Market and Valuation Risk for Real Estate Held for Sale
First written in FY2023. 4 of 7 entries say "Worsened", first in FY2026-H1. Latest entry: 2026-08-14.
Sds Holdings moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 10 of 36 companies on the "Worse" side.
41 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedEarnings
「Real estate for sale: from ¥2,191,309 million to ¥2,478,253 million」
Real estate for sale increased ¥286 million from the end of the previous consolidated fiscal year, increasing the valuation exposure related to real estate market conditions and expected sales proceeds. - FY2026WorsenedAnnual report
「Real estate held for sale 2,191,309 The expected selling price is subject to uncertainty, including fluctuations in real estate market conditions, and may be affected by future changes in uncertain conditions. If the underlying assumptions change, this could have a material impact on the consolidated financial statements from the next consolidated fiscal year onward.」
Real estate held for sale increased from ¥1,849.518 million at the end of the previous fiscal year to ¥2,191.309 million. The Company continues to disclose valuation risks related to real estate market conditions and expected sales proceeds, but did not record a write-down of the carrying value of inventories during the current fiscal year. - 2026-05-15WorsenedRevision of earnings forecasts
「This was mainly due to a ¥265 million decrease in cash and deposits, a ¥109 million increase in trade receivables and a ¥341 million increase in real estate held for sale, among other factors.」
Real estate held for sale increased by ¥341 million from the end of the previous fiscal year, expanding valuation exposure related to changes in market conditions and expected sales proceeds. - FY2026-H1WorsenedAnnual report
「At the end of the six-month consolidated accounting period, total assets had increased by ¥515 million from the end of the previous consolidated fiscal year to ¥5,220 million. This was mainly due to increases of ¥38 million in buildings, ¥93 million in land and ¥572 million in real estate held for sale, together with decreases of ¥214 million in cash and deposits and ¥33 million in accounts receivable, among other factors.」
Real estate for sale increased by ¥572 million from the end of the previous fiscal year, bringing the balance to ¥2,421.666 million. While the valuation exposure related to real estate market conditions and expected sales proceeds has expanded, the interim-period disclosure does not indicate any write-down of the carrying amount of inventories. - FY2025MaterialisedAnnual report
「Real estate held for sale ¥1,849.518 million Write-down of inventory carrying value ¥1.857 million」
Real estate held for sale increased from ¥1,685.729 million at the end of the previous fiscal year to ¥1,849.518 million. With risks related to real estate market conditions and changes in expected sales prices continuing, the company recorded a ¥1.857 million write-down of inventory due to declining profitability, indicating that valuation risk has materialized as an actual loss. - FY2024MaterialisedAnnual report
「Real estate held for sale ¥1,685,729 thousand Write-down of inventory carrying value ¥459 thousand」
The company continues to disclose the risks of changes in expected sales proceeds and real estate market conditions for real estate held for sale. The balance at the end of the current fiscal year was ¥1,685.729 million, and a ¥459 thousand write-down of the carrying value of inventories was recorded due to lower profitability, indicating that part of the valuation risk has materialized as an actual loss. - FY2023First statedAnnual report
「Real estate held for sale: ¥2,162.749 million The expected selling price is subject to uncertainty arising from fluctuations in real estate market conditions and may be affected by future changes in uncertain conditions. If the underlying assumptions change, this could materially affect the consolidated financial statements from the following fiscal year onward.」
The Company recognized ¥2,162.749 million of real estate held for sale following the acquisition of a consolidated subsidiary and disclosed that changes in real estate market conditions and expected selling prices could affect financial statements from the following fiscal year onward.