Risk of Valuation Losses Due to Market Fluctuations in Real Estate Held for Sale
First written in FY2025. 1 of 2 entries say "Materialised", first in FY2026. Latest entry: FY2026.
Eltes 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 37 companies on the "Worse" side.
35 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Real estate held for sale ¥799.979 million Inventory valuation loss included in cost of sales: ¥9.951 million」
The balance of real estate held for sale was ¥799.979 million, and an inventory valuation loss of ¥9.951 million was recognized in the current fiscal year. The risk of additional valuation losses due to changes in assumptions such as market conditions and expected selling prices remains. - FY2025First statedAnnual report
「Real estate held for sale ¥260.494 million Based on the key assumptions above and fluctuations in real estate market conditions, the carrying amount has been written down under the lower-of-cost-or-market method. Accordingly, if the key assumptions used to value inventories change, an additional impairment loss may be recognized in the following consolidated fiscal year.」
It states that additional impairment losses may arise in the following fiscal year on real estate held for sale of ¥260.494 million due to changes in assumptions such as expected selling prices, rents and capitalization rates, as well as fluctuations in real estate market conditions.