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Amg Holdings (8891) · FactReframed

Resilient housing demand supported by the negative interest rate policy and housing acquisition tax measures

First written in FY2017-Q3. 16 of 24 entries say "Restated". Latest entry: FY2026-H1.

24entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2020-Q3RestatedFY2024-Q3 – FY2025-H12017: 420172018: 320182019: 320192020: 320202021: 120212022: 420222023: 220232024: 320242025: 12025
Same theme, other companies
Housing Purchase Support Measures and Housing Demand Amid Interest-Rate MovementsA theme 21 companies write about · 6 as a headwind · 12 as a tailwind

Amg Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).

The whole theme swung hardest in 2020: 6 of 17 companies on the "Worse" side.

2 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1ReframedAnnual report

    「In the real estate industry, land prices remain high and construction costs continue to rise. In addition, higher mortgage rates are expected to increase the cost of acquiring a home, so the situation remains uncertain.」

    The description has shifted from indicating firm housing demand against the backdrop of low interest rates and other factors to focusing on concerns over higher home acquisition costs due to increases in land prices, construction costs and home loan interest rates.
  2. FY2025-H1Declining willingness to purchase homesAnnual report

    「In the real estate industry, selling prices have risen with the soaring costs of project sites and construction, while rising prices and a gradual increase in home loan interest rates have reduced willingness to purchase real estate, and difficult conditions continue.」

    The description has changed from indicating firm housing demand to stating that willingness to purchase real estate has declined because of higher selling prices, rising prices and a gradual increase in home loan interest rates.
  3. FY2024RestatedAnnual report

    「In the real estate industry, soaring construction costs and the possibility of higher home loan interest rates are concerns for future housing demand, and difficult conditions continue.」

    The Company continues to cite soaring construction costs and the possibility of higher home loan interest rates as concerns regarding housing demand and the real estate market.
  4. FY2024-Q3RestatedAnnual report

    「In the real estate industry, stable housing demand has continued since the COVID-19 pandemic, and the real estate market has remained firm. However, soaring construction costs and the possibility of higher home loan interest rates are concerns for future housing demand, and difficult conditions continue.」

    While indicating stable housing demand and a firm real estate market since the COVID-19 pandemic, the Company continues to cite soaring construction costs and the possibility of higher home loan interest rates as concerns for housing demand.
  5. FY2024-Q2ReframedAnnual report

    「In the real estate industry, stable housing demand has continued since the COVID-19 pandemic, and the real estate market has remained firm.」

    The description has been reorganized from the previous statements concerning condominium and detached-home demand to describe stable housing demand and a firm real estate market across the real estate industry since the COVID-19 pandemic.
  6. FY2023ReframedAnnual report

    「In the detached-home development business, demand for detached homes remained firm during the current consolidated fiscal year.」

    The focus has shifted from the previous explanation centered on low interest rates, housing acquisition tax measures and condominium demand to the statement that demand for detached homes remained firm for the full fiscal year.
  7. FY2023-Q2RestatedAnnual report

    「Demand in the for-sale condominium sector has remained firm due to low home loan interest rates and strong demand for home purchases in the DINKS and power-couple markets, among other factors.」

    The Company continues to state that housing demand remains firm against the backdrop of low home loan interest rates and strong demand for home purchases in the DINKS and power-couple markets.
  8. FY2023-Q1RestatedAnnual report

    「Demand in the for-sale condominium sector has remained firm due to low home loan interest rates and strong demand for home purchases in the DINKS and power-couple markets, among other factors.」

    The Company continues to express the view that demand remains firm against the backdrop of low home loan interest rates and strong demand for home purchases in the DINKS and power-couple markets.
  9. FY2022ReframedAnnual report

    「Demand in the for-sale condominium sector has remained firm due to low home loan interest rates and strong demand for home purchases in markets such as the DINKS and power-couple segments. However, construction material and construction labor costs remain high.」

    In addition to low interest rates, the Company specifically cites strong demand for home purchases in the DINKS and power-couple markets as a background factor supporting firm demand. Higher costs also continue to be noted.
  10. FY2022-Q3RestatedAnnual report

    「Demand remains firm in the condominium industry, supported by low mortgage rates and the continued housing acquisition tax regime. However, the industry faces difficult conditions as selling prices rise under the impact of persistently high construction material and construction labor costs and soaring acquisition prices for project land.」

