Impact of Natural Disasters on Listed Properties, Brokerage Timelines and Profitability
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: FY2026.
Tsukuruba moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2020: 2 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The real estate for which the Group receives orders for brokerage, purchase and resale, and renovation work is located mainly in the Tokyo metropolitan area. If a major earthquake, storm or flood, or other natural disaster occurs in the Tokyo metropolitan area, property damage, stalled transactions and suspended construction could occur simultaneously, and the resulting widespread damage could affect the Group’s business, performance and financial condition.」
The natural disaster risk has been reorganized from a focus on the suspension of brokerage and price declines for listed properties to a Group-wide risk that also includes concentration in operating areas, purchase and resale, and interruptions to renovation work. - FY2024RestatedAnnual report
「If a large-scale natural disaster such as an earthquake, fire or flood occurs in these areas, the company's group operating results and financial condition could be affected by the suspension of brokerage services for listed properties, changes to brokerage schedules, lower profitability due to declines in real estate prices and other factors.」
For the cowcamo business, which is concentrated in the Tokyo metropolitan area, the company continues to disclose the risks of brokerage suspensions, schedule changes and price declines caused by natural disasters. - FY2024-Q2WorsenedAnnual report
「Sufficient attention must also be paid to the impact of the 2024 Noto Peninsula Earthquake.」
The company explicitly identified the 2024 Noto Peninsula Earthquake as a new natural disaster event requiring attention. No specific impact on its business or resulting losses were described. - FY2023RestatedAnnual report
「If a major natural disaster such as an earthquake, fire or flood occurs in these areas, our operating results and financial position may be affected by the suspension of brokerage for listed properties, changes to brokerage schedules and lower profitability resulting from falling real estate prices.」
For the cowcamo business, which is concentrated in the Tokyo metropolitan area, the company continues to disclose the risks of brokerage suspensions, schedule changes and price declines caused by natural disasters. - FY2021RestatedAnnual report
「If a major natural disaster such as an earthquake, fire or flood occurs in these areas, our operating results and financial position may be affected by the suspension of brokerage for listed properties, changes to brokerage schedules and lower profitability resulting from falling real estate prices.」
For the cowcamo business, which is concentrated in the Tokyo metropolitan area, the company continues to disclose the risks of brokerage suspensions, schedule changes and price declines caused by natural disasters. - FY2020First statedAnnual report
「If a major natural disaster such as an earthquake, fire or flood occurs in these areas, our operating results and financial position may be affected by the suspension of brokerage for listed properties, changes to brokerage schedules and lower profitability resulting from falling real estate prices.」
The company newly identified natural-disaster risk for the cowcamo business, which is concentrated in the Greater Tokyo Area.