Asset Holding Risk in Real Estate and Securities
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2023.
Tomoe moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 9 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Because the company holds assets such as real estate and securities, a decline in the market value, profitability or asset value of real estate due to changes in economic conditions or other factors, or a change in the holding policy, may affect operating performance and other matters. In the case of securities, operating performance and other matters may be affected if stock-market conditions require impairment or other accounting treatment.」
For real estate, the company identifies not only declines in market value but also lower profitability and changes in the holding policy as specific impact factors, while for securities it identifies impairment charges. - FY2022RestatedAnnual report
「With respect to securities, the Board of Directors comprehensively considers the benefits, risks and other factors associated with each holding from both qualitative and quantitative perspectives and verifies whether continued ownership is appropriate. Following this review, the company is proceeding with the sale of holdings it determines have no recognized purpose.」
The policy of having the Board of Directors review whether to continue holding securities and selling holdings with no recognized purpose continues. - FY2021RestatedAnnual report
「With respect to securities, the Board of Directors comprehensively considers the benefits, risks and other factors associated with each holding from both qualitative and quantitative perspectives and verifies whether continued ownership is appropriate. Following this review, the company is proceeding with the sale of holdings it determines have no recognized purpose.」
The policy of having the Board of Directors review whether to continue holding securities and selling holdings with no recognized purpose remains in place. - FY2020MitigatedAnnual report
「For each security holding, the Board of Directors comprehensively considers the benefits, risks and other factors associated with holding it from both qualitative and quantitative perspectives and verifies whether continued ownership is appropriate. Following this review, the company is proceeding with the sale of holdings it determines have no recognized purpose.」
The company has disclosed a management process for reviewing whether to continue holding real estate and securities and selling holdings with limited strategic significance in response to market-value fluctuation risk. - FY2018First statedAnnual report
「Because the company holds assets such as real estate and securities, changes in their market value may affect operating performance and other matters.」
Changes in the market value of held real estate and securities are described as an asset-holding risk.