Economic, Interest Rate, Seasonality and Legal Risks in the Real Estate Business
First written in FY2016. 24 of 25 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 31 of 73 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in the economic, interest rate, seasonality and legal risks in the real estate business. - FY2024RestatedAnnual report
「Economic conditions: changes in economic conditions beyond our assumptions. Interest rates: rapid increases in interest rates beyond our assumptions. Seasonality: quarterly revenue volumes may be uneven due to the concentration of property handover periods. Real estate laws and regulations: substantial changes to laws and regulations, including the Financial Instruments and Exchange Act, Building Standards Act and City Planning Act.」
The risks related to economic conditions, interest rates, seasonality and changes in laws and regulations in the real estate business continue to be identified. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the economic, interest rate, seasonality and legal risks in the real estate business. - FY2024-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the economic, interest rate, seasonality and legal risks in the real estate business. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The treatment that there have been no material changes in the economic, interest rate, seasonality and legal risks in the real estate business continues. - FY2023-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the economic, interest rate, seasonality and legal risks in the real estate business. - FY2022-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2021-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The treatment that there have been no new developments or material changes in the economic, interest rate, seasonality and legal risks in the real estate business continues. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2020-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2019RestatedAnnual report
「Economic conditions: changes in economic conditions beyond our assumptions. Interest rates: rapid increases in interest rates beyond our assumptions. Seasonality: quarterly revenue volumes may be uneven due to the concentration of property handover periods. Real estate laws and regulations: substantial changes to laws and regulations, including the Financial Instruments and Exchange Act, Building Standards Act and City Planning Act.」
The risks related to economic conditions, interest rates, seasonality and changes in laws and regulations in the real estate business continue to be identified. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2019-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2018RestatedAnnual report
「Economic conditions: changes in economic conditions beyond our assumptions. Interest rates: rapid increases in interest rates beyond our assumptions. Seasonality: quarterly revenue volumes may be uneven due to the concentration of property handover periods. Real estate laws and regulations: substantial changes to laws and regulations, including the Financial Instruments and Exchange Act, Building Standards Act and City Planning Act.」
The risks related to economic conditions, interest rates, seasonality and changes in laws and regulations in the real estate business continue to be identified. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2018-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2017RestatedAnnual report
「Economic conditions: changes in economic conditions beyond our assumptions. Interest rates: rapid increases in interest rates beyond our assumptions. Seasonality: quarterly revenue volumes may be uneven due to the concentration of property handover periods. Real estate laws and regulations: substantial changes to laws and regulations, including the Financial Instruments and Exchange Act, Building Standards Act and City Planning Act.」
The risks related to economic conditions, interest rates, seasonality and changes in laws and regulations in the real estate business continue to be identified. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2017-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The economic, interest rate, seasonality and legal risks in the real estate business are treated as having no material changes. - FY2016First statedAnnual report
「Economic conditions: changes in economic conditions beyond our assumptions. Interest rates: rapid increases in interest rates beyond our assumptions. Seasonality: quarterly revenue volumes may be uneven due to the concentration of property handover periods. Real estate laws and regulations: substantial changes to laws and regulations, including the Financial Instruments and Exchange Act, Building Standards Act and City Planning Act.」
Multiple external risks are identified as factors that could cause earnings from the real estate business to fall below expectations.