Risk of Valuation Losses on Real Estate Held for Sale
First written in FY2021. 19 of 20 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
Landnet moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 20 of 35 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The main factors were a ¥7,028 million increase in real estate for sale resulting from intensified property acquisitions and a ¥1,441 million decrease in cash and deposits.」
The balance of real estate for sale increased from ¥22.763 billion in the previous fiscal year to ¥29.792 billion, while inventory write-downs increased from ¥448 million to ¥735 million. Exposure to write-downs resulting from deteriorating market conditions and prolonged inventory holding has expanded. - FY2026-H1WorsenedAnnual report
「The main factor was an increase of ¥3,848 million in real estate held for sale associated with stronger purchases of properties handled.」
Real estate held for sale increased by ¥3.848 billion from ¥22.763 billion at the end of the previous consolidated fiscal year to ¥26.612 billion, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2025WorsenedAnnual report
「If the net realizable value falls more than expected due to deterioration in economic conditions or the real estate market, or if the amount of stagnant assets increases, additional valuation losses may need to be recognized in the consolidated financial statements for the following consolidated fiscal year and thereafter.」
Real estate held for sale increased from ¥16.619 billion to ¥22.764 billion, while inventory valuation losses rose from ¥126 million to ¥448 million. - FY2025-H1WorsenedAnnual report
「The main factors were an increase of ¥3,909 million in real estate held for sale associated with stronger purchases of properties handled and a decrease of ¥1,166 million in cash and deposits.」
Real estate held for sale increased by ¥3.909 billion from the end of the previous consolidated fiscal year to ¥20.529 billion, further expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2024WorsenedAnnual report
「If the net realizable value falls more than expected due to deterioration in economic conditions or the real estate market, or if the amount of stagnant assets increases, additional valuation losses may need to be recognized in the consolidated financial statements for the following consolidated fiscal year and thereafter.」
Real estate held for sale increased from ¥11.497 billion to ¥16.619 billion, while inventory valuation losses rose from ¥89 million to ¥126 million. - FY2024-Q3WorsenedAnnual report
「The main factors were an increase of ¥3,255 million in real estate held for sale associated with stronger purchases of properties handled and a decrease of ¥323 million in cash and deposits.」
The balance of real estate held for sale increased by ¥3,255 million from the end of the previous consolidated fiscal year to ¥14,752.073 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2024-Q2WorsenedAnnual report
「The main factors were an increase of ¥1,762 million in real estate held for sale associated with stronger purchases of properties handled and an increase of ¥719 million in cash and deposits.」
The balance of real estate held for sale increased by ¥1,762 million from the end of the previous consolidated fiscal year to ¥13,258.826 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2024-Q1WorsenedAnnual report
「The main factor was an increase of ¥2,008 million in real estate held for sale associated with stronger purchases of properties handled.」
Real estate held for sale increased by ¥2,008 million from the end of the previous consolidated fiscal year to ¥13,505.321 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2023WorsenedAnnual report
「For real estate held for sale, if the net realizable value falls below the carrying amount, the net realizable value is used as the amount reported on the consolidated balance sheet.」
Real estate held for sale was ¥11,496.600 million and inventory valuation losses were ¥89.020 million, up from ¥7,506.805 million and ¥19.038 million, respectively, in the previous fiscal year. - FY2023-Q3WorsenedAnnual report
「The main factors were an increase of ¥3,419 million in real estate held for sale associated with stronger purchases of properties handled and a decrease of ¥1,176 million in cash and deposits.」
Real estate held for sale increased by ¥3,419 million from the end of the previous consolidated fiscal year to ¥10,926.668 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2023-Q2WorsenedAnnual report
「The main factors were an increase of ¥276 million in real estate held for sale, an increase of ¥151 million in advances paid and a decrease of ¥213 million in cash and deposits.」
Real estate held for sale increased by ¥276 million from the end of the previous consolidated fiscal year to ¥7,783.654 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2023-Q1WorsenedAnnual report
「The main factors were an increase of ¥1,378 million in real estate held for sale, an increase of ¥78 million in advances paid and a decrease of ¥1,413 million in cash and deposits.」
Real estate held for sale increased by ¥1,378 million from the end of the previous consolidated fiscal year to ¥8,885 million, expanding the balance exposed to valuation-loss risk from market deterioration or prolonged holding periods. - FY2022WorsenedAnnual report
「The main factors were an increase of ¥2,398 million in real estate held for sale, an increase of ¥56 million in advances paid and a decrease of ¥64 million in cash and deposits.」
The balance of real estate held for sale increased to ¥7,506.805 million, while inventory valuation losses were ¥19.038 million. The balance exposed to valuation-loss risk from market deterioration or prolonged holding periods expanded. - FY2022-Q3WorsenedAnnual report
「The main factors were an increase of ¥2,734 million in real estate held for sale, an increase of ¥132 million in advances paid and a decrease of ¥1,474 million in cash and deposits.」
Real estate held for sale increased by ¥2,734 million from the end of the previous consolidated fiscal year, expanding the balance exposed to valuation-loss risk. - FY2021First statedAnnual report
「Going forward, a sharp change in real estate prices due to deterioration in economic conditions or the real estate market could seriously disrupt execution of the business plan and result in reductions in selling prices.」
Real estate held for sale amounted to ¥5,108.430 million, and the company disclosed the possibility of valuation losses if market conditions deteriorate or holding periods lengthen.