Komori
Kyodo Paper Holdings (9849) · InitiativeSoftened

Stabilizing the Earnings Base Through Real Estate Leasing

First written in FY2016. 15 of 34 entries say "Restated". Latest entry: 2026-11-05.

34entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2021-Q22016: 220162017: 420172018: 320182019: 320192020: 320202021: 320212022: 420222023: 420232024: 220242025: 220252026: 42026
Same theme, other companies
Establishing real estate and rental housing as core sources of revenueA theme 46 companies write about · 4 as a headwind · 43 as a tailwind

Kyodo Paper Holdings moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).

The whole theme swung hardest in 2021: 3 of 33 companies on the "Worse" side.

2 other companies' latest entry also says "Softened".

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 46 companies compared. The sentences above are computed from all 46.
Full recordFilings, disclosures and news, newest first
  1. 2026-11-05SoftenedResults

    「不動産賃貸事業は、前期に賃貸用不動産の売却を行ったことにより売上高は39百万円(前年同期比27.2%減)、セグメント利益は13百万円(前年同期比33.7%減)となりました。」

    前期の賃貸用不動産売却により、不動産賃貸事業の収益規模がさらに縮小している。
  2. FY2026SoftenedAnnual report

    「The Group owned an apartment building for lease, including the land, but sold it during the consolidated accounting period.」

    The remaining apartment building for lease was sold, reducing the carrying amount of investment property from ¥434.756 million to zero. The rental earnings base has contracted further.
  3. FY2026-H1WorsenedAnnual report

    「During the interim consolidated accounting period, the company transferred the land, buildings and other assets of a leased property in Toda, Saitama Prefecture, reducing segment assets in the real estate leasing business by ¥434.756 million from the end of the previous consolidated fiscal year.」

    The company transferred a leased property in Toda, Saitama Prefecture, reducing segment assets in the real estate leasing business by ¥434.756 million. In addition, sales in the business were down 2.3% year on year and segment profit was down 11.8%.
  4. FY2025AdvancedAnnual report

    「(Real Estate Leasing Business) Sales were ¥108 million, up 0.6% year on year, while segment profit was ¥45 million, up 2.3%.」

    For the full year, the real estate leasing business generated sales of ¥108 million and segment profit of ¥45 million, both exceeding the previous fiscal year.
  5. FY2025-H1AdvancedAnnual report

    「(Real Estate Leasing Business) Sales were ¥54 million, up 1.4% year on year, while segment profit (operating profit) was ¥23 million, up 6.8%.」

    Sales in the real estate leasing business were ¥54 million and segment profit was ¥23 million, up 1.4% and 6.8%, respectively, year on year.
  6. FY2024-Q3WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥80 million, down 2.4% year on year, while segment profit (operating profit) was ¥33 million, down 4.4%.」

    Both sales and segment profit in the real estate leasing business fell below the same period of the previous year, and the deterioration in the performance of the earnings base has continued.
  7. FY2024-Q2WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥54 million, down 3.3% year on year, while segment profit (operating profit) was ¥21 million, down 8.7%.」

    Sales and segment profit in the real estate leasing business fell below the same period of the previous year, weakening its performance as an earnings base.
  8. FY2024-Q1RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥26 million, down 1.8% year on year, while segment profit (operating profit) was ¥11 million, down 0.1%.」

    The real estate leasing business continued to operate, generating sales of ¥26 million and segment profit of ¥11 million. Both declined slightly year on year.
  9. FY2023AdvancedAnnual report

    「(Real Estate Leasing Business) Sales increased 28.4% year on year to ¥109 million because income from the leased apartments and leased warehouses acquired in the corporate reorganization in January of the previous fiscal year was recognized from the start of the current fiscal year. Segment profit increased 46.5% to ¥45 million.」

    Income from the leased apartments and leased warehouses acquired through the corporate reorganization contributed for the full year, increasing sales and segment profit in the real estate leasing business.
  10. FY2023-Q3AdvancedAnnual report

