Risk of Declining Inventory Values of Product Investment Interests, Aircraft Held for Sale and Other Assets
First written in FY2023. 6 of 10 entries say "Worsened", first in FY2025. Latest entry: 2026-10-28.
SBI Leasing Services moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 10 of 35 companies on the "Worse" side.
42 other companies' latest entry also says "Worsened".
- FY2026MaterialisedAnnual report
「Product equity investments 51,778 76,363 Aircraft for sale and other assets 25,488 15,152 ... Valuation loss on product equity investments ¥491 million ¥772 million」
Product equity investments increased to ¥76,363 million and aircraft for sale and other assets totaled ¥15,152 million. Valuation losses on product equity investments continued, increasing from ¥491 million to ¥772 million. - FY2025WorsenedAnnual report
「Product equity investments 51,778 Aircraft for sale and other assets 25,488」
Product equity investments totaled ¥51,778 million and aircraft for sale and other assets ¥25,488 million, increasing exposure to pre-sale inventory. The disclosed write-down due to lower profitability was zero for the fiscal year. - FY2024MaterialisedAnnual report
「Product equity investments 21,768 50,985 Write-down due to lower profitability — 156」
Product equity investments increased to ¥50,985 million, and a ¥156 million write-down due to lower profitability was recorded, showing the value-decline risk in actual impairment losses. - FY2023First statedAnnual report
「If, before the product equity investments or aircraft for sale and other assets are transferred, their value falls below the group’s acquisition cost because of a decline in the value of the leased asset, deterioration in the borrower’s credit standing, foreign-exchange movements or other factors, the group’s operating results and financial position may be affected.」
The company discloses the risk of valuation or disposal losses on product equity investments and aircraft for sale held before transfer to investors because of asset-value declines, weaker borrower credit or foreign-exchange movements.