Risk of fluctuations in the prices and profitability of held real estate and securities
First written in FY2016. 14 of 33 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2026.
Nishimatsu Construction moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 24 of 52 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2026Updated sales of investment securities, balances and valuation differencesAnnual report
「Net income attributable to owners of the parent amounted to ¥24,066 million, up ¥6,522 million, or 37.2%, year on year, mainly because gains on sales of investment securities were recorded as extraordinary income.」
Investment securities were sold, generating a gain on sales of ¥833.8 million. The balance at period-end was ¥8,209.2 million, and the valuation difference on other securities was ¥1,428.5 million. A valuation loss of ¥102 million was also recorded. - FY2026-H1Updated the balance of investment securities and valuation difference for the interim periodAnnual report
「Investment securities 86,058 81,233 Valuation difference on other securities 10,826 14,189」
The balance of investment securities decreased from ¥8,605.8 million at the end of March 2025 to ¥8,123.3 million, while the valuation difference on other securities increased from ¥1,082.6 million to ¥1,418.9 million. Net cash provided by investing activities was ¥193.4 million, mainly due to the sale of investment securities. - FY2025-H1Updated the balance of investment securities for the interim periodAnnual report
「Investment securities 75,754 77,165 Valuation difference on other securities 16,905 13,810」
The balance of investment securities increased from ¥7,575.4 million at the end of the previous fiscal year to ¥7,716.5 million, while the valuation difference on other securities decreased from ¥1,690.5 million to ¥1,381.0 million. - FY2024MitigatedAnnual report
「Investment securities 35,868 75,754」
The balance of investment securities increased from ¥3,586.8 million at the end of the previous fiscal year to ¥7,575.4 million, and the valuation difference on other securities increased from ¥446.7 million to ¥1,690.5 million. Although the overall impact of price fluctuations was mitigated, ¥6 million in unlisted shares was impaired. - FY2024-Q3MitigatedAnnual report
「Investment securities 35,868 48,688 Valuation difference on other securities 4,467 10,187」
The balance of investment securities increased from ¥3,586.8 million at the end of the previous fiscal year to ¥4,868.8 million, and the valuation difference on other securities increased from ¥446.7 million to ¥1,018.7 million. The impact of valuation losses from fluctuations in the prices of securities held in the previous fiscal year was mitigated in the third quarter under review. - FY2024-Q2MitigatedAnnual report
「Assets at the end of the second quarter under review amounted to ¥543,635 million, up ¥30,011 million, or 5.8%, from the end of the previous fiscal year. Although real estate held for sale decreased, notes receivable and unbilled completed construction work, investment securities, and costs on uncompleted construction contracts increased.」
Investment securities increased from ¥35,868 million at the end of the previous fiscal year to ¥46,150 million, and the valuation difference on other securities increased from ¥4,467 million to ¥9,065 million. The impact of valuation losses from fluctuations in the prices of securities held in the previous fiscal year was mitigated in the quarter under review. - FY2024-Q1MitigatedAnnual report
「Investment securities 35,868 41,539」
The balance of investment securities increased from ¥3,586.8 million at the end of the previous fiscal year to ¥4,153.9 million, and the valuation difference on other securities increased from ¥446.7 million to ¥720.1 million. The impact of valuation losses from price fluctuations in the previous fiscal year was mitigated in the first quarter under review. - FY2023MaterialisedAnnual report
「Securities totaling ¥310 million, comprising ¥310 million in unlisted shares, were impaired.」
The risk of fluctuations in the prices and profitability of securities held was realized as a ¥310 million impairment loss. - FY2023-Q3MitigatedAnnual report
「Loss on valuation of investment securities 21 4」
The loss on valuation of investment securities decreased from ¥21 million in the cumulative period of the same quarter of the previous year to ¥4 million. Valuation losses continued to arise, but the impact of price fluctuations on profit and loss narrowed. - FY2023-Q2MaterialisedAnnual report
「Loss on valuation of investment securities 21 4」
A ¥4 million loss on valuation of investment securities was recorded, and the risk of price fluctuations in securities held continued to be realized as a valuation loss. The balance of investment securities increased from ¥3,548.5 million at the end of the previous fiscal year to ¥3,590.3 million. - FY2023-Q1Updated the balance of investment securities for the first quarterAnnual report
「Investment securities 35,485 37,035」
