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Lib Work (1431) · RiskWorsened

Intensifying Competition in the Housing Industry

First written in FY2016. 7 of 9 entries say "Worsened", first in FY2022. Latest entry: 2026-08-21.

9entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017WorsenedFY2022 – 2026-08-212016: 12017: 120172018: 020182019: 020192020: 020202021: 020212022: 120222023: 220232024: 220242025: 020252026: 22026
Same theme, other companies
Intensifying competition from competitors and new entrantsA theme 583 companies write about · 607 as a headwind · 0 as a tailwind

Lib Work moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).

The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.

27 other companies' latest entry also says "Worsened".

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 192 companies compared. The sentences above are computed from all 192.Comparing 200 of the theme's 607 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024WorsenedAnnual report

    「In the housing industry, competition among companies is intensifying as demand for detached homes declines. In addition, soaring housing-material prices due to inflation and the weak yen, as well as higher labor costs, could affect profit.」

    The company explicitly identifies intensifying competition against a backdrop of declining demand for detached homes, while also noting the potential impact on profit from higher material and labor costs.
  2. FY2024-Q3WorsenedAnnual report

    「Meanwhile, in the subdivision housing industry, deteriorating market conditions have led to an increase in completed inventory in Kanagawa Prefecture, while competitors have continued to make substantial price adjustments to sell this inventory quickly. Takue Home, which sells subdivision homes within our group, has been affected by this in its sales activities.」

    The company explains that the increase in completed inventory in Kanagawa Prefecture and continued substantial price adjustments by competitors have affected Takue Home's sales activities.
  3. FY2023WorsenedAnnual report

    「In the housing industry, the surge in demand for detached homes during the COVID-19 pandemic has leveled off, and competition among companies is intensifying.」

    The company states that the surge in demand for detached homes during the COVID-19 pandemic has leveled off and that competition among companies is intensifying.
  4. FY2023-Q3WorsenedAnnual report

    「In addition to intensifying competition under these difficult conditions, higher costs put pressure on profit because the company had a large order backlog for major housing developments that had already been contracted with customers before costs rose.」

    The company explains that price increases for building materials and higher costs are contributing to intensified competition, making the severity of the competitive environment more concrete.
  5. FY2022WorsenedAnnual report

    「However, higher selling prices resulting from soaring housing-material prices are expected to adversely affect orders and building costs, further intensifying competition among companies.」

    The company makes its recognition of the risk more specific, stating that higher selling prices due to soaring housing-material prices will adversely affect orders and building costs, with competition expected to intensify.
  6. FY2017RestatedAnnual report

    「Although the housing industry has barriers to new entrants, such as the licenses and permits required to operate, it has many competitors of varying sizes, ranging from major house builders to individual operators, and competition is tending to intensify further.」

    The company reiterates the risk of intensifying competition in the housing industry and its response through cost reductions, quality improvements and product development.
  7. FY2016First statedAnnual report

    「Although the housing industry has barriers to new entrants, such as the licenses and permits required to operate, it has many competitors of varying sizes, ranging from major house builders to individual operators, and competition is tending to intensify further.」

    The company identifies quality improvements and product development funded by cost reductions as measures to address competition.
Moved together

"Housing Market Contraction Due to the Declining Birthrate, Aging Population and Fewer Households" moved the same way as this thread, in the same document, in 6 of its 9 moves.

665433★123456
  1. ★This thread
  2. 1Housing Market Contraction Due to the Declining Birthrate, Aging Population and Fewer Households6×
  3. 2Rising Raw Material and Construction Material Costs6×
  4. 3Accumulation of Completed Inventory and Impairment Losses on Property for Sale5×
  5. 4Guarantees for Bridge Loans Pending Mortgage Execution4×
  6. 5Concentration of Handover Deliveries at Year-End and Fiscal Year-End3×
  7. 6Transformation Into a Detached-Housing Platform and High-Growth Plan Under "NEXT STAGE 2023"3×

★ 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
No upcoming earnings preview for Lib Work yet. It last moved in the Management Planning of 2026-08-21: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Intensifying Competition in the Housing Industry | Lib Work Co.,Ltd. (1431) | Komori