Risk of Declining Value of Securities and Operating Real Estate
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2022.
Fujita Engineering moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2019: 10 of 23 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「Because the Group holds assets such as securities and operational real estate for business purposes, if doubts arise about an issuer's ability to continue as a going concern or the fair value of securities declines substantially, or if the fair value or profitability of operational real estate declines substantially, this may affect the Group's business performance and other matters through impairment losses or other measures. The Group determines the appropriateness of investments at meetings of the Board of Directors and other bodies.」
The risk factors for marketable securities have been reorganized to include not only the risk of declines in fair value but also doubts about the issuer's going-concern status. The process of determining the appropriateness of investments through the Board of Directors and other bodies remains in place. - FY2020MitigatedAnnual report
「The Group determines the appropriateness of investments at meetings of the Board of Directors and other bodies.」
In response to the risk of declines in the value of securities and operational real estate, it describes a control measure under which the appropriateness of investments is determined by the Board of Directors and other bodies. - FY2019RestatedAnnual report
「Because the Group holds assets such as securities and operational real estate for business purposes, a substantial decline in the fair value of securities, or a substantial decline in the fair value or profitability of operational real estate, may affect the Group's business performance and other matters.」
It continues to describe the risk of declines in the value of securities and operational real estate. - FY2018RestatedAnnual report
「Because the Group holds assets such as securities and operational real estate for business purposes, a substantial decline in the fair value of securities, or a substantial decline in the fair value or profitability of operational real estate, may affect the Group's business performance and other matters.」
It continues to describe the risk of declines in the value of securities and operational real estate. - FY2017RestatedAnnual report
「Because the Group holds assets such as securities and operational real estate for business purposes, a substantial decline in the fair value of securities, or a substantial decline in the fair value or profitability of operational real estate, may affect the Group's business performance and other matters.」
It continues to describe the risk of declines in the value of securities and operational real estate. - FY2016First statedAnnual report
「If the fair value of securities declines substantially, or if the fair value or profitability of operational real estate declines substantially, this may affect the Group's business performance and other matters.」
It identifies declines in the fair value and profitability of securities held for business purposes and operational real estate as risks.