Sale of inventory real estate below book value and impairment losses on fixed assets
First written in FY2017. 6 of 10 entries say "Materialised", first in FY2017. Latest entry: 2026-08-06.
Revolution moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 11 of 21 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- 2026-08-06MaterialisedOccurring Fact
「In connection with the transfer of this fixed asset, an impairment loss of ¥549 million, equivalent to a loss on transfer, is expected to be recognized as an extraordinary loss in the cumulative consolidated period through the third quarter of the fiscal year ending October 2026.」
The Company plans to transfer a residential property with a carrying amount of ¥1,137 million for ¥587 million, with recognition of an impairment loss of ¥549 million equivalent to the loss on transfer expected. A transfer below book value and the resulting loss have become expected to occur. - FY2025WorsenedAnnual report
「The inventory valuation loss for the current consolidated fiscal year was ¥6,297,316 thousand.」
The inventory valuation loss increased substantially from ¥5,257 thousand in the previous consolidated fiscal year to ¥6,297,316 thousand. Losses recognized due to declining profitability of real estate for sale and other assets have expanded. - FY2025-H1WorsenedAnnual report
「In the Real Estate Business segment, with regard to the consolidated subsidiaries リパーク株式会社 and 株式会社REGALE, the company determined, after considering progress against the original business plans and the outlook for future performance, that the excess earning power initially anticipated could no longer be expected. Accordingly, it recognized impairment losses on tangible fixed assets, intangible fixed assets and goodwill. The impairment loss recognized during the interim consolidated accounting period was ¥194 million.」
In addition to the previous inventory valuation losses and other items, the company recognized ¥194 million in impairment losses on tangible and intangible fixed assets and goodwill related to リパーク株式会社 and 株式会社REGALE. - FY2024MitigatedAnnual report
「The inventory balance at the end of the fiscal year is stated after a write-down due to declining profitability, and the following inventory valuation loss is included in cost of sales: …… Current consolidated fiscal year: ¥5,257 thousand」
The inventory valuation loss decreased from ¥67,841 thousand in the previous fiscal year to ¥5,257 thousand in the current fiscal year, reducing the valuation-loss risk related to real estate for sale and other assets in monetary terms. - FY2023WorsenedAnnual report
「As a result of implementing the above measures, the company recognized extraordinary losses including an inventory valuation loss of ¥67 million, contract cancellation penalties of ¥15 million arising from early termination of contracts and other matters, and impairment losses of ¥55 million.」
In connection with the reorganization of the real estate business and store closures, the company recognized an inventory valuation loss of ¥67,841 thousand, an impairment loss of ¥55,582 thousand and other losses. Losses related to real estate for sale and fixed assets continued to be recognized. - FY2022-Q3MaterialisedAnnual report
「After the end of the third-quarter consolidated accounting period, the company further resolved to sell company-owned properties and recognized an inventory valuation loss on some of those properties.」
An inventory valuation loss was actually recognized in connection with the additional sale of company-owned properties. The company reported an additional valuation loss in addition to the previously recognized impairment losses on fixed assets and losses on real estate for sale. - FY2022-Q2MaterialisedAnnual report
「In the Real Estate Business segment, because the company changed its policy for holding fixed assets, it reduced their carrying value to the recoverable amount and recognized the reduction as an impairment loss under extraordinary losses. The impairment loss recognized during the six-month period of the second quarter of the current consolidated fiscal year was ¥41,207 thousand.」
Following a change in the policy for holding fixed assets, the company recognized an impairment loss of ¥41,207 thousand during the six-month period of the second quarter of the current consolidated fiscal year. - FY2021-Q3MaterialisedAnnual report
「In the Real Estate Business segment, the company reduced the carrying value of assets held for sale to their recoverable amount and recognized the reduction of ¥9,291 thousand as an impairment loss under extraordinary losses.」
The company reduced the carrying value of assets designated for sale to their recoverable amount and recognized an impairment loss of ¥9,291 thousand. The impairment of fixed assets actually occurred during the quarter. - FY2020MaterialisedAnnual report
「With regard to business assets whose profitability had declined, namely income-producing properties held for rental, the company reviewed their future recoverability in accordance with the Accounting Standard for Impairment of Fixed Assets and consequently recognized an impairment loss.」
The company recognized an impairment loss of ¥148,262 thousand on income-producing rental properties due to declining profitability. The impairment related to land, buildings and other assets at 4 properties in Shimonoseki City. - FY2017MaterialisedAnnual report
「Although the deficit was further reduced through improved operating efficiency and lower expenses, the company recognized one-time losses, including losses arising from the decision to sell real estate for sale below carrying value and impairment losses on fixed assets.」
The company stated that the decision to sell real estate for sale below carrying value and impairment losses on fixed assets had actually occurred, and that extraordinary losses totaled ¥993 million, primarily due to impairment losses and related items.