Strengthening the real estate business by making Taiyo Housing a consolidated subsidiary
First written in FY2017. 11 of 12 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3Cited as achievedAnnual 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.」
For the housing business, including the housing construction company consolidated as a subsidiary in the previous fiscal year, higher detached-home sales continue to be cited as a factor behind the increase in real estate business revenue. - FY2022-Q2Cited as achievedAnnual 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.」
For the housing business, including 大洋住宅, which was consolidated as a subsidiary in the previous fiscal year, higher detached-home sales continue to be cited as a factor behind the increases in real estate business revenue and profit. - FY2021Cited as achievedAnnual report
「The increase in revenue was mainly due to higher sales of detached homes and new rental properties in Toyama City,」
For the housing business, including 大洋住宅, which was consolidated as a subsidiary in the previous fiscal year, higher detached-home sales continue to be cited as a factor behind the increase in real estate business revenue. - FY2019Cited as achievedAnnual 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.」
For the housing business, including 大洋住宅, which was consolidated as a subsidiary in the previous fiscal year, higher home sales are cited as a factor behind the increase in real estate business revenue. - FY2019-Q3Cited as achievedAnnual report
「The decrease in revenue was due to the absence in the current fiscal year of the impact of the housing construction company, whose 12-month results had been included in the previous fiscal year following a change in its fiscal year-end.」
For the housing construction company consolidated in the previous fiscal year, the comparison impact of including 12 months of results in the previous fiscal year is cited as a factor behind the decline in real estate business revenue in the third quarter. - FY2019-Q2Cited as achievedAnnual report
「The decrease in revenue was due to the housing construction company having a nine-month irregular accounting period in the previous fiscal year following a change in its fiscal year-end.」
For the housing construction company consolidated as a subsidiary in the previous fiscal year, the fact that the prior-year consolidation period covered 9 months following a change in its fiscal year-end affected the year-on-year comparison for the six months ended the second quarter in the real estate business. - FY2019-Q1Cited as achievedAnnual report
「The decrease in revenue was because six months of the housing construction company's results had been included in the consolidated results in the previous fiscal year, while the increase in segment profit was due to improved profit margins resulting from higher sales of detached homes.」
For the housing construction company consolidated as a subsidiary in the previous fiscal year, the difference in the consolidation period is cited as a factor behind the decline in revenue in the first quarter, while higher detached-home sales are cited as a factor behind the improvement in profit margins. - FY2018Cited as achievedAnnual 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 consolidation of 大洋住宅 as a subsidiary, completed in the previous fiscal year, is cited as a factor behind the increases in real estate business revenue and profit for FY2018. - FY2018-Q3Cited as achievedAnnual report
「Revenue from the real estate business was ¥761 million, up ¥368 million, or 94.0%, from the same quarter of the previous year, while segment profit was ¥208 million, up ¥18 million, or 9.7%. This was due to increased revenue at the housing construction company consolidated as a subsidiary in the previous fiscal year.」
The housing construction company consolidated as a subsidiary in the previous fiscal year continues to be cited as a factor behind the increases in real estate business revenue and profit for the nine months ended the third quarter. - FY2018-Q2Cited as achievedAnnual 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 housing construction company consolidated as a subsidiary in the previous fiscal year continues to be cited as a factor behind the increase in real estate business revenue for the six months ended the second quarter. - FY2018-Q1Cited as achievedAnnual report
「Revenue from the real estate business was ¥312 million, up ¥185 million, or 145.6%, year on year, while segment profit was ¥62 million, down ¥9 million, or 13.3%. This was because revenue from the residential construction company made a subsidiary in the previous fiscal year increased, but repair costs for aging facilities rose.」
The housing construction company consolidated as a subsidiary in the previous fiscal year is cited as a factor behind the increase in real estate business revenue in the first quarter. - FY2017AchievedAnnual report
「To strengthen the real estate business and improve consolidated profit.」
チューゲキ株式会社 acquired shares in 大洋住宅株式会社 on 2 March 2017, bringing its voting rights ratio to 71.7%. 大洋住宅株式会社 was consolidated as a subsidiary using the fiscal year-end as the deemed acquisition date.