Komori
Takamisawa (5283) · RiskWorsened

Real Estate Market Trends

First written in FY2020-Q1. 8 of 19 entries say "Restated". Latest entry: FY2026.

19entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q2 – FY2021-Q3RestatedFY2024-Q2 – FY2024-Q32019: 12020: 220202021: 320212022: 320222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Changes in consolidated performance due to fluctuations in residential development salesA theme 7 companies write about · 5 as a headwind · 1 as a tailwind

Takamisawa moved to the "Worse" side of this theme in 2025.

The whole theme swung hardest in 2023: 2 of 7 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

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
  1. FY2026WorsenedAnnual report

    「In the real estate segment, demand remained weak against a backdrop of persistently high real estate prices caused by increases in material prices and labor costs. Despite efforts to secure orders actively and reduce costs, the segment posted lower sales and lower operating income.」

    Persistently high real estate prices and weak demand continued. Despite efforts to secure orders and reduce costs, full-year sales and operating income declined.
  2. 2026-08-10WorsenedRevision to the earnings forecast

    「Demand remained weak against a backdrop of persistently high real estate prices resulting from increases in material prices and labor costs. Despite efforts to secure orders actively and reduce costs, revenue and profit declined.」

    Persistently high real estate prices and weak demand were again cited as causes of lower revenue and profit for the fiscal year.
  3. 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.」

    Demand remained weak against a backdrop of persistently high real estate prices, and despite efforts to actively solicit orders and reduce costs, revenue and earnings declined.
  4. FY2025RestatedAnnual report

    「Rising housing prices due to higher construction material and labor costs have caused housing sales to stagnate, and unstable conditions are expected to continue.」

    Rising housing prices and sluggish housing sales due to higher construction material and labor costs continue to be presented as risks in the real estate market.
  5. FY2025-H1WorsenedAnnual 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, weaker purchasing appetite and a decline in the volume of land transactions materialized as lower revenue and earnings.
  6. FY2024-Q3RestatedAnnual report

    「In the real estate division, the volume of spec-built subdivision properties handled decreased, resulting in lower revenue and profit.」

    The continuing impact of a decline in the number of ready-built subdivision properties handled, resulting in lower revenue and earnings in the Real Estate Division, is noted.
  7. FY2024-Q2RestatedAnnual report

    「In the real estate division, the volume of spec-built subdivision properties handled decreased, resulting in lower revenue and profit.」

    The continuing impact of a decline in the number of ready-built subdivision properties handled, resulting in lower revenue and earnings in the Real Estate Division, is noted.
  8. FY2024-Q1WorsenedAnnual report

    「In the real estate division, the volume of spec-built subdivision properties handled decreased, resulting in lower revenue and profit.」

    The number of ready-built subdivision properties handled in connection with the real estate market declined, resulting in lower revenue and earnings in the Real Estate Division.
  9. FY2023WorsenedAnnual report

    「In the Real Estate Division, high costs resulting from rising construction material and labor costs have caused housing demand and supply to stagnate, and unstable conditions are expected to continue.」

    For the Real Estate Division, higher costs due to rising construction material and labor costs and stagnation in housing demand and supply are explicitly identified as new uncertainty factors.
  10. FY2023-Q3RestatedAnnual 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 delays in completing ready-built subdivision properties due to the shortage of raw materials was partly resolved, leading to an increase in the number handled and higher revenue and earnings, a situation that continues to be noted.
  11. 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 impact of completion delays and a decline in the number of properties handled caused by the wood shock is noted as having eased partly, with the number handled increasing and revenue and earnings rising.
  12. 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 shortage of raw materials, completion delays and decline in the number of properties handled caused by the wood shock, as well as lower earnings due to higher material costs, continue to be noted.
  13. 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 delays and a decline in the number of properties handled caused by the wood shock, lower earnings due to higher material costs are noted, showing how real estate market conditions translated into weaker performance.
  14. 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 shortage of raw materials caused by the wood shock resulted in delays in completing ready-built subdivision properties and a decline in the number handled. The Rental Management Division performed well.
  15. FY2021MitigatedAnnual report

    「In the real estate division, although the number of completed spec-built subdivision properties sold decreased, in-house land sales progressed steadily, resulting in higher revenue and profit.」

    Although the decline in ready-built subdivision properties continued, in-house land sales performed well, resulting in higher revenue and earnings in the Real Estate Division.
  16. FY2021-Q3RestatedAnnual report

    「In the Housing and Lifestyle-Related Business, the main factor is the trend in the real estate market. In the Real Estate Division, although the number of completed ready-built subdivision properties sold declined, in-house land sales performed well, resulting in higher revenue and earnings.」

    The trend in the real estate market continues to be cited as a key factor affecting the Housing and Lifestyle-Related Business, with a decline in ready-built subdivision properties and strong land sales also noted.
  17. FY2021-Q1RestatedAnnual report

    「In the Housing and Lifestyle-Related Business, the main factor is the trend in the real estate market. In the Real Estate Division, although the number of completed ready-built subdivision properties sold declined, in-house land sales performed well, resulting in higher revenue and earnings.」

    The trend in the real estate market continues to be cited as a key factor affecting the Housing and Lifestyle-Related Business, with a decline in ready-built subdivision properties and strong land sales also noted.
  18. FY2020-Q2RestatedAnnual report

    「In the housing and lifestyle-related business, the main factor was real estate market trends. In the real estate segment, handling volumes of built-for-sale properties decreased, resulting in lower sales and profits.」

    The trend in the real estate market continues to be cited as a key factor affecting the Housing and Lifestyle-Related Business, along with a decline in the number of ready-built subdivision properties handled and lower revenue and earnings.
  19. FY2020-Q1MaterialisedAnnual report

    「In the housing and lifestyle-related business, the main factor was real estate market trends. In the real estate segment, handling volumes of built-for-sale properties decreased, resulting in lower sales and profits.」

    Real estate market trends were identified as a major factor affecting the housing and lifestyle-related business, with lower handling volumes of built-for-sale properties resulting in lower sales and profits.
Moved together

"Increase in Total Assets and Liabilities and Decline in Equity Ratio" moved the same way as this thread, in the same document, in 9 of its 19 moves.

966655★123456
  1. ★This thread
  2. 1Increase in Total Assets and Liabilities and Decline in Equity Ratio9×
  3. 2Sluggish fuel demand and falling crude oil prices6×
  4. 3Weak demand for vehicle inspections and vehicle sales6×
  5. 4Uncertainty over demand trends due to surging purchase prices6×
  6. 5Expansion of the real estate-related business and creation of synergies5×
  7. 6Guarantee of 信州生コン’s Debt5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Takamisawa yet. It last moved in the Revision to the earnings forecast of 2026-08-10: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.