Risk of Deteriorating Real Estate Market Conditions and Fewer Housing Starts
First written in FY2017. 8 of 13 entries say "Restated". Latest entry: FY2027-H1.
MITRA Group 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 2020: 30 of 70 companies on the "Worse" side.
46 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the real estate market, elevated land prices and rising construction costs continue. In addition, the potential increase in home acquisition costs resulting from higher mortgage rates is a concern, and the situation remains difficult to predict.」
The real estate market disclosure continues to cite concerns that higher land prices, construction costs and mortgage rates will increase home acquisition costs. - FY2026-H1WorsenedAnnual report
「In the real estate market, land prices have remained elevated, while construction costs have continued to rise. In addition, the situation remains uncertain because of concerns that rising mortgage rates will increase the cost of purchasing a home.」
For the real estate market, conditions were identified in which higher land prices, construction costs and mortgage interest rates are driving up home-purchase costs, adding new pressure to the existing risks of deteriorating real estate market conditions and declining transaction volumes. - FY2025-Q1RestatedAnnual report
「Although nationwide residential land prices have risen, housing purchase needs have remained high, supported by enhanced housing purchase support programs, the continuation of monetary easing and the spread of telework.」
Although demand for home purchases remains strong, nationwide residential land prices are reported to have risen, and the assessment of the external environment surrounding the housing market remains unchanged. - FY2024-Q3RestatedAnnual report
「Although housing purchase needs remain high, supported by enhanced housing purchase support programs, the continuation of monetary easing and the spread of telework, the market has continued to show some recent moderation in response to rising nationwide residential land price indices.」
Although demand for home purchases remains strong, the view that the housing market has recently slowed somewhat following an increase in the residential land price index continues. - FY2024-Q1WorsenedAnnual report
「Although housing purchase needs remain high, supported by enhanced housing purchase support programs, the continuation of monetary easing and the spread of telework, the market has continued to show some recent moderation in response to rising nationwide residential land price indices.」
Although demand for home purchases remains strong, the housing market is described as continuing to slow in the near term following an increase in the nationwide residential land price index. - FY2021RestatedAnnual report
「The Group's business is significantly affected by trends in domestic real estate market conditions, including the mortgage market and real estate distribution. Accordingly, if the number of real estate transactions handled declines substantially as a result of deteriorating domestic real estate market conditions, this could affect the Group's operating results and financial position.」
The risk of impact from deteriorating domestic real estate market conditions and a decline in the number of real estate transactions handled continues. - FY2019RestatedAnnual report
「If the volume of mortgages handled declines substantially due to a decrease in housing starts caused by deterioration in domestic real estate market conditions, this could affect business operations, operating results and financial position.」
The risk of business impact through deterioration in domestic real estate market conditions, a decline in housing starts and a decrease in the volume of mortgages handled continues. - FY2017First statedAnnual report
「The Group's business as a whole is significantly affected by trends in domestic real estate market conditions. If the volume of mortgages handled declines substantially due to a decrease in housing starts caused by deterioration in domestic real estate market conditions, this could affect business operations, operating results and financial position.」
The Company identifies as a risk the impact on its business through deterioration in domestic real estate market conditions, a decline in housing starts and a decrease in the volume of mortgages handled.