Weakness in the housing-related market
First written in FY2020-Q1. 12 of 22 entries say "Restated". Latest entry: FY2027-H1.
Hoden Seimitsu Kako Kenkyusho moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 8 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「For molds, in the housing-related business, orders for residential aluminum extrusion molds remained at the same level as in the previous period in both Japan and overseas, as housing demand remained low against a backdrop of soaring construction costs and housing prices and rising interest rates.」
The disclosure states that housing demand remained low against a backdrop of soaring construction costs and housing prices and rising interest rates. Meanwhile, orders for residential aluminum extrusion molds were at the same level as in the previous period in both Japan and overseas. - 2026-07-07RestatedEarnings
「The Housing and Transportation and Logistics fields remained sluggish against a backdrop of slowing demand in their respective markets.」
The company continued to describe slowing demand and weak performance in the Housing field. - FY2026Change in factors behind the decline in housing demandAnnual report
「In the housing-related business, revenue from aluminum extrusion molds for the domestic market declined due to a reactionary decline in demand following the mandatory compliance with energy-efficiency standards, but revenue increased due to higher demand at overseas subsidiaries.」
Regarding factors behind weakness in the housing-related market, the disclosure cited a reactionary decline in demand following the mandatory compliance with energy-efficiency standards, in addition to the previously cited slowdown in demand caused by soaring construction material prices and labor shortages. Revenue from the domestic market declined, while demand at overseas subsidiaries increased. - FY2026-H1RestatedAnnual report
「During the interim period of the current consolidated fiscal year, industry conditions surrounding the Group remained sluggish in the housing and transportation and logistics sectors as demand in each market slowed.」
The view that the housing sector remained sluggish due to slowing demand in each market continues to be disclosed. - FY2025-H1RestatedAnnual report
「The housing and transportation and logistics sectors remained sluggish, affected by slower housing demand due to soaring construction material prices and labor shortages, as well as weaker demand for non-EV vehicles in the Chinese automotive market.」
Slower housing demand due to soaring construction material prices and labor shortages continues to be disclosed as a factor behind weakness in the housing-related market. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, industry conditions surrounding the Group remained sluggish in the housing and transportation and logistics sectors, affected by slower housing demand due to soaring construction material prices and labor shortages, as well as weaker demand for non-EV vehicles in the Chinese automotive market, although」
The factors behind weakness in the housing sector, namely slower housing demand due to soaring construction material prices and labor shortages, continued to be disclosed. - FY2024RestatedAnnual report
「During the current consolidated fiscal year, industry conditions surrounding the Group remained sluggish in the housing and transportation and logistics sectors due to slower housing demand and inventory adjustments in the automotive industry.」
The view that the housing sector remained sluggish due to slower housing demand continued to be disclosed. - FY2024-Q3RestatedAnnual report
「In the housing-related business, housing-related aluminum extrusion molds for the domestic Thai market produced by an overseas affiliate were affected by a revision to the production plan」
In the housing-related business, the explanation that housing-related aluminum extrusion molds for the domestic Thai market produced by an overseas affiliate were affected by a revision to the production plan continues. Meanwhile, revenue from the domestic market increased due to price revisions. - FY2024-Q2Impact of the overseas affiliate's revised production planAnnual report
「In the housing-related business, housing-related aluminum extrusion molds for the domestic Thai market produced by an overseas affiliate were affected by a revision to the production plan」
In the housing-related business, the disclosure states that housing-related aluminum extrusion molds for the domestic Thai market produced by an overseas affiliate were affected by a revision to the production plan. Meanwhile, revenue from aluminum extrusion molds for the domestic market increased due to the effect of price revisions. - FY2024-Q1RestatedAnnual report
「During the current consolidated fiscal year, industry conditions surrounding the Group remained difficult in every industry except aerospace and defense and the environment and energy sectors.」
The disclosure continues to state that industries other than aerospace and defense, environment and energy, and housing-related industries remained difficult. Meanwhile, the effect of price revisions is indicated in the housing-related business. - FY2023-Q3WorsenedAnnual report
