Decline in the Fair Value of Real Estate and Securities
First written in FY2016. 5 of 11 entries say "Materialised", first in FY2017. Latest entry: FY2026.
Toa moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 28 of 59 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For idle assets, the carrying amount was reduced to the recoverable amount due to a decline in fair value, and the reduction of ¥188 million was recorded as an impairment loss.」
The impairment loss due to a decline in the fair value of idle assets was ¥188 million, up from ¥78 million in the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「Impairment loss 22 3」
The impairment loss for the cumulative third quarter was ¥3 million, down from ¥22 million in the same period of the previous year. - FY2022MitigatedAnnual report
「For idle assets, the company reduced their carrying amounts to their recoverable amounts due to declines in market value and recorded the resulting ¥80 million reduction as an impairment loss.」
Although impairment due to declines in the fair value of idle assets occurred, the impairment loss decreased from ¥239 million in the previous consolidated fiscal year to ¥80 million. - FY2021MitigatedAnnual report
「Assets held are monitored through fair value measurement and other means. For idle real estate with no expected future use, we consider selling it and take other steps toward disposal. Policy-held shares are reviewed once a year for their purpose of ownership and economic rationale, among other factors, and when the benefits of holding them are deemed to have diminished, procedures for disposal are initiated as appropriate.」
The company specified responses to the risk of declines in asset fair values, including fair value measurement, consideration of selling idle real estate, and regular reviews and disposal procedures for policy-held shares. - FY2019WorsenedAnnual report
「For idle assets, the Company reduced their carrying amounts to their recoverable amounts due to declines in fair value and recognized the resulting decrease of ¥74 million as an impairment loss.」
The risk of declines in the fair value of assets continued to materialize as impairment losses, which increased from ¥59 million in the previous fiscal year to ¥74 million. - FY2017MaterialisedAnnual report
「For idle assets, the Company reduced their carrying amounts to their recoverable amounts due to declines in fair value and recognized the resulting decrease of ¥332 million as an impairment loss.」
Regarding the risk of declines in the fair value of assets, an impairment loss of ¥332 million was actually recorded due to a decline in the fair value of idle assets. - FY2016First statedAnnual report
「The Group may be affected by declines in the fair value of its real estate and securities holdings.」
Declines in the market value of assets held are identified as a risk to earnings and financial position.