Demand Fluctuations Driven by Regulation, Economic Conditions and Real Estate Market Conditions
First written in FY2016. 10 of 29 entries say "Restated". Latest entry: 2026-08-14.
EnBio Holdings,Inc moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.
26 other companies' latest entry also says "Worsened".
- FY2026-H1RestatedAnnual report
「In the real estate market, while the supply of high-priced properties continues in the Tokyo metropolitan area, the number of new construction starts in regional cities is declining due to population decreases and rising construction costs, widening regional supply-demand disparities.」
It reconfirms the market view that the gap in real estate demand and supply between urban and regional areas is widening. - FY2025WorsenedAnnual report
「Labour shortages caused by the declining birth rate, ageing population and overtime-work regulations, together with soaring construction costs such as material prices and labour costs, are putting pressure on earnings. In the real estate market, the gap between urban areas, where land prices continue to rise, and regional areas, where demand remains sluggish, is becoming increasingly pronounced, requiring careful investment decisions based on location and property characteristics.」
It indicates that the gap in real estate demand between urban and regional areas is becoming increasingly pronounced, in addition to construction costs and labour shortages. - FY2025-H1Regional differences in demand, excess housing inventoryAnnual report
「In the real estate market, housing demand is particularly high and prices are rising in urban areas of major metropolitan regions due to the declining birth rate, ageing population and ongoing urbanization, while demand is expected to decline in regional areas as populations fall. Housing selling prices have risen due to soaring building material prices and other factors, affecting housing demand in some areas. On the supply side, inventories of newly built subdivisions are excessive, and the market is entering a phase of supply-demand adjustment.」
While construction demand is trending upward, it newly describes regional differences in demand between urban and regional areas, the impact of rising housing prices on demand, excess inventories of newly built subdivisions, and a phase of supply-demand adjustment in the real estate market. - FY2024-Q2Construction demand increasing, costs continuing to rise, housing demand weakeningAnnual report
「In the construction industry, which has a significant impact on the performance of our group, public investment has remained resilient, private-sector capital investment has progressed steadily, and construction demand is trending upward. Meanwhile, construction material prices remain generally high, and labour costs are also trending upward due to chronic labour shortages, so the impact on the operating environment continues to require close monitoring. In the real estate industry, housing demand has remained firm, but selling prices have been rising due to soaring building material prices, increasing the perception that properties are overpriced, and housing demand is beginning to be affected.」
It states that construction demand is trending upward, while construction material prices and labour costs continue to rise, and that the perception that real estate is overpriced has begun to affect housing demand. - FY2024-Q1WorsenedAnnual report
「In the real estate industry, housing demand has remained firm, but selling prices have been rising due to soaring building material prices, increasing the perception that properties are overpriced, and housing demand is beginning to be affected. Although mortgage interest rates remain low, it is necessary to closely monitor signs of changes in the business environment.」
While housing demand remains firm, it indicates that properties are increasingly perceived as overpriced due to soaring building material prices and that the impact on housing demand has begun to emerge. - FY2023Firm real estate demand, rising construction costsAnnual report
「In the construction industry, which has a significant impact on the performance of our group, public investment has remained resilient and private-sector capital investment has continued to recover, while soaring construction material prices and chronic labour shortages have become evident. The impact on the operating environment therefore continues to require close monitoring.」
It states that public investment and private-sector capital investment are recovering, while soaring construction material prices and chronic labour shortages have become evident. - FY2023-Q3Recovery in the real estate and construction marketsAnnual report
「In the real estate industry, which has a significant impact on the performance of our group, the low-interest-rate environment in Japan has continued, and private-sector housing sales have remained resilient. Corporate activity has also shown signs of recovery, and real estate transactions involving corporations are improving. In addition, foreign capital has flowed into large properties in urban areas as the yen has weakened, contributing to persistently high real estate prices in those areas. In the construction industry, public investment and housing construction have remained resilient, while building work related to capital investment showed signs of recovery against the backdrop of improving corporate earnings and other factors.」
