Effective Use of Assets Centered on Real Estate
First written in FY2016. 27 of 38 entries say "Restated". Latest entry: 2026-08-07.
The whole theme swung hardest in 2025: 4 of 30 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「In the real estate leasing segment, operations remained solid as tenant revenue remained stable while the Company worked to maintain and manage major tenant buildings, including updating their equipment. In the real estate sales segment, the Company continued working to expand brokerage transactions.」
The Company continues its policies of maintaining stable real estate leasing revenue, managing and maintaining equipment, and expanding brokerage transactions. - FY2026RaisedAnnual report
「In the real estate business, we will actively pursue measures such as strengthening our income-producing properties in order to secure stable earnings.」
In addition to securing stable earnings centered on conventional real estate leasing, the company has stated a policy of actively strengthening its income-producing properties. - FY2026-H1RestatedAnnual report
「In the real estate leasing segment, tenant revenues remained stable while the company worked to maintain and manage its properties, including upgrading equipment at major tenant buildings. In the real estate sales segment, the company continued to work to expand brokerage transactions. As a result, segment-wide revenue was ¥287 million, down 1.7% year on year, and segment profit was ¥165 million, down 2.7%.」
The company continues to maintain stable tenant revenues and work to expand brokerage transactions. Although revenue and segment profit in the real estate business fell below the year-earlier levels, there has been no material change in its policy of utilizing assets and maintaining its earnings base. - FY2025AdvancedAnnual report
「As a result, segment-wide revenue was ¥580 million, up 0.8% from the previous fiscal year, and segment profit was ¥325 million, up 0.5%.」
Against a backdrop of stable tenant revenues and efforts to expand brokerage transactions, both revenue and segment profit in the real estate business exceeded the previous fiscal year's levels. The company is making progress in securing an earnings base through asset utilization, as reflected in its full-year results. - FY2025-H1AdvancedAnnual report
「In the real estate leasing segment, tenant revenues remained stable, and the segment as a whole remained firm despite ongoing maintenance expenses, including equipment upgrades at major tenant buildings. In the real estate sales segment, the company continued to work to expand brokerage transactions. As a result, segment-wide revenue was ¥292 million ( up 2.0% year on year ), and segment profit was ¥169 million ( up 3.7% year on year ).」
Against a backdrop of stable real estate rental income and efforts to expand brokerage transactions, revenue from the real estate business increased 2.0% year on year, while segment profit rose 3.7%. - FY2024AdvancedAnnual report
「As a result, segment-wide revenue was ¥576 million, up 1.2% from the previous fiscal year, and segment profit was ¥324 million, up 0.2%.」
Against a backdrop of recovering rental income and efforts to expand sales, purchase and brokerage transactions, both revenue and segment profit in the real estate business exceeded the previous fiscal year's levels. - FY2024-Q3AdvancedAnnual report
「In the real estate leasing segment, tenant revenues showed signs of recovery as visitor numbers at each tenant continued to increase following the reclassification of COVID-19 as a Category 5 disease. Although ongoing maintenance expenses continued to arise, including for equipment upgrades at major tenant buildings, the real estate leasing segment as a whole remained firm. In the real estate sales segment, the company worked to expand property sales and purchase and brokerage transactions while monitoring economic trends. As a result, segment-wide revenue was ¥430 million ( up 3.8% year on year ), and segment profit was ¥245 million ( up 2.3% year on year ).」
The company reported a recovery in tenant revenues and efforts to expand sales, purchase and brokerage transactions. Revenue from the real estate business increased 3.8% year on year, while segment profit rose 2.3%. Efforts to secure earnings through asset utilization are progressing alongside improved financial results. - FY2024-Q2AdvancedAnnual report
「In the real estate leasing segment, tenant revenues showed signs of recovery as visitor numbers at each tenant increased following the reclassification of COVID-19 under the Infectious Diseases Control Law from Category 2 to Category 5. Depreciation expenses related to equipment upgrades at major tenant buildings decreased as construction work was reviewed in detail and carried out in stages. In the real estate sales segment, the company explored opportunities for property sales and purchases and brokerage transactions while monitoring economic trends. As a result, segment-wide revenue was ¥286 million, up 4.7% year on year, and segment profit was ¥163 million, up 3.9%.」
Tenant revenues continued to recover and equipment upgrade work continued to be carried out in stages. Revenue from the real estate business increased 4.7% year on year, while segment profit rose 3.9%. - FY2024-Q1AdvancedAnnual report
