Impact of soaring residential construction material costs caused by the wood shock on homebuilding consultation services
First written in FY2022. 2 of 6 entries say "Worsened", first in FY2024-Q1. Latest entry: FY2025.
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- FY2025DroppedAnnual reportThe main text for the fiscal year ending December 2025 does not explicitly identify the wood shock as an individual risk factor. It states, however, that visitor numbers at 家づくり学校 remained steady or exceeded expectations.
- FY2024ReframedAnnual report
「In 2024, the impact of COVID-19 eased and economic activity was on a recovery trend. However, the effects of the lumber shock and rising prices continued to pose challenges for the housing market and lifestyle-related sectors.」
The impact of the wood shock is described as an ongoing issue for the housing market and lifestyle-related businesses, together with inflation, rather than as individual effects such as postponed housing construction and fewer visitors. - FY2024-Q2WorsenedAnnual report
「In addition, in the homebuilding consultation and referral service within the lifestyle-related information business, the number of new visitors declined as more people postponed housing construction because of soaring material costs.」
The impact of soaring material costs has materialized in the form of more people postponing housing construction and fewer new visitors, leading to lower operating revenue from housing-related services. - FY2024-Q1WorsenedAnnual report
「Operating revenue from the homebuilding consultation and referral service in the lifestyle-related information business declined because the wood shock raised material costs and reduced the number of new visitors.」
The disclosure has progressed from the previous statement that the impact of the wood shock remained to a statement that operating revenue from the homebuilding consultation and referral service actually declined through higher material costs and fewer new visitors. - FY2023RestatedAnnual report
「However, the impact of the wood shock remains, and uncertainty in the housing market continues.」
The rise in housing construction material costs caused by the wood shock and uncertainty in the housing market continue. - FY2022First statedAnnual report
「The number of visitors to the homebuilding consultation and referral service is declining, mainly because of the rise in housing construction material costs caused by the wood shock.」
The company states that the rise in housing construction material costs caused by the wood shock has already emerged as a decline in visitors to the homebuilding consultation and referral service.