A New-Home-Centric Housing Market and Scope for Growth in Existing-Home Distribution
First written in FY2018. 4 of 14 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Continued Market Expansion and Investment AppetiteAnnual report
「Although completed transactions involving existing condominiums in the Tokyo metropolitan area temporarily turned lower year on year in April 2025, the overall upward trend has continued (Statistical information from the Real Estate Information Network for East Japan), and we expect the market for investment in existing compact condominiums, our group's core business, to continue expanding.」
While referring to a temporary period of decline, the company stated that completed transactions involving existing condominiums in the Tokyo metropolitan area and its core market for investment in existing compact condominiums are expected to continue trending higher and expanding. - FY2024-Q2Growing attention to real estate investment against the backdrop of the new NISA and other measuresAnnual report
「In addition, individual investment appetite has been rising against the backdrop of stronger tax incentives, including the new NISA, under the government's Asset-Based Income Doubling Plan. As a result, real estate investment as part of a diversified portfolio has attracted increasing attention. Real estate in particular is viewed as an asset capable of generating relatively stable returns compared with equities and other investments, and has drawn attention especially as a hedge against inflation.」
In addition to the expected expansion of the existing compact-condominium investment market, the company described growing individual investor interest in real estate investment, supported by stronger tax incentives such as the new NISA, as part of the market environment. - FY2024-Q1Expected expansion of the existing compact-condominium investment marketAnnual report
「In the real estate market in which our group operates, completed transactions involving existing condominiums in the Tokyo metropolitan area continued to trend higher from October 2023 through January 2024 (Statistical information from the Real Estate Information Network for East Japan), and we expect the market for investment in existing compact condominiums, our group's core business, to continue expanding.」
The company indicated an upward trend in completed transactions involving existing condominiums in the Tokyo metropolitan area and expects continued expansion of its core market for investment in existing compact condominiums. - FY2023-Q1Decline in the owner-occupier market coexists with expansion of the investment marketAnnual report
「Although completed transactions involving existing condominiums in the Tokyo metropolitan area have continued to decline year on year, mainly due to surging prices of owner-occupied properties (Statistical information from the Real Estate Information Network for East Japan), we expect the market for investment in existing compact condominiums, our group's core business, to continue expanding.」
While completed transactions for owner-occupied existing condominiums in the Tokyo metropolitan area are trending lower against a backdrop of surging prices, the company expects the investment market for existing compact condominiums, its core market, to expand. - FY2022-Q1Existing-condominium market reaches a record highAnnual report
「In the real estate market in which our group operates, completed transactions involving existing condominiums in the Tokyo metropolitan area had continued to decline year on year from March 2020 due to the spread of COVID-19. However, transactions increased 11.1% year on year in 2021, reaching a record high. (Statistical information from the Real Estate Information Network for East Japan)」
The company disclosed that completed transactions in the Tokyo metropolitan existing-condominium market increased 11.1% year on year in 2021, reaching a record high. - FY2021-Q3Recovery in the existing-condominium market advancesAnnual report
「In the real estate market, completed transactions involving existing condominiums in the Tokyo metropolitan area continued to decline year on year from March 2020 due to the spread of COVID-19. However, signs of improvement emerged, with transactions up 11.8%, 12.2% and 55.4% year on year in the October–December 2020, January–March 2021 and April–June 2021 quarters, respectively.」
Completed transactions involving existing condominiums in the Tokyo metropolitan area increased 11.8%, 12.2% and 55.4% year on year in the October–December 2020, January–March 2021 and April–June 2021 quarters, respectively, updating the data from signs of improvement to advancing recovery. - FY2020Signs of improvement after market contractionAnnual report
「From March 2020 onward, completed transactions involving existing condominiums in the Tokyo metropolitan area continued to decline year on year due to the spread of COVID-19, including a sharp 33.6% year-on-year drop in the April–June 2020 quarter. However, signs of improvement emerged, with transactions turning higher year on year in August and October.」
While the decline in completed transactions caused by COVID-19 continued, transactions turned higher year on year in August and October 2020, indicating signs of improvement. The company also cited 905,000 new housing starts versus 187,000 completed transactions involving existing homes in 2019, as well as the government's target of expanding the existing-home distribution and renovation market to ¥20 trillion by 2025. - FY2020-Q3Prolonged impact of COVID-19Annual report
「However, from March 2020 onward, the spread of COVID-19 continued to weigh on the market. Completed transactions involving existing condominiums in the Tokyo metropolitan area fell 33.6% year on year in the April–June 2020 quarter, following a similar decline in the cumulative consolidated second-quarter period, and continued to decline year on year for 5 consecutive months.」
The decline in demand for existing condominiums became prolonged, with completed transactions in the Tokyo metropolitan area down 33.6% year on year in April–June 2020 and below the previous year's level for 5 consecutive months. - FY2020-Q2Existing-condominium demand plunges due to COVID-19Annual report
「However, as the spread of COVID-19 affected the market, completed transactions involving existing condominiums in the Tokyo metropolitan area began to decline year on year in March 2020, and fell sharply by 52.6% year on year in April 2020.」
The existing-condominium market, previously described as strong and reaching record highs, began to decline in March 2020, with completed transactions down 52.6% year on year in April. - FY2020-Q1RestatedAnnual report
「Against a backdrop of the Bank of Japan's negative interest rate policy and expanded government support for home purchases, demand for existing condominiums has been rising. In 2019, completed transactions involving existing condominiums in the Tokyo metropolitan area totaled 38,109, up 2.4% year on year and a record high, while the transaction price per square meter rose 3.6% year on year. (Statistical information from the Real Estate Information Network for East Japan)」
The company presented new market data showing heightened demand for existing condominiums: 38,109 completed transactions in the Tokyo metropolitan area in 2019, up 2.4% year on year, and a 3.6% year-on-year increase in the transaction price per square meter. - FY2019RestatedAnnual report
「In 2018, Japan's housing market had a structure heavily weighted toward new construction, with 942,000 new housing starts compared with 185,000 completed transactions involving existing homes.」
The data on the market structure heavily weighted toward new construction was updated to 942,000 new housing starts versus 185,000 completed transactions involving existing homes, reaffirming the room for growth in the existing-home distribution market. - FY2019-Q3RestatedAnnual report
「Against a backdrop of the Bank of Japan's negative interest rate policy and expanded government support for home purchases, demand for existing condominiums has been rising. From November 2018 through July 2019, completed transactions involving existing condominiums in the Tokyo metropolitan area totaled 29,392, up 1,115 year on year, while transaction prices rose 1.7% year on year, indicating continued strength. (Statistical information from the Real Estate Information Network for East Japan)」
The period covered was updated in the data on solid demand for existing condominiums: completed transactions in the Tokyo metropolitan area totaled 29,392, up 1,115 year on year, while transaction prices rose 1.7% year on year. - FY2019-Q2RestatedAnnual report
「Against a backdrop of the Bank of Japan's negative interest rate policy and government support for home purchases, demand for existing condominiums has been rising. From November 2018 through April 2019, completed transactions involving existing condominiums in the Tokyo metropolitan area totaled 19,920, an increase of 884 from the same period of the previous year, indicating continued strength.」
The company presented data for the period showing strong demand for existing condominiums, with 19,920 completed transactions in the Tokyo metropolitan area, up 884 year on year. - FY2018First statedAnnual report
「In 2017, Japan's housing market had a structure heavily weighted toward new construction, with 964,000 new housing starts compared with 180,000 completed transactions involving existing homes.」
The business environment is characterized by 964,000 new housing starts versus 180,000 completed transactions involving existing homes.