was ¥61 million (up ¥2 million, or 3.4%) as repair costs and other expenses for rental properties declined from the previous-year period.」
The real estate business posted lower revenue, while the explanation of operating factors focuses on profit improvement from lower repair costs and other expenses for rental properties rather than the operation of rental properties or higher housing sales. - FY2022ReframedAnnual report
「Revenue in the real estate business was ¥1,133 million (up ¥133 million, or 13.3%, year on year), and segment profit was ¥241 million (up ¥75 million, or 45.2%). Revenue increased mainly because detached-house sales rose, while segment profit increased because the number of rental properties increased.」
The explanation of factors affecting the real estate business has been updated from higher revenue due to the operation of rental properties to higher revenue from increased detached-house sales and higher profit from an increase in rental properties. - FY2022-Q3ReframedAnnual report
「Revenue in the real estate business was ¥805 million (up ¥90 million, or 12.7%, year on year), and segment profit was ¥138 million (up ¥28 million, or 25.8%). Revenue increased mainly because detached-house sales rose, while segment profit increased mainly because the number of rental properties increased.」
The factors behind the real estate business's revenue growth have been identified as higher detached-house sales, while the factors behind profit growth have been identified as an increase in rental properties, updating the explanation of operating performance. - FY2022-Q2RestatedAnnual report
「Revenue in the real estate business was ¥575 million (up ¥91 million, or 19.0%, year on year), and segment profit was ¥97 million (up ¥5 million, or 6.3%). This was mainly due to higher detached-house sales.」
The explanation of factors affecting the real estate business continues to focus on detached-house sales rather than the operation of rental properties, with higher sales driving increases in both revenue and profit. - FY2022-Q1ReframedAnnual report
「Revenue in the real estate business was ¥272 million (up ¥23 million, or 9.2%, year on year), and segment profit was ¥59 million (down ¥6 million, or 9.4%). Segment profit declined because depreciation and repair costs increased.」
The real estate business posted higher revenue, but the explanation of profit has shifted from higher revenue from housing sales and new rental properties to lower profit due to increased depreciation and repair costs. - FY2021ReframedAnnual report
「Revenue in the real estate business was ¥999 million (up ¥51 million, or 5.5%, year on year), and segment profit was ¥166 million (down ¥105 million, or 38.8%). Revenue increased mainly because detached-house sales rose and new rental properties were added, while segment profit declined because raw-material costs and expenses for new rental properties increased.」
The factors affecting the real estate business have been updated to higher revenue from increased detached-house sales and new rental properties, and lower profit due to raw-material costs and expenses for new rental properties. - FY2021-Q3WorsenedAnnual report
「Revenue in the real estate business was ¥714 million (down ¥33 million, or 4.5%, year on year), and segment profit was ¥110 million (down ¥79 million, or 41.8%). This was mainly due to lower remodeling orders and higher expenses associated with the acquisition of new properties.」
The real estate business posted a 4.5% decline in revenue and a 41.8% decline in profit due to fewer remodeling orders and higher expenses associated with acquiring new properties. - FY2021-Q1MitigatedAnnual report
「Revenue in the real estate business was ¥249 million (up ¥48 million, or 24.3%, year on year), and segment profit was ¥66 million (up ¥7 million, or 12.8%). This was mainly due to higher detached-house sales.」
The real estate business turned around from the deterioration caused by declining detached-house sales since the previous fiscal year, with revenue increasing 24.3% and profit increasing 12.8% on higher detached-house sales. - FY2020-Q3WorsenedAnnual report
「Revenue in the real estate business was ¥747 million (up ¥4 million, or 0.6%, year on year), and segment profit was ¥189 million (down ¥45 million, or 19.5%). The slight increase in revenue was mainly due to renovations and other work at aging facilities operated by group companies. Profit declined mainly because detached-house sales fell and intersegment adjustments were made.」
Revenue in the real estate business edged up, while segment profit declined 19.5% due in part to lower detached-house sales. - FY2020-Q2WorsenedAnnual report
「Revenue in the real estate business was ¥495 million (down ¥67 million, or 12.0%, year on year), and segment profit was ¥143 million (down ¥34 million, or 19.4%). This was mainly due to lower sales of detached houses.」
Declining detached-house sales continued, resulting in a 12.0% decline in revenue and a 19.4% decline in profit in the real estate business. - FY2020-Q1WorsenedAnnual report
「Revenue in the real estate business was ¥201 million (down ¥49 million, or 19.6%, year on year), and segment profit was ¥58 million (down ¥25 million, or 30.1%). This was mainly due to lower sales of detached houses.」
