Risk of Declining Land Prices and Impairment Losses
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2020: 50 of 96 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If land prices fall substantially in the future, losses may arise from the application of impairment accounting, which could affect the financial position, operating results and cash flows of the Group.」
The risk of falling land prices and impairment losses on land held continues to be disclosed. - FY2019RestatedAnnual report
「If land prices fall substantially in the future, losses may arise from the application of impairment accounting, which could affect the Company's financial position, operating results and cash flows.」
The risk of impairment losses resulting from falling land prices continues to be disclosed in the same terms. - FY2018RestatedAnnual report
「If land prices fall substantially in the future, losses may arise from the application of impairment accounting, which could affect the Company's financial position, operating results and cash flows.」
The risk of impairment losses resulting from falling land prices continues to be disclosed in the same terms. - FY2017RestatedAnnual report
「If land prices fall substantially in the future, losses may arise from the application of impairment accounting, which could affect the Company's financial position, operating results and cash flows.」
The risk of falling land prices and impairment losses on land held continues to be disclosed in the same terms. - FY2016First statedAnnual report
「If land prices fall substantially in the future, losses may arise from the application of impairment accounting, which could affect the Company's financial position, operating results and cash flows.」
The company discloses the risk of impairment resulting from falling land prices for land held, including land that has been revalued.