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Ki-Star Real Estate (3465) · RiskReframed

Risk of Operating-Region Concentration and Regional Disasters

First written in FY2016. 6 of 10 entries say "Restated". Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018AdvancedFY20202016: 220162017: 220172018: 320182019: 120192020: 120202021: 020212022: 020222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies

Ki-Star Real Estate moved to the "Worse" side of this theme in 2026.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「We will divide the areas in which our group plans to operate into stable-growth areas, priority expansion areas and network-utilization areas, and promote business growth and market-share expansion by pursuing the optimal investment strategy for each area, including new store openings, business alliances and M&A.」

    The response to operating-region concentration has been reorganized as an investment strategy that divides the regions into 3 categories and applies new store openings, business alliances and M&A selectively by category.
  2. FY2020AdvancedAnnual report

    「Our group’s principal operating regions are Tokyo and the nine prefectures of Saitama, Gunma, Tochigi, Ibaraki, Chiba, Kanagawa, Fukuoka, Aichi and Miyagi,」

    The operating region has expanded to Tokyo and nine prefectures, including Miyagi, increasing the scope of the geographic concentration risk.
  3. FY2019RestatedAnnual report

    「Our group’s principal operating regions are Tokyo and the eight prefectures of Saitama, Gunma, Tochigi, Ibaraki, Chiba, Kanagawa, Fukuoka and Aichi,」

    The company continues to disclose concentration risks arising from local market conditions, demographic trends and natural disasters, based on operating regions covering Tokyo and eight prefectures.
  4. FY2019-Q1MaterialisedAnnual report

    「Meanwhile, economic uncertainty continues, including the impact of the protectionist trade policies of the United States and damage caused by the Northern Osaka Earthquake and the torrential rains in western Japan.」

    The company identifies the actual damage caused by the earthquake and torrential rains as a factor contributing to economic uncertainty. However, it does not indicate any specific impact on its operating regions or business performance.
  5. FY2018RestatedAnnual report

    「Our group’s principal operating regions are Tokyo and the eight prefectures of Saitama, Gunma, Tochigi, Ibaraki, Chiba, Kanagawa, Fukuoka and Aichi, and within these regions we conduct community-based sales activities targeting areas with concentrated populations.」

    Although the operating region has expanded to Tokyo and eight prefectures, the risks associated with local market conditions, demographic trends and natural disasters remain.
  6. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    No material changes were identified in the risks associated with concentration of operating regions and regional disasters.
  7. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    No material changes were identified in the risks associated with concentration of operating regions and regional disasters.
  8. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    No material changes were identified in the risks associated with concentration of operating regions and regional disasters.
  9. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    No material changes were identified in the risks associated with concentration of operating regions and regional disasters.
  10. FY2016First statedAnnual report

    「Our principal operating regions are Tokyo and the four prefectures of Saitama, Gunma, Tochigi and Ibaraki, and within these regions we conduct community-based sales activities targeting areas with concentrated populations.」

    The company describes the impact of local real estate market conditions, demographic trends and natural disasters while pursuing a policy of diversifying concentration risk by expanding its operating regions.
Moved together

"Dependence on interest-bearing debt and interest rate and financing risks" moved the same way as this thread, in the same document, in 2 of its 10 moves.

22★12
  1. ★This thread
  2. 1Dependence on interest-bearing debt and interest rate and financing risks2×
  3. 2Rising Timber and Building Material Prices and Procurement Difficulties2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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Risk of Operating-Region Concentration and Regional Disasters | KI-STAR REAL ESTATE CO.,LTD (3465) | Komori