Declines in Real Estate Values Due to Natural and Man-Made Disasters
First written in FY2019. 4 of 5 entries say "Restated". Latest entry: FY2025.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a natural disaster such as an earthquake, severe storm or flood, or a man-made disaster such as war, rioting, terrorism or fire occurs, particularly in the three Jonan wards, the Group's principal project area, the value of the real estate sold by the Group could decline significantly,」
The risk that natural and man-made disasters could reduce the value of properties sold in the three Jonan wards remains. - FY2023RestatedAnnual report
「If a natural disaster such as an earthquake, severe storm or flood, or a man-made disaster such as war, rioting, terrorism or fire occurs, particularly in the three Jonan wards, the Company's principal project area, the value of the real estate sold by the Company could decline significantly,」
The risk that natural and man-made disasters could reduce the value of properties sold and affect the business base in the three Jonan wards remains. - FY2022RestatedAnnual report
「If a natural disaster such as an earthquake, severe storm or flood, or a man-made disaster such as war, rioting, terrorism or fire occurs, the value of the real estate sold by the Company could decline significantly, affecting its financial position and operating results.」
The risk that natural and man-made disasters could reduce the value of properties sold and affect the business base in the three Jonan wards remains. - FY2020RestatedAnnual report
「If a natural disaster such as an earthquake, severe storm or flood, or a man-made disaster such as war, rioting, terrorism or fire occurs, the value of the real estate sold by the Company could decline significantly, affecting its financial position and operating results.」
The Company continues to disclose the risk that natural and man-made disasters could reduce the value of properties sold and affect its business base in the three Jonan wards. - FY2019First statedAnnual report
「If a natural disaster such as an earthquake, severe storm or flood, or a man-made disaster such as war, rioting, terrorism or fire occurs, the value of the real estate sold by the Company could decline significantly, affecting its financial position and operating results.」
The potential effects of natural disasters and other events on the value of properties sold and the business base in the three Jonan wards are identified as business risks.