    「(Real Estate Leasing Business) Sales were ¥82 million, up 41.9% year on year, while segment profit (operating profit) was ¥34 million, up 76.8%.」

    Sales and segment profit in the real estate leasing business exceeded the same period of the previous year, improving performance for the second consecutive quarter.
  11. FY2023-Q2AdvancedAnnual report

    「(Real Estate Leasing Business) Sales were ¥55 million, up 43.3% year on year, while segment profit (operating profit) was ¥24 million, up 84.0%.」

    Sales in the real estate leasing business were ¥55 million and segment profit was ¥24 million, up 43.3% and 84.0%, respectively, year on year.
  12. FY2023-Q1AdvancedAnnual report

    「(Real Estate Leasing Business) Sales were ¥27 million, up 40.8% year on year, while segment profit (operating profit) was ¥11 million, up 70.0%.」

    Sales in the real estate leasing business were ¥27 million and segment profit was ¥11 million, up 40.8% and 70.0%, respectively, year on year. Performance improved from the deterioration that had continued through the previous fiscal year.
  13. FY2022WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥85 million, down 29.5% year on year, while segment profit (operating profit) was ¥30 million, down 24.3%.」

    Following the sale of 2 leased properties in the previous fiscal year, sales and profit in the real estate leasing business declined substantially, confirming a deterioration in its performance as an earnings base for the full year.
  14. FY2022-Q3WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥58 million, down 35.9% year on year, while segment profit (operating profit) was ¥19 million, down 37.8%.」

    Sales and segment profit in the real estate leasing business fell substantially below the same period of the previous year, and the deterioration in the performance of the earnings base derived from owned real estate has continued.
  15. FY2022-Q2WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥39 million, down 35.9% year on year, while segment profit (operating profit) was ¥13 million, down 39.7%.」

    Sales and segment profit in the real estate leasing business fell substantially below the same period of the previous year, weakening its performance as an earnings base.
  16. FY2022-Q1WorsenedAnnual report

    「(Real Estate Leasing Business) Sales were ¥19 million, down 35.8% year on year, while segment profit (operating profit) was ¥6 million, down 37.6%.」

    Sales and segment profit in the real estate leasing business fell substantially below the same period of the previous year, weakening its performance as an earnings base.
  17. FY2021SoftenedAnnual report

    「During the consolidated fiscal year, the company sold a warehouse it owned in Ichikawa, Chiba Prefecture, and land it owned in Takasaki, Gunma Prefecture.」

    While continuing the real estate leasing business, the company sold 2 leased properties, reducing the carrying amount of investment property from ¥739.528 million to ¥10.208 million. The earnings base derived from owned real estate has contracted.
  18. FY2021-Q2RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥60 million, down 0.2% year on year, while segment profit (operating profit) was ¥21 million, up 3.0%.」

    The real estate leasing business continued to operate, generating sales of ¥60 million and segment profit of ¥21 million.
  19. FY2021-Q1RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥30 million, down 0.3% year on year, while segment profit (operating profit) was ¥10 million, up 1.0%.」

    The real estate leasing business continued to operate, generating sales of ¥30 million and segment profit of ¥10 million.
  20. FY2020-Q3RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥91 million, down 0.4% year on year, while segment profit (operating profit) was ¥31 million, down 1.5%.」

    The real estate leasing business continued to operate, generating cumulative sales of ¥91 million and segment profit of ¥31 million. Both sales and profit declined slightly year on year.
  21. FY2020-Q2RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥60 million, down 0.3% year on year, while segment profit (operating profit) was ¥21 million, down 1.1%.」

    The real estate leasing business continued to operate, generating sales of ¥60 million and segment profit of ¥21 million.
  22. FY2020-Q1RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥30 million, down 0.3% year on year, while segment profit (operating profit) was ¥10 million, up 0.9%.」

