Delays in Used Home Acquisitions
First written in FY2018-Q3. 4 of 9 entries say "Mitigated", first in FY2020. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「In the residential distribution segment, deliveries of used homes during the interim consolidated fiscal period increased significantly year on year to 602 units, compared with 419 units in the same period of the previous year, while profit margins also improved, resulting in」
The increase in deliveries of used homes and improvement in profit margins indicate a recovery from the deterioration in sales performance caused by previously difficult acquisition conditions and insufficient inventory. - FY2025MitigatedAnnual report
「Deliveries of used homes in the consolidated fiscal year totaled 1,081 units, compared with 1,016 units in the previous fiscal year, an increase from the previous consolidated fiscal year.」
Amid challenges involving the acquisition of used homes and insufficient inventory, deliveries increased and sales performance improved. - FY2023MitigatedAnnual report
「Deliveries of used homes in the current consolidated fiscal year totalled 1,077 units, compared with 1,039 units in the previous period, an increase from the previous consolidated fiscal year.」
Against a backdrop of difficult conditions for acquiring used homes and insufficient inventory, full-year deliveries increased and sales performance in the residential distribution business improved. - FY2022MaterialisedAnnual report
「Revenue for the current consolidated fiscal year declined substantially as inventory fell following major inventory adjustments focused on unprofitable inventory in the previous consolidated fiscal year.」
The company states that the decline in used-home inventory materialised as lower unit sales and revenue, while profitability improved. - FY2022-Q1MaterialisedAnnual report
「A factor cited is the depletion of properties available for purchase as used homes, a common development across the used-property distribution market, which has put revenue on a declining trend.」
This states that worsening purchasing conditions and the depletion of used-home properties materialised as a substantial decline in deliveries and a downward trend in revenue. - FY2021MaterialisedAnnual report
「Sales were affected by a substantial decline in inventory resulting from worsening purchasing conditions in the used-property distribution market.」
This states that the previously identified challenge in purchasing used homes materialised as worsening purchasing conditions and a substantial decline in inventory, resulting in lower deliveries and revenue. - FY2020MitigatedAnnual report
「Deliveries of used homes in the current consolidated fiscal year increased by 237 units from the previous consolidated fiscal year to 1,707 units, compared with 1,470 units in the previous period.」
Deliveries of used homes increased, indicating an improvement in sales performance in response to the previously identified challenges of declining purchases of used detached-home properties and the need to strengthen purchasing. - FY2019ReframedAnnual report
「In the used-home sales business, purchases and sales of used condominium properties have progressed steadily, while purchases of used detached-home properties have been declining. The company is therefore working to strengthen purchases and sales of used detached-home properties, prompted by the opening of the head-office annex building's Ouchi-kan main store in April 2018.」
The description has been reorganised from a delay in purchasing used homes through acquisitions to a situation in which used condominiums are progressing steadily, while purchases of used detached-home properties are declining, with the company strengthening the business through its store. - FY2018-Q3First statedAnnual report
「Profit at each stage declined from the cumulative third quarter of the previous consolidated fiscal year, due in part to delays in purchasing used homes through acquisitions relative to the schedule.」
This states that delays in purchasing used homes through acquisitions relative to the schedule contributed to the decline in consolidated profit at each stage.