Delayed handover of newly built designer condominiums for investment
First written in FY2020-Q2. 4 of 7 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2026.
Ambition Dx Holdings moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 4 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The timing of sales of properties held for sale was pushed back from the plan. As a result, the number of properties sold during the consolidated fiscal year was 226 for ヴェリタス, down 65 from the previous fiscal year, and 41 for the Company’s Invest Department, down 28.」
The delay in the timing of sales of properties held for sale actually occurred and was disclosed as a decline in the number of properties sold for the full fiscal year. - FY2024-Q2MitigatedAnnual report
「The Buy-and-Sell DX Invest business completed the handover of newly built condominiums smoothly during the cumulative second quarter of the fiscal year.」
Regarding delivery of the newly built condominium that was pushed into the second quarter in FY2024-Q1, the Company explained that delivery was completed smoothly during the cumulative second-quarter period. - FY2024-Q1MaterialisedAnnual report
「In the Sales and Purchase DX Invest business, the start of deliveries for the newly built condominium “PREMIUM CUBE 池袋本町” was pushed into the second quarter, reducing revenue during the first-quarter consolidated cumulative period, but there will be no impact on full-year performance.」
The start of deliveries for the newly built condominium was pushed from the first quarter into the second quarter, resulting in an actual decline in revenue for the quarter. The Company explained that there would be no impact on full-year performance. - FY2021-Q1MitigatedAnnual report
「The impact of COVID-19 on performance in this business has been resolved, and the number of properties to be sold this fiscal year is expected to be roughly the same as in the previous fiscal year.」
The Company considers the impact of COVID-19 on the performance of its Invest business to have been resolved and expects the number of properties sold to be roughly the same as in the previous fiscal year. - FY2020MaterialisedAnnual report
「During the fourth-quarter consolidated accounting period (April-June), the contraction of financial institutions’ operations following the declaration of a state of emergency in response to the spread of COVID-19 resulted in settlement of contracted transactions being postponed. Although settlements resumed after the state of emergency was lifted and financial institutions restored their operating structures, some revenue recognition was pushed into the fiscal year ending June 2021.」
In connection with the previously disclosed delivery delays, postponement of settlements due to reduced operations at financial institutions and the deferral of revenue recognition to the fiscal year ending June 2021 actually occurred. - FY2020-Q3MitigatedAnnual report
「During the third-quarter consolidated accounting period (January-March), there was no adverse impact from COVID-19, and revenue was recognized as planned for 2 newly built properties developed by consolidated subsidiary ヴェリタス・インベストメント, including 1 property carried over from the first half, as well as a large property handled by the Company’s Invest Department that had also been carried over from the first half.」
The Company explained that 2 of the newly built designer investment condominiums previously pushed into the third quarter, including a property carried over from the first half, generated revenue in the third quarter as planned. - FY2020-Q2MaterialisedAnnual report
「Delivery of the newly built designer investment condominiums being sold by consolidated subsidiary 株式会社ヴェリタス・インベストメント was delayed from the original schedule and pushed into the third quarter (1 January 2020 to 31 March 2020).」
The Company disclosed for the first time that delivery of the newly built designer investment condominiums sold by ヴェリタス・インベストメント was delayed from the original schedule and pushed into the third quarter.