Stagnant Sales of Vacation-Home Subdivisions and Prolonged Cash Recovery
First written in FY2016. 14 of 23 entries say "Mitigated", first in FY2017-Q1. Latest entry: 2026-08-05.
The whole theme swung hardest in 2026: 20 of 35 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- 2026-08-05MaterialisedEarnings presentation
「Operating revenue declined in the vacation-home site management business and other operations because sales of subdivided real estate and other properties fell below the previous year's level.」
Sales of subdivided real estate and other properties fell below the previous year's level, resulting in lower revenue in the real estate business. - FY2026RestatedAnnual report
「The carrying amount of subdivided land was ¥1,004 million at the end of the consolidated fiscal year. If sales were to stagnate due to sluggish real estate market conditions or other factors,」
The carrying amount of the resort subdivision land was disclosed as ¥1,004 million, and the risk of prolonged cash recovery due to sluggish sales remains. - 2026-05-13MitigatedEarnings presentation
「Operating revenue remained firm, supported by sales of vacation-home development sites and large-scale renovation work, but operating income declined because the increase in costs and expenses could not be covered.」
Sales of vacation-home development sites remained firm, and the impact of the sales slowdown that emerged in the previous interim period eased over the full year. However, higher costs and expenses continued to weigh on earnings. - FY2026-H1MaterialisedAnnual report
「Revenue from the vacation-home subdivision management business declined due to the knock-on effect of the previous fiscal year's strong performance.」
Sales of resort subdivision lots declined from the previous period due to the backlash from the prior period, and the impact of the risk of sluggish sales became evident in the results for the interim period. - FY2025MitigatedAnnual report
「Lot sales and the tenant leasing business in the vacation-home subdivision management business performed strongly.」
Lot sales in vacation-home subdivisions and tenant leasing performed strongly, indicating mitigation of the risks of stagnant sales and prolonged collection of funds. - FY2025-H1MitigatedAnnual report
「Lot sales in the vacation-home subdivision management business and the tenant leasing business both performed strongly.」
Lot sales in vacation-home subdivisions and tenant leasing performed strongly, indicating mitigation of the risks of stagnant sales and prolonged collection of funds. - FY2022MitigatedAnnual report
「In the vacation-home subdivision management business, lot sales and orders for vacation-home construction in the Tateshina Kogen vacation-home subdivision in Chino and the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura remained solid, supported by demand for relocation from metropolitan areas and the spread of remote work.」
Lot sales and orders for vacation-home construction remained solid against a backdrop of demand for relocation from metropolitan areas and remote work, mitigating the risk of stagnant sales. - FY2022-Q3MitigatedAnnual report
「Revenue increased in connection with contracts concluded for multiple projects in the vacation-home subdivision business.」
In response to weak lot sales that had continued from the previous fiscal year, contracts were concluded for multiple projects and revenue increased in the vacation-home subdivision business. This indicates mitigation of the risk of stagnant sales. - FY2021-Q1MaterialisedAnnual report
「In the vacation-home subdivision management business, sales of new subdivisions remained sluggish because sales activities were voluntarily suspended due to the spread of an infectious disease.」
For the previously identified risk of stagnant sales, the voluntary suspension of sales activities due to the spread of an infectious disease was reflected in weak new subdivision sales in first-quarter results. - FY2020MaterialisedAnnual report
「In the vacation-home subdivision management business, orders for lot sales in the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture, and renovation work on buildings in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture, remained sluggish.」
Orders for lot sales, renovation work, and other projects remained sluggish, and the risks of stagnant sales and prolonged collection of funds were reflected in results. - FY2020-Q3MaterialisedAnnual report
「In the vacation-home subdivision management business, revenue declined due to a decrease in the number of lots sold in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture, and the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture, as well as a decrease in orders for vacation-home construction and other projects.」
The number of lots sold and orders for vacation-home construction declined in the 2 vacation-home subdivisions, and the risk of stagnant sales was reflected in lower revenue. - FY2020-Q2MaterialisedAnnual report
