Risk of fluctuations in real estate values and interest rates
First written in FY2019. 5 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 32 of 78 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions. The Group makes decisions on acquisitions, holdings and sales after comprehensively considering those factors, how the assets are being utilised and the timing, among other considerations.」
The policy of comprehensively assessing real estate value fluctuation risks and making decisions on acquisitions, holdings and sales remains in place. - FY2025RestatedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions. The Group makes decisions on acquisitions, holdings and sales after comprehensively considering those factors, how the assets are being utilised and the timing, among other considerations.」
The policy of comprehensively assessing real estate value fluctuation risks and making decisions on acquisitions, holdings and sales remains in place. - FY2024RestatedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions. The Group makes decisions on acquisitions, holdings and sales after comprehensively considering those factors, how the assets are being utilised and the timing, among other considerations.」
The policy of comprehensively assessing real estate value fluctuation risks and making decisions on acquisitions, holdings and sales remains in place. - FY2023RestatedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions. The Group makes decisions on acquisitions, holdings and sales after comprehensively considering those factors, how the assets are being utilised and the timing, among other considerations.」
The policy of comprehensively assessing real estate value fluctuation risks and making decisions on acquisitions, holdings and sales remains in place. - FY2022RestatedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions.」
The risk that fluctuations in real estate values will affect business results and financial condition remains. - FY2019First statedAnnual report
「Real estate values are subject to fluctuations due to various factors, including macroeconomic conditions, and such fluctuations may adversely affect the Group's business results and financial condition.」
The risk of fluctuations in value in the real estate development, sales and rental businesses is disclosed separately. The risk of interest rate fluctuations associated with borrowings and bond financing is also stated.