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Candeal (1446) · RiskMaterialised

Changes in housing demand before and after the consumption tax increase

First written in FY2018. 2 of 5 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2020.

5entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019RestatedFY2020-Q32018: 12019: 120192020: 32020
Same theme, other companies
Post-front-loading decline in domestic consumption and economic activity following a consumption tax rate hikeA theme 144 companies write about · 142 as a headwind · 2 as a tailwind

Candeal moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.

34 other companies' latest entry also says "Materialised".

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 144 companies compared. The sentences above are computed from all 144.
Full recordFilings, disclosures and news, newest first
  1. FY2020MaterialisedAnnual report

    「This was due to the consumption tax increase, the postponement or cancellation of construction projects caused by major typhoons and flooding, the continuing decline in new housing starts, the postponement or cancellation of projects involving commercial facilities such as stores and hotels in addition to housing due to the spread of COVID-19, and the impact of restrictions on sales activities under the state of emergency.」

    The implemented consumption tax increase is cited, together with the postponement or cancellation of construction projects and the decline in new housing starts, as a factor behind the decline in sales.
  2. FY2020-Q3RestatedAnnual report

    「The consumption tax increase implemented in October 2019」

    The implemented consumption tax increase continues to be disclosed as an economic-environment factor.
  3. FY2020-Q2MaterialisedAnnual report

    「The consumption tax increase implemented in October 2019」

    The consumption tax increase that had previously been scheduled has since been implemented and is now disclosed as a factor contributing to concerns about the economic outlook.
  4. FY2019DroppedAnnual report
    No specific disclosure concerning changes in housing demand before and after the consumption tax increase can be identified in the risk section for the current fiscal year.
  5. FY2018First statedAnnual report

    「The consumption tax increase was scheduled for October 2019, with the rate set to rise from the current 8% to 10%.」

    The company indicates that the increase in the consumption tax rate from 8% to 10% could bring forward demand before the tax increase and reduce demand afterward.
Moved together

"Decline in new housing starts" moved the same way as this thread, in the same document, in 2 of its 5 moves.

222★123
  1. ★This thread
  2. 1Decline in new housing starts2×
  3. 2Sluggish personal consumption and uncertainty about the outlook due to overseas political and economic factors2×
  4. 3Construction demand related to reconstruction, national resilience and the Tokyo Olympics2×

★ 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
Candeal's next results are scheduled for 2026-11-12. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.