Expansion of the Low-Priced Secondary Condominium Market
First written in FY2018-Q2. 10 of 15 entries say "Restated". Latest entry: FY2026.
Fuji Corporation Limited moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Against a backdrop of persistently high prices for newly built properties, the used-property distribution market was buoyant, while the investment real estate market, centred on rental housing, remained stable.」
The company continues to describe the buoyancy of the used-property distribution market against a backdrop of persistently high prices for newly built properties, along with the stability of the investment real estate market. - 2026-05-01AdvancedEarnings presentation
「Sales of existing condominiums remained extremely strong against a backdrop of increasing demand for existing homes.」
The company directly linked rising demand for existing homes with strong existing-condominium sales. - FY2026-H1ReframedAnnual report
「In the real estate industry, construction starts and sales of newly built homes have shown signs of slowing as land prices and construction costs have risen or remained high, driving up prices of newly built properties. Meanwhile, demand for relatively inexpensive used homes has expanded substantially. Demand for rental housing and income-producing real estate, including for wealth building and asset tax planning, has remained relatively stable and continues to be firm.」
The previous explanation of polarisation between newly built and used homes has been reorganised around a structure in which demand for lower-priced used homes has expanded substantially, while demand for rental housing and income-producing real estate remains stable. - FY2024-Q3ReframedAnnual report
「Prices of newly built condominiums have risen more sharply than those of newly built detached homes, and this trend remains unchanged. However, developers are adopting cautious sales policies, limiting the number of buildings supplied, and sales are expected to remain firm. Investors' appetite for investment real estate with strong inflation resilience also remains strong.」
In addition to the previous explanation of polarisation based on the relative strength of lower-priced used homes, this indicates that sales of newly built condominiums are firm due to constrained supply and that appetite for investment real estate is strong. - FY2023RestatedAnnual report
「Sales of used homes, which are less expensive than newly built homes, have been strong, and investment rental housing targeting high-net-worth individuals and investors has also maintained strong order levels. As a result, the company feels that polarisation has progressed further than before, although」
The company continues to recognise that used homes, which are less expensive than newly built homes, and investment rental housing are performing well, while polarisation relative to newly built homes continues. - FY2023-Q3RestatedAnnual report
「Relatively inexpensive used homes and investment rental housing targeting high-net-worth individuals and investors have continued to perform well, and the market has become increasingly polarised.」
The company states that used homes, which are less expensive than newly built homes, and investment rental housing are performing well, while the market remains polarised relative to newly built homes. - FY2023-Q2ReframedAnnual report
「The market has become increasingly polarised, with relatively inexpensive used homes and investment rental housing targeting high-net-worth individuals and investors performing well.」
The explanation has expanded from growing demand for lower-priced used homes to a polarised market in which declining demand for newly built homes coexists with strong performance by used homes and investment rental housing. - FY2023-Q1RestatedAnnual report
「Demand for used homes remained strong, sales were generally firm, and profitability of delivered properties improved」
While the market for newly built homes remained uncertain, the company continues to recognise that demand for used homes remained strong and sales were generally firm. - FY2022-Q3RestatedAnnual report
「Changes in housing needs stimulated demand for used properties and spacious detached homes, and the housing industry as a whole remained firm.」
The company continues to describe the stimulation of demand for used properties and spacious detached homes, driven by telework and new lifestyles, as a market environment. - FY2022-Q2RestatedAnnual report
「Demand for used properties and spacious detached homes was stimulated, and the housing industry as a whole remained firm.」
The company continues to recognise, as a market environment, that the spread of telework and growing interest in housing stimulated demand for used properties and spacious detached homes. - FY2022-Q1RestatedAnnual report
「Demand for used properties and spacious detached homes was stimulated, and the housing industry as a whole remained firm.」
The company continues to recognise that the spread of telework and growing interest in housing stimulated demand for used properties and spacious detached homes. - FY2021RestatedAnnual report
「Demand for used homes, which are priced lower than newly built homes, remains strong, and demand for used homes has increased further.」
The company continues to recognise that demand for lower-priced used homes remains strong and is increasing. - FY2020RestatedAnnual report
「Demand for used homes, which are priced lower than newly built homes, remains strong. Prices of newly built homes have risen due to intensified competition for development land and rising land prices, creating a difficult environment for the detached-home development business, while demand for used homes has increased further.」
The company continues to recognise that demand for lower-priced used homes remains strong and has increased further due to rising land prices and other factors. - FY2018-Q3RestatedAnnual report
「Meanwhile, the market for used condominiums, particularly in the lower price range, expanded and was buoyant.」
The company continues to describe the expansion and buoyancy of the market for used condominiums, particularly in the lower price range. - FY2018-Q2First statedAnnual report
「Meanwhile, the market for used condominiums, particularly in the lower price range, expanded and was buoyant.」
This newly describes a market environment in which the distribution market for used condominiums, particularly in the lower price range, expanded and was buoyant.