Focus on Condominium Construction in the Tokyo Metropolitan Area

「To describe the characteristics of our group’s business, one feature is that our principal business areas are the Tokyo metropolitan area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, and Kyushu and surrounding areas.」

「Condominium construction starts in the Tokyo metropolitan area, our group’s main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 37,167 units from January to November 2025, down 22.4% year on year.」

「Against this backdrop, condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 52,746 units in calendar 2023, up 0.7% year on year.」

「Against this backdrop, condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 47,065 units from January to November 2023, down 1.1% year on year. Condominium supply during the same period totaled 20,911 units, down 12.2% year on year, marking a decline for the second consecutive period. It is expected to fall short of the calendar 2023 forecast of 30,000 units and come to approximately 28,000 units.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 28,040 units in the first half of 2023, up 9.5% year on year. Condominium supply in the first half of 2023 totaled 10,502 units, down 17.4% year on year, continuing a declining trend for the second consecutive year.」

「Against this backdrop, condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 52,379 units in calendar 2022, up 4.8% year on year and substantially exceeding the initial forecast of 48,000 units.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 47,580 units from January to November 2022, up 3.0% year on year.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 25,617 units in the first half of 2022, down 10.6% year on year.」

「To describe the characteristics of our business, one feature is that our principal business areas are the Tokyo metropolitan area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, and Kyushu and surrounding areas.」

「Against this backdrop, condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 49,962 units in calendar 2021, down 7.3% year on year and below the forecast for calendar 2021.」

「Regarding trends in calendar 2022, although condominium construction starts are expected to decline slightly, condominium supply is expected to be approximately 34,000 units and sales inventory is expected to remain in the 5,000-unit range, both at roughly the same levels as in calendar 2021. In addition, inquiries remain brisk, and our share of the Tokyo metropolitan market is approximately 2%, leaving ample room for growth. Accordingly, we believe we can secure orders and projects for construction for the foreseeable future.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 28,670 units in the first half of 2021, up 5.8% year on year.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 53,913 units in calendar 2020, down 9.2% year on year, broadly in line with the forecast for calendar 2020, as starts in Saitama continued to rise substantially on growing demand for suburban projects.」

「Condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, totaled 27,094 units in the first half of 2020, a weak result representing an 11.8% year-on-year decline.」

「One feature is that our business areas are the Tokyo metropolitan area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, and Kyushu and surrounding areas.」

「In calendar 2019, condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, recovered to 59,406 units, up 7.6% year on year, despite rising land prices and intensifying competition to acquire sites for newly built condominiums.」

「In the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, the number of condominium construction starts from January to November 2019 recovered to 55,302 units, up 10.3% year on year. For calendar 2019, the number is expected to be approximately 59,000 units, exceeding the initial forecast of 57,000 units.」

「Against this backdrop, the number of condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 30,731 units in the first half of 2019, up 18.3% year on year, indicating a recovery trend.」

「The number of condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 55,195 units in calendar 2018, down 14.8% year on year and below the initial expectation of maintaining 60,000 units for 8 consecutive years. Factors included intensified competition among developers to acquire development sites, persistently high condominium prices and concerns over the consumption tax increase.」

「The number of condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 50,122 units from January through November 2018, down 17.4% year on year, a weak result reflecting intensified competition among developers to acquire development sites the previous year.」

「The number of condominium construction starts in the Tokyo metropolitan area, our main business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 25,980 units in the first half of 2018, down 34.7% year on year, a weak result reflecting the difficulty developers faced in acquiring development sites the previous year.」

「We newly opened a Kyushu branch in April 2018 and will promote our real estate business, centered on condominiums, in Kyushu and surrounding areas. We aim to further expand the scale of our business by expanding our business area.」

「The number of condominium construction starts in the Tokyo metropolitan area, our business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 56,279 units from January through October 2017, up 1.9% year on year. For the full year, the number is expected to remain in the 60,000-unit range for the seventh consecutive year.」

「The number of condominium construction starts in the Tokyo metropolitan area, our business area, comprising Tokyo, Kanagawa, Saitama and Chiba prefectures, was 39,770 units in the first half of 2017, up 6.3% year on year. For the full year, the number is expected to remain in the 60,000-unit range for the seventh consecutive year.」

「Following its longstanding business policy, the Company aims to establish a strong position in the condominium business in the Tokyo metropolitan area (one metropolis and three prefectures), become a company needed by all stakeholders and contribute to them.」

「Following its longstanding business policy, the Company aims to establish a strong position in the condominium business in the Tokyo metropolitan area (one metropolis and three prefectures), become a company needed by all stakeholders and contribute to them.」

「The Company’s business area is the Tokyo metropolitan area (Tokyo, Kanagawa, Saitama and Chiba). Because its current operating structure makes it difficult to cover a broad geographic area, the Company believes that limiting its business area enables it to obtain land information quickly and secure subcontractors offering strong cost performance.」