Real Estate Market and Business Risks Associated with Participation as a Business Agent
First written in FY2020. 5 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.
46 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For land readjustment project services, for high-quality projects with a well-defined exit strategy, we intend to take appropriate risks ourselves with a view to real estate risk」
The policy of taking risks with an emphasis on the exit strategy, as well as real estate market risks associated with land readjustment project services, continues. - FY2024RestatedAnnual report
「For land readjustment project services, we have entered into a joint service agreement with a homebuilder. Going forward, for high-quality projects with a well-defined exit strategy, we intend to take appropriate risks ourselves with a view to real estate risk」
The disclosure continues to state that participation in project services and real estate market trends may affect performance. - FY2023RestatedAnnual report
「Going forward, for high-quality projects with a well-defined exit strategy, we intend to take appropriate risks ourselves with a view to real estate risk and improve profitability beyond the scope of our traditional consulting services. Depending on real estate market conditions, our group's performance may be affected.」
The disclosure continues to address land readjustment project services and market risks associated with taking appropriate risks with a view to real estate risk. - FY2022RestatedAnnual report
「Going forward, for high-quality projects with a well-defined exit strategy, we intend to take appropriate risks ourselves with a view to real estate risk and improve profitability beyond the scope of our traditional consulting services. Depending on real estate market conditions, our group's performance may be affected.」
The disclosure continues to address participation in joint project services and market risks associated with taking risks with a view to real estate risk. - FY2021RestatedAnnual report
「For land readjustment project services, we have entered into a joint service agreement with a homebuilder. Going forward, for high-quality projects with a well-defined exit strategy, we intend to take appropriate risks ourselves with a view to real estate risk」
The disclosure continues to address participation in project services and market risks associated with taking risks with a view to real estate risk. - FY2020First statedAnnual report
「We intend to take appropriate risks ourselves with a view to real estate risk and improve profitability beyond the scope of our traditional consulting services. Depending on real estate market conditions, our group's performance may be affected.」
For land readjustment project services, the assumption of real estate risk and the potential impact of real estate market trends on performance were explicitly disclosed as risks for the first time.