Changes in real estate and construction-related laws and regulations
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2026.
Sumitomo Realty & Development moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2025: 9 of 30 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Group's businesses are subject to various laws and regulations, including the Act on Specified Joint Real Estate Ventures, Construction Business Act, Building Standards Act and Labor Standards Act. The Group monitors developments in amendments to these laws and regulations and endeavors to respond appropriately and promptly.」
Following the impact of amendments to the Building Standards Act on orders received and revenue recognition in the housing business, the company listed responding to amendments to laws and regulations as a key risk. - FY2026-H1MaterialisedAnnual report
「During the interim period, the number of orders received was 3,274 buildings in the "Shinchiku Sokkurisan" business (down 395 buildings year on year) and 835 buildings in the custom-built housing business (down 317 buildings year on year). Amendments to the Building Standards Act have significantly affected large-scale renovations and other projects,」
The company explained that, with regard to the previously disclosed risk of changes in laws and regulations, amendments to the Building Standards Act affected large-scale renovations and other projects and contributed to the decline in orders received by the housing business. - FY2023RestatedAnnual report
「The Group's businesses are subject to various laws and regulations, including the Act on Specified Joint Real Estate Ventures, Construction Business Act, Building Standards Act and Labor Standards Act,」
The company has reaffirmed the risk that amendments to real estate and construction-related laws and regulations may affect its business activities. - FY2018RestatedAnnual report
「The Group's businesses are subject to various laws and regulations, and amendments to these laws and regulations may affect the Group's operating results and financial position.」
The company has reiterated the risk of changes in laws and regulations, including the Act on Specified Joint Real Estate Ventures, Construction Business Act, Building Standards Act, City Planning Act and Urban Renewal Act. - FY2016First statedAnnual report
「The Group's businesses are subject to various laws and regulations, and amendments to these laws and regulations may affect the Group's operating results and financial position.」
The company cites the Act on Specified Joint Real Estate Ventures, Construction Business Act, Act on Land and Building Leases, Building Standards Act, City Planning Act and Urban Renewal Act as the main regulations governing its businesses.