Declining prices and sluggish sales of real estate held for sale
First written in FY2016. 14 of 36 entries say "Mitigated", first in FY2018-Q2. Latest entry: 2026-11-12.
Biken Techno moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 23 of 40 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- 2026-11-12MitigatedResults
「当中間連結会計期間においては不動産物件の売却によるフィー収益があったことから、前年同期を上回る実績となりました。」
不動産物件の売却が成立し、販売停滞による業績下振れリスクが当中間期には緩和された。 - FY2026MitigatedAnnual report
「The Real Estate segment engages in the purchase and sale and brokerage of real estate, as well as the leasing of properties held by the Company. During the fiscal year, the completion of property sales and an increase in rental income and other revenue resulted in higher revenue and segment profit compared with the previous fiscal year.」
The completion of a property sale and an increase in rental income and other revenue eased during the fiscal year the impact of the performance shortfall caused by failed property sales that had become apparent in the previous fiscal year. - FY2026-H1MaterialisedAnnual report
「Although no property sale was completed during the six-month period ended September 30, rental income and other revenue increased because of rent revisions for acquired properties and an increase in tenants, resulting in higher revenue and segment profit compared with the same period of the previous year.」
Although the absence of completed property sales continued, increased rental income and other revenue from rent revisions for acquired properties and an increase in tenants resulted in higher revenue and profit in the Real Estate segment. - FY2025MaterialisedAnnual report
「During the fiscal year, no real estate sales were completed, resulting in lower revenue and segment profit than in the previous fiscal year. As a result, revenue for the fiscal year was ¥668 million, down 88.1% year on year, and segment profit was ¥197 million, down 75.4%.」
The absence of a completed property sale resulted in the risk of volatility in sales of property held for sale appearing in the results as a significant decline in both revenue and profit. - FY2025-H1MaterialisedAnnual report
「During the six-month period ended September 30, no property sale was completed, resulting in lower revenue and segment profit compared with the same period of the previous year. As a result, revenue for the six-month period ended September 30 was ¥331 million, down 73.6% year on year, and segment profit was ¥87 million, down 71.2%.」
The absence of a completed property sale resulted in the risk of volatility in sales of property held for sale appearing in the results as lower revenue and profit. - FY2024MitigatedAnnual report
「During the fiscal year, a large property sale was completed, resulting in higher revenue and segment profit compared with the previous fiscal year.」
A large property sale was completed, easing the impact of the sales slowdown on performance during the fiscal year. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended December 31, a property sale was completed, but it did not reach the level recorded in the same period of the previous year, resulting in lower revenue and segment profit.」
Although the property sale itself was completed, its project scale was below that of the same period of the previous year, and the risk of performance volatility from property sale projects continues. - FY2024-Q2WorsenedAnnual report
「During the first six months of the current consolidated fiscal year, the company completed a real estate sale, but net sales and segment profit decreased as the result fell short of that in the same period of the previous year. As a result, net sales for the first six months of the current consolidated fiscal year were ¥1,257 million, down 42.1% year on year, and segment profit was ¥303 million, down 51.1% year on year.」
Although the property sale itself was completed, it was below the level recorded in the same period of the previous year, resulting in a 42.1% decline in revenue and a 51.1% decline in segment profit. The risk from fluctuations in project size therefore reappeared in the results. - FY2023MitigatedAnnual report
「During the fiscal year, a large property sale was completed, resulting in higher revenue and segment profit compared with the previous fiscal year.」
A large property sale was completed, easing the impact of the sales slowdown during the fiscal year. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended December 31, a large property sale was completed. Although its sales scale was below that of the property sale in the same period of the previous year, it exceeded the previous year in terms of profit.」
Although the large property sale was completed, its sales scale was smaller than in the same period of the previous year, confirming again that performance volatility from individual projects remains. - FY2023-Q2RestatedAnnual report
「During the six-month period ended September 30, a large property sale was completed. Although its sales scale was below that of the property sale in the same period of the previous year, it exceeded the previous year in terms of profit. As a result, revenue for the six-month period ended September 30 was ¥2,173 million, down 2.2% year on year, and segment profit was ¥619 million, up 36.0%.」
A large property sale was completed, and although the sales scale was below that of the same period of the previous year, profit was higher, so the impact of the sales slowdown has remained eased. - FY2023-Q1MitigatedAnnual report
「During the three-month period ended June 30, a large property sale was completed. Although its sales scale was below that of the property sale in the same period of the previous year, it exceeded the previous year in terms of profit.」
