Risk of inventory valuation losses due to deteriorating real estate market conditions
First written in FY2016. 17 of 22 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If, as a result of economic fluctuations, deterioration in real estate market conditions or other factors, inventory arises whose fair value (net realizable value) falls below its acquisition cost, this could affect the Group’s operating results.」
The Group holds substantial inventories, consisting of ¥658.886 million of real estate for sale and ¥19,663.952 million of real estate under development for sale, but no write-down was recognized for the current fiscal year. The valuation-loss risk in the event of deteriorating market conditions continues. - FY2024RestatedAnnual report
「Inventory write-downs —」
Although inventories increased substantially, no inventory write-down was recognized for the current consolidated fiscal year. The valuation-loss risk itself in the event of deteriorating market conditions continues to be disclosed. - FY2023MitigatedAnnual report
「Inventory write-downs ¥3.068 million —」
An inventory write-down of ¥3.068 million recognized in the previous fiscal year was not recognized in the current fiscal year. However, the valuation-loss risk itself arising from deteriorating market conditions continues to be disclosed. - FY2023-Q2RestatedAnnual report
「The inventory write-downs due to reduced profitability included in cost of sales are as follows.” “¥4.207 million” “— yen”」
An inventory write-down of ¥4.207 million was recognized in the same period of the previous year, but no amount was recognized during the cumulative second-quarter period. The disclosure does not state that the risk itself has disappeared. - FY2022MaterialisedAnnual report
「Inventory write-downs — ¥3.068 million」
For inventory related to the real estate development business, a ¥3.068 million write-down due to reduced profitability was recognized in cost of sales. - FY2021RestatedAnnual report
「If, as a result of economic fluctuations, deterioration in real estate market conditions or other factors, inventory arises whose fair value (net realizable value) falls below its acquisition cost, this could affect the Group’s operating results.」
The risk of inventory write-downs and an impact on operating results due to deterioration in real estate market conditions continues. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The treatment of the risk of inventory valuation losses due to deterioration in real estate market conditions continues to be that there have been no material changes. - FY2021-Q2RestatedAnnual report
「Cumulative consolidated second-quarter period (1 August 2020 to 31 January 2021) — thousand yen」
No inventory write-down due to reduced profitability was recognized during the cumulative second-quarter period. No material change in the risk itself is disclosed. - FY2020-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2020-Q2MaterialisedAnnual report
「The inventory write-downs due to reduced profitability included in cost of sales are as follows.” “¥17.208 million”」
A ¥17.208 million inventory write-down due to reduced profitability was recognized in cost of sales, indicating that the valuation-loss risk arising from deteriorating real estate market conditions continues to materialize as an actual loss. - FY2020-Q1MaterialisedAnnual report
「Cumulative consolidated first-quarter period (1 August 2019 to 31 October 2019) ¥29.281 million」
A ¥29.281 million inventory write-down due to reduced profitability was recognized in cost of sales, indicating that the valuation-loss risk arising from deteriorating real estate market conditions has materialized as an actual loss. - FY2019RestatedAnnual report
「If, as a result of economic fluctuations, deterioration in real estate market conditions or other factors, inventory arises whose fair value (net realizable value) falls below its acquisition cost, this could affect the Group’s operating results.」
The risk of inventory write-downs and an impact on operating results due to deterioration in real estate market conditions continues. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risk of inventory valuation losses due to deterioration in real estate market conditions. - FY2016First statedAnnual report
「If, as a result of economic fluctuations, deterioration in real estate market conditions or other factors, inventory arises whose fair value (net realizable value) falls below its acquisition cost, this could affect the Group’s operating results.」
The risk is disclosed that, if the net realizable value of real estate for sale and real estate under development for sale falls below acquisition cost, the difference will be recognized in cost of sales and affect operating results.