「In the vacation-home subdivision management business, revenue declined due to sluggish lot sales in the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture, and a decrease in orders for site preparation work and other projects in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture.」
Lot sales in Shiki-no-Mori and orders for site preparation work and other projects in the Tateshina Kogen vacation-home subdivision remained sluggish, and the risk of stagnant sales was reflected in results. - FY2020-Q1MaterialisedAnnual report
「In the vacation-home subdivision management business, orders for lot sales in the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture, and renovation work on buildings in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture, remained sluggish.」
Lot sales in Shiki-no-Mori and orders for renovation work on buildings in the Tateshina Kogen vacation-home subdivision remained sluggish, and the risk of stagnant sales was reflected in results for the quarter. - FY2019MitigatedAnnual report
「The number of contracts for lot sales increased in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture, and the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture, and revenue from new lot sales was recorded, in addition to」
The number of contracts increased in the 2 subdivisions, and revenue from new lot sales was also recorded. The carrying amount of land for sale also declined to ¥1,440.263 million. - FY2019-Q3MitigatedAnnual report
「In the vacation-home subdivision management business, the number of contracts for lot sales increased in the Tateshina Kogen vacation-home subdivision in Chino, Nagano Prefecture, and the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision in Haramura, Nagano Prefecture.」
The number of contracts increased in the Tateshina Kogen and Shiki-no-Mori subdivisions, continuing to indicate mitigation of the risk of stagnant sales. - FY2019-Q2MitigatedAnnual report
「In the vacation-home subdivision management business, lot sales in the Yatsugatake Chuo Kogen Shiki-no-Mori subdivision proceeded strongly.」
Strong lot sales in the Shiki-no-Mori subdivision continued to indicate mitigation of the risk of stagnant sales and prolonged collection of funds for vacation-home subdivisions. - FY2019-Q1MitigatedAnnual report
「In the vacation-home subdivision management business, lot sales in the Shiki-no-Mori subdivision in Haramura proceeded steadily, while revenue from renovation work on existing vacation homes and landscaping contracts in the Tateshina area also increased.」
Steady lot sales and increased revenue from renovation work on existing vacation homes and landscaping contracts continued to indicate mitigation of the risk of stagnant sales. - FY2018MitigatedAnnual report
「In the Tateshina-area vacation-home subdivision management business, the Company recorded sales of new lots, while revenue from renovation work on existing vacation homes and landscaping contracts increased.」
In addition to new lot sales, revenue from renovation work on vacation homes and landscaping contracts increased, indicating mitigation of the risk of stagnant sales and prolonged collection of funds. - FY2018-Q3MitigatedAnnual report
「In the Tateshina-area vacation-home subdivision management business, revenue from lot sales, renovation work on vacation homes, and landscaping contracts increased, although」
Increased revenue from lot sales, renovation work on vacation homes, and landscaping contracts indicates mitigation of the risk of stagnant sales and prolonged collection of funds for vacation-home subdivisions. - FY2017MitigatedAnnual report
「In the Tateshina-area vacation-home subdivision management business, sales of lots in the Mongaku-daira subdivision and orders for renovation work for vacation-home owners remained solid, although」
Lot sales and orders for renovations for owners remained solid, continuing to indicate improvement in the risk of stagnant sales and prolonged collection of funds. - FY2017-Q2MitigatedAnnual report
「In the Tateshina-area vacation-home subdivision management business, sales of lots in the Mongaku-daira subdivision progressed steadily, while revenue from construction services increased as a result of renovation and landscaping proposals made to vacation-home owners.」
Steady lot sales and increased construction services revenue indicate mitigation of the risk of stagnant sales and prolonged collection of funds. - FY2017-Q1MitigatedAnnual report
「In the Tateshina-area vacation-home subdivision management business, sales of lots in new subdivisions progressed, in addition to」
The disclosure states that sales of lots in new subdivisions progressed, indicating an improvement in the risk of stagnant sales. - FY2016First statedAnnual report
「The carrying amount of land for sale was ¥1,566,861 thousand at the end of the consolidated fiscal year. If sales stagnate due to the recent weakness in real estate market conditions, the use of working capital may be adversely affected.」
The carrying amount of land for sale is disclosed, along with the potential impact of weak real estate market conditions and stagnant sales on working capital.