    The Company continues to note both the firm demand supported by low home loan interest rates and the continuation of housing acquisition tax measures, and the difficult sales environment caused by higher costs.
  11. FY2022-Q2ReframedAnnual report

    「Demand remains firm in the condominium industry, supported by low mortgage rates and the continued housing acquisition tax regime. However, the industry faces difficult conditions as selling prices rise under the impact of persistently high construction material and construction labor costs and soaring acquisition prices for project land.」

    The explanation of the background to firm housing demand has changed from the previous “introduction of a negative interest rate policy” to “home loan interest rates remaining low.” The Company continues to state both that demand remains firm and that higher costs are creating difficulties.
  12. FY2021-Q2RestatedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures. However, the sector is facing difficult conditions as selling prices have risen under the impact of persistently high construction material and construction labor costs and soaring acquisition prices for project sites. In addition, the business environment is unstable because of the impact on consumer sentiment of requests to refrain from going out and requests for business closures accompanying the spread of COVID-19.」

    The Company continues to state that demand remains firm due to the negative interest rate policy and housing acquisition tax measures, while describing the future business environment as unstable in light of the impact of COVID-19 on consumer sentiment.
  13. FY2021-Q1SoftenedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures. However, the sector is facing difficult conditions as selling prices have risen under the impact of persistently high construction material and construction labor costs and soaring acquisition prices for project sites. In addition, the business environment is unstable because of the impact on consumer sentiment of requests to refrain from going out and requests for business closures accompanying the spread of COVID-19.」

    The Company continues to state that demand remains firm due to the negative interest rate policy and housing acquisition tax measures, while adding that the future business environment is unstable in light of the impact of COVID-19 on consumer sentiment.
  14. FY2020-Q3RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the continuation of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that housing demand remains firm due to the continuation of the negative interest rate policy and housing acquisition tax measures.
  15. FY2020-Q2RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the continuation of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that housing demand remains firm due to the continuation of the negative interest rate policy and housing acquisition tax measures.
  16. FY2019RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the introduction of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs have remained high and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that housing demand remains firm due to the negative interest rate policy and the continuation of housing acquisition tax measures.
  17. FY2019-Q3RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the introduction of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs have remained high and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that housing demand remains firm due to the negative interest rate policy and the continuation of housing acquisition tax measures.
  18. FY2019-Q2RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the introduction of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs have remained high and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that housing demand remains firm due to the negative interest rate policy and the continuation of housing acquisition tax measures.
  19. FY2019-Q1RestatedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.」

    The Company continues to state that housing demand remains firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.
  20. FY2018RestatedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.」

    The Company continues to state its view that housing demand remains firm against the backdrop of the negative interest rate policy and the continuation of housing acquisition tax measures.
  21. FY2018-Q2RestatedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.」

    The Company continues to state that housing demand remains firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.
  22. FY2018-Q1RestatedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.」

    The Company continues to state that housing demand remains firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.
  23. FY2017RestatedAnnual report

    「Demand in the condominium industry has remained firm due to the introduction of negative interest rate policy and the maintenance of tax measures for home purchases. Meanwhile, construction material and construction labour costs have remained high and procurement prices for project sites have soared, driving up selling prices and creating a difficult business environment.」

    The Company continues to state that demand remains firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures, while also noting the difficulties caused by higher costs.
  24. FY2017-Q3First statedAnnual report

    「Demand in the condominium sector has remained firm due to the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.」

    The Company states that condominium demand has remained firm against the backdrop of the introduction of a negative interest rate policy and the continuation of housing acquisition tax measures.
Moved together

"Uncertainty over the economic outlook and overseas conditions" moved the same way as this thread, in the same document, in 6 of its 24 moves.

654332★123456
  1. ★This thread
  2. 1Uncertainty over the economic outlook and overseas conditions6×
  3. 2Operating cash flow volatility due to the period from land acquisition to cash recovery5×
  4. 3Persistently High Construction Material and Labor Costs and Condominium Land Prices4×
  5. 4Reliance on Interest-Bearing Debt and Fluctuations in Funding Costs3×
  6. 5Decline in Customer Visits, Construction Delays and Performance Impact Due to COVID-193×
  7. 6Human-resources development and recruitment, and cost reductions to support sales expansion2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Amg Holdings yet.
News
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