Risk of impairment of real estate held for sale at Metsa Village
First written in FY2020. 2 of 6 entries say "Restated". Latest entry: 2026-03-26.
No other company in this theme has enough history to compare yet.
- 2026-03-26MitigatedM&A and Subsidiary Changes
「We believe that the off-balance-sheet treatment of the assets and liabilities related to Moominvalley Park will improve asset efficiency and reduce the impairment risk associated with property, plant and equipment and other assets.」
The disclosure indicates that impairment risk will decline as Moominvalley Park-related assets are removed from the consolidated group. - FY2025MaterialisedAnnual report
「Impairment loss on real estate held for sale (cost of sales) ¥55,896 thousand ¥200,000 thousand」
An additional impairment loss of ¥200 million was recognized on real estate held for sale at Metsä Village in the fiscal year ending September 2025, further crystallizing the impairment risk. - FY2024MaterialisedAnnual report
「In the fiscal year ended September 2024, the company recognized an impairment loss of ¥55 million on real estate held for sale, using the appraised value determined by a real estate appraiser as its net selling price. As of 30 September 2024, real estate held for sale at Metsä Village amounted to ¥4,010 million, but if the net selling price declines in the future, an impairment loss may be recognized.」
The risk of impairment of real estate held for sale at Metsä Village materialized as the recognition of an impairment loss of ¥55.896 million. The balance of real estate held for sale after the valuation was ¥4,010 million, and the possibility of additional impairment losses remains. - FY2023RestatedAnnual report
「As of 30 September 2023, real estate held for sale at Metsä Village amounted to ¥4,095 million. However, if the net realisable value declines, an impairment loss may be recognised.」
The company continues to disclose the potential impairment of real estate held for sale at Metsä Village, together with its ¥4,095 million balance. - FY2021RestatedAnnual report
「As of 30 September 2021, real estate held for sale at Metsä Village amounted to ¥4,038 million, but if the net selling price declines due to the prolonged impact of COVID-19, an impairment loss may be recognized.」
The company continues to disclose the potential decline in the net selling price of the ¥4,038 million of real estate held for sale at Metsä Village and the potential recognition of an impairment loss due to the prolonged impact of COVID-19. - FY2020First statedAnnual report
「Real estate held for sale at Metsä Village amounted to ¥3,999 million, but if the net selling price declines due to the prolonged impact of COVID-19, an impairment loss may be recognized.」
The company holds Metsä Village as real estate held for sale and identified the potential decline in its net selling price and recognition of an impairment loss due to the prolonged impact of COVID-19 as a separate material risk.