Komori
Banners (3011) · RiskRestated

High Prices, Low Yields and a Shortage of Investment Opportunities in the Income-Producing Real Estate Market

First written in FY2018. 14 of 17 entries say "Restated". Latest entry: 2026-06-07.

17entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2019RestatedFY2020-Q3 – FY2022-Q3RestatedFY2023-Q2 – 2026-06-072018: 220182019: 320192020: 220202021: 120212022: 320222023: 420232024: 020242025: 120252026: 12026
Same theme, other companies
Difficulty acquiring new properties that meet the benchmark yield and acquisition conditionsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-06-07RestatedGeneral Meeting of Shareholders

    「Going forward, we will continue to pursue the acquisition of high-quality properties that offer potential for locally rooted growth and asset value, taking real estate market conditions and interest-rate trends into consideration.」

    不動産市況・金利動向を考慮した慎重な優良物件取得方針を再確認している。
  2. FY2026-H1RestatedAnnual report

    「Going forward, we will continue to pursue the acquisition of high-quality properties that offer potential for locally rooted growth and asset value, taking real estate market conditions and interest-rate trends into consideration.」

    We continue to pursue a policy of carefully acquiring high-quality properties rooted in their local communities while taking real estate market conditions and interest-rate trends into account.
  3. FY2024-Q2RestatedAnnual report

    「In the real estate utilization business, we continued to redevelop existing properties in Honjo City, Saitama Prefecture, while actively considering new investment opportunities. Although no decision to acquire a property has been made as of the present time, we will continue to actively pursue the acquisition of high-quality properties with growth potential rooted in the local community and strong asset value, taking real estate market conditions and interest rate trends into account.」

    We continue to carefully consider property acquisitions in light of real estate market conditions and interest-rate trends. Although we considered multiple new investment opportunities, we did not reach a decision to acquire any of them.
  4. FY2024-Q1RestatedAnnual report

    「Although we have not reached a decision to acquire any properties at this time, we will continue to actively pursue the acquisition of high-quality properties that offer potential for locally rooted growth and asset value, taking real estate market conditions and interest-rate trends into consideration.」

    We continue to pursue a policy of considering the acquisition of high-quality rental properties while taking real estate market conditions and interest-rate trends into account. No acquisitions have been decided at this time.
  5. FY2023RestatedAnnual report

    「In the income-producing real estate market, prices remain high and yields low, and the shortage of suitable investment opportunities continues. This situation is expected to persist for some time.」

    The Company continues to recognise high prices, low yields and a shortage of suitable investment opportunities in the income-producing real estate market.
  6. FY2023-Q3RestatedAnnual report

    「In the real estate utilization business, we continued to redevelop existing properties in Honjo City, Saitama Prefecture, while considering several investment opportunities. Although none has resulted in a decision to acquire a property, we will continue to actively pursue the acquisition of high-quality properties with growth potential rooted in the local community and strong asset value.」

    Although we considered multiple income-producing real estate opportunities, we did not reach a decision to acquire any properties. We continue to carefully assess opportunities in light of market constraints such as high prices and low yields.
  7. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no new occurrences or material changes concerning business and other risks, including high prices, low yields and a shortage of investment opportunities in the income-producing real estate market.
  8. FY2023-Q1WorsenedAnnual report

    「We will continue to actively pursue the acquisition of rental properties with favorable terms, while closely monitoring fluctuations in construction-material prices, interest-rate trends and other factors.」

    In connection with the acquisition of income-producing real estate, fluctuations in construction-material prices and interest-rate trends are identified as factors to monitor in addition to the previous market conditions.
  9. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no new occurrences or material changes concerning business and other risks, including high prices, low yields and a shortage of investment opportunities in the income-producing real estate market.
  10. FY2021RestatedAnnual report

    「In the income-producing real estate market, prices remain high and yields low, and the shortage of suitable investment opportunities continues. This situation is expected to persist for some time.」

    The Company continues to recognise high prices, low yields and a shortage of suitable investment opportunities in the income-producing real estate market.
  11. FY2020RestatedAnnual report

    「In the income-producing real estate market, prices remain high and yields low, and the shortage of suitable investment opportunities continues. This situation is expected to persist for some time.」

    The Company continues to recognise high prices, low yields and a shortage of suitable investment opportunities in the income-producing real estate market.
  12. FY2020-Q3RestatedAnnual report

    「The real estate industry continues to face a difficult operating environment due to intensifying competition to acquire sites, rising construction prices and other factors. The Company will continue to actively pursue the acquisition of leased properties on favourable terms.」

    The Company continues to describe the difficult real estate market environment caused by intensifying competition to acquire sites and rising construction prices, and states that it is pursuing the acquisition of leased properties on favourable terms.
  13. FY2020-Q1WorsenedAnnual report

    「The real estate industry continues to face a difficult operating environment, with numerous concerns including intensifying competition to acquire sites and rising construction prices. In anticipation of real estate market conditions following the Tokyo Olympics, the Company will continue working to acquire new leased properties on favourable terms.」

    In addition to the high prices, low yields and shortage of opportunities in the existing income-producing real estate market, the Company cites intensifying competition to acquire sites and rising construction prices as concerns, and states that the difficult operating environment continues.
  14. FY2019RestatedAnnual report

    「In the income-producing real estate market, prices remain high and yields low, and the shortage of suitable investment opportunities continues. This situation is expected to persist for some time.」

    The Company continues to identify high prices, low yields and a shortage of suitable investment opportunities in the income-producing real estate market as constraints surrounding property acquisitions and earnings growth.
  15. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no new occurrences or material changes concerning business and other risks, including high prices, low yields and a shortage of investment opportunities in the income-producing real estate market.
  16. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no new occurrences or material changes concerning business and other risks, including high prices, low yields and a shortage of investment opportunities in the income-producing real estate market.
  17. FY2018First statedAnnual report

    「In the income-producing real estate market, prices remain high and yields low, and the shortage of suitable investment opportunities continues. This situation is expected to persist for some time.」

    The Company specifically identified rising prices, low yields and a shortage of suitable investment opportunities in income-producing real estate as market constraints surrounding property acquisitions and earnings growth.
Moved together

"Exposure to domestic economic conditions, overseas economies and foreign exchange fluctuations" moved the same way as this thread, in the same document, in 2 of its 17 moves.

2★1
  1. ★This thread
  2. 1Exposure to domestic economic conditions, overseas economies and foreign exchange fluctuations2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Banners's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the General Meeting of Shareholders of 2026-06-07: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.