Komori
Lib Work (1431) · FactThree consecutive years of decline, with the decline accelerating

Flat Housing Starts for Owner-Occupied Homes Nationwide

First written in FY2017-Q3. 2 of 34 entries say "Restated". Latest entry: FY2026.

34entries
10years
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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY20262017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Decline in orders due to the shrinking housing market and fluctuations in housing demandA theme 64 companies write about · 66 as a headwind · 3 as a tailwind

The whole theme swung hardest in 2020: 36 of 51 companies on the "Worse" side.

5 other companies' latest entry also says "Other".

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 64 companies compared. The sentences above are computed from all 64.
Full recordFilings, disclosures and news, newest first
  1. FY2026Three consecutive years of decline, with the decline acceleratingAnnual report

    「New housing starts in 2025 totaled 740,667 units, down 6.5% year on year and marking the third consecutive annual decline. The housing market remained generally soft.」

    Nationwide new housing starts declined for the third consecutive year, falling 6.5% year on year in 2025.
  2. 2026-08-13OtherRevision of earnings forecasts

    「New housing starts in 2025 totaled 740,667 units, down 6.5% year on year and marking the third consecutive annual decline. The housing market remained generally soft.」

    The company reported a 6.5% year-on-year decline in nationwide new housing starts, the third consecutive annual decline, confirming softness in the housing market.
  3. FY2025Full-year decline continued, but the rate of decline narrowedAnnual report

    「According to figures released by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts from July 2024 through June 2025 totalled 210,348 units, down 3% year on year.」

    Nationwide owner-occupied housing starts totaled 210,348, down 3% year on year. The downward trend continued, but the decrease narrowed from the 13% year-on-year decline in the previous period.
  4. FY2025-H1Nationwide owner-occupied housing starts increased for the first time in 35 monthsAnnual report

    「Nationwide new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism increased 9.0% year on year in October 2024, marking the first increase in 35 months. Starts then increased 11.1% year on year in November and 4.3% in December, marking 3 consecutive months of growth.」

    Nationwide new housing starts for owner-occupied homes turned from the previous continuing decline to year-on-year growth for 3 consecutive months from October 2024.
  5. FY2024The full-year decline changed to 10%Annual report

    「According to new housing starts nationwide for owner-occupied homes announced by the Ministry of Land, Infrastructure, Transport and Tourism for July 2023 through June 2024, there were 216,164 starts, down 10% year on year.」

    Nationwide new housing starts for owner-occupied homes totaled 216,164 for the full year, down 10% year on year. The downward trend continued, but the decrease narrowed from the 13% year-on-year decline in the previous period.
  6. FY2024-Q3The period of decline extended to 28 consecutive monthsAnnual report

    「According to nationwide new owner-occupied housing starts released by the Ministry of Land, Infrastructure, Transport and Tourism, starts fell 11.0% year on year in January 2024, 11.2% in February and 4.8% in March, marking 28 consecutive months of decline.」

    The period of decline in nationwide new housing starts for owner-occupied homes extended from 25 consecutive months to 28 consecutive months, with starts also declining year on year from January through March 2024.
  7. FY2024-Q2The period of decline extended to 25 consecutive monthsAnnual report

    「According to nationwide new owner-occupied housing starts released by the Ministry of Land, Infrastructure, Transport and Tourism, starts fell 17.2% year on year in October 2023, 17.3% in November and 13.8% in December, marking 25 consecutive months of decline.」

    Nationwide owner-occupied housing starts continued to decline year on year from October through December 2023, extending the period of decline from 22 consecutive months to 25 consecutive months.
  8. FY2024-Q1The period of decline extended to 22 consecutive monthsAnnual report

    「According to nationwide new owner-occupied housing starts released by the Ministry of Land, Infrastructure, Transport and Tourism, starts fell 7.8% year on year in July 2023, 5.9% in August and 12.2% in September, marking 22 consecutive months of decline.」

    Nationwide owner-occupied housing starts continued to decline year on year from July through September 2023, bringing the period of decline to 22 consecutive months.
  9. FY2023Full-year decline worsened to 13%Annual report

    「According to new housing starts nationwide for owner-occupied homes announced by the Ministry of Land, Infrastructure, Transport and Tourism for July 2022 through June 2023, there were 240,312 starts, down 13% year on year.」

    Nationwide new housing starts for owner-occupied homes totaled 240,312 in the fiscal year ended June 2023, down 13% year on year.
  10. FY2023-Q3Continued decline, with the decrease widening in MarchAnnual report

    「Nationwide new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism were down 8.3% year on year in January 2023, down 4.6% in February, and down 13.6% in March.」