「In the housing-related business, orders for aluminum extrusion molds declined as housing demand weakened due to soaring prices for building materials and other factors.」
For the housing-related market, the disclosure specifically states that weaker housing demand caused by soaring building material prices and other factors led to a decline in orders for aluminum extrusion molds. - FY2023-Q1WorsenedAnnual report
「During the cumulative period under review, industry trends surrounding the Group remained challenging across all industries except for part of the transportation and logistics sector.」
Although the housing-related market had been described as being at the same level as the previous period through the prior period, the disclosure now states that all industries except part of the transportation and logistics sector remained difficult, indicating that conditions had become more challenging across markets, including housing-related markets. - FY2022RestatedAnnual report
「The housing-related business performed at the same level as in the previous period.」
The housing-related market was described as performing at the same level as in the previous period, continuing the view expressed in the previous quarter. - FY2022-Q3MitigatedAnnual report
「During the cumulative period, industry trends surrounding the Group remained favorable compared with the previous period in the environmental and energy-related, aerospace, transportation and logistics, and machinery and equipment businesses, while the housing-related business remained broadly in line with the previous period.」
The housing-related market, which had been described as difficult through the previous quarter, was reported to have performed at the same level as the previous period this time, indicating a perception that the weakness in the housing-related market had subsided. - FY2022-Q2RestatedAnnual report
「The aerospace and defense, housing-related, and transportation and logistics sectors remained difficult, affected by the spread of COVID-19, as in the previous period.」
The housing-related market was described as remaining difficult due to the impact of COVID-19, as in the previous period. - FY2022-Q1RestatedAnnual report
「The aerospace and defense, housing-related, and transportation and logistics sectors remained difficult, affected by the spread of COVID-19, as in the previous period.」
The housing-related market was described as remaining difficult due to the impact of the spread of COVID-19, as in the previous period. - FY2021-Q3RestatedAnnual report
「For molds, in addition to a decline in housing-related aluminum extrusion molds and other products due to reduced housing starts and sluggish demand for industrial products caused by the spread of COVID-19」
The decline in housing starts, sluggish demand for industrial products and decline in housing-related aluminum extrusion molds continue to be cited as factors behind weakness in the housing-related market. - FY2021-Q2WorsenedAnnual report
「For molds, in addition to a decline in housing-related aluminum extrusion molds and other products due to reduced housing starts and stagnant demand for industrial products caused by the spread of COVID-19」
For the housing-related market, the disclosure cited a decline in molds caused by the subsiding Olympic-related demand and sluggish orders, as well as the spread of COVID-19, fewer housing starts and stagnant demand for industrial products. - FY2021-Q1WorsenedAnnual report
「For molds, in addition to a year-on-year decline in housing-related aluminum extrusion molds and other products due to the spread of COVID-19」
For the housing-related market, a decline in aluminum extrusion molds due to the spread of COVID-19 was disclosed in addition to the previously cited sluggish orders and subsiding demand. - FY2020-Q3WorsenedAnnual report
「For molds, orders for aluminum extrusion molds for housing-related applications remained sluggish for both residential and industrial products」
For the housing-related market, the disclosure moves from a statement that conditions were difficult compared with the previous period to the specific impact of sluggish orders for aluminum extrusion molds for residential and industrial products. - FY2020-Q2WorsenedAnnual report
「For molds, demand for aluminum extrusion molds for housing-related applications remained sluggish as demand associated with the Olympics and other events subsided」
For the housing-related market, the disclosure moves from a general statement that conditions were difficult compared with the previous period to the specific impact of sluggish demand for housing-related aluminum extrusion molds as demand associated with the Olympics and other events subsided. - FY2020-Q1First statedAnnual report
「The housing-related, transportation and logistics-related and machinery sales-related businesses remained challenging compared with the previous fiscal year.」
Weak industry trends in the housing-related business were initially identified as a standalone external market risk.