Decline and normalization in refinancing demand
First written in FY2018-Q3. 6 of 13 entries say "Advanced", first in FY2018. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Significant recovery in refinancing originationsAnnual report
「Refinancing 394 317.7%」
Refinancing originations increased from 124 in the previous fiscal year to 394, equivalent to 317.7% of the prior-year level. Full-year results showed a strong recovery from the longer-term stabilization trend. - FY2025Modest recovery in refinancing originationsAnnual report
「Refinancing 124 106.9%」
Refinancing originations increased from 116 in the previous fiscal year to 124, equivalent to 106.9% of the prior-year level. Full-year results showed a modest recovery amid a longer-term stabilization trend. - FY2024AdvancedAnnual report
「Refinancing 116 30.2%」
Refinancing originations declined from 384 in the previous fiscal year to 116, equivalent to 30.2% of the prior-year level. The full-year results showed further stabilization in refinancing demand. - FY2023AdvancedAnnual report
「Refinancing 384 43.5%」
Refinancing originations totaled 384 in the fiscal year ended March 2023, further declining from 883 in the previous fiscal year. - FY2022AdvancedAnnual report
「Refinancing 883 86.0%」
Refinancing originations totaled 883 in the fiscal year ended March 2022, down from 1,027 in the previous fiscal year and equivalent to 86.0% of the prior-year level. - FY2021AdvancedAnnual report
「Refinancing 1,027 73.6%」
Refinancing originations declined from 1,395 in the previous fiscal year to 1,027, equivalent to 73.6% of the prior-year level. The full-year results provided further evidence of the post-boom decline and stabilization in refinancing demand. - FY2020Refinancing originations recovered year on yearAnnual report
「Refinancing 1,395 122.3%」
Refinancing originations totaled 1,395, up from 1,141 in the previous fiscal year and equivalent to 122.3% of the prior-year level. Full-year results showed a recovery from the previous one-way decline in refinancing demand. - FY2019AdvancedAnnual report
「Refinancing 1,141 63.5% year on year」
Refinancing originations declined from 1,797 in the previous fiscal year to 1,141, updating the full-year record of the post-boom decline in refinancing demand. - FY2019-Q3RestatedAnnual report
「In addition to the continuing downward trend in refinancing demand from the previous fiscal year, the decline in originations of investment condominium loans and other factors resulted in total loan originations during the nine months ended 31 December increasing 3.5% from the prior-year period.」
The downward trend in refinancing demand continued. No quantified decline was provided, so it was not quantified, but the actual decline in demand had materialized. - FY2019-Q2RestatedAnnual report
「In addition to the continuing downward trend in refinancing demand from the previous fiscal year, the decline in originations of investment condominium loans and other factors resulted in total loan originations during the six months ended 30 September increasing 4.3% from the prior-year period.」
Refinancing demand continued to decline, but total loan originations increased 4.3% year on year. - FY2019-Q1RestatedAnnual report
「In addition to the continuing downward trend in refinancing demand from the previous fiscal year, the decline in originations of investment condominium loans and other factors left total loan originations during the three months ended 30 June broadly flat compared with the first quarter of the previous fiscal year.」
Refinancing demand continued to decline during the quarter, but no new figure or further stage of deterioration was reported. - FY2018AdvancedAnnual report
「The number of refinancing loans originated declined substantially from the previous fiscal year.」
For the full year, refinancing originations declined from 9,690 to 1,797, representing 18.5% of the prior-year level. - FY2018-Q3First statedAnnual report
「Refinancing demand, which had risen rapidly in the previous fiscal year as housing loan interest rates declined, has now settled.」
The Company also described refinancing demand as having declined substantially because of the reaction from the previous fiscal year.