Reorganization of 6 real estate-related companies into 4 function-specific companies
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2025: 8 of 37 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「To strengthen the real estate business, on 1 April 2016, 6 real estate-related companies were reorganized into 4 function-based companies covering development, building management, condominium management and building operations.」
The reorganization of 6 companies into 4 function-based companies continues to be described. - FY2017-Q3RestatedAnnual report
「To strengthen the real estate business, on 1 April 2016, 6 real estate-related companies—Kanden Real Estate Co., Ltd., MID Urban Development Co., Ltd., MID Facility Management Co., Ltd., Kanden Building Management Co., Ltd., Urban Service Co., Ltd. and MID Property Management Co., Ltd.—were reorganized into 4 function-based companies: Kanden Real Estate Development Co., Ltd. for development, Kanden Facilities Co., Ltd. for building management, Kanden Community Co., Ltd. for condominium management, and Kanden Properties Co., Ltd. for building operations.」
The reorganization of 6 companies into 4 function-based companies continues to be described. - FY2017-Q2RestatedAnnual report
「To strengthen the real estate business, on 1 April 2016, 6 real estate-related companies—Kanden Real Estate Co., Ltd., MID Urban Development Co., Ltd., MID Facility Management Co., Ltd., Kanden Building Management Co., Ltd., Urban Service Co., Ltd. and MID Property Management Co., Ltd.—were reorganized into 4 function-based companies: Kanden Real Estate Development Co., Ltd. for development, Kanden Facilities Co., Ltd. for building management, Kanden Community Co., Ltd. for condominium management, and Kanden Properties Co., Ltd. for building operations.」
The reorganization of 6 companies into 4 function-based companies is reconfirmed in the descriptions of the business activities and scope of consolidation. - FY2017-Q1First statedAnnual report
「To strengthen the real estate business, on 1 April 2016, 6 real estate-related companies—Kanden Real Estate Co., Ltd., MID Urban Development Co., Ltd., MID Facility Management Co., Ltd., Kanden Building Management Co., Ltd., Urban Service Co., Ltd. and MID Property Management Co., Ltd.—were reorganized into 4 function-based companies: Kanden Real Estate Development Co., Ltd. for development, Kanden Facilities Co., Ltd. for building management, Kanden Community Co., Ltd. for condominium management, and Kanden Properties Co., Ltd. for building operations.」
The document states that 6 companies were reorganized into 4 function-based companies as a specific measure to strengthen the real estate business.