Addressing refinancing demand centered on Flat 35
First written in FY2017-Q3. 27 of 40 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「The number of loans executed for the core product MSJ Flat 35 increased 3.0% year on year. In addition, the average loan amount rose as housing prices surged, resulting in a 14.0% increase in the total loan amount and contributing to higher loan fee income.」
The number of loans executed for MSJ Flat 35 increased 3.0% year on year, and the total loan amount also rose 14.0%. The disclosure states that the rise in average loan amounts against a backdrop of surging housing prices boosted loan fee income. - FY2026AdvancedAnnual report
「In the national mortgage market, floating-rate mortgage rates were trending upward, gradually narrowing the gap between fixed-rate and floating-rate mortgages. As a result, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, began to recover. Loan originations during the current fiscal year, excluding bank agency loan products and partner loan products, increased 5.6% year on year, with loan originations for the core product MSJ Flat 35 also increasing.」
The Flat 35 market's recovery contributed to a 5.6% year-on-year increase in the relevant loan originations, and the core MSJ Flat 35 product also recorded an increase. - FY2026-H1AdvancedAnnual report
「In the national mortgage market, floating-rate mortgage rates were trending upward, gradually narrowing the gap between fixed-rate and floating-rate mortgages. As a result, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, began to recover. Loan originations during the first half of the current fiscal year, excluding bank agency loan products and partner loan products, increased 0.4% year on year, with loan originations for the core product MSJ Flat 35 increasing particularly strongly.」
The Flat 35 market began to recover, and the relevant loan originations increased 0.4% year on year. The report states that loan originations for the core product MSJ Flat 35 increased particularly strongly. - FY2025-H1AdvancedAnnual report
「However, the company offset this by strengthening sales of proprietary loan products, limiting the decline in its loan originations during the first half of the current fiscal year, excluding bank agency loan products and partner loan products, to 11.3% year on year.」
Amid a sharply sluggish Flat 35 market, the company strengthened sales of proprietary loan products and limited the decline in loan originations to 11.3% year on year. - FY2024AdvancedAnnual report
「Regarding sales locations, the company opened 7 new stores during the current fiscal year. In the national mortgage market, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, declined sharply as the interest-rate gap between fixed-rate and floating-rate mortgages widened. This created a difficult operating environment for mortgage banks specializing in home loans. In this environment, the company advanced the diversification of its mortgage products, including proprietary loan products launched in the previous fiscal year. Loan originations during the current fiscal year, excluding bank agency loan products and partner loan products, declined 22.3% year on year. However, the company maintained its loan fee rate, and interest and other income increased through steady accumulation of revenue from new products, contributing to performance.」
The company opened 7 new stores, diversified its mortgage products, maintained its loan fee rate and accumulated revenue from new products. Despite a 22.3% year-on-year decline in loan originations, the housing finance business recorded higher revenue and higher profit. - FY2024-Q3Interest and other income increased despite lower loan originationsAnnual report
「Loan originations during the first 3 quarters of the current fiscal year, excluding bank agency loan products and partner loan products, declined 22.9% year on year. However, the company maintained its loan fee rate, and interest and other income increased through steady accumulation of revenue from new products.」
Loan originations declined 22.9% year on year, while the company maintained its loan fee rate and interest and other income increased through the accumulation of revenue from new products. - FY2024-Q2Opened 5 new stores, while the decline in loan originations widenedAnnual report
「Regarding sales locations, the company opened 5 new stores during the first 2 quarters of the current fiscal year. In the national mortgage market, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, declined sharply as the interest-rate gap between fixed-rate and floating-rate mortgages widened. This created a difficult operating environment for mortgage banks specializing in home loans. In this environment, the company advanced the diversification of its mortgage products, including proprietary loan products launched in the previous fiscal year, and performed relatively well, but its loan originations during the first 2 quarters of the current fiscal year, excluding bank agency loan products and partner loan products, declined 22.9% year on year.」
The company opened 5 new stores and advanced product diversification, including proprietary loans, but loan originations declined 22.9% year on year amid the sharp deterioration in the Flat 35 market, a wider decline than the 21.4% decline in the previous quarter. - FY2024-Q1The decline in loan originations widened amid a sluggish Flat 35 marketAnnual report
「In the national mortgage market, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, declined sharply as the interest-rate gap between fixed-rate and floating-rate mortgages widened. This created a difficult operating environment for mortgage banks specializing in home loans. In this environment, the company advanced the diversification of its mortgage products, including proprietary loan products launched in the previous fiscal year, and performed relatively well, but loan originations during the first quarter of the current fiscal year, excluding bank agency loan products and partner loan products, declined 21.4% year on year.」