「In the real estate leasing segment, tenant revenues showed signs of recovery as visitor numbers at each tenant increased following the reclassification of COVID-19 under the Infectious Diseases Control Law from Category 2 to Category 5. Depreciation expenses related to equipment upgrades at major tenant buildings decreased as construction work was reviewed in detail and carried out in stages. In the real estate sales segment, the company explored transaction opportunities while monitoring economic trends. As a result, segment-wide revenue was ¥141 million, up 3.6% year on year, and segment profit was ¥79 million, up 3.8%.」
Tenant revenues in the real estate leasing business showed signs of recovery, while equipment upgrade work also decreased as projects were reviewed and carried out in stages. Across the real estate business, revenue and segment profit exceeded the year-earlier levels. - FY2023RaisedAnnual report
「In the real estate business, as the impact of COVID-19 gradually eases, the Company will seek to improve earnings while exploring opportunities to stabilize and expand operations at its leased properties.」
In addition to securing stable rental income as before, the company has stated a policy of exploring opportunities to expand its rental properties and increase earnings, broadening its focus from business stability to potential growth. - FY2023-Q2RestatedAnnual report
「In the leasing segment, as the impact of the COVID-19 pandemic continued, revenue during the cumulative second-quarter consolidated period was below the same period of the previous year due to lower tenant revenue.」
The Company continues to position real estate leasing as an earnings foundation, but revenue was below the same period of the previous year due to lower tenant revenue. - FY2023-Q1Rental revenue below the same period of the previous yearAnnual report
「In the leasing segment, customer traffic at food-service tenants recovered less than expected, and as the impact of the COVID-19 pandemic continued, tenant revenue also declined. As a result, revenue for the quarter was slightly below the same period of the previous year.」
The Company continues to position real estate leasing as an earnings foundation, but revenue in the leasing segment was slightly below the same period of the previous year due to weak customer recovery at food-service tenants and lower tenant revenue. - FY2022-Q3RestatedAnnual report
「In the real estate business, the Company will address the increase in major repair and depreciation expenses resulting from the aging of the main tenant buildings in its core real estate leasing business, while monitoring the impact of COVID-19 on the operating conditions of tenant businesses.」
The Company continues to pursue a policy of addressing repair and depreciation expenses associated with aging properties and the impact of the pandemic on tenants while using real estate leasing as its earnings foundation. - FY2022-Q2RestatedAnnual report
「In the real estate and driving school businesses, the Company will promote measures to further stabilize earnings and devote every effort to strengthening the Group's earnings capacity and resuming dividend payments.」
The Company continues to position the real estate and driving school businesses as foundations for stable earnings, with the aim of strengthening the Group's earnings capacity and resuming dividend payments. - FY2022-Q1RestatedAnnual report
「In the real estate and driving school businesses, the Company will continue to seek stable earnings by building a management structure capable of responding flexibly while carefully monitoring changes in the operating environment resulting from the spread of COVID-19.」
The Company continues to pursue a policy of using the real estate and driving school businesses as foundations for stable earnings and securing stable earnings by building a structure capable of responding flexibly even during the pandemic. - FY2021RestatedAnnual report
「The Company believes it is important as a management strategy to make more effective use of the Group's business assets, including its real estate and driving school businesses in addition to the film business, and to maintain a management structure capable of reliably generating earnings by implementing more thorough cost reductions than ever before.」
The Company continues to pursue the effective utilization of the Group's business assets and cost reductions as management strategies, including its real estate and driving school businesses that support the film business. - FY2021-Q3RestatedAnnual report
「The real estate business is centered on real estate leasing, but major repair and depreciation expenses resulting from the aging of its main tenant buildings are expected to become increasingly significant going forward. In addition, to assess the impact of the COVID-19 pandemic on tenant-building operations, the Company recognizes the need to monitor changes in the operating environment while maintaining close communication with tenants in order to secure stable rental income.」
The Company continues to position real estate leasing as the core business for securing stable earnings and continues to operate in light of aging properties, rising repair costs and the impact of the pandemic on tenants. - FY2021-Q2RestatedAnnual report
