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Area Quest (8912) · RiskRestated

Massive Office Supply in Central Tokyo and Concerns About a Market Peak

First written in FY2018. 9 of 11 entries say "Restated". Latest entry: FY2024-Q1.

11entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2024-Q12018: 220182019: 420192020: 220202021: 120212022: 020222023: 22023
Same theme, other companies
Risk of Higher Vacancy Rates from Increased Supply of Large Office BuildingsA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1RestatedAnnual report

    「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  2. FY2023-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  3. FY2021-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  4. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  5. FY2020-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  6. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  7. FY2019DroppedAnnual report

    「① Economic conditions In the real estate industry in which the Group operates, a deterioration in the economic environment could make the circumstances surrounding the Company more challenging and may affect the Group's business performance.」

    In the business and other risks section for the current fiscal year, the specific risks of a large supply of office space in central Tokyo and concerns that the market is approaching its peak are not mentioned; instead, the risks are organized under general economic conditions.
  8. FY2019-Q3RestatedAnnual report

    「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  9. FY2019-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to the existing business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  10. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The Company states that there have been no material changes to business and other risks, including the large supply of office space in central Tokyo and concerns that the market is approaching its peak.
  11. FY2018First statedAnnual report

    「However, concerns have also begun to emerge that the market is approaching its peak due to uncertainty surrounding the global economy and the large volume of office supply scheduled to be completed in central Tokyo from 2018 onward.」

    The Company identifies as a new risk the large planned supply of office space in central Tokyo from 2018 onward and concerns that the market is approaching its peak.
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Massive Office Supply in Central Tokyo and Concerns About a Market Peak | Area Quest Inc. (8912) | Komori