Decline in Revenue and Operating Profit in the Real Estate Leasing Business
First written in FY2018-Q3. 11 of 29 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-10-13.
T.O. Holdings moved to the "Worse" side of this theme in 2018.
2 other companies' latest entry also says "Advanced".
- 2026-10-13AdvancedEarnings
「In terms of profit, cost reductions progressed, including reductions in cost of sales and selling, general and administrative expenses, resulting in a result exceeding that of the same period of the previous year.」
In the real estate leasing business, progress in cost reductions resulted in operating profit exceeding that of the same period of the previous year. - FY2026AdvancedAnnual report
「Although revenue fell below the previous fiscal year's level due to the transfer and disposal of leased properties, occupancy rates for leased properties remained firm. Profit exceeded the previous fiscal year's level as a result of cost reductions, including reductions in cost of sales and selling, general and administrative expenses. As a result, revenue was ¥234 million, down 8.8% from the previous fiscal year, and operating profit was ¥154 million, up 16.9%.」
Despite lower revenue from the transfer and disposal of leased properties, operating profit was ¥154 million, up 16.9% from the previous fiscal year, due to firm occupancy rates and reductions in cost of sales, selling, general and administrative expenses, and other costs. - FY2026-H1AdvancedAnnual report
「Although revenue declined from the year-earlier level due to the transfer of properties, occupancy rates for leased properties remained firm. Profit exceeded the year-earlier level as cost reductions, including reductions in cost of sales and selling, general and administrative expenses, progressed. As a result, revenue was ¥116 million, down 17.7% year on year, and operating profit was ¥75 million, up 16.7%.」
Although revenue continued to decline following the transfer of properties, operating profit rose 16.7% year on year due to firm occupancy rates and reductions in cost of sales, selling, general and administrative expenses, and other costs. - FY2025Lower revenue, with profit broadly flatAnnual report
「Occupancy rates for leased properties remained firm. Selling, general and administrative expenses and other costs were generally in line with plan. Although revenue fell below the previous fiscal year's level, profit was roughly in line with it. As a result, revenue was ¥257 million, down 13.3% from the previous fiscal year, and operating profit was ¥132 million, down 0.4%.」
Occupancy rates for leased properties remained firm, but revenue declined due to the sale of leased assets and other factors, while operating profit was roughly in line with the previous fiscal year. - FY2025-H1Lower revenue, slight increase in profitAnnual report
「Occupancy rates for leased properties remained firm. Selling, general and administrative expenses and other costs were generally in line with plan. Although revenue was slightly below the year-earlier level, operating profit exceeded it. As a result, revenue was ¥142 million, down 5.0% year on year, and operating profit was ¥64 million, up 0.8%.」
Occupancy rates for leased properties remained firm. Although revenue declined, operating profit increased slightly as selling, general and administrative expenses and other costs remained in line with plan. - FY2024WorsenedAnnual report
「Although occupancy rates for leased properties improved, both revenue and profit fell below the previous fiscal year's levels because of the sale of leased assets. As a result, revenue was ¥297 million, down 6.8% from the previous fiscal year, and operating profit was ¥132 million, down 15.9%.」
Although occupancy rates improved, the real estate leasing business reported lower revenue and profit for the full year because of the sale of leased assets. - FY2024-Q3WorsenedAnnual report
「Although occupancy rates for leased properties improved, both revenue and profit fell below the year-earlier levels because of the sale of leased assets. As a result, revenue was ¥223 million, down 5.9% year on year, and operating profit was ¥52 million, down 57.9%.」
Although occupancy rates for leased properties improved, the real estate leasing business reported lower revenue because of the sale of leased assets, while operating profit fell 57.9% year on year. - FY2024-Q2Lower revenue and profit due to the sale of leased assetsAnnual report
「Although occupancy rates for leased properties improved, both revenue and profit fell below the year-earlier levels because of the sale of leased assets.」
Although occupancy rates for leased properties improved, the real estate leasing business reported lower revenue and profit because of the sale of leased assets. - FY2024-Q1RestatedAnnual report
「Although occupancy rates for leased properties improved, revenue fell below the year-earlier level because of the sale of leased assets. Operating profit exceeded the year-earlier level because the sale reduced maintenance costs, including property taxes and repair expenses, for the leased assets sold.」
Revenue declined following the sale of leased assets, while operating profit rose 21.3% year on year due to higher occupancy rates and lower maintenance costs. - FY2023-Q3AdvancedAnnual report
「In the previous fiscal year, revenue exceeded the year-earlier level, mainly because business-use assets related to the sports club business were repurposed as assets for lease. Operating profit also exceeded the year-earlier level because the sale of leased assets reduced maintenance costs, including property taxes and repair expenses. As a result, revenue was ¥237 million, up 3.0% year on year, and operating profit was ¥125 million, up 2.8%.」