    The real estate leasing business continued to operate, generating sales of ¥30 million and segment profit of ¥10 million.
  23. FY2019-Q3RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥91 million, up 0.0% year on year, while segment profit (operating profit) was ¥32 million, down 1.9%.」

    The real estate leasing business continued to operate, generating cumulative sales of ¥91 million and segment profit of ¥32 million.
  24. FY2019-Q2RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥61 million, up 0.0% year on year, while segment profit (operating profit) was ¥21 million, down 3.4%.」

    The real estate leasing business continued to operate, generating sales of ¥61 million and segment profit of ¥21 million.
  25. FY2019-Q1RestatedAnnual report

    「(Real Estate Leasing Business) Sales were ¥30 million, down 0.1% year on year, while segment profit (operating profit) was ¥10 million, down 4.9%.」

    The real estate leasing business continued to operate, generating sales of ¥30 million and segment profit of ¥10 million.
  26. FY2018-Q3RestatedAnnual report

    「② Real Estate Leasing Business For this segment, sales were ¥91 million, down ¥1 million year on year, while segment profit (operating profit) was ¥32 million, down ¥2 million year on year.」

    The real estate leasing business continued to operate, generating sales of ¥91 million and segment profit of ¥32 million.
  27. FY2018-Q2RestatedAnnual report

    「② Real Estate Leasing Business For this segment, sales were ¥61 million, down ¥1 million year on year, while segment profit (operating profit) was ¥21 million, down ¥1 million year on year.」

    The real estate leasing business continued to operate, generating sales of ¥61 million and segment profit of ¥21 million.
  28. FY2018-Q1RestatedAnnual report

    「② Real Estate Leasing Business For this segment, sales were ¥30 million, down ¥0 million year on year, while segment profit (operating profit) was ¥11 million, down ¥0 million year on year.」

    The real estate leasing business continued to operate, generating sales of ¥30 million and segment profit of ¥11 million.
  29. FY2017RestatedAnnual report

    「The Group engages in the real estate leasing business to stabilize its earnings base by utilizing its owned real estate.」

    The real estate leasing business continued to utilize owned real estate, generating sales of ¥124 million and segment profit of ¥46 million for the year.
  30. FY2017-Q3RestatedAnnual report

    「② Real Estate Leasing Business For this segment, sales were ¥93 million, down ¥1 million year on year, while segment profit (operating profit) was ¥35 million, up ¥0 million year on year.」

    The real estate leasing business continued to operate, generating cumulative sales of ¥93 million and segment profit of ¥35 million.
  31. FY2017-Q2RestatedAnnual report

    「② Real Estate Leasing Business For this segment, sales were ¥62 million, down ¥1 million year on year, while segment profit (operating profit) was ¥23 million, unchanged year on year.」

    The real estate leasing business continued to operate as a business segment, generating sales of ¥62 million and segment profit of ¥23 million.
  32. FY2016First statedAnnual report

    「The Group engages in the real estate leasing business to stabilize its earnings base by utilizing its owned real estate.」

    Real estate leasing is positioned as a measure to stabilize the earnings base beyond the wholesale paper business by utilizing owned real estate.
Moved together

"Risk of fluctuations in the fair value of investment securities" moved the same way as this thread, in the same document, in 10 of its 34 moves.

101010988★123456
  1. ★This thread
  2. 1Risk of fluctuations in the fair value of investment securities10×
  3. 2Earnings Improvement Through High-Margin Product Sales and Fixed-Cost Reduction10×
  4. 3Difficulty Passing on Higher Procurement Costs to Selling Prices and Raw Material and Foreign Exchange Risks10×
  5. 4Declining Domestic Paper Demand and the Shift Away from Paper Due to Digitization9×
  6. 5Recovery in operating and ordinary profit amid declining revenue8×
  7. 6Logistics business turns profitable8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Kyodo Paper Holdings's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Results of 2026-11-05: "Softened".
News
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