Expansion of Existing-Home Sales in the Tokyo Metropolitan Area

「中古住宅販売においては、新築価格の高騰及び住宅ローン金利の上昇傾向を背景に、比較的価格負担の少ない中古住宅への需要が高まり、販売棟数は55棟（前年同期比６棟増）となりました。」

「In used-home sales, demand increased against a backdrop of soaring new-home prices, but difficult market conditions continued amid competition from low-cost new homes and other products, and sales were 104 homes, down 18 homes from the previous fiscal year.」

「In used-home sales, procurement prices continued to rise under the influence of soaring new-build housing prices, while renovation costs increased due to higher material prices. As a result, used-home selling prices also continued to trend upward, and buyer appetite declined.」

「In used-home sales, demand for relatively inexpensive used homes increased as new-home prices continued to rise, while procurement costs and selling prices continued to trend upward, particularly in the Tokyo metropolitan area.」

「In used-home sales, demand for relatively inexpensive used homes increased as new-home prices continued to rise, while procurement costs and selling prices continued to trend upward, particularly in the Tokyo metropolitan area.」

「Amid intensifying competition in procurement, the company worked to strengthen procurement, including by expanding its Tokyo metropolitan area coverage and developing new areas, with a target of maintaining 80 completed homes in inventory at all times. Orders consequently remained on a trend above the same period of the previous year. As a result, used-home sales in the quarter were 35 homes, up 4 homes year on year.」

「In used-home sales, the company continued to work to expand the number of homes sold by enhancing its inventory of properties for sale. As competition at auctions intensified on the procurement side, the company worked to strengthen procurement and shorten the time required for renovation and preparation for sale, with a target of maintaining 70 completed homes in inventory at all times. Orders consequently remained on a trend above the previous year. As a result, the number of homes sold during the 3Q cumulative consolidated period was 111, up 13 homes year on year.」

「In used-home sales, we worked to enhance product inventory and expand the business in the Tokyo metropolitan region to increase sales. For product inventory, we strengthened procurement with a new target of maintaining 70 completed homes in inventory at all times, and in the Tokyo metropolitan region we worked to expand our handling of pre-owned condominiums. As a result of these initiatives, orders increased for three consecutive quarters through the second quarter, but declined during the current quarter because orders in December last year were weak.」

「In used-home sales, the company worked to expand the number of homes sold by enhancing its inventory of properties for sale and expanding its business in the Tokyo metropolitan area (Tokyo, Saitama, Chiba and Kanagawa). For inventory, it strengthened procurement with a new target of maintaining 70 completed homes in inventory at all times. In the Tokyo metropolitan area, orders continued to recover from a low in the third quarter of the previous fiscal year, partly because sales of used condominiums expanded. As a result, used-home sales recovered from a sharp year-on-year decline in the first quarter, caused in part by the timing of deliveries of homes ordered, to 74 homes in the first half, broadly in line with the previous year and down 1 home year on year.」

「In used-home sales, the company worked to expand its business by enhancing its inventory of properties for sale and expanding its sales area into the Tokyo metropolitan area (Tokyo, Saitama, Chiba and Kanagawa).」

「As a result, sales in the area reached 24 homes, up 18 homes from the previous fiscal year, while procurement reached 34 homes, up 7 homes, contributing to results for the current fiscal year. As a result, used-home sales for the consolidated fiscal year reached 136 homes, an increase of 19 homes from the previous fiscal year, and」

「Partly because the branch in Setagaya-ku, Tokyo, opened in March 2016 to strengthen sales in the Tokyo metropolitan area had contributed to performance, the number of homes sold during the 3Q cumulative consolidated period was 100, an increase of 13 homes from the same period of the previous year.」

「At the branch established in Setagaya-ku, Tokyo, in March as a key base for expanding the sales area, the company focused on developing a full-scale procurement and sales structure and securing personnel.」

「In the used-home sales business, the company worked to expand the business by enhancing its inventory of properties for sale and opening a new sales office in Yoga, Setagaya-ku, Tokyo, at the end of the previous fiscal year to strengthen sales in the Tokyo metropolitan area.」