Intensifying Competition and Declining Competitiveness in the Tokyo–Kanagawa Area
First written in FY2017. 13 of 21 entries say "Restated". Latest entry: 2026-06-29.
Forlife moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 5 of 9 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- 2026-06-29RestatedManagement Planning
「Intensifying competition for the acquisition and sale of detached-home sites in the Tokyo metropolitan area」
The severity of competition for land acquisitions and among competitors in the Tokyo metropolitan area has been reaffirmed. - FY2026WorsenedAnnual report
「Land acquisition has been somewhat difficult because information on sites suitable for development into businesses is scarcer than in a typical year and competition for purchases is intensifying.」
The decline in information on sites suitable for development into businesses and intensifying competition for purchases were indicated as factors contributing to a deterioration in the competitive environment, particularly in the Tokyo and Kanagawa areas. - 2026-05-28WorsenedFinancial results briefing materials
「Intensifying competition for the acquisition and sale of detached-home sites in the Tokyo metropolitan area」
Intensifying competition for detached-home sites and sales in the Tokyo metropolitan area has been identified as a change in the business environment. - FY2025WorsenedAnnual report
「Land acquisition has been somewhat difficult because information on sites suitable for development into businesses is scarcer than in a typical year and competition for purchases is intensifying.」
The decline in information on sites suitable for development into businesses and intensifying competition for purchases were specifically indicated as factors contributing to a deterioration in the competitive environment. - FY2023RestatedAnnual report
「The Company's core business, spec-built homes, operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The competitive risk arising from operations in limited areas and low barriers to entry has been reconfirmed for the full fiscal year. - FY2022RestatedAnnual report
「The Company's core business, spec-built homes, operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The competitive risk arising from operations in limited areas and low barriers to entry has been reconfirmed. Response measures indicated include expansion of existing stores, diversification of land acquisition channels, and expansion into custom-built homes and renovations. - FY2022-Q1RestatedAnnual report
「Regarding the acquisition of residential land, competition with other companies for detached-home sites in the Tokyo metropolitan area has been intensifying for some time, and it is unavoidable that sales trends and price trends will be affected to some extent in the future.」
The continuing intensity of competition for detached-home sites in the Tokyo metropolitan area and the potential impact on future sales and price trends have been indicated. - FY2021RestatedAnnual report
「The Company's core business, spec-built homes, operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The competitive risk arising from operations in limited areas and low barriers to entry has been reconfirmed. The Company's response measures include its design and construction expertise, diversification of land acquisition channels and expansion into additional business areas. - FY2021-Q3RestatedAnnual report
「For newly built small-lot detached homes in Yokohama and Kawasaki, competition for land for spec-built homes intensified. In addition to higher land acquisition costs, increases in construction costs raised the cost of sales, while end users became more selective.」
The challenging competitive environment in the Tokyo-Kanagawa region, including competition for land acquisition, rising costs and increasingly stringent end-user selection criteria, continues. - FY2021-Q2WorsenedAnnual report
「Amid a persistently challenging business environment, including rising construction costs and labor shortages in the construction industry, competition is also expected to intensify further, and the situation remains difficult to predict.」
The outlook for further intensification of competition in the housing market, in addition to rising construction costs and labor shortages, was indicated, making the deterioration in the competitive environment clear. - FY2021-Q1RestatedAnnual report
「Regarding the acquisition of residential land, competition with other companies for detached-home sites in the Tokyo metropolitan area has been intensifying for some time, and it is unavoidable that sales trends and price trends will be affected to some extent in the future.」
The continuing intensity of competition for detached-home sites in the Tokyo metropolitan area and the potential impact on future sales and price trends have been indicated. - FY2020RestatedAnnual report
「For newly built small-lot detached homes in Yokohama and Kawasaki, competition for land for spec-built homes intensified. In addition to higher land acquisition costs, increases in logistics and construction costs raised the cost of sales, while end users became more selective.」
The deterioration in the competitive environment, including competition for land acquisition in the Tokyo-Kanagawa region, rising costs across various categories and increasingly stringent buyer selection criteria, continues. - FY2020-Q3WorsenedAnnual report
「For newly built small-lot detached homes in Yokohama and Kawasaki, competition for land for spec-built homes intensified. In addition to higher land acquisition costs, increases in logistics and construction costs raised the cost of sales, while end users became more selective.」
Competition for land acquisition in the Tokyo-Kanagawa region, rising costs across various categories and increasingly stringent end-user selection criteria were specifically documented, making the deterioration in the competitive environment increasingly clear. - FY2020-Q2RestatedAnnual report
「Meanwhile, competition for detached-home sites and detached-home sales in the Tokyo metropolitan area has also intensified, and the challenging operating environment is expected to continue.」
The continuing intensity of competition for land acquisition and home sales in the Tokyo metropolitan area has been documented. - FY2020-Q1RestatedAnnual report
「Meanwhile, competition for detached-home sites and detached-home sales in the Tokyo metropolitan area has become increasingly intense. Combined with the effect of rising construction costs due to stronger construction demand, the challenging operating environment is expected to continue.」
The continuing intensity of competition for land acquisition and home sales in the Tokyo metropolitan area, as well as the impact of construction costs, has been documented. - FY2019RestatedAnnual report
「The Company's core business, spec-built detached homes, operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The competitive risk arising from operations in limited areas and low barriers to entry has been reconfirmed for the full fiscal year. - FY2019-Q3RestatedAnnual report
「Competition for land for spec-built homes intensified, and selling prices rose due to increases in land prices and construction costs, among other factors, while the number of homes supplied declined. At the same time, completed inventory increased, giving end users more options and making them more selective.」
The deterioration in the competitive environment, including competition for land acquisition, rising land and construction costs, a decline in the number of homes supplied, increased completed inventory and more stringent buyer selection criteria, continues to be indicated. - FY2019-Q2WorsenedAnnual report
「Competition for land for spec-built homes intensified, and selling prices rose due to increases in land prices and construction costs, among other factors, while the number of homes supplied declined. At the same time, completed inventory increased, giving end users more options and making them more selective.」
Competition for land acquisition, rising land and construction costs, increased completed inventory and more stringent buyer selection criteria were specifically indicated, making the deterioration in the competitive environment increasingly clear. - FY2019-Q1WorsenedAnnual report
「The competitive environment became increasingly challenging as end-user demand weakened, owing to an increase in completed inventory during 2017, a decline in the number of homes supplied from around the beginning of 2018, and surging selling prices.」
The competitive environment in the Company's main operating areas deteriorated due to an increase in completed inventory, surging selling prices and weakening end-user demand. - FY2018RestatedAnnual report
「The Company's core business, spec-built detached homes, operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The risk of competition arising from operations in limited areas and low barriers to entry has been reconfirmed. - FY2017First statedAnnual report
「The Company operates in limited areas of the Tokyo-Kanagawa region, where barriers to entry are also low, making competition with other companies extremely intense.」
The risk of worsening competition due to operations in limited areas, low barriers to entry and entry by companies from other industries has been indicated, with potential effects on land acquisition prices, selling prices and business performance.