Risk of deterioration in development profitability from the 2024 problem, higher construction costs and delays
First written in FY2024. 2 of 4 entries say "Restated". Latest entry: 2026-09-30.
Azplanning moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-09-30MaterialisedOccurring Fact
「本物件の引渡日は当初 2026 年 7 月を予定していましたが、建築資材の調達が遅れたことに伴い、9 月になりました。」
建築資材の調達遅延により、開発物件の引渡し時期が後ずれした。建築資材の調達遅延・工期遅延による開発収益悪化リスクが、個別案件で実際に発生したことを示している。 - FY2026RestatedAnnual report
「There is a risk that profitability will fall below the original plan due to inflation and soaring construction costs.」
The Company continues to disclose the risks of lower-than-expected profitability due to inflation and soaring construction costs, and construction delays, with cooperation with construction companies, passing costs through to rents and selling prices, and cost reduction as countermeasures. - FY2025RestatedAnnual report
「The Company recognizes that managing construction schedules and addressing rising construction costs are challenges in the real estate development business it has pursued in recent years. If properties are not completed as scheduled, operating results may be affected, making it necessary to ensure that construction progresses according to the originally planned schedule.」
The Company continues to disclose the risk of deteriorating profitability due to construction delays and higher construction prices in real estate development, with improving internal management capabilities and cooperation with partner companies as countermeasures. - FY2024First statedAnnual report
「Construction prices are expected to rise as a result of the 2024 problem arising from the legislation on work-style reform. If this causes the profitability of properties initially assumed to be affected to change, it may affect business performance.」
For the Real Estate Development Business, the Company identified as new key risks higher construction prices, delays in completion, and changes in projected profitability arising from the 2024 problem.