Risk of slower home-buying activity due to a consumption-tax rate increase
First written in FY2017. 19 of 21 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
30 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「The matters that could affect the Group's business and financial condition include the following.」
The risk that an increase in the consumption tax rate from 8% to 10%, previously disclosed separately, could slow trends in home purchases is not disclosed as a separate item under "Business and Other Risks" for the current fiscal year. Changes to housing-related tax systems remain a factor contributing to inventory risk. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters among those relating to the business and financial conditions described in this interim securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2025-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2022-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2022-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2021RestatedAnnual report
「The consumption tax rate was raised to 8% in April 2014, and a further increase to 10% is planned for the future. Although measures such as expanded mortgage tax relief have been implemented, the increase in the consumption tax rate could slow consumer purchases of condominiums, detached houses and other properties, affecting the Group's business results and other operations.」
It continues to carry the risk that an increase in the consumption tax rate could slow purchase trends for condominium units and detached houses for sale. - FY2021-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2021-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2021-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2020RestatedAnnual report
「The consumption tax rate was raised to 8% in April 2014, and a further increase to 10% is planned for the future. Although measures such as expanded mortgage tax relief have been implemented, the increase in the consumption tax rate could slow consumer purchases of condominiums, detached houses and other properties, affecting the Group's business results and other operations.」
It continues to state the risk that an increase in the consumption tax rate from 8% to a future rate of 10% could slow trends in home purchases. - FY2020-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2020-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2020-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2019-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2019-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2019-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2018RestatedAnnual report
「The consumption tax rate was raised to 8% in April 2014, and a further increase to 10% is planned for the future. Although measures such as expanded mortgage tax relief have been implemented, the increase in the consumption tax rate could slow consumer purchases of condominiums, detached houses and other properties, affecting the Group's business results and other operations.」
It continues to state the risk that an increase in the consumption tax rate from 8% to a future rate of 10% could slow trends in home purchases. - FY2018-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2018-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the risk that an increase in the consumption tax rate could slow trends in home purchases. - FY2017First statedAnnual report
「The consumption tax rate was raised to 8% in April 2014, and a further increase to 10% is planned for the future. Although measures such as expanded mortgage tax relief have been implemented, the increase in the consumption tax rate could slow consumer purchases of condominiums, detached houses and other properties, affecting the Group's business results and other operations.」
The company identifies the risk of slower housing purchases following the actual increase in the consumption tax rate to 8% and the planned future increase to 10%.