The balance of investment securities increased from ¥3,548.5 million at the end of March 2022 to ¥3,703.5 million at the end of the first quarter under review. - FY2022-Q3Updated the balance of investment securities for the third quarterAnnual report
「Investment securities 44,641 40,462」
The balance of investment securities decreased from ¥4,464.1 million at the end of the previous fiscal year to ¥4,046.2 million. The valuation difference on other securities also decreased from ¥1,062.7 million to ¥768.7 million. - FY2022-Q2MaterialisedAnnual report
「Loss on valuation of investment securities － 21」
A ¥21 million loss on valuation of investment securities was recorded for the cumulative second quarter under review, realizing the risk of price fluctuations in securities held as a valuation loss. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risks associated with fluctuations in the prices and profitability of real estate and securities held. - FY2021MaterialisedAnnual report
「For the rental properties described below, carrying amounts were reduced to recoverable amounts due to declining profitability, and the resulting ¥280 million reduction was recorded as an impairment loss under extraordinary losses.」
The risk of fluctuations in the profitability of real estate held was realized as a ¥280 million impairment loss on rental property in Hakodate, Hokkaido. Investment securities were also impaired by ¥53 million. - FY2021-Q3MitigatedAnnual report
「Assets at the end of the third quarter under review amounted to ¥515,749 million, up ¥18,704 million, or 3.8%, from the end of the previous fiscal year. Advances paid decreased, but property, plant and equipment and investment securities increased.」
Investment securities increased from ¥55,335 million at the end of the previous fiscal year to ¥60,777 million, mitigating the impact of declines in the prices of securities held during the quarter under review. - FY2021-Q2MitigatedAnnual report
「Net assets amounted to ¥200,646 million, up ¥1,359 million, or 0.7%, from the end of the previous fiscal year, as the valuation difference on other securities increased with the rise in share prices.」
The valuation difference on other securities increased as share prices rose, and the impact of valuation losses from fluctuations in the prices of investment securities in the previous fiscal year was not reflected in the cumulative second quarter under review. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the consolidated companies’ financial position, operating results or cash flows, or in the “Business Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risks associated with fluctuations in the prices and profitability of real estate and securities held. - FY2020MaterialisedAnnual report
「Securities totaling ¥1,235 million, comprising ¥1,235 million in listed shares classified as other securities, were impaired.」
The risk of fluctuations in the prices of investment securities was reflected in the annual results as a ¥1,235 million valuation loss and impairment loss. - FY2020-Q3MaterialisedAnnual report
「Loss on valuation of investment securities － 923」
A ¥923 million loss on valuation of investment securities was recorded for the cumulative nine-month period under review. The risk of price fluctuations in securities held continued to be realized as a valuation loss. - FY2020-Q2MaterialisedAnnual report
「Assets at the end of the second quarter under review amounted to ¥423,288 million, down ¥43,038 million, or 9.2%, from the end of the previous fiscal year. Property, plant and equipment increased, but notes receivable and unbilled completed construction work, advances paid, and investment securities decreased. Loss on valuation of investment securities － 939」
Investment securities decreased as share prices fell, and a ¥939 million loss on valuation of investment securities was recorded in FY2020-Q2. The risk of price fluctuations and valuation losses on securities held was realized as a loss. - FY2020-Q1WorsenedAnnual report
「Assets at the end of the first quarter under review amounted to ¥430,284 million, down ¥36,042 million, or 7.7%, from the end of the previous fiscal year. Notes receivable and unbilled completed construction work, cash and deposits, advances paid, and investment securities decreased, with the latter declining as share prices fell.」
Investment securities decreased from ¥77,075 million at the end of the previous fiscal year to ¥69,352 million as share prices fell, and the impact of fluctuations in the prices of securities held deteriorated. - FY2019-Q3WorsenedAnnual report
「Net assets amounted to ¥188,800 million, up ¥3,581 million, or 1.9%, from the end of the previous fiscal year. Other securities valuation difference increased as share prices rose, while retained earnings also increased.」
Investment securities decreased from ¥72,606 million at the end of the previous fiscal year to ¥71,727 million as share prices fell, while the valuation difference on other securities also decreased from ¥24,801 million to ¥21,732 million. The impact of fluctuations in the prices of securities held deteriorated again. - FY2019-Q2MitigatedAnnual report
