Komori
Kabuki-Za (9661) · FactLower revenue and profit due to higher maintenance and management costs

Maintaining and Improving Profitability in the Real Estate Leasing Business

First written in FY2017-Q1. 17 of 41 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2027-H1.

41entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY20212016: 220162017: 420172018: 420182019: 420192020: 420202021: 420212022: 320222023: 420232024: 420242025: 220252026: 62026
Same theme, other companies
Solid Performance of the Real Estate Leasing BusinessA theme 27 companies write about · 0 as a headwind · 28 as a tailwind

The whole theme swung hardest in 2020: 4 of 22 companies on the "Worse" side.

9 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 27 companies compared. The sentences above are computed from all 27.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Lower revenue and profit due to higher maintenance and management costsAnnual report

    「In the real estate leasing business, net sales were ¥1,002,471 thousand, down 0.8% year on year and broadly in line with the previous year, while segment profit was ¥313,959 thousand, down 6.2% year on year, due to higher building and facility maintenance and management costs.」

    Revenue in the real estate leasing business remained roughly unchanged, while segment profit declined due to higher costs for maintaining and managing building facilities.
  3. FY2026AdvancedAnnual report

    「In the real estate leasing business, tenant rents were revised upward, and conservation work on theater facilities was carried out after reviewing the plan on an ongoing basis. As a result, net sales were ¥2,026,197 thousand, up 6.6% year on year, and segment profit was ¥616,898 thousand, up 7.1% year on year.」

    Tenant rents were revised upward and the maintenance work plan was reviewed, resulting in increases in both revenue and segment profit.
  5. FY2026-H1AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥1,010,339 thousand, up 4.5% year on year, and segment profit was ¥334,549 thousand, up 4.2% year on year, following upward revisions to rents for external tenants.」

    Rents for external tenants were revised upward, resulting in both revenue and segment profit exceeding the levels of the same period of the previous year.
  6. FY2025Higher revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥1,900,418 thousand, up 0.2% year on year, mainly because a new food-service outlet, Kabuki Chaya Fusa no Eki, offering souvenirs, soba and sweets was brought in. Segment profit was ¥575,752 thousand, down 17.1% year on year, mainly because maintenance work on theater equipment that had been postponed due to the COVID-19 pandemic was carried out.」

    Revenue increased due to the addition of a new food-service outlet and other factors, while segment profit declined 17.1% because postponed maintenance work on theater equipment was carried out.
  7. FY2025-H1Higher revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥966,645 thousand, up 1.5% year on year, while segment profit was ¥321,037 thousand, down 13.7% year on year, due to higher maintenance fees and other costs.」

    The real estate leasing business recorded higher revenue, while segment profit declined 13.7% year on year due to higher maintenance fees and other costs.
  8. FY2025-Q1Higher revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥479,401 thousand, up 2.2% year on year, while segment profit was ¥172,731 thousand, down 4.5% year on year.」

    The real estate leasing business recorded higher revenue, while segment profit fell below the level of the same period of the previous year.
  9. FY2024AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥1,895,690 thousand, up 2.0% year on year. Segment profit was ¥694,678 thousand, up 4.7% year on year, partly because some maintenance work on equipment was postponed as a result of the lingering effects of the COVID-19 pandemic.」

    The real estate leasing business recorded higher revenue and profit, with revenue up 2.0% and segment profit up 4.7%.
  10. FY2024-Q3AdvancedAnnual report

    「By segment, in the real estate leasing business, revenue was ¥1,428,504 thousand, up 2.3% year on year, and segment profit was ¥552,009 thousand, up 8.5% year on year.」

    The real estate leasing business recorded higher revenue and profit, with revenue up 2.3% and segment profit up 8.5%.
  11. FY2024-Q2AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥951,931 thousand, up 2.3% year on year, and segment profit was ¥371,888 thousand, up 11.4% year on year.」

    The real estate leasing business recorded higher revenue and profit, with revenue up 2.3% and segment profit up 11.4%.
  12. FY2024-Q1AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥469,190 thousand, up 1.3% year on year, and segment profit was ¥180,904 thousand, up 5.8% year on year.」

