Shortage of High-Quality Cemeteries and Burial Sites and Development Regulations
First written in FY2016. 4 of 7 entries say "Worsened", first in FY2018. Latest entry: FY2024.
Hasegawa moved to the "Worse" side of this theme in 2018.
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「However, companies whose businesses are entirely different from ours are also stepping up efforts to develop tree-burial cemeteries. Promoting these efforts with a sense of urgency, particularly through the sales division, and securing tree-burial cemetery sites in more favorable locations have become essential challenges.」
Explicitly identified the shortage of cemeteries and burial sites, intensifying competition to develop tree-burial cemeteries, including by companies from other industries, and the need to secure sites in favorable locations. - FY2023RestatedAnnual report
「New development of cemeteries by religious corporations has become more difficult than in the past due to tighter cemetery development regulations imposed by local governments and disputes between developers and neighboring residents.」
Continues to identify the shortage of high-quality cemeteries and burial sites resulting from tighter cemetery development regulations and disputes with neighboring residents. - FY2022WorsenedAnnual report
「The market remains saturated, and differentiating the facilities for which we provide consignment sales from those operated by other companies has become an issue.」
The company stated that the market is saturated due to excess supply of automated transport-style ossuaries, and that differentiating consignment-sales facilities is an issue. - FY2021WorsenedAnnual report
「As a result, automated transport-style ossuaries have attracted attention as new facilities for housing cremated remains in place of cemeteries, and new facilities are opening one after another, mainly in the Tokyo metropolitan area. The number of such facilities has been on an even stronger upward trend over the past 2 to 3 years, and the competitive environment is intensifying.」
In addition to the shortage of high-quality cemeteries caused by development restrictions, the company stated that the number of new automated transport-style ossuaries is increasing and competition is intensifying. - FY2018WorsenedAnnual report
「However, the development of new cemeteries by religious corporations has become more difficult than in the past due to tighter local-government regulations on cemetery development and disputes between developers and nearby residents. If sufficient high-quality cemeteries and burial sites cannot be secured in the future, this could affect the company's results.」
The company stated that new cemetery development has become more difficult due to disputes between developers and nearby residents, in addition to the tightening of development regulations. - FY2017RestatedAnnual report
「Regarding developments related to gravestone sales, demand for easily accessible cemeteries is increasing due to population concentration in urban areas and an ageing population, while regulations on cemetery development are being tightened, particularly in urban areas. As a result, there is a shortage of cemeteries that meet customer needs.」
Development regulations have been tightened in response to demand for conveniently located cemeteries, and the shortage of high-quality cemeteries continues to be cited. - FY2016First statedAnnual report
「Regarding developments related to gravestone sales, demand for easily accessible cemeteries is increasing due to population concentration in urban areas and an ageing population, while regulations on cemetery development are being tightened, particularly in urban areas. As a result, there is a shortage of cemeteries that meet customer needs.」
The statement indicates that necessary cemeteries are in short supply as regulations have been tightened in response to rising demand.