Risk of Holding Real Estate and Securities
First written in FY2017. 1 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
Taisei Oncho moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 24 of 52 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2024ReframedAnnual report
「Regular assessments of owned assets from the perspectives of their strategic rationale for ownership and asset soundness, together with timely and appropriate decisions, including sales, based on the assessment results.」
The response to asset-holding risk is described as extending beyond confirming the strategic rationale for ownership to include regular assessments and decisions on sales based on the assessment results. - FY2022MitigatedAnnual report
「Each asset is reviewed as needed, taking into account its strategic rationale for ownership and asset soundness, while efforts are made to reduce the risks associated with holding the assets.」
For the risks associated with changes in the fair value of real estate and marketable securities and impairment, ad hoc reviews taking into account the strategic rationale for ownership and asset soundness are identified as a response measure. - FY2017First statedAnnual report
「The Group owns real estate for business and rental purposes, as well as securities and other assets, and if changes in fair value or other factors give rise to the need for impairment losses,」
Changes in the fair value of owned real estate and marketable securities, and impairment charges, are described as separate risks.