Steady Trends in New Rental Housing Starts
First written in FY2024-Q1. 2 of 9 entries say "Worsened", first in FY2024-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2027-H1Both nationwide and Tokyo increased year on yearAnnual report
「Although new rental housing starts during the current interim consolidated accounting period fell below the same month of the previous year in March, partly due to the end of the rush demand accompanying the revision of the Building Energy Efficiency Act, they remained firm from April onward and exceeded the previous year nationwide and in Tokyo, the operating area of the Company's group.」
Although March 2026 was below the same month of the previous year, starts recovered from April onward; cumulative interim-period figures totaled 170,844 units nationwide and 36,324 units in Tokyo, up 3.7% and 3.6% year on year, respectively. - FY2026National Decline for the Full Year and Slight Increase in TokyoAnnual report
「New rental housing starts during the current consolidated fiscal year fell below the previous year nationwide, while Tokyo, the operating area of the Company's group, showed a recovery from the 6.9% decline in the previous year.」
For the full fiscal year, new rental housing starts totaled 323,934 units nationwide, down 5.4% year on year, and 66,422 units in Tokyo, up 0.9%; Tokyo recovered from the previous year's decline. - FY2026-H1New rental housing starts in Tokyo exceeded the previous yearAnnual report
「Although nationwide new rental housing starts during the current interim consolidated accounting period fell below the previous year, Tokyo, the operating area of the Company's group, remained above the previous year.」
Nationwide new rental housing starts fell 7.8% year on year, while Tokyo recorded 35,058 units, up 5.0%. - FY2025-H1RestatedAnnual report
「New rental housing starts during the current interim consolidated accounting period were generally in line with the previous year nationwide, but remained below the previous year in Tokyo, the Company's operating area.」
Nationwide new rental housing starts were roughly in line with the previous year, while Tokyo continued to fall below the previous year. - FY2025-Q1WorsenedAnnual report
「New rental housing starts during the cumulative first quarter of the current consolidated fiscal year were generally in line with the previous year nationwide, but remained below the previous year in Tokyo, the Company's operating area.」
Nationwide starts totaled 89,977 units, unchanged year on year, while Tokyo recorded 17,288 units, down 17.3%; starts in the Company's operating area fell below the previous year. - FY2024Recovered in the fourth quarterAnnual report
「Although new rental housing starts nationwide and in Tokyo, the Company's operating area, remained below the same month of the previous year from August 2023 onward, they recovered to exceed the previous year's monthly figures in the fourth quarter and consequently remained generally in line with the previous year for the current consolidated fiscal year as a whole.」
After falling below the previous year from August onward, starts recovered in the fourth quarter; for the full fiscal year, nationwide starts were down 0.7% year on year, while Tokyo was up 1.2%. - FY2024-Q3WorsenedAnnual report
「Although new rental housing starts nationwide and in Tokyo, the Company's operating area, have been below the same month of the previous year since August, they remained generally in line with the previous year throughout the cumulative third quarter of the current consolidated fiscal year (source: Ministry of Land, Infrastructure, Transport and Tourism, Building Starts Statistics Survey).」
Although cumulative figures were generally in line with the previous year, both nationwide and in Tokyo they were below the same month of the previous year from August onward, with cumulative year-on-year changes of down 0.8% and 0.2%, respectively. - FY2024-Q2AdvancedAnnual report
「The number of new rental housing starts nationwide and in Tokyo, the Company's operating area, remained generally firm throughout the cumulative second quarter of the current consolidated fiscal year (source: Ministry of Land, Infrastructure, Transport and Tourism, Building Starts Statistics Survey).」
From March to August 2023, nationwide housing starts totaled 179,611 units and Tokyo recorded 38,277 units, representing year-on-year increases of 0.3% and 4.5%, respectively. - FY2024-Q1First statedAnnual report
「The number of new rental housing starts nationwide and in Tokyo, the Company's operating area, remained firm throughout the cumulative first quarter of the current consolidated fiscal year (source: Ministry of Land, Infrastructure, Transport and Tourism, Building Starts Statistics Survey).」
From March to May 2023, nationwide housing starts totaled 89,965 units, up 2.6% year on year, while Tokyo recorded 20,910 units, up 5.4%.