Impairment Risk Associated with VIS Building Real Estate
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the fair value of real estate acquired to operate The Place, a flexible office, declines significantly, or the profitability of the business deteriorates with no prospect of recovery, impairment losses on property, plant and equipment and other fixed assets may be recognized under impairment accounting, potentially affecting the performance and financial position of our group.」
The impairment risk associated with declining fair value and deteriorating profitability of real estate related to The Place continues to be disclosed. - FY2023RestatedAnnual report
「If the fair value of real estate acquired to operate The Place, a flexible office, declines significantly, or the profitability of the business deteriorates with no prospect of recovery, impairment losses on property, plant and equipment and other fixed assets may be recognized under impairment accounting, potentially affecting the performance and financial position of our group.」
The impairment risk associated with declining fair value and deteriorating profitability of real estate related to The Place continues to be disclosed. - FY2022RestatedAnnual report
「If the fair value of real estate acquired to operate The Place declines significantly, or the profitability of the business deteriorates with no prospect of recovery, impairment losses on property, plant and equipment and other fixed assets may be recognized under impairment accounting, potentially affecting our performance and financial position.」
The impairment risk associated with declining fair value and deteriorating profitability of real estate related to The Place continues to be disclosed. - FY2021First statedAnnual report
「If the fair value of real estate acquired for the VIS building business declines significantly, or the profitability of the business deteriorates with no prospect of recovery, impairment losses on property, plant and equipment and other fixed assets may be recognized under impairment accounting, potentially affecting our performance and financial position.」
The possibility of impairment losses due to a significant decline in real estate fair value or deteriorating business profitability is described.