Rising demand for property ownership and subleasing, and improving brokerage demand.
First written in FY2017-Q3. 9 of 19 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Demand for property and rental housing in the Tokyo metropolitan area remains firm.Annual report
「Firm demand for real estate, particularly in major metropolitan areas, continued, and land prices remained on an upward trend. In the rental market, asking rents continued to rise, particularly in Tokyo's 23 wards, and demand for rental housing remained solid.」
The company identified rising land prices, higher asking rents and solid rental demand as tailwinds for its Tokyo metropolitan area business. - FY2025Added residential and investment demand from wealthy overseas individuals to demand in the Tokyo metropolitan area.Annual report
「In the Tokyo metropolitan area, the Group's core business region, the number of single-person households has continued to increase as part of domestic demographic trends. In recent years, strong residential and investment demand from wealthy overseas individuals, typified by the so-called "Junichi" phenomenon, has also become evident.」
The company identified residential and investment demand from wealthy overseas individuals, in addition to demand from single-person households and for subleasing, as a tailwind for its Tokyo metropolitan area business. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, the business environment surrounding the Group initially showed signs of economic recovery following the full lifting of the state of emergency and priority preventive measures. …However, concerns over a renewed spread of infections due to the emergence of new variants meant that the outlook remained uncertain.」
Reconfirmed the coexistence of a temporary economic recovery following the lifting of activity restrictions and concerns over a renewed spread of infections caused by new variants. - FY2022-Q2Improvement was seen after restrictions were lifted, but the outlook became uncertain due to new variants.Annual report
「During the cumulative second quarter, the business environment surrounding the Group initially showed signs of economic recovery following the full lifting of the state of emergency and priority preventive measures. …However, concerns over a renewed spread of infections due to the emergence of new variants meant that the outlook remained uncertain.」
Although conditions improved following the full lifting of restrictions on activities and the increase in vaccination rates, uncertainty about the outlook continued due to concerns over a renewed spread of infections caused by new variants. - FY2021Housing starts remained unstable, but the contract rate was near the recovery benchmark.Annual report
「New housing starts in June 2021 totaled 76,312 units, up 7.3% year on year and increasing for the fourth consecutive month. New housing starts for the condominium properties that form the core of the Group's business totaled 7,024 units in June 2021, down 16.6% year on year. However, starts had fluctuated, increasing 0.5% year on year in April and 1.6% in May, and the outlook remained difficult to predict. The initial-month contract rate for condominiums in the Tokyo metropolitan area was 73.6% in April 2021, 69.3% in May and 72.5% in June, remaining around the 70% benchmark for determining market conditions.」
New housing and condominium starts fluctuated from month to month, making the outlook difficult to predict, while the initial-month contract rate for condominiums in the Tokyo metropolitan area remained around 70%. - FY2021-Q3Housing starts remained on a declining trend, while the company cited growing interest in housing and indicators of market recovery.Annual report
「New housing starts in March 2021 totaled 71,787 units, up 1.5% year on year and the first increase in 21 months. New housing starts for the condominium properties that form the core of the Group's business totaled 10,392 units in March 2021, up 9.4% year on year. However, starts had fluctuated, declining 27.5% year on year in February and increasing 29.3% in January, and the outlook remained difficult to predict. The initial-month contract rate for condominiums in the Tokyo metropolitan area was 76.0% in February 2021 and 73.6% in March, exceeding the 70% benchmark for determining market conditions for 2 consecutive months.」
New housing starts continued to fluctuate from month to month, making the outlook difficult to predict, while the initial-month contract rate for condominiums in the Tokyo metropolitan area exceeded 70% for 2 consecutive months. - FY2021-Q2Housing starts declined, while the company cited growing interest in housing and factors supporting demand.Annual report
「New housing starts in Reiwa 2 totaled 815,340 units, down 9.9% year on year and marking the fourth consecutive annual decline. New housing starts for for-sale homes totaled 240,268 units, down 10.2% year on year and the first decline in 6 years. …Meanwhile, as the spread of COVID-19 substantially increased the amount of time people spent at home, interest in housing deepened, regardless of whether the property was new or existing.」
The company indicated that the market was weakening due to declines in new housing starts and for-sale housing starts, while identifying increased time spent at home, heightened interest in housing and the mortgage tax deduction as factors supporting demand. - FY2021-Q1Property prices did not decline and remained stable.Annual report
「Despite the unexpected spread of COVID-19 and the postponement of the Tokyo Olympics, property prices did not decline and remained stable, although the outlook remained uncertain.」
The company explained that property prices had not declined and market conditions remained stable despite the impact of COVID-19 and the postponement of the Tokyo Olympics. - FY2020The COVID-19 pandemic affected brokerage demand and the number of properties available for brokerage.Annual report
「The spread of COVID-19 affected sales activity, which stagnated as financial institutions reduced their operating levels, reduced the number of properties available for brokerage as property management companies curtailed operations, and reduced the number of rental brokerage transactions as the brokerage market weakened. However, supported by the property management business, the impact on the performance of our Group has remained limited.」
The company disclosed the actual impact on brokerage demand, previously described as improving, due to reduced operating capacity at financial institutions and property management companies and the cooling of the brokerage industry. - FY2020-Q3The COVID-19 pandemic made the outlook for brokerage demand uncertain.Annual report
「In the real estate brokerage industry, although general consumers continued to have a strong inclination to economize, demand had been improving due to relocation needs associated with corporate personnel transfers and other factors. However, the situation became uncertain because of the impact of the COVID-19 pandemic.」
Previously, brokerage demand had been described as gradually improving against a backdrop of corporate personnel transfers and other factors, but the demand situation became uncertain due to the impact of the COVID-19 pandemic. - FY2020-Q2RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2019-Q3RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2019-Q2RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2019-Q1RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2018-Q3RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2018-Q2RestatedAnnual report
「In the real estate management industry in which the Group operates, demand among individual investors and others to own real estate, supported by rising land prices and low-interest-rate policies, has remained strong, and demand for subleasing to maintain and enhance the value of those assets is also increasing. In the real estate brokerage industry, consumer sentiment remains strongly oriented toward saving, but demand is improving, including demand for relocations associated with personnel transfers at companies.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2018-Q1RestatedAnnual report
「Amid rising land prices and the low-interest-rate policy, demand among individual investors and others to own real estate has remained high. Demand for subleasing to maintain and enhance the value of these properties is also increasing. In the real estate brokerage industry, although general consumers continue to have a strong inclination to economize, demand is improving due to relocation needs associated with corporate personnel transfers and other factors.」
Reconfirmed the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2017RestatedAnnual report
「Demand among individual investors and others to own real estate has remained high against a backdrop of rising land prices, and demand for subleasing to maintain and enhance the value of these properties is also increasing. In the real estate brokerage industry, although general consumers continue to have a strong inclination to economize, demand is improving due to relocation needs associated with corporate personnel transfers and other factors.」
Reiterated the high demand for property ownership and subleasing, as well as improving brokerage demand driven by corporate personnel transfers and other factors. - FY2017-Q3First statedAnnual report
「Amid rising land prices and the low-interest-rate policy, demand among individual investors and others to own real estate has remained high. Demand for subleasing to maintain and enhance the value of these properties is also increasing. In the real estate brokerage industry, although general consumers continue to have a strong inclination to economize, demand is improving due to relocation needs associated with corporate personnel transfers and other factors.」
The company explained that demand for property ownership and subleasing was rising against a backdrop of higher land prices and low interest rates, while brokerage demand related to corporate personnel transfers was gradually improving.