Profitability Assessment Risk for Property Under Development for Sale
First written in FY2023. 5 of 7 entries say "Worsened", first in FY2024. Latest entry: 2026-08-13.
JALCO Holdings 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: 11 of 37 companies on the "Worse" side.
41 other companies' latest entry also says "Worsened".
- 2026-08-13WorsenedEarnings
「Real estate for sale increased by ¥4.318 billion, advances paid by ¥108 million and short-term loans receivable by ¥76 million, while cash and deposits decreased by ¥4.954 billion and operating loans decreased by ¥469 million, among other changes.」
Real estate for sale increased by ¥4.318 billion from the end of the previous consolidated fiscal year, bringing the balance to ¥18.748 billion. - FY2026MaterialisedAnnual report
「Valuation loss on real estate for sale – 25,794」
The Company recognized an actual valuation loss of ¥25.794 million on real estate for sale as a write-down of book value due to a decline in profitability. Valuation risks relating to real estate for sale and real estate under development for sale have materialized as losses. - FY2026-H1WorsenedAnnual report
「Real estate for sale increased by ¥3,290 million, operating loans receivable by ¥2,242 million, and Other current assets, including deposits on contracts, by ¥591 million.」
Real estate for sale increased by ¥3,290 million from the end of the previous fiscal year to ¥18,884.544 million. The expansion in holdings of real estate for sale has increased exposure to the risk of inventory valuation losses arising from changes in estimates of profitability and net realizable value. - FY2025WorsenedAnnual report
「Real estate for sale 15,593,798; real estate under development for sale 1,403,000」
Real estate for sale increased from ¥10,828 million at the end of the previous fiscal year to ¥15,594 million. The increase in holdings of real estate for sale and other assets has increased the risk of valuation losses based on estimates of profitability and net realizable value. - FY2025-H1WorsenedAnnual report
「Real estate for sale increased by ¥2,268 million, cash and deposits by ¥1,142 million, and Other current assets, including deposits on contracts, by ¥591 million.」
Real estate for sale increased by ¥2,268 million from the end of the previous fiscal year to ¥13,096 million, while real estate under development for sale increased by ¥365 million to ¥3,577 million. The expansion in holdings of real estate for sale and other assets has increased exposure to profitability valuation and inventory valuation losses. - FY2024WorsenedAnnual report
「The Group's principal inventories are real estate held for sale and other assets held for sale. If, due to a decline in profitability, the estimated net realizable value at the end of the period falls below cost, the estimated net realizable value is used as the carrying amount on the consolidated balance sheet, and the difference is recognized as an inventory valuation loss resulting from a write-down of the book value.」
The Company recorded ¥10,828 million of real estate for sale and ¥3,211 million of real estate under development for sale, indicating an increase in the scale of its holdings. The risk of valuation losses has increased due to changes in assumptions concerning economic conditions, the market environment, competitors' trends and development plans. - FY2023First statedAnnual report
「The Group's principal inventories are real estate held for sale and other assets held for sale. If, due to a decline in profitability, the estimated net realizable value at the end of the period falls below cost, the estimated net realizable value is used as the carrying amount on the consolidated balance sheet, and the difference is recognized as an inventory valuation loss resulting from a write-down of the book value.」
The Company valued real estate under development for sale of ¥1,963 million based on assumptions concerning estimated selling prices, additional costs, economic conditions, the market environment, competitors' trends and development plans, and disclosed as a new risk the possibility of an inventory valuation loss if these assumptions change.