「The real estate business is centered on real estate leasing, but major repair and depreciation expenses resulting from the aging of its main tenant buildings are expected to become increasingly significant going forward.」
The Company continues to position real estate leasing as the core business for securing stable earnings. In light of concerns about aging properties and rising repair costs, it also plans to maintain communication with tenants and review its cash-flow plans. - FY2021-Q1RestatedAnnual report
「The real estate business is centered on real estate leasing. Going forward, the Company recognizes the need to secure stable rental income while carefully monitoring the impact of the COVID-19 pandemic on tenant-building operations, particularly the operating conditions of tenant businesses, in addition to the increasingly significant major repair and depreciation expenses resulting from the aging of its main tenant buildings.」
The Company continues to position real estate leasing as the core business for securing stable earnings. In light of rising repair and depreciation expenses due to aging properties and the impact of the pandemic on tenants, it places importance on monitoring tenants' conditions. - FY2020RestatedAnnual report
「To continue operating the film business, which carries earnings uncertainty, stable management foundations are essential. Accordingly, it is important to generate reliable earnings from the real estate business, centered on real estate leasing, and the driving school business. The Company therefore believes it is important as a management strategy to maintain a management structure capable of reliably generating earnings by making more effective use of the Group's business assets, including its real estate and driving school businesses in addition to the film business, and implementing more thorough cost reductions than ever before.」
The Company continues to make effective use of business assets, including the real estate and driving school businesses, and stabilize its management foundation to support the film business. - FY2020-Q3RestatedAnnual report
「In the real estate business, the Company's leased and investment properties are all located in highly convenient areas of the Tokyo metropolitan region, and stable customer retention has helped maintain its business foundation, as the Company recognizes and analyzes.」
The Company continues to view property locations in the Tokyo metropolitan region and stable customer retention as the foundation of its real estate business. - FY2020-Q2RestatedAnnual report
「In the real estate business, the Company's leased and investment properties are all located in highly convenient areas of the Tokyo metropolitan region, and stable customer retention has helped maintain its business foundation, as the Company recognizes and analyzes. However, repair and depreciation expenses arising from major repairs and equipment renewals due to building deterioration may have a significant impact on the Company's financial position going forward. Accordingly, the Company intends to maintain earnings by continuing sound property management, strengthening coordination and communication with related businesses and tenants, and constantly monitoring the condition of its tenant buildings.」
The Company continues to view property locations in the Tokyo metropolitan region and stable customer retention as its business foundation, and indicates a policy of maintaining earnings through property management. - FY2020-Q1RestatedAnnual report
「In the real estate business, the Company's leased and investment properties are all located in highly convenient areas of the Tokyo metropolitan region, and stable customer retention has helped maintain earnings, as the Company recognizes and analyzes. However, there are concerns that repair and depreciation expenses arising from major repairs and renewal work due to building deterioration may affect the Company's finances going forward.」
The Company continues to view property locations in the Tokyo metropolitan region and stable customer retention as the foundation for maintaining earnings, while also noting concerns about repair and renewal costs associated with aging buildings. - FY2019-Q3RestatedAnnual report
「In the real estate business, profit increased from the same period of the previous year due to temporary income related to a real estate investment. However, the Company's leased and investment properties are all located in highly convenient areas of the Tokyo metropolitan region, and the stability of customer retention has been maintained, which the Company recognizes and analyzes as contributing to solid operating performance. Going forward, to increase the value of income-generating properties, the Company will maintain close coordination and communication with related businesses and customers and seek to secure stable earnings through sound property management.」
Against the backdrop of property locations in the Tokyo metropolitan region and stable customer retention, the Company continues to increase the value of its real estate properties and secure stable earnings through property management. - FY2019-Q2RestatedAnnual report
