Rising Land Prices, Competition for Development Sites, and Higher Construction Prices
First written in FY2016-Q2. 15 of 21 entries say "Restated". Latest entry: 2026-07-28.
Es-Con Japan moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 14 of 25 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- 2026-07-28MitigatedEarnings presentation
「資材高や人件費増、工期長期化等の複合的な要因による建築コスト上昇については、当社が事業展開する各都市のマンション適地における「実需」は引き続き堅調を維持しており、分譲マンションの販売単価上昇によりコスト上昇を吸収可能な状況が継続」
建築コスト上昇は継続しているが、実需と販売単価上昇により吸収可能な状況が示された。 - FY2025RestatedAnnual report
「In the real estate industry in which our Group operates, concerns continue over higher construction costs due to rising land acquisition prices, labor costs and raw material prices, and the situation continues to require close monitoring of their impact on the market.」
Concerns regarding increases in land acquisition prices, labor costs, raw material prices and construction costs continue to be identified. - FY2025-H1WorsenedAnnual report
「In the real estate industry in which our Group operates, concerns include rising construction costs due to higher land acquisition prices and soaring raw material prices, as well as rising costs such as labor costs and market interest rates, and the situation continues to require close monitoring of their impact on the market.」
In addition to the existing concerns over higher construction material and construction costs, rising costs such as land acquisition prices, labor costs and market interest rates were explicitly identified, broadening the scope of concerns regarding development costs. - FY2023-Q3WorsenedAnnual report
「In the real estate industry in which our Group operates, concerns are increasing over soaring construction material prices, labor shortages and the impact on mortgage interest rates from a review of monetary policy, among other factors.」
In addition to the existing concerns over soaring construction costs and labor shortages, the impact of a review of monetary policy on mortgage interest rates was explicitly identified, and it was stated that concerns are increasing. - FY2023-Q2WorsenedAnnual report
「In Japan, inflation is also accelerating, and concerns in the real estate industry include soaring construction costs, labor shortages and, over the medium to long term, the possibility of rising interest rates.」
In addition to the existing concerns over rising construction costs and shortages of construction materials, labor shortages and the possibility of medium- to long-term interest rate increases were explicitly identified, broadening concerns about real estate development costs and the operating environment. - FY2022-Q3WorsenedAnnual report
「Meanwhile, construction cost increases driven by soaring raw material prices, delays in the delivery of materials due to supply shortages of parts and other items, and intensifying competition for property acquisitions and rising acquisition prices remain pronounced, and the situation continues to require close monitoring of their impact on the market.」
Construction cost increases, delivery delays due to supply shortages of parts and other items, and competition for property acquisitions and rising acquisition prices were cited as continuing significant risks. - FY2021-Q3RestatedAnnual report
「The real estate market has remained relatively stable, without a major downturn, due to continued policies related to COVID-19 measures and monetary easing. However, as measures to prevent the spread of infection are implemented nationwide and vaccination progresses, raising the level of economic and social activity, close attention must be paid to the impact of changes in consumption trends on the domestic and overseas economies and the real estate market.」
While the real estate market is described as relatively stable, caution continues over the impact of the pandemic and changes in consumption trends on the real estate market. - FY2020-Q1RestatedAnnual report
「The real estate industry to which the Group belongs faces an outlook that is difficult to view optimistically due to rising land prices, intensified competition for land acquisition, the risk of rising interest rates, and the effects of the consumption tax increase, among other factors.」
Rising land prices, competition for land acquisition, the risk of rising interest rates, and the effects of the consumption tax increase continue to be cited as concerns in the real estate industry. - FY2019-Q3RestatedAnnual report
「Although the real estate industry in which our Group operates has remained solid due to low interest rates resulting from accommodative monetary policy, among other factors, the situation cannot be viewed optimistically because of rising land prices, intensifying competition for land acquisitions and persistently high construction costs.」
Rising land prices, intensified competition for land acquisition, and persistently high construction costs continue to be concerns in the real estate industry. - FY2019-Q2RestatedAnnual report
「Although the real estate industry in which our Group operates has remained solid due to low interest rates resulting from accommodative monetary policy, among other factors, the situation cannot be viewed optimistically because of rising land prices, intensifying competition for land acquisitions and persistently high construction costs.」
Rising land prices, intensified competition for land acquisition, and persistently high construction costs are cited as concerns in the real estate industry. - FY2019-Q1RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices, intensified competition for land acquisition, the risk of rising interest rates, and the consumption tax increase, among other factors.」
Rising land prices, competition for land acquisition, the risk of rising interest rates, and the consumption tax increase continue to be cited as concerns in the real estate industry. - FY2018RestatedAnnual report
「The outlook is difficult to view optimistically due to rising land prices, intensified competition for land acquisition, the risk of rising interest rates, and the consumption tax increase, among other factors.」
In addition to rising land prices and intensified competition for land acquisition, the risk of rising interest rates and the consumption tax increase are cited as concerns in the real estate industry. - FY2018-Q2RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition are again cited as continuing risks in the real estate industry. - FY2018-Q1RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition are again cited as continuing risks in the real estate industry. - FY2017RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition are again cited as continuing risks in the real estate industry. - FY2017-Q3RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition are again cited as continuing risks in the real estate industry. - FY2017-Q2RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition are again cited as continuing risks in the real estate industry. - FY2017-Q1RestatedAnnual report
「Although the real estate industry to which the Group belongs has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition continue to be cited as risks in the operating environment for the real estate business. - FY2016RestatedAnnual report
「The outlook is difficult to view optimistically due to rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition continue to be cited as risks in the business environment. - FY2016-Q3RestatedAnnual report
「Although the real estate industry has remained firm and resilient due to low interest rates resulting from monetary easing and other factors, the outlook is difficult to view optimistically because of rising land prices and intensified competition for land acquisition, among other factors.」
Rising land prices and intensified competition for land acquisition continue to be cited. The previously mentioned rise in construction costs is not explicitly stated in the current quotation, but it is said that there are no material changes to the overall risks. - FY2016-Q2First statedAnnual report
「The outlook is difficult to view optimistically due to rising land prices, intensified competition for land acquisition, and rising construction costs, among other factors.」
Rising land prices, competition for land acquisition, and rising construction costs are currently described as risks in the business environment.