Risk of fewer housing and care market construction starts
First written in FY2017-Q2. 15 of 30 entries say "Restated". Latest entry: 2026-11-10.
Aiphone moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 5 of 15 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the housing market, new housing starts for both detached and multi-unit housing continued to trend downward, but renovation demand is expected to continue expanding against the backdrop of strong security needs. In the care market, new hospital construction starts also continued to trend downward.」
It reconfirms the structure in which declining new construction starts for housing and hospitals coexist with expected demand for renovation and monitoring support driven by security needs and the growing older population. - FY2026-H1RestatedAnnual report
「Although there is demand for monitoring support to address shortages of medical and care workers, sales declined due to the impact of fewer new construction starts.」
It reconfirms that, while demand for monitoring support exists against the backdrop of shortages of medical and care workers, fewer new construction starts in the care market are putting downward pressure on sales and revenue. - FY2025RestatedAnnual report
「In the housing market, new housing starts for both detached and multi-unit housing continued to trend downward, but renovation demand is expected to continue expanding against the backdrop of strong security needs. In the care market, new hospital construction starts also continued to trend downward.」
It reconfirms the coexistence of declining new construction starts for housing and hospitals with renovation and care demand driven by security needs and the growing older population. - FY2025-H1RestatedAnnual report
「In new construction, although housing starts corresponding to the timing of our deliveries declined and sales to condominiums for sale decreased, sales of our core products for rental condominiums remained strong, resulting in higher revenue.」
Although housing starts and sales to condominiums for sale continued to decline, strong sales of core products for rental condominiums resulted in higher revenue for the multi-unit housing market as a whole. - FY2024-Q3RestatedAnnual report
「Although hospital construction starts continued to decline, sales of IP network-enabled nurse call systems remained strong because they facilitate the easy sharing of on-site information, a strong need at hospitals and senior care facilities.」
While reconfirming that hospital construction starts continue to trend downward, it states that care market revenue is increasing due to strong sales of IP nurse-call systems. - FY2024-Q1RestatedAnnual report
「In the care market, although new hospital construction starts continued to trend downward, sales to hospitals and elderly facilities remained strong as a result of successful prior order-taking activities, resulting in a substantial increase in revenue.」
While the downward trend in hospital construction starts continued, sales to hospitals and elderly facilities and revenue increased substantially as a result of prior order-taking activities. - FY2023WorsenedAnnual report
「In the housing market, no increase in new housing starts can be expected for either detached or multi-unit housing, but renovation demand is expected to continue expanding against the backdrop of growing security needs. In addition, no increase in new hospital construction starts can be expected. Although demand itself is expanding at elderly facilities and other properties due to the growing older population, the market environment is expected to remain challenging due to shortages of care workers and other factors.」
It expressly states that increases in new construction starts for detached and multi-unit housing and hospitals cannot be expected, and reconfirms the difficult outlook for the care market, including shortages of care workers. - FY2023-Q2RestatedAnnual report
「In the care market, although new hospital construction starts and new applications for elderly facilities and other properties continued to trend downward and supply restrictions on some products arose due to component shortages, sales to hospitals and housing for older people remained strong as a result of successful prior order-taking activities, resulting in higher revenue.」
Although the downward trends in hospital construction starts and new applications for elderly facilities and other properties continue, prior order-taking activities have resulted in strong sales to hospitals and housing for older people and higher revenue. - FY2023-Q1RestatedAnnual report
「In the care market, although new hospital construction starts and new applications for elderly facilities and other properties continued to decline, sales to hospitals and housing for older people remained strong as a result of successful order-taking activities during the previous fiscal year, resulting in higher revenue.」
It reconfirms that new hospital construction starts and new applications for elderly facilities and other properties continue to trend downward, while sales in some areas were strong due to order-taking activities. - FY2022-Q3MaterialisedAnnual report
「In the care market, although no direct impact from the COVID-19 pandemic was apparent in new construction, new hospital construction starts and new applications for elderly facilities continued to decline. In addition, some products were affected by component shortages, and sales remained sluggish at hospitals, elderly facilities, and housing for older people, resulting in a substantial decline in revenue from the same period of the previous year.」
The downward trends in new hospital construction starts and new applications for elderly facilities continued, and component shortages also contributed to sluggish new-construction sales and a substantial decline in care market revenue. - FY2022-Q2RestatedAnnual report
「In the care market, the downward trend in new hospital construction starts and new applications for elderly facilities continued, and sales at hospitals, elderly facilities, and housing for older people all remained sluggish, resulting in a substantial decline in revenue.」