As the Flat 35 market deteriorated sharply because the interest-rate gap between fixed-rate and floating-rate mortgages widened, the company advanced product diversification, including proprietary loans, but loan originations declined 21.4% year on year. - FY2023The decline in full-year loan originations widened, resulting in lower revenue and lower profitAnnual report
「The company pursued higher value added through consulting and other services and differentiation through product strength, while advancing product diversification, including by beginning to offer new proprietary loan products. Loan originations during the current fiscal year, excluding bank agency loan products and partner loan products, declined 16.2% year on year. Amid intensifying competition over loan fees, the company maintained its loan fee rate and worked to improve profitability by reducing selling, general and administrative expenses.」
The company advanced product diversification, differentiation through consulting and other services, maintenance of its loan fee rate and reductions in selling, general and administrative expenses, but loan originations declined 16.2% year on year, resulting in lower revenue and lower profit in the housing finance business. - FY2023-Q3Loan originations declined, while operating profit increased slightlyAnnual report
「The national market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, contracted, but the company pursued differentiation through higher value added from consulting and other services and stronger products, while product diversification also progressed. Loan originations during the first 3 quarters of the current fiscal year, excluding bank agency loan products and partner loan products, declined 13.7% year on year. Amid intensifying fee competition in the mortgage industry, the company maintained its loan fee rate and worked to improve profitability by reducing selling, general and administrative expenses.」
Against a contracting Flat 35 market, loan originations declined 13.7% year on year, but the company advanced consulting, product diversification, maintenance of its fee rate and reductions in selling, general and administrative expenses. The housing finance business recorded operating revenue of ¥2,491,724 thousand and operating profit of ¥833,411 thousand, with operating profit up 0.5%. - FY2023-Q2AdvancedAnnual report
「In the housing finance business, to achieve sustained business growth, the company leveraged its strengths, including its broad product lineup and consulting capabilities, to promote management support and assistance for housing companies. Regarding sales locations, it opened 6 new stores during the first 2 quarters of the current fiscal year. The national market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, contracted, but the company pursued differentiation through higher value added from consulting and other services and stronger products, while continuing to advance product diversification. Loan originations during the first 2 quarters of the current fiscal year, excluding bank agency loan products and partner loan products, declined 12.4% year on year. Amid intensifying fee competition in the mortgage industry, the company maintained its loan fee rate and worked to improve profitability by reducing selling, general and administrative expenses.」
The company opened 6 new stores during the first 2 quarters and continued to differentiate itself through product diversification and consulting. Loan originations declined 12.4% year on year, but the company maintained its loan fee rate and worked to improve profitability through reductions in selling, general and administrative expenses. - FY2023-Q1Opened 2 stores and improved profitability despite a decline in loan originationsAnnual report
「In the housing finance business, to achieve sustained business growth, the company leveraged its strengths, including its broad product lineup and consulting capabilities, to promote management support and assistance for housing companies. Regarding sales locations, it opened 2 new stores during the first quarter of the current fiscal year. In the national mortgage market, the market for Flat 35, a fixed-rate mortgage offered jointly by the Japan Housing Finance Agency and private financial institutions, continued to contract. However, the number of MSJ Flat 35 originations declined only slightly, supported by higher value added through consulting and other services and product strength. Product diversification, which the company had been pursuing, also progressed, and loan originations during the first quarter of the current fiscal year, excluding bank agency loan products and partner loan products, declined 8.8% year on year. Amid intensifying fee competition in the mortgage industry, the company maintained its loan fee rate and worked to improve profitability by reducing selling, general and administrative expenses.」
The company opened 2 new stores and advanced product diversification and higher value added. Loan originations declined 8.8% year on year, but the company maintained its loan fee rate and worked to improve profitability by reducing selling, general and administrative expenses. - FY2022-Q3AdvancedAnnual report
「Regarding sales locations, the 8 agency-operated stores opened in the previous fiscal year became fully operational, and the company opened 12 new stores during the first 3 quarters of the current fiscal year to improve convenience for housing companies and strengthen its sales organization.」
In addition to the full-scale operation of the 8 agency stores opened in the previous fiscal year, the company opened 12 new stores during the first 3 quarters and expanded its sales locations. - FY2022-Q2AdvancedAnnual report
「In the housing finance business, to achieve sustained business growth, the company leveraged its strengths, including its broad product lineup and consulting capabilities, to promote management support and assistance for housing companies. Regarding sales locations, the 8 agency-operated stores opened in the previous fiscal year became fully operational, and the company opened 10 new stores during the first 2 quarters of the current fiscal year to improve convenience for housing companies and strengthen its sales organization.」
