Risk of Real Estate Market Deterioration and Declining Collateral Values
First written in FY2016. 28 of 36 entries say "Restated". Latest entry: 2026-08-06.
3 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial areas in the suburbs of central Tokyo have remained firm. However, going forward it will be necessary to closely monitor the impact of the aforementioned risks on real estate liquidity and prices.」
While land prices remain firm, the need to continue monitoring the impact of rising prices, U.S. trade policy, fluctuations in the financial capital markets and other factors on real estate liquidity and prices has been maintained. - FY2025WorsenedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but going forward, it will be necessary to closely monitor the impact of the aforementioned risks and other factors on real estate liquidity and prices.」
While land prices remain firm, rising prices, fluctuations in the foreign exchange and financial capital markets, U.S. trade policy and other factors have been identified as new factors requiring attention regarding their impact on real estate liquidity and prices. - FY2025-H1RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but going forward, in addition to the aforementioned risks, it will be necessary to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices.」
While land prices remain firm, the need to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices continues. - FY2024WorsenedAnnual report
「As of the date of submission of this report, the domestic economy has remained on a moderate recovery trend, supported by a recovery in personal consumption resulting from improvements in employment and income conditions and an increase in capital investment resulting from improved corporate earnings, among other factors. At the same time, in addition to the risk of a downturn in overseas economies due to the effects of global monetary tightening, concerns about the outlook for the Chinese economy and the situation in the Middle East, it will be necessary to closely monitor the impact of rising prices, changes in monetary policy and other factors on real estate liquidity and prices.」
While stating that land prices in the real estate market remain firm, the situation in the Middle East has been identified as a factor requiring attention in addition to the previous concerns about overseas economic conditions, the Chinese economy, prices and monetary policy. - FY2024-Q3RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but going forward, in addition to the aforementioned risks, it will be necessary to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices.」
While land prices remain firm, the need to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices continues. - FY2024-Q2RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but going forward, in addition to the aforementioned risks, it will be necessary to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices.」
While land prices remain firm, the need to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices continues. - FY2024-Q1RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but going forward, in addition to the aforementioned risks, it will be necessary to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices.」
While land prices remain firm, the need to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices continues. - FY2023WorsenedAnnual report
「Going forward, in addition to the aforementioned risks, it will be necessary to closely monitor the impact of changes in monetary policy and other factors on real estate liquidity and prices.」
In addition to the previous concerns about overseas economic conditions and rising prices, the impact of changes in monetary policy on real estate liquidity and prices has been identified as a new factor requiring attention. - FY2023-Q3RestatedAnnual report
「In the real estate finance market, the impact of the aforementioned risks is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but attention must be paid to future trends in real estate liquidity and prices.」
While describing the current impact of external conditions and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2023-Q2RestatedAnnual report
「In the real estate finance market, the impact of the aforementioned risks is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but attention must be paid to future trends in real estate liquidity and prices.」
While describing the current impact of external conditions and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2023-Q1RestatedAnnual report
「In the real estate finance market, the impact of the aforementioned risks is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but attention must be paid to future trends in real estate liquidity and prices.」
While describing the current impact of external conditions and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2022ReframedAnnual report
「In the real estate finance market, the impact of the aforementioned risks is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but attention must be paid to future trends in real estate liquidity and prices.」
The discussion has shifted from the previous focus on COVID-19 to attention to the outlook for real estate liquidity and prices in light of external conditions, including geopolitical risks such as the situation in Ukraine and rising prices. - FY2022-Q3RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but attention must be paid to future trends in real estate liquidity and prices.」
While describing the current market impact of COVID-19 and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2022-Q2RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but given the current uncertainty over when the spread of the infection will be brought under control, continued attention must be paid to future trends in real estate liquidity and prices.」
While describing the current market impact of COVID-19 and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2022-Q1RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but given the current uncertainty over when the spread of the infection will be brought under control, continued attention must be paid to future trends in real estate liquidity and prices.」
While describing the current market impact of COVID-19 and significant fluctuations in land prices as limited, attention continues to be paid to the outlook for real estate liquidity and prices. - FY2021RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but vacancy rates have begun to rise due to declining demand for offices and commercial facilities, and given the current uncertainty over when the spread of the infection will be brought under control, even closer attention must be paid to future trends in real estate liquidity and prices.」
While describing the current impact of COVID-19 and significant fluctuations in land prices as limited, attention continues to be paid to rising vacancy rates and the outlook for real estate liquidity and prices. - FY2021-Q3RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but vacancy rates have begun to rise due to declining demand for offices and commercial facilities, and given the current uncertainty over when the spread of the infection will be brought under control, attention must be paid to future trends in real estate liquidity and prices.」
