ENVALITH
株式会社REVOLUTION logo

REVOLUTION CO.,LTD.

8894Standard MarketReal Estate

株式会社REVOLUTION logo
REVOLUTION CO.,LTD.8894

Real Estate Business

Segment engaged in the sale and holding/management of real estate, primarily in prime locations in central Tokyo

PeriodCurrentPreviousChange
Revenue (interim period, FY2026 ending March 2026)¥118 million¥845 million (interim period, FY2025 ending March 2025)
Operating profit/loss (interim period, FY2026 ending March 2026)△¥1 million (operating loss)¥29 million (interim period, FY2025 ending March 2025)
Revenue (full year, FY2025 ending March 2025)¥3,329 million
Operating profit (full year, FY2025 ending March 2025)¥297 million
Revenue (Q1, FY2026 ending March 2026)¥59 million

Business Details

The company continues to procure real estate for sale and sell held real estate, primarily in central Tokyo. It operates the Real Estate Sales Business, the Real Estate Brokerage Business, and the Real Estate Holding & Management Business, pursuing a strategy of capturing the robust investment demand in central Tokyo. In the second quarter (interim period) of FY2026 (ending March 2026), there were no sales of real estate for sale, and real estate rental income (¥116 million) constituted the main source of revenue.

Recent Overview

Zero sales of real estate for sale in the current interim period resulted in revenue of only ¥118 million and an operating loss of ¥1 million

In the second quarter (interim period) of FY2026 (ending March 2026), the company continued to procure real estate for sale and sell held real estate, primarily in prime locations in Tokyo, but there were no sales of real estate for sale during the current interim period. Revenue was ¥118 million (down 86.0% year on year), and operating loss was ¥1 million (compared to operating profit of ¥29 million in the same period last year). The majority of revenue was composed of real estate rental income (¥116 million). Additionally, the sale of fixed assets (land) resulted in ¥695 million in cash inflow recorded as investing cash flow.

Key Products

service
Real Estate Sales Business

The company continues to acquire and sell real estate for sale, primarily properties in prime locations in Ota-ku, Setagaya-ku, and Minato-ku in Tokyo. Revenue can fluctuate significantly between quarters depending on the timing of sales. In the current interim period, there were no sales of real estate for sale.

service
Real Estate Brokerage Business

Handles brokerage services for real estate sales and leasing. Revenue arising from contracts with customers amounted to ¥1 million in the current interim period.

service
Real Estate Holding & Management Business

Business of holding real estate in prime areas of Tokyo and earning rental income. Real estate rental income recognized under lease transaction accounting standards amounted to ¥116 million in the current interim period, making it the main source of revenue for this segment.

Growth Drivers

  • Continued robust real estate investment demand from domestic and international investors in central Tokyo
  • Continued acquisition of prime-location properties leveraging a proprietary purchasing network
  • Concentration of management resources under the policy of focusing on the Real Estate Business and Crowdfunding Business
  • Room for profit recognition through the sale of held real estate (fixed assets including land of ¥7,823 million)

Risks

  • Increased acquisition costs due to rising or persistently high real estate prices stemming from surging land prices and construction costs
  • Risk of declining real estate investment demand due to changes in the interest rate environment (rising rates)
  • Revenue volatility (quarterly skew) dependent on the number and timing of sales of real estate for sale
  • Intensifying competition with rivals in urban areas and difficulty securing information on scarce, high-value properties
  • Medium- to long-term risk of shifts in real estate supply and demand due to population decline and an aging society

Last updated: January 29, 2026