In addition to the full-scale operation of the 8 agency stores opened in the previous fiscal year, the company opened 10 new stores during the first 2 quarters and expanded its sales locations. - FY2022-Q1AdvancedAnnual report
「In the housing finance business, the company leveraged its strengths, including its broad product lineup and consulting capabilities, to promote management support and assistance for housing companies and pursue sustained business growth. Regarding sales locations, the 8 agency-operated stores opened in the previous fiscal year became fully operational, and the company opened 6 new stores during the first quarter of the current fiscal year to improve convenience for housing companies and strengthen its sales organization.」
In addition to the full-scale operation of the 8 stores opened in the previous fiscal year, the company opened 6 new agency-operated stores in the first quarter and expanded its sales organization. - FY2021AdvancedAnnual report
「Loan originations for the core product MSJ Flat 35, the related proprietary mortgage product MSJ Flat 35 Best Mix, MSJ proprietary bridging loans and other products remained solid, and loan originations during the current fiscal year, excluding bank agency loan products and partner loan products, increased 8.6% year on year. In addition, the company opened 8 new agency-operated stores, worked to improve convenience for housing companies and homebuyers and strengthen its sales organization, and worked to decentralize the underwriting function that had been concentrated at headquarters as a measure against COVID-19 and other risks.」
Loan originations increased 8.6% year on year, and the company opened 8 new agency-operated stores. It also worked to decentralize the underwriting function from its previous concentration at headquarters and expand its sales and underwriting structure. - FY2021-Q3AdvancedAnnual report
「In the housing finance business, management support for housing companies through the diverse product lineup in which the company has long invested, together with the full-scale operation of the 8 new stores opened in the previous fiscal year, proved effective. Loan originations for the core product MSJ Flat 35, the related proprietary mortgage product MSJ Flat 35 Best Mix, MSJ proprietary bridging loans and other products remained solid. Loan originations during the first 3 quarters of the current fiscal year, excluding bank agency loan products and partner loan products, increased 10.9% year on year. In addition, to further improve convenience for housing companies and homebuyers and expand the business, the company opened 8 new agency-operated stores, further strengthened its sales organization, and worked to decentralize the underwriting function that had been concentrated at headquarters as a measure against COVID-19 and other risks.」
In addition to the full-scale operation of the 8 stores opened in the previous fiscal year, the company opened 8 new agency-operated stores, and loan originations increased 10.9% year on year. It also worked to strengthen its sales organization and decentralize the underwriting function from its previous concentration at headquarters. - FY2021-Q2AdvancedAnnual report
「In addition, to further improve convenience for housing companies and homebuyers and expand the business, the company opened 4 new agency-operated stores, further strengthened its sales organization, and worked to decentralize the underwriting function that had been concentrated at headquarters as a measure against COVID-19 and other risks.」
In addition to opening 4 new agency-operated stores, the company worked to decentralize the underwriting function from its previous concentration at headquarters and put its sales and underwriting structure into practice. - FY2021-Q1AdvancedAnnual report
「In the housing finance business, management support for housing companies through the diverse product lineup in which the company has long invested, together with the full-scale operation of the 8 new stores opened in the previous fiscal year, proved effective. Despite the spread of COVID-19, loan originations for the core product MSJ Flat 35 and the related proprietary mortgage product MSJ Flat 35 Best Mix increased significantly. Loan originations during the first quarter of the current fiscal year, excluding bank agency loan products and partner loan products, increased 30.4% year on year and remained solid. In addition, to further improve convenience for housing companies and homebuyers and expand the business, the company opened 4 new agency-operated stores and strengthened its sales organization.」
In addition to the full-scale operation of the 8 stores opened in the previous fiscal year, the company opened 4 new agency-operated stores, while loan originations increased 30.4% year on year. - FY2020AdvancedAnnual report
「Meanwhile, the number of loan originations for Best Mix, a proprietary mortgage product combined with Flat 35 that the company began offering as a new product in the previous fiscal year, also increased significantly.」
The number of Best Mix loan originations increased significantly, and the benefits of product expansion beyond the previous approach centered on Flat 35 advanced further. - FY2020AdvancedAnnual report
「In the housing finance business, the 9 new agency stores opened mainly in the Tokyo metropolitan area during the current fiscal year became fully operational in the second half. Demand for home loans from new homebuyers remained solid, and the number of Flat 35 loan originations for new homebuyers reached a record high. Bridging loans provided before Flat 35 loans were originated also grew significantly, and both contributed to higher revenue.」
The 9 new agency stores, mainly in the Tokyo metropolitan area, became fully operational in the second half, and Flat 35 loan originations for new homebuyers remained at a record high. Bridging loans also grew significantly and contributed to higher revenue. - FY2020-Q3RestatedAnnual report
