Decline in rental housing starts due to stricter lending assessments by financial institutions
First written in FY2020-Q2. 3 of 5 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023DroppedAnnual reportThe risks in the operating environment and business for the current fiscal year do not specifically mention a decline in rental housing starts due to the stricter assessment stance of financial institutions.
- FY2021RestatedAnnual report
「Housing investment is expected to remain generally weak, against a backdrop that includes financial institutions continuing to take a more cautious stance toward lending for apartment construction.」
The company continues to recognize that financial institutions' increasingly cautious lending stance is contributing to weak housing investment and rental housing starts. - FY2020RestatedAnnual report
「The number of new housing starts continued to decline as financial institutions tightened their assessments of apartment loans, falling below the previous year both nationwide and in Hokkaido, the company's primary market.」
The company continues to recognize that stricter assessments of apartment loans by financial institutions are affecting declines in rental housing and housing starts. - FY2020-Q3RestatedAnnual report
「The housing market is on a downward trend, reflecting a decline in new rental housing starts against a backdrop of stricter apartment-loan screening by financial institutions, as well as the completion of the surge in condominium starts.」
The company continues to recognize that stricter assessments of apartment loans by financial institutions are affecting the decline in new rental housing construction. - FY2020-Q2First statedAnnual report
「Rental housing starts have remained below the previous year, partly due to the stricter assessment stance of financial institutions.」
The company stated that the stricter assessment stance of financial institutions was affecting the decline in rental housing starts.