Selective Acquisition of High-Quality Land for Subdivision
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 1 of 9 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company continued the selective sourcing policy used in the previous consolidated fiscal year, increasing inventory turnover and improving profitability.」
The company continues the policy of selectively sourcing properties with inventory turnover and profitability in mind. - FY2022RestatedAnnual report
「More Selective Sourcing Resulted in Lower Inventories, Affecting Sales」
The company continues to selectively source properties with inventory turnover and profitability in mind. - FY2021RestatedAnnual report
「In the subdivided housing business, we sought to leverage the strength of our community-based management by selectively sourcing high-quality land for subdivision development and responding to customer needs.」
The company continues to selectively purchase high-quality land for subdivision development amid rising land prices and acquisition competition. - FY2020AdvancedAnnual report
「Amid rising land prices during the current consolidated fiscal year, the Group focused on purchasing high-quality land for subdivided condominiums and entire-building rental apartments, resulting in an increase in inventories compared with the end of the previous consolidated fiscal year.」
The company specified the acquisition targets as land for subdivided condominiums and entire-building rental apartments, rather than selectively purchasing high-quality land in general, and inventories increased as a result of these purchases. - FY2019First statedAnnual report
「Amid rising land prices during the current consolidated fiscal year, the Group selectively purchased high-quality land for subdivision development, resulting in a decrease in inventories compared with the end of the previous consolidated fiscal year.」
The company linked its selective land acquisitions amid rising land prices with changes in its financial position.