Solid demand for home purchases underpinned by policy support and low interest rates
First written in FY2017-Q3. 11 of 30 entries say "Softened", first in FY2017. Latest entry: FY2026.
Tomoku moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 7 of 18 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the domestic housing market, new housing starts fell sharply by double digits, affected by the reactionary decline in demand ahead of the mandatory compliance with energy-efficiency standards and by higher construction costs, among other factors.」
New housing starts fell sharply by double digits due to the reactionary decline ahead of mandatory compliance with energy-efficiency standards and higher construction costs. - FY2026-H1RestatedAnnual report
「Domestic new housing starts have continued to decline year on year since April.」
Domestic new housing starts have continued to decline year on year, reconfirming the weakness of the market surrounding demand for home purchases. - FY2025WorsenedAnnual report
「Domestic housing conditions remained sluggish, as in the previous year, and the challenging business environment continued.」
The annual report reconfirms the sluggish housing market and challenging business environment that have continued since the previous year. - FY2025-H1RestatedAnnual report
「Domestic new housing starts have continued to decline year on year since May.」
It states that the year-on-year decline in domestic new housing starts has continued in the market surrounding demand for home purchases. - FY2024WorsenedAnnual report
「In the housing market, new housing starts continued to decline for owner-occupied homes and detached subdivision homes, affected by soaring material prices, energy prices and general price inflation.」
Against a backdrop of soaring material and energy prices and rising prices generally, the decline in starts of owner-occupied homes and detached subdivision homes continued, leaving the environment surrounding demand for home purchases weaker. - FY2024-Q3RestatedAnnual report
「Domestic new housing starts declined overall.」
It states that total new housing starts have continued to decline in the market surrounding demand for home purchases. Although there are also descriptions of a recovery in exhibition-centre visitors and the number of contracts, homes sold fell below the same period of the previous year as consumers held back from purchasing homes. - FY2024-Q2WorsenedAnnual report
「Domestic new housing starts declined overall.」
It states that total new housing starts have declined in the market surrounding home purchases, with weak conditions continuing after the previously described trend of firmness and recovery. - FY2024-Q1WorsenedAnnual report
「In the housing market, new housing starts for owner-occupied homes and detached subdivision homes have continued to decline year on year.」
New housing starts for owner-occupied homes and detached subdivision homes have continued to decline year on year, strengthening reservations about the previously stated firmness of demand for home purchases. - FY2023WorsenedAnnual report
「In the housing market, new housing starts remained weak amid higher component and energy prices and the impact of inflation.」
The explanation has changed from a recovering and firm housing market to one stating that new housing starts are weakening against a backdrop of higher material prices, energy prices and general prices. - FY2023-Q2SoftenedAnnual report
「The number of homes sold by ㈱スウェーデンハウス increased year on year, but at ㈱玉善, visitor numbers declined as rising timber prices and semiconductor shortages pushed up the prices of spec homes, resulting in a year-on-year decrease in homes sold.」
While the number of homes sold by ㈱スウェーデンハウス increased, ㈱玉善 saw declines in visitor numbers and homes sold as spec-home prices rose, creating reservations about the firmness of demand for home purchases. - FY2022MitigatedAnnual report
「In the housing market, new housing starts remained firm, supported by greater interest in housing as working from home became more widespread and by low interest rates.」
Regarding demand for home purchases, the explanation has changed to one stating that housing starts remain firm against a backdrop of demand for improved living environments and low interest rates, even amid an infectious disease outbreak. - FY2022-Q3RestatedAnnual report
「In the housing market, demand grew, particularly for owner-occupied homes, as a result of the impact of the infectious disease, and new housing starts increased year on year.」
While continuing to note the uncertainty caused by infectious diseases and other factors, it continues to describe a recovery in demand for owner-occupied homes and new housing starts. - FY2022-Q2Housing starts and orders described as recoveringAnnual report
「In the housing market, demand for improvements to the home environment increased as working from home became more widespread because of the infectious disease, signs of a recovery were seen in owner-occupied housing starts, and new housing starts continued to increase year on year.」
It describes a recovery in owner-occupied housing starts and new housing starts, supported not only by government support and low interest rates but also by demand for improved living environments associated with working from home. - FY2022-Q1Housing starts and contracts described as recoveringAnnual report
「In the housing market, new housing starts continued to increase year on year despite an uncertain outlook due to the impact of COVID-19 and the wood shock. In the housing segment, the number of homes contracted and sold by スウェーデンハウス increased year on year.」
While also noting uncertainty caused by COVID-19 and the wood shock, it describes increases in new housing starts, the number of contracts, and the number of homes sold. - FY2021SoftenedAnnual report
「Although mortgage rates remained low and the government implemented various home-purchase support measures following the consumption tax increase, the number of visitors to housing exhibition centres declined due to requests to refrain from going out, and housing starts remained sluggish.」
While low interest rates and government support continue, restrictions on going out left exhibition-centre visitor numbers and housing starts sluggish, maintaining reservations about the firmness of demand. - FY2021-Q2SoftenedAnnual report
「In the housing business, housing starts remained sluggish as visitor numbers at exhibition centers declined because of the reaction following the rush in demand before the consumption tax increase in October last year and restrictions on going out amid the spread of infectious disease.」
It explains that housing starts remained sluggish against a backdrop of fewer exhibition-centre visitors due to the reaction to the consumption tax increase and the spread of infectious disease, rather than government support or low interest rates. - FY2021-Q1SoftenedAnnual report
「Although government measures to promote home purchases continue, consumer caution during the COVID-19 pandemic and the longer period required to reach a contract have become increasingly pronounced.」
Despite the continuation of government support measures, consumer caution and the longer period required to reach a contract became increasingly pronounced due to the COVID-19 pandemic. - FY2020SoftenedAnnual report
