Impairment risk for real estate for sale and income-producing real estate
First written in FY2022. 2 of 4 entries say "Materialised", first in 2026-06-05. Latest entry: FY2026.
Yamaichi Real Estate moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 11 of 21 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Ending inventories are stated after write-downs for lower profitability, and the following inventory valuation loss is included in cost of sales: ¥113,573 thousand.」
An inventory valuation loss of ¥113,573 thousand was recognized due to lower profitability of real estate for sale and other properties, causing part of the risk of declining property value to materialize as an actual loss. - 2026-06-05MaterialisedGeneral Meetings of Shareholders
「Impairment loss ¥125.843 million」
The company states that an impairment loss of ¥125.843 million was recognized on goodwill, indicating that asset-value and impairment risk materialized as an actual loss. - FY2025RestatedAnnual report
「If real estate market conditions deteriorate and net realizable value declines significantly, losses may arise and have a material impact.」
The risks of declining value and impairment of real estate for sale and income-producing real estate are reaffirmed. No impairment loss was recognized during the current fiscal year. - FY2022First statedAnnual report
「If the value of these inventories and fixed assets declines because of a significant deterioration in real estate market conditions or other factors, valuation losses or impairment may be recognized, potentially affecting the Group’s operating results and financial condition.」
The Group relies on estimates including net realizable value of real estate for sale, rental demand, occupancy and development plans after changes in holding objectives.