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Heiwa Real Estate (8803) · RiskMitigated

Risk of impairment losses and inventory valuation losses due to falling real estate prices

First written in FY2017. 13 of 18 entries say "Restated". Latest entry: FY2025.

18entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2022-Q3MitigatedFY2024 – FY20252017: 220172018: 320182019: 220192020: 120202021: 020212022: 420222023: 420232024: 120242025: 12025
Same theme, other companies
Real estate inventory accumulation and fixed asset impairment riskA theme 26 companies write about · 26 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 11 of 21 companies on the "Worse" side.

7 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「Consolidated fiscal year (from 1 April 2024 to 31 March 2025) Not applicable.」

    No impairment loss was recognized during the current fiscal year, eliminating the impairment related to declining real estate prices and profitability that had amounted to ¥66 million in the previous fiscal year.
  2. FY2024MitigatedAnnual report

    「During the current consolidated fiscal year, the carrying amount of rental real estate whose profitability had declined significantly was reduced to its recoverable amount, and the resulting decrease of ¥66 million was recognized as an impairment loss in extraordinary losses.」

    Impairment losses declined from ¥108 million in the previous fiscal year to ¥66 million, but impairment related to declining real estate profitability continued to occur.
  3. FY2024-Q2RestatedAnnual report

    「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there are no new risks or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  4. FY2024-Q1RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative first quarter. In addition, there were no material changes to the securities report for the previous fiscal year.」

    It is stated that there are no new risks or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  5. FY2023MaterialisedAnnual report

    「During the current consolidated fiscal year, the carrying amount of rental real estate whose profitability had declined significantly was reduced to its recoverable amount, and the resulting decrease of ¥108 million was recognized as an impairment loss in extraordinary losses.」

    The impairment risk arising from lower real estate prices and profitability occurred again during the current period, with impairment losses increasing from ¥2 million in the previous period to ¥108 million.
  6. FY2023-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new occurrences or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  7. FY2023-Q2RestatedAnnual report

    「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new occurrences or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  8. FY2023-Q1RestatedAnnual report

    「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new occurrences or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  9. FY2022MaterialisedAnnual report

    「During the current consolidated fiscal year, the carrying amount of real estate whose market value had declined was reduced to its recoverable amount, and the resulting decrease of ¥2 million was recognized as an impairment loss in extraordinary losses.」

    The impairment risk from declining real estate prices occurred again during the current period, and an impairment loss of ¥2 million was recognized on land for a sports facility in Abiko, Chiba Prefecture.
  10. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there are no new risks or material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  11. FY2021-Q2RestatedAnnual report

    「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  12. FY2020-Q1RestatedAnnual report

    「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  13. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  14. FY2019-Q2RestatedAnnual report

    「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  15. FY2019-Q1RestatedAnnual report

    「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  16. FY2018-Q3RestatedAnnual report

    「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes in the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  17. FY2018-Q2RestatedAnnual report

    「There have been no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new changes or additional occurrences relating to the risk of impairment losses and inventory valuation losses due to declining real estate prices.
  18. FY2017MaterialisedAnnual report

    「If the prices of real estate held by the Group decline due to future trends in real estate market conditions and other factors, the Group's performance may be affected by the recognition of impairment losses and valuation losses on inventories. In addition, during the current consolidated fiscal year, the carrying amount of rental real estate and other assets whose market value had declined was reduced to the recoverable amount, and the resulting decrease of ¥1.957 billion was recognized as an impairment loss in extraordinary losses.」

    The risk of impairment and valuation losses due to declining real estate prices is described, and an impairment loss of ¥1.957 billion was actually recognized during the current period on land for a retail property in Higashiōsaka City.
Moved together

"Expansion of the Building Leasing Business" moved the same way as this thread, in the same document, in 2 of its 18 moves.

222222★123456
  1. ★This thread
  2. 1Expansion of the Building Leasing Business2×
  3. 2Growth through the acquisition and development of new buildings and their operation and management2×
  4. 350% reduction target for Scope 1 and 2 greenhouse gas emissions by fiscal 20302×
  5. 4Strengthening Dialogue with Investors, CSR, Talent Development and Workstyle Reform2×
  6. 5Rotation of Rental Business Assets and Strengthening of the Earnings Base2×
  7. 6Expansion of Fee-Based Businesses, Including REIT Asset Management2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Heiwa Real Estate's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of impairment losses and inventory valuation losses due to falling real estate prices | HEIWA REAL ESTATE CO.,LTD. (8803) | Komori