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Other Disclosures415AGMO TECH Holdings,Inc.Information and Communications, Services and Others

GMO TECH Survey: 38.6% of Inherited Vacant Family Homes Have “No Decision Yet on Future Plans”

GMO TECH conducted a survey of people who own vacant homes at their inherited family residences and published the results. The results show, among other things, the percentages of people who have not decided what to do with their vacant homes and those who are not familiar with the property tax system.

Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
38.6
% (percentage who responded that they had not decided on future plans)
Wording
Definitive
How definitive the wording is.

Announced details

GMO Real Estate Valuation
Applicable field (uses covered by this announcement)

Inherited vacant family homes, real estate sales, leasing and utilization, vacant-home management

What the company reported numerically
Quantitative Effects

38.6% had not decided on future plans, 14.2% had held sufficient discussions with their parents before the inheritance, 60.5% had received contact or notification from a local authority, and 79.9% were not familiar with the property tax system in detail

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

Ministry of Internal Affairs and Communications, 2023 Housing and Land Survey; PRIZMA internet survey

Announced details
ItemDetails
Names of Products / Services CoveredGMO Real Estate Valuation
Applicable areaInherited vacant family homes, real estate sales, leasing and utilization, vacant-home management
Quantitative Effects38.6% had not decided on future plans, 14.2% had held sufficient discussions with their parents before the inheritance, 60.5% had received contact or notification from a local authority, and 79.9% were not familiar with the property tax system in detail
SourceMinistry of Internal Affairs and Communications, 2023 Housing and Land Survey; PRIZMA internet survey
Items this document does not state (14)
CounterpartyCounterparty overviewRelationship with the CompanyContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historyImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To clarify the challenges faced by people who inherited their parents' homes and still own them as vacant properties, as well as the state of preparations before inheritance, amid growing concern over the increasing number of vacant homes nationwide.

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GMO TECH Survey: 38.6% of Inherited Vacant Family Homes Have “No Decision Yet on Future Plans” | GMO TECH Holdings,Inc. (415A) timely disclosure | Komori