「Investment securities 72,606 75,156」
Investment securities increased from ¥72,606 million at the end of the previous fiscal year to ¥75,156 million as share prices rose, mitigating the impact of declines in the prices of securities held. - FY2019-Q1MitigatedAnnual report
「Assets at the end of the first quarter under review amounted to ¥378,473 million, down ¥2,882 million, or 0.8%, from the end of the previous fiscal year. Cash and deposits and investment securities increased as share prices rose, but notes receivable and unbilled completed construction work, advances paid, and other assets decreased.」
Investment securities increased as share prices rose, mitigating the impact of declines in the prices of securities held. - FY2018MitigatedAnnual report
「Assets at the end of the fiscal year under review amounted to ¥383,953 million, down ¥1,721 million, or 0.4%, from the end of the previous fiscal year. Investment securities, property, plant and equipment, and advances paid increased as share prices rose, but cash and deposits, notes receivable and unbilled completed construction work, and other assets decreased.」
Investment securities increased from ¥66,395 million to ¥72,606 million as share prices rose, mitigating the impact of price declines compared with the previous fiscal year. - FY2018-Q3MitigatedAnnual report
「Assets at the end of the third quarter of the current consolidated fiscal year totaled ¥367,987 million, down ¥17,686 million, or 4.6%, from the end of the previous consolidated fiscal year, as decreases in cash and deposits, notes receivable, accrued construction revenue and other items outweighed increases in investment securities associated with the rise in share prices and tangible fixed assets.」
Investment securities increased from ¥66,395 million at the end of the previous fiscal year to ¥74,958 million as share prices rose, mitigating the impact of declines in the prices of securities held. - FY2018-Q2MitigatedAnnual report
「Assets at the end of the second quarter of the current consolidated fiscal year totaled ¥357,400 million, down ¥28,273 million, or 7.3%, from the end of the previous consolidated fiscal year, as decreases in cash and deposits, notes receivable, accrued construction revenue and other items outweighed increases in investment securities associated with the rise in share prices, land and advances paid.」
Investment securities increased from ¥66,395 million to ¥71,086 million as share prices rose, and valuation differences on other securities also increased from ¥20,727 million to ¥24,801 million. The impact of declines in the prices of securities held was reduced. - FY2018-Q1MitigatedAnnual report
「Assets at the end of the first quarter of the current consolidated fiscal year totaled ¥374,258 million, down ¥11,415 million, or 3.0%, from the end of the previous consolidated fiscal year, as decreases in notes receivable, accrued construction revenue and other items outweighed increases in cash and deposits, advances paid and investment securities associated with the rise in share prices.」
Investment securities increased from ¥66,395 million at the end of the previous consolidated fiscal year to ¥71,660 million as share prices rose, reducing the impact of declines in the prices of securities held compared with the previous quarter. - FY2017-Q3MitigatedAnnual report
「Investment securities 65,761 65,420」
Investment securities declined only slightly, by ¥341 million, from the end of the previous consolidated fiscal year, while valuation differences on other securities increased from ¥21,205 million to ¥22,358 million. - FY2017-Q2WorsenedAnnual report
「Investment securities 65,761 59,000」
Investment securities declined from ¥65,761 million at the end of the previous consolidated fiscal year to ¥59,000 million. Valuation differences on other securities also declined from ¥21,205 million to ¥17,331 million. - FY2017-Q1MaterialisedAnnual report
「Due mainly to decreases in trade receivables, including notes receivable and accrued construction revenue, and decreases in investment securities accompanying the decline in share prices, the balance was ¥339,632 million, down ¥11,702 million, or 3.3%, from the end of the previous consolidated fiscal year.」
Investment securities declined from ¥65,761 million to ¥59,538 million as share prices fell, and valuation differences on other securities also declined. The price fluctuation risk of securities held materialized in the results. - FY2016First statedAnnual report
「If the fair value or profitability of assets held, including real estate for sale, real estate for business use and marketable securities, declines substantially, this may affect business performance and other matters.」
Real estate for sale, real estate for business use and marketable securities were treated as a single risk relating to assets held.