Dependence on Economic Conditions, IT Investment and the Regulatory Environment in the Real Estate Industry
First written in FY2020. 1 of 3 entries say "Worsened", first in FY2022. Latest entry: FY2025.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We provide products and services tailored to real estate transactions, real estate leasing and management, and other segments within the real estate industry. However, our financial position and operating performance may be affected by economic conditions across the real estate industry and the level of systems investment in the industry.」
Dependence on economic conditions, IT investment and the regulatory environment in the real estate industry continues to be identified as a risk. - FY2022WorsenedAnnual report
「We provide products and services tailored to real estate transactions, real estate leasing and management, and other segments within the real estate industry. However, our Group's financial position and operating performance may be affected by economic conditions across the real estate industry and the level of systems investment in the industry. In addition, if the regulatory environment for the real estate industry changes or the responses of companies in the industry change in the future, our Group's financial position and operating performance may likewise be affected.」
In addition to dependence on economic conditions and IT investment, changes in the regulatory environment for the real estate industry and the responses of companies in the industry were explicitly identified as factors that may have an impact. - FY2020First statedAnnual report
「The end users of our products and services are concentrated in the real estate industry. Our financial position and operating performance may be affected by economic conditions across the real estate industry and the level of systems investment in the industry.」
The concentration of customers and end users in real estate transactions, real estate leasing and management, and related businesses is identified as a risk.