Daiwa to Exit New Homebuilding in 23 Prefectures in Japan
Osaka, Sept. 4 (Jiji Press)--Daiwa House Industry Co. said Friday it will quit new detached-home construction in 23 of Japan's 47 prefectures following a long-term downtrend for starts of such homes amid rising material and construction costs and population declines. From April 2027, the company will focus its detached-home business on urban areas including Tokyo and the western prefecture o...
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