「In the housing finance business, the number of loan originations for Flat 35, the core product, remained solid.」
The company continues to recognize that the number of loan originations for Flat 35, its core product, remained solid. - FY2020-Q2RestatedAnnual report
「In the housing finance business, the number of loan originations for Flat 35, the core product, remained solid.」
The company continues to recognize that the number of loan originations for Flat 35, its core product, remained solid. - FY2020-Q1RestatedAnnual report
「In the housing finance business, the number of loan originations for Flat 35, the core product, remained solid.」
The company continues to recognize that the number of loan originations for Flat 35, its core product, remained solid. - FY2019AdvancedAnnual report
「In the housing finance business, the 20 stores newly opened in the previous fiscal year, including directly operated and agency stores, became fully operational during the current fiscal year. Demand for home loans from new homebuyers remained solid, and the number of Flat 35 loan originations for new homebuyers reached a record high.」
The 20 stores opened in the previous fiscal year became fully operational, and the number of Flat 35 loan originations for new homebuyers reached a record high. - FY2019-Q3RestatedAnnual report
「In the housing finance business, the 20 stores newly opened in the previous fiscal year began operating smoothly, and the number of loan originations for Flat 35, the core product, remained solid.」
The company reconfirmed the full-scale operation of the 20 stores opened in the previous fiscal year and the solid trend in Flat 35 loan originations. - FY2019-Q2RestatedAnnual report
「In the housing finance business, the 20 stores newly opened in the previous fiscal year began operating smoothly, and the number of loan originations for Flat 35, the core product, remained solid.」
The company reconfirmed the full-scale operation of the 20 stores opened in the previous fiscal year and the solid trend in Flat 35 loan originations. - FY2019-Q1AdvancedAnnual report
「In the housing finance business, the 20 stores newly opened in the previous fiscal year began operating smoothly, and the number of loan originations for Flat 35, the core product, remained solid.」
The 20 stores opened in the previous fiscal year began operating, and the number of Flat 35 loan originations remained solid. The effects of the store rollout are progressing. - FY2018-Q3AdvancedAnnual report
「Nevertheless, we opened 15 new stores and other locations during the current fiscal year. The effects of their full-scale operations have steadily begun to emerge, with Flat 35 loan applications from these locations gradually gaining traction, and the number of Flat 35 loans executed for purchasers of new homes remained firm.」
The number of new locations, including stores, increased from 12 in the second quarter to 15, with the report noting the start-up of projects as stores became fully operational and the steady trend in loan originations for new homebuyers. - FY2018-Q2AdvancedAnnual report
「Nevertheless, we opened 12 new stores and other locations during the current fiscal year. The effects of their full-scale operations have steadily begun to emerge, with Flat 35 loan applications from these locations gradually gaining traction, and the number of Flat 35 loans executed for purchasers of new homes remained firm.」
Twelve new stores and other locations were opened, loan applications began to gain traction as the stores moved into full-scale operation, and the number of loans executed for purchasers of new homes remained firm. - FY2018-Q1ReframedAnnual report
「In the Housing Finance Business, demand for home loans among purchasers of new homes remained firm, partly because the lending rates for our core product, Flat 35, continued at extremely low levels. At the same time, signs of a slowdown emerged in demand for Flat 35 refinancing, which had benefited from the prolonged low-interest-rate environment, and the total number of Flat 35 loans executed, including refinancings, declined substantially from the previous year’s corresponding period. Nevertheless, the effects of newly opened stores have begun to emerge, with Flat 35 loan applications from these stores gradually gaining traction. As a result, the number of Flat 35 loans executed for purchasers of new homes during the three-month period ended 30 June was the highest ever for a comparable quarter.」
While the total number of loans executed, including refinancings, declined substantially as refinancing demand subsided, applications from newly opened stores began to gain traction, and the number of loans executed for purchasers of new homes reached a record high for the corresponding quarter. The focus of the initiative has shifted from refinancing to also include expansion targeting purchasers of new homes. - FY2017AdvancedAnnual report
「We strengthened cooperation with money-lending agents and direct sales activities in the Tokyo metropolitan area, actively expanded sales and operations at new branches and company-operated stores, and focused throughout the year on developing refinancing demand. As a result, the number and amount of loans executed during the fiscal year reached record highs.」
Cooperation with agents, direct sales in the Tokyo metropolitan area, the rollout of new branches and company-operated stores, and the development of refinancing demand progressed, resulting in record-high numbers and amounts of loans executed. - FY2017-Q3First statedAnnual report
「Against this backdrop, we focused on actively addressing refinancing demand by providing life-planning proposals and other services in which we specialize. As a result, during the nine-month period ended 31 December, the number of Flat 35 loans executed increased substantially to 175.8% of the previous year’s level, while the amount executed rose to 171.3%.」
The company addressed refinancing demand through life-planning proposals and other services, and both the number and amount of Flat 35 loans executed increased year on year.