In addition to the previously noted challenging environment caused by competition for orders and soaring construction material prices, it describes the recovery in housing sales, corporate real estate transactions, public investment, housing construction and capital investment. - FY2023-Q2RestatedAnnual report
「The real estate market has remained firm. In the construction industry, private-sector construction investment has benefited from stronger appetite for capital investment in anticipation of the post-COVID-19 period, while public construction investment has remained reasonably resilient due to the execution of related budgets under the National Resilience Plan and other initiatives. However, the business environment remains challenging due to intensifying competition for orders and soaring construction material prices, among other factors, and the outlook continues to require close monitoring.」
While recognizing the firmness of the real estate market, it reiterates that the construction industry continues to face a challenging environment due to competition for orders and soaring construction material prices. - FY2023-Q1Real estate market firm, construction environment tighteningAnnual report
「The real estate market has remained firm. In the construction industry, private-sector construction investment has benefited from stronger appetite for capital investment in anticipation of the post-COVID-19 period, while public construction investment has remained reasonably resilient due to the execution of related budgets under the National Resilience Plan and other initiatives. However, the business environment remains challenging due to intensifying competition for orders and soaring construction material prices, among other factors.」
It indicates that the real estate market remains firm on the back of strong investment appetite, while the construction industry continues to face a challenging environment due to intensifying competition for orders and soaring construction material prices. - FY2022Land transactions recovering, housing weakening, capital investment recoveringAnnual report
「In the real estate industry, which has a significant impact on the performance of our group, the number of land transactions is showing signs of recovery. In the construction industry, housing construction has remained weak, while building work related to capital investment has shown signs of recovery.」
It indicates that land transactions and capital-investment-related construction work have shown signs of recovery, while housing construction remains weak. - FY2022-Q3Real estate recovery, construction recovery slowingAnnual report
「In the real estate industry, which has a significant impact on the performance of our group, the number of land transactions is showing signs of recovery. In the construction industry, however, building work related to housing construction and capital investment has lost momentum and remained flat.」
While land transactions have shown signs of recovery, building work related to housing construction and capital investment has lost recovery momentum and remained flat. - FY2022-Q1MitigatedAnnual report
「In the real estate industry, which has a significant impact on the performance of our group, both the number and area of land transactions are showing signs of recovery. In the construction industry, orders for construction work from private-sector and other customers are increasing, with a particularly marked increase in warehouse and distribution-facility construction.」
It states that land transactions and private-sector construction orders in the real estate and construction markets affecting performance are recovering or increasing, indicating an improving trend in the market conditions that had previously been a concern. - FY2021WorsenedAnnual report
「Although the number of triggers for soil contamination investigations has expanded and the number of investigations conducted annually has continued to increase, the average price per project is declining as measures not involving remediation work increase and competition among competitors intensifies, putting the market on a shrinking trend.」
It states that although demand for investigations is increasing, the market is shrinking due to measures not involving remediation work, intensifying competition, and declining project prices. - FY2021-Q3RestatedAnnual report
「In the real estate and construction industries, which have a significant impact on the performance of our group, housing construction and planned construction spending have remained weak, and their impact on construction orders is visible amid the continuing significant decline in corporate earnings.」
It continues to describe weak housing construction and planned construction spending, declining corporate earnings, and their impact on construction orders as conditions in the real estate and construction markets. - FY2021-Q2WorsenedAnnual report
「In the real estate and construction industries, which have a significant impact on the performance of our group, housing construction and capital investment have remained weak, and the continuing significant decline in corporate earnings raises concerns about its impact on construction orders.」
It describes a situation in which housing construction and capital investment weakened amid the COVID-19 pandemic, raising concerns about the impact on construction orders from declining corporate earnings. - FY2021-Q1WorsenedAnnual report
「The real estate industry, which has a significant impact on the performance of our group, rapidly deteriorated as a result of the COVID-19 pandemic and entered an unpredictable situation.」
