Impact of Rent Market Conditions, Competition and Natural Disasters on Rental Business Earnings
First written in FY2017. 10 of 21 entries say "Restated". Latest entry: 2026-04-30.
Heiwa Real Estate moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 10 of 26 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2025WorsenedAnnual report
「At the end of the consolidated fiscal year, the Group's building vacancy rate was 3.25%, excluding buildings taken out of service for redevelopment and other related reasons.」
The vacancy rate rose from 2.83% in the previous fiscal year to 3.25%, worsening the Group's exposure to rental market conditions and tenant departures. - FY2024MitigatedAnnual report
「At the end of the consolidated fiscal year, the Group's building vacancy rate was 2.83%, excluding buildings taken out of service for redevelopment and other related reasons.」
The vacancy rate related to rental market conditions and the risk of tenant departures declined from 4.53% in the previous fiscal year to 2.83%. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. In addition, there were no material changes to the securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2023MaterialisedAnnual report
「At the end of the consolidated fiscal year, the Group's building vacancy rate was 4.53%, excluding buildings taken out of service for redevelopment and other related reasons.」
The risks related to rental market conditions and tenant departures were reflected in actual results, including a 4.53% vacancy rate and a 3.8% year-on-year decline in rental income associated with tenant departures. - FY2023-Q3MaterialisedAnnual report
「Within the building business, rental income was ¥18,217 million, down ¥91 million, or 0.5%, year on year. This reflected the decline in tenant cancellation penalties and reduced revenue due to tenant departures, despite contributions from rental income from KABUTO ONE in Chuo-ku, Tokyo, which opened in the previous fiscal year.」
The decline in revenue associated with tenant departures continued to be reflected in actual rental income, which fell 0.5% year on year. - FY2023-Q2MaterialisedAnnual report
「Within the building business, rental income was ¥11,978 million, down ¥172 million, or 1.4%, year on year. This reflected the decline in tenant cancellation penalties and reduced revenue due to tenant departures, despite contributions from rental income from KABUTO ONE in Chuo-ku, Tokyo, which opened in the previous fiscal year.」
The decline in rental income associated with tenant departures continued, and rental income fell 1.4% year on year. - FY2023-Q1MaterialisedAnnual report
「Within the building business, rental income was ¥6,011 million, down ¥178 million, or 2.9%, year on year. This reflected the decline in tenant cancellation penalties and reduced revenue due to tenant departures, despite contributions from rental income from KABUTO ONE in Chuo-ku, Tokyo, which opened in the previous fiscal year.」
The decline in revenue associated with tenant departures was reflected in actual rental income, which fell 2.9% year on year. - FY2022MitigatedAnnual report
「We are working to reduce the risk of a significant decline in rental income by developing our building business mainly in the 3 central wards of Tokyo and major regional cities, which we judge to be relatively less susceptible to declines in rents caused by economic fluctuations.」
As a measure to address fluctuations in rental market conditions and occupancy rates, the risk-reduction strategy of focusing on the 3 central wards of Tokyo and major regional cities was explicitly identified. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2020WorsenedAnnual report
「In the rental business (building business), the impact of the spread of COVID-19 created risks of rent reductions and tenant departures due to various changes, including the diversification of workstyles and lifestyles, as well as deteriorating tenant performance.」
In addition to the existing risks related to rental market conditions and competition, the risk of rent reductions and tenant departures caused by the spread of COVID-19 was explicitly identified. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes concerning the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2018-Q3RestatedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2018-Q2RestatedAnnual report
「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the impact on rental business earnings from rental market conditions, competition, natural disasters and other factors. - FY2017First statedAnnual report
「In addition to trends in land prices and other factors, the rental business may be affected by changes in rental market conditions in the office leasing market and intensifying competition with other commercial facilities in the commercial facilities business. In addition, natural disasters such as earthquakes, accidents, terrorism and other man-made disasters may damage or destroy owned assets and affect the performance of the Group.」
The risks posed to the rental business and owned assets by rental market conditions, intensifying competition, natural disasters, accidents and terrorism are described.