Recovery in residential investment driven by home-purchase support programs and low interest rates
First written in FY2017-Q2. 14 of 28 entries say "Restated". Latest entry: FY2027-H1.
Iida Group Holdings moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2020: 8 of 21 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2027-H1SoftenedAnnual report
「Meanwhile, the outlook remains difficult to predict, given potential changes in supply and demand conditions resulting from an increase in market inventory, higher construction costs due to surging raw material and energy prices, and the impact of rising mortgage interest rates on housing demand.」
The description now places greater emphasis on the impact on demand of rising market inventory, construction costs and mortgage interest rates, rather than the support provided by low interest rates and housing purchase assistance. - 2026-08-07RestatedResults
「一方で、建築コスト上昇を背景とした住宅販売価格の高止まりや、住宅ローン金利の上昇による住宅需要への影響が懸念されるなど、先行きは不透明な状況が続いております。」
住宅販売価格の高止まりと住宅ローン金利上昇による住宅需要への影響懸念を継続している。 - FY2026-H1RestatedAnnual report
「However, persistently high home selling prices resulting from surging construction costs and other factors, as well as rising mortgage rates, raise concerns about declining sentiment toward homeownership.」
The Company continues to cite concerns about declining sentiment toward homeownership due to persistently high home selling prices and rising mortgage rates. - FY2025SoftenedAnnual report
「The domestic economy is at a transition point from the prolonged deflationary economy to an inflationary economy, with policy rates trending upward, and depending on mortgage rate developments, this could affect housing demand.」
The Company puts the potential for higher policy rates and mortgage rates and their impact on housing demand ahead of the support for the homeownership environment previously provided by low interest rates. - FY2024SoftenedAnnual report
「There are concerns that weaker consumer sentiment resulting from higher home selling prices due to surging construction costs and other factors will constrain housing demand, requiring continued close monitoring.」
The Company puts concerns about demand being constrained by construction costs, selling prices and consumer sentiment ahead of support for the homeownership environment. - FY2024-Q3SoftenedAnnual report
「Housing demand continues to be constrained by higher home selling prices resulting from surging construction costs and weaker consumer sentiment due to rising prices, and new housing starts, particularly for subdivided detached houses, remain sluggish. Variable mortgage rates remain low, but future developments need to be monitored closely.」
The Company cites support from low variable mortgage rates, while explicitly noting that higher construction costs, selling prices and general prices are constraining housing demand, further weakening the positive description of the homeownership environment. - FY2024-Q2SoftenedAnnual report
「Variable mortgage rates remain low, but future developments need to be monitored closely.」
The Company continues to cite support for the homeownership environment from low variable rates, while also noting the impact of rising prices and selling prices on housing demand and caution regarding interest rate developments. - FY2024-Q1RestatedAnnual report
「Variable mortgage rates remain low, but future developments need to be monitored closely.」
The Company continues to state that low variable mortgage rates support housing demand, while maintaining a stance of closely monitoring future interest rate developments. - FY2023-Q3SoftenedAnnual report
「Depending on mortgage rate developments, there are concerns about an impact on housing demand, and the situation remains uncertain.」
The Company explicitly cites concerns about the impact of mortgage rates on housing demand, putting the uncertain outlook ahead of support for the homeownership environment. - FY2023-Q2SoftenedAnnual report
「Housing demand is being supported by various homeownership support programs, although selling prices have risen due to surging building material prices, resulting in changes in housing demand. Mortgage rates remain low, but future developments need to be monitored closely.」
The Company continues to cite support from homeownership support programs and low mortgage rates, while explicitly noting changes in housing demand due to higher material and selling prices. - FY2023-Q1SoftenedAnnual report
「In the real estate industry, housing demand is being supported by various homeownership support programs, although building material prices have been tending to rise and higher selling prices have begun to affect housing demand. Mortgage rates remain low for now, but future developments need to be monitored closely.」
The Company states that housing demand continues to be supported by homeownership support programs and low mortgage rates, while higher material prices and selling prices have begun to affect housing demand. - FY2022-Q3RestatedAnnual report
「The homeownership environment is supported by continued low interest rates, repeated extensions of mortgage tax relief and other government homeownership support programs, and firm housing demand has continued, although」
The Company continues to describe support for the homeownership environment from low interest rates and repeated extensions of mortgage tax relief, as well as firm housing demand. It also cites concerns about declining demand sentiment due to the prolonged pandemic. - FY2022-Q1RestatedAnnual report
「The homeownership environment is supported by continued low interest rates, repeated extensions of mortgage tax relief and other government homeownership support programs, while firm housing demand has continued amid changes in lifestyles resulting from the spread of COVID-19, although」
The Company continues to describe support from low interest rates and homeownership support programs, including repeated extensions of mortgage tax relief, as well as firm housing demand accompanying changes in lifestyles. - FY2021-Q2RestatedAnnual report
「The homeownership environment is supported by various government homeownership support programs.」
The Company continues to describe homeownership support programs as supporting the homeownership environment. - FY2021-Q1SoftenedAnnual report
「The homeownership environment continues to be supported by government homeownership support programs and low-interest mortgages, although concerns about declining sentiment toward homeownership remain unresolved amid an uncertain outlook for the containment of COVID-19, in addition to adjustments in the housing supply-demand balance」
