Decline in subdivision lots, decrease in tenants, and rent reductions in the real estate business
First written in FY2017. 6 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 4 of 11 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision developments, while the rental division may be affected by factors such as fewer residents and rent reductions resulting from changes in economic conditions. These factors may reduce rental revenue and affect the operating results, financial position and cash flows of the group.」
The company continues to disclose the risk of lower real estate revenue due to a decline in subdivision developments, fewer residents and rent reductions. - FY2022RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision developments, while the rental division may be affected by factors such as fewer residents and rent reductions resulting from changes in economic conditions. These factors may reduce rental revenue and affect the operating results, financial position and cash flows of the group.」
The company continues to disclose the risk of lower real estate revenue due to a decline in subdivision developments, fewer residents and rent reductions. - FY2021RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision land, while the rental division may be affected by a decline in tenants and rent reductions resulting from changes in economic conditions. These factors may reduce rental income and affect the Group’s operating results and financial position.」
The company continues to disclose the risk of lower real estate revenue due to a decline in subdivision developments, fewer residents and rent reductions. - FY2020RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision land, while the rental division may be affected by a decline in tenants and rent reductions resulting from changes in economic conditions. These factors may reduce rental income and affect the Group’s operating results and financial position.」
The company continues to disclose the risk of lower real estate revenue due to a decline in well-located subdivision developments, fewer residents and rent reductions. - FY2019RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision land, while the rental division may be affected by a decline in tenants and rent reductions resulting from changes in economic conditions. These factors may reduce rental income and affect the Group’s operating results and financial position.」
The company continues to disclose the risk of lower real estate revenue due to a decline in subdivision developments, fewer residents and rent reductions. - FY2018RestatedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision land, while the rental division may be affected by a decline in tenants and rent reductions resulting from changes in economic conditions. These factors may reduce rental income and affect the Group’s operating results and financial position.」
The Company reiterates the decline in subdivision land, the decline in tenants, and rent reductions as risks to income in the real estate business. - FY2017First statedAnnual report
「In the real estate business, the sales division may be affected by a decline in well-located residential subdivision land, while the rental division may be affected by a decline in tenants and rent reductions resulting from changes in economic conditions. These factors may reduce rental income and affect the Group’s operating results and financial position.」
The Company discloses a decline in well-located subdivision land, a decline in tenants of rental properties, and rent reductions as factors that could reduce income in the real estate business.