Inflation and an uncertain business environment driven by soaring energy and raw material prices
First written in FY2023-Q3. 6 of 15 entries say "Materialised", first in 2026-05-13. Latest entry: 2026-11-12.
Choei moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 51 of 73 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Against this backdrop, we focused on sales activities to win property management contracts, increasing the number of managed units, excluding the Company’s own properties, by 744 from the end of the previous fiscal year. We also proceeded with property acquisitions, increasing the number of properties owned by the Company by 748 from the end of the previous fiscal year. At the same time, we recorded retirement allowances in connection with the retirement of an officer, and interest expenses increased due to higher borrowing costs.」
Higher borrowing costs emerged as an actual expense burden through increased interest expenses. The cost burden continues to rise alongside soaring construction and labor costs. - FY2026-H1WorsenedAnnual report
「In the real estate industry in which the company operates, strong demand, particularly in urban areas, has continued, and rents for rental properties have continued to rise across a broad range of areas. On the other hand, in addition to soaring construction and labor costs, borrowing rates have continued to rise against the backdrop of higher policy rates, and the cost burden is trending upward.」
It states that while strong demand and rising rents continue, construction, labor and borrowing costs also continue to rise, with the cost burden trending higher. - FY2025-H1RestatedAnnual report
「During the interim accounting period, the Japanese economy continued to grow steadily as employment and income conditions improved, although signs of stagnation emerged in consumption amid rising prices and interest rates. The company remains in a situation requiring continued close monitoring of the impact of rising wages and prices, developments in interest-rate policy, and downward pressure on the Japanese economy from concerns about the outlook for overseas economies.」
The company continues to closely monitor rising prices and interest rates, interest-rate policy and concerns about the outlook for overseas economies as factors contributing to uncertainty in the economic environment. It also noted signs of stagnation due to subdued consumer sentiment. - FY2024WorsenedAnnual report
「The company expects demand for rental apartments and monthly apartments to increase as economic activity normalizes and the 2025 Osaka-Kansai Expo is held. On the other hand, various expenses are expected to remain elevated due to soaring material and energy prices. In addition, a gradual rise in interest rates is expected following the Bank of Japan’s lifting of its negative interest rate policy.」
Alongside the outlook for higher demand, the company has highlighted persistently high expenses due to material and energy prices and the expected rise in interest rates following the lifting of the negative interest rate policy, indicating a broader range of uncertainties in the business environment. - FY2024-Q3RestatedAnnual report
「Meanwhile, the company remains in a situation requiring continued close monitoring of downward pressure on the Japanese economy from a slowdown in the pace of overseas economic recovery, as well as rising prices and wages and developments in monetary policy.」
The company will continue to closely monitor the slowdown in the pace of overseas economic recovery, rising prices and wages, and developments in monetary policy as factors contributing to uncertainty in the economic environment. - FY2024-Q2RestatedAnnual report
「Meanwhile, economic conditions remain uncertain, including due to high inflation and interest-rate trends arising from the Bank of Japan’s monetary policy.」
The company continues to identify high inflation and interest-rate trends arising from the Bank of Japan’s monetary policy as factors contributing to uncertainty in the economic environment. - FY2023RestatedAnnual report
「Higher energy prices are expected to increase various expenses, including utilities.」
The company has reconfirmed that higher utilities and other expenses due to soaring energy prices are a business-environment issue requiring priority attention. - FY2023-Q3First statedAnnual report
「With concerns about a resurgence of the infection and rising prices due to soaring energy and raw material costs, there were also uncertain factors regarding future developments.」
The company identified concerns about a resurgence of COVID-19, along with soaring energy and raw material prices and inflation, as uncertain factors in the future business environment.