    Nationwide owner-occupied housing starts declined year on year for 3 consecutive months from January through March 2023, with the decrease widening to 13.6% in March. The period of decline extended further from the previous 13 consecutive months.
  11. FY2023-Q2The period of decline extended to 13 consecutive monthsAnnual report

    「According to nationwide new owner-occupied housing starts released by the Ministry of Land, Infrastructure, Transport and Tourism, starts fell 18.7% year on year in October 2022, 15.1% in November and 13% in December, marking 13 consecutive months of decline.」

    Nationwide owner-occupied housing starts declined by double digits from October through December, extending the period of decline from the previous 10 consecutive months to 13 consecutive months.
  12. FY2023-Q1Continued decline in nationwide owner-occupied housing starts, reaching 10 consecutive monthsAnnual report

    「According to nationwide new owner-occupied housing starts released by the Ministry of Land, Infrastructure, Transport and Tourism, starts fell 14.1% year on year in July 2022, 11.2% in August and 13.3% in September, marking 10 consecutive months of decline.」

    Nationwide owner-occupied housing starts declined year on year for 3 consecutive months from July through September, bringing the period of decline to 10 consecutive months.
  13. FY2022Full-year growth was slight, but the trend weakenedAnnual report

    「According to new housing starts nationwide for owner-occupied homes announced by the Ministry of Land, Infrastructure, Transport and Tourism for July 2021 through June 2022, there were 274,895 starts, up 1.6% year on year, while the trend weakened with declines continuing for 7 consecutive months.」

    Nationwide owner-occupied housing starts increased 1.6% year on year for the full year, while the company described the trend as weakening, with declines continuing for 7 consecutive months, presenting both slight full-year growth and recent weakness.
  14. FY2022-Q3Nationwide owner-occupied housing starts turned to a declineAnnual report

    「Nationwide new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism were down 5.6% year on year in January 2022, down 5.6% in February, and down 9.4% in March.」

    Following year-on-year growth and a flat trend in the previous period, nationwide owner-occupied housing starts declined year on year for 3 consecutive months from January through March 2022.
  15. FY2022-Q2Changed from an upward trend to broadly flatAnnual report

    「The detached housing industry in which the company operates has remained broadly flat. According to nationwide new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism, starts were up 16.6% year on year in October 2021, up 5.5% in November, and down 0.4% in December.」

    Nationwide owner-occupied housing starts increased in October and November but declined 0.4% in December, and the company’s assessment changed from the previous quarter’s upward trend to broadly flat.
  16. FY2022-Q1Changed from a decline to a substantial increaseAnnual report

    「Nationwide new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism were up 14.8% year on year in July 2021, up 14.5% in August, and up 14.9% in September.」

    Nationwide owner-occupied housing starts rose 14% year on year from July through September 2021, compared with a 0.6% increase in the previous consolidated fiscal year.
  17. FY2021Changed from a decline to slight growthAnnual report

    「According to new housing starts nationwide for owner-occupied homes announced by the Ministry of Land, Infrastructure, Transport and Tourism for July 2020 through June 2021, there were 270,647 starts, up 0.6% year on year.」

    Nationwide owner-occupied housing starts changed from an 8.7% year-on-year decline in the fiscal year ended June 2020 to a 0.6% year-on-year increase in the fiscal year ended June 2021.
  18. FY2021-Q3Changed from a decline to slight growth and a flat trendAnnual report

    「In the housing industry, new housing starts for owner-occupied homes have remained broadly flat. According to nationwide data published by the Ministry of Land, Infrastructure, Transport and Tourism, starts were up 6.4% year on year in January 2021, up 4.3% in February, and up 0.1% in March.」

    Nationwide owner-occupied housing starts changed from a continued year-on-year decline through the previous year to 3 consecutive months of year-on-year growth from January through March 2021. However, the company described the trend as broadly flat.
  19. FY2021-Q2Changed from a decline to mixed increases and decreasesAnnual report

    「According to nationwide new housing starts (owner-occupied homes) published by the Ministry of Land, Infrastructure, Transport and Tourism, starts were down 6.1% year on year in October 2020, up 1.5% in November, and up 2.4% in December.」

    Nationwide owner-occupied housing starts declined in October but increased in November and December, changing from a continued decline to a mixed pattern of increases and decreases.
  20. FY2021-Q1Continued DeclineAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts decreased 13.6% year on year in July 2020, 8.8% in August and 7.0% in September.」

    Nationwide owner-occupied housing starts declined year on year for 3 consecutive months from July through September 2020.
  21. FY2020Sharp full-year declineAnnual report

    「According to figures released by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts from July 2019 to June 2020 totaled 269,043 units, down 8.7% year on year.」

