Residential property market stagnation due to the slowdown in the Australian economy
First written in FY2024-Q2. 1 of 4 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Deteriorating conditions for large-project ordersAnnual report
「In Australia, a major country, sales in local-currency terms declined, mainly because difficult conditions for winning large projects involving IP network-enabled intercom systems led to lower delivery values.」
The disclosure was updated to reflect a decline in sales in Australia as conditions for winning large projects involving IP network-enabled systems became difficult, despite support for the business market from public-sector and other demand. - FY2025MitigatedAnnual report
「In Australia, a major country, although intense competition with rival companies affected the apartment market, sales in the business market remained strong, mainly for IP network-enabled intercom systems, supported by continued solid public-sector demand, and sales in local-currency terms increased.」
In Australia, although stagnation in the residential property market and competitive pressure persisted, business-market sales were strong, supported by public-sector demand, and Oceania sales increased 11.4%. - FY2024-Q3MaterialisedAnnual report
「In Oceania, centered on Australia, sales declined substantially as stagnation in the residential property market caused by the slowdown in the domestic economy had a significant impact.」
The slowdown in the Australian economy and stagnation in the residential property market were reflected in a substantial decline in sales in Oceania. - FY2024-Q2First statedAnnual report
「This was due to a decline in sales resulting from stagnation in the residential property market caused by the slowdown in the Australian economy.」
The slowdown in the Australian economy and stagnation in the residential property market were identified for the first time as a separate risk theme contributing to lower sales in the region.