Risk of a real estate downturn due to oversupply following the Tokyo Olympics
First written in FY2018-Q1. 1 of 4 entries say "Restated". Latest entry: FY2019-Q2.
No other company in this theme has enough history to compare yet.
- FY2019-Q2DroppedAnnual report
「Following the transfer of the WEB Business, the risks titled “(5) Risks relating to the WEB Business” and “(15) Risk of personal information leakage” no longer apply.」
Following the transfer of the WEB Business, the disclosures concerning risks related to that business were removed. - FY2019-Q1MaterialisedAnnual report
「The WEB Business is experiencing greater-than-expected pressure on earnings from changes in the real estate investment environment and intensifying competition in the industry.」
In addition to the real estate market environment as a conventional future risk, the company cited changes in the real estate investment environment as an event that is actually pressuring earnings in the WEB Business. - FY2018-Q3RestatedAnnual report
「The company expects business to remain strong due to redevelopment and other projects ahead of the 2020 Tokyo Olympics, but there is a risk of a real estate downturn caused by excess supply thereafter.」
The company continues to cite the risk of a downturn in the real estate market caused by excess supply after the 2020 Tokyo Olympics. - FY2018-Q1First statedAnnual report
「The company expects business to remain strong due to redevelopment and other projects ahead of the 2020 Tokyo Olympics, but there is a risk of a real estate downturn caused by excess supply thereafter.」
The company states that the real estate market related to the acquired Iekare business faces a risk of a downturn caused by excess supply after the 2020 Tokyo Olympics.