    Nationwide new owner-occupied housing starts decreased from 294,608 units in the previous fiscal year to 269,043 units, down 8.7% year on year. The trend changed clearly from the previous increases and broadly flat conditions to a decline.
  22. FY2020-Q3Decline narrowed after a sharp dropAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts decreased 13.8% year on year in January 2020, 11.1% in February and 0.3% in March.」

    Nationwide owner-occupied housing starts declined year on year for 3 consecutive months. January and February posted double-digit declines, while the decline narrowed to 0.3% in March.
  23. FY2020-Q2Declines widenedAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts decreased 5.6% year on year in October 2019, 7.3% in November and 8.7% in December.」

    Nationwide new owner-occupied housing starts declined year on year for 3 consecutive months from October through December, with the decline widening from 5.6% to 7.3% and 8.7%.
  24. FY2020-Q1Changed from an increase to mixed increases and decreasesAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts increased 3.3% year on year in July 2019, then decreased 1.6% in August and 3.5% in September.」

    Nationwide owner-occupied housing starts changed from an increase in July to declines in August and September, resulting in a mixed trend after 6 consecutive months of growth and a full-year increase in the previous period.
  25. FY2019Full-year year-on-year increase confirmedAnnual report

    「According to figures released by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts from July 2018 to June 2019 totaled 294,608 units, up 5.1% year on year.」

    Nationwide new owner-occupied housing starts totaled 294,608 units from July 2018 to June 2019, up 5.1% year on year. The monthly trend of 6 consecutive months of growth identified previously was also reflected as a full-year increase.
  26. FY2019-Q3Changed to an increase for 6 consecutive monthsAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts increased 3.3% year on year in January 2019, 9.9% in February and 8.9% in March, marking 6 consecutive months of growth.」

    For nationwide new owner-occupied housing starts, the trend changed from the previously described broadly flat or weak conditions to increases from January through March and growth for 6 consecutive months.
  27. FY2019-Q2Broadly flat trend continues (increased for 3 consecutive months)Annual report

    「In the housing industry, low-interest-rate home loans under the negative interest rate policy and government measures supporting home purchases continued, but nationwide owner-occupied housing starts remained broadly flat. According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts increased 4.6% year on year in October 2018, 2.5% in November and 4.8% in December.」

    Nationwide new owner-occupied housing starts increased year on year from October through December, but the company describes the trend as broadly flat.
  28. FY2019-Q1Changed from a decline to broadly flatAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts increased 0.3% year on year in July 2018, 0.2% in August and decreased 0.04% in September, remaining broadly flat.」

    Nationwide new owner-occupied housing starts changed from a year-on-year declining trend through the previous quarter to a broadly flat trend in the current quarter, with slight increases and decreases.
  29. FY2018Full-year decline confirmedAnnual report

    「According to figures released by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts from July 2017 to June 2018 decreased to 280,237 units, down 3.8% year on year.」

    For nationwide new owner-occupied housing starts, the company confirms a full-year decline to 280,237 units, down 3.8% year on year, following the monthly weakening trend.
  30. FY2018-Q3RestatedAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts increased 0.1% year on year in January 2018, then decreased 6.1% in February and 4.2% in March.」

    Nationwide new owner-occupied housing starts edged up in January but declined in February and March, reconfirming the weak trend that had continued from the previous quarter.
  31. FY2018-Q2RestatedAnnual report

    「According to figures published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts decreased 4.8% year on year in October 2017, 4.2% in November and 2.5% in December.」

    Nationwide new owner-occupied housing starts declined year on year for 3 consecutive months from October through December, extending the downward trend from the previous quarter.
  32. FY2018-Q1Changed from a slight increase to a declineAnnual report

    「According to the number of new owner-occupied housing starts published by the Ministry of Land, Infrastructure, Transport and Tourism, starts decreased 5.7% year on year in July 2017, 7.4% in August and 2.7% in September.」

    The description changed from a slight full-year increase of 1.9% year on year to declines in each of the 3 months from July through September 2017.
  33. FY2017Changed from flat to a slight increaseAnnual report

    「According to figures released by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide new owner-occupied housing starts from July 2016 to June 2017 edged up to 291,404 units, an increase of 1.9% year on year.」

    The description changed from “broadly flat” for January–March 2017 to a slight full-year increase of 1.9% year on year.
  34. FY2017-Q3First statedAnnual report

    「In the housing industry, according to the number of new housing starts for owner-occupied homes published by the Ministry of Land, Infrastructure, Transport and Tourism, nationwide starts decreased 0.2% year on year in January 2017, increased 1.6% in February and decreased 3.6% in March, remaining broadly flat.」

    For nationwide new owner-occupied housing starts, the company reports year-on-year changes from January through March 2017 and describes the trend as broadly flat.
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