A large property sale was completed, easing the impact of the sales slowdown during the fiscal year. Although the sales scale was below that of the same period of the previous year, profit was higher. - FY2022Large sale completed, but revenue and profit down year on yearAnnual report
「During the fiscal year, a large property sale was completed, but it did not reach the previous fiscal year's level, resulting in lower revenue and segment profit. As a result, revenue for the fiscal year was ¥2,532 million, down 64.3% year on year, and segment profit was ¥526 million, down 26.8%.」
Although the large sale was completed, it was below the previous fiscal year's project, resulting in a 64.3% decline in revenue and a 26.8% decline in segment profit. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended December 31, a large property sale was completed. Although its sales scale was below that of the property sale in the same period of the previous year, it exceeded the previous year in terms of profit. As a result, revenue for the nine-month period ended December 31 was ¥2,391 million, down 30.6% year on year, and segment profit was ¥538 million, up 28.4%.」
Although a large property sale was completed, its sales scale was smaller year on year, confirming again that performance volatility from individual sale projects remains. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the company also completed a large-scale real estate sale. Although the scale of revenue was smaller than that of the real estate sale in the same period of the previous year, profit outperformed the previous period.」
The completion of a large property sale continues to be reported. Although the sales scale was below that of the same period of the previous year, profit was higher. - FY2022-Q1MitigatedAnnual report
「During the three-month period ended June 30, a large property sale was completed. Although its sales scale was below that of the property sale in the same period of the previous year, it exceeded the previous year in terms of profit.」
A large property sale was completed, easing the impact of the sales slowdown. Although the sales scale was below that of the same period of the previous year, profit was higher. - FY2021Large sale completed, but profit below previous year's levelAnnual report
「During the fiscal year, a large property sale was completed, resulting in higher revenue compared with the previous fiscal year, but segment profit declined because profit did not reach the previous fiscal year's level. As a result, revenue for the fiscal year was ¥7,086 million, up 26.5% year on year, and segment profit was ¥719 million, down 22.7%.」
Although the large sale was completed, the result was below the previous fiscal year's level in terms of profit margin and other factors. The risk of a sales slowdown was temporarily eased, while performance volatility from individual sale projects remains. - FY2021-Q3Large sale completed, but revenue and profit below previous year's levelsAnnual report
「During the nine-month period ended December 31, a large property sale was completed, but the result was below that of the previous fiscal year, resulting in lower revenue and segment profit compared with the same period of the previous year. As a result, revenue for the nine-month period ended December 31 was ¥3,448 million, down 36.6% year on year, and segment profit was ¥419 million, down 68.7%.」
Although a large property sale was completed, it was below the previous fiscal year's level, resulting in year-on-year declines in both revenue and profit in the Real Estate segment. - FY2021-Q2RestatedAnnual report
「During the six-month period ended September 30, a large property sale was completed, resulting in higher revenue and segment profit compared with the same period of the previous year. As a result, revenue for the six-month period ended September 30 was ¥3,257 million, up 478.7% year on year, and segment profit was ¥349 million, up 61.7%.」
A large sale of property held for sale was completed, resulting in year-on-year increases in both revenue and profit in the Real Estate segment, and the impact of the sales slowdown has remained eased. - FY2021-Q1MitigatedAnnual report
「During the three-month period ended June 30, a large property sale was completed, resulting in higher revenue and segment profit compared with the same period of the previous year. As a result, revenue for the three-month period ended June 30 was ¥3,066 million, compared with ¥240 million in the same period of the previous year, and segment profit was ¥294 million, up 259.8%.」
A large sale of property held for sale was completed, increasing Real Estate segment revenue and segment profit year on year and easing the impact of the sales slowdown during the quarter. - FY2020-Q3MitigatedAnnual report
「During the nine-month period ended December 31, a large sale of property held for sale was completed, as in the previous year. Revenue declined compared with the same period of the previous year, while segment profit increased.」
A large sale of property held for sale was completed, changing the situation from one in which no sale was completed. Revenue declined year on year, while segment profit increased. - FY2020-Q2MaterialisedAnnual report
「During the six-month period ended September 30, there were no large property sales, resulting in lower revenue and segment profit compared with the same period of the previous year. As a result, revenue for the six-month period ended September 30 was ¥562 million, down 89.8% year on year, and segment profit was ¥216 million, down 69.1%.」
The absence of a large property sale resulted in the risk of volatility in sales of property held for sale appearing in the results as an 89.8% decline in revenue and a 69.1% decline in segment profit. - FY2020-Q1MaterialisedAnnual report
