Minkabu The Infonoid (4436) · RiskDropped
Decline in demand due to REIT market volatility
First written in FY2020-Q3. 1 of 2 entries say "Dropped", first in FY2023. Latest entry: FY2023.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Risk of declining property operation and sales performance at real estate investment fundsA theme 8 companies write about · 8 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2023DroppedAnnual report
「On 30 March 2023, the company transferred all shares in Prop Tech plus株式会社 that it held to 株式会社東京カンテイ, and Prop Tech plus株式会社 ceased to be a consolidated subsidiary of the company on the same date.」
The REIT market risk specific to Prop Tech plus株式会社 was removed from the scope of the group’s business risks when the company was excluded from the scope of consolidation. - FY2020-Q3First statedAnnual report
「Because Prop Tech plus株式会社 operates a business targeting real estate investment trusts, primarily offering IT solution products related to REIT information, a sharp change in market conditions or similar developments in the REIT market could significantly reduce business activities, including investment in its solution products.」
The inclusion of Prop Tech plus株式会社 as a consolidated subsidiary identified sharp changes in REIT market conditions as a new business risk.