This is a survey of major companies which appear to have a great influence on land market trends, and is carried out to understand and organize their short-term intentions regarding land transactions, etc. with an aim to develop and provide simple and clear leading indicators.
[1] Judgment of current land transaction situation (DI)
"Tokyo"increased by 4.1 points to +35.8 points, "Osaka" increased by 21.8 points to +41.8 points, "Other regions" increased by 8.0 points to +4.4 point (Chart 1).
[2] Forecast of land transaction situation one year later (DI)
"Tokyo" increased by 8.3 points to +32.5 points, "Osaka"increased by 19.2 points to +26.2, "Other regions" increased by 5.9 points to 2.4 points (Chart 2).
Figure 1 DI about judgments of the current land transaction situation (by location of headquarters)
Note: DI = Rate of (Active)–(Sluggish). The unit is points.
Figure 2 DI about forecasts of the land transaction situation in a year’s time (by location of headquarters)
⇒Other finding is this
Listed companies (including over-the-counter trading) and unlisted companies with capital of 1 billion yen or more
(1) Judgments about the land transaction situation
(2) Judgments about land price levels
(3) Intentions to purchase or sell land
(4) Intentions to increase or decrease land and buildings for own company use