Risk of Defect Liability and Falling Inventory Values in Resale Transactions
First written in FY2020. 10 of 16 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-10-30.
No other company in this theme has enough history to compare yet.
- 2026-10-30RestatedManagement planning
「市況に応じて仕入・在庫保有量をコントロールする」
販売用不動産の評価減、保有長期化、資金固定化への対応として、市況に応じた仕入・在庫保有量の調整を掲げている。 - FY2026MaterialisedAnnual report
「6,927 thousand yen」
An inventory valuation loss of ¥6.927 million, based on reduced profitability, was recorded in cost of sales for real estate held for sale and real estate under development for sale. The risk of falling inventory prices materialized as an actual valuation loss. - FY2026-H1WorsenedAnnual report
「This was mainly due to a ¥476.036 million increase in real estate for sale and a ¥939.519 million increase in real estate for sale under development.」
Real estate for sale totaled ¥2,118.449 million and real estate for sale under development totaled ¥2,776.594 million, representing a combined increase of ¥1,415.555 million from the end of the previous consolidated fiscal year. Exposure to inventory and valuation loss risks associated with resale transactions increased, but the occurrence of any valuation loss was not stated. - FY2025-H1WorsenedAnnual report
「This was mainly due to a ¥339.301 million increase in real estate for sale and a ¥539.548 million increase in real estate for sale under development.」
From the end of the previous consolidated fiscal year, real estate for sale increased by ¥339.301 million and real estate for sale under development by ¥539.548 million, resulting in an overall ¥883.097 million increase in inventories. Exposure to inventory and valuation loss risks associated with resale transactions is increasing. - FY2024RestatedAnnual report
「Depending on changes in market conditions, business progress and sales conditions, the company may record additional valuation losses if net realizable value falls below carrying value.」
The company reported ¥969.405 million in real estate for sale and ¥903.172 million in real estate for sale under development, and disclosed the risk of additional valuation losses resulting from declines in net realizable value. - FY2024-Q3WorsenedAnnual report
「Current assets totaled ¥4,305.094 million, consisting mainly of cash and deposits of ¥2,246.695 million, accounts receivable and contract assets of ¥44.880 million, and real estate for sale of ¥1,875.328 million.」
Real estate for sale totaled ¥1,875.328 million, up from ¥1,652.931 million in the previous disclosure. Exposure to inventory associated with resale transactions increased further, but the occurrence of any contract non-conformity or inventory price decline was not stated. - FY2024-Q2WorsenedAnnual report
「Current assets totaled ¥3,218.071 million, consisting mainly of cash and deposits of ¥1,425.961 million, accounts receivable and contract assets of ¥23.543 million, and real estate for sale of ¥1,652.931 million.」
The company reported ¥1,652.931 million in real estate for sale and disclosed an ¥817.247 million increase in inventories in its cash flow information. Exposure to inventory associated with resale transactions was quantified, but the occurrence of any contract non-conformity or inventory price decline was not stated. - FY2023RestatedAnnual report
「Because this business is primarily engaged in brokering real estate properties, it does not incur liability for non-conformity of contracts or inventory risk. However, it conducts some property acquisition transactions as part of developing businesses and services in response to customer needs and may bear liability for non-conformity of contracts toward purchasers.」
While its business is centered on brokerage, the company continues to disclose the risks of liability for non-conformity of contracts and inventory price declines associated with some property acquisition transactions. - FY2023-Q3WorsenedAnnual report
「This was mainly due to a ¥424.745 million decrease in cash and deposits resulting from the acquisition of real estate for sale, partly offset by a ¥468.414 million increase in real estate for sale and a ¥42.306 million increase in lease deposits and guarantee deposits.」
Real estate for sale increased by ¥468.414 million from ¥810.602 million at the end of the previous fiscal year to ¥1,279.017 million. Exposure to inventory price declines and defect-related responses associated with resale transactions increased further, but the occurrence of any defects or price declines was not stated. - FY2022-Q3WorsenedAnnual report
「This was mainly due to a ¥291.774 million decrease in cash and deposits resulting from the acquisition of real estate for sale and other factors.」
Real estate for sale increased from ¥319.106 million at the end of the previous fiscal year to ¥530.484 million. This indicates greater exposure to inventory price declines and defect-related responses associated with resale transactions, but does not state that any defects or price declines occurred. - FY2021RestatedAnnual report
「As part of developing businesses and services in response to customer needs, we may conduct resale transactions in the future and may be liable for defects to purchasers.」
While its business is centered on brokerage, the company continues to disclose the risks of liability for defects and inventory price declines if it conducts resale transactions. - FY2020First statedAnnual report
「As part of developing businesses and services in response to customer needs, we may conduct resale transactions in the future and may be liable for defects to purchasers.」
In addition to its brokerage-focused business, the company has identified defect and inventory risks that could arise if it conducts resale transactions.