Insufficient acquisition of suitable sites for smart-home development
First written in FY2020. 1 of 3 entries say "Worsened", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2026: 6 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To ensure the continued acquisition of such sites, the Group is working to secure sufficient sources of financing, securitize real estate using funds established by Group companies, and maintain networks within the real estate industry.」
Responses to the risk of acquiring suitable sites include securing financing sources, securitization through funds and maintaining networks in the real estate industry. - FY2021WorsenedAnnual report
「If this price surge continues, acquiring development sites could become difficult and affect the Group's operating results and financial position.」
Against the backdrop of price increases caused by the concentration of investment funds in residential real estate, the risk of difficulty acquiring sites for smart homes is specified. - FY2020First statedAnnual report
「It is essential to acquire high-value land meeting conditions such as sufficient size for condominium construction and accessibility on foot from a railway station. If the Group is unable to acquire sufficient land meeting these conditions, this could affect its operating results and financial position.」
The acquisition of land meeting the location and size requirements necessary for developments such as AIFLAT is identified as a risk.