Changes in economic conditions, corporate performance, income, land prices, interest rates and tax policy
First written in FY2016. 20 of 22 entries say "Restated". Latest entry: FY2026.
Sumitomo Realty & Development moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 31 of 76 companies on the "Worse" side.
29 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The following describes the issues identified by the company and the measures it is taking to address them after completing the first year of the Tenth Medium-Term Management Plan.」
The company highlighted rising interest rates, soaring construction costs, longer construction periods and international conflicts as issues for the first year of the Tenth Medium-Term Management Plan, organizing previously general business environment risks as specific management issues. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2023RestatedAnnual report
「The real estate leasing, real estate sales, completed construction and real estate brokerage businesses tend to be significantly affected by economic conditions, trends in corporate performance and personal income, demographic trends, land price trends, trends in raw material prices and construction costs, financial conditions, tax policy and other factors,」
The company has reorganized its business environment risks to include demographic trends and trends in raw material prices and construction costs, in addition to the previously cited risks relating to economic conditions, income, land prices and interest rates. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explains that there are no new business or other risks and no material changes to the risks described in the previous fiscal year. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company continues to state that there are no new business-related risks and no material changes to the risks described in the previous fiscal year. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2018RestatedAnnual report
「The real estate leasing, real estate sales, completed construction and real estate brokerage businesses conducted by the Group tend to be significantly affected by economic conditions, trends in corporate performance and personal income, land price trends, financial conditions including interest rates, and housing tax policy, and these factors may affect the Group's operating results and financial position.」
The company has reiterated the risks of changes in economic conditions, corporate performance, income, land prices, interest rates, tax policy and other factors, without indicating any material changes in the substance of the risks. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there are no new business or other risks and that there have been no material changes to the risks described for the previous fiscal year. - FY2016First statedAnnual report
「The real estate leasing, real estate sales, completed construction and real estate brokerage businesses tend to be significantly affected by economic conditions, trends in corporate performance and personal income, land price trends, financial conditions including interest rates, and housing tax policy,」
The company states that these changes may affect its operating results and financial position.