Capturing Demand for Suburban Detached Housing Driven by the Spread of Telework
First written in FY2021-Q2. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Demand for detached houses, where it is easier to secure workspace than in apartments, has increased, which is a tailwind for the Company.」
The company continues to recognize demand for detached houses arising from telework and the shift online as a business opportunity. - FY2022RestatedAnnual report
「At present, demand remains firm, particularly for suburban detached houses, as working from home has spread, and sales have remained solid.」
The company continues to recognize demand for suburban detached houses arising from the spread of working from home as a business opportunity. - FY2022-Q3RestatedAnnual report
「Under these circumstances, the Company expected demand for detached houses to increase as working from home spread, because they make it easier to secure workspace and offer fewer opportunities for close contact with other people than apartments. The Company focused on its core real estate trading business, including by actively purchasing Company-owned properties, primarily detached houses.」
The company continues to pursue the capture of demand for detached houses arising from the spread of working from home and to strengthen purchases focused on detached houses. - FY2021AdvancedAnnual report
「In its real estate trading business, the Company attracted considerable customer interest by holding ample inventories of used homes and other properties from the beginning of the fiscal year. In addition, the spread of remote work prompted a shift toward suburban detached houses, resulting in sales of 477 Company-owned properties, 57 more than in the previous fiscal year.」
The company captured demand for suburban detached houses arising from the spread of remote work, and sales of Company-owned properties increased by 57 year on year to 477. - FY2021-Q3RestatedAnnual report
「The Company continued to focus on its core real estate trading business in order to capture demand for suburban detached houses arising from the spread of telework (working from home).」
The company continues to prioritize capturing demand for suburban detached houses arising from the spread of telework and is focusing on its core real estate trading business. - FY2021-Q2First statedAnnual report
「Under these circumstances, as a measure against COVID-19, the Company expected demand for suburban detached houses to increase because telework (working from home) was spreading rapidly, despite the inconvenience of commuting. The Company focused on its core real estate trading business in order to capture this demand.」
Against the backdrop of the spread of telework, the company expected demand for suburban detached houses to increase and focused on its core real estate trading business to capture that demand.