Potential Decline in the Value of Real Estate Held for Sale and Impairment of Fixed Assets
First written in FY2022. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 13 of 24 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Specific impairment indicators identified for a ryokanAnnual report
「For certain ryokan where impairment indicators were identified, the company did not recognize an impairment loss because undiscounted future cash flows exceeded the carrying amounts.」
Although the company disclosed that impairment indicators had been identified at certain ryokan, it did not recognize an impairment loss because undiscounted future cash flows exceeded the carrying amounts. - FY2025Specific impairment risk for fixed assetsAnnual report
「For certain ryokan where impairment indicators were identified, the company did not recognize an impairment loss because undiscounted future cash flows exceeded the carrying amounts.」
In addition to the risk of write-downs of real estate held for sale, the company specifically disclosed impairment indicators for ryokan facilities, a future cash flow valuation based on key assumptions including visitor numbers and average spend per guest, and the possibility of future impairment. - FY2023RestatedAnnual report
「During the current consolidated fiscal year, because the net realizable value of asset-management condominiums exceeded their carrying amount, the company did not record a write-down. However, if demand for asset-management condominiums declines in the future due to deterioration in the economic environment or other factors, capitalization rates will rise and net realizable value will fall, potentially resulting in a write-down from the fiscal year following the current consolidated fiscal year onward.」
While no write-down was recorded in the current fiscal year, the company continues to disclose the decline in net realizable value caused by weak purchase demand and the possibility of future write-downs. - FY2022First statedAnnual report
「Because the net realizable value of real estate held for sale exceeds its carrying amount, the company has not written down its carrying amount. Selling prices for rental condominiums in the Tokyo metropolitan area have remained stable. However, if demand for asset-management condominiums declines in the future due to deterioration in the economic environment or other factors, capitalization rates will rise and net realizable value will fall, potentially resulting in a write-down from the fiscal year following the current consolidated fiscal year onward.」
While stating that no write-down was recorded in the current fiscal year for real estate held for sale totaling ¥11,262 million and other assets, the company explicitly identified the decline in net realizable value caused by weak purchase demand and the possibility of future write-downs as accounting estimates.