「In the real estate business, profit increased from the same period of the previous year due to temporary income related to a real estate investment. However, the Company's leased and investment properties are all located in highly convenient areas of the Tokyo metropolitan region, and the stability of customer retention has been maintained, which the Company recognizes and analyzes as contributing to solid operating performance. Going forward, to increase the value of income-generating properties, the Company will maintain close coordination and communication with related businesses and customers and seek to secure stable earnings through sound property management.」
Apart from the temporary income, the Company identifies the locations of its properties in the Tokyo metropolitan region and the stability of customer retention as factors behind solid operating performance, and continues to secure stable earnings through property management. - FY2019-Q1AdvancedAnnual report
「Meanwhile, as temporary income related to a real estate investment, the Company recognized ¥150 million in revenue as a consent fee received from a co-owner of beneficial interests in a real estate trust in connection with the sale of that owner's interest.」
The Company recognized a ¥150 million consent fee in connection with the sale of an interest by a co-owner of beneficial interests in a real estate trust. This represents concrete progress in generating income through asset utilization, but the income is described as temporary. - FY2018RestatedAnnual report
「Stable management foundations are essential for the continued operation of the uncertain film business. To that end, it is also important to generate reliable earnings from the real estate business, centered on real estate leasing, and the driving school business.」
The Company continues to pursue a policy of using the real estate leasing and driving school businesses as earnings foundations to support the film business. - FY2018-Q3RestatedAnnual report
「The real estate business will maintain earnings by carefully maintaining its leased properties, while the driving school business will conduct various campaigns to promote its services effectively to prospective new students ahead of the student graduation season.」
The Company continues to position the maintenance of leased properties as a means of maintaining earnings. - FY2018-Q2RestatedAnnual report
「In the real estate business, the Company will continue to focus on real estate leasing, while in the driving school business it will strengthen sales activities to attract new students through various campaigns.」
The real estate business continues to pursue a policy of focusing primarily on real estate leasing. - FY2018-Q1RestatedAnnual report
「In the real estate business, the Company will continue to focus primarily on real estate leasing, while in the driving school business it will further raise its profile as a driving school offering a wide range of driver's licenses.」
The Company continues to operate its real estate business with a primary focus on real estate leasing. - FY2017RestatedAnnual report
「Going forward, the Company will continue to work to further strengthen its management foundation in order to stably continue providing wholesome entertainment to society, centered on its principal film business.」
The Company continues to pursue a policy of stabilizing its management foundation through the effective utilization of business assets, including the real estate leasing business, while keeping the film business as its core. - FY2017-Q3RestatedAnnual report
「In the leasing segment, although revenue from real estate management declined due to seismic retrofitting of managed buildings, occupancy at the main tenant buildings remained stable and operating performance remained solid.」
The Company continues to maintain stable operations in its real estate business, based on its main tenant buildings. - FY2017-Q2RestatedAnnual report
「Although revenue from real estate management declined, the real estate business segment remained relatively solid, with no major change in the condition of its tenant buildings.」
The real estate business, centered on leasing, is described as having remained relatively solid despite a decline in management revenue. - FY2017-Q2RestatedAnnual report
「In the real estate business, the Company focused on real estate leasing, while in the driving school business it conducted sales activities to attract new students, including various discount campaigns.」
The real estate business continues to focus primarily on the real estate leasing business. - FY2017-Q1RestatedAnnual report
「In the real estate business, the Company focused primarily on real estate leasing, while in the driving school business it concentrated on improving services, including expanding shuttle routes, in an effort to stabilize operations.」
The Company continues to position the real estate leasing business as the main focus of its efforts to stabilize operations. - FY2016First statedAnnual report
「Going forward, the Company will continue to position the effective utilization of assets, primarily real estate, as its top management strategy. To ensure the stable continuation of its principal business objective, providing wholesome entertainment to society, centered on its film business, the Company will work to strengthen its management foundation through prudent asset utilization.」
The Company clearly positions its real estate leasing business as the foundation for stable earnings and as the basis for maintaining the management foundation needed to continue its film business.