While describing the impact of COVID-19 and fluctuations in land prices as limited, attention continues to be paid to rising vacancy rates due to declining demand for offices and commercial facilities, as well as the outlook for real estate liquidity and prices. - FY2021-Q2WorsenedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited at present and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but vacancy rates have begun to rise due to declining demand for offices and commercial facilities, and given the current uncertainty over when the spread of the infection will be brought under control, attention must be paid to future trends in real estate liquidity and prices.」
While stating that there have been no significant fluctuations in land prices, the rise in vacancy rates due to declining demand for offices and commercial facilities has been added as a new market concern, with increased attention being paid to the outlook for real estate liquidity and prices. - FY2021-Q1RestatedAnnual report
「In the real estate finance market, the impact of COVID-19 is limited at present and no significant fluctuations have been seen in land prices for residential and commercial properties in areas near central Tokyo, but given the current uncertainty over when the situation will be brought under control, attention must be paid to future trends in real estate liquidity and prices.」
While describing the current market impact of COVID-19 and fluctuations in land prices as limited, the outlook for real estate liquidity and prices continues to be monitored closely. - FY2020WorsenedAnnual report
「In addition, although the impact of the spread of COVID-19 on the market is limited at this stage, the current uncertainty over when the situation will be brought under control means that closer attention must be paid to future trends in real estate liquidity and prices.」
In addition to the previous concerns about overheating and construction costs, the impact of COVID-19 on real estate liquidity and prices has been added as a new factor requiring attention. The market impact at this stage is described as limited. - FY2020-Q3RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to identify overheating and trends in construction costs as risks to the outlook for the real estate market. - FY2020-Q2RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to identify overheating and trends in construction costs as risks to the outlook for the real estate market. - FY2020-Q1RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to identify overheating and trends in construction costs as risks to the outlook for the real estate market. - FY2019RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to identify overheating and trends in construction costs as risks to the outlook for the real estate market. - FY2019-Q3RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to note concerns about overheating and trends in construction costs. - FY2019-Q2RestatedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
Land prices remain firm, while continuing to note concerns about overheating and trends in construction costs. - FY2019-Q1ReframedAnnual report
「In the real estate finance market, land prices for residential and commercial properties in areas near central Tokyo have remained firm, but the outlook requires attention to the impact of concerns about overheating, trends in construction costs and other factors.」
While acknowledging that land prices remain firm, the risk focus has shifted from the need to monitor signs that land prices have reached a ceiling in some areas to concerns about overheating and trends in construction costs. - FY2018-Q3RestatedAnnual report
「In the real estate finance market, real estate liquidity has remained firm against a backdrop of continued favorable financing conditions due to the Bank of Japan's monetary easing, although land prices, which had been on an upward trend, appear to have reached a ceiling in some areas, warranting attention to the outlook.」
Real estate liquidity and financing conditions remain favorable, while continuing to note that land prices appear to have reached a ceiling in some areas and that attention to the outlook is warranted. - FY2018-Q2RestatedAnnual report
「In the real estate finance market, real estate liquidity has remained firm against a backdrop of continued favorable financing conditions due to the Bank of Japan's monetary easing, although land prices, which had been on an upward trend, appear to have reached a ceiling in some areas, warranting attention to the outlook.」
Real estate liquidity and financing conditions remain favorable, while continuing to note that land prices appear to have reached a ceiling in some areas and that attention to the outlook is warranted. - FY2018-Q1RestatedAnnual report
「In the real estate finance market, financing conditions have remained favorable due to the Bank of Japan's monetary easing, although land prices, which had been on an upward trend, appear to have reached a ceiling in some areas, warranting attention to the outlook.」
Financing conditions and real estate liquidity remain favorable, while continuing to note that land prices appear to have reached a ceiling in some areas and that attention to the outlook is warranted. - FY2017-Q3RestatedAnnual report
「In the real estate finance market, real estate liquidity has remained firm against a backdrop of continued favorable financing conditions due to the Bank of Japan's continued large-scale monetary easing, although land prices, which had been on an upward trend, appear to have reached a ceiling in some areas, warranting attention to the outlook.」
While real estate liquidity remains firm, it continues to monitor signs that some land prices have reached a plateau and the outlook ahead. - FY2017-Q2RestatedAnnual report
「In the real estate finance market, real estate liquidity has remained firm against a backdrop of a favorable funding environment supported by the continued large-scale monetary easing by the Bank of Japan. However, some land prices, which had previously been trending upward, appear to have reached a plateau, and the outlook requires attention.」
While real estate liquidity remains firm, it continues to monitor signs that some land prices have reached a plateau and the outlook ahead. - FY2017-Q1RestatedAnnual report
「In the real estate finance market, real estate liquidity has remained firm against a backdrop of a favorable funding environment supported by the Bank of Japan's large-scale monetary easing. However, some land prices, which had previously been trending upward, appear to have reached a plateau, and the outlook requires attention.」
While real estate liquidity remains firm, it continues to monitor the risk in the real estate market, citing signs that some land prices have reached a plateau. - FY2016First statedAnnual report
「Because our real estate-secured lending business model is affected by the real estate market, if the real estate market deteriorates in the future, the risk increases that new lending will decline as a result of falling prices of the collateral real estate.」
It states that deterioration in the real estate market could affect new lending, financial condition and operating results.