It states that the COVID-19 pandemic rapidly worsened sentiment in the real estate industry, leaving existing market risks more severe. - FY2020-Q3RestatedAnnual report
「The real estate business confidence index, which has a significant impact on the performance of our group, has remained positive for 30 consecutive periods, but conditions remain unpredictable due to higher material prices and transport costs, chronic labour shortages at construction sites and other factors.」
While the real estate business confidence index has remained positive for 30 consecutive periods, continuing increases in prices and transport costs and labour shortages at construction sites are identified as ongoing concerns. - FY2020-Q2RestatedAnnual report
「The real estate industry, which has a significant impact on the performance of our group, has recently shown some signs of weakening as real estate prices have remained high due to rising building material prices and transport costs, as well as labour shortages at construction sites.」
It continues to describe uncertainty in the real estate market arising from higher building material prices and transport costs, labour shortages at construction sites, and persistently high real estate prices. - FY2020-Q1WorsenedAnnual report
「The real estate business confidence index, which has a significant impact on the performance of our group, had remained positive quarter after quarter over an extended period, but has now turned negative compared with the previous quarter, with some signs of weakening emerging.」
It states that the real estate business confidence index, which had been positive for an extended period, turned negative compared with the previous quarter, indicating signs of weakening in market conditions. - FY2019-Q3WorsenedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, had seen the number of land transactions consistently exceed the previous year's level in recent years, but unstable movements, including a recent decline below the previous year's level, have emerged.」
The Company describes the increasing instability of real estate market conditions, including the number of land transactions falling below the previous year's level after previously exceeding it. - FY2019-Q2RestatedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, had seen the number of land transactions remain stable in recent years, but it has recently fallen below the previous year's level.」
The Company continues to cite the number of land transactions falling below the previous year's level as a factor causing fluctuations in operating results related to real estate market conditions. - FY2019-Q1WorsenedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, had seen the number of land transactions remain stable in recent years, but it has recently fallen below the previous year's level. Although housing construction has remained weak, public investment has been firm in the construction market.」
The Company states that the number of land transactions, which had previously been stable, has fallen below the previous year's level and that housing construction is also weak. - FY2018-Q3RestatedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, has seen housing construction move from a flat trend to a somewhat weaker trend.」
Real estate market conditions, particularly trends in housing construction, continue to be cited as an external factor affecting operating results. - FY2018-Q2RestatedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, has seen the number of land transactions trend slightly upward in recent years, while housing construction has remained firm and moved sideways.」
Real estate market conditions, including land transactions and housing construction, continue to be cited as external factors affecting operating results. - FY2018-Q1RestatedAnnual report
「The real estate market, which has a significant impact on the Group's operating results, has seen the number of land transactions trend slightly upward in recent years, while housing construction has moved from weakness to a flat trend.」
Real estate market conditions, including land transactions and housing construction, continue to be cited as external factors affecting operating results. - FY2017RestatedAnnual report
「The circumstances requiring soil contamination surveys are specifically prescribed by laws and ordinances, including when the use of a specified facility that uses hazardous substances is discontinued, or when a prefectural governor or other authority determines that contamination may be present after a change in the characteristics of land measuring 3,000㎡ or more has been reported.」
The Company continues to disclose the risk of demand fluctuations resulting from laws and ordinances, real estate transactions, economic conditions and corporate environmental investment. - FY2016First statedAnnual report
「The circumstances requiring soil contamination surveys are specifically prescribed by laws and ordinances, including when the use of a specified facility that uses hazardous substances is discontinued, or when a prefectural governor or other authority determines that contamination may be present after a change in the characteristics of land measuring 3,000㎡ or more has been reported.」
Risks that the enactment or amendment of laws and ordinances, economic conditions, real estate transactions and corporate environmental investment may affect demand.