Inability to Sell or Delays in Selling Real Estate Held for Sale
First written in FY2022. 7 of 9 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2020: 8 of 22 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the self-storage development-for-sale business, we sold 4 large indoor self-storage properties and the container portions of 8 container-type self-storage properties to investors.」
During the fiscal year, we sold multiple large indoor properties and container portions to investors and reported sales results for real estate for sale. - 2026-03-16MitigatedFinancial results
「We also sold Hotel R9 The Yard Kasai.」
The disclosure reports the sale of one hotel property in the other real estate transactions business and the sale of property held for sale. - FY2026-H1MitigatedAnnual report
「In the self-storage development-for-sale business, we sold the Shimotani large indoor facility and the container portions of 2 container-type self-storage properties to investors.」
We sold development and sales properties and reported sales results for real estate for sale. - FY2025MitigatedAnnual report
「In the self-storage development-for-sale business, we have recognized sales revenue from the sale of the 6 Tokyo metropolitan area development projects, namely the Tennocho, Setagaya-Ikejiri, Hatagaya, Kameido, Minamisuna and Suginami-Miyamae facilities.」
We recorded sales from the sale of multiple development projects and reported sales results for real estate for sale. - FY2024MitigatedAnnual report
「This was due to the completion and sale of the Shimomeguro Trunk Room, Higashinagasaki Trunk Room, Nishioi Trunk Room and Naha Izumizaki Trunk Room, among other factors.」
We completed and sold development properties, documenting the response to the risks of being unable to sell or delaying the sale of real estate for sale. - FY2024-Q3MitigatedAnnual report
「As disclosed on 12 September of this year, sales contracts have been signed for all 3 stores, and delivery and settlement are scheduled for the fourth quarter.」
Sales contracts have been signed for 3 projects in the Tokyo metropolitan area, representing progress from the previous situation in which no buyers had been secured. However, delivery and settlement are scheduled for a future date. - FY2024-Q2RestatedAnnual report
「Although 3 development projects in Okinawa and the Tokyo metropolitan area were under construction, the scheduled sale period was concentrated in the fourth quarter. Accordingly, as of the second quarter, we recorded sales from the sale of trunk-room containers and interior fit-out portions.」
The concentration of development property sales in the fourth quarter continued, and as of the current quarter we recorded sales from the sale of container and interior fit-out portions. - FY2023MitigatedAnnual report
「Real estate for sale in the development and sales business amounted to ¥454,437 thousand, down 30.5% from the end of the previous fiscal year. This was due to sales following completion of development properties.」
Real estate for sale declined as development properties were completed and sold, documenting the response to the risks of being unable to sell or delaying the sale of properties. - FY2022First statedAnnual report
「If real estate for sale cannot be sold or the sale is delayed, we may report an ordinary loss.」
The Company identifies risks that investor demand, expected occupancy, property prices and construction schedules may change the timing or price of sales.