Changes to or Noncompliance with Real Estate Laws and Regulations and Permit Requirements
First written in FY2020. 2 of 4 entries say "Materialised", first in FY2026-H1. Latest entry: 2026-05-12.
Landix moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2025: 7 of 27 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- 2026-05-12MaterialisedEarnings
「The number of new detached-home starts in the first quarter fell sharply, down 25.5% year on year, due to the impact of a rush to begin construction before the full enforcement of the revised Building Energy Efficiency Act and revised Building Standards Act in April 2025, and the decline has continued at a gradual pace since then.」
The reversal of the rush to begin construction before the legislative changes continued to appear in results as a decline in detached-home starts. - FY2026-H1MaterialisedAnnual report
「In particular, the number of housing starts for detached homes in the first quarter declined substantially, down 25.5% year on year, due to the impact of a rush to start construction before the full enforcement in April 2025 of the amended Building Energy Efficiency Act and amended Building Standards Act.」
The reversal following the rush to start construction ahead of the amended Building Energy Efficiency Act and Building Standards Act taking effect was reflected in an actual 25.5% year-on-year decline in detached-home housing starts. The risk of regulatory changes materialized as a specific market impact. - FY2025Expansion of the scope of laws and regulations to include the Construction Business ActAnnual report
「In conducting its business, the Group is subject to legal regulations under the Real Estate Brokerage Act, Building Standards Act, City Planning Act, Construction Business Act, National Land Use Planning Act and other laws and regulations.」
The Construction Business Act was expressly added to the existing real estate-related laws and regulations, reflecting a business mix that includes direct contracting and construction of custom-built homes and other properties. - FY2020First statedAnnual report
「If these relevant laws and regulations are amended or abolished in the future, if new legal regulations are introduced, or if the Group fails to comply with these laws and regulations, this may materially affect the Group's operating results and financial position.」
The disclosure covered regulatory and licensing risks under the Real Estate Brokerage Act, Building Standards Act, City Planning Act and other laws and regulations. It also stated that no grounds for license revocation had arisen at present.