    The real estate leasing business recorded higher revenue and profit, with revenue up 1.3% and segment profit up 5.8%.
  13. FY2023Full-year revenue and profit declineAnnual report

    「In the real estate leasing business, revenue was ¥1,858,783 thousand, compared with ¥1,880,122 thousand in the previous fiscal year. Segment profit was ¥643,462 thousand, down 1.9% year on year, as safety and hygiene were prioritized in maintenance work and the scope of work was carefully reviewed.」

    The real estate leasing business recorded lower full-year revenue, while segment profit also declined 1.9% despite careful review of the scope of maintenance work.
  14. FY2023-Q3Lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥1,395,710 thousand, compared with ¥1,413,625 thousand in the same period of the previous year, and segment profit was ¥494,158 thousand, down 3.5% year on year.」

    The real estate leasing business recorded lower revenue year on year, while segment profit also declined 3.5%.
  15. FY2023-Q2Lower revenue and lower earningsAnnual report

    「By segment, in the real estate leasing business, revenue was ¥930,140 thousand, compared with ¥944,599 thousand in the same period of the previous year, and segment profit was ¥324,106 thousand, down 4.2% year on year.」

    Revenue in the real estate leasing business fell below the level of the same period of the previous year, and segment profit also declined 4.2%.
  16. FY2023-Q1Lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥463,221 thousand, compared with ¥472,023 thousand in the same period of the previous year, and segment profit was ¥166,221 thousand, down 2.5% year on year.」

    Revenue in the real estate leasing business declined from ¥472,023 thousand in the same period of the previous year to ¥463,221 thousand, and segment profit also declined 2.5%.
  17. FY2022-Q3AdvancedAnnual report

    「By segment, in the real estate leasing business, continued rent reductions and other measures for certain facilities and stores affected by infectious disease prevention measures resulted in revenue of ¥1,413,625 thousand, up 10.6% year on year. Segment profit was ¥511,967 thousand, up 56.7% year on year, mainly due to the partial postponement of new capital investment and equipment upgrades.」

    Revenue increased 10.6%, while segment profit increased 56.7% as some new capital investments and equipment upgrades were postponed, despite continued rent reductions and other measures for certain facilities and stores.
  18. FY2022-Q2AdvancedAnnual report

    「In the real estate leasing business, although rent reductions and other measures were implemented for certain facilities and stores affected by infectious disease prevention measures, the partial postponement of new capital investment and equipment upgrades resulted in revenue of ¥944,599 thousand, up 17.0% year on year, and segment profit of ¥338,422 thousand, up 102.9%.」

    Revenue increased 17.0% and segment profit increased 102.9%, as rent reductions were implemented for certain facilities and stores while some new capital investments and equipment upgrades were postponed.
  19. FY2022-Q1AdvancedAnnual report

    「In the real estate leasing business, the impact of rent reductions in the same period of the previous year had largely dissipated. Accordingly, revenue was ¥472,023 thousand, up 19.4% year on year, and segment profit was ¥170,564 thousand, up 146.3% year on year, mainly due to lower equipment maintenance costs and other factors.」

    Revenue increased 19.4% year on year and segment profit increased 146.3%, as the impact of rent reductions in the same period of the previous year had largely dissipated and lower equipment maintenance costs also contributed.
  20. FY2021Full-year revenue and profit decline due to rent reductionsAnnual report

    「By segment, revenue in the real estate leasing business was ¥1,750.961 million, down 8.3% from the previous fiscal year due to rent reductions. Although maintenance work not affecting safety or hygiene was deferred and expenses associated with canceled performances declined, segment profit was ¥487.313 million, down 32.3%, due to increased property tax and other expenses.」

    The full-year results confirmed a decline in revenue due to rent reductions and a decline in profit due to increased property tax and other expenses.
  21. FY2021-Q3Continued declines in revenue and profit due to rent reductionsAnnual report

