Decline in Housing Materials Sales Due to Fewer Housing Starts
First written in FY2022-Q1. 2 of 7 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2026-H1.
Ibiden moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2023: 15 of 21 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「In the building materials segment, housing construction was delayed and the number of homes sold declined due to the impact of amendments to the Building Standards Act, resulting in lower revenue than in the same period of the previous year.」
In addition to the existing risk of fewer housing starts, delays in housing construction caused by amendments to the Building Standards Act emerged in results as declines in homes sold and revenue in the building materials segment. - FY2025-H1MitigatedAnnual report
「In the Building Materials division, despite the impact of fewer units sold resulting from the downturn in housing starts, both sales and operating profit increased year on year, partly due to the effect of the acquisition carried out in the previous fiscal year.」
Although the decline in housing starts and homes sold continued, the effects of the acquisition conducted in the previous fiscal year lifted revenue and operating income in the building materials segment, relatively mitigating the impact. - FY2024MitigatedAnnual report
「In the Building Materials division, despite the impact of fewer units sold resulting from the downturn in housing starts, both sales and operating profit increased from the previous fiscal year due to the strengthening of the housing materials business.」
Although the decline in housing starts and homes sold continued, revenue and operating income in the building materials segment increased as a result of efforts to strengthen the housing materials business. - FY2024-Q2RestatedAnnual report
「In the Building Materials division, both sales and operating profit declined year on year due mainly to a decrease in the number of units sold resulting from the downturn in housing starts.」
The decline in housing starts continues to lead to lower revenue and operating income in the building materials segment through fewer homes sold, reaffirming this trend in results. - FY2024-Q1MaterialisedAnnual report
「In the Building Materials division, both sales and operating profit declined year on year due mainly to a decrease in the number of units sold resulting from the downturn in housing starts.」
The decline in housing starts continued to affect results through fewer homes sold, resulting in lower revenue and operating income in the building materials segment. - FY2022-Q2MaterialisedAnnual report
「In the Building Materials division, interest in antiviral products increased and sales of antiviral melamine decorative laminate panels and related products rose, but sales declined year on year as the number of apartment starts remained sluggish due to the impact of COVID-19.」
The prolonged weakness in multifamily housing starts emerged in second-quarter results as a decline in housing-related sales. Sales of antiviral-related products were not sufficient to offset the decline, and the building materials segment reported lower revenue. - FY2022-Q1First statedAnnual report
「Housing materials sales declined as fewer homes were started due to a decrease in lumber imports from the United States, resulting in lower revenue than in the same period of the previous year.」
The decline in housing starts caused by lower lumber imports from the United States emerged in first-quarter results as a decline in housing materials sales.