The Company maintains the support provided by homeownership support programs and low interest rates, while stating that concerns about declining sentiment toward homeownership remain unresolved, weakening the positive wording regarding the demand environment. - FY2020-Q3RestatedAnnual report
「The homeownership environment continues to be supported by government homeownership support programs and low-interest mortgages, although the impact of the consumption tax rate increase requires attention, as does adjustment of the supply-demand balance and other factors」
The Company maintains its view that homeownership support programs and low interest rates support the homeownership environment, while also noting the consumption tax rate increase and adjustment of the supply-demand balance. - FY2020-Q2RestatedAnnual report
「The homeownership environment continues to be supported by government homeownership support programs and low-interest mortgages, although」
The Company maintains its view that homeownership support programs and low interest rates support the homeownership environment, while also noting the need to monitor the impact of the consumption tax rate increase. - FY2020-Q1RestatedAnnual report
「The homeownership environment continues to be supported by government homeownership support programs and low-interest mortgages, including measures addressing the planned October 2019 consumption tax rate increase, although」
The Company maintains its view that government homeownership support programs and low interest rates support the homeownership environment, and also refers to measures addressing the consumption tax rate increase scheduled for October 2019. - FY2019RestatedAnnual report
「The homeownership environment continues to be supported by government homeownership support programs and low-interest mortgages, although」
The Company maintains its view that homeownership support programs and low interest rates support housing demand, while also citing challenging conditions, including a deterioration in the supply-demand balance. - FY2019-Q3RestatedAnnual report
「Housing demand is expected to continue receiving support from low-interest mortgages and other factors, although, in addition to intensifying competition with other companies, temporary stagnation in sentiment attributable to abnormal weather, successive natural disasters and other factors」
The Company maintains its view that low interest rates are expected to support housing demand, while also citing stagnating sentiment due to intensifying competition, natural disasters and other factors. - FY2019-Q2RestatedAnnual report
「Housing demand is expected to continue receiving support from low-interest mortgages and other factors, although the environment surrounding the Group remains challenging due to intensifying competition with other companies and temporary stagnation in sentiment attributable to abnormal weather, successive natural disasters and other factors.」
The Company maintains its view that low interest rates are expected to support housing demand, while also citing temporary stagnation in sentiment caused by natural disasters and other factors in the demand environment. - FY2019-Q1SoftenedAnnual report
「Housing demand is expected to continue receiving support from low-interest mortgages and other factors, although」
The wording regarding housing demand changed from the previous description that the homeownership environment was favorable to stating that low interest rates are expected to provide support. - FY2018RestatedAnnual report
「The homeownership environment remained favorable, supported by continued government homeownership support programs and low-interest mortgages, but the environment surrounding the Group remained challenging due to sluggish real wage growth, rising corporate price indexes, intensifying competition with other companies and other factors.」
The Company describes the homeownership environment as favorable due to homeownership support programs and low interest rates, while also citing challenging conditions, including real wages, prices and competition. - FY2018-Q3RestatedAnnual report
「In the detached-house residential market, the environment for acquiring homes remained favorable, supported by government measures to assist home purchases and low-interest-rate mortgages. However, the environment surrounding the Group remains severe, owing to intensifying competition with other companies and other factors.」
The Company continues to view the homeownership environment as favorable, supported by government homeownership support programs and low interest rates, while maintaining its view that the business environment remains challenging due to intensifying competition with other companies. - FY2018-Q2SoftenedAnnual report
「The homeownership environment remained favorable, supported by continued government homeownership support programs and low-interest mortgages, although new housing starts remained broadly in line with the previous year.」
The description changed from “housing investment remained firm” to the homeownership environment being favorable while new housing starts remained broadly in line with the previous year, weakening the wording regarding actual investment and construction growth. - FY2018-Q1AdvancedAnnual report
「Housing investment remained firm against a backdrop of government homeownership support programs and persistently low mortgage rates.」
The description changed from “interest in housing investment increased” to housing investment remaining firm, moving from growing interest to actual investment trends. - FY2017-Q3SoftenedAnnual report
「Against a backdrop of homeownership support programs, including mortgage tax relief, and low interest rates, interest in housing investment increased, but」
The wording changed from “housing investment recovered” to “interest in housing investment increased,” shifting the focus from an actual recovery in investment to growing interest. - FY2017-Q2First statedAnnual report
「Housing investment recovered against a backdrop of homeownership support programs, including mortgage tax relief, and low interest rates, although」
The Company states that housing investment is recovering against a backdrop of homeownership support programs and low interest rates, while competition, particularly for lower-priced properties, remains intense.