「Although the government has measures supporting home purchases, consumer caution resulted in housing revenue of ¥39,435 million, down 4.9% from the previous fiscal year, and operating profit of ¥621 million, down 42.3%.」
While government support measures continue, consumer caution regarding home purchases reduced housing revenue and operating profit, strengthening reservations about the firmness of demand. - FY2020-Q3SoftenedAnnual report
「In the housing market, interest in purchasing homes remained firm, supported by continued improvement in employment and income conditions and government measures such as preferential tax treatment to promote home purchases. However, as visitor numbers at housing exhibition centers continued to trend down year on year, orders received remained weak, declining year on year in almost all categories, including detached, rental and subdivided housing.」
While employment and income conditions continue to improve and government support measures remain in place, the declining trend in exhibition-centre visitors and lower orders received across almost all areas have strengthened reservations about the firmness of demand for home purchases. - FY2020-Q2SoftenedAnnual report
「Visitor numbers at housing exhibition centers continued to decline year on year, and the number of homes ordered fell below the previous period as consumers remained cautious about purchasing homes, with many waiting rather than rushing to buy despite favorable conditions such as low interest rates and tax incentives, and taking longer to make decisions.」
Although support conditions such as low interest rates and tax incentives continue, visitor numbers and the number of orders received fell below the previous year and previous fiscal year, strengthening reservations about the firmness of demand for home purchases. - FY2020-Q1SoftenedAnnual report
「Although government measures to promote home purchases continue, conditions remain challenging as consumers remain cautious and continue to wait and see, concerned about economic uncertainty.」
Although measures to promote home purchases continue, consumer caution and a wait-and-see stance have increased reservations about the conditions supporting demand for home purchases. - FY2019SoftenedAnnual report
「In the housing industry, demand for home construction remained weak amid some uncertainty, including persistently high construction costs ahead of the Tokyo Olympic and Paralympic Games, despite steady improvement in employment and income conditions, continued low mortgage rates and ongoing government support measures for home purchases.」
Although conditions supporting home purchases continue, demand for home purchases is described as weakening rather than remaining firm. - FY2019-Q3SoftenedAnnual report
「In the housing market, interest in purchasing homes remained resilient, supported by improving employment and income conditions and low interest rates. Despite favourable conditions from low interest rates and tax incentives, the number of orders received by the Company was slightly below the previous fiscal year, owing in part to consumers' cautious approach to purchasing homes in light of post-consumption-tax-increase housing purchase support measures.」
While stating that interest in purchasing homes remains resilient, it explains that the number of orders received fell slightly below the previous fiscal year due to consumer caution, indicating stronger reservations about the strength of demand. - FY2019-Q2Resilient demand and longer periods from contract to groundbreaking listed togetherAnnual report
「In the housing market, interest in purchasing homes remained resilient, supported by continued improvement in employment and income conditions and government measures to promote home purchases, including tax incentives.」
While stating that interest in purchasing homes remains resilient, it notes that the periods from cautious consideration of a home purchase to contract execution and from contract execution to groundbreaking have become longer. - FY2019-Q1RestatedAnnual report
「In the housing market, interest in purchasing homes remained resilient, supported by continued improvement in employment and income conditions and government measures to promote home purchases, including tax incentives.」
It continues to explain that interest in purchasing homes remains resilient against a backdrop of improving employment and income conditions and government measures to promote home purchases. - FY2018-Q3RestatedAnnual report
「In the housing market, interest in purchasing homes remained resilient, supported by continued improvement in employment and income conditions and government home-purchase support measures, among other factors.」
It continues to explain that interest in purchasing homes remains resilient against a backdrop of improving employment and income conditions and government home-purchase support measures. - FY2018-Q2Demand for home purchases reconfirmed as firmAnnual report
「In the housing market, demand for home purchases remained firm, supported by improving employment and income conditions, continued low mortgage rates, and various government home-purchase support measures, among other factors.」
It again explains that demand for home purchases was firm, citing improving employment and income conditions, low mortgage rates, and government home-purchase support measures as factors. - FY2018-Q1Wording changed from demand-support measures to the resilience of interest supported by improvements in employment and income conditionsAnnual report
「In the housing market, interest in purchasing homes remained resilient, supported by continued improvement in employment and income conditions, among other factors.」
Rather than the support provided by home-purchase assistance measures, tax incentives and low interest rates described in the previous fiscal year, it explains that interest in purchasing homes remains resilient against a backdrop of improving employment and income conditions. - FY2017SoftenedAnnual report
「Although measures supporting housing demand, including continued government assistance for home purchases, tax incentives and low interest rates, were implemented, the order environment for detached houses remained challenging. This was partly due to the postponement of the consumption tax increase and the trend toward longer periods before contracts were signed.」
Government support, tax incentives and low interest rates continue to provide support, but the explanation has changed from the previous year's description that demand for home purchases was generally firm to one stating that the order environment for detached houses is challenging. - FY2017-Q3First statedAnnual report
「In the housing market, demand for home purchases remained generally firm, supported by continued improvement in employment and income conditions, additional government housing support measures, and lower mortgage rates resulting from the Bank of Japan's negative interest rate policy, among other factors.」
It explains that demand for home purchases was firm, supported by improvements in employment and income conditions, housing support measures, and lower mortgage rates.