Uncertainty over demand trends due to surging purchase prices
First written in FY2020. 4 of 10 entries say "Worsened", first in FY2021. Latest entry: 2026-08-10.
Takamisawa moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 9 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- 2026-08-10WorsenedRevision of earnings forecasts
「Against a backdrop of intensifying price competition, we were unable to pass on the full increase in costs resulting from higher raw material costs, personnel expenses and other expenses, resulting in higher revenue but lower profit.」
Price competition and insufficient pass-through of higher costs were identified as causes of higher revenue but lower profit in the mushroom substrate business. - FY2026-H1WorsenedAnnual report
「In the real estate division of the estate-related business, demand remained sluggish against a backdrop of persistently high real estate prices due to higher material and labor costs. Despite efforts to secure orders proactively and reduce costs, revenue and profit decreased.」
Rising material and labor costs have actually manifested themselves in persistently high real estate prices, weak demand and lower revenue and earnings. - FY2025-H1MaterialisedAnnual report
「In the real estate division of the estate-related business, consumer purchasing appetite declined as housing prices rose due to higher material and labor costs. In addition, the volume of land transactions decreased, resulting in lower revenue and profit.」
Higher housing prices resulting from rising material and labor costs materialized as weaker consumer purchasing appetite, a decline in the volume of land transactions and lower revenue and earnings. - FY2023-Q3MitigatedAnnual report
「In the real estate division, delays in completing spec-built subdivision properties caused by shortages of raw materials were partly resolved, and the increase in properties handled resulted in higher revenue and profit.」
The impact of completion delays caused by raw material shortages is described as having eased partly, with the number handled increasing and revenue and earnings rising. - FY2023-Q1MitigatedAnnual report
「In the real estate division, delays in completing spec-built subdivision properties caused by shortages of raw materials were partly resolved, and the increase in properties handled resulted in higher revenue and profit.」
The previous impact of raw material shortages and completion delays caused by the wood shock is described as having eased partly, with the number handled increasing. - FY2022-Q3RestatedAnnual report
「In the Real Estate Division, the shortage of raw materials caused by the wood shock delayed completion of ready-built subdivision properties and reduced the number handled, while higher material costs resulted in lower earnings.」
The uncertainty in housing market conditions caused by the wood shock continues to be described in terms of raw material shortages, completion delays, a decline in the number handled and lower earnings due to higher material costs. - FY2022-Q2WorsenedAnnual report
「In the Real Estate Division, the shortage of raw materials caused by the wood shock delayed completion of ready-built subdivision properties and reduced the number handled, while higher material costs resulted in lower earnings.」
In addition to the previous impact of raw material shortages in causing completion delays and a decline in the number handled, higher material costs are cited as a factor behind lower earnings. - FY2022-Q1MaterialisedAnnual report
「In the Real Estate Division, the shortage of raw materials caused by the wood shock delayed completion of ready-built subdivision properties and reduced the number handled, while the Rental Management Division performed well and posted higher earnings.」
The previous uncertainty in housing market conditions materialized as a shortage of raw materials caused by the wood shock, delays in completing ready-built subdivision properties and a decline in the number handled. - FY2021WorsenedAnnual report
「In the Housing and Lifestyle-Related Business, housing market conditions are uncertain, partly due to the impact of the wood shock.」
In addition to the previous uncertainty over demand caused by higher procurement costs, uncertainty in housing market conditions due to the wood shock is newly specified. - FY2020First statedAnnual report
「Demand trends in the Housing and Lifestyle-Related Business are uncertain due to higher procurement costs.」
For the Housing and Lifestyle-Related Business, the risk that higher procurement costs could make demand trends uncertain is noted independently for the first time.