Changes in Hostel Development, Real Estate Prices and Sales Schedules
First written in FY2018. 7 of 13 entries say "Restated". Latest entry: FY2025.
and factory,inc moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2020: 2 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The Group’s development of &AND HOSTEL accommodation facilities is conducted through the sale and brokerage of real estate developed by the Group as hostels. It therefore tends to be susceptible to trends in the construction and real estate markets, including fluctuations in material prices, construction costs and real estate prices; trends in the travel market, including fluctuations in the supply and demand for accommodation facilities and the number of travelers; and financial conditions such as interest rates. These factors may affect the Group’s business plans and financial results.」
The risks relating to hostel development, real estate prices and sales schedules are described as part of the accommodation industry and real estate market risks in the RET business. - FY2024MaterialisedAnnual report
「In addition, following the sale on 30 August 2024 of a property held and operated by the Company, the sale of all properties purchased and held for the development of &AND HOSTEL was completed.」
Although the sale of all real estate held for sale for development was completed, an impairment loss of ¥310.726 million was recognized in connection with the sales. The risks of fluctuations in sales prices and carrying values materialized in the results. - FY2024-Q1MaterialisedAnnual report
「The Company was conducting sales activities for properties purchased and held for the development of &AND HOSTEL, and recognized an impairment loss on real estate held for sale in the cumulative first quarter under review following the decision to sell certain properties.」
An impairment loss of ¥310.726 million was recognized in connection with sales activities for real estate held for sale. The risks of fluctuations in sales prices and carrying values actually materialized as an impairment loss. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2020MaterialisedAnnual report
「From the third quarter onward, all planning and development projects were delayed or cancelled due to the impact of COVID-19.」
All hostel planning and development projects were actually delayed or cancelled. - FY2020-Q3MaterialisedAnnual report
「During the cumulative third quarter under review, the Company continued planning and developing &AND HOSTEL, a smart hostel and IoT-enabled accommodation facility on which it focuses. However, due to the impact of COVID-19, all planning and development projects were delayed or cancelled.」
Delays and cancellations of hostel development projects actually occurred. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2019RestatedAnnual report
「The Company tends to be susceptible to trends in the construction and real estate markets, including fluctuations in material prices, construction costs and real estate prices; trends in the travel market, including fluctuations in the supply and demand for accommodation facilities and the number of travelers; and financial conditions such as interest rates. These factors may affect the Company’s business development and financial results.」
The risks relating to fluctuations in construction and real estate prices, travel demand, interest rates and sales schedules in hostel development are reiterated. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure explicitly states that there have been no material changes in the risks relating to hostel development, real estate prices and sales schedules. - FY2018First statedAnnual report
「The Company tends to be susceptible to trends in the construction and real estate markets, including fluctuations in material prices, construction costs and real estate prices; trends in the travel market, including fluctuations in the supply and demand for accommodation facilities and the number of travelers; and financial conditions such as interest rates. These factors may affect the Company’s business development and financial results.」
The disclosure describes the potential impact on sales prices, impairment losses, gains on sales, sales schedules and cash flows.