FaithNetwork (3489) · RiskRestated
Impact of Higher Consumption Tax Rates on Demand and Prices
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
2entries
2years
0from disclosures
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Same theme, other companies
Difficulty Passing Through Consumption Tax Increases to Prices for Investment-Oriented Condominiums and Resulting Margin DeclineA theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
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- FY2020RestatedAnnual report
「If the consumption tax rate is increased, causing personal consumption to decline and the economy to deteriorate as households' real incomes fall, real estate owners' willingness to purchase could weaken, affecting the Company's financial position and operating results.」
The risk of reduced willingness to purchase and downward pressure on prices resulting from higher consumption tax rates remains. - FY2019First statedAnnual report
「If the consumption tax rate is increased, causing personal consumption to decline and the economy to deteriorate as households' real incomes fall, real estate owners' willingness to purchase could weaken, affecting the Company's financial position and operating results.」
The disclosure identifies reduced willingness to purchase, higher property acquisition costs and downward pressure on prices resulting from an increase in the consumption tax rate as risks.