Dependence on the Real Estate Investment Market and the Business Conditions of Real Estate-Related Companies
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2024.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Revenue from the Company's business is received from real estate companies, renovation companies and other businesses, and their performance and trends in advertising and promotional expenditures may affect the Company's operating results and financial condition.」
Continues to depend on the real estate market and the performance and advertising expenditures of customer businesses. - FY2023RestatedAnnual report
「Revenue from the Company's business is received from real estate companies, renovation companies and other businesses, and their performance and trends in advertising and promotional expenditures may affect the Company's operating results and financial condition.」
Continues to identify dependence on the real estate market and the performance and advertising expenditures of customer businesses as risks. - FY2022RestatedAnnual report
「Revenue from the Company's business is received from real estate companies, renovation companies and other businesses, and their performance and trends in advertising and promotional expenditures may affect the Company's operating results and financial condition.」
Continues to identify dependence on the real estate market and the performance and advertising expenditures of customer businesses as risks. - FY2021RestatedAnnual report
「Revenue from the Company's business is received from real estate companies, renovation companies and other businesses, and their performance and trends in advertising and promotional expenditures may affect the Company's operating results and financial condition.」
Continues to identify dependence on the real estate market and customers' business conditions and advertising expenditures as risks. - FY2020MaterialisedAnnual report
「Although advertising placement services declined as a result of the spread of COVID-19, the Company has determined that the impact of the spread of COVID-19 on its financial statements was immaterial.」
In connection with the risk that trends in customers' advertising and promotional activities may affect revenue, notes the decline in advertising placement services as an actual result. - FY2019Clarification of Dependence on Customers' Advertising ExpendituresAnnual report
「Revenue from the Company's business is received from real estate companies, renovation companies and other businesses, and their performance and trends in advertising and promotional expenditures may affect the Company's operating results and financial condition.」
In addition to the previously identified dependence on the real estate market and related businesses, explicitly identifies customers' advertising expenditures as another channel through which operating performance may be affected. - FY2018RestatedAnnual report
「We provide services related to the real estate market and may therefore be affected by trends in the real estate transaction market resulting from changes in economic conditions, interest rates, land and real estate prices, prices for renovation and other services, raw material prices, property supply, laws and regulations, or the tax system.」
Continues to identify the risk that operating performance may be affected by the real estate market, the performance of related businesses, and changes in various prices and regulations. - FY2017RestatedAnnual report
「We provide services related to the real estate market and may therefore be affected by trends in the real estate transaction market resulting from changes in economic conditions, interest rates, land and real estate prices, prices for renovation and other services, raw material prices, property supply, laws and regulations, or the tax system.」
Continues to state that, in addition to real estate market trends, the Company depends on demand for investment property transactions and the performance of real estate companies, renovation companies and other related businesses. - FY2016First statedAnnual report
「We provide services related to the real estate market and may therefore be affected by trends in the real estate transaction market resulting from changes in economic conditions, interest rates, land and real estate prices, prices for renovation and other services, raw material prices, property supply, laws and regulations, or the tax system.」
Changes in the real estate market, laws and regulations, and the tax system are identified as risks that could affect business performance and financial condition.