Competition to attract tenants due to declines in population and the number of households
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Economic fluctuations, changes in domestic and overseas economic conditions, rising interest rates, foreign exchange fluctuations, price fluctuations, the declining birth rate and ageing population, and changes in industrial structure could lead to lower demand for real estate, declines in land prices and other prices due to deteriorating market conditions, and sluggish personal consumption.」
Reconfirms external-environment risks including declining birth rates, population aging and population decline. - FY2025RestatedAnnual report
「Economic fluctuations, changes in domestic and overseas economic conditions, rising interest rates, foreign exchange fluctuations, price fluctuations, the declining birth rate and ageing population, and changes in industrial structure could lead to lower demand for real estate, declines in land prices and other prices due to deteriorating market conditions, and sluggish personal consumption.」
Reconfirms declining birth rates, population aging and population decline as external-environment risks affecting real estate demand and other factors. Separately identifies the increase in single-person households in the Tokyo metropolitan area as a business tailwind. - FY2022RestatedAnnual report
「Japan's population is expected to decline in the future. Although the number of households is currently increasing due to growth in single-person households, it is also expected to decline in the future.」
Restates the risks of greater competition to attract tenants and falling rents due to future declines in population and the number of households. - FY2020RestatedAnnual report
「Japan's population is expected to decline in the future. Although the number of households is currently increasing due to growth in single-person households, it is also expected to decline in the future.」
Restates the risks of greater competition to attract tenants and falling rents due to future declines in population and the number of households. - FY2017RestatedAnnual report
「Japan's population is expected to decline in the future. Although the number of households is currently increasing due to growth in single-person households, it is also expected to decline in the future.」
Restates the risk that future declines in population and the number of households will lead to greater competition to attract tenants and falling rents. - FY2016First statedAnnual report
「Japan's population is expected to decline in the future. Although the number of households is currently increasing due to growth in single-person households, it is also expected to decline in the future.」
Indicates that future declines in population and the number of households may lead to greater competition to attract tenants and lower rents.