Structural changes in rental demand due to deteriorating employment conditions, rising vacancies and teleworking
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 10 of 26 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「In the rental apartment industry, user demand in central Tokyo and the surrounding areas is particularly firm and is expected to remain so.」
The specific risks of structural changes in rental demand resulting from deteriorating employment conditions, rising vacancy rates and telework are not identified in the risk section for the fiscal year. - FY2022RestatedAnnual report
「In the rental apartment industry, user demand in central Tokyo and the surrounding areas remains firm and is expected to remain so, but structural changes may occur as employment conditions deteriorate, vacancies increase in stores, offices and other properties, and consumer behavior changes with the spread of telework and other developments. These developments require attention.」
While indicating that rental demand in central Tokyo and the surrounding areas remains firm, the filing continues to identify the risk of structural changes in rental demand resulting from employment conditions, vacancies, telework and other factors. - FY2020First statedAnnual report
「Attention is required because structural changes may occur as deteriorating employment conditions, increased vacancies in stores and offices, and the spread of telework and greater use of e-commerce change consumer behavior.」
The company identifies changes in employment conditions, vacancies, telework and consumer behavior resulting from e-commerce as potential sources of structural change in the business environment.