Impairment and Valuation Losses on Held Assets
First written in FY2017. 1 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2022.
Sekisui House moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 24 of 52 companies on the "Worse" side.
27 other companies' latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, the carrying amounts of training facilities and other assets were reduced to their recoverable amounts, and the reductions were recorded as impairment losses under extraordinary losses.」
The Group recorded ¥539 million in impairment losses on assets held, including training facilities. - FY2017First statedAnnual report
「A decline in the fair value of marketable securities, real estate held for sale, property, plant and equipment and other assets held by the Group could result in impairment or valuation losses, affecting the Group's performance and financial condition.」
The disclosure describes the possibility of recording impairment and valuation losses due to declines in the fair value of marketable securities, real estate held for sale and property, plant and equipment.