Securing Stable Income Through the Acquisition of Rental Apartment Properties and Their Use as Employee Housing
First written in FY2020-Q3. 5 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Capital expenditure for the current consolidated fiscal year amounted to ¥354 million. The principal items were the acquisition of rental apartments in the real estate business for ¥181 million and the acquisition of solar power generation facilities through repairs for ¥51 million.」
The acquisition of rental apartments was quantified as full-year capital expenditure of ¥181 million. The company stated its policy of also using the rental properties as employee housing for Group companies. - FY2023-Q3AdvancedAnnual report
「During the current third-quarter consolidated accounting period, segment assets in the real estate business increased by ¥245,292 thousand as a result of the acquisition of rental apartments.」
The acquisition of rental apartments was quantified as a ¥245,292 thousand increase in real estate business segment assets during the current third-quarter consolidated accounting period. The policy of also using the apartments as employee housing continues. - FY2020AdvancedAnnual report
「The principal items were the acquisition of solar power generation facilities in the real estate business for ¥555 million and the acquisition of rental apartments for ¥412 million.」
The acquisition of rental apartments disclosed in the previous quarter was confirmed as full-year capital expenditure of ¥412 million. Their expected stable rental income and use as employee housing were also stated. - FY2020-Q3First statedAnnual report
「The increase in buildings and structures and land was primarily attributable to the acquisition of rental apartments in the real estate business. In addition to expected stable rental income, the apartments will also be used as employee housing for the Group, which is expected to contribute to improvements in employee benefits.」
The company has disclosed for the first time its policy of acquiring rental apartments in the real estate business, securing stable rental income and using them as employee housing.