Decline in the Value of Inventories and Fixed Assets
First written in FY2016. 6 of 15 entries say "Worsened", first in FY2025. Latest entry: 2026-10-30.
Eslead moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2026: 13 of 23 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026MaterialisedAnnual report
「Inventory write-down ¥210 million」
A ¥210 million inventory write-down was actually recorded for the consolidated fiscal year due to the risk of declining inventory values and write-downs to book value. The balances of real estate held for sale and real estate under development for sale have also increased. - FY2026-H1WorsenedAnnual report
「This was mainly due to interim net income before income taxes of ¥9,668 million, an increase of ¥15,117 million in inventories, a decrease of ¥2,816 million in trade payables, and income taxes paid of ¥2,938 million.」
Amid continuing risks of declines in inventory value and inventory write-downs, inventories increased by ¥15,117 million during the interim consolidated accounting period under review. - FY2025WorsenedAnnual report
「Real estate for sale: ¥83,611,209 thousand; real estate under development for sale: ¥90,657,956 thousand」
Amid continuing risks of declines in inventory value and inventory write-downs, the balance of real estate for sale and real estate under development for sale totaled ¥174,269 million, an increase from the end of the previous fiscal year. - FY2024RestatedAnnual report
「If the value of the inventories held by the Group declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values could be recognized, affecting the Group's results of operations and financial position.」
The risk that declines in inventory value and inventory write-downs could affect performance and financial position has been reconfirmed. The inventory valuation loss for the current fiscal year was zero. - FY2022RestatedAnnual report
「If the value of the inventories held by the Group declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values could be recognized, affecting the Group's performance and financial position.」
The risk that declines in inventory value and inventory write-downs could affect performance and financial position has been reconfirmed. - FY2020RestatedAnnual report
「If the value of the inventories held by the Group declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values could be recognized, affecting the Group's performance and financial position.」
The risk that declines in inventory value and inventory write-downs could affect performance and financial position has been reconfirmed. No impairment loss was recognized in FY2020. - FY2019MaterialisedAnnual report
「During the consolidated fiscal year under review, following the decision to change the use of the assets in the above asset group from company-wide assets to rental assets, the Group reduced their carrying value to the recoverable amount and recognized the reduction as an impairment loss under extraordinary losses. The breakdown was land of ¥170 million.」
In connection with the decline in asset value, an impairment loss of ¥170 million was actually recognized for land. However, the direct trigger stated was the change in use from company-wide assets to rental assets. - FY2018RestatedAnnual report
「If the value of the inventories and fixed assets held by the Group declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values and impairment losses could be recognized, affecting the Group's performance and financial position.」
The risks of declines in the value of inventories and fixed assets and of carrying-value write-downs and impairment losses resulting from deterioration in economic and real estate market conditions have been reconfirmed. - FY2017RestatedAnnual report
「If the value of the inventories and fixed assets held by the Group declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values and impairment losses could be recognized, affecting the Group's performance and financial position.」
The risks of declines in the value of inventories and fixed assets and of carrying-value write-downs and impairment losses resulting from deterioration in economic and real estate market conditions have been reconfirmed. - FY2016First statedAnnual report
「If the value of the inventories and fixed assets held by the Company declines because of future economic trends, deterioration in real estate market conditions or other factors, write-downs of inventory carrying values and impairment losses could be recognized, affecting the Group's performance and financial position.」
The disclosure indicates that deterioration in economic and real estate market conditions could reduce the value of assets held and lead to carrying-value write-downs and impairment losses.