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Paraca (4809) · RiskIncrease in the carrying value of assets held as a response

Difficulty securing land for parking facilities due to increased activity in the real estate market

First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2025.

8entries
10years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2016 – FY20252016: 12017: 120172018: 120182019: 020192020: 120202021: 020212022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Difficulty securing parking sites amid a more active real estate marketA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Other".

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  1. FY2025Increase in the carrying value of assets held as a responseAnnual report

    「As a response to this risk, we own parking facilities with a carrying value of ¥39,696 million, mainly consisting of land covered by real estate trust beneficiary rights, that have high gross profit margins and no cancellation risk.」

    The company continues to identify difficulty securing land due to an active real estate market as a risk, and the carrying value of assets held as a response increased from ¥36,108 million to ¥39,696 million.
  2. FY2024Increase in the carrying value of assets held as a responseAnnual report

    「As a response to this risk, we own parking facilities with a carrying value of ¥36,108 million, including land covered by real estate trust beneficiary rights, that have high gross profit margins and no cancellation risk.」

    The company continues to identify difficulty securing land due to an active real estate market as a risk, and the carrying value of assets held as a response increased from the ¥31,684 million previously reported to ¥36,108 million.
  3. FY2023Increase in the carrying value of assets held as a responseAnnual report

    「As a response to this risk, we own parking facilities with a carrying value of ¥31,684 million, including land covered by real estate trust beneficiary rights, that have high gross profit margins and no cancellation risk.」

    The company continues to identify difficulty securing land due to an active real estate market as a risk and cites ¥31,684 million of owned parking facilities as a response.
  4. FY2022RestatedAnnual report

    「As of the filing date, the company is not aware of any information indicating that this risk is expected to materialize.」

    The company continues to identify difficulty securing parking-site land due to an active real estate market as a risk and states that it is not aware of any information indicating that the risk is expected to materialize at present. As a response, it cites its ownership of parking facilities with a carrying value of ¥29,521 million.
  5. FY2020RestatedAnnual report

    「As of the filing date, the company is not aware of any information indicating that this risk is expected to materialize.」

    The company continues to identify difficulty securing parking-site land due to an active real estate market as a risk and states that it is not aware of any information indicating that the risk is expected to materialize at present. As a response, it cites its ownership of parking facilities with a carrying value of ¥26,439 million.
  6. FY2018RestatedAnnual report

    「Looking ahead, if the real estate market becomes more active due to factors including land-price trends and changes to the tax system relating to land, landowners may have more options for making effective use of their land, which could make it difficult for the company to secure land for parking facilities.」

    The company continues to identify difficulty securing parking-site land due to land prices, land taxation and an active real estate market as a risk.
  7. FY2017RestatedAnnual report

    「Looking ahead, if the real estate market becomes more active due to factors including land-price trends and changes to the tax system relating to land, landowners may have more options for making effective use of their land, which could make it difficult for the company to secure land for parking facilities.」

    The company continues to identify difficulty securing parking-site land due to land prices, land taxation and an active real estate market as a risk.
  8. FY2016First statedAnnual report

    「Looking ahead, if the real estate market becomes more active due to factors including land-price trends and changes to the tax system relating to land, landowners may have more options for making effective use of their land, which could make it difficult for the company to secure land for parking facilities.」

    The company identifies as a risk, for the first time, the possibility that landowners' options may increase due to land prices, land taxation and real estate market trends, making it more difficult to secure land for parking facilities.
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Paraca's next results are scheduled for 2026-11-06. Read the earnings preview
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Difficulty securing land for parking facilities due to increased activity in the real estate market | Paraca Inc. (4809) | Komori