The real estate leasing business continued to report higher revenue and operating profit, driven by the conversion of sports club business assets into assets for lease and lower maintenance costs following the sale of leased assets. - FY2023-Q1AdvancedAnnual report
「In the previous fiscal year, revenue exceeded the year-earlier level, mainly because business-use assets related to the sports club business were repurposed as assets for lease. Operating profit also exceeded the year-earlier level because the sale of leased assets reduced maintenance costs, including property taxes and repair expenses.」
The real estate leasing business reported higher revenue and operating profit, driven by the conversion of sports club business assets into assets for lease and lower maintenance costs following the sale of leased assets. - FY2022AdvancedAnnual report
「Revenue was ¥307 million, up 0.1% year on year, and operating profit was ¥157 million, up 41.3%.」
The real estate leasing business generated nearly higher revenue for the full year, while operating profit rose 41.3% year on year. This indicates progress in the profitability of the leasing business, including the conversion of sports club facilities into leased assets. - FY2022-Q3Sports facilities converted to leased assetsAnnual report
「The land and buildings previously used in the Sports Club Business will continue to be held by the Company as leased assets rented to the company.」
Even after transferring the sports club business, the company retained ownership of the land and buildings used by the business and transferred them to the real estate leasing business as assets leased to Okamoto. - FY2022-Q2AdvancedAnnual report
「Revenue was ¥154 million, up 0.4% year on year, while operating profit was ¥71 million, up 92.6% year on year.」
The Real Estate Leasing Business achieved only a slight increase in revenue, while operating profit rose 92.6% year on year. - FY2022-Q1Slight revenue decline, higher profitAnnual report
「Revenue was ¥76 million, down 0.1% year on year, while operating profit was ¥32 million, up 43.9% year on year.」
The Real Estate Leasing Business reported nearly flat revenue, with a slight decline, while operating profit increased. - FY2021-Q3Slightly lower revenue and continued higher profitAnnual report
「Revenue was ¥230 million, down 1.4% year on year, while operating profit was ¥85 million, up 26.1% year on year.」
The Real Estate Leasing Business reported a slight decline in revenue, while operating profit increased 26.1% year on year, indicating lower revenue and higher operating profit. - FY2021-Q2Slight revenue decline, higher profitAnnual report
「Revenue was ¥153 million, down 0.9% year on year, while operating profit was ¥37 million, up 1.5% year on year.」
The Real Estate Leasing Business reported a slight decline in revenue, while operating profit increased 1.5%, indicating lower revenue and higher operating profit. - FY2021-Q1AdvancedAnnual report
「Revenue was ¥77 million, up 0.7% year on year, and operating profit was ¥22 million, up 12.4% year on year.」
The Real Estate Leasing Business reported a slight increase in revenue, while operating profit also increased 12.4% year on year. - FY2020-Q3WorsenedAnnual report
「Revenue was ¥233 million, down 29.4% year on year, and operating profit was ¥67 million, down 35.1% year on year.」
The Real Estate Leasing Business reported lower revenue and operating profit, with profitability also deteriorating from the trend of lower revenue and higher operating profit through the previous quarter. - FY2020-Q2WorsenedAnnual report
「Revenue was ¥154 million, down 34.8% year on year, and operating profit was ¥36 million, down 46.1% year on year.」
The Real Estate Leasing Business reported lower revenue and operating profit, with revenue down 34.8% and operating profit down 46.1%. - FY2020-Q1WorsenedAnnual report
「(Real Estate Leasing Business) Revenue was ¥76 million, down 36.5% year on year, and operating profit was ¥19 million, down 50.6% year on year.」
The Real Estate Leasing Business reported lower revenue and operating profit, with revenue down 36.5% year on year and operating profit down 50.6%. - FY2019-Q3RestatedAnnual report
「Revenue was ¥330 million, down 10.2% year on year, while operating profit was ¥104 million, up 35.7%.」
The Real Estate Leasing Business reported lower revenue, while operating profit increased 35.7% year on year, reconfirming the trend of lower revenue and higher operating profit. - FY2019-Q2Declining revenue and higher profitAnnual report
「Revenue was ¥237 million, down 4.3% year on year, while operating profit was ¥68 million, up 104.5% year on year.」
The Real Estate Leasing Business reported lower revenue, while operating profit increased 104.5% year on year, reversing the trend of lower revenue and operating profit through the previous quarter. - FY2019-Q1WorsenedAnnual report
「Revenue was ¥120 million, down 6.5% year on year, and operating profit was ¥40 million, down 14.1% year on year.」
The Real Estate Leasing Business continued to report lower revenue and operating profit, with revenue down 6.5% year on year and operating profit down 14.1%. - FY2018WorsenedAnnual report
「Revenue in the Real Estate Leasing Business was ¥493 million, down 3.8% year on year, and operating profit was ¥93 million, down 55.5%.」
The Real Estate Leasing Business continued to report lower revenue and operating profit for the full year, with operating profit down 55.5%. - FY2018-Q3First statedAnnual report
「In the Real Estate Leasing Business, revenue was ¥368 million, down 3.9% year on year, and operating profit was ¥77 million, down 53.3%.」
For the Real Estate Leasing Business, revenue fell 3.9% year on year and operating profit fell 53.3%, recorded here as a separate theme for the first time.