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Open House Group (3288) · RiskRestated

Risk of Price Fluctuations Caused by Abrupt Changes in Market Conditions

First written in FY2016-Q3. 12 of 15 entries say "Restated". Latest entry: FY2023-Q3.

15entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2019-Q3MaterialisedFY2020-Q2 – FY2020-Q3RestatedFY2022-Q1 – FY2023-Q32016: 120162017: 420172018: 220182019: 320192020: 220202021: 020212022: 120222023: 22023
Same theme, other companies

The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.

46 other companies' 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.
Showing 14 of the 108 companies compared. The sentences above are computed from all 108.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks.
  2. FY2023-Q1RestatedAnnual report

    「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks. It does not indicate any change in the treatment of price fluctuation risk due to sudden changes in market conditions.
  3. FY2022-Q1RestatedAnnual report

    「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks.
  4. FY2020-Q3MaterialisedAnnual report

    「In the income-producing real estate business, amid the spread of COVID-19, declines in rents and deterioration in conditions in the property transaction market have also been observed in the real estate industry to which our Company belongs, raising concerns that financial institutions will increasingly screen investors and properties.」

    The disclosure specifically describes declines in rents, deterioration in the property transaction market and screening by financial institutions in connection with price fluctuation risk caused by sudden changes in market conditions.
  5. FY2020-Q2MaterialisedAnnual report

    「Amid the spread of COVID-19, declines in rents and deterioration in conditions in the property transaction market have also been observed in the real estate industry to which our Company belongs.」

    The disclosure specifically describes declines in rents and deterioration in the property transaction market due to the spread of COVID-19 in connection with price fluctuation risk caused by sudden changes in market conditions.
  6. FY2019-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new risks and no material changes to existing risks.
  7. FY2019-Q2RestatedAnnual report

    「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new risks and no material changes to existing risks.
  8. FY2019-Q1RestatedAnnual report

    「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new risks and no material changes to existing risks.
  9. FY2018RestatedAnnual report

    「Going forward, to mitigate the risk of price fluctuations caused by sudden changes in market conditions and other factors, we will continue to focus on properties that are small in scale and expected to be sold within a short period.」

    The disclosure continues to describe price fluctuation risk due to sudden changes in market conditions and the response of focusing on properties that are small in scale and can be sold within a short period.
  10. FY2018-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new risks and no material changes to existing risks, and does not indicate any substantive change in the treatment of price fluctuation risk due to sudden changes in market conditions.
  11. FY2017RestatedAnnual report

    「Going forward, to mitigate the risk of price fluctuations caused by sudden changes in market conditions and other factors, we will continue to focus on properties that are small in scale and expected to be sold within a short period.」

    The disclosure continues to describe price fluctuation risk due to sudden changes in market conditions and the response of focusing on properties that are small in scale and can be sold within a short period.
  12. FY2017-Q3RestatedAnnual report

    「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks, and does not indicate any change in the treatment of price fluctuation risk due to sudden changes in market conditions.
  13. FY2017-Q2RestatedAnnual report

    「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks.
  14. FY2017-Q1RestatedAnnual report

    「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The disclosure states that there were no new business or other risks and no material changes to existing risks. It does not indicate any substantive change in the treatment of price fluctuation risk due to sudden changes in market conditions.
  15. FY2016-Q3First statedAnnual report

    「Going forward, to mitigate the risk of price fluctuations caused by sudden changes in market conditions and other factors, we will continue to focus on properties that are small in scale and expected to be sold within a short period.」

    Price fluctuations caused by sudden changes in market conditions and other factors are explicitly identified as a risk. The text does not state that a new risk arose during the quarter.
Moved together

"Reliance on Interest-Bearing Debt and Financing Risk" moved the same way as this thread, in the same document, in 2 of its 15 moves.

222★123
  1. ★This thread
  2. 1Reliance on Interest-Bearing Debt and Financing Risk2×
  3. 2Sales and Valuation Risks for Real Estate Inventories2×
  4. 3Risk of Deterioration in Economic and Real Estate Market Conditions Due to the COVID-19 Pandemic2×

★ 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
Open House Group's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Price Fluctuations Caused by Abrupt Changes in Market Conditions | Open House Group Co.,Ltd. (3288) | Komori