Komori
Tsukamoto Corporation (8025) · RiskRestated

Intensifying Competition in Real Estate Leasing and Deteriorating Lease Terms

First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2023.

9entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020MaterialisedFY2022-Q2 – FY20222016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 220222023: 12023
Same theme, other companies
Leasing Business Operating Risk from Changes in Lease Terms and Supply and DemandA theme 34 companies write about · 35 as a headwind · 0 as a tailwind

Tsukamoto Corporation moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).

The whole theme swung hardest in 2020: 10 of 28 companies on the "Worse" side.

15 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「The Group owns rental properties in Tokyo that generate rental income. Worsening rental terms due to intensifying competition, fluctuations in land prices, earthquakes and other disasters in the relevant areas, deterioration in regional economies, or other factors could affect the Group's operating results, financial position, and other matters.」

    The risks of worsening rental terms due to competition, land prices, disasters, and regional economic conditions in real estate leasing continue.
  2. FY2022MaterialisedAnnual report

    「The building leasing business reported lower sales and lower profit due to vacancies at some properties.」

    The continued occurrence of vacancies at some properties has resulted in an actual decline in rental income, reflecting the risk.
  3. FY2022-Q3MaterialisedAnnual report

    「The building leasing business reported lower sales and lower profit due to vacancies at some properties.」

    Vacancies at some properties resulted in lower sales and lower profit in the leasing business, and the deterioration in rental terms and occupancy has continued.
  4. FY2022-Q2MaterialisedAnnual report

    「The building leasing business generally remained solid, but vacant tenants at some properties resulted in lower sales and lower profit.」

    Vacancies at some properties emerged, with deterioration in rental terms and occupancy reflected in lower sales and lower profit in the leasing business.
  5. FY2020RestatedAnnual report

    「The Group owns rental properties in Tokyo that generate rental income. Worsening rental terms due to intensifying competition, fluctuations in land prices, earthquakes and other disasters in the relevant areas, deterioration in regional economies, or other factors could affect the Group's operating results, financial position, and other matters.」

    In addition to intensifying competition, fluctuations in land prices, earthquakes and other disasters, and deterioration in regional economies are identified as factors that could worsen rental terms.
  6. FY2019RestatedAnnual report

    「The possibility of being affected by worsening rental terms resulting from intensifying competition in real estate leasing」

    The possibility of intensifying competition and worsening rental terms in real estate leasing is reiterated.
  7. FY2018RestatedAnnual report

    「The possibility of being affected by worsening rental terms resulting from intensifying competition in real estate leasing」

    The possibility of intensifying competition and worsening rental terms in the real estate leasing market is reiterated.
  8. FY2017RestatedAnnual report

    「The possibility of being affected by worsening rental terms resulting from intensifying competition in real estate leasing」

    The possibility of intensifying competition and worsening rental terms in the real estate leasing market is reiterated.
  9. FY2016First statedAnnual report

    「The possibility of being affected by worsening rental terms resulting from intensifying competition in real estate leasing」

    The company anticipates worsening terms due to intensifying competition in the rental market.
Moved together

"Revenue Base from the Real Estate Leasing Business" moved the same way as this thread, in the same document, in 3 of its 9 moves.

333333★123456
  1. ★This thread
  2. 1Revenue Base from the Real Estate Leasing Business3×
  3. 2Restructuring Sales Channels and Product Mix in the Apparel Business and Improving Profitability3×
  4. 3Private Consumption Trends Driven by Domestic Economic Fluctuations3×
  5. 4Securing Liquidity by Reducing Outstanding Receivables and Inventory3×
  6. 5Risk of continued unprofitability in the kimono business and delays in transitioning to non-event business3×
  7. 6Overseas Procurement Risks Related to Foreign Exchange, Local Costs and Production Management3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tsukamoto Corporation yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.