Risks in Acquiring Development Land Due to Rising Land Prices, Competition and Soil Issues
First written in FY2017. 6 of 8 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance. In addition, if an issue is discovered after construction begins or the seller fails to fulfill its contractual nonconformity liability, this may hinder the project development plan and affect the Group’s business performance.」
The company has reaffirmed the risk that, in addition to rising land prices and competition for site acquisitions, the discovery of soil contamination or other issues, or the seller’s failure to fulfill its contractual nonconformity liability, may affect development plans. - FY2025RestatedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance.」
The company has reaffirmed the risk that rising land prices and competition for site acquisitions may make acquisitions more difficult, and that the discovery of soil contamination or other issues after construction begins may affect development plans. - FY2024RestatedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance.」
The company acquires sites using its network and rapid decision-making, while reaffirming the risks that rising land prices and competition for site acquisitions may make acquisitions more difficult and that soil contamination or other issues may be discovered. - FY2021RestatedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance.」
The company has reaffirmed the risk that rising land prices and competition for site acquisitions may make acquisitions more difficult, and that the discovery of soil contamination or other issues may affect development plans. - FY2020RestatedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance.」
The company has reaffirmed the risk that, in addition to rising land prices and competition for site acquisitions, the discovery of soil contamination or other issues may affect development plans. - FY2019RestatedAnnual report
「Centered on the Fukuoka metropolitan area, our operating base, we have acquired sites with strong business efficiency through our network of real estate companies, construction companies, design firms, and financial institutions, among others, and through rapid decision-making. However, if acquisition becomes difficult due to rising land prices or competition for sites, this may affect the Group’s business performance.」
The company acquires sites using its network and rapid decision-making, while reaffirming the risk that rising land prices and competition for site acquisitions may make acquisitions more difficult. - FY2018WorsenedAnnual report
「In the investment-oriented condominium sales business, rental demand in Fukuoka, the company’s operating base, continues to trend upward. However, competition for site acquisitions has intensified further, not only among companies in the same industry but also with hotel and commercial-building operators.」
The filing states that competition for site acquisitions has expanded beyond companies in the same industry to hotel and commercial-building operators and has intensified further. - FY2017First statedAnnual report
「However, if acquisition becomes difficult due to rising land prices or competition for site acquisitions, this may affect the Group’s business performance.」
The company cites the possibility that difficulty acquiring sites due to rising land prices or competition for sites, and the discovery of soil contamination or other issues after construction begins, may affect development plans and business performance.