Real Estate, Construction, Finance and Condominium Management Regulations
First written in FY2016. 3 of 8 entries say "Worsened", first in FY2021. Latest entry: FY2026.
Urbanet Corporation moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 2 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group’s businesses are subject to legal regulation under the Construction Business Act, the Architects Act, the Building Lots and Buildings Transaction Business Act, the Financial Instruments and Exchange Act, the Act on Promotion of Proper Condominium Management, the Act on Optimization of Lodging House Management, the Hotel Business Act, the Public Bathhouse Act, the Hot Springs Act and other laws.」
Reflecting the construction business of ケーナイン and other operations, the Group continues to broadly disclose regulations covering real estate, construction, property management and hotels, including the Construction Business Act. - FY2024WorsenedAnnual report
「The Group's businesses require the following licenses, permits and other authorizations in conducting its business activities.」
Following the acquisition of ケーナイン as a subsidiary, the scope of applicable regulations, licenses and permits has expanded to include registration as a first-class architect's office, a real estate brokerage license, registration as a condominium management company and a specified construction business license. - FY2023RestatedAnnual report
「The Group's businesses are subject to legal regulations under the Architect Act, Real Estate Brokerage Act, Financial Instruments and Exchange Act, Act on Advancement of Proper Condominium Management, Act on Proper Management of Rental Housing, Hotel Business Act, Public Bathhouse Act, Hot Springs Act and other laws.」
Continues to disclose the scope of legal regulations related to the real estate, rental property management and hotel businesses. - FY2022Additional applicable regulationsAnnual report
「The Group's businesses are subject to legal regulations under the Architect Act, Real Estate Brokerage Act, Financial Instruments and Exchange Act, Act on Advancement of Proper Condominium Management, Act on Proper Management of Rental Housing, Hotel Business Act, Public Bathhouse Act, Hot Springs Act and other laws.」
In addition to hotel-related regulations, lists the Act on Proper Management of Rental Housing as an applicable regulation, broadening the scope of legal regulations associated with the business areas. - FY2021WorsenedAnnual report
「The Group's businesses are subject to legal regulations under the Architect Act, Real Estate Brokerage Act, Financial Instruments and Exchange Act, Act on Advancement of Proper Condominium Management, Hotel Business Act, Public Bathhouse Act, Hot Springs Act and other laws.」
With the entry into the hotel business, newly lists the Hotel Business Act, Public Bathhouse Act, Hot Springs Act and other applicable regulations. It also specifies the risk of licenses being revoked or lapsing upon renewal or due to disqualification. - FY2018MitigatedAnnual report
「Because the Group develops products in accordance with these ordinances and other regulations, it recognizes that, at present, these regulations are unlikely to affect its businesses. However, if local governments further strengthen such regulations, they may affect the Group's businesses.」
States that the Group develops products in accordance with ordinances governing studio apartments and that the likelihood of an impact is currently low. - FY2017Specific regulatory risksAnnual report
「In recent years, ordinances and other regulations governing the construction of studio apartment buildings have been enacted, primarily in Tokyo's special wards. These include raising the minimum dwelling-unit size to 25 square meters or more, requiring the provision of dwelling units above a specified size, and introducing a tax on small-unit apartment buildings.」
In addition to listing the existing industry-specific laws, licenses and permits, specifically describes local ordinances and regulations concerning studio apartments, including minimum dwelling-unit sizes. - FY2016First statedAnnual report
「The Group's businesses are subject to legal regulations under the Architect Act, Real Estate Brokerage Act, Financial Instruments and Exchange Act, Act on Advancement of Proper Condominium Management and other laws, and the Group has obtained the relevant licenses and permits.」
Shows a business structure dependent on multiple industry-specific laws, licenses and permits.