In the real estate business, housing sales, which had been cited as a factor behind higher revenue in the previous fiscal year, declined, resulting in a 19.6% decrease in revenue and a 30.1% decrease in segment profit. - FY2019ReframedAnnual report
「Revenue in the real estate business increased mainly because of higher housing sales, while profit increased because repair costs for aging facilities incurred in the previous fiscal year declined in the current fiscal year.」
The focus of the explanation of factors affecting the real estate business has shifted from the operation of rental properties to higher housing sales and lower repair costs for aging facilities. - FY2019-Q3RestatedAnnual report
「Revenue in the real estate business was ¥743 million (down ¥17 million, or 2.3%, year on year), and segment profit was ¥235 million (up ¥26 million, or 12.5%). Revenue declined because the impact of the housing construction company, which had been consolidated for 12 months following a fiscal year-end change in the previous fiscal year, was absent in the current fiscal year. Profit increased because repair costs for aging facilities incurred in the previous fiscal year declined in the current fiscal year.」
Factors affecting the real estate business are now explained mainly in terms of the difference in the housing construction company's consolidation period and higher profit from lower repair costs, rather than the operation of rental properties. - FY2019-Q2RestatedAnnual report
「Revenue declined because the housing construction company's previous fiscal year covered an irregular nine-month period following a change in its fiscal year-end. Profit increased because repair costs for aging facilities incurred in the previous fiscal year declined in the current fiscal year.」
The explanation of the real estate business focuses less on the operation of rental properties in Toyama and more on the comparative impact of the housing construction company's fiscal year-end change and higher profit due to lower repair costs. - FY2019-Q1ReframedAnnual report
「Revenue in the real estate business was ¥250 million (down ¥62 million, or 20.0%, year on year), and segment profit was ¥83 million (up ¥21 million, or 35.3%). Revenue declined because the housing construction company had been consolidated for six months in the previous fiscal year, while segment profit increased as higher sales of detached houses improved the profit margin.」
The explanation of the real estate business has shifted further from higher income from operating rental properties to margin improvement driven by the difference in the consolidation period for the housing construction company and higher detached-house sales. - FY2018ReframedAnnual report
「Revenue in the real estate business was ¥995 million (up ¥474 million, or 91.0%, year on year), and segment profit was ¥290 million (up ¥38 million, or 15.4%). This was because sales at the housing construction company acquired as a subsidiary in the previous fiscal year increased.」
The explanation of full-year factors affecting the real estate business has shifted from the operation of rental properties in Toyama to higher sales at the housing construction company acquired as a subsidiary in the previous fiscal year. - FY2018-Q2RestatedAnnual report
「Revenue in the real estate business was ¥580 million (up ¥324 million, or 126.7%, year on year), and segment profit was ¥139 million (down ¥3 million, or 2.8%). Revenue increased as the housing construction company made a larger contribution after becoming a subsidiary in the previous fiscal year, but repair costs for aging facilities increased.」
The real estate business posted substantial revenue growth due to higher sales at the housing construction company acquired as a subsidiary in the previous fiscal year, while segment profit declined because of repair costs for aging facilities. - FY2017RestatedAnnual report
「Revenue in the real estate business was ¥521 million (up ¥40 million, or 8.5%, year on year), and segment profit was ¥251 million (up ¥1 million, or 0.5%). Rental income increased as rental properties in Toyama became operational, but repair costs for aging facilities increased.」
The operation of rental properties in Toyama continued to support the real estate business on a full-year basis. - FY2017-Q3RestatedAnnual report
「Revenue in the real estate leasing business was ¥392 million (up ¥37 million, or 10.5%, year on year), and segment profit was ¥190 million (up ¥2 million, or 1.4%). Rental income increased as rental properties in Toyama became operational, but repair costs for aging facilities increased.」
Rental income from operating rental properties in Toyama continued to increase, but repair costs for aging facilities constrained profit growth. - FY2017-Q2RestatedAnnual report
「This was because rental income increased as the rental property in Tsutsumimachi, Toyama, became operational.」
The increase in rental income from the operation of the rental property in Tsutsumimachi, Toyama, continues to be cited as a factor behind higher revenue in the real estate leasing business. - FY2017-Q1First statedAnnual report
「This was because rental income increased as the rental property in Tsutsumimachi, Toyama, became operational.」
The rental property in Toyama acquired in the previous fiscal year became operational, contributing to higher revenue in the real estate leasing business.