    「In the real estate leasing business, revenue was ¥1,278.065 million, down 10.8% year on year due to rent reductions. Segment profit was ¥326.694 million, down 40.5%, as increased property tax and other expenses outweighed the reduction in expenses associated with canceled performances.」

    Revenue declined due to rent reductions, while segment profit fell 40.5% as increased property tax and other expenses outweighed the reduction in expenses associated with canceled performances.
  22. FY2021-Q2Revenue and profit decline due to rent reductionsAnnual report

    「In the real estate leasing business, revenue was ¥807.693 million, down 15.4% year on year due to rent reductions. Segment profit was ¥166.831 million, down 53.0%, as increased property tax and other expenses outweighed the reduction in expenses associated with canceled performances.」

    Revenue declined due to rent reductions, while segment profit fell 53.0% as increased property tax and other expenses outweighed the reduction in expenses associated with canceled performances.
  23. FY2021-Q1Sharp revenue and profit declinesAnnual report

    「In the real estate leasing business, revenue was ¥395.188 million, down 16.7% from the same quarter of the previous year due to the impact of rent reductions. Segment profit was ¥69.257 million, down 63.2%, mainly due to higher maintenance costs, including replacement and inspections of stage curtain hoists, cleaning of theater exteriors, and cleaning and disinfection of the theater and Kobikicho Plaza.」

    Revenue declined due to rent reductions, while higher maintenance, cleaning and disinfection costs also contributed to a substantial decline in segment profit.
  24. FY2020Continued revenue growth and profit declineAnnual report

    「In the real estate leasing business, revenue was ¥1,908.545 million, an increase of ¥7.272 million, or 0.4%, from the previous fiscal year, while segment profit was ¥719.999 million, a decrease of ¥42.728 million, or 5.6%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    Revenue increased for the full fiscal year in the real estate leasing business, while profit continued to decline due to higher theater equipment upgrade costs and increased property tax and other expenses.
  25. FY2020-Q3Continued revenue growth and profit declineAnnual report

    「In the real estate leasing business, revenue was ¥1,432.259 million, up 0.2% year on year, while segment profit was ¥549.342 million, down 7.4%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    Revenue in the real estate leasing business increased slightly, while segment profit fell 7.4% due to higher theater equipment upgrade costs and increased property tax and other expenses.
  26. FY2020-Q2Continued lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥954.297 million, essentially unchanged from the same period of the previous year. Segment profit was ¥354.701 million, down 10.2%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    Revenue in the real estate leasing business remained broadly in line with the same period of the previous year, while segment profit fell 10.2% due to higher theater equipment upgrade costs and increased property tax and other expenses.
  27. FY2020-Q1Continued lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥474.636 million, broadly in line with the same period of the previous year and down 0.1% year on year, while segment profit was ¥188.049 million, down 4.4% mainly due to higher property tax.」

    Revenue in the real estate leasing business fell 0.1% and segment profit fell 4.4%, continuing the declines in revenue and profit from the previous fiscal year. Higher property tax and other factors were cited as reasons for the decline in profit.
  28. FY2019Full-year revenue decline and lower profit continueAnnual report

    「In the real estate leasing business, revenue was ¥1,901.272 million, a decrease of ¥7.842 million, or 0.4%, from the previous fiscal year, while segment profit was ¥762.727 million, a decrease of ¥53.798 million, or 6.6%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    The declines in revenue and profit that continued through the previous quarter also continued for the full fiscal year, with higher theater equipment upgrade costs and increased property tax and other expenses cited as factors behind the decline in profit.
  29. FY2019-Q3Continued lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥1,428.977 million, down 0.5% year on year, while segment profit was ¥593.395 million, down 4.8%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    The real estate leasing business continued to post declines in revenue and profit, with higher theater equipment upgrade costs and increased property tax and other expenses cited as factors behind the decline in profit.
  30. FY2019-Q2Lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥954.328 million, down 0.2% year on year. Segment profit was ¥394.792 million, down 5.6%, due to higher costs related to theater equipment upgrades and increased property tax and other expenses.」

