Sales Region Concentration Risk Centered on Aichi Prefecture
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「The regional supply mix for the Group’s detached homes was 98% concentrated in the Chubu region in the fiscal year ended August 2019, but this declined to 67% in the fiscal year ended August 2022, with the share supplied outside the Chubu region expanding to 33%.」
The decline in the concentration of detached-home supply in the Chubu region from 98% to 67%, and the expansion of supply outside the region to 33%, indicate that geographic concentration risk has been mitigated. - FY2020RestatedAnnual report
「Our Group's sales areas are concentrated in the Tokai region, centered on Aichi Prefecture, comprising Aichi, Gifu, Mie and Shizuoka prefectures.」
While maintaining a sales structure concentrated mainly in Aichi Prefecture and the Tokai region, the company is also working to strengthen its presence in the Kansai region and expand into other areas. - FY2020-Q1RestatedAnnual report
「In the real estate industry, particularly in Aichi Prefecture, our core operating market, housing demand has remained resilient amid continued low interest rates and stable employment and income conditions, although」
The disclosure describes housing demand and the competitive environment in the sales area concentrated in Aichi Prefecture, our core operating market. - FY2019RestatedAnnual report
「Our Group's sales areas are concentrated in the Tokai region, centered on Aichi Prefecture, comprising Aichi, Gifu, Mie and Shizuoka prefectures.」
We continue to disclose the concentration of sales areas in the Tokai region centered on Aichi Prefecture and the potential impact of land prices and economic conditions in the region on business performance. - FY2019-Q3RestatedAnnual report
「In the real estate industry, particularly in Aichi Prefecture, our core operating market, housing demand has remained resilient amid continued low interest rates and stable employment and income conditions, although」
Based on the concentration of operations in Aichi Prefecture, our core operating market, the disclosure states that housing demand in the region has remained resilient. - FY2018First statedAnnual report
「Our Group's sales areas are concentrated in the Tokai region, centered on Aichi Prefecture, comprising Aichi, Gifu, Mie and Shizuoka prefectures. While we will continue to deepen our presence in the Tokai region, strengthen our operations in the Kansai region and expand into other regions, trends in land prices and economic conditions in the Tokai region may affect business performance.」
The disclosure explicitly identifies as a new risk the concentration of sales areas in the Tokai region centered on Aichi Prefecture and the potential impact of land price and economic trends in the region on business performance.