「During the three-month period ended June 30, there were no large property sales, resulting in lower revenue and segment profit compared with the same period of the previous year.」
The absence of a large property sale resulted in lower Real Estate segment revenue and segment profit year on year. - FY2019-Q3Higher sales but lower profit marginsAnnual report
「During the nine-month period ended December 31, the sale of property held for sale resulted in higher revenue compared with the same period of the previous year, but segment profit declined because the profit margin did not reach that of the projects completed in the previous fiscal year. As a result, revenue for the nine-month period ended December 31 was ¥5,653 million, up 66.6% year on year, and segment profit was ¥742 million, down 8.2%.」
Although the sale of property held for sale was completed and contributed to revenue, its profit margin was lower than that of the previous fiscal year's projects, resulting in a year-on-year decline in segment profit. - FY2019-Q2RestatedAnnual report
「During the six-month period ended September 30, sales of property held for sale made a significant contribution to revenue and profit, resulting in higher revenue and segment profit compared with the same period of the previous year.」
The sale of property held for sale made a significant contribution to revenue and profit, confirming again that concerns about a slowdown in sales have eased. - FY2019-Q1MitigatedAnnual report
「The large sale of property held for sale that had been expected during the second quarter was brought forward, and the Company was also able to reduce selling costs.」
The large sale of property held for sale was completed ahead of schedule and selling costs were reduced, easing concerns about a slowdown in sales during the quarter. - FY2018RestatedAnnual report
「The Real Estate segment engages in the purchase and sale and brokerage of real estate, as well as the leasing of properties held by the Company. Although there was a large sale of property held for sale during the fiscal year, it did not reach the sales level recorded in the previous fiscal year, resulting in lower revenue and segment profit compared with the previous fiscal year.」
Although there was a large sale of property held for sale, it did not reach the sales level recorded in the previous fiscal year, and volatility in property sales remains. - FY2018-Q3MitigatedAnnual report
「The Real Estate segment engages in the purchase and sale and brokerage of real estate, as well as the leasing of properties held by the Company. During the nine-month period ended December 31, there was a large property sale, resulting in higher revenue and segment profit compared with the same period of the previous year, when there were no property sales. As a result, revenue for the nine-month period ended December 31 was ¥3,394 million, up 692.6% year on year, and segment profit was ¥809 million, up 414.2%.」
A large property sale took place after no large sales through the same period of the previous year, resulting in a significant increase in Real Estate segment revenue and segment profit. - FY2018-Q2MitigatedAnnual report
「During the six-month period ended September 30, a property sale took place, resulting in higher revenue and segment profit compared with the same period of the previous year, when there were no property sales.」
A property sale took place after no large sales through the same period of the previous year, resulting in higher revenue and segment profit. - FY2018-Q1MaterialisedAnnual report
「The real estate business engages in real estate sales, purchases and brokerage, as well as leasing of real estate held by the company. During the three months ended the first quarter of the current fiscal year, there were no large real estate sales, as in the same period of the previous year. In addition, because the same period of the previous year included rental income from real estate sold during the previous fiscal year, revenue and segment profit declined year on year.」
The absence of a large property sale continued from the previous year, resulting in lower revenue and segment profit. - FY2017-Q3MaterialisedAnnual report
「There were no large real estate sales recorded as revenue during the nine months ended the third quarter of the current fiscal year, which was a period focused on addressing future projects. Because there had been a large real estate sale in the same period of the previous year, revenue and segment profit declined substantially year on year.」
The absence of revenue from large real estate sales continued, and the decline in revenue and segment profit caused by the lack of the large transaction recorded in the same period of the previous year also occurred in the nine months ended the third quarter. - FY2017-Q2MaterialisedAnnual report
「There were no real estate transactions recorded as revenue during the six months ended the second quarter of the current fiscal year, which was a period focused on addressing future projects. Because there had been a large real estate transaction in the same period of the previous year, revenue and segment profit declined substantially year on year.」
No revenue was recorded from real estate transactions, and the absence of the large transaction recorded in the same period of the previous year resulted in a substantial decline in real estate revenue and segment profit. - FY2016First statedAnnual report
「However, if sales do not proceed smoothly due to changes in the economic environment or other factors, the Group's performance and financial condition may be affected.」
The company is promoting sales activities for properties including those in Awara, Fukui Prefecture, but states that sluggish sales could affect performance and financial condition.