The Japanese Defense Industry - Competitive Landscape and Strategic Insights to 2016: Market Profile
- Published: May 2012
- Region: Japan
The Japanese real estate market remains depressed due to the weakened global economy, which started to slump after the collapse of Lehman Brothers in the U.S. in September 2008. Recent surveys by Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) show the extent of the downturn within the real estate market. In the land price survey it released in September 2009, the MLIT reported a continuous decline in prices for the 12-month period from July 2008, reflecting the difficult economic conditions. In addition, August 2009 new housing starts were below the previous year, showing consecutive year-on-year decreases from December 2008 through August 2009. But despite this grim news, there have been signs in recent months that land prices may...
Companies mentioned in this report are: Mitsubishi Estate Co. Ltd.,Mitsui Fudosan Co. Ltd.,Sumitomo Realty & Development Co. Ltd.,Japan Housing Finance Agency,Toyo Property Co. Ltd.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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Mitsubishi Estate Co. Ltd.,Mitsui Fudosan Co. Ltd.,Sumitomo Realty & Development Co. Ltd.,Japan Housing Finance Agency,Toyo Property Co. Ltd.