Investor Presentaiton
Appendix 3
Property Sales Business Market Trends (Property Sales to Individuals)
Metropolitan Tokyo Condominium Market: Initial Month Contract & Unsold Inventory
(Thousands of units)
12
Avg. initial
contract rate
Avg. initial
contract rate for
2008: 62.7%
Avg. initial
contract rate for
2009: 69.7%
Inventory (LHS)
Initial month contract rate (RHS)
10
Avg. initial
contract rate
for 2010: 78.4% for 2011: 77.8%
82.8%
79.7%
(10/3)
(11/3)
(%)
Avg. initial
contract rate for
100 2012: 1H 77.6%
79.2% 69.3%
90
(12/3) (12/9)
8
6
4
2
0
70
8260
1/2004 7/2004 1/2005 7/2005 1/2006 7/2006 1/2007 7/2007 1/2008 7/2008 1/2009 7/2009 1/2010 7/2010 1/2011 7/2011 1/2012 7/2012
50
Source: Real Estate
40
Economic Institute Co.,
Ltd.
Metropolitan Tokyo Condominium Market: New Units Launched and Average Price per Unit
(Thousands of units)
(Millions of yen)
New units launched (LHS)
Avg. unit price Tokyo 23 wards (LHS)
Avg. unit price metro Tokyo (RHS)
100
70
61.2
(18.9%)
59.3
(-3.1%)
75
85
84
49.2
74
51.9
(-12.5%)
54.9
(5.9%)
53.3
(-2.9%)
60
60
46.6
(5.5%)
50
(1.4%)
61
50
51.4
(4.7%)
44
45
44
36
25
40
41.0
(0.9%)
41.0
(0.1%)
42.0
46.4
47.7
45.4
47.1
45.7
Source: Real Estate
(2.2%)
(10.6%)
(2.8%)
(-5.0%)
(4.0%)
(-2.9%)
Economic Institute Co.,
0
30
Ltd.
2004
2005
2006
2007
2008
2009
2010
2011 (Calendar years)
37View entire presentation