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Tosei (8923) · InitiativeAdvanced

Tightening investment criteria and maintaining inventory and financial soundness in preparation for worsening market conditions

First written in FY2020-Q3. 6 of 8 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-10-05.

8entries
7years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020-Q3 – FY2020AdvancedFY2024-Q2 – 2026-10-052020: 120202021: 120212022: 020222023: 020232024: 120242025: 120252026: 42026
Same theme, other companies

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「In the development of wooden rental apartments, newly designated as a focus asset in response to persistently high construction costs, we sold a total of 5 properties in the T’s Cuore series.」

    The response to rising construction costs took concrete form in the development and sale of wooden rental apartments as a focus asset.
  2. FY2025-H1AdvancedAnnual report

    「Construction costs are expected to remain high for the time being, partly due to soaring steel prices and labour shortages. In the real estate development business, we are shifting our focus from reinforced-concrete structures to wooden structures, while across the property sales business, including the real estate revitalisation business, we are reducing the proportion of real estate development and increasing the weighting of investment in real estate revitalisation.」

    In response to rising construction costs, the company is shifting its focus from reinforced-concrete to wooden structures in the development business, reducing the development ratio across the property sales business and increasing the investment weighting of the real estate revitalisation business.
  3. FY2024-Q2AdvancedAnnual report

    「To address the recent rise in construction costs, we will increase the proportion of revitalisation projects, which require less construction-cost expenditure, and in the development business, study wooden apartments, where construction costs are rising more slowly than for reinforced-concrete structures, while selecting acquisition projects based on profitability.」

    In response to rising construction costs, the company specified measures including increasing the proportion of revitalisation projects, studying wooden apartments and selecting projects with a focus on profitability.
  4. FY2020RestatedAnnual report

    「Although the timing of the end of the COVID-19 pandemic remains uncertain, the Group will continue expanding acquisitions aimed at future growth and work to restore the property sales business while securing on-hand liquidity and financial soundness.」

    The company has reaffirmed its policy of expanding acquisitions and working to restore the property sales business while securing on-hand liquidity and financial soundness even during the pandemic.
  5. FY2020-Q3First statedAnnual report

    「Although the handover of properties under executed sale agreements proceeded as scheduled, amid declining economic activity caused by the global economic downturn, we tightened investment criteria for acquisitions in preparation for future deterioration in real estate market conditions and worked to maintain inventory balance and financial soundness.」

    As a response to potential future deterioration in market conditions, the policy of tightening investment criteria at the time of acquisition and maintaining inventory balance and financial soundness was explicitly established as an independent theme for the first time.
Moved together

"Significant Increases in Revenue and Profit" moved the same way as this thread, in the same document, in 6 of its 8 moves.

666666★123456
  1. ★This thread
  2. 1Significant Increases in Revenue and Profit6×
  3. 2Aggressive acquisition of income-producing real estate and development land as future sources of revenue6×
  4. 3Real Estate Securitization Through the Sale of Value-Add Properties6×
  5. 4Development and Sales of Commercial Facilities and Detached Houses6×
  6. 5Expansion of Asset Management AUM Through Large-Scale Mandates6×
  7. 6Winning New Contracts and Expanding Buildings Under Management6×

★ 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 Tosei yet. It last moved in the Earnings of 2026-10-05: "Advanced".
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Tightening investment criteria and maintaining inventory and financial soundness in preparation for worsening market conditions | TOSEI CORPORATION (8923) | Komori