Risk of Prolonged Holding of Real Estate for Sale and Sales Price Revisions
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 13 of 26 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Depending on market conditions, real estate may remain unsold or selling prices may need to be revised. In such cases, the recognition of impairment losses on real estate and other factors may affect the group's business performance and financial condition.」
The risks of deviations from sales plans for real estate held for sale, prolonged holding periods, revisions to selling prices, and the recognition of impairment losses continue. - FY2022RestatedAnnual report
「The real estate sales business holds real estate for sale. These properties are managed appropriately based on sales plans, but significant deviations from the original sales plans may occur. Depending on market conditions, real estate may also remain unsold or selling prices may need to be revised.」
The risks of deviations from sales plans for real estate held for sale, prolonged holding periods, revisions to selling prices, and the recognition of impairment losses continue. - FY2021RestatedAnnual report
「The real estate sales business holds real estate for sale. These properties are managed appropriately based on sales plans, but significant deviations from the original sales plans may occur. Depending on market conditions, real estate may also remain unsold or selling prices may need to be revised.」
The risks of deviations from sales plans for real estate held for sale, prolonged holding periods, revisions to selling prices, and the recognition of impairment losses continue to be disclosed. - FY2020WorsenedAnnual report
「Depending on market conditions, real estate may remain unsold or selling prices may need to be revised, and revisions may also be required if there is a divergence from the sales plan or from market prices for the real estate. In such cases, the recognition of impairment losses on real estate and other factors may affect the group's business performance and financial condition.」
In addition to the existing risks of prolonged holding periods and revisions to selling prices for real estate held for sale, the disclosure explicitly described the effects on business performance and financial condition of deviations from sales plans and the recognition of impairment losses. - FY2019First statedAnnual report
「The real estate sales business manages its properties appropriately based on sales plans, but depending on market conditions, properties may remain unsold or selling prices may need to be revised, potentially affecting business performance.」
The prolonged holding of real estate held for sale and revisions to selling prices in the real estate sales business were disclosed for the first time as risks that could affect business performance.