Rising Demand for Detached Homes Driven by Remote Work and More Time at Home
First written in FY2021-Q1. 3 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Strong demand alongside cautious purchasing attitudesAnnual report
「Demand remained firm, supported by improved supply and demand following a decline in housing starts. Meanwhile, heightened tensions in the Middle East have led to globally higher crude oil prices and supply chain disruptions, particularly involving petrochemical products, leaving some parts of the supply chains for construction materials and housing equipment unstable.」
The company states that demand remained firm against the backdrop of improved supply and demand following a decline in housing starts, while also noting instability in the supply of materials and equipment due to the situation in the Middle East. - FY2026-H1Strong demand alongside concerns over conditions for home purchasesAnnual report
「Demand in the housing industry in which our group operates has remained firm as the supply-demand balance has improved due to a decline in housing starts and other factors. However, concerns remain about the impact on customers' willingness to purchase from elevated housing prices due to soaring raw material prices and rising mortgage rates.」
The description changed from concerns over the normalization of demand after the pandemic and worsening conditions for home purchases to a statement that demand was firm, supported by improved supply and demand following a decline in housing starts. At the same time, the impact of rising home prices and mortgage rates on purchasing intentions remains a concern. - FY2025-H1Concerns over worsening conditions for home purchasesAnnual report
「The housing industry in which our group operates continues to face concerns about declining sentiment toward home purchases as housing prices rise against a backdrop of soaring material prices and higher labor costs, while mortgage rates are also trending upward.」
The company states that, following the normalization of demand after the pandemic, rising home prices and mortgage rates have raised concerns about declining sentiment toward purchasing homes. - FY2024-Q3Demand remains firm in the Tokyo metropolitan area after normalizationAnnual report
「In the housing industry in which the Group operates, demand, which had risen unusually sharply during the previous consolidated cumulative period due to COVID-19, has normalized. However, demand has remained firm, particularly in the Tokyo metropolitan area, and real estate prices have been trending upward.」
The company states that demand, which had risen unusually sharply during the pandemic, has normalized, while demand remains firm, particularly in the Tokyo metropolitan area, and real estate prices are trending upward. - FY2024-Q2WorsenedAnnual report
「In the housing industry in which the Group operates, demand had risen unusually sharply during the previous consolidated cumulative period due to the impact of COVID-19, but normalized during the current consolidated cumulative period. In addition, subdued consumer sentiment caused by continuing inflation and higher construction material and subcontracting costs have affected demand for real estate, and areas with excess inventory have begun to emerge.」
Demand, which had risen unusually sharply during the pandemic, normalized, while conditions changed to include subdued consumer sentiment caused by inflation and the emergence of areas with excess inventory. - FY2023-Q1SoftenedAnnual report
「Although the sharp increase in preferences for owner-occupied homes caused by the spread of COVID-19 has begun to level off in the housing industry in which the Group operates, demand has continued.」
The wording changed from describing a sharp increase in preferences for owner-occupied homes and demand to stating that the increase in preferences for owner-occupied homes had begun to level off. At the same time, it states that demand for housing itself has continued. - FY2022-Q3RestatedAnnual report
「The housing industry in which the Group operates has continued to see stronger preferences for owner-occupied homes, driven by the spread of stay-at-home demand worldwide as people refrained from going out amid the spread of COVID-19 and by the entrenchment of new lifestyles such as teleworking and studying at home.」
Stronger preferences for owner-occupied homes, driven by stay-at-home demand and new lifestyles, have continued. - FY2022-Q2RestatedAnnual report
「The housing industry in which the Group operates has continued to see stronger preferences for owner-occupied homes, driven by the spread of stay-at-home demand worldwide as people refrained from going out amid the spread of COVID-19 and by the entrenchment of new lifestyles such as teleworking and studying at home.」
Stronger preferences for owner-occupied homes, driven by stay-at-home demand and new lifestyles, have continued. - FY2021-Q2RestatedAnnual report
「Demand for detached houses has been rising as people spend more time at home due to remote work and refraining from going out, seeking to make that time more comfortable.」
The company continues to describe growing demand for detached houses against the backdrop of increased time spent at home during the pandemic. - FY2021-Q1First statedAnnual report
「Demand for detached houses has been rising as people spend more time at home due to remote work and refraining from going out, seeking to make that time more comfortable.」
The company describes increased time spent at home due to remote work and refraining from going out during COVID-19 as a factor behind growing demand for detached houses.