The downward trends in new hospital construction starts and new applications for elderly facilities continued, again emerging in actual results as sluggish new-construction sales and a substantial decline in care market revenue. - FY2022-Q1MaterialisedAnnual report
「In the care market, sales at hospitals, facilities for older people and housing for older people all remained sluggish in the new-build business due to a decline in the number of projects and competition with other companies, resulting in lower sales.」
The number of new construction projects at hospitals, elderly facilities, and housing for older people declined, emerging in actual results as sluggish sales and lower revenue. - FY2021-Q2MaterialisedAnnual report
「New housing starts in Japan declined from the same period of the previous year, partly due to uncertainty about the economic outlook.」
It states that the decline in domestic new housing starts also actually occurred during the cumulative second-quarter period. - FY2021-Q1MaterialisedAnnual report
「New housing starts in Japan declined from the same period of the previous year, partly due to uncertainty about the economic outlook.」
It states that the decline in domestic new housing starts actually occurred. - FY2020WorsenedAnnual report
「Although we are strengthening overseas sales and focusing on expanding sales in the renovation market, the decline in domestic new housing starts may affect our business results and other matters.」
It expressly identifies dependence on the domestic new housing market as a key risk, alongside responses through renovation and overseas sales. - FY2020-Q3MaterialisedAnnual report
「In the care market, although sales of housing for older people in new construction increased, sales declined due in part to fewer new hospital construction starts and sluggish sales to hospitals.」
It states that fewer new hospital construction starts led to sluggish sales to hospitals and lower new-construction sales in the care market. - FY2020-Q2MaterialisedAnnual report
「In the care market, although sales of housing for older people in new construction increased, sales declined because hospital construction starts decreased and sales to hospitals remained sluggish.」
It states that fewer new hospital construction starts led to sluggish sales to hospitals and lower new-construction sales in the care market. - FY2020-Q1RestatedAnnual report
「In new construction, construction starts for properties targeted for sale, including hospitals and housing for older people, remained sluggish,」
It reconfirms that the sluggishness in construction starts for hospitals and housing for older people continues. - FY2019-Q3RestatedAnnual report
「Hospital new-construction sales declined because the number of new hospital construction starts decreased.」
The decline in new hospital construction starts continues to emerge in actual results as lower new-construction sales. - FY2019-Q2MaterialisedAnnual report
「Although the number of new hospital construction starts declined, sales of both new construction and renovations increased through active order-taking activities. Sales of housing for older people declined because the number of projects targeted for delivery decreased for both new construction and renovations.」
It states that fewer new hospital construction starts and fewer projects targeted for delivery at housing for older people actually occurred, while hospital sales increased through order-taking activities. - FY2019-Q1MaterialisedAnnual report
「In the care market, sales of new construction declined because construction starts for properties targeted for sale, including hospitals and housing for older people, failed to grow.」
The sluggish growth in construction starts for hospitals and housing for older people has emerged in actual results as lower new-construction sales in the care market. - FY2018MaterialisedAnnual report
「In the domestic market, the growth in new rental housing starts has leveled off, and sales opportunities in new housing are expected to contract.」
It states that the growth in rental housing starts has leveled off and that sales opportunities in new housing are expected to contract. - FY2018-Q3MaterialisedAnnual report
「Regarding the environment surrounding our group, in Japan, total new housing starts declined slightly.」
The slight decline in domestic new housing starts actually occurred as the market environment during the quarter and was a factor behind lower sales in part of the housing market. - FY2018-Q2MaterialisedAnnual report
「In the care market, although sales in the hospital market increased amid a decline in hospital construction starts corresponding to the timing of our deliveries, sales declined because the number of properties for delivery at elderly facilities and housing for older people decreased.」
It states that fewer hospital construction starts and fewer properties targeted for delivery at elderly facilities and housing for older people actually occurred, leading to lower sales in part of the care market. - FY2018-Q1RestatedAnnual report
「In the care market, sales of new construction declined because the number of construction starts for properties targeted for sale, including hospitals and elderly facilities, decreased.」
It again states in the first quarter that fewer construction starts for hospitals and elderly facilities were a factor behind lower care market sales. - FY2017WorsenedAnnual report
「Although rental housing starts have temporarily increased due to the impact of amendments to the Inheritance Tax Act, the market is expected to contract over the long term from a supply-demand perspective.」
It notes that, while acknowledging the temporary increase in rental housing starts, the domestic housing market is expected to contract over the long term due to supply and demand. - FY2017-Q3RestatedAnnual report
「Sales declined at hospitals and elderly facilities due to fewer construction starts, which correspond to the timing of our deliveries.」
It again states that fewer construction starts in the care market were a factor behind lower sales of new construction. - FY2017-Q2First statedAnnual report
「Sales declined in both hospitals and elderly facilities and housing for older people due to fewer construction starts, which correspond to the timing of our deliveries.」
Fewer construction starts in the care market have actually emerged as lower sales. Meanwhile, an increase in housing starts in Japan is also noted.