    Both revenue and segment profit in the real estate leasing business fell below the same period of the previous year due to higher theater equipment upgrade costs and increased property tax and other expenses.
  31. FY2019-Q1Lower revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥475.294 million, broadly in line with the same period of the previous year and down 0.2% year on year, while segment profit was ¥196.611 million, down 4.5%.」

    Revenue in the real estate leasing business fell 0.2% and segment profit fell 4.5%, marking a shift from revenue and profit growth in the previous fiscal year to revenue and profit declines.
  32. FY2018Full-year revenue growth and profit decline continuedAnnual report

    「In the real estate leasing business, revenue was ¥1,909.115 million, an increase of ¥6.174 million, or 0.3%, from the previous fiscal year, while segment profit was ¥816.525 million, a decrease of ¥9.725 million, or 1.2%.」

    Revenue increased for the full fiscal year in the real estate leasing business, while segment profit declined.
  33. FY2018-Q3Higher revenue and lower earningsAnnual report

    「In the real estate leasing business, revenue was ¥1,435.845 million, up 0.5% year on year, while segment profit was ¥623.612 million, down 1.0%.」

    Revenue in the real estate leasing business increased, while segment profit fell below the same period of the previous year.
  34. FY2018-Q2AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥956.427 million, up 0.6% year on year, while segment profit was ¥418.383 million, up 1.0%.」

    Both revenue and segment profit in the real estate leasing business exceeded the same period of the previous year, and earnings have continued to be maintained and improved.
  35. FY2018-Q1AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥476.313 million, broadly in line with the same period of the previous year and up 0.7% year on year, while segment profit was ¥205.885 million, up 0.9%.」

    Both revenue and segment profit in the real estate leasing business exceeded the same period of the previous year.
  36. FY2017AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥1,902.941 million, an increase of ¥23.939 million, or 1.3%, from the previous fiscal year, while segment profit was ¥826.250 million, an increase of ¥58.309 million, or 7.6%, mainly due to lower depreciation expense resulting from certain fixed assets at the filing company becoming fully depreciated in the previous consolidated fiscal year.」

    For the full fiscal year, revenue increased 1.3% and segment profit increased 7.6%, confirming an improvement in earnings.
  37. FY2017-Q3AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥1,428.412 million, up 1.4% year on year, while segment profit was ¥629.725 million, up 8.4%, mainly due to lower depreciation expense resulting from certain fixed assets at the filing company becoming fully depreciated in the previous consolidated fiscal year.」

    Revenue in the real estate leasing business increased 1.4% and segment profit increased 8.4%, indicating continued earnings improvement from the previous cumulative quarter.
  38. FY2017-Q2AdvancedAnnual report

    「In the real estate leasing business, revenue was ¥950.651 million, up 1.4% year on year, while segment profit was ¥414.049 million, up 7.3%, mainly due to lower depreciation expense resulting from certain fixed assets at the filing company becoming fully depreciated in the previous consolidated fiscal year.」

    Revenue in the real estate leasing business exceeded the same period of the previous year, and segment profit also increased 7.3%.
  39. FY2017-Q1First statedAnnual report

    「In the real estate leasing business, revenue was ¥472.801 million, broadly in line with the same period of the previous year and up 1.7% year on year, while segment profit was ¥204.072 million, up 9.8%.」

    The real estate leasing business maintained revenue, while segment profit exceeded the same period of the previous year.
Moved together

"Decline in Sales in the Cafeteria and Food Service Businesses" moved the same way as this thread, in the same document, in 10 of its 41 moves.

1099966★123456
  1. ★This thread
  2. 1Decline in Sales in the Cafeteria and Food Service Businesses10×
  3. 2Slight decline in sales and profit in the concession business9×
  4. 3Increase in Operating Profit and Ordinary Profit Despite Declining Revenue9×
  5. 4Cost Reduction and Loss Reduction in the Cafeteria and Food Service Business9×
  6. 5Expanding Concession Stand Products, Sales Channels and Brands6×
  7. 6Recognizing improvement in the equity ratio as a long-term management issue6×

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