Risk of inventory write-downs due to lower net realizable values of properties for sale and properties under development
First written in FY2021. 6 of 9 entries say "Restated". Latest entry: FY2026.
STrust moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2018: 11 of 39 companies on the "Worse" side.
35 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Valuation of real estate held for sale and real estate under development for sale Inventory valuation loss △0 3」
An inventory valuation loss of ¥3 million was recorded in the current fiscal year, indicating that the risk of recording a valuation loss due to a decline in net realizable value actually materialized. - FY2025RestatedAnnual report
「If changes in market conditions, a significant deterioration in the economic environment, delays in development schedules or other factors change the assumptions underlying estimates of net realizable value, additional valuation-loss accounting may be required.」
The risk of recording valuation losses related to estimates of the net realizable value of inventory continues. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters among those relating to the business and financial conditions described in this interim securities report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risk of recording valuation losses due to a decline in the net realizable value of real estate held for sale and other assets. - FY2025-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risk of recording valuation losses due to a decline in the net realizable value of real estate held for sale and other assets. - FY2023MaterialisedAnnual report
「Real estate held for sale 1,261 1,967 Real estate under development for sale 15,701 17,789 Inventory valuation loss − 9」
A ¥9 million inventory valuation loss was recorded in the current consolidated fiscal year because the net realizable value of real estate held for sale and real estate under development for sale fell below their carrying amounts. This indicates that the risk of recording a valuation loss actually materialized. - FY2022-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risk of recording valuation losses due to a decline in the net realizable value of real estate held for sale and other assets. - FY2022-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risk of recording valuation losses due to a decline in the net realizable value of real estate held for sale and other assets. - FY2022-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no occurrences of matters relating to the business or financial condition described in this quarterly report that could have a material effect on investors' decisions, nor any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risk of recording valuation losses due to a decline in the net realizable value of real estate held for sale and other assets. - FY2021First statedAnnual report
「If a deterioration in market conditions, a significant deterioration in the operating environment or development delays require impairment losses to be recognized, or if changes in assumptions underlying estimates cause net realizable values to decline, additional impairment-loss accounting may be required.」
The company identifies the possibility that additional impairment losses may be required because of deteriorating market or operating conditions, development delays or changes in assumptions used to calculate the net realizable value of property for sale and related assets.